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Commission tables approval of July 2025 interim financials to allow more review time
Summary
Commissioners voted to table approval of the July 2025 interim financial statements so staff and commissioners have more time to review the supplemental financial packet prepared on a shortened timeline.
The Hibbing Public Utilities Commission on Aug. 12 voted to table approval of the July 2025 interim financial statements after commissioners expressed concern they had insufficient time to review materials prepared for an earlier-than-usual meeting. Staff noted the packet included interim financials through July 31, showing operating income of about $1.3 million for seven months and overall change in…
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