City of Statesville Implements Capital Improvement Plan Update

WR-Martin recently assisted the City of Statesville with updating their current Capital Improvement Plan to benefit the City’s water and wastewater systems and funding assumptions for proposed projects.

The update also included the development of a current 10-year financial analysis model for the City’s water and wastewater enterprise fund. Through this, WR-Martin outlined possible funding strategies for future water and sewer rates, developing a 5-year implementation plan that would address the revenue forecasts established within the financial analysis.