New York’s water infrastructure needs estimated at $80B over 20 years – Times Union
ALBANY — Gov. Andrew Cuomo proposed $2 billion in his budget to be used over five years to upgrade and protect drinking water but some estimates for the total cost of water infrastructure needs in the coming decades are 40 times that amount. A joint legislative budget hearing on environmental conservation held Monday in Albany shed light on the state’s overall needs for the largely unseen infrastructure that keeps clean water running and wastewater treatment humming. […] state Comptroller Tom DiNapoli’s office estimated Monday that the state’s water systems may need roughly $40 billion for drinking water system repairs and improvements over 20 years. Senate Majority Leader John Flanagan, R-Long Island, suggested at an unrelated event Monday that the Legislature and governor should enter into a memorandum of understanding on how to spend this year’s proposed investment.
Source: New York’s water infrastructure needs estimated at $80B over 20 years – Times Union
Posted: February 14th, 2017 under General News.