Still a bargain at $2 more a month

By The World Editorial Board
Friday, July 03, 2009 | No comments posted.

Font Size: Shrink Font Enlarge Font | Submit your news
If you need evidence that consumers are spoiled, look no farther than your car's cup holder. Do you  see a bottle of water? Did you pay a dollar for it? More?

Compared with Dasani or Aquafina, municipal water is an amazing bargain. Pure, plentiful H20, piped cheaply to every home, is one of the public sector's great success stories.

The Coos Bay-North Bend Water Board is taking some prudent steps to maintain that success story in the Bay Area. The existing water plant meets current needs, but a thirsty August pushes the limit.  An upgrade is necessary.

The Water Board has an advantage over many local agencies. Unlike, say, public schools, the Water Board can finance a project without asking voters for a tax increase. It simply raises rates and channels the extra revenue into the project. No need for long-term debt.

(If that seems unfair, consider the consequences of failure. A crowded or rundown school is a shame. Insufficient or unsafe water is a menace.)

Water Board manager Rob Schab and his team deserve credit for finagling a nearly painless financing plan for their $10.5 million project. They already have set aside $1 million in reserves. They'll borrow the rest, to be repaid swiftly with the proceeds from increased fees.

Even painless public money needs respectful stewardship. Admirably, the fee increases won't disappear into routine expenses. Schab says the agency is holding its operating budget flat while pumping the new money into capital improvements.

The higher fees will cost an average household $2 a month. To cover that cost, look at your cup holder again. When that plastic bottle runs dry, just carry it into the house, place it under the tap, and taste the benefits of timely public investment.

Have you checked out The World Link Forums?

Comments

The comments below are from users of theworldlink.com and do not necessarily represent the views of The World or Lee Enterprises. Participation Guidelines

Note: There is a maximum of 200 words per comment. If you wish to post more, please visit our forum.
Comment Policy

The World welcomes your comments about stories, and we encourage a robust dialogue on this site. All comments must meet reasonable standards of decency and civility.

Please follow these basic rules:

  • No defamatory comments about individuals or businesses.
  • No deliberately false information.
  • No obscenity or racially offensive language.
  • No harassment, verbal abuse, threats or personal attacks.
  • No information that invades another person's privacy.
  • No business solicitations or charitable solicitations.
Comments that violate these standards will not be posted. Users with repeated violations may be banned from future posting.

Comments will be approved throughout the day during business hours. After hours and weekend comments may not appear until the following business day. It may take a couple of hours before comments are approved.

The World generally does not edit comments, but we reserve the right to edit any comment that does not meet our standards.

Close Guidelines

No comments posted.


*Member ID:
*Password:
 

Not already registered?

Do not use usernames or passwords from your financial accounts!

Note: Fields marked with an asterisk (*) are required!



*Create a Member ID:
*Choose a password:
*Re-enter password:
*E-mail Address:
*Year of Birth:
 

(children under 13 cannot register)

*First Name:
*Last Name:
Would you like to be added to our mailing lists?
Daily Headlines
Breaking News
Special Offers
 
Advanced Search
Web Search powered by YAHOO! SEARCH

Blogroll

Most Popular

Polls

» View Past Poll Results
» Suggest a Poll

Marketplace

Special Sections

More Special Sections