Tuesday, March 20, 2012

My Give A Damn Gave Out

Maybe it's just me and my poor math skills, and the scientific community is united in that fact, but somethings not adding up for me about Lake Delhi.

The Delaware County supervisors on Monday authorized a $3 million essential county purpose bond to help rebuild the failed Lake Delhi dam.

Also on Monday, the
Iowa Senate approved a $182 million Rebuild Iowa Infrastructure Fund budget Monday that included $5 million for reconstruction of the dam at Lake Delhi.

The cost to rebuild is $11.9 million, more than double the original $5 Million estimate, and Lake Delhi residents have approved raising their own taxes to fund a $6 million bond, with $1.7 million donated in private funds.

To me that adds up to $10.7 Million local residents have committed ($6 Million + $3 Million + $1.7 Million), so why does the state need to ante up $5 Million when the difference is $1.2 Million ($11.9 Million - $10.7 Million)?

Math is hard.

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