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File #: 18607-24a    Version: 1
Type: Budget Item Status: Business
File created: 3/25/2024 In control: Board of Public Utilities
On agenda: 4/3/2024 Final action: 4/3/2024
Title: Presentation on Settlement Investment Guidance
Presenters: Karen Kendall
Indexes (Council Goals): Quality Governance - Fiscal Stewardship, DPU FY2022 - 2.0 Achieve and Maintain Excellence in Financial Performance
Attachments: 1. A - Settlement Investment Guidance Presentation

Title

Presentation on Settlement Investment Guidance

Body

Presentation by the Deputy Utility Manager,  Finance & Administration to recommend investment guidance on the Uniper settlement funds.

 

Next Steps:  Request approval at the April 17th BPU meeting for the following three items:

    1.  Settlement Investment Guidance

    2.  Budget Revision to recognize proceed revenue in the "Other Judgements/Settlements" and Interest Income

    3.  Update to the FY2025 Strategic Focus Areas, Goals & Objectives 2.3 Objective relating to debt coverage ratio

 Attachments

A - Settlement Investment Guidance Presentation