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Kansas City Board of Public Utilities Board Approves 2024 Annual Budget

The Kansas City Board of Public Utilities Board of Directors approved its 2024 annual budget for the municipal electric and water utility at its Dec. 20 Board meeting.

The 2024 budget totaling $392.4 million is approximately $2.9 million more than the 2023 budget of $389.5 million. The increased budget of 0.74% is mainly the result of higher personnel and professional services costs.

When looking to 2024, BPU’s major goals and priorities will include, among other things, the following:

  • Provide cost effective, safe and reliable utility services, including efficient operation of electric and water production and distribution facilities within an aging infrastructure. Ensure delivery systems are adaptable and sustainable to support changes in future supply sources, while operating and maintaining utility assets in a safe, dependable, and cost-efficient manner;
  • Ensure continued fiscal sustainability by effectively managing debt service coverage, cash-on-hand, and credit ratings through open and transparent fiscal and budget policies;
  • Maintain policies and operating procedures that meet the requirements of a broad customer base – ensuring best-in-class utility service including customer satisfaction, issue response and resolution, etc.

A full list of the utility’s goals and priorities for 2024 is available here.

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