Public Utility Finance

On Tuesday, President Donald Trump tweeted about a possible federal infrastructure bill worth $2 trillion that would presumably serve as, or as part of, a “Phase 4” stimulus package amid the COVID-19 pandemic. Then on Wednesday, House Speaker Nancy Pelosi (D-Calif.) was joined by U.S.Read More

Congress released a massive stimulus package last week that was signed by President Donald Trump amid the COVID-19 pandemic that could have serious economic ramifications both in the United States and around the globe. The bill included significant funding for a variety of private industries, butRead More

Michael Deane, former associate assistant administrator for the U.S. Environmental Protection Agency’s (EPA) Office of Water, announced he has returned to the agency to lead the Clean Water State Revolving Fund (CWSRF) program, effective March 16. Deane most recently served as the executive director ofRead More

By Kristy Neckowicz Recently one of our clients, an engineering director of a major water utility, made a bold claim when she stated, “Against the will of every engineer, their job needs them to also be an accountant.” I’d argue that the same applies for everyRead More

Mayor Byron W. Brown of Buffalo, N.Y. announced during his 14th State of the City address that Buffalo will launch the largest Environmental Impact Bond (EIB) in the country at $30 million. The funds from this investment will allow the City of Buffalo and BuffaloRead More

WaterWorksFund.com, an online investing platform focused on advancing water solutions, has officially launched. WaterWorks, the Detroit-based organization behind the site, says WaterWorksFund.com is aimed at introducing people to investment opportunities in technology companies and projects seeking investment capital. “Many innovative technologies and projects exist toRead More

By Glenn Barnes Water systems exist to serve their communities. But do the water system’s rate structure, prices, and policies align with community values? The annual rate process is an opportunity to measure this. Every year, water systems should calculate the annual cost of providingRead More

The winners of the 2020 National Environmental Achievement Awards (NEAA) were announced last week as part of the National Association of Clean Water Agencies’ (NACWA) Winter Conference, held at the JW Marriott Buckhead in Atlanta, Georgia. The NEAA Program recognizes individuals and NACWA member publicRead More

By Erica Brown The managers of two large utilities recently remarked to me that in recent discussions with bond rating agencies, the questions that arose about climate change dove much deeper than in recent memory. In both cases, rating agencies wanted to know specifically aboutRead More

Raftelis has announced it has acquired The Novak Consulting Group (TNCG), expanding Raftelis’ financial and management consulting offerings into local government functions, including police, fire, recreation and transportation. “Over the past several years, our two firms have developed a strong relationship and we have greatRead More