Public Utility Finance

EPA invites 38 projects to apply for WIFIA loans

EPA invites 38 projects to apply for WIFIA loans

October 28, 2019 at 8:23 am 0 comments

Last week, the U.S. Environmental Protection Agency (EPA) announced it is inviting a total of 38 projects in 18 states to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans. Together, the selected borrowers will apply for WIFIA loans totaling approximately $6 billion to help finance over $12 billionRead More

Indiana gets $436 million WIFIA loan in largest single disbursement to date

Indiana gets $436 million WIFIA loan in largest single disbursement to date

October 14, 2019 at 8:20 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced a $436 million Water Infrastructure Finance and Innovation Act (WIFIA) loan – the largest initial disbursement under WIFIA to date – to the Indiana Finance Authority (IFA). EPA Administrator Andrew Wheeler announced the loan closing along with Indiana Gov. Eric Holcomb andRead More

Forecast: 10-year CAPEX for U.S. water utilities could reach $629 billion

Forecast: 10-year CAPEX for U.S. water utilities could reach $629 billion

September 30, 2019 at 10:02 am 0 comments

According to a new forecast from Bluefield Research, municipal utilities in the United States are expected to spend $629 billion on capital expenditures (CAPEX) over the next decade to address increasing demands on water and wastewater infrastructure. While the baseline forecast projects a 2.6 percent annual growth rate, in-line withRead More

Hand holding piece of jigsaw puzzle with word FINANCIAL PLANNING. Selective focus

Why My Capital Planning Role Is So Challenging…

September 16, 2019 at 9:41 am 0 comments

By Kristy Neckowicz Although roles in planning differ, we’ve seen, time and again, the same handful of challenges related to the effective planning and execution of capital programs. If I walk a mile in a director of engineering’s shoes, here’s how my world would look… I have a huge responsibility toRead More

Conceptual hand writing showing Budget Planning. Business photo text Financial Plannification Evaluation of earnings and expenses written Notebook Book the jute background Pens next to it.

5 Best Practices for Utility Capital Planning & Execution

August 19, 2019 at 9:20 am 0 comments

By Kristy Neckowicz Optimizing a Capital Improvement Program (CIP) can be a daunting task for any organization given the inherent complexities and many “moving parts” that constitute the plan. When a CIP comprises a hundred or more projects, juggling the budgets, timelines and resources – all of which are limited orRead More

5th Annual Water Finance Conference Welcomes Sonny Popowsky as Keynote Speaker

5th Annual Water Finance Conference Welcomes Sonny Popowsky as Keynote Speaker

July 11, 2019 at 1:44 pm 0 comments

Philadelphia’s water rate board chair and former Pennsylvania consumer advocate to discuss rate setting, affordability challenges Irwin A. “Sonny” Popowsky, chair of the City of Philadelphia’s Water, Sewer & Storm Water Rate Board, will kick off the fifth annual Water Finance Conference as the keynote speaker on the morning ofRead More

Examining New Payment Methods to Address Agricultural Nutrient Runoff

Examining New Payment Methods to Address Agricultural Nutrient Runoff

June 27, 2019 at 10:09 am 1 comment

By Michael Curley Water quality is a major problem throughout the United States. But it’s not nearly as bad as it used to be. In 1969, the Cuyahoga River in Cleveland was so polluted that it actually caught fire! That made headlines all across the country and galvanized the U.S.Read More

Bill introduced to restore advanced refunding of municipal bonds

Bill introduced to restore advanced refunding of municipal bonds

June 12, 2019 at 2:07 pm 0 comments

U.S. House Representatives Dutch Ruppersberger (D-Md.) and Steve Stivers (R-Ohio) — co-chairs of the bipartisan House Municipal Finance Caucus — introduced The Investing in Our Communities Act (H.R. 2772) in May, which would amend the federal tax code to reinstate the option for a single advance refunding of municipal bonds. NACWA joinedRead More

House bill boosts EPA funding amid infrastructure plan fallout

House bill boosts EPA funding amid infrastructure plan fallout

May 31, 2019 at 3:04 pm 0 comments

The House Appropriations Committee passed its Fiscal Year 2020 (FY20) Interior & Environment Appropriations bill in May, which funds the U.S. Environmental Protection Agency (EPA), and included a significant increase for key EPA programs. This occurred on the same day President Trump broke off discussions with Congressional leaders on aRead More

New disaster bill includes funds for drinking water resilience

New disaster bill includes funds for drinking water resilience

May 28, 2019 at 9:40 am 0 comments

Last week, congressional leaders agreed on a $19.1 billion emergency supplemental spending bill that would aid communities affected by recent wildfires, floods, earthquakes, and hurricanes. The measure is expected to pass once lawmakers return from this week’s Memorial Day recess. The bill includes an additional $296 million in Drinking Water State Revolving FundRead More