I want the City Council to know that I am in favor of extending our current tax to support municipalization.
While the total amount spent on municipalization is a large number (about $10 million from 2011 through 2016), on a per-person basis, it is not very much. If you do the math, it is only about $1.60 per person per month — about the cost of a cup of good coffee.
I consider this an excellent use of my money in exchange for all the benefits of local control, resilience, local entrepreneurial opportunities, and especially for the benefits of clean energy. I'll gladly pay a couple of bucks a month to help avoid the worst of climate change. I'm grateful to the citizens and the community leadership for giving me a chance to do something real right here in my hometown.
And when I consider what Xcel is taking from our community, the investment in municipalization seems a real bargain. In contrast to what we've spent on municipalization, Xcel's after-tax net income from Boulder is over $20 million every year. With municipalization, much of this money could stay in our community. Without municipalization, this drain on our economy will continue in perpetuity.
Suzanne Spiegel, Boulder