Public Utility Finance

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

WEF releases first-ever stormwater needs analysis revealing major funding gap

WEF releases first-ever stormwater needs analysis revealing major funding gap

May 10, 2019 at 2:15 pm 0 comments

The first-ever analysis of needs of the U.S. stormwater sector shows an estimated $7.5 billion annual funding gap and revealed top priorities and challenges across the country. The inaugural MS4 Needs Assessment Survey led by the Water Environment Federation’s (WEF) Stormwater Institute, reflects an effort to learn more about the natureRead More

NACWA: Now Is the Time to Advance Clean Water Infrastructure

NACWA: Now Is the Time to Advance Clean Water Infrastructure

April 15, 2019 at 11:15 am 0 comments

By Jason Isakovic Public clean water sewer and stormwater services are an aspect of everyday life that often goes unnoticed by the hundreds of millions of Americans that depend on them. These essential services provide communities throughout the country, both small and large, the ability to ensure homes, businesses, hospitals, andRead More

EPA’s new round of WIFIA loans totals $6 billion

EPA’s new round of WIFIA loans totals $6 billion

April 12, 2019 at 3:22 pm 0 comments

In March, U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler announced the availability of funding to provide an estimated $6 billion in Water Infrastructure Finance and Innovation Act (WIFIA) loans in 2019. “Through WIFIA, we are addressing several of President Trump’s top priorities simultaneously: modernizing our nation’s aging infrastructure, improvingRead More

Cash Reserves Pt. 2: Capital Reserves, Debt Service & Rate Stabilization Reserves

Cash Reserves Pt. 2: Capital Reserves, Debt Service & Rate Stabilization Reserves

April 8, 2019 at 12:09 pm 0 comments

By Andy McCartney Editor’s Note: This is the second article in a two-part series on cash reserves for water utilities. As mentioned in the first article on operating reserves, cash reserves are required to meet the operational, maintenance and capital needs of the utility while providing a necessary service 24Read More