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Financing the new water infrastructure

MAY 30, 2018 | by Cynthia Koehler | NATIONAL LEAGUE OF CITIES

“… The news is filled with concerning estimates that it will take billions, or trillions, to address municipal water resource needs going forward. But it may be that these gloomy estimates are overblown. … That challenge has just gotten a bit easier thanks to a recent decision by the Governmental Accounting Standards Board (GASB).  For the last two years, WaterNow Alliance, in partnership with NLC’s Sustainable Cities Institute, has been working with a team of bond lawyers and municipal finance experts to make it easier for cities and towns to pay for green and distributed water programs in the same way that they pay for conventional water infrastructure — all through debt-financing.”

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