Cheney's 2016 budget: Enterprise funds

Light

Growth and a long overdue rate increase have helped Cheney’s Light Department from dipping further into its reserves.

At the City Council’s Oct. 27 meeting, Light Department Director Steve Boorman told the council revenues and expenses are expected to jump 8.79 percent, $769,800, to a projected $9,528,700 in 2016. The largest portion of revenues come from utility service charges and are projected to increase by 20 percent, $1,552,200, to $9,184,500.

That jump is due to a 6 percent rate increase approved by the City Council last April, the first increase in electrical charges to residents in 14...

 

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