Fix the Springs Preserve financial leak before hiking water rates

I read in Nevada's best newspaper this morning that the Southern Nevada Water Authority plans to hike the cost of water for residents.

I'm addicted to water, especially when it is used to brew my morning coffee. And, for the sake of brevity, pretend you just read four or five paragraphs right here extolling the many virtues of the SNWA (and there are many).

With that said, the SNWA shouldn't increase fees on residents one penny until they fix the embarrassing financial leak that has become the Springs Preserve. The Preserve, wonderful tho it may be, was supposed to be one of these grand public/private partnerships that improved our standard of life in Las Vegas, without cost to taxpayers. Or, at least that's how I remember it. Yet now it runs at a loss, which taxpayers must subsidize.

No matter how you slice it, that's wrong and the good folks at the SNWA should fix it before asking for a rate hike.