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 Board Subdivision Boundaries Redrawn
The Dawson Public Power District Board Subdivision Boundaries were redrawn in response to population data collected by the 2020 Census.
Fresh off the farm
Raw milk is a trend that consumers are starting to latch on to, but it can be difficult to find a supplier. Fortunately for central Nebraska, The Milk House serves high quality, nutritious raw milk with the help of its six Jersey and Jersey-cross cows. Rancher...
The pros and cons of overhead and underground power lines
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