Quote:
Originally Posted by twoplanekid
When we purchase systems from a private entity, we present to the public a pledge that we will do better than the private entity that had operated that system. I would encourage District staff and Jacobs to look at ways to reduce cost so that NSCUDD can adjust our fees to a more reasonable level compared to fees charged for the same level of service by a private entity south of 44.
I believe that our large bond payments that amount to 57% of all expenditures have limited what we can accrue for reserves. These large bond payments are needed to cover what NSCUDD purchased from a private firm. Again I encourage all board members to keep in mind our pledge to the public that NSCUDD will operate more efficiently than a private entity. “
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As a resident who pays the monthly fees in question, I feel the need to applaud you for taking the effort to hold the board accountable to their pledge to it’s constituents. THANK YOU!
Simple logic tells me there are only two possible reasons NSCUDD is charging more for the same level of service than the private entity south of 44. First would be that the costs of providing the service are not in line, which should be reconciled and rectified by the Board if the costs are in fact out of line. The second reason would simply be that NSCUDD overpaid when purchasing systems from a private entity. We all know the “ Private Entity” in question as well as the fact that the process to determine “fair value” of assets sold is not necessarily “arms length“.