Paying a high CEO salary Editor: Congratulations to the residents of Charlotte County. They have contributed more than enough money to pay Brian Gallagher, the national United Way’s CEO, his annual salary of $535,552. Dave Akerstrom Punta Gorda https://www.unitedway.org/ceocompensation

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WATER AND SEWER RATE INCREASES!

…approved water and sewer rate increases effective October 1, 2014. As shown in Exhibit 2.13 the rate increases are scheduled over three years and are projected by CCU to be sufficient to fund the current six-year CIP. Full 2015 KPMG audit of CCU http://www.charlottefl.com/…/KPMG-Final-Report-CCU-Audit.pdf

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CCU – OUTSTANDING DEBT OBLIGATIONS OF $155 MILLION

CCU has outstanding debt obligations of $155 million, including $149 million in revenue bonds and $12.2 million in loans and other debt as of September 30, 2014 Full 2015 KPMG audit of CCU http://www.charlottefl.com/…/KPMG-Final-Report-CCU-Audit.pdf

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APPROXIMATELY $150,000,000 IN CAPITAL IMPROVEMENTS OVER FIVE YEARS

CCU’s Capital Improvement Program (CIP) identifies approximately $150 million in capital improvements over five years between FY2015 and FY2019. Exhibit 2.12 presents the 5 year CIP showing $90 million budgeted for FY2015. The CIP also includes projects for rehabilitation and replacement (R&R) of aging and inferior infrastructure that has been attributed to facilities acquired from private utilities. Approximately $46...

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Bayshore Live Oak Park is one of Charlotte County’s “premier parks”.

While investigating the Canoe Launch, we checked out the lack of maintenance and vandalism at the public restrooms nearest the Canoe Launch. Bayshore Live Oak Park is one of Charlotte County’s “premier parks”, as they call it. It seems to us that the park’s maintenance needs more attention.

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Free Speech for Thee, Not for We, the People

Editor’s Note: The following is a guest column the Sun Newspapers refused to print, even though they requested it. Our source tells us, “in fairness, they said it was too late”. However, the terms of the Western Michigan University deal are still unknown and the cost to taxpayers can’t be determined since the county government refuses to reveal any documents. We here at SBG think the Sun refused to print the...

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