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Reserve Funds – Expect the Unexpected

by Southwest EFC | Jun 14, 2022 | Financial Management, Resilience

The past few years of the global COVID-19 pandemic have certainly had an impact on all sectors of society, including water and wastewater utilities. An early 2020 report by Raftelis and the American Water Works Association (AWWA) projected that drinking water...

ARPA Final Rule Flexibility for Water, Wastewater, and Stormwater Projects

by UNCEFC | Feb 4, 2022 | Access to Wastewater Funding Sources, Access to Water Funding Sources, Financial Management

  After much anticipation, the U.S. Treasury released updated guidance concerning the American Rescue Plan Act (ARPA). On January 6th, 2022, the U.S. Treasury issued its Final Rule on the ARPA State and Local Fiscal Recovery Funds (SLFRF). Additionally, the U.S....
Financial Resilience: Tools to Test a Utility’s Ability to “Weather the Storm”

Financial Resilience: Tools to Test a Utility’s Ability to “Weather the Storm”

by Austin Thompson | Sep 16, 2020 | Financial Management, Risk and Resiliency to Climate Hazards

These are unprecedented times. As the COVID-19 pandemic continues, social norms have changed and unemployment has risen sharply across the nation. As states have pushed residents to stay home, water usage patterns have altered for both commercial and residential...
Visualizing the Value (of a State Revolving Loan Fund)

Visualizing the Value (of a State Revolving Loan Fund)

by Austin Thompson | Aug 15, 2020 | Access to Water Funding Sources, Financial Management

Imagine a town called “Smallville.” Smallville, as you might guess, is small. The town’s water utility needs a new water tank, and they need it now. Like most systems across the US, Smallville’s system is aging and has significant infrastructure needs. Smallville...
Does How Often You Pay for it Matter? The Impacts of Billing Frequency

Does How Often You Pay for it Matter? The Impacts of Billing Frequency

by Stephen Lapp | Jul 15, 2020 | Financial Management, Rates

At the Environmental Finance Center at UNC-Chapel Hill, we are always communicating that how you pay for it matters, but could how often you pay for it matter as well? We delve into the impacts of billing frequency on the utility. It may seem counter-intuitive to...
COVID-19 Conditions’ Financial Effects on 49 Small Water Systems in North Carolina

COVID-19 Conditions’ Financial Effects on 49 Small Water Systems in North Carolina

by Allison Perch | Jun 29, 2020 | Financial Management

Three months after the COVID-19 pandemic suddenly changed how Americans live and work, the financial implications for water systems are becoming apparent. Back in March, we forecasted some of these effects, but we couldn’t measure those changes at that time. As time...
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