Petersburg Pilot -

Editorial: Continue the search

 

February 1, 2018



As discussion continues on the Power and Light reorganization, it’s important to quantify the savings and identify where they will be placed within the borough budget.

Saving money in the Power and Light Dept. will not help the borough’s general fund. It will only bring savings to the Power and Light fund. The funds cannot be transferred to the general fund on an ongoing basis.

Since the PMP&L fund is a self-supporting enterprise, it operates independent of the borough’s general fund. In other words, it pays its own way, as do the sanitation, water, wastewater and harbor funds. Revenu...



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