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Trends in Water Privatization

Trends in Water Privatization

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The Post-Recession Economy and the Fight for Public Water in the United States
The Post-Recession Economy and the Fight for Public Water in the United States

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Published by: Food and Water Watch on Nov 29, 2010
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08/30/2013

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 The Post-Recession Economy and the Fight for Public Water in the United States
 Trends in Water Privatization
 
 About Food & Water Watch
Food & Water Watch works to ensure the food, water and sh we consume is safe, accessible and sustainable. So we can allenjoy and trust in what we eat and drink, we help people take charge of where their food comes from, keep clean, affordable,public tap water owing freely to our homes, protect the environmental quality of oceans, force government to do its jobprotecting citizens, and educate about the importance of keeping shared resources under public control.
Food & Water Watch
1616 P St. NW, Suite 300Washington, DC 20036tel: (202) 683-2500fax: (202) 683-2501info@fwwatch.orgwww.foodandwaterwatch.orgCopyright © November 2010 by Food & Water Watch. All rights reserved. This report can be viewed or downloaded atwww.foodandwaterwatch.org.
California Ofce
25 Stillman Street, Suite 200San Francisco, CA 94107tel: (415) 293-9900fax: (415) 904-8394info-ca@fwwatch.org
 
Executive Summary................................................................................................................................................ivIntroduction...........................................................................................................................................................1Trends in Water Privatization..................................................................................................................................2
Trend 1: More Local Governments Explored Selling or Leasing Water Systems
.............................................2Not-for-Prot but Not Public: Selling Water Systems to Nonprot Utilities......................................2
Trend 2: Prospective Sales and Concessions, If Actualized, Would Affect an Unprecedented Number of People
......................................................................................................................................3
Trend 3: Budget Shortfalls Drove the Surge in Prospective Water System Sales and Concessions
.................3
Trend 4: Sales and Concessions of Water Systems Are Concetrated in the Rust Belt 
....................................4
Trend 5: Possible Sales and Concessions Face Strong Public Opposition
.....................................................5The Consequences of Sales and Concessions..........................................................................................................6
 An Irresponsible Fiscal Approach
...............................................................................................................6
Sticking Consumers with an Expensive Loan
...............................................................................................6
High Rates
..................................................................................................................................................6
 
Water Rates Are a Growing Problem in Coatesville, Pennsylvania
................................................................7
Loss of Local Control 
...................................................................................................................................8
 
In Focus: A Series of Failed Privatization Plans in San Jose
...........................................................................9Another Nationwide Phenomenon: Saving Money with Public Operation............................................................10Conclusions.........................................................................................................................................................11Appendix A: Completed Sales and Concessions of Municipal Water Systems........................................................12Appendix B: Prospective Sales and Concessions of Municipal Water Systems.......................................................16Appendix C: Analysis: The Interest Rate on a Loan from a Typical Investor-Owned Water Utility...........................18Appendix D: Additional Information About the Water Rate Survey.......................................................................19Endnotes..............................................................................................................................................................20
 The Post-Recession Economy and the Fight for Public Water in the United States
 Trends in Water Privatization

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