#176: Funding To Fight Lead: How Denver Did It

When Denver Water decided to replace 64,000 to 84,000 lead service lines over 15 years, the question arose of how to pay for the work. The utility ultimately decided to use public funds for the work on private property. 

The decision came after much research into the financial approach and clarification that it was permissible from the Government Accounting Standards Board, as discussed in this episode with Angela Bricmont, Chief Financial Officer of Denver Water, and Ed Harrington, former President of the Government Finance Officers Association. 

Angela and Ed also talk about building comfort with this method of funding lead service line replacement and the significant interest in the approach from other water utilities.