In the last few months there has been lots of talk about the Electrical System in the Crowsnest Pass.
The municipality owns about half of the electrical system in the municipality and it generates a lot of money for the municipality each year. Knowing that some people may see the opportunity for a one time big cash pay out.
I would strongly suggest that politicians, administrators, and residents recognize that the electrical system is a great asset for the residents of the Crowsnest Pass. That subsidizes our tax rates on an annual basis according to the municipalities own financial statements the electrical system generated the following amounts of cash over the last three years.
2010 $447,070 2011 $443,247 2012 $482,144 to replace that income you would have to increase taxes approximately 8%.