Oxnard Public Hearing 05-16-2017 on Utility Rate Increase (Wastewater)
.
By Larry Stein, 5-16-17
The staff’s presentation for tonight’s public hearing (Agenda Item K-1) on utility rate increases ignore’s the work of the 1st URAP (2015). Why bother getting involved as a citizen if your efforts get ignored by the 4th floor and the elected officials. Questions get asked by the public, but get ignored by staff, unless one pushes hard to get questions answered.
Oxnard activist objects to wastewater financing
By Larry Stein re: UTF presentations and Minutes Please note my attachment: Debt Service It pertains to the expected rate to be paid on newly issued bonds of 6%. If we have the projected cash reserves in place prior to issuing new debt, the interest rate should be closer to 4% instead of the projected […]
Residential utility rates explained
The city of Oxnard operates 3 utility facilities; Solid Waste (Environmental Services aka Trash), Water, and Waste Water (aka Sewer). Each utility is operated as if they were separate businesses. The financial reporting process is tracked through a method known as Enterprise Funds. Revenue is collected together in a combined bill listing the fees for […]
Larry Stein is an accountant and former Oxnard Mayoral and Treasurer candidate, who has been following City of Oxnard financial issues for over 20 years.
Get free Citizensjournal.us BULLETINS. Please patronize our advertisers (including below) to keep us publishing and/or
