A COVID-19 Hit to Public Power? For Some, it’s Not All Bad

At a May meeting of the board of directors of the Brownsville, Texas, Board of Public Works, the utility’s director of finance Mike Perez made an announcement that was perhaps surprising in the middle of a pandemic.

“April was a good month,” Perez said. Revenue was up, in part due to customers staying home and using more electricity. Accounts receivable were “in line” with the same period a year ago, indicating that customers were mostly able to pay their bills. “We are not seeing anything alarming so far,” Perez said.

Over 700 Cash-Strapped Cities Halt Plans to Repair Roads, Water Systems or Make Other Key Investments

More than 700 U.S. cities have halted plans to improve roadways, buy new equipment and complete a wide array of upgrades to water systems and other critical infrastructure, as government officials slash spending to shore up the massive holes in their budgets created by the coronavirus.