Each year, LCRA staff prepares business and capital improvement plans that outline how LCRA will allocate its staff, funds, and other resources to carry out its mission of providing energy, water, and community services to the people of Texas. The staff follows priorities set by the LCRA Board of Directors and management. The business plan is LCRA’s budget for fiscal year (FY) 2012 beginning July 1, 2011.
Each year’s business plan includes goals and objectives set for the entire LCRA organization and discusses specific actions for each of LCRA’s five business units: Wholesale Power Services, Transmission Services, Water Services, Community Services and Corporate Services. Though the plan focuses on the upcoming fiscal year, it also includes financial information for LCRA and its business units for the coming five years.
LCRA also publishes a business plan for its nonprofit corporation, LCRA Transmission Services Corporation, which owns and manages LCRA’s electric transmission assets and operations.
The business plan includes information on LCRA’s sources and uses of revenues, as well as factors that will affect LCRA’s rates and fees for its electric, water and community services.
Read the LCRA business and capital plans:
The graph below summarizes the sources of LCRA’s total projected revenues for FY 2012 and how they will be used during the fiscal year. The graph on the bottom also reflects revenues and expenses for FY 2012, but it excludes fuel and purchased power revenues and expenses. This provides a more detailed look at nonfuel expenses forecasted for the upcoming fiscal year.
