The Pulaski Electric System Power Board voted to approve the financial reports for the month of April.
The reports showed only a slight dip in residential consumption but a significant decrease in industrial and commercial consumption across the board in the electric division.
Electric revenue for the month of April was $2,762,177, which was around 21 percent below what had been budgeted for the month.
Around $700,000 of the $1.9 million shortfall in revenues took place in the month of April due in large part to the COVID-19 pandemic.
All yearly figures are favorable to the budget for the broadband division with the lone exception being the broadband revenue of $3,053,356, which is less than 1 percent unfavorable.
The board voted on a measure to accept three bids in regards to the primary substation upgrade that will be part of the 2020-21 fiscal year budget totaling around $860,000.
The original estimate for the project was $700,000, but labor and parts have come in higher than anticipated.
The budget must be approved by July 1st when the new budget year begins.
The power board voted to postpone voting on a meter purchase resolution due to delays caused by COVID-19.
During the 5 p.m. meeting, the board also voted to approve a resolution to request $4,600 in unclaimed property from the state.