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This book addresses ways to provide the highest quality water services at the lowest possible cost, and examines the major finance issues that system managers face. It deals with grants, loans, municipal bonds, tariffs/rates and subsidies, as well as the major government finance programs offered by the Department of Agriculture and the EPA. It also provides managers with the tools to devise innovative financial strategies to make their systems much more efficient. This fully revised edition presents an easy-to-read guide for understanding the myriad options available for financing water and wastewater projects and how to evaluate the most appropriate options.