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Board restores electric engineering manager amid debate over depreciation, staffing and rates
Summary
Board voted 6–1 to restore an electric engineering manager position as staff and members debated enterprise depreciation, days of cash on hand and the trade-offs between staffing and building cash reserves ahead of planned capital projects.
The Board of Auburn voted on May 5 to restore the vacant electric engineering manager position after a lengthy discussion about staffing trade-offs, depreciation in enterprise funds and the electric utility's near-term capital needs.
Staff described the electric department's recommended budget and cash position: "Total proposed budget as of right now before we make the adjustment is $75,630,980. It reflects an 8.5 increase," a staff presenter said. The electric fund was reported at about 81 days of cash on hand, below the board�s 90-day benchmark; staff and several aldermen said improving days of cash…
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