We've heard from many construction executives in Houston who are watching the race for City Controller with great interest, largely because of one of the key issues being raised by candidate Bill Frazer: the city’s controversial drainage fee. The reason construction executives have been watching this closely is because some of them would be awarded contracts to build the drainage projects to be funded by the fee. But, the problem is there seems to be mismanagement of the fee – or at the very least it seems to be under-performing in a way that doesn't live up to the hype.
Bob Price at TexasGOPVote first noted these problems:
- The 2012 drainage fee collections were only $108 million, $17 million less than targeted. 2013 and 2014 estimates are even lower, at $103 million for each year. This produces a three-year shortfall of over $60 million. It should also be noted that the ReBuild Houston website posts an interim report reflecting estimated
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