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I have been reading all of the information from blogs to the Tribune and everything I can find about the sewer rate increases and all of the "Alternative" plans. Instead of trying to weigh the pros and cons of each, I have decided to come up with one myself.
- Take out the loan offered by SRL for the 7.4 million dollars.
- Slash the annual budget by 1 million.
- Collect all outstanding sewer bills, no exceptions.
- Remove the 5-2 ratio and have individuals and developers pay the same rate.
- Do not lower the rate per unit on high volume customers.
- Remove the minimum of $10.08 and charge everyone according to usage.
- Use TIF funds when ever possible to pay for equipment.
- Charge impact fees and collect all other fees from developers where applicable.
- After all of these steps have been taken, raise the sewer rate to cover the costs.
I did not list a particular rate increase percentage because I don't know if it would be 10%, 20% or whatever. I tried to find the most reasonable aspects from each plan and combine them into one. Now, before you start the barrage of comments, I admit that I am not a CPA, and really do not know much about all of this but this is what I came up with.
I yield the floor to my learned friends.
