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HomeMy WebLinkAboutMinutes - September 24, 2013 SSLODI CITY COUNCIL SHIRTSLEEVE SESSION CARNEGIE FORUM, 305 WEST PINE STREET TUESDAY, SEPTEMBER 24, 2013 A. Roll Call by City Clerk An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, September 24, 2013, commencing at 7:00 a.m. Present: Council Member Hansen, Council Member Johnson, Council Member Mounce, Mayor Pro Tempore Katzakian, and Mayor Nakanishi Absent: None Also Present: City Manager Bartlam, City Attorney Schwabauer, and City Clerk Johl-Olson B. Topic(s) B-1 Receive Utility Financial Reports for the Fourth Quarter of Fiscal Year 2012/13 Ending June 30. 2013 (CM) City Manager Rad Bartlam briefly introduced the subject matter of the fourth quarter utility financial reports. Deputy Public Works Director Larry Parlin provided a PowerPoint presentation regarding the Public Works quarterly update ending June 30, 2013. Specific topics of discussion included water and wastewater cash flow summary, operating results, cash balances, bad debt write off, operational activities, and regulatory activities. In response to Council Member Johnson, Mr. Parlin stated there was a capital cost savings because projects for main lining and at White Slough did not need to be completed immediately. In response to Mayor Pro Tempore Katzakian, Mr. Bartlam stated the City Council will be receiving a PCE/TCE status update next week. In response to Council Member Johnson, Mr. Parlin stated the leaks associated with the water meter project are stable although Teichert will have to do some follow-up repair work at its own expense. In response to Council Member Johnson, Mr. Parlin stated approximately $20,000 to $30,000 is spent on public education and outreach efforts and staff will continue to participate at the Farmers Market and similar events to bring water conservation awareness. In response to Council Member Hansen, Mr. Parlin confirmed that the permit is issued by the State Water Resources Control Board and it is an unfunded mandate. In response to Council Member Johnson, Mr. Parlin stated the permit process involves data collection by the State, analyzing the data, and a decision as to whether or not the outreach efforts are sufficient or more needs to be done. In response to Council Member Hansen, Mr. Parlin stated the permit is administratively issued and is good for five years. In response to Council Member Johnson, Mr. Parlin stated there are no problems with Flag City. In response to Council Member Hansen, Mr. Parlin provided an overview of the system at the treatment plant by way of controls, security, and alarm systems for operations that are fully technical and electronic -based versus manual. In response to Council Member Hansen, Mr. Parlin stated one full-time contracted temporary position will be eliminated in the near future based on the original plan. In response to Council Member Mounce, Mr. Parlin stated the call-in procedure for the new plant is similar to other existing facilities and overtime may or may not be included based on the employee that responds. Council Member Mounce asked that additional information be provided in the next quarterly update regarding the details of the cash on hand numbers. In response to Mayor Nakanishi, Mr. Parlin stated the City's cash on hand amount is better than most and he will supply the access information about the new treatment plant to the City Council through the City Manager. In response to Council Member Hansen, Mr. Parlin stated the water meters should be fully automated by the end of next year. Electric Utility Director Elizabeth Kirkley provided a PowerPoint presentation regarding the Electric Utility quarterly update ending June 30, 2013. Specific topics of discussion included cash flow summary, reserve policy, cash balances, power sales, Energy Cost Adjustment (ECA) revenue, operating results, power supply costs, billing statistics, bad debt write off, open position, and activities. In response to Council Member Johnson, Mr. Bartlam stated almost every dollar of the public benefit program is planned for and will be spent on projects including capital infrastructure, street light retrofitting, and work at Hutchins Street Square. In response to Council Member Hansen, Mr. Bartlam and Ms. Kirkley stated energy efficiency improvements require both tenant and landlord consent even if they are being paid for by the tenant. In response to Mayor Nakanishi, Ms. Kirkley stated she will forward the Northern California Power Agency annual report card, which sets forth the financial health of its member cities as requested. In response to Council Member Hansen, Ms. Kirkley stated the City Council will receive an update next week regarding the City's current 20% amount for greenhouse emissions and its ongoing effort to achieve the 33% by 2020 as required by law. In response to Council Member Hansen, Ms. Kirkley stated May 2017 is the target in-service date for the 230 kV interconnection project. In response to Council Member Hansen, City Attorney Schwabauer provided a brief overview of the process related to the grievance filed in response to an Electric Utility recruitment of certain positions with reclassified salaries. In response to Mayor Nakanishi, Ms. Kirkley confirmed that the ECA was implemented in 2007, is the most efficient alternative to monthly rate adjustments, and results in a more favorable view from the rating agencies. In response to Council Member Mounce, Mr. Bartlam stated the Lakewood resident matter will be discussed at the October 29 Shirtsleeve Session and the City received a health and wellness grant for $5,000 from the Healthy Eating Active Living Campaign related to the League of California Cities. None. Comments by Public on Non -Agenda Items Adjournment No action was taken by the City Council. The meeting was adjourned at 7:55 a.m. ATTEST: Randi Johl-Olson City Clerk AGENDA ITEM P� A% CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Receive Utility Financial Reports for the Fourth Quarter of Fiscal Year 2012/13 Ending June 30, 2013 MEETING DATE: September 24, 2013 PREPARED BY: Deputy City Manager RECOMMENDED ACTION: Receive utility financial reports for the fourth quarter of the fiscal year 2012/13 ending June 30, 2013. 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 September 24, 2013. Note that the data contained in these reports is prior to our annual audit and is subject to change. 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. Jordan Ayers Deputy City Manager APPROVED: Electric Utility Department IFY 13 Quarterly Update (Ending June 30, 2013) City Council Shirtsleeve Session September 24, 2013 Electric Fund Cash Flow Summary (Ending June 30, 2013) Net Increase (Decrease) Bud et Actuals % of Budg et Sales Revenues 66,424,170 63,229,644 95% Development Impact Fees 200,000 6,226 3% Other Revenues interest, misc 3,829,820 2,796,121 73% Total Revenues 70,453,990 66,031,991 94% Purchase Power 39,066,260 38,118,432 98% Non Power 10,204,530 9,321,942 91% Capital Projects 1,417,000 1,291,454 91% Debt Service 8,306,330 8,721,831 105% Cost of Service 2,856,390 2,856,390 100% In -lieu Transfer to General Fund 6,976,670 6,976,670 100% Total Expenses 68,827,180 67,286,719 98% Net Chg in Bal Sheet Accts 5,796,328 Net Increase (Decrease) 1,626,810 4,541,601 Beginning Local Cash Balance 8,694,211 8 694211 Ending Local Cash Balance 10,321,021 13,235,812 GOR Balance 8,761,966 Total Reserve Balance 21,997,778 Reserve Policy Target 24,400,000 % of Target 90% 2 Electric Utility Reserve Policy (Ending June 30, 2013) Operating Reserve 90 Das Cash $ 17,200,00 $ 13,235,812 Capital Reserve Largest Distribution System Contingency $ 1,000,000 NCPA General Operating Reserve NCPA Identified Items $ 6,200,000 $ 5,270,130 NCPA MPP/GPP Balance MPP/GPP Securit Commitments $ 3 491 836 Total Target $ 24,400,000 $ 21,997,778 Electric Funds Cash Balances (Ending June 30, 2013) M Operating (160) $ 0 31906,303 Utility Outlay Reserve Fund (161) $ 476,866 Electric Rate Stability Reserve (162) $ 21157,205 Public Benefits Fund (164) $ 41113,940 IMF EU Substation and Transmission (165) $ 659,812 Solar Surcharge Fund (166) $ (93,890) Environmental Compliance (168) $ 21015,576 NCPA — General Operating Reserve (GOR) $ 81761,966 Total $ 21,997,778 El Power Sales (Ending June 30, 2013) July 2012 0 0 321 363 August 2012 0 0 378 332 September 2012 0 6 247 222 October 2012 66 91 76 54 November 2012 289 360 0 0 December 2012 549 603 0 0 January 2013 644 595 0 0 February 2013 455 407 0 0 March 2013 221 324 0 0 April 2013 77 190 46 17 May 2013 11 60 135 102 June 2013 0 7 281 230 FY13 Total 2312 2643 1484 1 1320 ECA Revenue (Ending June 30, 2013) Residential $ (976,819) $ 413,363 $ 762,558 $ 165,900 $ 365,001 Small Commercial $ (850,736) $ 390,157 $ 743,678 $ 190,530 $ 473,629 Large Commercial/Small Industrial $ (254,377) $ 131,982 $ 232,403 $ 54 650 $ 164,658 Industrial $ (436,044$ 72,335 $ 198,017 $ 503,273 $ 337,580 Total ECA Revenue $ 2,517,976 $ 1,007,836 $ 1,936,656 $ 914,353 $ 1,340,869 C� Electric Fund Operating Results (Ending June 30, 2013) Personnel $ 5,468,750 $ 5,200,232 95% Supplies, Materials Services $ 2,210,720 $ 1,566,132 71% Equipment, Land, Structures $ 911,800 $ 1,015,667 111% Other Payments $ 1,554,480 $ 1,492,004 96% Utilities $ 58,780 $ 47,907 82% Total Operating Expenses $ 10,204,530 $ 9,321,942 91% Power Supply Costs (Ending June 30, 2013) Generation $ 31,517,160 $ 35,793,446 114% Transmission $ 81949,490 $ 61913,169 77% Management Services $ 172907670 $ 11401,391 109% Third Party Revenue $ 2,691,060 $ 519891574 223% Adjustments TOTAL $ 39,0669260 $ 389118,432 98% Billing Statistics (Ending June 30, 2013) Residential 149,173y856 $ 25,047,697 $ 0.1679 Small Commercial 152,873,821 $ 24,310,122 $ 0.1590 Large Commercial/Small Industrial 40,144,007 $ 6,309,109 $ 0.1572 Industrial 92,239,869, $ 10,757,242, $ 0.1166 TOTAL 434,431,5531$ 66,424,1701$ 0.1337 0.1529 Residential 151,814,83 $ 25 377 977 $ 0.1672 Small Commercial 152,534,226 $ 23,677,716 $ 0.1552 Large Commercial/Small Industrial 46,379,962 $ 6,198,971 $ 0.1337 Industrial 85,093,443, $ 7,974,979, $ 0.0937 TOTAL 435,822,4651 $ 63 229,644 $ 0.1451 Bad Debt Write Off (Ending June 30, 2013) 10 FY14 Open Position 11 46,698 0.0% 16,117 0.0% 30,581 0.0% 47,316 0.0% 15,759 0.0% 31,557 0.0% (7,401) 41,013 -18.0% (3,438) 15,702 -21.9% (3,963) 25,311 -15.7% (9,130) 35,726 -25.6% (3,984) 12,268 -32.5% (5,146) 23,458 -21.9% (3,565) 33,231 -10.7% (2,899) 11,858 -24.4% (666) 21,373 -3.1% (6,636) 35,434 -18.7% (4,414) 13,871 -31.8% (2,222) 21,562 -10.3% (8,686) 35,494 -24.5% (5,665) 13,022 -43.5% (3,021) 22,472 -13.4% (6,825) 31,639 -21.6% (3,397) 11,243 -30.2% (3,428) 20,396 -16.8% (9,285) 34,136 -27.2% (5,729) 12,734 -45.0% (3,556) 21,402 -16.6% (9,163) 33,625 -27.3% (5,933) 11,623 -51.0% (3,230) 22,002 -14.7% (9,635) 37,231 -25.9% (6,342) 13,155 -48.2% (3,293) 24,076 -13.7% (9,927) 40,804 -24.3% (5,814) 14,588 -39.9% (4,113) 26,216 -15.7% FY Total (80,253) 452,347 00 (47,615) 161,940 -29.4% (32,638) 290,406 -11.2% Bal Yr Total (80,253) 358,33 -22.49% (47,615)1 130,064 -36.6% (32,638) 228,268 -14.3% 11 Electric Utility Activities • 230 kV Interconnection Project • Cap &Trade/Green House Gas (GHG) • Renewable Portfolio Standard (RPS) • Distribution System Patrols/Inspections • OH/UG Maintenance Programs • Energy Theft Diversion Program • Staffing 12 V t 4 Public O Water/Wastewater IFY 13 Quarterly Update (Ending June 30, 2013) City Council Shirtsleeve Session September 24, 2013 Wastewater Fund Cash Flow Summary (Ending June 30, 2013) Sales Budget 13,873,500 Actuals 13,747,216 % of Budget 99% Development Impact Mitigation Fees (wastewater & storm) 82,740 29,337 35% Other (interest, septic, misc.) 279,040 528,878 190% Total Revenues Operating 14,235,280 6,395,240 14,305,431 5,532,601 100% 87% Capital 2,763,657 1,095,686 40% Debt Service 4,128,650 4,097,514 99% Cost of Services Payment To General Fund 1,451,480 1,451,480 100% Total Expenses 14,739,027 12,177,281 83% Beginning Cash (Operations Only) 4,733,864 Ending Cash (Operations Only) 6,485,042 Days Cash (For Operations) 339 Days Cash Target 90 % of Target 376% 2 Wastewater Operating Results (Ending June 30, 2013) Personnel $ 3,239,330 $ 2,999,428 93% Supplies, Materials, Services $ 2,049,890 $ 1,568,705 77% Equipment, Land, Structures $ 101,000 $ 35,863 36% Other Payments $ 205,120 $ 230,372 112% Utilities $ 707,400 $ 683,508 97% Work for Others $ 92,500 $ 141725 16% Total Operating Expenses Is 6,395,240 $ 5,532,601 87% Wastewater Funds Cash Balances (Ending June 30, 2013) E Operating (170) I 694859042 Utility Capital / Infrastructure Replacement (171) 690979456 Capital Reserve (172) (Fund used to pay White Slough COP Debt Service) Wastewater I M F (173) 2 159766 Rate Stabilization Reserve (174) 5009000 Storm Drain IMF (175) 597,248 Total 14,373,706 Water Fund Cash Flow Summary (Ending June 30, 2013) Sales Budget 12,419,950 Actuals 12,441,039 % of Budget 100% Development Impact Mitigation Fees 19,670 2,529 13% Other (interest, tap fees, water meters, misc.) 2,376,940 2,692,201 113% Total Revenues im Operating 14,816,560 6,091,510 15,135,769 5,433,735 102% i 89% Capital 18,250,841 13,556,708 74% Debt Service 2,968,610 2,988,136 101% Cost of Services Payment To General Fund 1,060,120 1,060,120 100% Total Expenses 28,371,081 23,038,699 81% Beginning Cash (Operations Only) 15,064,674 Ending Cash (Operations Only) 8,279,037 Days Cash (For Operations) 465 Days Cash Target 90 % of Target 517% Water Operating Results (Ending June 30, 2013) Personnel $ 2,236,450 $ 2,172,490 97% Supplies, Materials, Services $ 11418,500 $ 1,035,181 73% Equipment, Land, Structures $ 48,000 $ 45,857 96% Other Payments $ 1,351,280 $ 1,377,987 102% Utilities $ 731,280 $ 669,715 92% Work for Others $ 306,000 $ 132,505 43% Total Operating Expenses $ 6,091,510 $ 5,433,735 89% C� Water Funds Cash Balances (Ending June 30, 2013) Bad Debt Write Off (Through June 30, 2013) Water / Wastewater Utility Activities Operational ■ Water Distribution ■ Water Production ■ Collection System ■ Wastewater Treatment Regulatory • SSO's ■ Discharge Violations ■ Monitoring and Reporting ti�