About

Learn about Oklahoma Water Resources Board Investor Relations, including Featured News, Projects, The Team, Our Funding Programs, and Our Mission Statement and Strategic Narrative.

Established in
1957
Bond Ratings
Aaa/AAA/AAA
Bonds Outstanding
$287.9 million

About Oklahoma Water Resources Board Investor Relations

The OWRB's mission is to protect and enhance the quality of life for Oklahomans by managing and improving the state’s water resources to ensure clean and reliable water supplies, a strong economy, and a safe and healthy environment.

Our primary duties and responsibilities include water use appropriation and permitting, water quality monitoring and standards, financial assistance for water/wastewater systems, dam safety, floodplain management, water supply planning, technical studies and research, and water resource mapping.

Projects

Altus Municipal Authority

The Altus Municipal Authority (Authority) is located in Jackson County in the southwest corner of Oklahoma with a population of 19,784 (2010 US Census) and currently services 6,632 sewer customers. Altus’ Southeast Wastewater Treatment Facility (WWTF) is an extended aeration plant designed to treat an average daily flow of 3.5 million gallons per day (MGD). The facility has a new Discharge Permit to an unnamed tributary to Stinking Creek. This permit requires seasonal effluent disinfection that will be addressed by the proposed project. The treatment facility has been in violation of the chloride limits which ODEQ has agreed to revise the permit to remove the chloride and TDS limits. The Authority used the Clean Water State Revolving Fund (CWSRF) proceeds to repair and upgrade the WWTF, and install new Automated Meter Infrastructure (AMI) that reduces wastewater generation and air-pollutants deposition. Specifically, the Authority plans to install a new mechanical bar screen, replace existing pumps, modify the existing aeration basin influent distribution box, replace equipment in the existing clarifier and construct a new clarifier, a new auxiliary return activated sludge pump station, new ultraviolet effluent disinfection system, replace bypass pond pumps, replace existing plant control system, miscellaneous structures, piping, and electrical work, and other minor plant work. The AMI project will replace approximately 8,000 existing water meters and 12,000 existing electric meters. The project meets the criteria from the Oklahoma Conservation Commission, under its Nonpoint Source Management Plan, for the replacement of outdated electric metering infrastructure with automated infrastructure (AMIs). The use of AMIs should help the city residents realize reductions in energy usage, and reduces the need for energy exploration and development. In addition, more efficient energy usage relates to decreased carbon emissions, a leading cause of climate change

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Broken Arrow Municipal Authority

The Broken Arrow Municipal Authority (Authority) is located in Tulsa County is a thriving community located in Tulsa County and currently serves 34,650 sewer customers and 36,596 water customers. The city’s population is 98,850 according to the 2010 US Census. The City has been working since April of 2008 to transition their customers to drive-by AMRs for the water utility system. The new meters will provide leak detection alerts, thereby reducing unintended flows to the wastewater system. Additionally, the installation of the meters could lead to increased water supply reliability through providing the system officials with a better understanding of potential vulnerabilities, and will help the Authority meet Oklahoma's Water for 2060 goals The Authority will utilize the Oklahoma Clean Water State Revolving Fund (CWSRF) proceeds to acquire and install approximately 9,000 automated meter reading (AMR) water meters, as well as meter boxes, meter box lids, shut-off valves, and hand held meter reading devices. This project focuses on water conservation and efficiency by reducing water loss in Broken Arrow's system

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The Team

Julie Cunningham

Agency's Executive Director

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Joe Freeman

Chief, Financial Assistance Division

(405) 530-8800

fad@owrb.ok.gov

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Our Funding Programs

The OWRB Financial Assistance Division assists communities in their efforts to protect and conserve Oklahoma's water resources for current and future generations through cost-effective financial products, technical assistance and high quality customer service. To find more information, please visit here.

Loan Programs:

The CWSRF loan program is funded by EPA capitalization grants, state matching funds, and bonds. The CWSRF is administered by the OWRB. The interest rate is approximately 60% of AAA market rate with 40% savings through federal subsidy

The DWSRF loan program is funded by EPA capitalization grants, state matching funds, loan repayments, investment earnings, and bonds. The DWSRF is administered cooperatively by the OWRB and the Oklahoma Department of Environmental Quality (ODEQ). The interest rate is approximately 70% of AAA market rate with 30% savings through federal subsidy

The OWRB's long term, low interest revenue bond loan program offers a variable interest rate with a fixed rate conversion option. This low interest rate is based on the OWRB's AAA credit rating

Grant Programs:

The Emergency Grant Program is a point-based program designed to assist communities facing crises which threaten life, health, or property.

The REAP Grant Program is a point-based program designed to assist smaller communities that lack sufficient fiscal capacity. Cities, towns, and municipalities with a population less than 1,750 are given priority. Rural water and/or sewer districts with less than 525 non-pasture customers are also given priority.

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Our Mission Statement and Strategic Narrative