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2012-10-16 at 14:23
Dryden not putting aside enough money for water
By tbnewswatch.com
DRYDEN, Ont. -- A water operations financial plan shows Dryden is not setting aside enough money for the future replacement of equipment and other assets.
Dryden is contributing $375,000 toward capital replacement in the water budget compared with the recommended level of more than $1 million.
Public works director Mike Louttit says the situation isn't dire right now, but he notes a massive failure in the future could pose problems.
The plan recommends a six per cent water rate fee increase annually for the next six years, but Louttit says they are looking at other options.
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