A new analysis from global water market data firm Bluefield Research said U.S. federal water infrastructure funding is set to plummet roughly 63% between fiscal year 2026 and fiscal year 2027, dropping from $23.4 billion to an estimated $8.6 billion.
But Bluefield said there’s more to the story behind the anticipated decline.
The report, titled The U.S. Federal Funding Cliff: Sizing the Decline and Mapping the Exposures for States and Utilities, draws on Bluefield’s project-level analysis of 53,000 projects totaling $136 billion across four federal water funding programs: the State Revolving Fund (SRF), the Water Infrastructure Finance and Innovation Act (WIFIA), the American Rescue Plan Act (ARPA), and the Infrastructure Investment and Jobs Act (IIJA).
Water Finance & Management
by WFM Staff
September 8, 2026