Re:Why American cities can’t keep up with infrastructure mai...
by bobthepanda on Sunday October 04, 2020 @04:34PM
(#24682078)
Infrastructure maintenance isn't the only way infrastructure is costed. Generally speaking infrastructure replacement is capex and not included in these budgets, and certainly infrastructure asset depreciation is not accounted for.
In the 2020-23 capital plan, $978M is budgeted for sewers and stormwater, $100M for roads, $30M for traffic and $31M for general infrastructure. This will mostly be funded by debt. https://www.nassaucountyny.gov/DocumentCenter/View/27186/202...
In your link, on page 2, $180M is spent on transportation and $397M on debt service.
Re:Why American cities can’t keep up with infrastructure mai...
by xyzzyz on Sunday October 04, 2020 @04:42PM
(#24682121)
Okay, that's still less than 15% of their budget. This is not going to kill their finances like Strong Towns says it will.
Re:Why American cities can’t keep up with infrastructure mai...
by bobthepanda on Sunday October 04, 2020 @11:13PM
(#24684236)
There have been crises over budget swings of a smaller amount. Nassau is a high-tax jurisdiction in a high-tax state, I'm sure residents aren't thrilled to be paying very high property tax. Nassau has a declining population without considering foreign immigration.
https://www.nassaucountyny.gov/DocumentCenter/View/28135/fin...
> GENERAL EXPENSES
> General Expenses include a wide range of products and services required by departments to support service delivery. They include office, maintenance, medical, postage, recreational, automotive supplies, and gasoline. This category also captures the expense associated with road maintenance projects, sewage, and drainage supplies.
And how much is their general expenses fund? $38M. That's just above 1% of their $3.5B budget. Clearly, infrastructure maintenance is killing them.