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Today's Date: 09 February 2012
Last Updated: 09 February 2012 12:43:49 CIT
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Online poll: Leasing Water Authority lacks wide support
By: Alan Markoff | alan@cfp.ky
10 September 2010

More respondents to last week’s caycompass.com online poll think the proposed leasing of the Water Authority from the government to a private sector entity is a bad or terrible idea compared to those who think it’s a good or fantastic idea.

Of the 318 respondents, the largest segment - 86 people or 27 per cent - thought leasing the Water Authority was a terrible idea.

“This would mean a short-term gain for long-term problems,” said one person. “If new revenue needs to be raised, tax high-sugar items such as sodas or any item that is over 30-50 grams of sugar in the same way that alcohol is taxed.”

“This is very risky to have the private sector control the water sources for the Cayman Islands,” said someone else. “It is very foolish.”

“Why privatise an entity that is already profitable and will only drive up costs for consumers?” asked another respondent. “Government should break up the current monopolies... like it did for the telecommunications industry. I believe, however, that Boatswain’s Beach and Department of Vehicle and Equipment Services Board are prime entities that should be privatised or dismantled. In the case of the latter, it is far more economical and efficient to use private garages than DVES.”

“Selling it would be better than leasing it,” said someone else.

Another 62 people - 19.5 per cent - thought leasing the Water Authority was just a bad idea.

“The Water Authority is actually making money,” said one person. “Why give away something that is not broken?”

“We need to get rid of the loss-making assets, not the profitable ones,” said someone else.

“The private sector will abuse the situation and do whatever they choose to do,” said another respondent.

Sixty-six people - 20.8 per cent - said they thought leasing the Water Authority was a good idea.

“The less business the government is in, the better,” said one person.

“As long as government monitors the prices and ensures the new private sector entity steps up to make the water supply better than it currently is,” said someone else.

“Any company that would lease it will want to run it like a business not a civil service job,” commented another respondent.

Another 55 people - 17.3 per cent - thought it was a fantastic idea.

“The more functions government can out-source the better,” said one person.

A relatively large segment of respondents - 49 people or 15.4 per cent - answered “I don’t know” to the question.

“We need a lot more information,” said one respondent.

“A recent report highlighted that Consolidated Water’s cost of water was... higher than the Water Authority’s,” said someone else. “Look forward to higher costs for all if they lease the Water Authority.”

 

Next week’s poll question

What do you think about Cayman’s two-party political system?

To participate in this poll, please visit http://www.compasscayman.com/default.aspx#poll

 
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