Further to the note last week about the Latvians in fact not coming to Rochester, it is interesting to read in this article about city Council waiving almost 9 million dollars in unpaid water rates and taxes to try and keep High Falls Brewing in town:

The company has more than $100 million in annual sales, a $20 million payroll, and spends an additional $75 million a year on services and materials such as glass and sweeteners.

That is nothing to sneeze at...well, except maybe for the "sweeteners". Not sure what that means. And having 375 jobs with a 20 million dollar payroll means an average income of over $50,000.00 across the board, again not exactly a quibble in a town which has also suffered from new economy implications with the advent of digital camera not to mention being on the northern edge of the rust belt.

But it is interesting, too, to see that of the 100 million in sales 95% goes to labour and materials not leaving any extra nine million to pay the water and taxes if they wanted to. How will they pay them as they go forward?