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Report: Aging Water Systems Need New Funding, Better Pricing
American City & County
Jan. 30, 2012
New financing methods and flexible pricing are key to revamping the nation’s outdated water systems, according to a new report. The report, “Financing Sustainable Water Infrastructure,” says water management officials must rely less on state and federal funding and more on “market-based financing mechanisms that can support local, customer-supported solutions,” according to a news release.
The report also faults “myopic, inflexible water-pricing systems that fail to distinguish between various water uses and generally undervalue water.” The report was issued by Racine, Wis.-based The Johnson Foundation, in collaboration with the Washington-based American Rivers and Boston-based Ceres organizations.
