Capital Improvements

INVESTING IN THE FUTURE OF HOOKSETT

“NH currently faces a need of approximately $2.9 billion over the next ten years for upgrades, repairs and replacement of the infrastructure we have built to manage, clean and deliver water, retain and store water, and manage storm water...the federal and state funding that built these systems is available now in only a small fraction of the historical amounts.  Failures of these systems will disrupt the state’s economy and damage its quality of life.”  - NH Water Sustainability Commission

It’s no secret that many old water systems in towns throughout the U.S. are in need of significant investments to stabilize and upgrade their infrastructure.  While it is currently a source of local pride and independence, the system here in the Village was founded in 1941 and is therefore also vulnerable to issues associated with aging assets.  The Water Commissioners are committed to proactively addressing this aging infrastructure, and to improving the system for both growth and sustainability.

The Precinct identifies infrastructure vulnerabilities and associated costs in annual updates to its 10-year Capital Improvement Plan (CIP).  The current CIP focuses on the most pressing and important infrastructure needs identified by the State as requiring immediate attention.  Those needs include tank replacement, new source development, emergency connection(s), meter upgrades, and water main and pump house improvements.  The Precinct frequently provides detailed overviews of CIP issues in public informational sessions and meetings. To schedule a session, please contact our office.

The first steps in addressing the critical CIP needs are being completed.  Finishing the job, however, will require a significant long-term financial commitment.  The Precinct has always prided itself on providing affordable service, and is committed to continuing to do so while also properly planning for a strong future relative to funding.  The Water Commissioners believe we can effectively complete the CIP tasks in the coming years through a creative combination of trust fund reserves, land leasing revenues, low-interest loans, rate/fee restructuring and modest annual rate/fee updates.

“Water is our most valuable natural asset, and if we manage it well, our water offers New Hampshire a competitive advantage. It supports and is vital to a healthy environment, individuals, communities and the state economy. In short, New Hampshire lives on water.”  - NH Water Sustainability Commission

HELPFUL LINKS:


HVWP 2019 CIP Summary
HVWP 2019 Budget Summary
AWWA’s “Buried No Longer:  Confronting America’s Water Infrastructure Challenge”
“Drinking Water Infrastructure in NH: A Capital Investment Needs Analysis”
NHPR’s The Exchange: “NH's Aging, Underfunded Infrastructure”
NH Water Sustainability Commission Report