“ BMRA serves in an advocacy role with Town Council and staff on behalf of ratepayers to ensure and enhance our community’s quality of life.”
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Portfolio:
Infrastructure
The Town’s most valuable assets are roads, representing approximately 60% of our asset value, followed by water and wastewater systems. The Town’s landfill site is not included, because it could not be replaced within Town boundaries.
As reported in the 2022 financial statements, the original cost of the Town’s assets was $360 million. The net value after depreciation is $236 million. In today’s dollars, it would cost approximately $500 million to replace those assets.
The BMRA is tracking the various projects required to add to our infrastructre, replace aging items, and maintain existing ones
February 19, 2024
September 8, 2023