Arnold Residents Vote to Privatize Sewer System
Yesterday, the residents of Arnold voted to privatize their wastewater system by an overwhelming margin (70 percent of voters approved). While some of the larger local and state results may have captured Missourians’ attention, the result in Arnold is a step in the right direction for efficient, responsible government in that city.
Over the last couple months, we have written how privatizing the wastewater treatment facilities will be able to leverage the expertise and capital available in the private sector to provide better services and keep prices down. The sale price, $13.2 million, can be spent to retire debt and to create a rainy-day fund.
But as with all privatizations, effecting a sale should not be the end of public engagement. Arnold residents must ensure that the money from the sale is spent or saved in a wise manner. They also must ensure that city officials hold the private company, Missouri American Water, responsible for providing safe and efficient services.
Should the city be diligent in these areas, the privatization of Arnold’s sewer system has the opportunity to become an example to Missouri of how water treatment, like many public services, can be effectively provided through the private sector.