Chelan PUD unveiled its preliminary budget at its meeting Monday.

READ MORE: Chelan PUD Joins Markets+ to Boost Revenue

Operating Costs Expected to Rise 9%

The PUD said its financial outlook remains strong with a positive bottom line of around $128 million. However, operations costs are expected to increase by about 9%, and operating income from surplus energy revenue is expected to decline by 9% due to lower market price predictions.

Major Projects Driving Expenses

Operations costs are increasing due to major projects, including: A spillway modernization and repair at the Rock Island Dam costing $11.9 million, a contract to trim trees and shrubs a safe distance away from powerlines costing $4.4 million, and $9 million for continued maintenance of hatchery programs and facilities.

See Full Page