page 116 of EID Comprehensive Financial Annual Report 2019
EID has no cap on its spending and its approved project costs are passed on to the ratepayer. Instead of living within its means, the majority of the EID Board of Directors, including George Osborne, has consistently voted to increase rates at a pace far greater than the Consumer Price Index. Why? Because they can.
The only way to stop these runaway rate hikes is to change the composition of the majority of the Board. Vote for Craig Schmidt and Sue Taylor!
