PUD commissioners Monday approved next year’s budget. The combined spending plan of $213 million is about 3 percent less than 2012.
As electric rates remain the same, The PUD expects to end 2013 with a $9 million increase in its net gain bottom line compared with this year’s budget.
Mark O’Bryan, The district's strategic financial planning director, said the 2013 spending plan meets the targets of keeping growth in operating expenses in check . .
O'Bryan says the increased positive results will be used to meet priorities set by PUD customers to continue to pay down debt, increase reserves, keep any future changes in electric rates moderate and predictable and maintain reliable utility service.
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