Did you see the Gillette News Record article about how the 1% funds water infrastructure?
“When it comes to the city’s enterprise funds, the 1 Percent plays a unique role by keeping down costs and rates for customers.
The city uses the 1 Percent to pay for capital projects that would otherwise be have to be spent from the city’s general fund.
In other words, the 1 Percent supplements the enterprise funds in the maintenance and development of infrastructure in order to keep utility rates as low as possible, according to the city. Without the 1 Percent, each of the enterprise funds would be affected and would have serious impacts on customers.”
Read more about Penny Power and how it affects Gillette’s water infrastructure in Gillette News Record’s article, “1 Percent helps pay for water infrastructure”
Read the full Gillette News Record article, “1 Percent helps pay for water infrastructure”