FIXEID Check # 010:
Claim that "EID's spending is out of control and getting worse!"
Claim that "EID's spending is out of control and getting worse!"
From FIXEID web page http://www.fixeid.org/link-to-pages/trots0203_spending_outofcontrol_gettingworse.html ,
Headline at top of page:
"EID's spending is out
of control and getting worse!"
This is factually false to an extreme degree.
Spending was clearly excessive under the General Manager who terminated on 12/31/2007.
However, since then:
- 5-year Capital improvement plan spending has decreased by $302 million.
-- It peaked at $388,901,409 in the2008-2012 CIP.
-- It has dropped to $86,556,365 in the 2012-2016 CIP.
- Operating expenses have been cut by $5 million per year.
-- Costs peaked at $63,452,971 in 2008.
-- Costs dropped to $48,559,130 by 2010
Read with caution
if you visit fixeid.org
if you visit fixeid.org
