Water utility deficit to be paid off with funds from sale of Camp Debert homes

Harry Sullivan
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TRURO - Profits from the sale of the former Camp Debert homes will be used to pay off a $75,000 water utility deficit, Colchester County council has decided.
The alternative would have seen the village's taxpayers being responsible for debt assumed by the county when the water utility assets in Debert were transferred from the province in March 2008.
"We inherited a lot of debt out there but we (also) inherited a lot of profit out there," Coun. Bob White said, during a recent council committee meeting.
"I don't think the residents, the homeowners, should have to start with a deficit," he said. "This is a hiccup. I think this needs to start from a clean slate."
Since the county assumed responsibility for water delivery in the area, meters have been installed and rates have been established. But a staff report indicated that budget estimates included in a rate study were out of whack because of provincial figures that "did not accurately reflect the true cost of operations," resulting in the deficit
situation.
"I think we need to get this slate clean," White said. "I think we need to clean up the books."
Council committee agreed and rather than increase water rates to pay down the deficit, a motion was passed to transfer the funds from the proceeds of the Debert Camp home sales, which totalled $3.9 million.

hsullivan@trurodaily.com

Organizations: Colchester County council

Geographic location: Debert

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