![Dawson PPD bond debt 2013-2022 Dawson PPD bond debt 2013-2022](https://dawsonpower.com/wp-content/uploads/2023/02/Dawson-PPD-debt.png)
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
Ask the board: A conversation with Craig Wietjes
Meet Dawson PPD’s Board of Directors Vice President Craig Wietjes.
Robb Hanna promoted to Manager of Information Technology
Former Dawson Public Power District Technology Integration and Security Specialist Robb Hanna has been promoted to Manager of Information Technology.
Budget and policies are discussed at the October board meeting
October 5, 2023 (Lexington, Neb.) – Dawson Public Power District’s board reviewed preliminary budget information at their October meeting on Wednesday. It includes line construction projects, technology upgrades, transformer purchases, increased material costs and a...