Oak Creek to consider electric rate study, supplemental budget Thursday

Advertisement

Past Event

Oak Creek Town Board meeting

  • Thursday, August 9, 2012, 7 p.m.
  • Oak Creek Town Hall, 129 Nancy Crawford Boulevard, Oak Creek, CO
  • All ages / Free

More

— A representative of the Nebraska Municipal Power Pool will join the Oak Creek Town Board meeting by phone Thursday to discuss the preliminary findings of an electric rate study that states the town might need to increase rates in the mid-term.

According to the initial report, the town of Oak Creek does not need to increase its electric rates in the next three years.

But after that time, increases bringing customer rates closer to the costs of the service might be necessary to "maintain net income and cash reserves," the report states.

However, given that the utility's cash reserves are well above the recommended minimum, the report notes that it is possible rate increases could be delayed past 2017. The report also states that bringing rates closer to the cost of the service might not entail an increase for some customers.

Oak Creek's biggest electric cost is purchased power, and that cost is projected to continue to increase.

After incorporating feedback from the town, a final report will be issued with recommendations.

Also on the Town Board's Thursday agenda are a public hearing for a supplemental budget, a resolution to adopt the supplemental budget and a discussion regarding the town's hauled water policy.

Comments

Scott Wedel 2 years, 4 months ago

I think the most important item on the agenda is the "revitalization of Decker Park" which includes major changes to the park. Of particular note is the removal of the big slide and changing the playground surface.

The big slide that is an iconic part of the playground is to be removed.

Here is an interesting link to how challenging and, in particular, being above the ground is important for children's development:

http://www.nytimes.com/2011/07/19/science/19tierney.html

I am also concerned that a town that has failed to maintain the gravel (ie occasionally tilling it so that it is softer than dirt) is going to install one of those rubberized surfaces that needs lots of maintenance and will make the playground truly unsafe if not properly maintained.

0

max huppert 2 years, 4 months ago

they should have a bigger slide and keep the gravel, next they will make all the kids put on a helmet,, and they better not raise the electric rates,, better learn to work with what you have. I agree with Scott on this,, !!!

0

Requires free registration

Posting comments requires a free account and verification.