Davenport presented a pro forma showing strong recent revenue growth and reserves, but projected that 5'5.5% annual increases in water and sewer revenues beginning FY 2028 would be needed to sustain debt-service coverage and target unrestricted cash on hand.

Consultants said the town's proposed wastewater treatment plant is estimated at $12 million, with roughly $6.5 million in identified grants, a low-interest Clean Water Revolving Fund loan and construction slated to begin in spring 2027 with operations targeted for early 2029.