Fayetteville PWC plans to reduce its budget by $25.8 million
The Fayetteville Public Works Commission plans a $439.1 million budget for the fiscal year that starts July 1, a decrease of $25.8 million from this year’s budget, which is $464.9 million.
Audit report shows PWC met key financial performance goals
Fayetteville’s hometown utility received a financial update at a Public Works Commission meeting Wednesday, where accountants reported that PWC had passed its audit review and achieved an …
Florida utility veteran named new CEO of Public Works Commission
Timothy Bryant has been named the new CEO and general manager of Fayetteville Public Works Commission, the utility announced Friday. Bryant brings more than 25 years of utility experience to PWC and is the utility’s 10th CEO. Bryant will begin work Aug. 14, according to a news release.
PWC cites inflation for reasoning behind proposed rate increases for residents
Fayetteville Public Works Commission officials said inflationary pressures made rate increases necessary for electric, water and sewer services for city residents. The proposed rates, which would go into effect in May, are estimated to increase the monthly costs for a typical family by $12.97.
Fayetteville PWC hopes to have new CEO hired by sometime in April
The board of Fayetteville’s public utility hopes to have a new CEO in place by April. Ronna Garrett, chairwoman of the Fayetteville Public Works Commission, said during the board’s monthly meeting on Wednesday that the utility has been working with Polyhire, an executive recruitment firm.
Fayetteville PWC receives clean audit report in financial review
Fayetteville PWC on Wednesday received “a clean, unmodified opinion” on its annual audit report for fiscal year 2022. Members of the Public Works Commission were presented with highlights of a financial review and audit report during their monthly meeting.
Interim CEO says Fayetteville utility moving forward during transition period
The interim CEO of Fayetteville’s public utility, presiding at his first board meeting on Wednesday, praised his leadership team for working together during a period of transition. Mick Noland was named interim CEO and general manager of the Public Works Commission after the resignation of Elaina Ball effective Sept. 2.
More utility Coverage
Fayetteville PWC considering new rate options to boost conservation, growth
Fayetteville’s public utility is considering changes to its rate structure to encourage conservation of electricity as well as economic development. The Fayetteville Public Works Commission met Wednesday to discuss proposed electric rate options that would take effect after 2024.
Fayetteville PWC passes budget that raises water rates, holds electric rates steady
Water rates will increase next year for customers of the Fayetteville Public Works Commission after the board unanimously approved the utility’s budget for fiscal year 2022-23. The cost of electricity will not change.