environmental finance: how do you pay? community ...€¦ · rates as of january 2015 last updated:...

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Environmental Finance: How Do You Pay? Community Development Academy Jeff Hughes Environmental Finance Center UNC School of Government 919.843.4956 [email protected] www.efc.sog.unc.edu

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Page 1: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

Environmental Finance: How Do You Pay? Community Development Academy

Jeff Hughes Environmental Finance Center

UNC School of Government 919.843.4956

[email protected] www.efc.sog.unc.edu

Page 2: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

Objectives

1.  Discuss the nexus between environmental challenges and how you pay in NC local communities.

2.  Test drive financial management strategies used by local governments to fund environmental programs (focus on wastewater).

Page 3: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

EFC Resources (www.efc.sog.unc.edu)

l Pricing dashboards l Financial planning tools l Blog l Listservs

Page 4: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

Agenda

l Hot Topics and challenges l The tools l Example: Green Grass Lane

Page 5: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

A few environmental challenges…

l Drinking water ¡ Unserved areas ¡ Infrastructure that

needs replacing ¡ Rising cost of service

l Stormwater ¡ Impaired surface water ¡ Stricter regulations

l Energy ¡ Cleantech ¡ High cost of energy

l Wastewater ¡ NPES/Permitting ¡ Unserved areas ¡ Infrastructure

replacement ¡ Nutrients

Page 6: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR
Page 7: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR
Page 8: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR
Page 9: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

Some tools

l Rates l Taxes l Grants l Subsidized Loans

¡ USDA ¡ DENR/SWIA (including

CDBG Infrastructure)

l Interlocal agreements l Assessments

Page 10: Environmental Finance: How Do You Pay? Community ...€¦ · Rates as of January 2015 Last updated: January 26, 2015 *** Example Utility (Demonstration Only) WATER RESOURCES NCDENR

Green Grass Lane

l Who’s responsible? l Who pays? l How do different groups work together?