HomeMy WebLinkAboutMinutes - September 12, 2017 SSLODI CITY COUNCIL
SHIRTSLEEVE SESSION
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, SEPTEMBER 12, 2017
A. Roll Call by City Clerk
An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held
Tuesday, September 12, 2017, commencing at 7:01 a.m.
Present: Council Member Chandler, Council Member Johnson, Mayor Pro Tempore Nakanishi,
and Mayor Kuehne
Absent: Council Member Mounce
Also Present: City Manager Schwabauer, City Attorney Magdich, and City Clerk Ferraiolo
NOTE: Council Member Chandler arrived at 7:02 a.m., and Mayor Pro Tempore Nakanishi left at
8:00 a.m.
B. Topic(s)
B-1 Fourth Quarter Fiscal Year 2016/17 Water, Wastewater, and Electric Utility Department
Financial Reports (CM)
Rates & Resources Manager Melissa Price provided a PowerPoint presentation regarding
Electric Utility Department quarterly update. Specific topics of discussion included Electric Utility
fund cash flow summary, cash balances, reserve policy, capital improvement project spending
plan, power sales, Energy Cost Adjustment (ECA) revenue, operating results, power supply
costs, and load coverage.
Council Member Johnson questioned how the City is planning to keep up with the ever-
changing clean energy bills working their way through legislation, to which Electric Utility Director
Elizabeth Kirkley stated City staff is working very closely with Northern California Power Agency
(NCPA) to ensure more palatable language is included in the bills. In addition, NPCA is helping
Lodi and all of its members increase their portfolios with regard to future renewals.
Ms. Kirkley provided a PowerPoint presentation regarding City Council strategic areas of focus
and requested Council feedback on whether or not it wishes to continue the solar tariff, which is
set to sunset on December 31, 2017. City Manager Schwabauer cautioned that Council cannot
vote on the matter at this meeting; it can only provide direction on whether or not to bring the
issue back for discussion and action.
Council Member Chandler stated he believes it is too soon to make a decision on the matter,
particularly with various legislative actions on the horizon relating to 100 percent renewable
energy, as well as potential bills relating to integration, which may result in California losing
authority in its own district.
Mayor Pro Tempore Nakanishi stated he is not in favor of the surcharge and would prefer to wait
and see what happens in the future.
Council Member Johnson stated he does not disagree with Council Member Chandler; however,
he was concerned with timing since the tariff sunsets at the end of the year and it would create
greater confusion if it ended and was brought back later. He suggested Council have a discussion
on the matter before the surcharge sunsets on whether or not to continue with it.
Mayor Kuehne agreed, adding he would like to know how much money is collected annually, to
which Ms. Kirkley replied $600,000.
1
Council Member Chandler clarified that he is not opposed to discussing the matter, but in his
opinion he believes it is too early to make a decision.
Ms. Kirkley explained she brought the matter up because the issue will involve setting a public
hearing and she wanted to ensure there was ample time prior to the sunset date should
Council be interested in extending the tariff.
Mayor Kuehne commented on the recent power outage in the area of Ham Lane that effected a
large number of residents, as well as medical facilities. Many people were greeted with a busy
signal when they called to report the outage or ask for an update and he suggested there be a
public service announcement on the City's radio station or an outgoing voice mail message on
the City's phone system instead of a busy signal. Ms. Kirkley stated there are long-term plans to
improve the system and she will look into possibilities of correcting it in the interim. Deputy City
Manager Keys added there is a definite need for investment in the infrastructure of the overall
phone system Citywide and staff is working to plan and budget for the update. As it currently
stands, the system cannot handle a high call volume, which results in the 41st caller receiving a
busy signal; there is no queue. He estimated the item will come to Council late this year or early
next year.
In response to Mayor Pro Tempore Nakanishi, Ms. Kirkley stated staff is working on an outage
management system, and Mr. Schwabauer stated that PG&E has such a system that notifies
people via e-mail when power is out and how long the outage is anticipated; however, its system
only works effectively 25 percent of the time. Ms. Kirkley added that, in addition to calling the
Utility Department for information on an outage, residents can receive updates on Facebook.
Council Member Johnson pointed out that very few people are aware of the City's radio station
and stated he believes it is an inadequate device for emergencies. He stated many communities
have an alert system for emergency situations to notify residents and questioned if there is a
system the City could tie into, such as the School Districts. Mr. Keys stated there is an ability to
push out messages, similar to the text alerts regarding power outages, but it would need to be an
"opt -in" type of service, which would require people to provide their contact information. He stated
staff will look into it further. With regard to the School District, parents fill out emergency cards,
and their private information is used for limited purposes. He did not think the City could utilize
that information. Mr. Schwabauer stated the Fire Department is working on its capital budget to
put together an option similar to a Reverse 911 system.
In response to Mayor Pro Tempore Nakanishi, Ms. Kirkley stated Electric Utility learns about
power outages from customer calls, as well as from the operations center that shows
abnormalities in the system. As soon as an outage is reported, a troubleshooter is dispatched to
assess and correct the problem or a crew will be sent if the problem is larger or more complex.
She confirmed the City has three crews.
In response to Mayor Kuehne, Ms. Kirkley stated Lodi is currently working with NCPA, through its
Smart Grid Committee, on smart grid technology and ways to improve technology on the system.
Mayor Pro Tempore Nakanishi referenced the Ham Lane power outage, stating he sent staff and
patients home that day due to lack of power, but if he had known how long the power would be
out, he would have had patients wait. Ms. Kirkley stated Utility staff does not always know exactly
how long a power outage will last, but it is proficient at estimating a timeframe.
Mayor Kuehne stated it is important for the medical community to have access to outage
information due to the nature of its work and asked if this group could be prioritized.
Utilities Manager Lance Roberts provided a PowerPoint presentation regarding
Water/Wastewater quarterly update. Specific topics of discussion included Wastewater fund cash
flow summary, operating results, cash balances, and planned capital projects; Water fund cash
flow summary, operating results, cash balances, and planned capital projects; and
Water/Wastewater Utility activities.
2
In response to Council Member Chandler, Mr. Roberts stated the $2.2. million Ham Lane and
Century Boulevard project will kick off this year to replace the large trunk lines that are roughly
60 years old, as will the Irrigation Improvements project.
In response to Mayor Kuehne, Mr. Roberts stated the projects were broken up over five years
and are projected out in installments. With regard to the Irrigation Improvement project, ditches
were failing and the State directed they be improved. The City has a five-year plan to get it
completed with installation of new pipe. He further responded that the Electrical Upgrade and
Supervisory Control and Data Acquisition Improvement project includes improvements to the
operations room and electrical building and electrical upgrades to the pumps. Public Works
Director Charlie Swimley added the project includes the coarse screen project, electrical
upgrades, and improvements to the receiving facility. The project has been planned for quite
some time and is currently in the design phase. He added the project was planned in a
methodical way in order to sequence the work over the next three years. Another major
expenditure this year will be the Recycled Water Storage project, which is anticipated at
$1.6 million this year and another $3.7 million the following year. It was projected earlier;
however, the unexpected flooding at the White Slough Water Pollution Control Facility delayed
the project.
Council Member Johnson recalled that pipe was placed along Thornton Road due to overflows
and he stated then that the overflows were either operator error in pushing too much water
through or staff missing weak spots in the pipes. He felt then that the pipes should have been
reinforced instead of replaced. He was not supportive of the pipe project years ago and he is still
displeased with spending money on replacing pipes in ditches when the money could be put to
better use elsewhere. Mr. Roberts stated staff prioritized each phase and identified the most
critical locations with overflows. Council Member Johnson pointed out that street crews routinely
patch streets throughout the year instead of completely repaving and stated the ditch and/or pipe
can be repaired instead of replaced. Mr. Roberts clarified that staff is not replacing the entire
system; only the weakest locations.
In response to Mayor Kuehne, Mr. Swimley stated Phase 7 of the Water Meter Program will be
completed this year; Phase 8 and some multi -family meters will be completed in 2018/19. He
reminded Council that it acted to sunset the water rates on January 1, 2021. Mr. Roberts
confirmed that the City will be ahead of schedule of the State mandate, which regulated meters
be in place by the year 2025.
In response to Mayor Pro Tempore Nakanishi, Mr. Swimley stated that staff anticipated a decline
in the water fund balance and was open with respect to following through with planned rate
increases in order to finish the Water Meter Program. At the moment, the City is taking in less
money than it is spending; however, after the completion of the meter program, the fund balance
will recover at a rapid rate. Going forward from that point, Council will need to decide what to do
with rates, i.e. use the revenue to pay off the bond or reduce rates. Further, Mr. Swimley
responded that staff has adjusted revenue projections to anticipate continued water conservation.
He stated customers were slow in changing their behavior, but conservation has remained steady
at 25 percent. He anticipates the number will adjust in the opposite direction but at a slow rate.
In response to Mike Lusk, Ms. Kirkley stated the outage in the Ham Lane area was the result of a
crow that landed on a breaker and took out a circuit. With regard to the water report, Mr. Lusk
stated he recalled that the $2 million for the southwest tank was in this year's budget and was
used as a reason for the water rate increase, to which Mr. Schwabauer replied that was an
incorrect recollection. Mr. Lusk also stated he recalled that the recycled water storage tank at
White Slough was estimated at $3 million, with a three-quarter subsidy from the State; however,
this report shows a two-year combined figure of $4.5 million, and he questioned the discrepancy.
Mr. Swimley responded that the total project cost is estimated at $6 million and the City will
receive 75 percent repayment from the State in the form of a grant. The City made some
expenditures on this project to date for environmental work and design. Mr. Swimley further
clarified that the $3 million figure quoted by Mr. Lusk was the total for the last budget year, but the
project was delayed by weather and the levee breach at the project site. He added there may be
3
further delays this year as well. Mr. Schwabauer added that the project estimate has always been
$6 million and the refund from the state was always estimated at three-quarters of the total
amount. He surmised that Mr. Lusk's confusion was likely because the discussion in question was
about one year of a multi-year project. Mr. Lusk questioned how the Sustainable Groundwater
Management Act (SGMA) will effect the water rate structure. Mr. Schwabauer stated it will likely
have a negative effect, but the full effect is unknown at this time. In the short term, he sees a
downward pressure on rates due to steps Lodi is taking to plan for the future, but SGMA will
unfortunately have an upward pressure on rates. Lodi is the only sustainable system in the
County and is steadily replacing water in the ground and, because of that, it should have the least
impact from SGMA; however, Lodi is one of 24 agencies, and they will look to Lodi for help in this
effort. He stated Lodi will have to continue to be vigilant about its sustainability throughout the
process. Mr. Schwabauer reiterated that it is simply too difficult to quantify the effect SGMA will
have on rates. Mr. Swimley added the City did not increase wastewater rates this year, which was
anticipated in the schedule.
Mayor Pro Tempore Nakanishi stated he sits on the SGMA committee and reported the group is
still in the process of devising a plan.
Council Member Johnson questioned why so many employees were retiring in November, to
which Mr. Schwabauer responded there is no magic to the date. Most people tend to retire at the
end of the year, which relates to cost of living adjustments in the California Public Employees
Retirement System, while for some it may be related to the age of their child if they are in the
City's sick leave conversion program, which was the driving factor behind three recent
retirements. He added it is not uncommon for retirements to pile up at one time.
C. Comments by Public on Non -Agenda Items
None.
D. Adjournment
No action was taken by the City Council. The meeting was adjourned at 8:02 a.m.
ATTEST:
Jennifer M. Ferraiolo
City Clerk
4
TM
CITY OF LODI
COUNCIL COMMUNICATION
AGENDA ITEM
AGENDA TITLE: Fourth Quarter Fiscal Year 2016/17 Water, Wastewater and Electric Utility
Department Financial Reports
MEETING DATE: September 12, 2017
PREPARED BY: Deputy City Manager
RECOMMENDED ACTION Receive utility financial reports for the third quarter of Fiscal Year
2016/17.
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 12, 2017.
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.
01 -GA -r-
Andrew Keys
Deputy City Manager
APPROVED:
)(L
S r Stephen Schwabau'rManager
TM
CITY OF LODI
COUNCIL COMMUNICATION
AGENDA ITEM
8-1
AGENDA TITLE: Fourth Quarter Fiscal Year 2016/17 Water, Wastewater and Electric Utility
Department Financial Reports
MEETING DATE: September 12, 2017
PREPARED BY: Deputy City Manager
RECOMMENDED ACTION: Receive utility financial reports for the_ thirdfourth quarter of Fiscal
Year 2016/17.
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 12, 2017.
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.
Andrew Keys
Deputy City Manager
APPROVED:
'V1 1
.)6.
Stephen Schwabauer, City Manager
Public Works Department
Water/Wastewater
FY 17 Quarterly Update
(Ending June 30, 2017)
City Council Shirtsleeve Session
September 12, 2017
1
Wastewater Fund
Cash Flow Summary
(Ending June 30, 2017)
*Of the remaining capital budget, $1.2M or 12% of the total budget was rolled to the next FY in encumbered contracts
2
Budget
Actuals
% of Budget
Revenue
Sales
15,428,650
15,053,759
98%
Development Impact Mitigation Fees (wastewater & storm)
827,570
598,552
72%
Other (interest, septic, misc.)
2,760,735
1,316,435
47%
Total Revenues
19,016,955
16,968,746
89%
Expenses
Operating
8,104,881
7,512,714
93%
Capital
*9,946,364
4,060,048
41%
Debt Service
3,122,930
3,499,118
112%
Cost of Services Payment To General Fund
1,068,000
1,068,000
100%
Total Expenses
22,242,175
16,379,938
74%
Beginning Cash (Operations Only)
12,598,683
Ending Cash (Operations Only)
13,034,422
Days Cash (Excluding Capital)
386
of Target — 90 Days Cash on Hand
429%
*Of the remaining capital budget, $1.2M or 12% of the total budget was rolled to the next FY in encumbered contracts
2
Wastewater
Operating Results
(Ending June 30, 2017)
3
Budget
Actuals
% of Budget
Personnel
$ 3,704,165
$ 3,916,949
106%
Supplies, Materials, Services
$ 2,634,150
$ 2,153,973
82%
Equipment, Land, Structures
$ 525,000
$ 193,817
37%
Other Payments
$ 512,856
$ 434,356
85%
Utilities
$ 700,400
$ 793,618
113%
Work for Others
$ 28,310
$ 20,000
71%
Total Operating Expenses
$ 8,104,881
$ 7,512,714
93%
3
Wastewater Funds
Cash Balances
(Ending June 30, 2017)
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
Actual Reserves vs. Target
429%
326%
206%
122%
13/14 14/15 15/16 16/17
Amounts above
reserve target are
Target held for scheduled
Actual capital maintenance
4
Operating (530)
13,034,422
Utility Capital / Infrastructure Replacement (531)
1,067,097
Capital Reserve (532) (Fund used to pay White Slough COP Debt Service)
0
Wastewater IMF (533)
759,954
Rate Stabilization Reserve (534)
500,000
Storm Drain IMF (535)
923,558
Total
16,285,031
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
Actual Reserves vs. Target
429%
326%
206%
122%
13/14 14/15 15/16 16/17
Amounts above
reserve target are
Target held for scheduled
Actual capital maintenance
4
Wastewater
Planned Capital Projects
Villa Fiore Reimbursement *
MSC Security Improvements
Misc. System Relocations
Misc. Wastewater Taps
Collection System Capacity Enhancement Projects
Ham & Century Rehabilitation **
Vinewood Storm Water Pump Rehab
Vehicles /Equipment
Upgrade Blowers
Irrigation Improvements
Digester #4 Cleaning
Field #5 Catwalk Repair
Lagoon Cleaning
Pump & Equipment Upgrades
Corrosion Repairs**
Electrical/Screen/SCADA Design **
Electrical Upgrades/SCADA Construction
White Slough Recycled Water Storage**
Fence Repairs/Upgrades
Miscellaneous Future Projects
*Not included in the FY 17-18 adopted budget
**Includes budget rollover from previous FY
FY 17-18
FY 18-19
FY 19-20
FY 20-21
930,000
25,000
35,000
35,000
35,000
35,000
40,000
40,000
40,000
40,000
21,000
216,000
2,220,000
200,000
450,000
156,000
162,000
169,000
750,000
600,000
600,000
700,000
220,000
120,000
150,000
355,000
136,000
660,000
3,224,000
8,653,000
1,620,000
3,701,892
26,000
104,000
108,000
112,000
Totals $7,541,000
$8,877,892
$9,914,000
$356,000
5
Water Fund
Cash Flow Summary
(Ending June 30, 2017)
*Of the remaining capital budget, $4.3M or 38% of the total budget was rolled to the next FY in encumbered contracts
6
Budget
Actuals
% of Budget
Revenue
Sales
13,236,620
12,473,679
94%
Development Impact Mitigation Fees
303,940
206,847
68%
Other (interest, tap fees, water meters, misc.)
963,550
1,139,177
118%
Total Revenues
14,504,110
13,819,703
95%
Expenses
Operating
6,985,863
6,311,628
90%
Capital
*11,455,023
5,126,884
45%
Debt Service
2,970,100
2,975,609
100%
Cost of Services Payment To General Fund
780,000
780,000
100%
Total Expenses
22,190,986
15,194,121
68%
Beginning Cash (Operations Only)
3,864,861
Ending Cash (Operations Only)
3,603,782
Days Cash (Excluding Capital)
131
% of Target — 90 Days Cash on Hand
145%
*Of the remaining capital budget, $4.3M or 38% of the total budget was rolled to the next FY in encumbered contracts
6
Water
Operating Results
(Ending June 30, 2017)
7
Budget
Actuals
% of Budget
Personnel
$ 2,952,517
$ 2,762,656
94%
Supplies, Materials, Services
$ 1,557,480
$ 1,278,533
82%
Equipment, Land, Structures
$ 110,000
$ 72,149
66%
Other Payments
$ 1,676,916
$ 1,635,952
98%
Utilities
$ 588,950
$ 453,488
77%
Work for Others
$ 100,000
$ 108,850
109%
Total Operating Expenses
$ 6,985,863
$ 6,311,628
90%
7
Water Funds
Cash Balances
(Ending June 30, 2017)
8,000,000 E
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
0
277%
Actual Reserves vs. Target
264%
238%
145%
13/14 14/15 15/16 16/17
Ta rget
Actual
Amounts above
reserve target are
held for scheduled
capital maintenance
8
Operating (560)
3,603,782
Utility Capital / Infrastructure Replacement (561)
95,077
IMF (562)
702,804
PCE/TCE Settlements
9,754,381
PCE/TCE Rates (565)
4,090,262
Total
18, 246, 306
8,000,000 E
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
0
277%
Actual Reserves vs. Target
264%
238%
145%
13/14 14/15 15/16 16/17
Ta rget
Actual
Amounts above
reserve target are
held for scheduled
capital maintenance
8
Water Meter Program*
Water Taps
Misc. Water Mains
GAC Replacement
Meter Shop Design
Southwest Gateway Water Tank
Water Plant Generator
MSC Security Improvements
Well 14 Pump Rehab**
Well 15 Pump Rehab**
Well 16 Pump Rehab
Well 17 Pump Rehab
Well 21 Rehab
Well 23 Rehab
Well 25 Rehab
Vehicles/Equipment
Water
Planned Capital Projects
FY 17-18
FY 18-19
FY 19-20
FY 20-21
5,311,000
3,739,000
75,000
75,000
75,000
75,000
50,000
50,000
50,000
50,000
300,000
300,000
300,000
250,000
2,000,000
300,000
25,000
166,000
175,000
206,000
191,000
212,000
202,000
219,000
41,000
42,000
44,000
Totals $6,352,000 $4,902,000
$2,679,000 $590,000
*Only $200K included in FY 17/18 adopted budget for staff time, change orders, misc. costs. Phase 7 was awarded in FY 16/17.
**Not included in FY 17/18 adopted budget.
9
Water / Wastewater Utility
Activities
Operational
• Water Distribution
• Water Production
• Collection System
• Wastewater Treatment
Regulatory
• SSO's
• Discharge Violations
• Monitoring and Reporting
10
Electric Utility Department
FY 17 Quarterly Update
(Ending June 30, 2017)
City Council Shirtsleeve Session
September 12, 2017
1
Electric Utility Fund
Cash Flow Summary
(Ending June 30, 2017)
Net Increase (Decrease)
Beginning Local Cash Balance
Budget
Actuals
% of Budget
Revenue
13,766,039
GOR Balance
Sales Revenues
68,526,450
66,936,389
97%
Development Impact Fees
111,980
83,914
75%
Other Revenues (interest, misc)
3,642,810
4,513,549
124%
Total Revenues
72,281,240
71,533,852
99%
Expenses
Purchase Power
40,434,980
36,695,433
91%
Non Power
14,317,831
12,015,483
84%
Capital Projects
6,116,763
4,341,356
71%
Debt Service
5,528,520
5,526,791
100%
Cost of Service/Capital Xfer
2,354,000
2,354,000
100%
In -lieu Transfer to General Fund
7,131,330
7,131,330
100%
Total Expenses
75,883,424
68,064,393
90%
Net Chg in Bal Sheet Accts
(2,240,631)
Net Increase (Decrease)
Beginning Local Cash Balance
(3,602,184)
16,139,395
3,469,459
16,139,395
Ending Local Cash Balance
12,537,211
13,766,039
GOR Balance
9,082,666
Total Reserve Balance
22,848,705
Reserve Policy Target
22,776,000
% of Target
100%
2
Electric Utility Funds
Cash Balances
(Ending June 30, 2017)
*Includes funds held locally and at NCPA
3
Operating Funds*
$ 12,024,870
Utility Outlay Reserve Fund
$ 500,000
Public Benefits Fund
$ 1,777,761
Impact Fee Fund
$ 998,753
Solar Surcharge Fund
$ 372,669
Greenhouse Gas Fund
$ 7,174,652
Total
$ 22,848,705
*Includes funds held locally and at NCPA
3
Electric Utility Reserve Policy
(Ending June 30, 2017)
Purpose
Target
Actual*
Operating Reserves
$ 21,776,000
$ 22,348,705
Capital Reserve
$ 1,000,000
$ 500,000
Total Target
$ 22,776,000
$ 22,848,705
*Includes cash held locally and at NCPA
$30,000
$25,000
$20,000
c $15,000
"I $10,000
$5,000
$-
Actual Reserves vs. Target
0
0
rni 98%
100%
FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17
❑Actual
❑ Target
Cash balances
support City Council
approved reserve
requirements and
provide funds for pay
as you go Capital
Improvement
Projects.
4
Capital Improvement Project
Spending Plan
Project*
5 -Year
Distribution Capacity Program
$ 1,956,000
Underground Maintenance
$ 4,050,000
Streetlight Maintenance / Repair
$ 550,000
LED Streetlight Improvements
$ 463,000
230 kV Interconnection Project
$ 110,000
Overhead Maintenance
$ 1,500,000
Substation Maintenance / Improvements
$ 1,696,450
Building & Security Improvements
$ 1,937,711
Meter Data Management System
$ 2,250,000
Vehicles & Equipment
$ 1,988,440
Total Projects
$ 16,501,601
*Does not include new development or work paid by others
5
Power Sales
(Ending June 30, 2017)
Power Sales (kWh)
Customer Class
Budget
Actual
Residential
151,108,765
149,142,904
Small Commercial
165,114,668
157,367,630
Large Commercial/Small Industrial
48,152,911
43,809,201
Industrial
64,722,006
75,090,839
TOTAL
429,098,350
425,410,574
Revenue ($)
Customer Class
Budget
Actual
Average Rate
Residential
$ 27,621,347
$ 27,133,951
$ 0.1819
Small Commercial
$ 27,986,175
$ 25,956,334
$ 0.1649
Large Commercial/Small Industrial
$ 6,674,998
$ 6,303,488
$ 0.1439
Industrial
$ 6,243,930
$ 7,542,616
$ 0.1004
TOTAL
$ 68,526,450
$ 66,936,389
$ 0.1573
6
ECA Revenue
(Ending June 30, 2017)
Customer Class
Total
Residential
$ 582,357
Small Commercial
$ 699,065
Large Commercial / Small Industrial
$ 194,833
Industrial
$ 257,573
Total Revenue
$ 1,733,828
7
Electric Utility Fund
Operating Results
(Ending June 30, 2017)
*Includes LEU contribution to PERS Stabilization Fund
8
FY17 Budget
FY17 Actual
% of Budget
Personnel
$ 8,576,220
$ 7,758,042
90%
Supplies, Materials, Services
$ 3,425,497
$ 2,258,401
66%
Equipment, Land, Structures
$ 5,000
$ 837
17%
Other Payments*
$ 2,234,814
$ 1,941,446
87%
Utilities
$ 76,300
$ 56,757
74%
Total Operating Expenses
$ 14,317,831
$ 12,015,483
84%
*Includes LEU contribution to PERS Stabilization Fund
8
Power Supply Costs
(Ending June 30, 2017)
9
Budgeted
Year to Date
% of Budget
Generation
$ 29,873,610
$ 27,525,404
92%
Transmission
$ 9,125,930
$ 7,696,161
84%
Management Services
$ 1,435,440
$ 1,473,868
103%
Total Power Supply Costs
$ 40,434,980
$ 36,695,433
91%
9
Load Coverage
140,000
120,000
100,000
-c 80,000
2 60,000
40,000
20,000
a
P
Q4-2017 Q1-2018 Q2-2018 Q3-2018
Coverage
Target
Load
10
MWh Load
ROC Matrix
Target
Load Coverage
(Including Purchases)
Q4 — 2017
103,739
80%
81%
Q1 — 2018
100,235
77%
81%
Q2 — 2018
109,621
67%
81%
Q3 — 2018
133,331
60%
60%
140,000
120,000
100,000
-c 80,000
2 60,000
40,000
20,000
a
P
Q4-2017 Q1-2018 Q2-2018 Q3-2018
Coverage
Target
Load
10
City Council Strategic Areas of Focus
• Customer
• Technology
• Financial
• Reliability
• Workforce