Our water utility owns a golf course out in northeast El Paso.
I’m not sure how a golf course is consistent with their mission.
Wanting to know how they are doing financially with the golf course I took a look at their comprehensive annual financial report (CAFR) for 2016 and 2017.
According to the CAFR: “The assets, liabilities, and results of operations [of the golf course] are included in
these financial statements as part of the Water and Wastewater Utility Fund.
In other words “none of your business”. The report provides no information about the golf course finances.
We deserve better