The Trump Administration released its FY 2027 President’s Budget on Friday, outlining proposed funding levels across federal agencies.
At a high level, the proposal includes significant reductions to major financing programs, particularly the State Revolving Funds (SRFs) and WIFIA, while most other water programs are proposed at more modest reductions or flat funding levels.
We have summarized the key takeaways and program-level details in a short memo.
We’ll continue tracking additional materials and congressional response as this evolves. Please don’t hesitate to reach out with any questions or if it would be helpful to discuss implications in more detail.
