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Laredo utilities outline $60M-$70M CIP, seek grants and possible rate increases; $26M Corps agreement cited
Summary
Staff updated the committee on capital plans and funding: a large 2026 CIP for water and wastewater (figures cited around $60–70 million), five proposals to apply to the Texas Water Development Board initiative, a signed $26 million agreement with the U.S. Army Corps of Engineers to improve supply redundancy, and the possibility of 7–8% rate increases in 2027 to close funding gaps.
City utilities staff briefed the City of Laredo Utilities Advisory Committee on Jan. 15 about planned capital projects, external funding pursuits and the need for additional revenue to address aging infrastructure.
Dr. T described an expansive capital-improvement program (CIP) for water and wastewater, citing figures in the meeting between $60,000,000 and $70,000,000 for projects and saying the department plans…
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