CBT annual report discusses its recent evolution

The Columbia Basin Trust has issued its 2013/2013 Annual Report, entitled Evolving and Empowering, which discusses how the organization has evolved over the last year.

And, of course, it also contains all of the expected details about its financial investments, spending, and program and initiative activities.

A statement said the report discusses the way the CBT has been placing more resources in the hands of communities, supporting them as they make their own choices on issues that affect their futures and empowering them to see those choices result in positive outcomes. This approach allows CBT to be more strategic in how it supports communities in their efforts to address priorities.

“We’ve always had programs and initiatives that place decision making in the hands of communities, but have recently been expanding this approach to other areas,” CBT Chairman Greg Deck said in the statement. “We continue to look at implementing this approach wherever it makes sense, and are eager to get more communities on board.”

In 2012/13, CBT returned a record $19.3 million in funding benefits to Basin communities — 11.6 per cent higher than in the previous year. Total revenues were $25.7 million, an increase of $2.7 million over 2011/12, primarily due to greater revenue from two of CBT’s power project facilities.

“Our ability to deliver benefits to the Columbia Basin is attributable to CBT’s strong financial position,” said Neil Muth, CBT president and CEO. “We expect this strength to continue in the coming years.”

To learn more you can read the report online at www.cbt.org/annualreport.

The CBT supports efforts to deliver social, economic and environmental benefits to the residents of the Columbia Basin. To learn more about CBT programs and initiatives, visit www.cbt.org or call 1-800-505-8998.