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ARPA Business Operations – December 2020 : The Prowers Journal


 
ARPA Board Adopts 2021 Budget: At its December meeting the ARPA Board of Directors approved its operating budget for 2021 in the amount of $24,790,124. The 2021 Budget supports the Board’s goal to retire its 2010 bonds and to reduce its energy rate by approximately 3.6%. The budget as adopted, will ensure funding for operations, rate stability, and disposition of the Lamar Repowering Project. The budget includes:
Revenues of approximately $30.41 million
Power supply expense of approximately $14 million
Transmission expense of approximately $3.6 million
A&G expense of approximately $1.4 million
Debt Service expense of $8.3 million
ARPA Board Authorizes the Retirement of ARPA’s 2010 Bonds- Reduces Annual Debt Service by $1.23 Million. The ARPA Board of Directors adopted a Resolution authorizing the redemption of the Authority’s Power Revenue Improvement Bonds, Series 2010. The retirement of the Bonds, with an outstanding principal amount of $14.8 ....

Trinidad And Tobago , Las Animas , Authority Power Revenue Improvement Bonds , Debt Service , Lamar Repowering , Annual Debt Service , Power Revenue Improvement Bonds , Maple Street , North Plant , Operating Statements , டிரினிடாட் மற்றும் டொபாகோ , லாஸ் அனிமாக்கள் , அதிகாரம் பவர் வருவாய் முன்னேற்றம் பத்திரங்கள் , கடன் சேவை , லாமர் மறுசீரமைத்தல் , ஆண்டு கடன் சேவை , பவர் வருவாய் முன்னேற்றம் பத்திரங்கள் , மேப்பிள் தெரு , வடக்கு ஆலை , இயங்குகிறது அறிக்கைகள் ,

LUB Wraps Up 2020 in Final Meeting of the Year : The Prowers Journal


The Lamar Utility Board held its final meeting of 2020 on December 15
th by approving Resolution 20-12-05, adopting a modification to the Charter Appropriation Adjustment, an annual housekeeping action that establishes the adjustment for 2021, according to Light Plant Superintendent, Houssin Hourieh.
Since 2009, a tariff entitled “Charter Appropriation Adjustment” allows the board to recover from its customers, the expense to the board associated with the annual appropriation of electric revenues which go into the City of Lamar’s General Fund.
The calculation is based on the annual budgeted CAA amount that becomes effective on January 1
st following the December approval and the preceding 12 months of CAA energy sales from December 1 to November 30. ....

Russ Baldwin , Houssin Hourieh , Lamar Police Department , Jackson Demolition Group , Arkansas River Power Authority , Lamar Utility Board , Charter Appropriation Adjustment , Light Plant Superintendent , General Fund , Lamar Light , Lamar Repowering , Governor Polis , Arkansas River Power , Lamar Repowering Project , West Beech Street , Flight Plant , ரஸ் பால்ட்வின் , லாமர் போலீஸ் துறை , ஜாக்சன் இடிப்பு குழு , ஆர்கன்சாஸ் நதி பவர் அதிகாரம் , லாமர் பயன்பாடு பலகை , ஒளி ஆலை கண்காணிப்பாளர் , ஜநரல் நிதி , லாமர் ஒளி , லாமர் மறுசீரமைத்தல் , கவர்னர் போலீஸ் ,