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Treasurer says power-plant conversion eases short-term budget risk; forecasting timeline tightened by state
Summary
The district treasurer reported the power plant will not close soon and outlined new state forecasting deadlines, saying the district expects to meet obligations through 2027 while continuing to monitor conversion-related shutdowns and changing reporting dates.
The district treasurer told the 3 Rivers School District Board of Education on Sept. 9 that the district’s short-term budget outlook is more stable after new information about a local power plant and warned of compressed state forecasting deadlines. "We now know that the power plant is not going to close," the treasurer said, adding that the plant plans a conversion to natural gas that could require short shutdowns but that no such shutdown is expected in the next year or two. The…
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