Taxpayers Group: Competition key to reducing water/sewer rates
The National Taxpayers Union has just released a brand-new report calling on greater competition and innovation in the municipal water system as a way to reduce rates.
"When taxpayers hear the word “infrastructure,” they are more likely to think of things such as roads and airports rather than water pipes and sewers. Yet, these buried assets are as important to our everyday lives and the economy as the transportation networks we see right before our eyes.
Drinking water and wastewater infrastructure have huge implications for fiscal policy. As this Policy Paper points out, the costs to replace existing capacity and keep up with additional development growth could reach into trillions of dollars over the next several decades. This liability could rival the threat that state and local government employee pension burdens pose to taxpayers. "
Read the study here.