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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...
How Utilities in the Past have Saved Money during Economic Hardship: Similarities and Differences for COVID-19

How Utilities in the Past have Saved Money during Economic Hardship: Similarities and Differences for COVID-19

by UNCEFC | May 20, 2020 | Affordability, Financial Management

Right now, water utilities are facing great uncertainty about the coming months and years. When will moratoria on water shut-offs end? When will water consumption be back to “normal”? Will utility staff get COVID-19? And the “Big One” — What will revenue loss be...
Municipal Bonds & Finance in a Pandemic: How is the Market Responding?

Municipal Bonds & Finance in a Pandemic: How is the Market Responding?

by Austin Thompson | May 6, 2020 | Board/Elected Official Engagement, Financial Management

Municipal Bonds & COVID-19: What is going on? Prior to the outbreak of COVID-19 in the US, the municipal (“muni”) bond market was strong. Investors looking for a non-taxable rate of return were hungry for municipal bonds, driving interest rates down for borrowers...
Regionalization: Five Key Takeaways with Resources!

Regionalization: Five Key Takeaways with Resources!

by Erin Riggs | Apr 29, 2020 | Additional Support Organizations, Partnerships

In the past few years, the EFC has been asked to evaluate the different financial impacts of regionalization, from simple shared services agreements to full-on consolidation. Additionally, we have been evaluating barriers to and opportunities for the creation of new...
Water System Reserves During the COVID-19 Pandemic

Water System Reserves During the COVID-19 Pandemic

by Christian Lutz | Apr 17, 2020 | Financial Management

Local governments have an increased public health responsibility to ensure that people have access to clean water during the COVID-19 pandemic. During this time, many utilities are refraining from shutting off customers’ water, despite unpaid bills. In more than a...
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