Uncertainty precipitated by the COVID-19 economic disruption has left utilities in a difficult situation, particularly for those transitioning into new fiscal years. Annually, July 1 is the start of the fiscal year for 37 of the 100 municipal utilities analyzed by Bluefield Research. Looking at these recently updated plans sheds light on immediate responses to quarantines, shutdowns, and subsequent revenue impacts.
The analysis indicates that municipal utility planning departments are still grappling, if not kicking the can down the road in some cases, with the realities of the current market downturn. The budgetary changes from last year vary from extreme reduction to budget increases, to flatlining.
In this Data Insight:
- COVID-19 response
- Percent change in total CAPEX projections from 2020 to 2029
- Capital Improvement Plan ten-year-overview
- 37 U.S. utility profiles (post Covid-19 updates)
Bluefield will analyze the remaining 67 utilities in this top 100 after their new plans are published in January 2021 to gauge their response to COVID-19-related upheaval.
Companies MentionedAlbuquerque Bernalillo County Water Utility Authority // Anchorage Water and Wastewater Utility // Atlanta Department of Watershed management // Austin Water // Baltimore Department of Public Works // Board of Water Supply City and County of Honolulu // Burlington Department of Public Works // Cedar Rapids Public Works Department // Cincinnati Water Works // Clark County Water Reclamation District // Concord General Services Department // Denver Water // Des Moines Department of Public Works // East Bay Municipal Utility District // Fairfax County // Falls Church Department of Public Works // KC Water // Las Vegas Valley Water District // Lincoln Public Works and Utilities Department // Louisville/Jefferson County Metropolitan Sewer District // Memphis Public Works Division // New York City Department of Environmental Protection // Omaha Department of Public Works // Philadelphia Water // Phoenix Water Services Department // Raleigh Public Utilities Department // Riverside Western Municipal Water District // San Antonio Transportation and Capital Improvements Department // San Diego County Water Authority // Seattle Public Utilities // Suffolk County Water Authority // Tucson Water // Tulsa Water and Sewer Department // Virginia Beach Department of Public Utilities