Create metropolis everlasting fund with utilities merger financial savings
I learn the proposal by Mayor Berkowitz to promote Municipal Mild and Energy to Chugach Electrical Affiliation in a deal for greater than $1 billion. If I perceive the deal appropriately, Chugach will take over debt funds and operational prices and haven’t any layoffs of MLP staff. We may see lowered energy payments resulting from elevated value efficiencies. It feels like a sound deal. Nevertheless, I’ve one query — what is going to occur to financial savings the town will reap, the funds at present used for the debt cost?
I recommend we set up a municipal everlasting fund. If funds at present getting used to pay down debt are deposited into this fund it might develop to greater than $1 billion in 20 years.
The principal of this fund ought to be protected. Assuming a modest 5 % return, an annual return of $50 million can be generated. This might be used to fund metropolis operations and faculties for many years, probably offering property tax aid. We might additionally present a modest annual dividend to residents.
The choice is to make use of our windfall financial savings to extend metropolis budgets. Whereas there are wants, it will end in rising budgets that after 20 years would require elevated taxes. Meals for thought.
— Doug Vincent-Lang
Rogers might have had second ideas after assembly this man
Will Rogers stated he by no means met a person he did not like.
Donald Trump stated he has a much bigger button than the chief of North Korea.
Will Rogers by no means met Donald Trump.
President Trump is holding Dreamers — People — hostage
The date was Jan. 20, 1981, and greater than 50 U.S. hostages have been being launched from Iran after 444 days of captivity. 5 days later, our household stood alongside Route 208 outdoors of Newburgh Worldwide Airport waving flags and cheering because the caravan of returned hostages made its approach to West Level. We knew we by no means needed to see People held hostage once more.
The date is Jan. three, 2018 and one other group of People is being held hostage. Their captor isn’t a overseas dictator however our personal president. The Dreamers’ destiny is dependent upon having his ransom paid. DJT needs his wall constructed and cares nothing for these he hurts within the course of.
Our president would inform us to maintain America and People first! Sure, care for the Dreamers first as they’re People!
— Mary Navitsky
Keep in mind variations between climate, local weather
Only a reminder to everyone that…