WHO PAYS FOR MUNICIPAL BROADBAND?
A project like this must mean tax hikes, right? Think again! There are examples in Canada where taxes didn’t need to be raised to pay for broadband infrastructure. In Olds, Alberta, the profits from O-Net are projected to completely pay off the community’s loans from the government within 10 years, due to the booming business the network has created for the municipality. If just one third of the population subscribes to O-Net, the project pays for itself.