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Governing for Results 13 - Washington State Digital Archives

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Office of Trade and Economic Development<br />

Infrastructure Financing Manual<br />

• Most infrastructure programs use competitive processes to select projects.<br />

• Small communities send applications to every possible funder.<br />

• This "shotgun" approach can increase local project costs, overload local debt<br />

capacity, and produce less than optimal infrastructure systems.<br />

Ef<strong>for</strong>ts to coordinate state and federal agency responses to economic crises<br />

have taught the value of working with resource partners to evaluate projects and<br />

investment decisions from a comprehensive, systems perspective. This project<br />

sought to create a systems approach to infrastructure financing <strong>for</strong> small<br />

communities by using a team to develop a detailed infrastructure financing<br />

manual and workshop curriculum.<br />

<strong>Results</strong><br />

★ The Community Economic Assistance Center (CEAC) sponsored<br />

"Infrastructure Financing Manual" produced in cooperation with Rural<br />

Community Assistance Corporation debuted at the annual Infrastructure<br />

Assistance Coordinating Council conference in a daylong training session.<br />

Over 80 conference participants attended the session.<br />

★ Since that session, over 500 copies of the manual have been distributed to<br />

municipal and county governments and special districts. In addition to<br />

distributing hard copies, CEAC makes the manual available via the Internet<br />

as a downloadable PDF file.<br />

★ The Rural Community Assistance Corporation is currently circulating a draft<br />

companion manual called "An Introductory Guide to Developing Water and<br />

Wastewater Projects in Small Communities" <strong>for</strong> comment. This manual will<br />

also be posted on the CEAC Web page in a downloadable PDF file when it is<br />

finalized.<br />

★ Together, these manuals and the workshop curriculum provide elected<br />

officials and other responsible local government managers with a good basic<br />

foundation <strong>for</strong> making wise infrastructure investment decisions <strong>for</strong> their<br />

communities.<br />

Team Name: Infrastructure Financing Manual Team<br />

Team Members: All state and federal agencies involved in financing<br />

infrastructure were involved in the development and testing of this publication.<br />

CONTACT: Linda Alongi, (360) 725-4031<br />

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