A budget reduction of $14.6 million was approved Wednesday by the Kansas City, Kan., Board of Public Utilities.
The 2014 budget totals $375 million, which is less than the 2013 budget of $389.6 million.
BPU officials said the reduction reflects fewer capital improvement projects because of a decrease in revenue and higher expenses.
A $250 million capital expenditure to put air quality controls on the Nearman power plant is scheduled for a Unified Government Commission vote at 6 p.m. today.
According to a BPU spokesman, the BPU budget outlines priorities, including:
- Remaining focused on the needs of customers through increased communication and improved business practices;
- Delivering reliable electric and utility service through use of innovative, advanced technology, enforcing reliability standards for all transmission and distribution system components;
- Ensure funding for the Nearman Air Quality Control project;
- Providing good quality and a reliable water supply to the community, including continued construction of the 4 MG water reservoir at Nearman Water Treatment Plant;
- Promoting energy efficiency through customer education;
- Develop a stable financial position utilizing best utility business practices to maintain and improve bond ratings.
According to a spokesman, BPU will continue working to improve internal efficiencies and reduce costs, assist and support community partners and governmental units, and meet and prepare for future customer growth.