El Paso Water's $1.2 Billion Infrastructure Plan Primarily Funded by Customers
El Paso Water's capital improvement projects totaling $1.2 billion will largely be financed by its customers, with $854 million still needed. Developers contributed $24.6 million for infrastructure, highlighting the reliance on ratepayers and bonds to cover costs.
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El Paso Water's projected $1.2 billion in water and wastewater capital improvement projects faces a funding gap of $854 million. Developers provided $24.6 million towards infrastructure costs across 199 subdivisions since 2009, but the majority will fall on customers through rate increases and bond issuance.
The City Council's recent decision to raise impact fees to 28% aims to account for inflation, despite opposition from builders who argue this will drive homebuyers outside city limits. Significant projects include a $173 million Pure Water Center and a $605.1 million wastewater treatment plant expansion. Without further adjustments, impact fees will not be revisited until 2028, potentially exacerbating concerns over housing affordability.
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