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LUB Wraps Up 2020 in Final Meeting of the Year : The Prowers Journal


The Lamar Utility Board held its final meeting of 2020 on December 15
th by approving Resolution 20-12-05, adopting a modification to the Charter Appropriation Adjustment, an annual housekeeping action that establishes the adjustment for 2021, according to Light Plant Superintendent, Houssin Hourieh.
Since 2009, a tariff entitled “Charter Appropriation Adjustment” allows the board to recover from its customers, the expense to the board associated with the annual appropriation of electric revenues which go into the City of Lamar’s General Fund.
The calculation is based on the annual budgeted CAA amount that becomes effective on January 1
st following the December approval and the preceding 12 months of CAA energy sales from December 1 to November 30. ....

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