Clark Public Utilities commissioners approved 2019 budgets for the electric, generating and water systems Tuesday. Electric and water rate increases are not included in the budgets.
The operating budget for the electric and generating systems for 2019 is $366.2 million, less than 1 percent less than 2018’s $367.1 million. Power supply remains the large majority of the budget at $232.7 million — down nearly 3 percent from $239.2 million in 2018. The operating and maintenance budget is $56.8 million. The remainder is comprised of taxes, debt service, rate-funded capital and funding for energy efficiency programs.
Commissioners also approved $21.3 million for the 2019 water system budget, compared to $17.55 in 2018. The nearly 18 percent increase largely reflects an addition of rate-funded capital for system upgrades.
“This utility continues to offer at-cost power with the reliability and service our customers should expect,” board President Jim Malinowski said in a news release. “The staff of this utility consistently develops disciplined budgets to balance many priorities and carefully manage resources.”
