Wednesday, August 8, 2012

Time to end UTOPIA: Enough taxpayer money has been wasted on money-losing effort. Deseret News Editorial.



Sir Thomas More first created the name "Utopia" as the label for a fictional island in the Atlantic Ocean. Translated from Greek, it means, literally, "no place."

Ironically, that's exactly where the Utah Telecommunication Open Infrastructure Agency (UTOPIA) finds itself, 10 years and hundreds of millions of dollars after it was first proposed.

A recent legislative audit concludes that the UTOPIA project has squandered a great deal of the money that they raised in bond proceeds, with over 40 percent of the bond funds being used to cover operating deficits and debt service. That wasn't how the money was supposed to be used, but, then again, not much about UTOPIA has gone according to plan.
UTOPIA administrators say they agree with the conclusions of the audit, and all indications are that they're making a good faith effort to make things right. But the problems aren't procedural — they're structural.
All the lipstick in the world won't make this pig look any better. UTOPIA should never have been built in the first place.
UTOPIA's board now claims that profitability is only three years away. Given the network's track record, we wouldn't be willing to bet any more of the taxpayers' money on it.
Ten years in "no place" is more than enough. 


  Deseret News Editorial Opinion


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