Wednesday, February 27, 2008

"Maybe The Courts Can Stop The DWP Robbery" (Daily Snooze Opinion Piece:)


Gotta love any article with that title.


Previous ZD articles on this topic: Click here and here.

EXCERPT:


Surely a judge will see the overt robbery from taxpayers occurring at the Los Angeles Department of Water and Power every time City Hall transfers revenue from ratepayers from the utility to the general fund.

City officials have used this money year after year to hide the fact that they squander the public's money without regard to the public interest.

DWP revenue is supposed to be used to run the utility and keep its infrastructure modern. Instead, the infrastructure has rotted, and annual increases in rates have been imposed to keep all city contractors and city employees fat and happy.

The DWP has been a money-making machine for City Hall for decades as city officials have falsely bulked revenues from providing water and electricity by deferring important maintenance and improvements to the utility, then sucking that revenue out in annual batches - $182 million last fiscal year alone.


Click here for full opinion piece, that of course was written by a non-Daily Snooze staffer.


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