Indianapolis-Marion County is expected to increase its sewer bills by 50% over the next five years as it gears up to begin a $750 million overhaul. The project, which begins next year and runs through 2013, is part of a $3.5 billion wastewater project that will go through 2025.

The municipality has an aging combined sewer and water system that must be updated to meet federal Environmental Protection Agency standards. The city in 2006 signed an agreement with the EPA to spend $1.8 billion on reducing system overflows alone.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.