Best Practices to Streamline Capital Budgeting for Long-Term Planning

Public works and utilities often look at their capital projects from a different perspective than the finance department, both of which may have different objectives than the elected leaders who will ultimately approve the projects. When it comes to budget time, this can add to confusion surrounding the needs of the utilities, from identifying if … Read more Best Practices to Streamline Capital Budgeting for Long-Term Planning

Traditional Bonding vs. SRF

As utility systems look to continue reinvesting in existing systems and expanding to serve new customers, one typical hurdle they face is how to pay for investments. Fortunate systems may have enough cash on hand or access to grant funding to offset the costs of needed improvements, but often a system will need to use … Read more Traditional Bonding vs. SRF

Move America Act of 2015 Expands Access to Tax-Exempt Bonds and Federal Tax Credits

Sen. John Hoeven (R-North Dakota) teamed up with Sen. Ron Wyden (D-Oregon) to introduce legislation that would bring billions of investment dollars to State and local government to help grow and repair America’s aging infrastructure. The “Move America Act of 2015” would expand tax-exempt private activity bonds and create a new infrastructure tax credit, giving … Read more Move America Act of 2015 Expands Access to Tax-Exempt Bonds and Federal Tax Credits

$332M USDA Grants to Protect Wetlands

The U.S. Department of Agriculture (USDA) will provide $332 million in financial and technical assistance through the Agricultural Conservation Easement Program (ACEP). USDA’s Natural Resources Conservation Service (NRCS) will accept ACEP applications to protect the nation’s critical wetlands and grasslands. The funding can also be used to help productive farm and ranch lands remain in … Read more $332M USDA Grants to Protect Wetlands

MN Municipal Wastewater Facilities to Benefit from Federal Grant

The Minnesota Department of Commerce recently announced that it is one of eight recipients of the U.S. Department of Energy’s “Opportunities for Innovative Energy Efficiency and Renewable Energy Practices” grants. The $279,432 grant will be used to decrease energy use at municipal wastewater facilities in the State and identify potential opportunities for renewable energy generation. … Read more MN Municipal Wastewater Facilities to Benefit from Federal Grant

WRRDA’s Effect on Clean Water State Revolving Fund Projects

The implementation of the Water Resources and Reform Act of 2014 (WRRDA) will provide new opportunities for utility capital projects. While WRRDA’s full impact will be wide-ranging, there are four items that may have an immediate impact on utilities: WRRDA imposes a water and energy efficiency mandate on all Clean Water State Revolving Fund (SRF) … Read more WRRDA’s Effect on Clean Water State Revolving Fund Projects