Ed McKnight: I would like to ask Commissioner Kuntz, you talked about stepping up and taking leadership in this power process. And yet all the information I have, either the coal plant or Electric City Power, you have done nothing but lose money.
Channing Hartelius: So is that your question?
McKnight: If losing money is an indication of leadership, is that the kind of leadership that we need?
Hartelius: Did you under...did you get the question?
Diane Jovick-Kuntz: I did. And again your figures and my figures are different on the losing money. You've gone to the budget and picked one particular line item out of our budget and said we're losing, we're losing, we're losing. You have not gone and visited with Coleen Balzarini on a regular basis regarding this issue so you view us as losing, losing, losing. I don't view it that way, and I think with Electric City Power, because of the obligations that we have, for the contracts, for the next 20 years, there will be enough revenue to carry us through. And we will not continue to lose money.
Hartelius: Thank you Diane.
See, p. 28, p. 7 in Adobe Acrobat: Operating Loss, Electric Fund:
Actually, I think we have the same figures, don't we? And yes, I am picking out one line from the AUDITED financial statements. It's the line called "Operating Income (Loss)."
The obvious: If we're not losing, losing, losing right now, how can we "continue" to lose money? Good question, eh, Dr. Freud?