The Water Infrastructure Finance Commission was established by Act of the Legislature pursuant to Section 145 of Chapter 27 of the Acts of 2009. The Commission is charged with developing a comprehensive, long range water infrastructure finance plan for the commonwealth and its municipalities.
Massachusetts has over 20,000 miles of sewage and 21,000 miles of water piping, most of which was installed over 50 years ago. As time goes by and these pipes degrade, they can pose a public health risk and limit our ability to expand the economy and create jobs.
The condition of water infrastructure is a significant factor in the Commonwealth’s ability to attract companies and create new jobs. Many companies rely on clean, accessible water to run their businesses, and are looking to locate in places that have the water infrastructure to support their work.
The miles of water and sewer pipes under the streets of Massachusetts cities and towns are aging, and can eventually become corroded, clogged, or leak. These degradations can result in the loss of fresh drinking water, and even the leakage of untreated sewage.
The costs to repair these aging pipes is growing each year. In 2007 $1.543 billion dollars was requested for the maintenance of piping, and the state could only allocate $364 million.
Treatment plants for both water supplies and sewage are required by state and federal regulations to be periodically updated, often at a great cost to ratepayers in a community. These upgrades are essential to ensure that we are providing clean drinking water, and also that we are safeguarding our groundwater, our rivers, lakes, and streams.
The EPA estimates that $6.79 billion dollars will have to be spent over the 2007-2027 period to pay for the maintenance of the Massachusetts Water Infrastructure. The Water Infrastructure Commission is studying ways to assist towns in reducing their debt, developing new sources of revenue, enhancing existing sources of revenue and establishing new incentives for public-private partnerships.
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RT @Barry_Finegold: Congrats to @ThereseMurrayMA and @SenDickMoore and their staffs for their incredible work on health care cost contai ... #