Deferred maintenance of public infrastructure assets is a huge and growing liability. We need to start formally addressing it, with transparency, setting priorities and funding. Some state and local governments are setting the pace and showing us how to do it. See some of their stories and examples here.
. . . more and more public finance officials (are) tak(ing) the lead in turning the staggering multi-trillion dollar estimates of deferred maintenance liabilities into data-driven asset management strategies.