Mayor Daley May Be Considering A Sale Of Chicago's Water System - cbs2chicago.com: "CHICAGO (CBS) ―If the parking meter deal put a bad taste in your mouth, try swallowing this: Chicago is considering leasing its water system to help fix the budget.
The new boss could charge whatever they want for water, CBS 2's Roseanne Tellez reports.
Could it happen here in Chicago? It already has nearby. Homer Glen in Will County relies on Lake Michigan water, but the supply comes from a German-owned firm. Locals say there's a lot more than water going down the drain."
Here we go again. This is another scheme to get money from a private firm that then passes on that cost to the taxpayers (who become customers). Net effect: a disguised tax increase.
Sort of like HOAs and condos.
Chicago, like many cities, simply refuses to reduce its spending to match a level of taxation that will keep people and businesses from fleeing the city in droves.
Homer Glen is a city that was made out of several HOAs that decided to incorporate so they wouldn't get swallowed up (annexed) by nearby Orland Park. So the picture is complete: Chicago is doing what a huge HOA-turned-city did.