Chart of the month - Funding availability for capital projects over the next five to 10 years, as seen by water and wastewater utilities surveyed by Black & Veatch
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This month’s chart demonstrates the expectations of water and wastewater utilities regarding the funding available for capital projects over the next five to 10 years, as reported by Black & Veatch in its new report titled “2012 Strategic Directions in the U.S. Water Utility Industry.”
A vast majority of the respondents surveyed said funding will either not be enough or will just meet their capital requirements. A plurality of the respondents said funding will not be enough, while just over 25 percent said funding will be sufficient. Encouragingly, the same report showed that 31 percent of respondents are considering public-private partnerships to fund infrastructure capital expenditure. Perhaps more worryingly, 23 percent have neither adopted nor even considered using state revolving funds. With a range of options on the table, municipalities are going to have to think forward in terms of funding the projects needed to keep their systems in compliance with regulations, but when will these thoughts turn into actions?