At the NCPPD board meeting on September 29, 2025 the board voted to issue $2 million in revenue bonds. This bond issue will fund the current four-year work plan, which includes the new 85-17 Johnson Ash Grove Hall substation. NCPPD looked at its next 18 months of plant expenditure and came up with over $2.1 million. Over the last several years, plant investments and general operating needs have been sustained through rate and general fund support. For more information about the revenue bond issue can be found in the General Manager section of the November/December 2025 newsletter.
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