BUSINESS OPERATIONS – OCTOBER 15, 2017

Michelle Miles, Recipient of ARPA’s 2016 Tom Pryor Award: Michelle Miles, ARPA Board member representing the City of Trinidad, and Trinidad City Council member, was officially presented the 2016 Tom Pryor award at the ARPA board meeting on September 28 in Trinidad. The Tom Pryor award, named in memory of the late Tom Pryor who served on the La Junta Utilities Board and ARPA Board of Directors for many years, is presented to an official, employee, citizen, or customer of an ARPA member electric utility system who displays commendable efforts in promoting the mission of public power in an ARPA member community.

2018 Budget Available for Inspection by the Public – Hearing Date Set by Board of Directors: The proposed 2018 Budget for the Arkansas River Power Authority will be available for public inspection beginning November 8th at the City Clerk’s office in each member city. Any interested elector in an ARPA member community or electricity consumer of an ARPA member (Holly, La Junta, Lamar, Las Animas, Springfield and Trinidad, Colorado) may register objections to the proposed budget prior to its final adoption. The ARPA Board of Directors will hold a public hearing on the proposed budget at the Otero Junior College Student Center, 2001 San Juan, La Junta, CO., on Thursday, December 7, 2017.

Summary of August 2017 Financial and Operating Statements:  During the month of August, total operating revenues were less than budget by 2.4%. Total cost of goods sold were under budget 5.5% and A & G expenses for the month were over budget 3.5%. There were net revenues of $505,593 for the month. Total Revenues YTD are better than budget by 3.4%. Member sales for August were 6.5% less than August of 2016, and less than budget by 2.2%. Member Sales YTD are about 3.5% better than budget and total net revenues of $2.5 million YTD, are well above budget.

NMPP Energy- Municipal Energy Agency of Nebraska: Bob Poehling, Executive Director and CEO of NMPP Energy and Tim Sutherland, Director of Wholesale Operations for MEAN (Municipal Energy Agency of Nebraska) gave a presentation on the membership they service and the services provided through their organization. NMPP Energy is a Joint Action Agency similar to ARPA. MEAN is the division within NMPP that provides wholesale power and transmission services to its member utilities. NMPP/MEAN provide services over a multi-state area and MEAN provides wholesale electric service to thirteen Colorado Municipal Utilities and to 69 communities in total.

ARPA has been a member of NMPP Energy for several years and continues to have representatives serve on the MEAN Management Committee.

Next ARPA Meeting: The next regularly scheduled ARPA board meeting is Thursday, October 26, 2017 beginning at 9:00 AM. The meeting will be held by WebCast. ARPA board meetings are open to the public. If any member of the public wishes to participate, please call (719) 336-3496 for additional information.

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