Looking at Rates and Perceptions
by GalionLive • January 27, 2012 • News & Views • 2 Comments
The second part of Thursday’s City Council Finance Committee meeting started with a simple question, and ended with a set of motions fixing the next step in the City’s consideration of electric rate increases. In the middle was a good amount of dialogue, including a few rather stark differences of opinion.
The initial question was raised by one of those gathered to listen to the Finance Committee meeting:
In the 2011 Revenue Requirements (the amount needed to be obtained to operate the electrical utility) shared by Sawvel and Associates, some $296,668 was added to total expenditures with a caption of “Uncollected Billing Revenue and Other.” If this is correct, the questioner posed, why should paying electric customers be paying for those who do not pay their bill, and does this … Read the rest
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