The Hill's Congress Blog had a recent post in which Gregory Baird, a former financial officer and CFO of large cities and utilities and who now consults utility financial staff on infrastructure asset management best practices in the U.S. and Canada, wrote:

...before we start throwing private-public funding at our [water] infrastructure problems via an Infrastructure Bank or some other federal funding vehicle we must get a firm grasp on the crux of our problems and the most cost-effective, sustainable ways to solve them.