New Jersey Discharger - V3N3

	Vol. 3 No. 3 Winter 1995
A Newsletter About New Jersey's Water Quality Programs

New Jersey 2nd in Total Money Loaned For Wastewater Improvements

The 1994 Annual State Revolving Fund (SRF) Survey, recently released by the Council of Infrastructure Financing Authorities (CIFA), rated New Jersey second in total money loaned for wastewater improvements. The State of New York ranked first, according to Jim Smith, Executive Director of CIFA.

Smith said the survey, which was conducted by the Ohio Water Development Authority (OWDA) as a service to CIFA members (at no expense to the federal government), serves as a comprehensive national profile of the SRF program and its progress since June 30, 1994. The survey will be used to educate Congress on the nature of the program and its successes, as members consider reauthorizing the Clean Water Act. The most recent proposal, now before the U.S. House of Representatives, includes about $3 billion per year for SRF programs for the next five years.

New Jersey was ranked third behind New York and Texas in 1993. In 1994, New Jersey passed Texas and now trails only New York which, due to its needs, lends over twice the money New Jersey or Texas does. The fact New Jersey's program surpasses those of Texas and California highlights the innovative and aggressive approach the state has taken in cleaning up water resources through wastewater infrastructure improvements.

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