Facilities Financing Issues
NDWAC Drinking Water State Revolving Fund Working Group
Background: The first
meeting of the National Drinking Water Advisory Council (NDWAC)
Drinking Water State Revolving Fund (DWSRF) Working Group was
held on July 16-17, 1997, in Washington, DC.
Status: The DWSRF Working Group arrived at consensus on the following actions: issue papers should be developed based on the Working Group's discussion on eligibility and private systems; an information document with examples should be prepared to assist States in defining eligible growth; the Working Group will review and commend on the transfer guidance being developed by EPA; the Working Group will review and comment on EPA's information document on credit analysis for private systems; and, the Working Group will review and comment on EPA's "Questions & Answers" (Q&A) that are under development for the DWSRF. The Working Group also arrived at consensus language on the following recommendations that it would made to NDWAC: the DWSRF Working Group recommends that NDWAC support and encourage EPA's efforts to develop guidance which allows flexibility in the transfer of funds between the SRF's of the Clean Water Act and the Safe Drinking Water Act; the DWSRF Working Group recommends that NDWAC urge EPA to pursue needed statutory change to eliminate the transfer deadline in section 302 [42 USC 300j]; the DWSRF Working Group recommends that NDWAC urge EPA to pursue needed statutory changes to allow use of the CWA and SDWA SRF's for cross-collateralization. The Working Group's next meeting is scheduled for September 17, 1997 in Washington, DC.