New report on Measure B costs***

A consulting firm hired by the city to detail a proposed solar-power ballot measure estimated the cost at $1 billion - or only one-third the amount of earlier projections, officials said Monday. Daily News.

City officials had previously estimated that it could cost up to $3 billion, but could be reduced to $1.5 billion with federal tax credits.

A separate, highly critical outside audit to be released soon, however, estimates the cost at up to $3.6 billion and argues that the city would not be eligible for the tax credits.

***The report is available at the DWP website.