KUA Adopts $328 Million Budget

On Wednesday, the Kissimmee Utility Authority board of directors approved a $328 million operating and capital budget for fiscal year 2027. The vote came after board discussions and a public hearing on the budget.

The $328 million budget includes $153 million for fuel and purchased power, which is a slight increase over the current fiscal year. Additionally, it includes $53 million in capital expenditures to fund upgrades to transmission facilities and extend distribution facilities to accommodate growth within the KUA service territory.

The budget authorizes 294.5 full-time equivalent positions, an increase of 2 positions and reflects a four percent market level adjustment for employees.

Other highlights of the FY 2027 budget include:

• $35 million for transfers to the City of Kissimmee, City of St. Cloud, and Osceola County
• Total employee base of 294.5 with an associated payroll of $57 million
• Expected customer growth of 1.7 percent over FY26 projection
• Forecasted energy sales increase of 1.2 percent over FY26 projection

The new budget takes effect October 1, 2026.