Published November 30, 2018

THE LAWRENCEBURG UTILITY SYSTEM BOARD OF DIRECTORS HELD ITS REGULAR MONTHLY MEETING THURSDAY EVENING.  BOARD MEMBERS DISCUSSED AND APPROVED A PROPOSAL TO CONDUCT A THIRD PARTY COST OF SERVICE ANALYSIS FOR THE SYSTEM.  THE LAST ANALYSIS WAS CONDUCTED IN 2010 AND THERE HAVE BEEN RECENT CHANGES IN THE TVA BILLING STRUCTURE. THIS WILL BE A COMPREHENSIVE ANALYSIS THAT WILL BE USED TO ADJUST RATES IN THE FUTURE.  IN OTHER BUSINESS, THE BOARD RECEIVED REPORTS ON REVENUE AND USAGE IN EACH DEPARTMENT AND AN UPDATE ON THE STATUS OF A FINANCIAL AUDIT CURRENTLY IN PROGRESS.  IT WAS ALSO REPORTED THAT THE SYSTEM’S NATURAL GAS VENDOR IS EXPECTING A SPIKE IN GAS PRICES DUE TO RECENT COLD WEATHER. THE SYSTEM WILL ADJUST LOCAL RATES ACCORDINGLY. THE NEXT MEETING HAS BEEN TENTATIVELY SCHEDULED FOR THURSDAY, DECEMBER 27.