Public Utility Finance

Increasing State Revolving Fund Capacity through Leveraging

Increasing State Revolving Fund Capacity through Leveraging

July 9, 2021 at 8:16 am 0 comments

Editor’s Note: This article is a follow-up to a piece in the April issue discussing how innovative features of the WIFIA program can help expand SRF loan capacity. By Katy Hansen, Sridhar Vedachalam & John Ryan In 2008, Iowa state lawmakers were determined to finance infrastructure upgrades in 600 smallRead More

A Perspective on Public Water Sector Asset Valuation

A Perspective on Public Water Sector Asset Valuation

July 6, 2021 at 11:24 am 0 comments

By Mark T. Hessel   Property insurance coverage for water and wastewater utilities can present many challenges – for insurer and insured, alike. Accurate coverage begins with proper recording and valuation of the underlying exposures; however, property typically found in utility operations can be difficult for underwriters to comprehend andRead More

House advances bill with increased funding for clean water

House advances bill with increased funding for clean water

June 14, 2021 at 9:25 am 0 comments

The U.S. House of Representatives’ Transportation and Infrastructure (T&I) Committee last week marked up and advanced H.R. 1915, the Water Quality Protection and Job Creation Act of 2021. This legislation follows the Senate’s passage in May of its clean water reauthorization package, S. 914, the Senate Drinking Water and WastewaterRead More

Low-income water assistance program formally launched

Low-income water assistance program formally launched

June 7, 2021 at 8:32 am 0 comments

The White House last week announced the official launch of the Low-Income Household Water Assistance Program (LIHWAP) housed at the U.S. Department of Health & Human Services (HHS).  This program is the first of its kind designed to provide funding to help low-income households affected by the COVID-19 pandemic pay their water andRead More

Treasury releases COVID-19 recovery fund, guidance for water infrastructure 

Treasury releases COVID-19 recovery fund, guidance for water infrastructure 

May 17, 2021 at 9:15 am 0 comments

The U.S. Treasury has released initial guidance for the Coronavirus State and Local Fiscal Recovery Fund (CSLFRF). The CSLFRF is the $350 billion pot of funding provided in the COVID-19 American Rescue Plan Act signed into law in March that includes water and sewer infrastructure as an eligible use. These funds will flow directly toRead More

EPA announces another $6.5 billion in WIFIA funding

EPA announces another $6.5 billion in WIFIA funding

May 3, 2021 at 6:03 am 0 comments

Last week at an address to water associations, utilities and their workers as part of Water Week, U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan announced the 2021 notice of funding availability under the agency’s Water Infrastructure Finance and Innovation Act (WIFIA) program and state infrastructure financing authority WIFIARead More

Call for Speakers! 2021 Virtual Water Finance Conference

Call for Speakers! 2021 Virtual Water Finance Conference

April 21, 2021 at 7:07 am 0 comments

Organizers of the 2021 Water Finance Conference are looking for speakers for its seventh annual event to be held virtually, August 10, 12 17 & 19. Please email your 200-word abstract to Andrew Farr by May 21. The Water Finance Conference convenes executive-level utility professionals, including directors, superintendents, CEOs, CFOs and financeRead More

3 Truths That Will Make or Break a Water or Sewer Utility

3 Truths That Will Make or Break a Water or Sewer Utility

April 20, 2021 at 10:21 am 0 comments

Managing Finances & Cost of Service By JP Joly 1. Every water and sewer utility needs a financial plan. Every water and sewer utility are unique with their operational costs, maintenance routines, timing of repairs and prioritization of asset replacements. 2. Remote work and access to financial planning are hereRead More

2021 Water Finance Conference moves to virtual format

2021 Water Finance Conference moves to virtual format

April 19, 2021 at 7:23 am 0 comments

The Water Finance Conference is again shifting to a virtual format for 2021. The seventh annual event, which exclusively covers financing in the U.S. water utility sector, was originally scheduled for Aug. 18-19 in Washington, D.C. With lockdowns and restrictions beginning to ease, conference organizers had been hoping to returnRead More

DC Water gets $156 million WIFIA loan

DC Water gets $156 million WIFIA loan

April 19, 2021 at 6:08 am 0 comments

U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan has announced a $156 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the District of Columbia Water and Sewer Authority (DC Water). The loan will help finance water infrastructure improvements throughout the city, including new water mains to improveRead More