[Goldwingnut]

Originally Posted by JoMar

Someone can do the math but since the 2.5% increase is based on the previous rate (not today's rate) that could be closer to a 30% - 33% rate increase at the end of the 10 years (based on today's rate) or am I wrong? Also, nothing in there that the increase can't be changed but that should be expected.

Actually & mathematically it's just a fraction over 28% increase over the next 10 years, if you believe that there will be no other increases or issues to affect the costs & pricing.

There is little to be accomplished as the bureaucrats running things only will put out enough information or provide answers to sell their ideas/goals/policies and not enough for the elected officials to make an informed decision. With the exception of Rick-CDD10-TwoPlaneKid, none of the rest of the elected supervisors on the NSCUDD board do little more than nod their heads and rubber-stamp what's put in front of them.

This is exactly how Sumter County got to the position it was in to get a 25% tax increase. Thinking this utility will be any different in a few years if the current conditions continue is foolish thinking.

Was buying CSU the right decision, yes definitely, was the process transparent and forthright, hardly so, was the price good, just, and fair, we will never truly know. The valuations performed by both companies representing the seller and the buyer were extremely thin on content but not on pricing, and yet the bureaucrats and supervisors were able to not only decide but justify to themselves the borrowing of nearly $100 Million with them to purchase CSU.

Keep up the hard work TwoPlaneKid, you're swimming against the current but given enough rocks in the water the course of the stream can be changes.