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City will improve its drinking water system

JEFFERSON CITY, MO, JUNE 14, 2024 – The Missouri Department of Natural Resources has awarded $2.8 million in financial assistance to the city of Princeton for upgrades to its drinking water distribution, storage and treatment systems. The project is expected to total nearly $3.6 million and is anticipated to be completed by October 2025.

Project funding consists of a $1.4 million Drinking Water State Revolving Fund grant, a $1.4 million loan and a $750,000 Community Development Block Grant from the Missouri Department of Economic Development. The funding provided by MoDNR is estimated to save the system’s customers more than $1.4 million in principal and approximately $677,000 in interest over the loan’s 30-year term.

“Successful communities make a successful state, and every community must have up-to-date drinking water treatment and distribution systems to remain strong and vibrant,” said Missouri Governor Mike Parson. “This funding helps communities like Princeton improve drinking water systems that serve our citizens every day.”

“An important part of our work is helping Missouri communities improve their aging water treatment systems,” said Dru Buntin, director of the Department of Natural Resources. “One way we do that is by offering financial assistance through programs like the Drinking Water State Revolving Fund. Through this and other available assistance programs, we can help protect public and environmental health and improve the quality of life for Missourians.”

The department’s Drinking Water State Revolving Fund finances improvements to water treatment plants, distribution systems and water storage and supply facilities, along with interconnection or consolidation projects. Communities that borrow from the fund benefit from the below-market interest rate and from assistance provided throughout their project by a project manager.

The department’s Financial Assistance Center is committed to working with communities to assist with water and wastewater infrastructure improvement projects. This project will be funded wholly or in part with monies received from the U. S. Environmental Protection Agency.

For more information about drinking water and wastewater funding opportunities, visit    

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