April 10, 2012 – MEDIA ADVISORY
Contact: Rebecca Irwin, 510-814-6419
Alameda Municipal Power to Host Budget Workshop, Recommendation for Third Year of 5-year Rate Adjustment Plan to Follow
The public is invited to attend Alameda Municipal Power’s (AMP) budget workshop on Monday, April 16 at 4 p.m. at the Alameda Main Library, 1550 Oak St. As part of the open budget process, AMP staff will present the City of Alameda’s Public Utilities Board with its proposed budget for the 2013 fiscal year and seek the Board’s input on the document.
WHAT: AMP Budget Workshop
WHEN: Monday, April 16, 4 p.m.
WHERE: Alameda Main Library 1550 Oak St., Alameda
The final budget for the 2013 fiscal year will be approved by the Board on June 25.
At 7 p.m., AMP staff will present the third year of the five-year rate adjustment plan to the Public Utilities Board at its regular monthly meeting at City Council Chamber, City Hall. The five-year rate plan was conceptually approved by the Board in 2010 and was designed to avoid anticipated rate spikes due to increased power costs and comply with financial guidelines adopted by the Board.