Leadership

The Diversion of the Water Works Surplus

Issue 19 and Volume 78.

The Diversion of the Water Works Surplus There has been, and no doubt will in the future be, many attempts to divert the funds of the water department to other uses in the city government. Of course it is quite possible that there might arise an emergency that would make it necessary to employ the surplus of the water department for other municipal purposes, but these funds should be at once restored, as soon as the necessity for this action has passed. The water rates of a community should be so regulated as to provide for all of the expenses of the water works, including interest on bonded indebtedness and depreciation, and also to insure at least a sufficient surplus to take care of all necessary repairs and additions in the water service. With the growth of the community it will be necessary to extend the facilities and the surplus…

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