Post Tagged with: "water finance"

Analysis: Drinking water revenue decline could mean $32.7 billion in losses

Analysis: Drinking water revenue decline could mean $32.7 billion in losses

Water industry associations last week offered a stark analysis of the continued impact of the coronavirus pandemic on U.S. water utilities. According to an analysis prepared by Raftelis for the American Water Works Association (AWWA) and the Association of Metropolitan Water Agencies (AMWA), revenue shortfalls atRead More

Rates and Affordability: A Ratings Agency Perspective

Rates and Affordability: A Ratings Agency Perspective

By Erin Boeke Burke What Does “Affordable” Mean? There are a wide range of opinions on what it means for water and sewer service to be “affordable.” To some, water is a human right, others a property right, and still others a commodity. One thingRead More

Stimulus package excludes financial relief for water sector

Stimulus package excludes financial relief for water sector

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

COMMENTARY: Yes, Finance and Engineering Can Be BFFs

COMMENTARY: Yes, Finance and Engineering Can Be BFFs

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

WaterWorksFund.com launches to advance investment opportunities

WaterWorksFund.com launches to advance investment opportunities

Public Utility Finance, Water Finance February 24, 2020 at 10:10 am

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

Financial Report: Serving the Community through Data-Driven Decisions

Financial Report: Serving the Community through Data-Driven Decisions

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

Water Utilities, Climate Change, Bond Ratings and Insurance: Connections and Implications

Water Utilities, Climate Change, Bond Ratings and Insurance: Connections and Implications

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 acquires Novak Consulting Group

Raftelis acquires Novak Consulting Group

Public Utility Finance, Water Finance January 27, 2020 at 11:27 am

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

LAST CALL! Call for speakers for 2020 Water Finance Conference

LAST CALL! Call for speakers for 2020 Water Finance Conference

Organizers of the 2020 Water Finance Conference are looking for speakers for its sixth annual event to be held August 19-20 in Washington, D.C. The Water Finance Conference is aimed at gathering executive-level utility professionals, including directors, superintendents, CEOs, CFOs and finance managers with consultants,Read More

In 2016, DC Water issued a unique $25 million Environmental Impact Bond, the proceeds of which went to green infrastructure projects to reduce the flow of stormwater into the Potomac River.

Environmental Impact Bonds: The Very Welcome New Kid on the Municipal Finance Block

Water Finance August 19, 2019 at 8:41 am

By Michael Curley The public finance industry is not well known for breathtaking innovations nor spontaneous breakthroughs. But in the past three years a truly innovative development has occurred: Environmental Impact Bonds (EIBs). In 2008, the World Bank issued what it called a “green bond.”Read More