May
3rd

Norwood News: A Spending Tsunami for One City Agency


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A SPENDING TSUNAMI FOR ONE CITY AGENCY

NORWOOD NEWS, May 1, 2008, OP-ED: Greg Lobo Jost, University Heights Neighborhood Housing Program, This OP ED has good information for your testimony for the Water Board meetings.

. . . . thanks to a stipulation known as the “rental payment,” the more DEP spends, the more rate payers actually subsidize city coffers (this year it will be to the tune of $77 million)!. . . . This month we began to learn the truth: The real reason behind the massive increases is not the deadbeat factor but rather DEP’s unchecked spending. . . . . To learn more about this issue and ways you can take action, visit www.unhp.org and click on the link regarding water rate reform.

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Filed under Bronx Media, NYC Water | Posted by karen


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