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San Diego Community Power treasurer reports reserves, liquidity meet targets; committee receives report

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Summary

The FMRC received and filed the treasurer’s report for the period ending April 30, 2025, showing liquidity, reserves, and participation rates that staff said are generally in line with the amended FY25 budget.

The San Diego Community Power Finance and Risk Management Committee on June 12 received and filed the treasurer’s report for the fiscal period ending April 30, 2025.

The report, presented by Dr. Eric Washington, chief financial officer and treasurer, said year-to-date net operating revenues were essentially on budget, operating expenses were about 2%…

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