{"id":1699,"date":"2024-10-11T09:27:00","date_gmt":"2024-10-11T09:27:00","guid":{"rendered":"https:\/\/friscotimes.org\/?p=1699"},"modified":"2024-10-11T09:27:00","modified_gmt":"2024-10-11T09:27:00","slug":"ntmwd_820m_budget_funds_regional_infrastructure_needs-html","status":"publish","type":"post","link":"https:\/\/friscotimes.org\/?p=1699","title":{"rendered":"NTMWD $820M budget funds regional infrastructure needs"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\nThe over $820 million 2024-25 fiscal year budget for the <a href=\"https:\/\/www.ntmwd.com\/\" target=\"_blank\" rel=\"noopener\">North Texas Municipal Water District<\/a> is expected to address infrastructure needs across North Texas, according to a <a href=\"https:\/\/www.ntmwd.com\/CivicAlerts.aspx?AID=92\" target=\"_blank\" rel=\"noopener\">news release<\/a>.<\/p>\n<p>The district\u2019s <a href=\"https:\/\/www.ntmwd.com\/334\/Board-of-Directors\" target=\"_blank\" rel=\"noopener\">board of directors<\/a> adopted the nearly $820.3 million <a href=\"https:\/\/www.ntmwd.com\/DocumentCenter\/View\/2785\/2024-to-2025-Annual-Budget-PDF?bidId=\" target=\"_blank\" rel=\"noopener\">budget<\/a>, a 10.3% increase compared to the $743.4 million budget for 2023-24, at its <a href=\"https:\/\/www.ntmwd.com\/AgendaCenter\/ViewFile\/Agenda\/_09262024-315\" target=\"_blank\" rel=\"noopener\">Sept. 26 meeting<\/a>.<\/p>\n<p>Revenues for the NTMWD budget, which total around $819.5 million, come from the wholesale water, sewer and solid waste rates charged to both member and customer cities.<\/p>\n<div class=\"flourish-embed flourish-chart\" data-src=\"https:\/\/frisco.bubblelife.com\/v\/3555894\/WZ635\/visualisation\/19771154\"><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/19771154\/thumbnail\" width=\"100%\" alt=\"chart visualization\"\/><\/div>\n<p><strong>Two-minute impact<\/strong><\/p>\n<p>As part of the 2024-25 budget, NTMWD will allocate $447 million for regional wastewater infrastructure and smaller sewer systems, according to district <a href=\"https:\/\/www.ntmwd.com\/DocumentCenter\/View\/2785\/2024-to-2025-Annual-Budget-PDF?bidId=\" target=\"_blank\" rel=\"noopener\">documents<\/a>. Of the $447 million, $100 million is earmarked for increasing the maximum wastewater system capacity during wet weather events.<\/p>\n<p>\u201cEnsuring our wastewater systems can handle increasing flows protects public health and the environment and helps prevent sanitary sewer overflows,\u201d Jenna Covington, executive director and general manager of NTMWD, said in the news release.<\/p>\n<p>Additionally, the 2024-25 budget includes $390 million for maintaining a safe, reliable drinking water supply, per the news release. That allocation includes provisions to help launch expansions at the district\u2019s Leonard and Wylie water treatment plants.<\/p>\n<div class=\"flourish-embed flourish-chart\" data-src=\"https:\/\/frisco.bubblelife.com\/v\/3555894\/WZ635\/visualisation\/19771216\"><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/19771216\/thumbnail\" width=\"100%\" alt=\"chart visualization\"\/><\/div>\n<p><strong>Why it matters<\/strong><\/p>\n<p>NTMWD Director of Planning RJ Muraski said the investments are necessary because of continued population growth, which is estimated to be over 55,000 per year.<\/p>\n<p>\u201cUnlike transportation, we have to have our facilities built ahead of time to be able to provide those vital services of water, wastewater and solid waste,\u201d Muraski said.<\/p>\n<p>District officials are also dedicating time and effort toward 25 water management strategies, such as new water intake solutions and aquifer storage and recovery, to ensure there are adequate water supplies in the future.<\/p>\n<p>\u201cWe always have to have those identified so we can understand where we need to put our priorities,\u201d Muraski said. \u201cIt is a big challenge, because nobody brings water [with them], and most of the water that&#8217;s available is a long way away.\u201d<\/p>\n<p><strong>One more thing<\/strong><\/p>\n<p>NTMWD plans to invest around $1.1 billion into its ongoing capital improvement program, according to the release. Per district documents, it is the second consecutive fiscal year that officials predict over $1 billion in capital improvement expenditures.<\/p>\n<p>Jeanne Chipperfield, assistant general manager and chief financial officer, added that the program will largely be supported through the issuance of bonds, although some financing does come from the district\u2019s capital reserves.<\/p>\n<p>\u201cWe&#8217;re looking for every way to be great stewards of the funds,\u201d Muraski said, referencing how the district has balanced system needs with increasing construction costs.\n<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The over $820 million 2024-25 fiscal year budget for the North Texas Municipal Water District is expected to address infrastructure needs across North Texas, according to a news release. The&hellip;<\/p>\n","protected":false},"author":282,"featured_media":1700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[4],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NTMWD $820M budget funds regional infrastructure needs - Frisco Times<\/title>\n<meta name=\"description\" content=\"The 2024-25 budget is a 10.3% increase compared to the adopted 2023-24 budget, according to a district news release.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/friscotimes.org\/?p=1699\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NTMWD $820M budget funds regional infrastructure needs - 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