Such a review both alerts the community to any potential areas of concern and helps member communities participating in AMP-Ohio sponsored financings or projects maintain their electric fund's bond-debt covenant obligations. If a review should reveal an area of concern, the community is immediately alerted to the issue. Should it be found necessary for the member to raise rates, AMP-Ohio's finance & accounting program can provide a cost-of-service study to establish the rates necessary to maintain financial soundness as well as to maintain the bond-debt covenant obligations of the member community's electric fund. These electric fund reviews can also be initiated at any time at the request of the member community.

For more information on AMP-Ohio's financial review program, please call Chris Deeter, director of member accounting & finance, at 614/337-6222 or send e-mail to cdeeter@amp-ohio.org