Budget Deficit Elimination Program - James Peasley's Record of Protecting Rate Players

By James Peasley

Soon after being sworn into office nearly four years ago I discovered, under the watch of the prior Board of Directors, that Padre Dam was running annual deficits in the millions of dollars. As an advocate of the rate payers this needed to be dealt with and resolved quickly. By making budget reductions and reducing staff by 19% we've been able to save ratepayers millions of dollars annually. Proven results matter!

As a result a Deficit Elimination Program was developed that in its essence saved customers millions of dollars annually and targeted the existing debt to be paid down as well. The program elements are as follows:

Reduced staff by 19%
Lowered capital spending
Cut operating expenses
Decreased employee pension benefits

By making these budget reductions we've been able to save ratepayers millions of dollars annually. Proven results matter! As a rate payer advocate I am proud of that record.

As we face historic drought conditions, it is important than ever to continue to have strong leadership on the Padre Dam Water District Board of Directors.

While wholesale water agencies regional investments to improve our water supply through diversification drive our rising water rates, we've at Padre Dam have worked tirelessly to keep our own costs down and thus minimize customer rate impacts.

With another opportunity to service, I'll continue fighting for fiscal responsibility and for enhanced local water supply reliability and quality.

I would be honored to have your votes on November 4th.