Far West needs better money management
In reference to the article in the Yuma Sun about the Far West utility request for the 188 percent rate increase that prompted me to write, I know it's been said before.
We are winter visitors, of sorts. We own a home in the Foothills and just travel during the hottest months of the year. But many, many winter visitors are gone six months, so many, many months, the sewer bill is paid to Far West when no stress is caused by them. Far West is dragging in money for six months for nothing but profit. Technically, winter visitors are paying double for their sewer rates for the year. The bill doesn't go on vacation while it's not being used. And there are thousands and thousands of us. How much is enough?
The answer to Far West's dire problems may be better money management. How much are the CEOs and administration making per year? What are their year-end bonuses? That information isn't available to the public. Only the dire straits they're in. Other public utility companies manage profitably on less than what Far West is charging right now.
A closer look at Far West's financial problems needs to be taken before the raise in rates is approved.