By Maurice Carter, Sustainable Newton Marketing & Communications Director
The financial model the City of Covington is operating under creates a $8.4M/year shortfall against the long-term maintenance and replacement costs for the city's infrastructure (roads, water and sewer lines, and electric and natural gas lines). And that deficit will grow by that much every year it goes unfunded. Put into practical terms, the city can ultimately only afford 46% of its existing 104 miles of roads inside the city limits. That was the message delivered to elected officials, city staff, and citizens last week by Joe Minicozzi, principle of the consulting firm Urban3.
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