As Mr. Megarr has stated, the biggest hurdle to meet are the stipulated orders because their revenues in FY 2008 totaled $6.3 million while their expenditures amounted to $9.9million, for a shortfall of $3.6 million.
This within itself is self-explanatory — CUC is truly mismanaged.
Why do they continue to spend more than they actually earn?
This now raises another question: Does CUC have a qualified comptroller and certified accountants? Or are they being ordered to ignore these serious expenditure issues?
Ultimately the $3.6 million will be shouldered by the consumers whether we like it or not. But why should we the consumers have to pay for their incompetence, gross negligence, and mismanagement?
This has been happening for the past two decades.
Our public utilities have been a center of political agendas and platforms for one’s benefit in public office and they should all be ashamed of themselves for misleading and extorting our people, the consumers.
Today the oppressed and depressed members of the community are in the hands of Georgetown Consulting, hired to adjust our billings to meet such operational shortfalls due to the gross negligence and mismanagement of our public utilities.
Now the other question is: What is the status of the ongoing rehabilitation and repair efforts at Power Plant 1? We believe that there should be improvements by now since CUC hired a $180,000 per year power plant expert and the last time we checked Power Plant 1 was operating two engines producing nine megawatts combined.
GREGORIO CRUZ JR.
Taotao Tano
