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COST OF DEFERRING CIP <br />• <br />American Society of Civil Engineers Reports <br />“Failure to Act” series examines economic impacts if capital <br />• <br />investment is delayed <br />Road closures, sinkholes <br />• <br />Loss of jobs, health & safety issues <br />• <br />Costs are in addition to asset replacement and regulatory <br />• <br />fines <br />• <br />Mandated projects via consent decrees <br />Annual Water Impacts <br />Annual Sewer Impacts <br />HouseholdsBusinessesLocal EconomyHouseholdsBusinessesLocal Economy <br />$366K $917K$4.46M $129K $324K$1.58M <br />toToTotoToTo <br />$1.31M$3.29M$16.00M$1.08M$2.70M$13.12M <br />18 <br /> <br />