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Findings of GHESI-Horizon business case analysis made available
GUELPH, ON, September 19, 2008 – The City of Guelph has received agreement from BDR to allow it to release a summary of its analysis of a business case concerning the proposed merger between Guelph Hydro Electric System Inc. (GHESI) and Horizon Utilities Corp (H.U.C.).
BDR is the consulting firm retained to conduct an expert, independent peer review of the GHESI-Horizon business case and accompanying analysis performed by Deloitte.
BDR’s conclusion after thorough analysis is that the business case is fair and reasonable from a financial point of view.
A summary of BDR’s findings are available at guelph.ca.
http://www.guelph.ca/uploads/administration/Guelph-Final-Presentation-single-electric.pdf
On occasion, I get calls or emails from constituents reminding me that they are taxpayers and have certain expectations about the services they receive for their tax dollar. Many residents are worried about facing significant tax increases over the next few years.
As a taxpayer, I share these concerns. My teenage children are eating me out of house and home, not to mention rising fuel costs, and looming post-secondary education bills. I have a modest income and live a simple life (one bathroom – family of six!)
I don’t relish the idea of significant tax increases anymore than my neighbours and constituents. I want value for money just like everyone else. But what is value for money? What services and ammenities do progressive communities invest in? What services contribute to quality of life?
My Guelph is more than just garbage pick-up, sewage, roads and police. My Guelph includes greenspace, clean water and air, healthy active citizens, affordable housing, arts, culture, music and heritage. My Guelph takes care of its most vulnerable citizens. My Guelph invests in high quality community and urban design. My Guelph invests in economic and labour force development.
Municipal politics is about making investments that yield the best return for the community good. Please share your thoughts – what are your priorities?
Leanne
