Cities are shaking the infrastructure tree to find new funding

Facing growing challenges and static budgets, US cities are increasingly looking for ways to get more from their existing assets to save money and create new revenue which can be ploughed back into public services.

The topic came to the fore during a Cities Today virtual roundtable, with several digitalisation leaders inspired by recent moves in the market.

For example, the North Texas Innovation Alliance (NTXIA), a regional consortium of municipalities, agencies, companies and academic institutions, recently issued a call for solutions to monetise data and assets such as land, buildings, lighting and roads.

The call noted that: “New solutions and business models are emerging that g...