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Welcome to the
Financial Management Program


The Financial Management Program administers the engineering planning advance, engineering grant, and revolving loan programs. It also writes grant and loan awards for pollution control and water supply treatment and distribution and wastewater treatment and collections systems, and solid waste projects, and performs audit functions for the above projects.

Growth Center and Growth Management Guidance -

The Growth Center and Growth Management Guidance Document provides guidance for municipalities, consultants, Agency of Natural Resources’ staff and others interpreting the Municipal Pollution Control Priority System RuleThe rule establishes criteria for Agency funding of wastewater treatment facilities. The Guidance Document includes an explanation (types and characteristics) of  “growth centers” for the purpose of the rule amendment and state regulatory proceedings associated with any infrastructure improvements. The Guidance Document also identifies and evaluates the effectiveness of local planning and regulatory tools that are available to municipalities to manage growth associated with sewer line extensions outside of growth centers. 

Guidance Document Update - Engineering Fee Allowances -

An engineering fee allowance applicable to water supply and wastewater projects funded by DEC grant and loan programs was originally established in 1987 and was amended periodically to adjust for inflation.  The revision below addresses concerns about the appropriateness of the previous allowance to address engineering cost for very small projects and very large projects, and is based on more recent data from Vermont and Connecticut.

FED Engineering Fee Allowances - Guidance Documents Update Effective September 1, 2011


Drinking Water State Revolving Loan Fund

TheDrinking Water State Revolving Fund (DWSRF) program provides low cost loan financing to municipal and privately owned public water systems for capital improvements that improve public health protection and facilitate compliance with the Safe Drinking Water Act.

Vermont Drinking Water SRF FFY2014 Adopted Intended Use Plan


Municipal Pollution Control Priority Lists and Clean Water Intended Use Plans -

ADOPTED State FY2015 Municipal Pollution Control PRIORITY LIST and Federal FY2014 Clean Water Intended Use Plan

The adopted Municipal Pollution Control Projects Priority List for State FY 2015 and Clean Water Intended Use Plan for Federal FY 2014 includes a listing of construction projects which may apply for and receive State Clean Water Revolving Loan Funds (CWSRF) in State fiscal year 2015.

Changes made this year to the CWSRF program in the last two years include:

This Year

  • Subsidy may be provided on planning loans based on Median Household Income (MHI), economic viability of a project; or as needed, construction loans considering MHI.
  • Congress amended the federal laws enabling the CWSRF this year including expanding eligibility and placing new requirements. We expect additional implementation guidance from EPA soon on the implementation which will begin 10/1/2014 and the years following.  Additional details will follow once guidance is received from EPA.

 Last Year

    • Short-Lived Asset Reserve table must be included for short-lived assets not being replaced by the proposed project. Waiver process available for small projects such as pump stations.

Short-Lived Asset Reserve – A table of short lived assets should be included for the system (See Appendix A for examples). The table should include the asset, the expected year of replacement, and the anticipated cost of each. Prepare a recommended annual reserve deposit to fund replacement of short-lived assets, such as pumps, paint, and small equipment. Short-lived assets include those items not covered under O&M, however, this does not include facilities such as a water tank or treatment facility replacement that are usually funded with long-term capital financing.

  • Final Design - Need to update Short-Lived Asset Reserve table for short lived assets funded by the project and update the annual reserve deposit.
  • Annual Payment to Reserve Fund – Need to make annual deposit to reserve fund. Amount of deposit needs to be at least the amount determined from the Short-Lived Asset Reserve table.
  • Verification of Deposits into Annual Reserve Accounts – Projects funded for Preliminary Engineering, Final Design and Construction must submit annual verification of deposits made into annual reserve accounts. Verification can be provided by submitting one of the following to Facilities Engineering Division:
    • Annual Reports showing deposits to reserve accounts
    • Annual Audit showing deposits to reserve accounts
    • Copy of Bank Statement of annual reserve accounts

Please let us know if you have questions,


Winslow Ladue

Financial Management Program Manager

Facilities Engineering Division

Department of Environmental Conservation


802 498-7374 Cell Phone only

Past Years - Pollution Control Priority Lists and Clean Water Intended Use Plans


RULE -  Agency of Natural Resources, Department of Environmental Conservation Environmental Protection Rules: Chapter 2

MUNICIPAL POLLUTION CONTROL PRIORITY SYSTEM  Adopted - August 30, 2002, Effective - September 30, 2002 


Clean Water State Revolving Fund (CWSRF) LOAN & State Grant APPLICATIONS -

State Pollution Grant Application