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State Revolving Funds: Improved Financial Indicators Could Strengthen EPA Oversight
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J. Alfredo Gomez (au)
The Environmental Protection Agency (EPA) estimates that more than $680 billion is needed to repair and replace water and wastewater infrastructure nationwide over the next 20 years. The federal government contributes some funding to states through EPAńˇ╗s Clean Water and Drinking Water state revolving funds (SRF) programs. States use this funding to make loans to communities to build water and wastewater infrastructure, in addition to other assistance. These loans are repaid with interest, and these funds are then used for future loans. EPA reviews and oversees state SRF programs. This report examines (1) factors that affect selected statesńˇ╗ abilities to sustain their SRF funds; (2) selected statesńˇ╗ actions to enhance their SRF funds and views about sustaining the funds; and (3) steps that EPA takes to review statesńˇ╗ abilities to sustain their SRF funds as part of its oversight. Tables and figures. This is a print on demand report.
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