Asset Management Programs use asset inventories, life-cycle cost analyses, risk assessments, and financial planning to set priorities and help meet level of service goals in a cost-effective manner. An effective program can help Vermont's public drinking water systems meet the challenges they face.
Public Water System is defined as any source(s) or combination of sources owned or controlled by a person, that provides drinking water through pipes or other constructed conveyances to the public and that has at least fifteen (15) service connections or serves an average of at least twenty-five (25) individuals daily for at least sixty (60) days out of the year.
Each year the CWSRF and DWSRF publish an Intended Use Plan (IUP), which explains how the SRF funding "cap grant" provided by the Federal government will be used to support the programs. Each IUP involves a public hearing and comment period, a priority list, and an explanation about how money will be used to meet funding requirements.
The Vermont Engineering Planning Advance Program is a financial program available to Vermont municipalities:
The Vermont-only Drinking Water Revolving Loan Fund was established to provide loans to a municipality for the design, land acquisition, if necessary, and construction of a potable water supply when a household in the municipality has been disconnected involuntarily from a public water supply system for reasons other than nonpayment of fee. The loan is to the municipality, not individual home owners. Standard loan term is 20 year/3%. The rate and term may be adjusted in accordance with program guidance documents.
The MISSION of the Drinking Water and Groundwater Protection Division is to protect human health and the environment for this and future generations by managing Vermont’s drinking water supplies; protecting the quality and quantity of Vermont’s groundwater resources; and regulating wastewater disposal activities that could adversely affect groundwater. The Division accomplishes this mission through its outreach, education, assistance and regulatory activities.