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CDE Lightband Budget Approved

By Gary Pitts/Clarksville Leaf-Chronicle

Clarksville, TN – The Clarksville Power Board has unanimously approved CDE Lightband's budget for the next fiscal year. The proposal, approved yesterday, contains no rate hikes and was Superintendent Johnny Piper's last major initiative. The budget relies on operational cuts and strong broadband sales to overcome an $8 million dollar gap left by falling electric profits from the current fiscal year. The Clarksville Leaf-Chronicle reports the rising cost of power is to blame for projected shortfalls.