If it is only a one shot deal, what difference does it make if it puts the division in shape to avoid a rate increase for a long period of time? How long will it take for the rate increase to amount to the million dollars needed?

Leonard E. Goldberg

Leonard,

We looked at all options for this one-time windfall. If it would have made a long-term difference in the rate increase, we would have considered it seriously. But after a thorough analysis, it was determined that it would not only not have a significant long-term effect on rates, it would even have a minimal short-term effect. But I do appreciate your thoughts on this issue as rate increases are an extremely important decision and not to be taken lightly.

Mayor Autry