Board Approves 2024 Budget

On Oct. 2nd the Jefferson County PUD board of commissioners unanimously approved a $70.2M annual budget for 2024. This is the second largest budget in the PUD’s 11 years of providing electric service.  

Expenses include $15.1M toward rural broadband buildout, $6.5M for electrical system capital improvements including transformer and regulator replacements, and $1.5M for water infrastructure improvements. 

The 2024 budget accounts for a 4.5% rise in operating expenses which covers fleet growth and maintenance, increases to the tree trimming budget, and staff growth. The 2024 budget is an overall 8.6% decrease from the 2023 budget due to completion of large infrastructure projects.

2024 marks the end of a 4-year cycle of rate increases with electric customers seeing the final rate increase of $2.50 per month beginning July 5, 2024. See the full electric rate schedule here.

Water customers will see a rate increase of $2.61 per month beginning January 5, 2024. Increases are based upon a 2021 rate study with recommendations approved by the board in 2022. See the full water rate schedule here.

Budget available on: jeffpud.org/budget