"The problem, as commerce commissioners made clear, is that that is what the Legislature wanted when it passed the Illinois Water Systems Viability Act in 2013. The legislation permits private water companies to buy public water systems and spread the cost among their existing customers. The utility watchdog group said at the time that the law would lead to unchecked water-company growth and rate increases. It was right."
I can’t say about other areas but in my downstate area selling water services is the trendy thing to do to raise money for the underfunded pensions. Additionally the exiting infrastructure is apparently undermaintained in true Illinois style with funds being devoted to the usual hiring practices and accompanying unionized wage issues. It is such a simple matter to sell to get money and let the costs resulting from lack of maintenance fall on the private companies rather than the elected officials that let it happen. Just another day in the life of Illinois as it circles the drain.
I can’t say about other areas but in my downstate area selling water services is the trendy thing to do to raise money for the underfunded pensions. Additionally the exiting infrastructure is apparently undermaintained in true Illinois style with funds being devoted to the usual hiring practices and accompanying unionized wage issues. It is such a simple matter to sell to get money and let the costs resulting from lack of maintenance fall on the private companies rather than the elected officials that let it happen. Just another day in the life of Illinois as it circles the drain.