Roy Taylor 
Member since Oct 12, 2017


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Re: “Pension tension

Got to put numbers in relevance. Total SLO revenue is about $130M with expenses of $99M. Their operating profit is $31M, or 24% operating margin

From their utility monopoly business alone, SLO is making $18M in profit, a 36% proft margin. They don't need to CUT (i.e. reduce any spending), just accept less of an operating profit. They are a non-profit supposedly.

4 likes, 2 dislikes
Posted by Roy Taylor on 10/12/2017 at 10:22 AM

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