SFGTV2 February 18, 2013
Garvin but the rates that are being charged for water are insufficient to replace existing systems and to expand existing systems. Narrator because original Infrastructure Investments were frequently subsidized by the federal government, Water Pricing was often calculated without accounting for the initial cost to build the systems. We made Major Investments in assets in the 50s, 60s, and 70s. And for the first 40 years of that pipe, there really may not have been many maintenance requirements. Were past that period now. Narrator Water Pricing based only on daytoday operation, and not on plann...