Originally Posted by
erikd
City Council said the same thing about Belle Isle: "This is a side issue, it only saves $6 million a year." City Council dragged their feet on the Cobo deal, and finally approved it after a couple years, which saved us $15 million a year, and resulted in a major improvement to the facility and its operations.
One of the other recommendations is to set up a regional lease of the water department, similar in style to the Cobo deal, which allows the city to maintain ownership while sharing the costs of operations and management, and it would generate an additional $50 million a year in revenue for the city.
City Council seems to think that there is one big fix to the fiscal problem which would save us hundreds of millions every year, but there isn't. We have to fix this problem one department at a time.
Cobo: $15 million a year
DWSD: $50 million a year
Belle Isle: $6 million a year
City Council: $7 million a year
Thats $78 million dollars a year from restructuring just these 4 things.
$78 million a year may not sound like much, but it comes out to over $1.5 BILLION dollars over twenty years.
I'm sure we can find dozens of more opportunities like these that would add up to tens or even hundreds of millions in savings and/or revenue additions every year.
Not everything is a home run, but you can win a lot of games with walks, singles, bunts, stolen bases, and sacrifices.