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Wednesday, Nov. 4, 2009

Issue of the Week, Jerk and Hero of the Week

The Milwaukee Common Council has backed off the city’s attempt to lease the Milwaukee Water Works to a private corporation as a way to generate revenue for the cash-strapped but water-rich city. Earlier this year, Milwaukee Comptroller Wally Morics had estimated that a 99-year lease would add $30 million to the city’s coffers every year. Not bad, when you consider that the city is facing an eye-popping $90 million deficit next year. But that’s what the city government would have gained if a deal had gone through...
Wednesday, May 27, 2009

Questions arise over privatization discussions

City Comptroller Wally Morics, with the support of the Milwaukee Common Council, is considering whether a long-term lease of the Milwaukee Water Works is one of the answers to the city’s budget nightmare. Morics has argued that the money raised by a long-term lease, if invested in...

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