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Speedway outlines infrastructure upgrades, wastewater costs and financial pressures for 2025
Summary
Town Council President Nick Sturgeon, Clerk-Treasurer Philip Faust and department heads reviewed 2024 accomplishments and said the town faces infrastructure investments — notably a required combined sewer overflow upgrade estimated at $15–$20 million — potential property tax reform at the state house and rising insurance and utility costs.
Town of Speedway officials used the state-of-the-town address to summarize 2024 operations and preview 2025 work, highlighting infrastructure projects under way, public-safety upgrades, a lead-service-line investigation grant and a combined sewer overflow (CSO) upgrade the clerk-treasurer said could cost $15 million to $20 million.
Why it matters: The CSO upgrade, wastewater and water system projects, and potential state-level property tax reforms could change utility rates, service levels and municipal budgets for residents and businesses.
Council President Nick Sturgeon said the town selected RQAW for CSO expansion planning at the wastewater plant and secured a $100,000 grant for lead…
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