August 2020 Board Update
Board Approves 2021 Annual Operating Budget
The Board of Public Utilities approved the 2021 Annual Operating Budget for City Utilities. The approved budget provides a $622.7 million dollar disbursement authority for all areas of the utility. There are no rate increases in the 2021 budget.
This budget allows CU to continuously improve on delivering a better customer experience by investing in smarter energy and water infrastructure. The 2021 budget allows for continued infrastructure replacement, automated metering installation, support of the fiber optic network expansion and several additional projects to benefit and add value to our community.
The budget now moves to City Council for a public hearing and first reading on September 8, with a second reading on September 21. The 2021 Operating Budget covers the time period of October 1, 2020 through September 30, 2021.
Utility Recognized for Smart Energy Efforts
City Utilities has earned the designation of Smart Energy Provider from the American Public Power Association (APPA). The Smart Energy Provider (SEP) program recognizes best practices for utilities that show commitment to and proficiency in energy efficiency, distributed generation, renewable energy, and environmental initiatives.
The program provides national recognition of the efforts of public utilities that incorporate energy efficiencies and sustainability while providing affordable electric service. Additionally, achieving SEP designation will help public power utilities benchmark and evaluate their work on these topics against a set of industry best practices.