Comment Re:So the real cost is (Score 1) 110
> Come on, taxpayers have to pay that back.
Taxpayers have to pay only if the city runs a loss.
The parent poster made some assumptions and came up with some numbers. I was just explaining to the parent poster what his/her numbers mean.
I am aware that there are factors not in the calculation, the interests on the bonds for one, the others include administrative and maintenance costs, like you said, or that not every internet-connected home in the city is a subscriber to the city network, etc.
Whether or not the city will need to use taxpayer money to pay back the bonds depends on whether the profit can cover those additional costs.
If the profit is enough, that means the network will have been paid back by its users only and not costing city taxpayers.
I do agree it is entirely possible that those costs end up higher though.