During a recent meeting of the Wastewater Study Committee in Southborough, Massachusetts, members explored innovative financing options for the town's wastewater management system. The discussion highlighted the potential for private financing, a concept that is not commonly utilized in New England but has seen success in other regions.

Committee members considered the possibility of engaging private companies to manage and finance the wastewater system, similar to how utility companies operate. This approach could alleviate some financial burdens on the town, especially as it faces significant expenses related to school construction. The idea is to explore partnerships with firms like Veolia, which already operates the Westborough plant and has experience in managing such projects.

Kathy Cook, a committee member, emphasized the role of private equity firms in financing infrastructure projects. She noted that some of these firms have dedicated groups that invest in similar initiatives, potentially providing a source of funding without straining the town's budget.

The committee acknowledged the complexities involved, including the need for easements and property considerations, but expressed optimism about the benefits of exploring private options. This could lead to more sustainable and cost-effective solutions for Southborough's wastewater management, ultimately benefiting residents by ensuring reliable services without excessive rate increases.

As the committee continues its discussions, the focus remains on finding viable solutions that align with the town's financial capabilities and infrastructure needs. The exploration of private financing represents a significant step towards modernizing Southborough's approach to wastewater management, with the potential for long-term positive impacts on the community.