Finance Media

Financing a multi-billion dollar utility takes thoughtful financial planning and innovation.

 
In 1996,  DC Water underwent a governing overhaul that placed strategic leadership with a Board of Directors and financial independence from District of Columbia government. The Office of the Chief Financial Officer was created and DC Water took responsibility for developing budgets, rate setting, paying vendors, performing financial audits and accounting, and raising funds through the Capital Markets.  Since that time, DC Water has achieved 18 unqualified audit opinions and now boasts a AAA rating – the highest a utility can achieve-- by rating agency Standard and Poor’s.

 

As a prominent water and wastewater utility, we take great care to respect the environment, protect human health, ensure water quality, and promote social and economic development for the District of Columbia and surrounding jurisdictions.

Upcoming Meeting

Board of Directors Meeting

April 24, 2023

Monday 9:00 AM

Announcement

Map of area on K and 30th St where utility investigation will occur
TRAFFIC ADVISORY: 30th and K streets Northwest: Temporary Lane and Sidewalk Closures

Map: The blue arrows represent the pedestrian detour. Motorists follow the yellow arrows.

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