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Independence updates utility finances, AMI approval and power-plant agreements; customer service moves to Municipal Commons

Public Utility Advisory Board (PUAB) · February 20, 2026
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Summary

Officials presented December financials and capital budgets for IPL, water and sewer; reported AMI program manager passed City Council with TMG as vendor, said the Independence Power Partners project needs a lease, an energy management agreement and an EPC contract before phase 1 construction begins, and announced customer-service moves and a tentative city-hall demolition schedule.

Finance and operations staff presented December financial reports and a series of project updates to the Public Utility Advisory Board.

On budgets, staff said IPL's amended operating budget is $157,000,000 with about $83,000,000 used year-to-date; IPL capital projects show an amended total near $51,000,000 with roughly $3,400,000 expended. Water's amended operating budget was reported at about $32,000,000 with roughly $16,000,000 used and approximately $27,000,000 remaining in capital projects. Sanitary sewer amended totals were cited near $35,000,000, with about $17,000,000 used and roughly $21,000,000 in amended capital projects (approximately $2,000,000 used, $19,000,000 remaining).

Operations updates included a sanitary-sludge-thickening project at 60% design intended to improve biosolids removal,…

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