Why would you believe that a for-profit corporation can give you a lower cost for its services than a nonprofit unit of government? It seems to me that what is being offered to O’Fallon voters is similar to what former Speaker of the House Nancy Pelosi advised members of Congress to do: Vote yes and then read what you voted on.
O’Fallon officials want residents to vote “yes” for the proposed referendum concerning the lease of the municipal-owned water and wastewater and related assets, and then the officials will tell you what you voted for.
Some costs have been thrown against the wall hoping some will stick.
If I have a product that cost $40 and increase the cost by 25 percent, the new cost would be $50, increase of $10.
If you have a product that cost $80 and increase the cost by 15 percent, the new cost would be $92, an increase of $12.
In using percentages, my cost increase was 10 percent more. However, using actual cost, my cost increase was $2 less.
Do not be misled by percentages when base numbers are not available.
Robert F. Braswell