Public Utility Finance

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

Call for speakers extended for 2019 Water Finance Conference

Call for speakers extended for 2019 Water Finance Conference

March 4, 2019 at 3:36 pm 0 comments

The deadline to submit an abstract for the 2019 Water Finance Conference is being extended to March 22. The 2019 event will be the fifth year for the Water Finance Conference and will be held Aug. 21-22 at the Washington Court Hotel in Washington, D.C. The Water Finance Conference is aimedRead More

Pricing California’s Water During the Drought: Can Rate Structures Provide an Incentive for Conservation?

Pricing California’s Water During the Drought: Can Rate Structures Provide an Incentive for Conservation?

February 20, 2019 at 8:00 am 0 comments

By Jeff Hughes, Shadi Eskaf & Liz Harvell The relationship between water pricing and water use is more nuanced than basic economic theory on supply and demand suggests. That’s what the Environmental Finance Center at the University of North Carolina at Chapel Hill (EFC) found in a recent study on waterRead More

Enhancing Your Utility’s Long-Term Financial Sustainability & Resilience through Cash Reserves

Enhancing Your Utility’s Long-Term Financial Sustainability & Resilience through Cash Reserves

February 19, 2019 at 1:30 pm 0 comments

By Andy McCartney Personal financial advisors often recommend that families should have enough money in an emergency fund to cover at least three to six months of living expenses. Corporations such as Microsoft, General Electric and Home Depot maintain excess operating funds for their own business reasons. Why should waterRead More

Orange County gets GFOA award for transparency, budgeting practices

Orange County gets GFOA award for transparency, budgeting practices

February 11, 2019 at 12:07 pm 0 comments

As a public agency, being open and transparent is a primary goal for the Orange County Sanitation District (OCSD). These goals were recently rewarded when OCSD was acknowledged for its 2018 transparency efforts and budgeting process by the Government Finance Officers Association (GFOA). For the 22nd consecutive year, OCSD hasRead More