A new report by Black & Veatch found that most key issues affecting the water industry in 2016 are linked to funding and cost concerns. The distinct but related challenges of aging water and wastewater infrastructure, managing capital costs, and justifying capital improvements all featured in the top five issues cited in the report. Only 28% of water utility managers surveyed for the report indicated that existing revenues are sufficient to cover maintenance, debt servicing, capital investments and reserve costs, compared to 36% in 2015.
The 358 survey respondents represent utility, municipal, commercial, and community stakeholders primarily based in the United States. The findings are likely to be relevant to the Canadian context also given commonalities such as age and condition of infrastructure, water service governance frameworks, and funding strategies. The full report from Black & Veatch is available online.