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San Diego Community Power reports $319 million cash, positive $7.4 million net position through May
5692677 · August 22, 2025
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Summary
Director of Finance reported the agency held $319 million in cash at May 31, finished the period with a $7.4 million positive net position and remains debt-free with a $251 million committed line of credit available.
San Diego Community Power reported the agency had $319 million in cash on hand as of May 31, 2025, and a positive net position of roughly $7.4 million for the fiscal period, Director of Finance Timothy Mangumont told the Finance & Risk Management Committee.
Mangumont said those results were favorable compared with the budget…
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