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Lewisville consultants present $135 million baseline and urge predictive approach to infrastructure funding
Summary
Consultants told the Lewisville City Council an updated infrastructure funding study puts the city t a $135 million annual replacement baseline and recommends shifting from reactive repairs to predictive asset management, flagging near-term large projects that could push utility rates higher.
Consultants told the Lewisville City Council on Monday that an updated infrastructure funding study sets a $135,000,000 baseline for annual capital replacement funding and urged the city to move from reactive maintenance toward predictive asset management to smooth future costs.
Chris Eckert, a consultant presenting the study, said the work builds on a 2023 analysis and uses improved GIS data, condition indices and industry-standard indices to estimate costs over short-term (10-year) and long-term (30-year) horizons. "We're really here to talk today about how we've enhanced the work that started in 2023," Eckert said.
The study shows a shaded projection of annual spending with short-term and long-term average bands; Eckert said the city is currently near the…
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