Read the Express-News letters to the editor for April 11.
Workers on the assembly line at Toyota's manufacturing plant in San Antonio. Toyota benefited from an incentive program known as Chapter 313. A reader calls the program “corporate welfare.”Re: “Trump arraigned on litany of charges,” Front Page, Wednesday:
The first article reports that CPS Energy is selling “surplus” real estate properties because the utility is “cash-strapped.” The editorial says for more than 70 years CPS Energy ratepayers have transferred up to 14 percent of CPS Energy’s revenues to the city annually. This is expected to translate into $391.8 million or 26 percent of the city’s $1.5 billion general fund.
Now, if CPS Energy is so “cash-strapped” that it is dumping property, why are the ratepayers, putting $391.8 million dollars into city coffers? I understand the city needs to get funding from somewhere, I just don’t want City Council to have untethered access to the piggy bank, especially if the utility is “cash-strapped.” I support S.B. 110.
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