Public Utility Finance

WIFIA: Examining Synergies with the Muni Bond Market

WIFIA: Examining Synergies with the Muni Bond Market

September 25, 2020 at 3:37 pm 0 comments

Economic gains are possible when investors with different strengths and preferences are combined in a single financing. It’s happening at the WIFIA loan program. By John Ryan The WIFIA loan program makes long-term loans for qualified projects at the U.S. Treasury’s interest rate. Since debt capital markets start with thisRead More

EPA announces new WIFIA loans totaling more than $415 million

EPA announces new WIFIA loans totaling more than $415 million

September 21, 2020 at 9:36 am 0 comments

The U.S. Environmental Protection Agency (EPA) announced two new Water Infrastructure Finance and Innovation Act (WIFIA) loans at events in Oceanside, Calif. and Salt Lake City, Utah. EPA’s 27th and 28th WIFIA loans will provide more than $415 million to help the local communities finance important water infrastructure projects—supporting anRead More

Water associations react to EPA’s affordability guidance update

Water associations react to EPA’s affordability guidance update

September 15, 2020 at 3:00 pm 0 comments

The American Water Works Association (AWWA), the National Association of Clean Water Agencies (NACWA), and the Water Environment Federation (WEF) are applauding the U.S. Environmental Protection Agency (EPA) for the pre-publication release of its proposed 2020 Financial Capability Assessment (FCA). The new document will aid water sector utilities and theirRead More

Orange County saves ratepayers money with WIFIA loan update

Orange County saves ratepayers money with WIFIA loan update

September 8, 2020 at 10:45 am 0 comments

Joined by leadership from the Orange County Water District (OCWD; Water District) and Orange County Sanitation District (OCSD; Sanitation District), U.S Environmental Protection Agency (EPA) Administrator Andrew Wheeler recently toured the Groundwater Replenishment System (GWRS), where he announced a joint effort that will save ratepayers $79.4 million. Officials from EPARead More

Register for the Virtual Water Finance Conference!

Register for the Virtual Water Finance Conference!

September 8, 2020 at 6:01 am 0 comments

The 2020 Water Finance Conference, being presented in a virtual format in September, will touch on a range of topics in the water utility finance space including rate setting, customer affordability short- and long-term financial planning, revenue recovery through technology, financing unfunded regulatory mandates and privatization and consolidation. The sixth annualRead More

New report offers grim details on underinvestment in U.S. water infrastructure

New report offers grim details on underinvestment in U.S. water infrastructure

August 26, 2020 at 3:11 pm 0 comments

A new economic study finds that cost of water and wastewater failures will be significantly higher in 20 years for American households. According to the new report released last week by the American Society of Civil Engineers (ASCE) and Value of Water Campaign, the United States is underinvesting in itsRead More

Eastern Municipal Water District gets GFOA honor for financial reporting

Eastern Municipal Water District gets GFOA honor for financial reporting

August 6, 2020 at 9:41 am 0 comments

Eastern Municipal Water District (EMWD) was recently recognized for Excellence in Financial Reporting by the Government Finance Officers Association, marking the 17th consecutive year that EMWD has earned the distinction. EMWD received the Certificate of Achievement for its Comprehensive Annual Financial Report for the fiscal year ending June 30, 2019.Read More

Rate Reviews & Long-Term Financial Planning: Lessons from COVID-19

Rate Reviews & Long-Term Financial Planning: Lessons from COVID-19

August 3, 2020 at 10:10 am 0 comments

By JP Joly With the multitude of challenges the world has faced in 2020, primarily due to the COVID-19 pandemic and its economic impact, many water utilities are rethinking their approach to rate reviews and long-term financial planning. As both residential and CII customers look for rate relief and/or paymentRead More

Virtual Water Finance Conference to cover utility rates, affordability, revenue recovery

Virtual Water Finance Conference to cover utility rates, affordability, revenue recovery

August 3, 2020 at 9:12 am 0 comments

September 8, 10, 15 & 17 The 2020 Water Finance Conference, which will be presented in a virtual format this September, will touch on a range of topics in the water utility finance space including rate setting, customer affordability short- and long-term financial planning, revenue recovery through technology, financing unfunded regulatoryRead More

EPA announces $6 billion in WIFIA funds for water projects

EPA announces $6 billion in WIFIA funds for water projects

July 20, 2020 at 10:39 am 1 comment

The U.S. Environmental Protection Agency (EPA) recently announced the 2020 notice of funding availability under its Water Infrastructure Finance and Innovation Act (WIFIA) program, including funding for WIFIA’s new state infrastructure financing authority, known as the SWIFIA program. These funding programs accelerate investment in critical water infrastructure through innovative andRead More