The fiscal year 2017 annual report for the Iowa State Revolving Fund (SRF) is now available online at the links below. From the Executive Summary:
"Annual reports usually contain a lot of data, and this one is no different. It includes dollar amounts financed, numbers of projects receiving assistance, return on capital figures, and more. But underlying the facts and figures are the stories of the Iowa communities, utilities, farmers, landowners and others solving problems and making investments in Iowa’s water and the future of the state.
The SRF was just shy of the $3 billion mark in cumulative assistance provided during SFY 2017. Because the funds are continually being loaned out and repaid with interest, the SRF continues to grow. This source of financing will continue to meet future needs for a wide variety of water issues.
The Iowa SRF continues to be an effective and cost-efficient vehicle for financing projects to protect water quality and public health, as intended by Congress and state policy-makers. Iowa dynamically manages its SRF to fully utilize available resources, serve its borrowers, and create opportunities for innovative financing. Iowa's results are visible in the pages of this report."
FY 2017 Annual Report Narrative
Clean Water SRF Exhibits
Drinking Water SRF Exhibits