Historic Levels of Local Utility Spending and Revenues Reported for 2018
An analysis of recently released 2018 Census estimates of local government spending for municipal water and sewer utilities indicates an historic high annual investment of $130 billion. 2018 spending continued the decade-long slow growth at 3.6% compared to a long-term average annual growth of 4.4%. Revenues grew 6%, exceeding the long-term average of 5.5%. Cumulative