Last week, OHM principal Evan Pratt spoke to leaders in the Tennessee Association of Utility Authorities about a painful subject: declining revenues. While the recession hasn't hit Tennessee as hard as some of the original rust-belt states (Michigan, anyone?), Utility Authority leaders are still looking for ways to trim expenses and stretch those shrinking revenues a bit further. OHM's message? Utilities and municipalities must find a way to cut costs, but eliminating or postponing maintenance is not the answer!
Failing to invest in maintaining a community's billion dollar assets (its water, sewer and storm systems) is akin to buying a luxury car and driving it for 100,000 miles without changing the tires, brakes, or oil.
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