Provo Mayor Lewis Billings rolled out a new city budget where iProvo funding takes center stage. The city plans to loan an additional $1M to the project to cover bond payments while seeking additional service providers and pushing additional commercial accounts. Signing up businesses for iProvo service will be critical since commercial accounts are willing to pay more for faster Internet thus producing higher margins. Businesses accounts are also far less likely to suffer from the same level of "churn" that hits residential accounts. With these two changes, it seems like the light at the end of the red ink tunnel may finally be approaching.
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