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PUBLIC UTILITY BOARDAGENDA ITEM1.a.DATE SUBMITTED MEETING DATE01/05/2017 01/10/20171. Agenda Item: Approval of Minutes for Regular Meeting held December 13, 2016. 2. Party Making Request: 3. Nature

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Under budget refers to spending less money than was originally allocated or planned for a specific project or timeframe.

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The purpose of under budget reporting is to track expenses accurately and identify areas where savings can be made for future projects.

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The information reported under budget typically includes actual expenses, budgeted amounts, reasons for being under budget, and potential implications.

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