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Municipalities and taxpayers deserve a fair price for utility assets

AUGUST 9, 2021 | by Richard Mroz, Norman Kennard, Brien Sheahan | NJ SPOTLIGHT NEWS

Op-ed by Richard Mroz, Norman Kennard and Brien Sheahan, includes “… Many local leaders around the country are determining that it is in the best interest of their ratepayers and constituents to redeploy municipal assets to more pressing needs, and allow professional water companies with scale and experience to address the challenges of rebuilding and managing aging infrastructure. However, thanks to obsolete and unfair laws in many states, municipal governments and taxpayers are often unable to get a fair price for their water and sewer assets.”

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