ALBUQUERQUE BERNALILLO COUNTY
WATER UTILITY AUTHORITY
BILL NO. R-25-21
RESOLUTION
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Adopting the FY2027-2031 Infrastructure Capital Improvement Plan (ICIP)
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WHEREAS, the Albuquerque Bernalillo County Water Utility Authority (Water Authority) acknowledges that financing public capital projects remains a major concern both in New Mexico and nationally; and
WHEREAS, resource constraints necessitate exploring innovative financing mechanisms and optimizing the utilization of existing resources; and
WHEREAS, systematic capital improvement planning serves as a crucial tool for communities to define their development needs, establish priorities, and pursue concrete actions to achieve necessary project development; and
WHEREAS, this process supports local and regional efforts in project identification and selection, integrating short and long-range capital planning initiatives; and
WHEREAS, projects aligning with the Water Authority’s State and Federal priorities have been identified for submission.
BE IT RESOLVED BY THE WATER AUTHORITY:
Section1. The Water Authority hereby adopts the FY 2027-2031 Infrastructure Capital Improvement Plan, and
Section 2. The submitted Capital Improvement Plan is intended to be a dynamic and evolving document, serving as a foundation for rational, long-term capital planning and budgeting to enhance New Mexico’s infrastructure.