The National Federation of Municipal Analysts has released best practices on Clean Water and Drinking Water State Revolving Funds, its first on the subject, which provides a roadmap for state and local governments as these investments become more essential to improving the infrastructure and quality of life around the country. “SRFs were selected because they have truly become a critical financing vehicle for improving the quality of our nation’s water infrastructure and public health,” said Angela Kukoda, disclosure committee chair at NFMA. Both the Drinking Water State Revolving Fund and the Clean Water State Revolving Fund, created in 1987 and 1996, respectively, are partnerships between the Environmental Protection Agency and states to help construct municipal wastewater facilities, control pollution, improve drinking water treatment as well as fund other water quality projects, among many other uses.
Source: The Bond Buyer
