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Board reviews utility budget tweaks: $280,000 added to electric; draft appropriation up $347,000
Summary
Hastings Utilities staff told the Advisory Board on Aug. 14 that Draft 2 of the utility budget includes a $280,000 increase in an electric project and reallocations tied to an arc-flash study, producing a net $347,000 rise in requested expenditures from Draft 1.
Hastings Utilities staff told the Advisory Board on Aug. 14 that the department’s Draft 2 utility budget reflects a net increase of $347,000 in requested appropriations compared with the original draft, driven by a revised engineer estimate on an electric project and the closure of a multi-utility arc-flash study.
Larry, the finance staff member who prepared the draft summary, said an updated engineer’s estimate added $280,000 to electric…
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