ESTABLISHED 1879 | COLUMBUS, MISSISSIPPI CDISPATCH.COM 75 ¢ NEWSSTAND | 40 ¢ HOME DELIVERY TUESDAY | JUNE 25, 2019 SUMMER MEALS FOR STUDENTS After multi- year deficits, CLW adds to its reserves Columbus utility provider hits the brakes on internet service BY MARY POLLITZ
[email protected] After taking hits in last two fiscal years, Columbus Light and Water expects to see a prof- it for the Fiscal Year 2020. Executive Director Todd Gale said CLW has taken funds from its reserves to make up for lost revenue the past few years. After dipping into more than Gale $800,000 in reserves, Gale said the board decided to increase its customer rates last October. “We were zero or negative,” Gale said. “We had to do some- thing. After it’s all said and done, we’re hoping to make $145,000. That would go towards building our surplus account we’ve been Bernsen using for the last few years.” Courtesy photo Gale said thanks in part to last year’s 2.7 percent rate increase, the CLW will start to add to its reserves rather than rely on them. Columbus, Starkville participate in federal “We had a fairly substantial rate increase,” Gale said. “(Tennesse Vallety Authority) had a rate increase. We had to have it because low to no growth as far as sales. As far as numbers of program to combat summer food insecurity customers, that’s staying flat. People aren’t us- ing as much electricity and we have fixed costs that need in times when kids can’t such as personnel.” More than 1,400 children access free (or) reduced meals like CLW has almost 12,500 electric customers they can in school.