NYW FY2024 Consulting Engineer Report Cover
NYW FY2023 Annual Comprehensive Report Cover

    The FY 2023 Annual Comprehensive Financial Report for the New York City Water and Sewer System was issued on December 19, 2023.

    Read the report here.


Investing in NYW Bonds

NYW bonds pay for projects in the capital program of the City’s Water and Sewer System. This capital investment maintains the quality of New York City’s drinking water, which each day delivers more than 1 billion gallons of fresh, clean water from the City’s watersheds, some more than 125 miles from the City, to the taps of over nine million people. Bond proceeds provide the funding necessary to maintain the watersheds and treat the supply to ensure its high quality and its compliance with federal and state water quality standards. Proceeds are also used to maintain and improve the transmission, distribution capacity, and condition of the City’s water supply system. Investments in the system also ensure compliance with federal and state standards for treatment, fund upgrades to the City’s wastewater treatment facilities, and reduce pollution caused by combined sewer overflows, all which improve the quality of New York City’s surrounding waters.

Additionally, capital investments are made to maintain and improve the condition of the sewer system, prevent flooding by replacing failing sewers, and extend service to underserved areas of the City.

Impact of NYW Bonds

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