Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2017-496    Version: 1 Name:
Type: Action Item/Other Items Status: Passed
File created: 11/20/2017 In control: Board of Directors
On agenda: 12/18/2017 Final action: 12/18/2017
Title: Resolution - Approval of 2018 Operating Budget - T Golden
Related files: 2017-502, 2017-477, 2017-506

Title

Resolution - Approval of 2018 Operating Budget - T Golden

 

Other Info

Submitted By: Tracy Golden                     

Department: Financial Services

Financial Impact and Cost/Benefit Considerations:  Controllable expenses of approximately $113,153,000, and $270,000 in new deferrals and $412,600 unclaimed funds as presented in the 2018 budget.

 

Discussion

The Board may consider and adopt an operating Budget for calendar year 2018.

 

Body

BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative adopt the Operating Budget as presented this day for calendar year 2018; and

 

BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is authorized to take all such actions as needed to implement this resolution.