Columbia, Missouri, faces $90 million price tag to replace wastewater system
June 13, 2007
In a story being repeated across America, the city of Columbia, Missouri, is realizing
it has to spend millions of dollars to replace its wastewater treatment plant. The plant is now 25 years old, which is about the expected service life of most mechanical wastewater treatment plants. In many cases, cities are finding replacing those systems will cost a lot of money that they don't have -- so they're either going to have to raise taxes or fees significantly or take out lots of debt. In many cases, financial crisis could have been averted through a slow but patient increase in rates to build up a war chest for future replacement.
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last revised June 2007