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PUC chair tells committee FY27 budget shortfall will require choices on work and fees
Summary
PUC Chair Ed McNamara told the House committee the commission's proposed FY27 budget is roughly $5.3 million versus projected revenues of $4.4 million, driven mostly by salaries; he warned reserves may be exhausted by FY29–FY30 and suggested revenue or fee changes will be necessary.
Ed McNamara, chair of the Public Utility Commission, gave a high-level overview of the PUC's FY27 budget and capacity concerns, telling the committee the proposed budget is roughly $5.3 million—about a 2.8% increase over FY26—and is largely funded from a gross receipts tax on regulated utilities and application fees.
McNamara said projected revenues for FY27 are about $4.4 million (mostly gross receipts…
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