Many public water systems in the United States are faced with having to invest in plants and equipment to monitor and treat their drinking water in order to comply with the Safe Drinking Water Act (SWDA).
| Title | How will small water systems finance SDWA compliance? |
| Publication Type | Journal Article |
| Year of Publication | 1993 |
| Authors | Teernstra, B |
| Pagination | p. 43-46: 1 tab., photogr. |
| Date Published | 1993-01-01 |
| Keywords | financing, legislation, small community supply systems, usa |
| Abstract | Many public water systems in the United States are faced with having to invest in plants and equipment to monitor and treat their drinking water in order to comply with the Safe Drinking Water Act (SWDA). For small, often privately owned, systems, financing these expenditures will likely be difficult. This article reviews the options available for the small water system to obtain funds for capital expenditures. The funding options mentioned are local banks, the Farmers Home Administration (FmHA), and pooling borrowing requirements of several small systems into a single, large amount to be offered on the bond market. The demonstration of financial stability is a primary requirement for obtaining a loan. The risk of lending money to small water systems is evaluated. |
| Notes | 8 ref. |
| Custom 1 | 202.8 |
