Revenues: 

All fee based revenues are trending below budget due to the COVID-19 pandemic. Projections based on current trends estimate a $750,000 deficit at year-end.

Expenses:

WPS Administration recognized early in the year the financial pressures imposed by the COVID-19 pandemic. In response to these pressures, WPS adapted quickly and deployed very stringent cost mitigation measures to reduce discretionary spending. While significant costs were incurred to procure personal protective equipment, savings were realized in forgone travel, training, community outreach programs, and other initiatives. The net impact of these temporary cost mitigation measures has realized a net savings of $750,000. The WPS Administration has taken a very proactive approach to mitigate a budget variance and will continue to do so.