Civil Engineering Reference
In-Depth Information
assistance programs. Today, financial involvement of most states is primarily focused
in federal / state- capitalized, below-market-interest,
state revolving loan fund
(
SRF
)
programs,
the extension of the state's credit rating in making low-interest loans, or
limited grant programs for special purposes such as economically distressed areas.
Broader eligibility for such federal / state assistance is generally limited to political
subdivisions of the states and nonprofit water and sewer corporations with IOUs being
able to access some assistance only from the state Drinking Water SRF. Also, there
may be public policy initiatives that are associated with accessing funds from these
sources, such as environmental review and promotion of water conservation. So while
not strictly a rate or fee funding tool, these public financial assistance programs can
be an important source of lower-cost, and sometimes no-cost, funding for the provision
of capital infrastructure.
REFERENCES
1. AWWA,
Manual of Water Supply Practices M1: Water Rates,
American Water Works Asso-
ciation, 1991.
2. AWWA,
Manual of Water Supply Practices M34: Alternative Rates,
American Water Works
Association, 1992.
3. AWWA,
Manual of Water Supply Practices M26: Water Rates and Related Charges,
American
Water Works Association, 1986.
