Draft Fiscal Year 2012 Budget and 2011 Revisions

May 2010  |  document 2010-07

read full document > (300k PDF)

The Council has a budget agreement with the Bonneville Power Administration for the rate period Fiscal Year 2010 through Fiscal Year 2012.  In that agreement, the Council commits to hold budget increases to an average of 3 percent per year.  The Council’s Fiscal Year 2011 revised budget of $9,891,000 is 2.1 percent higher than the current year 2010 budget of $9,683,000.  The Council’s Fiscal Year 2012 budget has a projected increase of 2.3 percent to $10,114,000. 

Over the past three rate periods, the Council’s budget has remained at its current service level with very conservative inflationary increases.  Our projected budget continues to freeze the number of employees and reduce expenses in order to keep budget increases at 2.3 percent or lower. 

The Council is seeking comments on the proposed draft budget.  In order to be considered at our July 13-14, 2010 meeting in Portland, written comments should be received at the Council’s central office by June 30, 2010.  We also will allow time for oral comment on the budget at the June 8-9, 2010 Council meeting in Missoula, Montana.  In addition, the Council will schedule consultations on request.

The Council expects to adopt the budget at its July meeting and then transmit it to Bonneville.  Any questions on this draft budget should be directed to Sharon Ossmann, Director, Administrative Division, at the Council’s Central Office, 851 S.W. Sixth Ave., Suite 1100, Portland, OR, 97204.

Steve Crow, Executive Director

Use Adobe Reader to view PDF documents