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Boise staff warn of growing funding gap for water-renewal work as costs climb
Summary
Haley Faulkner told the council that rising materials, labor and regulatory costs have opened a funding gap between available capital and projected water renewal needs; staff will return in May with project-level priorities and funding scenarios, including the option of another bond.
Haley Faulkner, deputy director of Public Works for Water Renewal Services, told the Boise City Council that the cityRenewal utility collects and renews about 30,000,000 gallons of wastewater each day across two main facilities and a thousand miles of pipeline, and that many of those assets are decades old.
Faulkner summarized the 2020 utility plan and its financial strategy: the plan estimated roughly $750,000,000 in 10-year capital needs and the city secured a $570,000,000 bond authorization that passed in 2021 with roughly 81% voter approval. "We collect and renew 30,000,000 gallons of water every day," Faulkner said, and described the systemas having "a thousand miles of pipelines" and facilities "valued at approximately 4 and a half billion dollars." She said the plan committed…
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