Local Government Makes Record-High Investments in Public Water & Sewer Infrastructure
WASHINGTON, Nov. 26, 2019 /PRNewswire/ -- Local government invested a record $125.5 billion in municipal water and sewer systems in 2017 according to the latest estimates released by the U.S. Census. The data demonstrates that local governments are making significant investments to upgrade and operate their water and sewer systems, provide basic service and achieve national clean and safe water goals. Local government relies on customer fees to generate the revenues needed to accomplish these goals, and the federal government has retreated from providing financial assistance.
While 2017 saw record-level investment in water and sewer infrastructure and services, gaps remain in the funding needed for increased investment to rehabilitate an aging infrastructure and manage expanding federal and state mandates.
"Local governments are responsible for 95% to 98% of total water and sewer utility infrastructure spending each year," said Tom Cochran, CEO and Executive Director of the U.S. Conference of Mayors. "The data shows that cities are doing their part, and now it's time for the Congress and the Administration to do theirs through policies that increase federal financial assistance and regulatory flexibility. Mayors stand ready to work with Congress and the Administration to meet the challenges our country faces due to crumbling water and wastewater infrastructure."