Emily Zvorak

The board conducted an executive session to discuss confidential updates, including the CEO update, fiber audit, project finances, and a legal update, alongside a presentation on the annual audit. Key actions included the acceptance of 2025 audit reports and the ratification of a budget amendment for predictive maintenance software. The board passed resolutions regarding the upcoming Annual Meeting of Members, including the appointment of an election processor and an election supervisory committee. Furthermore, the board appointed a member to the Operation Round Up board, reviewed and adopted specific board policies, and adjusted the schedule for the next regular monthly board meeting.

The Board entered an executive session to discuss confidential topics including a CEO update, power supply, Craig Campus, CFC mortgage, proposed rate adjustments, and legal matters. Key actions included the ratification of budget amendments for human resources and engineering software purchases, as well as the adoption of resolutions regarding a debt facility with the National Rural Utilities Cooperative Finance Corporation. The Board approved revisions to Colorado and Wyoming tariffs, implementing rate increases across various service classes effective in April 2026. Additionally, the Board authorized the execution of 60% completion of Craig campus design drawings and received departmental reports covering accounting, engineering, operations, and IT, along with updates on Luminate Broadband and external cooperative association reports.

The board conducted executive sessions to address confidential documents, legal advice, power supply updates, and operational strategies. Financial oversight included a review of the 2025 fiscal year-in-review and monthly statistical reports. The board approved the allocation and retirement of capital credits. Furthermore, extensive revisions and amendments to various board policies were reviewed and enacted to clarify governance, public attendance, and operational procedures. Reports were presented by the CEO and various departments, and administrative discussions included committee participation and director directory content.

The Yampa Valley Electric Association is introducing a new brand identity to mark 85 years of service, centered on a redefined mission, vision, and values. The plan aims to build trust, responsibly serve diverse community needs under the principle 'Here for How You Live,' and cultivate a 'Connected Valley' identity. Its mission is to provide reliable power, personalized service, and meaningful solutions, while its vision is to foster smarter, more resilient energy for future generations. This direction is underpinned by the core values of Integrity, Respect, Presence, and Stewardship.

The Board of Directors meeting commenced with an executive session to consider confidential matters, including a CEO Update, preliminary rate adjustment discussion, Luminate RDOF Update, Yampa Street Parcel Discussion, and a legal update. Following the executive session, key action and discussion items included a presentation on the 2026-2028 Construction Workplan, review of the unaudited financial and statistical reports for December 2025 (including Luminate Fiber, LLC), and approval of 2025 uncollectible accounts write-offs totaling over $103,000 for electric service and damage claims. The board also reviewed and adopted revisions to Board Policy 1-3 GM-Employee Relations regarding public representation, and held discussions regarding Director Attendance policies (1-2 and 1-7). The Yampa Street Parcel Discussion item was tabled. Information items included reports from various departments and Luminate Broadband. New Business included an amendment to increase the People, Member Experience, and Communications budget by $56,000.00 to fund the YVEA down payment assistance program.