Dawson PPD uses bonds to finance big construction projects. These bonds were issued at favorable rates. They will be paid back over several years, by the ratepayers who benefit from the construction projects. These projects have improved the reliability, capacity and efficiency of Dawson PPD’s electric grid.
Dawson PPD is current on its loans and bond payments. The district has an “A” bond rating, which provides access to good interest rates. Equity as a percent of assets is at 68.37 percent; another good indicator of financial well-being.
In the proposed merger, Dawson PPD and the Central Nebraska Public Power and Irrigation District have different business models. Dawson PPD borrows money for improvements. Central saves money before starting improvements. Platte River Public Power and Irrigation District will keep the financials of the businesses separate – meaning that each division of the business is individually accountable.
OTHER NEWS
Dawson PPD plans 80th anniversary celebration
(February 20, 2017) Lexington, Neb. – Dawson Public Power District is planning several activities to celebrate its 80th year in business. The District was organized on February 26, 1937. In partnership with the Dawson County Historical Society Museum, Dawson PPD is...
Board elects 2017 officers
The Dawson PPD Board of Directors has elected to reinstate its officers in their respective positions for the 2017 term. Paul Neil of Cozad will enter his 19th consecutive year as president. Other officers include Pat Hecox of Gothenburg as vice president, Dan...
Working with birds of prey
When you think about hunting, you may imagine a person with a shotgun and his trusty dog by his side. Or, perhaps, an individual high in a tree stand with their bow. But what about an individual who hunts with a hawk? Falconry is the art of hunting with raptors like...