Funding and Affordability

“A Game Plan for Aging Water Infrastructure” by Gregory M Baird
2010 American Water Works Association AWWA Journal (April 2010)*
This article focuses on the development of an overall game plan to address the nation’s aging wet infrastructure crisis by working towards asset sustainability and affordability through applying asset management and condition assessment activities while also pursuing financing options and improving stakeholder relations.

"Bond Buyer A Better Path for Infrastructure"  by Gregory M Baird

 

"Fight Back Against Rising Water Bills"  by Gregory M Baird

“Meters and Tariffs: Challenges and Pitfalls-Lessons from the U.S.” by Gregory M Baird
Water and Wastewater International Magazine/Water World (March 2011)

“Water Affordability: Who’s going to pick up the Check?” by Gregory M Baird
American Water Works Association AWWA Journal (December 2010)*
This heavily researched article describes the development of the EPA’s expectation that affordable water and sewer rates based on average median household incomes within utility jurisdictions should total about 5.0%. This concept is then applied to the State of Colorado and a large segment of Canada demonstrating the potential for 200-400% increases in rates and the difficulty it imposes to rural communities and disadvantaged and low income households.

“Balancing Demands for Limited Funds between Existing Infrastructure Needs and Water Supply Projects” by Gregory M Baird
American Water Works Association AWWA Journal (September 2010)*
This article discusses the competition for funding between water supply projects needs and infrastructure replacement projects. The core of the funding issue is who benefits and the laws around rate increases and developer fee calculations.

“The Pendulum Swing of Revenue Stability and Conservation” by Gregory M Baird
American Water Works Association AWWA Journal (August 2010)*
This article explains how conservation water rate models are not producing the revenue that they had forecasted in this new economy. Now, many utility managers are faced with lower than expected water demand which in turn has created a significant reduction in required revenue to meet the operational needs. The crisis deals with an imbalance between revenue stability requirements and water conservation objectives. The remedy to this serious issue requires a broad understanding of the unique set of factors which make up the utilities’ water demand and revenue characteristics. The steps required to quantify these factors include reviewing possible internal adjustments, conducting studies and scenario testing, tracking and monitoring trends, developing risk mitigation tools, and promoting community education and outreach.

“The Labyrinth of Capital Planning and Budgeting for Water Infrastructure” by Gregory M Baird
American Water Works Association AWWA Journal (July 2010)*
This article explains the capital budgeting process as being more complicated than the operating budget. Capital planning and budgeting is also more time consuming because it leads to a capital financing plan or funding strategy. The important fact that remains, however, is the capital planning process is actually a key to reduce the overall capital burden and reduce the long-term maintenance costs to the benefit of the rate payers. Therefore, it is important to spend the necessary time, energy and dollars to reveal that the greater opportunity of cost savings and lower future rate increases are imbedded in a robust capital planning effort.

“How to Eat an Elephant: The Infrastructure Investment Gap” by Gregory M Baird
American Water Works Association AWWA Journal (June 2010)*
This article explains the various private and governmental studies on the gap of funding for water and wastewater infrastructure and the importance of action at the federal, state, regional and local level.

“The Unfunded Liability in the Closet: Aging Water Systems” by Gregory M Baird
2010 Bond Buyer (May 2010)
This commentary highlights to the municipal bond market, credit agencies and investors- the undisclosed infrastructure gap liability that is growing for utilities in the US because of the short falls in the final version of GASB 34.

*Reprinted from Journal AWWA, by permission on Author's Personal Website. Copyright © 2010, Copyright © 2011, Copyright © 2012, American Water Works Association. Permission to reproduce this document is granted for informational purposes only and does not represent or imply approval or endorsement by AWWA of any particular product or service.

**Reprinted from Journal AWWA, by permission on Author's Personal Website. Copyright © 2011, American Water Works Association. Permission to reproduce this document is granted for informational purposes only and does not represent or imply approval or endorsement by AWWA of any particular product or service.

 

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