MFSG's proposal spells out how exactly we got into this mess in the first place. Unfortunately, this proposal and the implementation should have been undertaken decades ago. Oddly, the proposal notes that the City could just ignore the problem (like they have been doing for so many years).
"While the capital investments have a pronounced impact on rates the projects are vitally important to ensure the continued operation of the water system. The City could keep rates low initially by not maintaining the system but would pay a significant price later as system failures spike due to a lack of system maintenance, which would then result in increased costs and ultimately the need for even higher rate increases. Proactively managing of the water system through maintenance and capital investments allows the City to keep rates stable over time."
~Managing through maintenance and capital investment.~That is a sentence that has been long missing from Fullerton. The City council has pushed tax bonds to provide low-income housing and park facilities while ignoring the streets, sewers, and water lines. And now Fullerton taxpayers must pay the high price of municipal mismanagement. Compounding our financial civic woes is that if the proposed rate hikes were approved, the City would have to borrow heavily through bonds to cover the actual costs of replacing the aging system.
Join me at City Hall this Tuesday at 6:30PM to tell the Fullerton City Council that higher taxes won't fix decades of mismanagement and waste.
Click HERE to view the proposal.