Description: A letter report issued by the General Accounting Office with an abstract that begins "The Environmental Protection Agency (EPA) estimates that $150 billion will be needed during the next 20 years to repair, replace, and upgrade the nation's 55,000 community water systems. Congress established the Drinking Water State Revolving Fund (DWSRF) program in 1996 to help communities finance the infrastructure projects needed to comply with federal drinking water regulations. EPA has developed a survey to collect data on the nature and cost of infrastructure improvements needed at local water systems. EPA has taken several steps to validate the data included in its $150 billion estimate, including visits to selected sites. However the agency has yet to calculate and report on the estimate's precision. GAO found that EPA is not taking full advantage of oversight tools to monitor states' implementation of the DWSRF. First, EPA is developing financial management and other measures to monitor state progress and support agency's review of state programs. Until these draft measures are finalized and applied consistently, their usefulness as an oversight tool will be limited. Second, the untimely and inconsistent preparation of program evaluation report reviews--one of EPA's primary oversight tools--has hampered the agency's ability to identify common or recurring problems. Third, gaps in the financial audit coverage and a limited review of the completed audits undermine EPA's ability to fully assess the financial conditions of the state's DWSRF programs."
Date: January 24, 2002
Creator: United States. General Accounting Office.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department