- KNIA / KRLS - http://kniakrls.com -
Electric Utility Budget Presented to Pella Council
Posted By News On August 26, 2010 @ 6:29 am In Today’s Local News | Comments Disabled
The Pella City Council was presented with the city’s Electric Utility Budget for the 2010-2011 fiscal year during a special meeting this week. Pella City Administrator Mike Nardini says the over $22 million budget was a challenge to assemble because of the many variables in the utilities industry.
One notable feature of the budget is a proposed 4.63% overall rate increase, which has been proposed to compensate for a nearly eight percent decrease in electric utility sales since 2007 – accounting for an annual loss of $1.1 million in revenue.
Article printed from KNIA / KRLS: http://kniakrls.com
URL to article: http://kniakrls.com/2010/08/electric-utility-budget-presented-to-pella-council/
Copyright © 2009 KNIA/KRLS. All rights reserved.