Financing for Environmental Compliance U.S. EPA Office of Compliance
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Transcript of Financing for Environmental Compliance U.S. EPA Office of Compliance
Financing for Environmental Compliance
U.S. EPA Office of Compliance
A step-by-step guide to help communities finance
environmental infrastructure
Widespread Environmental Infrastructure Needs
• 2002 EPA Gap Analysis - Water and wastewater systems may face a spending gap of more than $300 billion over the next twenty years to make necessary improvements
• Communities will need to spend additional funds to maintain and upgrade air and waste municipal infrastructure
Clear Demand For Financial Planning Assistance
• Financial planning issues are usually a part of environmental civil judicial cases
• DOJ, EPA regions, state partners and communities are requesting financial planning assistance
Goals
• Help communities remain in or return to environmental compliance
• Improve public health by helping communities create sound financing plans to pay for environmental infrastructure
General Concept
• Create an environmental infrastructure financial planning website for municipalities and tribes funding major capital improvements
• Direct users to EPA and non-EPA financial and technical resources with specific resources for small municipalities and tribes
Main Homepage
Main Steps Page
Example: Municipal Power Plant Wants Information about Expanding
• City officials are considering adding additional infrastructure
• Seeking information about rate setting and financial risk
• Click on Air Tools and Resources
• Click on Financial Assistance
• Find link to Environmental Finance Center Network
Example: Municipal Energy Plant Wants Information about Tax Implications
Example: Tribal Community Wants Technical Advice to Construct a Landfill
• Tribal community wants information about landfill liners
• Also seeks information about how other similarly sized communities resolved waste issues
• Click on Waste Tools and Resources• Click on Tribal• Find links to EPA and IHS technical
assistance
Example: Tribal Community Needs
Technical Advice to Construct a Landfill
Example: Community Wants to Improve a Drinking Water System
• Community is low on the State Revolving Fund funding list
• Seeks funding sources starting with grants
• Going through the eight step financial planning process
• Click on Step Seven, Financial Options
• Click on Grants
• Find link to water grant resources
Example: Community Wants to Improve a Drinking Water System
Create and Communicate the Financing Plan
Next Steps
• The Web site can be found at:
http://www.epa.gov/compliance/assistance/financing
• Will continue to make changes to the site as new information becomes available
Contacts
Cassandra Rice
1200 Pennsylvania Ave, NW
MC 2224A
Washington, DC 20460
202-564-4057
Tom Ripp
1200 Pennsylvania Ave, NW
MC 2224A
Washington, DC 20460
202-564-7003