USEPA Releases Financial Impact Tool
The United States Environmental Protection Agency (USEPA) has released the Water Utility COVID-19 Financial Impact Tool which can help drinking water, wastewater, and stormwater (“water”) utilities assess the financial impact of the COVID-19 pandemic on the utility’s cashflow. This tool leads water utilities through questions that can determine how their revenues, expenses, and cashflow have been affected by the COVID-19 pandemic. The spreadsheet automatically calculates the changes for a utility’s revenues and expenses by looking at current 2020 monthly financials versus the average monthly financials of the utility’s 2019 audited financial statement. Water utilities can use the tool each month to keep a running total of their cashflow. Check out the webpage to download the Financial Impact Tool and view the Press Release.
USEPA’s Water Workforce Initiative
Earlier this month, the USEPA released America’s Water Sector Workforce Initiative which lays out a number of actions USEPA, other federal agencies, and various water sector partners will be taking in the coming years. This two-year effort signals a call to action for stakeholders to come together to address this important challenge facing the water sector. Check out their new webpage to house information about the Workforce Initiative and other important information.