Clark Public Utilities Board adopts 2018 budget, no increases required

The Clark Public Utilities commission voted today to approve annual budgets for the electric, generating and water systems. Electric and water rate increases are not currently required to fund the approved budgets.

The combined operating budget for the electric and generating systems for 2018 is $367.1 million, compared to $371.1 million in 2017. Power supply remains the large majority of the budget at $239.2 million, and the Operating and Maintenance budget is $55.2 million. The remainder is comprised of taxes, debt service, rate funded capital and funding for energy efficiency programs.

Commissioners also approved $17.75 million for the 2018 water system budget, compared to $17.26 in 2017. The increase reflects the cost of planned water meter upgrades. To learn more about Clark Public Utilities, visit https://www.clarkpublicutilities.com.

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