Title: Pennsylvania Governor Reviewing Liquor Privatization Plans
Description: Governor Corbett supports turning over control of the state?s alcohol industry and is studying a plan to auction retail and wholesale licenses.
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HARRISBURG, PA ? Pennsylvania Governor Tom Corbett announced earlier this week the completion of a study period to assess privatization of Pennsylvania?s Liquor Control Board.
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"Now begins the process of thoroughly reviewing each proposal and determining the best solution for all citizens of Pennsylvania and consumers,'' Corbett said. "Pennsylvania should not be in the business of selling alcohol. It's time to get state government out of the retail trade business and instead focus on essential public services ? that's what taxpayers expect of us."
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The governor commissioned Public Financial Management (PFM) to analyze the state?s current system and evaluate prospects for privatizing wholesale and retail wine and liquor operations.
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After evaluating privatization options, and assessing industry data to predict financial performance under various scenarios, PFM concluded that a privatized system affords Pennsylvania the best financial prospects as well as improved efficiency for its residents.
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Accordingly, PFM issued a 300-page report recommending the creation of retail and wholesale liquor licenses, auctioning them to the highest bidders.
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The governor said he would now review the study and evaluate viable options, including how to best disburse revenue generated from license sales.�
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"I support taking the state out of the liquor business and putting it back into the free market,'' Corbett said. "We need a proposal that limits the number of retail outlets to protect our neighborhoods. At the same time, the state needs to exit a business it should never have been in to begin with. Captive markets do not make for a free people.?
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Content Subject: Operations
Formatted Article Date: October 27, 2011
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