Loading...
HomeMy WebLinkAboutMinutes - October 30, 2012 SSLODI CITY COUNCIL SHIRTSLEEVE SESSION CARNEGIE FORUM, 305 WEST PINE STREET TUESDAY, OCTOBER 30, 2012 A. Roll Call by City Clerk An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, October 30, 2012, commencing at 7:05 a.m. Present: Council Member Hansen, Mayor Pro Tempore Nakanishi, and Mayor Mounce Absent: Council Member Johnson, and Council Member Katzakian Also Present: City Manager Bartlam, City Attorney Schwabauer, and City Clerk Johl B. Topic(s) B-1 First Quarter Fiscal Year 2012/13 Water, Wastewater, and Electric Utility Department Financial Reports (CM) City Manager Rad Bartlam provided a brief introduction to the subject matter of the quarterly updates from the water, wastewater, and electric utilities. Deputy Public Works Director Larry Parlin provided a PowerPoint presentation regarding the first quarter water and wastewater utility department report. Specific topics of discussion included water and wastewater cash flow summary, operating results, cash balances, bad debt write off, and activities. In response to Mayor Mounce, Deputy City Manager Jordan Ayers confirmed that bad debt write off has decreased due partially to the recent billing collection adjustments. In response to Council Member Hansen, Mr. Parlin stated there were two instances in which the Lodi Energy Center utilized more than its daily water allowance for testing purposes unbeknownst to the City. Mr. Parlin stated that, while the City will have no problem meeting its current contractual obligations for water, the City and the Lodi Energy Center should look at additional storage options in the event that the Lodi Energy Center has a greater need for water in the future. Mr. Bartlam stated the new plant testing at Lodi Energy Center requiring more than the daily allowance is not anticipated to be a regular occurrence. In response to Mayor Pro Tempore Nakanishi, Mr. Parlin stated currently after the water is treated one-third is utilized by the farmers, one-third is utilized by the Lodi Energy Center, and the remaining one-third is sent out to the Delta. In response to Council Member Hansen, Mr. Parlin confirmed it may be prudent to eliminate, if possible, future discharge to the river and the Delta to alleviate the City from regulatory discharge obligations. In response to Mayor Pro Tempore Nakanishi, Mr. Parlin stated that, while he is not aware of any utility in San Joaquin County that is currently storing wastewater, Modesto in Stanislaus County is storing wastewater. In response to Council Member Hansen, Mr. Parlin stated there has been only one minor sewage system overflow and overall they are doing very well on spills. In response to Mayor Pro Tempore Nakanishi, Mr. Bartlam stated staff is researching the citizen Continued October 30, 2012 correspondence received regarding San Mateo utility rates and will respond accordingly. Mayor Mounce suggested releasing comparative utility rate information, as well as an Energy Cost Adjustment (ECA) update, for public awareness purposes. Electric Utility Director Elizabeth Kirkley provided a PowerPoint presentation regarding the first quarter electric utility department report. Specific topics of discussion included electric fund operating results, cash balances, power supply costs, power sales, ECA revenue, billing statistics, bad debt write off, general operating reserve (GOR), open position, and accomplishments. In response to Mayor Mounce, Ms. Kirkley and Mr. Ayers stated the decrease in the cash on hand amount is due to a debt service payment and a requirement to keep funds in specific securities. In response to Mayor Pro Tempore Nakanishi, Mr. Ayers stated the debt service is approximately 12% of the total expenses and does fluctuate slightly. In response to Mayor Mounce, Ms. Kirkley stated a monthly audit is conducted on the Northern California Power Agency (NCPA) billing to ensure proper charges have been assessed to the City. In response to Mayor Mounce, Ms. Kirkley and Mr. Bartlam stated there have not been any surprises per se with respect to the new Independent System Operator (ISO) billing as it has gone up as expected. Mayor Mounce requested a comparison of related costs for the City before and after the new ISO billing went into effect. A brief discussion ensued between Mayor Mounce, Council Member Hansen, and Mr. Bartlam regarding efforts to mitigate tense interactions between upset utility customers and employees at the Finance Department. In response to Mayor Mounce, Ms. Kirkley confirmed that the Lodi Energy Center cost overrun amount is shared by all project participants. Mayor Pro Tempore Nakanishi requested information regarding how much money is in the GOR, where NCPA invests the GOR, and at what interest rate. In response to Mayor Mounce, Ms. Kirkley stated the ISO tariff amount is going up, as a result the utility is having to put more away, and she will provide the total retainer amount as requested. In response to Mayor Mounce, Mr. Bartlam confirmed that the $1.8 million in the restricted Market Power Purchase security account for future power purchases is also treated as a reserve amount in the event of a participant payment default. In response to Council Member Hansen, Ms. Kirkley stated the open position target amount is an educated guess that varies based upon market conditions and the Risk Oversight Committee's policy and the current 15% is a good place to be right now. In response to Council Member Hansen, Ms. Kirkley stated the updates to the Electric Utility Department's website were done in-house with current staff in an attempt to make the website more user-friendly. In response to Mayor Pro Tempore Nakanishi, Mr. Bartlam stated he will research and provide information regarding the personnel costs for the City's utilities as requested. N Continued October 30, 2012 In response to Ed Miller, Mr. Bartlam stated security -related discussions for storm water are ongoing between the State and local governments and implementation remains a concern. C. Comments by Public on Non -Agenda Items None. D. Adjournment No action was taken by the City Council. The meeting was adjourned at 8:00 a.m. ATTEST: Randi Johl City Clerk AGENDA ITEM A% CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: First Quarter Fiscal Year 2012/13 Water, Wastewater and Electric Utility Department Financial Reports MEETING DATE: October 30, 2012 PREPARED BY: Deputy City Manager RECOMMENDED ACTION: Receive utility financial reports for the first quarter of Fiscal Year 2012/13 ending September 30. BACKGROUND INFORMATION: In accordance with the Lodi Municipal Code, quarterly financial reports are to be prepared for the Water, Wastewater, and Electric Utilities. Highlights of the operations and financial performance of each utility will be presented at the meeting of October 30, 2012. FISCAL IMPACT: None directly related to the preparation of the report. However, the presentation is intended to keep the Council apprised of the financial conditions of the major municipal utilities. FUNDING AVAILABLE: Not applicable. APPROVED: ct4' �� 4'. -"f — V (F Jor n Ayers Deputy City Manager Bartlam, City