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PUC sets budget hearing date

October 24, 2012
By Josh Moniz - Staff Writer , The Journal

NEW ULM - The New Ulm Public Utilities Commission met Tuesday to approve the preliminary 2013 Public Utilities budget and set the final budget hearing for Tuesday, Nov. 27 at 3 p.m. at City Hall.

The preliminary budget has a net operating figure of $41,400,048, which is down $501,620 from 2012, and net operating expenses of $39,196,801, down $117,329. The estimated operating income for 2013 is $2,203,242, and the net non-operating income is $2,753,082.

The Nov. 27 meeting will be open to the public for comment before final approval for next year.

The PUC also watched a video produced by the Minnesota Municipal Utilities Association labeled "The Power of Community," which focused on the local value of public utilities.

New Ulm Public Utilities Director Gary Gleisner was interviewed for the project and was featured in the film talking about the revenues public utilities can produce for cities. The video was sent out as part of the Public Power/Public Gas Week celebration. Minnesota currently has 125 municipal electric utilities and 31 natural gas utilities that served 360,750 electric customers and 80,000 gas customers. The video will have a rebroadcast date determined later for showing it on nuCAT.

(Josh Moniz can be e-mailed at jmoniz@nujournal.com)

 
 

 

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