How will that Sales Tax Hike work? Here’s more Snyder/Calley & Jones Day “Grand” bargain at work.
Costs for water service would rise an average of 9.3 percent this year in Metro Detroit under rates proposed Wednesday by the Detroit Water and Sewerage Department.
The department’s board discussed preliminary water rates for the 2015-16 fiscal year, which would rise 3.4 percent for Detroit customers and 11.3 percent for suburban users, on average.
Suburban customers’ water bills could be even higher, [snip]
Remember what WXYZ warned? Pay up, suckers.
Not to say I told ya so, but… I told ya so.
The entire Detroit bankruptcy workout was a fraud arranged in secrecy with the active connivance of Southeastern Michigan politicians. The biggest piece affecting Michigan at large was the creation of the Great Lakes Water Authority from the non Detroit operations of Detroit Water & Sewerage Department. The Great Lakes Water Authority. Memorandum of Understanding foisted on the residents of Southeastern Michigan established the 4% revenue cap as an aspiration, not a real limitation. The 4% aspiration was based upon deliberately highballed water usage projectionsDetroit, the Region and Dirty Water : DWSD's 4% Rate Cap Was a Sham. This was known by all who participated in the bankruptcy negotiations and was plain to all the SEM politicians who voted on the GLWA MoU.