Wednesday, April 24, 2019

The Mayor Uses Fuzzy Math

In an interview with CBS News the Mayor comes up with a completely different set of $ numbers for the losses incurred by Georgetown Utility System (GUS). As some "smart pundits" have observed over time, "when you are in a hole, stop digging". It looks like the Mayor should stop digging!

"We did have a bad year last year and I think we lost about $3 million," Ross said. "But in the five years that we've been doing this, the net is over $15 million so this is a 25 year plan not a 25 month plan."

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