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Budget correction flips utility forecast to surplus; hydrogeneration estimate climbs to $1–1.2 million
Summary
Staff told the commission a packet error on purchased power was corrected and shifted the combined 2025 projection from a deficit to a roughly $2 million positive net position; hydrogeneration capital estimates have risen, with a single generator now estimated at about $1–1.2 million.
The Brainerd City Utilities Commission heard a finance update Oct. 28 showing a material correction to the packet numbers and fresh capital estimate pressures on hydrogeneration.
Finance manager Danny Lock said a formula error affecting purchased power was corrected in the handout distributed at the meeting, a change that moved the electric department’s 2025 projection from a deficit into a combined net positive of roughly $2 million across departments. "That error was…
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