Lola Oyeyemi

Vice President, Budget
Lola Oyeyemi is the Vice President, Budget for the District of Columbia Water and Sewer Authority (DC Water). Ms. Oyeyemi leads a top team of financial professionals in the development, implementation and direct oversight of a $686 million dollar annual operating budget, and a $6.4 billion-dollar ten-year capital improvement plan (CIP).
 
Before being tapped for this role, she served the Authority in several capacities as a Senior Consultant, Senior Financial Analyst and most recently as the Budget Manager. She has over 17 years of progressive and innovative experience in long range strategic planning, budgeting, financial planning & fiscal analysis, accounting, debt management, auditing and banking.
 
As Director, she is responsible for advising the CFO, CEO & General Manager, and Board of Directors on matters relating to budget, including the formulation and updating of budget policies and procedures to ensure compliance with industry best practices, statutory and governmental regulations.
 
Lola Oyeyemi holds a Bachelor’s degree in Accounting from the University of Ilorin, and is a Certified Chartered Global Management Accountant (CGMA) and a Certified Public Accountant (CPA). She is a member of the Government Finance Officers Association (GFOA).

 

 

Upcoming Meeting

Board of Directors Meeting

April 24, 2023

Monday 9:00 AM

Announcement

View of Mary at bottom of shaft inside tunnel shown from above
DC Water Launches Tunnel Boring Machine Mary, Marking Important Step for Potomac River Tunnel Project

First turn of cutterhead signals the start of excavation for the Potomac River Tunnel Project

In a defining moment for one of the District’s largest infrastructure investments, DC Water has marked its next major milestone in the Potomac River Tunnel Project. The first tunnel boring machine, Mary, has launched her northbound journey breaking through the soil to signal the start of excavation.

With the first turn of Mary’s drill-like cutterhead underground, the machine pushed forward to begin tunneling, representing the transition from years of planning and preparation to active tunnel construction on the $819 million project.

Latest Blog Post
A helicopter lowers a drill rig to workers on the Potomac River.
DC Water begins drilling in Potomac River to explore options to rehab underwater sewer line
When one of your major sewer lines runs through the Potomac River, a backhoe and trencher won't do. That's why we've got helicopters carrying a 14-ton drill and workers suspended midair over the Potomac.
Upcoming Meeting
Date
April 15, 2026
Wednesday, 9:30 AM

Customer Service Center Announcement

Payment Plan Incentive: provides a credit back of 50% of the last 3 payments made. Eligible participants are residential customers who have had an outstanding balance for 60 days or greater and with an outstanding balance of $500 or more.