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HomeMy WebLinkAboutMinutes - April 21, 2015 SSLODI CITY COUNCIL SHIRTSLEEVE SESSION CARNEGIE FORUM, 305 WEST PINE STREET TUESDAY, APRIL 21, 2015 A. Roll Call by City Clerk An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, April 21, 2015, commencing at 7:01 a.m. Present: Council Member Nakanishi, Mayor Pro Tempore Chandler, and Mayor Johnson Absent: Council Member Kuehne, and Council Member Mounce Also Present: City Manager Schwabauer, City Attorney Magdich, and City Clerk Ferraiolo B. Topic(s) B-1 Second Quarter Fiscal Year 2014/15 Water, Wastewater, and Electric Utility Department Financial Reports (CM) Electric Utility Director Elizabeth Kirkley provided a PowerPoint presentation regarding the second quarter Fiscal Year 2014/15 electric utility financial reports. Specific topics of discussion included cash flow summary, reserve policy, cash balances, power sales, energy cost adjustment (ECA) revenue, operating results, power supply costs, bad debt write off, load coverage, and activities. In response to Mayor Pro Tempore Chandler, Ms. Kirkley stated that a number of expenses that were eligible for public benefits were not charged to the Public Benefits Fund account and staff will transfer the funds accordingly. In response to Council Member Nakanishi, Ms. Kirkley stated that not all utilities have an ECA and she was uncertain whether private utilities, such as PG&E, have an ECA. City Manager Schwabauer stated that PG&E charges a higher utility rate in order to build its reserve and to cover fluctuations in energy costs. In further response, Ms. Kirkley stated that staff responds to all of John Johnson's questions regarding the ECA each time a request is received. In response to Mayor Johnson, Ms. Kirkley stated that decorative lights can be found in the downtown area and older subdivisions that do not have the Cobra -head style lighting. She stated the decorative lights will be replaced with light emitting diode lights with in-house labor because it is more cost effective to handle with staff. Mr. Schwabauer further responded that a majority of the east side has decorative lights on concrete posts, as well as the downtown and City Hall neighborhoods and through to Ham Lane. Public Works Director Wally Sandelin provided a PowerPoint presentation regarding the second quarter Fiscal Year 2014/15 water and wastewater financial reports. Specific topics of discussion included cash flow summary, operating results, cash balances for the wastewater and water funds, bad debt write off, and activities. In response to Mayor Johnson, Mr. Sandelin reported on the current status of the water meter project, stating that it is currently at 75 percent completion and, out of 16,000 residential customers, only 4,000 remain. In response to Mayor Johnson, Mr. Schwabauer stated that approximately $500,000 in PCE/TCE settlement funding is outstanding from Albertsons/S-Mart, primarily due to unresolved court issues, but lately there has been a lack of cooperation, which the City could force by filing a motion to enforce the settlement. Mr. Sandelin announced that staff will report to Council at its meeting of May 20 on the new water conservation regulations and the discrepancies between the City's data and the State's, along with an explanation for the difference including the City not being fully metered which resulted in higher assumptions. Current data of metered customers over a six-month span has provided more accurate results, and the month of March showed usage at 83 gallons of water per capita per day. Mayor Johnson suggested it would be more productive at this meeting to demonstrate the desired target the City needs to get to in order to achieve adequate conservation. Mr. Sandelin agreed, stating that staff will recommend options for Stage 3 water conservation, which could include reducing watering days or hours, as well as data to better understand how the numbers are calculated and what the City can do to improve those. Mayor Johnson stated that the message needs to be made clear to the public that there could be significant penalties for lack of water conservation. Mr. Schwabauer stated that currently water conservation officers can cite people who water on non -watering days or otherwise violate the regulations. Mayor Johnson stated that citing people for running sprinklers on non -watering days may not be sufficient, adding that he recalled in the mid-1970s that people who used too much water were penalized on their utility bill. Mr. Sandelin stated that the Governor is leaning in that direction, to financially punish people who do not conserve water. Mr. Sandelin provided the following statistics from the last quarter: 1) water conservation officers responded to 413 calls and violations, a majority of which were for flooding, water running into the gutter, and watering on the wrong day; 2) 50 citizens called with complaints; 3) staff responded to 309 customers; and 4) only one citation for $35 was issued. In response to Council Member Nakanishi, Mr. Sandelin confirmed that new residential units in Lodi pay for operating and capital expenses, as well as debt service, but revenue from water and wastewater will increase by only 1 percent, or roughly $2,000, because it is anticipated that only 30 to 40 new homes will be occupied in the next fiscal year. In response to Mayor Pro Tempore Chandler, Mr. Sandelin stated that complaints regarding the taste of the water may be due to those individuals' sensitivity to chlorine. Mr. Sandelin stated that reports can be made by location, in which case staff could flush the system; however, with the current water situation, that may be problematic to do at this time because the process causes water to flood the street. In response to Myrna Wetzel, Mr. Sandelin confirmed that the City of Lodi has a tiered structure for water billing. Ms. Wetzel pointed out that there was a judgment recently that determined this tiered type structure was illegal and questioned what that would mean for Lodi. City Attorney Magdich stated that the judgment in San Juan Capistrano was issued only yesterday, the attorneys are still reviewing the case, and it is likely an appeal will be filed. Mr. Schwabauer added that it is not binding on Northern California; the third district court of appeals has no standing on rates in Lodi; it is a jurisdictional issue; and staff will be discussing the matter with Council. In further response, Mr. Sandelin stated that the 36 percent reduction in water use would be calculated across the city, not on an individual basis. C. Comments by Public on Non-Aaenda Items - None D. Adjournment No action was taken by the City Council. The meeting was adjourned at 7:30 a.m. ATTEST: Jennifer M. Ferraiolo City Clerk 2 AGENDA ITEM 8-d A a CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Second Quarter Fiscal Year 2014/15 Water, Wastewater and Electric Utility Department Financial Reports MEETING DATE: April 21, 2015 PREPARED BY: Deputy City Manager RECOMMENDED ACTION: Receive second quarter Fiscal Year 2014/15 Water, Wastewater and Electric Utility Department financial reports. 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 April 21, 2015. 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. C=4e Jordan Ayers Deputy City Manager Public Works Department Water/Wastewater IFY 15 Quarterly Update (Ending December 31, 2014) City Council Shirtsleeve Session April 21, 2015 Wastewater Fund Cash Flow Summary (Ending December 31, 2014) Sales Budget 14,513,620 Actuals 7,269,213 % of Budget 50% Development Impact Mitigation Fees (wastewater & storm) 128,860 43,222 34% Other (interest, septic, misc.) 236,500 218,185 92% Total Revenues M Operating 14,878,980 6,144,090 7,530,620 2,759,287 51% I 45% Capital 12,836,823 1,641,706 13% Debt Service 3,684,380 1,957,892 53% Cost of Services Payment To General Fund 1,068,000 534,000 50% Total Expenses 23,983,293 6,892,885 29% Beginning Cash (Operations Only) 2,272,441 Ending Cash (Operations Only) 4,200,633 Days Cash (Excluding Capital) 147 % of Target 163% Wastewater Operating Results (Ending December 31, 2014) Personnel $ 3,115,650 $ 1,516,446 49% Supplies, Materials, Services $ 2,030,950 $ 761,843 38% Equipment, Land, Structures $ 72,500 $ 11,782 16% Other Payments $ 223,150 $ 197,890 89% Utilities $ 696,840 $ 271,326 39% Work for Others $ 5,000 $ - 0% Total Operating Expenses $ 6,144,090 $ 2,759,287 45% 3 Wastewater Funds Cash Balances (Ending December 31, 2014) E Operating (530) I 4,200,633 Utility Capital / Infrastructure Replacement (531) 10,175,698 Capital Reserve (532) (Fund used to pay White Slough COP Debt Service) (1,450)837) Wastewater IMF (533) 71,542 Rate Stabilization Reserve (534) 5007000 Storm Drain IMF (535) 6867431 Total 14,183,467 M Water Fund Cash Flow Summary (Ending December 31, 2014) Sales Budget 13,070,870 Actuals 6,802,794 % of Budget 52% Development Impact Mitigation Fees 130,250 535 0.4% Other (interest, tap fees, water meters, misc.) 968,330 310,136 32% Total Revenues im 0 Operating 14,169,450 5,601,270 7,113,465 2,559,571 50% 1 46% Capital 6,937,903 1,783,385 26% Debt Service 2,969,860 886,583 30% Cost of Services Payment To General Fund 780,000 390,000 50% Total Expenses 17,329,465 5,619,539 32% Beginning Cash (Operations Only) 6,891,023 Ending Cash (Operations Only) 8,266,078 Days Cash (Excluding Capital) 396 % of Target 440% 5 Water Operating Results (Ending December 31, 2014) Personnel $ 2,082,630 $ 1,087,488 52% Su lies, Materials, Services $ 1,283,580 $ 407,623 32% E ui ment, Land, Structures $ 73,000 $ 19,188 26% Other Payments $ 1,402,660 $ 742,044 53% Utilities $ 664,400 $ 303,228 46% Work for Others $ 95,000 $ - 0% Total Operating Expenses $ 5,601,270 $ 2,559,571 46% 0 Water Funds Cash Balances (Ending December 31, 2014) 7 Bad Debt Write Off (Through December 31, 2014) Water / Wastewater Utility Activities Operational ■ Water Distribution ■ Water Production ■ Collection System ■ Wastewater Treatment Regulatory • SSo's ■ Discharge Violations ■ Monitoring and Reporting 9 Electric Utility Department IFY 15 Quarterly Update (Ending December 31, 2014) City Council Shirtsleeve Session April 21, 2015 Electric Fund Cash Flow Summary (Ending December 31, 2014) "M Budget Actuals % of Budget Sales Revenues 65,214,970 36,108,584 55% Development Impact Fees 100,000 151,868 152% Other Revenues interest, misc 2,902,080 2,002,626 69% Total Revenues 68,217,050 38,263,078 56% Purchase Power 39,552,170 21,263,634 54% Non Power 11,020,060 4,653,888 42% Capital Projects 2,607,160 537,594 21% Debt Service 8,196,050 6,702,976 82% Cost of Service/transfer to GF Capital 2,354,000 1,093,667 46% In -lieu Transfer to General Fund 7,033,360 3,516,678 50% Total Expenses 70,762,800 37,768,437 53% Net Chg in Bal Sheet Accts 643,216 Net Increase (Decrease) (2,545,750) (148,575) Beginning Local Cash Balance 12,632,503 12 632 503 Ending Local Cash Balance 10,086,753 12,483,928 GOR Balance 9,037,106 Total Reserve Balance 21,521,034 Reserve Policy Target 23,680,000 of Target 91 2 Electric Utility Reserve Policy (Ending December 31, 2014) M Operating Reserve 90 Days Cash $ 17,080,000 $ I 12,483,928 Capital Reserve Largest Distribution System Contingency $ 1,000,000 NCPA General Operating Reserve NCPA Identified Items $ 5,600,000 $ 5,794,729 NCPA MPP/GPP Balance MPP/GPP Security Commitments $ 3,242,377 Total Target $ 23,680,000 $ 21,521,034 3 Electric Funds Cash Balances (Ending December 31, 2014) M Operating (500) $ I 4,4483914 Utility Outlay Reserve Fund (501) $ (33722,902) Electric Rate Stability Reserve (502) $ 23171,622 Public Benefits Fund (504) $ 439793499 IMF EU Substation and Transmission (505) $ 7503066 Solar Surcharge Fund (506) $ 1219125 Environmental Compliance (508) $ 3,7359603 NCPA — General Operating Reserve (GOR) $ 91037,106 Total $ 2195213034 2 Power Sales (Ending December 31, 2014) Residential 149,631,130 84,836,702 Small Commercial 158,637,238 86,954,650 Large Commercial/Small Industrial 46,038,101 23,895,485 Industrial 85,854,348, 46,260,402 TOTAL 440,160,8161 241,947,239 Residential $25,778,344 $14,137,214 $0.1666 Small Commercial $25,213,790 $13,834,080 $0.1591 Lar a Commercial/Small Industrial $6,005,969 $3,356,501 $0.1405 Industrial $8,216,867 $4780,788 $0.1033 TOTAL $65,214,970 $36,108,584 $0.1492 5 ECA Revenue (Ending December 31, 2014) Residential $ 274,436 $ 200,057 $ 74,379 Small Commercial $ 234,844 $ 242,966 $ 8,122 Large Commercial/Small Industrial $ 65,304 $ 75,774 $ 10,470 Industrial $ 186 $ 151,167 $ 150,981 Total ECA Revenue $ 574,769 $ 669,964 $ 95,195 0 Electric Fund Operating Results (Ending December 31, 2014) Personnel $ 5,531,190 $ 3,013,350 54% Supplies, Materials, Services $ 3,297,530 $ 912,025 28% Equipment, Land, Structures $ 644,930 $ 544,906 84% Other Payments $ 1,478,210 $ 161,915 11% Utilities $ 68,200 $ 21,692 32% Total Operating Expenses $ 11,020,060 $ 4,653,888 42% 7 Power Supply Costs (Ending December 31, 2014) M Generation $ 30,360,720 $ 16,147,907 I 53% Transmission $ 7,752,480 $ 4,257,898 55% Management Services $ 1,438,970 $ 857,8291 60% Total Power Supply Costs $ 39,552,170 $ 211263,634 54% Bad Debt Write Off (Ending December 31, 2014) 9 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 Q2-2015 Q3-2015 Q4-2015 Q1-2016 =Coverage =Target Load Load coverage exceeds Risk Policy targets in all quarters. 10 (!i Electric Utility Activities Op • Staffing • Rate Increase Implementation • LED Streetlight Project • 230 kV Interconnection Project • New Residential /Commercial Developments • Capital Improvement /Maintenance • APPA Utility Check Up • Renewable Portfolio Standards (RPS) Planning 11