Surplus or not?
To the editor:
On Tuesday, April 8, Randy Daugherty (in a letter to the editor) informed us that the city had a surplus of $2.7 million in December of 2006.
On Wednesday, April 9, 2008, we are informed that the City Council may be considering raising water rates by 8 percent, sewer rates by 15 percent, and imposing a 2 cents per gallon gas tax.
We are told that all of this is necessary to repair the infrastructure of the city. What part of budgeting is the public not supposed to understand? Can it be that there is an imbalance between the cost of salaries and the cost of supplying city services?