Public Utility Finance

Cuomo Approves $33 Million for New York Water Projects

Cuomo Approves $33 Million for New York Water Projects

August 22, 2016 at 11:31 am 0 comments

Earlier this month, New York Gov. Andrew M. Cuomo announced $33 million in grants to support 15 critical municipal water infrastructure projects in the Hudson Valley and on Long Island. The grants are part of the third round of NYS Water Grants funded through the state’s highly successful Water InfrastructureRead More

AEM Poll: Water Innovation Key to Infrastructure Modernization

AEM Poll: Water Innovation Key to Infrastructure Modernization

August 15, 2016 at 12:02 pm 0 comments

Republicans and Democrats have at least one thing they can agree on this election year, according to a national poll released last week by the Association of Equipment Manufacturers (AEM). With less than 90 days left before Election Day, the poll found that half of registered voters say the nation’sRead More

The Southern Delivery System began operations in April 2016 and features 50 miles of predominantly 66-in. pipeline.

Signed, Sealed & Delivered: How Colorado Springs Funded Its Landmark Southern Delivery System

August 12, 2016 at 9:00 am 0 comments

By John Fredell & Bill Cherrier Everybody likes saving money – especially on critical infrastructure projects paid for by the public. The Southern Delivery System (SDS) — which began operation earlier this year — is the largest infrastructure project put into service at one time in the history of Colorado SpringsRead More

The New Face of Water Financing

The New Face of Water Financing

August 11, 2016 at 10:24 am 1 comment

Unique Clean Water SRF Programs Address Non-Point Sources and Other 21st Century Challenges By Michael Curley For the last two centuries, when people thought of water and wastewater they thought of pipes — miles and miles of pipes — and large buildings with treatment works. They thought of monthly orRead More

NACWA Participates in Water Financing Discussion

NACWA Participates in Water Financing Discussion

August 1, 2016 at 10:08 am 0 comments

NACWA participated in a roundtable discussion last week on water infrastructure financing issues organized by the Bipartisan Policy Center (BPC) and held in Philadelphia in conjunction with the Democratic National Convention. The discussion focused on the current financing challenges around water infrastructure investment and potential solutions. Participants included public agencies,Read More

Pennsylvania Announces $68 Million for Water Projects

Pennsylvania Announces $68 Million for Water Projects

July 25, 2016 at 12:45 pm 0 comments

Pennsylvania Gov. Tom Wolf announced last week the investment of $68 million for 20 drinking water, wastewater and non-point source projects across 14 counties through the Pennsylvania Infrastructure Investment Authority (PENNVEST). “The PENNVEST Board of Directors today continued its commitment to improving the drinking water consumed every day by citizensRead More

DWSRF, WIFIA Funding Would Increase Under House Spending Bill

DWSRF, WIFIA Funding Would Increase Under House Spending Bill

July 18, 2016 at 9:39 am 0 comments

In July, the House of Representatives approved fiscal year 2017 (FY17) Interior-EPA appropriations legislation that includes tens of millions of additional dollars for drinking water infrastructure, but a presidential veto threat and Congress’ departure for a seven-week recess make the bill’s potential uncertain. The bill would fund EPA and Interior Department activitiesRead More

Florida DEP to Invest $12 Million in Clean Water Upgrades

Florida DEP to Invest $12 Million in Clean Water Upgrades

June 27, 2016 at 1:24 pm 0 comments

The Florida Department of Environmental Protection has awarded more than $12 million in low-interest loans to four communities to assist in repairing or replacing aging wastewater infrastructure through its Clean Water State Revolving Fund (CWSRF). “The department is proud to work with local communities to provide funding assistance for projectsRead More

Proposed IRS Regulations Could Limit Tax-Exempt Bonds

Proposed IRS Regulations Could Limit Tax-Exempt Bonds

May 9, 2016 at 12:00 am 0 comments

The Internal Revenue Service (IRS) recently issued proposed regulations altering the definition of “political subdivision” for the purpose of issuing tax-exempt bonds and use of tax-exempt financed facilities. The proposed language could have troubling implications for certain wastewater and stormwater utilities seeking to finance projects using tax-exempt bonds and/or use facilities built with tax-exempt financing.

RESEARCH: EPA Funds $10 Million in Water/Wastewater Research

February 1, 2010 at 12:00 am 0 comments

The Water Environment Research Foundation (WERF) will receive $10 million in U.S Environmental Protection Agency (EPA) funds to evaluate new technologies that will help utilities cope with aging and failing water and wastewater systems.