Florida water utilities face state revolving fund cutbacks

By: Robert Slavin

Excerpt from the article:

(September 24, 2026) The federal Infrastructure Investment and Jobs Act has provided $43 billion for Clean Water and Drinking Water State Revolving Funds nationwide over the last several years. It ends with the new federal fiscal year starting Oct. 1. 

Many of the clean water and drinking projects were funded by state revolving fund loans supported by the federal act funding, said John Mousseau, chief investment officer and executive vice president at Cumberland Advisors. The federal government will provide sharply less aid for the SRF programs in the coming fiscal year. "Most states are now having to shift back to more of a baseline funding program. Clearly there will be constraints here."

The federal spending on SRFs is shifting to community grants, Mousseau said.

"Clearly this takes away some of the financial flexibility of the states in general and, because of the population increase, Florida particularly. More recently, Florida has targeted more of its revolving fund framework to disaster recovery and resiliency projects," he said.

Click here to read the full article on the Bond Buyer website. 

John R. Mousseau, CFA
Chief Investment Officer
Feedback | Bio

Sign up for our Market Commentaries

Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.

Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.