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0:06

Anna Brawley

12:14 - 12:21

“I'm glad we have yet another billion-dollar liability. We keep adding them up.”
Community
Alaska News
Location
Anchorage, AK, USA
Captured at

From the transcript

I'm glad we have yet another billion-dollar liability. We keep adding them up. Thanks. Sorry, not to make light of it. Light of this.

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Anchorage faces $1.3 billion stormwater infrastructure deficit

Anchorage has 400 miles of failing storm pipes creating a $1.3 billion repair deficit with no dedicated funding. • Current emergency bonds cannot keep pace with deterioration causing sinkholes and flooding. • Replacing 4,000 feet of pipe on one street costs $25 to $50 million. • City exploring dedicated stormwater utility for long-term funding.

Cover image for article: Anchorage faces $1.3 billion stormwater infrastructure deficit