The costs of compliance with MS4 permit conditions and other water quality/flood control programs continue to rise, forcing stormwater managers to look for alternatives to traditional funding mechanisms. EFC Senior Project Director Stacey Isaac Berahzer helped plan, and presented at this preconference workshop designed to provide an overview of innovative ways in which stormwater managers can overcome hurdles to fund or finance their stormwater and green infrastructure projects. Experts presented a comprehensive overview of the primary alternative methods to fund stormwater projects, including grants and low interest loans; green stimulus funding; the creation of dependent/independent districts; and revenue and general obligation bonds. Emerging approaches to funding such as nutrient impact fees and public private-partnerships were also discussed.
- Stacey Isaac Berahzer, Senior Project Director, Environmental Finance Center at UNC
- Keith Readling, PE, Vice President, Raftelis Financial Consultants
- Jere Earlywine, Shareholder, Hopping Green & Sams, PA