Candidates field questions about Power & Light financial woes
Published 10:18 am Wednesday, April 25, 2012
Editor’s Note: This is the third in a four-part series focusing on Franklin City Council candidates for the May 1 election.
How should the City Council address the recent news of Franklin Power & Light’s budget deficit?
Ward 1 Candidates
Barry W. Cheatham
It needs to be handled exactly as it is being handled. We first need to know the causes of the problem and put in place the fix and the safeguards to prevent it. It is not as was said, a general fund transfer for its excess expenditures; it is completely in the electric company.
Earl Blythe
The city manager will address the loss the reserve fund when he presents his budget recommendations to the council. I would prefer to wait and see what the manager’s recommendations are and then offer alternatives, if necessary.
Ward 4 Candidates
Mona Murphy
I believe council should look at the funds we transfer from the power and light department reserves to the general fund. If that transfer had not been made perhaps our reserves could have helped to defray some, if not all, of the 14 percent increase. I am a firm believer in being fiscally conservative with spending.
Linwood Johnson
The council must direct the city manager to examine ways to eliminate unnecessary spending to prevent raising utility fees on the backs of our hard-working citizens.