Posted on | February 4, 2013 | 1 Comment
An interesting note from the Montgomery and Associates water blog on the financial problems facing the Central Arizona Project, which delivers Colorado River water to Phoenix and Tucson.
If the Board leaves rates alone this year, some customers may be temporarily satisfied. However, financial problems will persist and grow, adding to uncertainty for the future. The next few months will reveal whether the Board plans to endorse a wait-and-see approach or pursue a more aggressive course to address its long-term structural revenue deficit.