Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Municipal Utilities topic

No spam. Unsubscribe anytime.

Rolla Municipal Utilities reports second-quarter operating loss amid higher power costs and tornado expenses

Rolla City Council · May 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

RMU General Manager Rodney Bourne told the council that RMU had a 2nd-quarter operating loss of $774,648 (up $424,555 year-over-year) and a net loss through Q2 of ($4,332), attributing the decline to increased purchased power costs and expenses from the March 14 tornado.

Rolla — Rolla Municipal Utilities (RMU) presented its second-quarter financial report at the May 19 Rolla City Council meeting, reporting an operating loss and higher expenses tied to purchased power and storm-related costs.

RMU General Manager Rodney Bourne said the utility recorded an operating loss of $774,648 through the second quarter of 2025, an increase of $424,555 from the same period a year earlier. Bourne reported total operating expenses through Q2 of $18,748,450 and said the total net loss through the second quarter was ($4,332). He attributed the deterioration to higher purchased power costs and to expenses from the March 14 tornado.

Why it matters: Operating losses at a municipal utility can influence future rate-setting, capital planning and budget conversations. Council and staff will likely monitor Q3 results, purchased power contracts and recovery from storm-related damage to assess whether rate adjustments or budget changes are needed.

Next steps: The council received the report; no formal action on RMU finances was recorded at this meeting.