While the rest of us have ‘enjoyed’ stagnant wage increases, the city still needs it’s monies
These and other rate increases are being made to pay for upgrades to city services – such as expansion of the water treatment plant – or to build reserve funds, city officials say.
The utility rate increases, for instance, will generate more than $5.2 million in additional revenue in 2011.
Three reasons why these rate increase SHOULD NOT have been approved;
1) Rate of inflation over the past few years has virtually been nil. A 14% increase seems a bit ridiculous.
2) A rate increase to ‘build a savings account’ during the worst recession since the great depression is unconscionable.
3) Other cuts to city government could have been made to supplement that $5.2 million revenue.
This vote just proves how out of touch our city government is with it’s citizens, but hey, we already knew that.