Fiscal Year 2012 Budget and 2011 Revisions

April 2010  |  document 2010-11  |  

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The Council is aware of the continued economic challenges facing the four-state region, and the need to maintain healthy financial conditions for the Bonneville Power Administration. Over the past twelve years, the Council has worked with Bonneville to adopt budget agreements resulting in significant savings to the region. Actions taken to accomplish these savings include reducing our workforce, eliminating vacant FTEs, reducing travel costs, slashing contract funding, cutting administrative costs, and curtailing lower-priority activities.

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 made a commitment to exercise fiscal restraint in developing its budget and 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 developed the Fiscal Year 2012 budget utilizing that same cost-containment strategy to hold the projected increase to 2.3 percent at $10,114,000. In order to achieve these goals, we are freezing the number of FTEs in the Council budget while continuing to undertake expanded work and responsibilities in the region.

This budget was adopted by the Council at its meeting in Portland, Oregon on July 14, 2010. Any questions regarding this budget should be directed to Sharon Ossmann, Director of Finance and Administration, at the Council’s central office.

Steve Crow, Executive Director