TDPUD approves two-year budget sans rate increases
TRUCKEE, Calif. and#8212; The Truckee Donner Public Utility District board, at its Nov. 16 meeting, unanimously approved a two-year budget covering 2012 and 2013, according to a press release.
The approval was the culmination of a series of board workshops and a public hearing on the 2012 and 2013 budgets, officials said.
The process also included a presentation on the TDPUDand#8217;s 10-year financial master plan, which, in addition to no rate increases in 2012 and 2013, aims to improve the districtand#8217;s overall financial position, operations, system reliability and customer service.
and#8220;The ultimate measure of performance for any utility is rates,and#8221; said Jeff Bender, president of the TDPUD board of directors, in a statement. and#8220;Being able to keep rates stable and competitive while improving the value we offer our customers is a real testament to all involved.and#8221;
TDPUDand#8217;s performance can be measured directly by low rates, reduced operating budgets and head-count, increased reserves, improved Renewable Portfolio Standard (RPS), effective energy efficiency programs and increased customer satisfaction.
According to the district, the public process to adopt the new budget included reports on all of these performance factors. The results have been independently verified by the TDPUDand#8217;s most recent financial audit which was very complimentary of the TDPUDand#8217;s financial results and management team.
and#8220;I have been on the TDPUD board for a long time and have rarely seen such strong financial performance and efficient operations,and#8221; said Joe Aguera, TDPUD board member, in a statement. and#8220;It is really important that we help our customers save money while delivering reliable and high quality water and power services.and#8221;
For more information, call 530-582-3951 or visit http://www.tdpud.org.
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