Summary
Rockport’s city-run utility system is losing about $50,000 a month, and that red ink could hit residents through higher rates or tax-funded bailouts. If the trend continues, locals may end up paying more for the same service—or less reliable service.
At a glance
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Impact analysis
That’s roughly $600,000 a year in losses that taxpayers or ratepayers may have to cover.
No group clearly benefits—unless you count current utility customers who are temporarily shielded from the true cost of service.
Rockport taxpayers and utility ratepayers, especially people on fixed incomes who can’t absorb rate hikes.
Mentions & discussions (1)
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