Submitted by Saint_2022 t3_11zr6dj in philadelphia
AbsentEmpire t1_jdemc0a wrote
Reply to comment by Probability-Bot in ‘Where does it end?’: Philly water customers are concerned about proposed rate hike by Saint_2022
I don't know, but even stating that, I'll confidently state that it was no where near the the total amount needed to replace the water system infrastructure.
Probability-Bot t1_jdenepi wrote
Im sure it wasnt but at least to offset even a little some of these price hikes...
https://water.phila.gov/drops/press-release-biden-announces-500m-financing-for-water-projects/
half_shell_hooligan t1_jdfkyif wrote
I think that's a loan, not a grant.
Probability-Bot t1_jdfmdtn wrote
Yea it looks like you are right. So i guess the hikes are to pay of the loans.
half_shell_hooligan t1_jdfpnd2 wrote
That tracks, they accepted a loan without a pay back plan in place
[deleted] t1_jdenaum wrote
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