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HomeMy WebLinkAboutAgenda Report - May 1, 1996 (69)CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Electric Utility Department 1995-97 Financial Plan and Budget MEETING DATE: May 1, 1996 PREPARED BY: Alan N. Vallow, Electric Utility Director RECOMMENDED ACTION: That the City Council adopt the attached resolution to approve the Electric Utility Department finalized 1995-97 Financial Plan and Budget and to appropriate the 1995-97 operating and capital budgets. BACKGROUND: The Electric Utility Director has discussed issues facing the City's Electric Utility resulting from a restructured electric industry and the strategies needed to cope with the impending changes at a series of Council Meetings and Shirtsleeve Sessions held November 29, 1995 and February 7, 1996. This document represents those strategies in budget form. The Electric Utility Department is currently operating on a preliminary budget approved with the City's regular FY1995-96 budget. Electric Utility Department staff has reviewed budget assumptions, objectives, goals, and financial trends with the City Manager and Finance Department Staff. Based on the guidance and comments received, adjustments have been made to budget and activity description. Please bring the budget document provided to you for the May 1, 1996City Council meeting. cc: City Attorney APPROVED H. Dixon Flynn CrrY MANAGER Alan N. Vallow Electric Utility Director h:luser\admin1ctycncl1050196.cc1 April 24, 1996 RESOLUTION NO. 96-46 A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING THE 1995-97 ELECTRIC UTILITY OPERATING BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 1995 AND ENDING JUNE 30, 1997 WHEREAS, the City Council approved the 1995-97 Financial Plan and Budget on June 21, 1995; and WHEREAS, the Electric Utility Department budget was considered preliminary and was to be brought back to City Council for final adoption; and NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LODI, AS FOLLOWS: 1. That the 1995-97 Electric Utility Department Financial Plan and Budget as proposed by the Electric Utility Director is adopted. Dated: May 1, 1996 I hereby certify that Resolution No. 96-46 was passed and adopted by the Lodi City Council in a regular meeting held May 1, 1996 by the following vote: AYES: COUNCIL MEMBERS - Davenport, Mann, Pennino, Sieglock and Warner (Mayor) NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS - None ABSTAIN: COUNCIL MEMBERS - None Lo1(4), IFE M. PERRIN City Clerk 96-46 CITY COUNCIL MEETING MAY 1, 1996 it - 3 ELECTRIC UTILITY DEPARTMENT FINANCIAL PLAN AND BUDGET 1995 -1997 SERVICE CALLS After Hours 1992 1993 1994 1995 1996 1997 1998 16 1.5 0 1 ii0 6 0 co s_ 0 0.5 Electrical Outages 1982 1984 1986 1988 1990 1992* 1994** 1983 1985 1987 1989 1991* 1993* 1995** Planned Outages 0 Unplanned Outages * Decrease attributable to Contract Tree Trimming ** Increase due to higher than expected rate of underground failure 2 100 80 c./) 60 o I" 40 20 Overtime Paid 1991/92 1992/93 1993/94 1994/95 1995/96* Overtime Paid Li Reimbursed by PG&E * Actual dollars thru March 1996; projected April -June 1996 3 600 500 0 0 400 300 0 ; 200 U 100 Employee Utilization Rates Lodi Roseville Alameda SMUD Palo Alto ® Customers per Employee Employees per Megawatt Employees per Megawatt Employee Utilization Rates Lodi 05/01/96 Roseville Alameda SMUD Customers per Employee 5 1 Palo Alto