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Thursday, December 4, 2008

Back to real issues

Cobourg Council, on Monday recommended that water and sewage rates be escalated to reflect market costs. Has anybody asked if we are getting value for the assets we own? If the County Growth Study is to be believed we have far more capacity than we can use for the foreseeable future. We also have to pick up the slack for the loss of water sales to Kraft.
“If we don’t do it, we know we’re going to be hit with millions of dollars of infrastructure cost someday,” said Deputy Mayor Gil Brocanier. “I don’t want to be in that position or put another council in that position.” How does this statement square with the overcapacity problem.

Overcapacity, and having to pay for it, brings into question the dividend we receive from OUR utility and how we use it. It is now absolutely necessary to wrap that dividend into the bottom line to reduce the tax increase. It must not be used for any other purpose, least of all to be Council's playmoney.

Now is the time to aggressively market the water across the Town borders.

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