Realities of Infrastructure Financing

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by Terry J. McGuire, Dean; Witter Reynolds Inc, United States,

Document Type: Proceeding Paper

Part of: Water Resources Infrastructure: Needs, Economics, and Financing

Abstract: Federal financing of water supply and water treatment projects will continue to decrease as capital demands continue to increase for expansion of water supply, to replace aging systems, and to meet water quality standards. Tax-exempt municipal financing, through creative state and local government programs, will increasingly dominate capital financing of the nation's water resources projects. This abstract refers to the trends and issues impacting municipal infrastructure finance and how to plan for financing capital needs.

Subject Headings: Water quality | Water supply systems | Financing | Water treatment plants | Assets | Infrastructure |

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