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Commission defers action on audit of Austin Energy district cooling system as utility pursues consultant review
Summary
After prolonged discussion and proposed resolutions, the Resource Management Commission did not pursue a formal audit vote; Austin Energy staff said PFM will assess options for the district energy and cooling system with a deliverable expected by Oct. 1.
The Resource Management Commission debated whether to request a city-auditor review of Austin Energy’s District Energy and Cooling (DEC) system but chose not to take action at this meeting after staff described an ongoing consultant assessment.
Lisa Martin, Austin Energy chief operating officer, told commissioners the utility has engaged the city’s financial advisor, PFM, to assess potential options for the system and to deliver a report by Oct.…
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