Individual displayed categories are rounded; use the plan's reported totals.
Who pays and who benefits
For NBU customers, the planned work spans growth capacity as well as renewal, replacement, reliability and compliance across utility services. In the electric program, NBU lists a new FM 1101/Kohlenberg substation, systemwide extensions and replacement work. Those descriptions show why a capital total cannot be treated entirely as either growth spending or upkeep for existing service.
The electric list includes $9.133 million for a new FM 1101/Kohlenberg substation, $6.896 million for systemwide extensions and $3.532 million for Smithson Valley/systemwide replacement. NBU's plan describes systemwide extensions, transformers and meters as serving growth and replacement needs. The examples identify different kinds of work; they do not establish which financing line pays for any one project.
The plan says NBU customer rates support utility operations, rather than taxes. Its capital funding table lists a new debt requirement, proceeds from earlier debt, impact fees for capital projects and several other sources. The table describes utility-wide financing; it does not assign one source to a named project.
The plan lists a $140.767 million new debt requirement, $49.376 million in prior debt proceeds, $19.205 million in capital project impact fees, $4.476 million in CIAOC or grants, $18.512 million in revenue, $6.272 million in LOB transfer or CIP funding and $5.555 million in TWDB funding.
The displayed funding lines are rounded independently; their sum differs by $0.001 million from NBU's reported total.
Values are the plan's displayed funding lines, not actual bond sales or project-level allocations.
What has to go right
The $140.767 million new debt requirement is a planning figure that may differ from debt issued. Whether the planned mix holds depends in part on project timing and the financing NBU ultimately completes. The year-to-year drop already reflects changed schedules and assumptions, so the next borrowing records matter more than treating the plan's debt requirement as a completed sale.
What the records don't say
A project-by-funding-source schedule would let customers see which growth and replacement projects draw on debt, impact fees or other money. Final debt issuance records would establish what NBU actually borrowed and the sale terms. Readers can use the capital and funding tables in NBU's financial plan as the baseline for checking those later records.
