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1893

Liquid Assets: Tide Turns Against Privatization of City Water Systems

There’s nothing like a fiscal deficit to prompt municipal leaders to think hard about how to save money. Everything is on the table and no city service or asset is untouchable. So last November when the mayor of Carbondale, Illinois made several suggestions for bailing out the cash-strapped city, the idea of selling the municipal water and sewer system gained serious traction.