Christopher N. Padgett

The Board of Commissioners discussed various recognition programs, including safety awards and workforce health ratings. They reviewed bids for utility infrastructure projects such as the Boviet Substation and transmission pole relocations. The board addressed a Memorandum of Understanding with Pitt County regarding a Megasite grant for infrastructure studies. Additionally, the Board examined monthly financial statements for multiple funds and adopted the preliminary budget for the upcoming fiscal year, incorporating organizational changes, capital project updates, and adjustments for market merit and benefits programs.

The joint meeting focused on new business regarding recommendations from a classification and compensation study consultant and the consideration of a market adjustment and merit allocation program for the upcoming fiscal year. Additionally, the board reviewed the employer contribution for the 401(k) plan.

The Board meeting included several recognition segments, honoring the Neighbor to Neighbor fundraiser, the American Public Power Association Safety Award of Excellence, and Finance Department awards. Action items addressed included the review of the monthly financial statement and consideration for the adoption of the preliminary fiscal year 2026-27 budget. Additionally, the Board discussed reports from the General Manager and heard remarks from Board members and the Chair.

The meeting agenda included recognition of local fundraising efforts, safety awards, and professional purchasing accolades for the finance department. Action items consisted of a review of the monthly financial statement and the consideration of the adoption of a preliminary budget for the upcoming fiscal year. Informational items included a report from the General Manager, remarks from board members, and a report from the Board Chair.

The meeting includes the consideration of recommendations from the classification and compensation study consultant, the consideration of the market adjustment and merit program for the 2026-2027 fiscal year, and a review of the employer 401(k) contribution.