Loading...
HomeMy WebLinkAboutAttachment 1 - Mid-Cycle Budget ReviewATTACHMENT 1 PRELIMINARY Variance FY16 FY16 Favorable Type Budget Actual (Unfavorable)% OPERATING REVENUE Residential 11,588,514$12,556,528$968,014$8% Commercial 8,981,341 9,157,086 175,745 2% Interdept. Sales & Rent 1,753,602 1,781,242 27,640 2% Standby 23,171 22,190 (981)-4% Joint Pole 160,000 28,939 (131,061)-82% Other 164,668 170,374 5,706 3% Total Operating Revenue 22,671,296 23,716,359 1,045,063 5% OPERATING EXPENSE Board of Directors 130,439 102,499 27,940 21% General Management 484,224 501,868 (17,644)-4% Administrative Svcs.1,383,342 1,229,279 154,063 11% Public Info. & Consrv.1,266,201 1,107,497 158,704 13% Operations 4,064,179 4,162,979 (98,800)-2% IT/GIS 608,536 578,172 30,364 5% Building Maintenance 497,596 446,517 51,079 10% Purchase Power 11,945,170 11,511,308 433,862 4% GASB 68 Sidefund Principle 367,895 367,895 -0% Total Operating Expense 20,747,582 20,008,014 739,568 4% NET OPERATING INCOME 1,923,714 3,708,345 1,784,631 OTHER INCOME (EXPENDITURE) Investment Income (Loss)60,000 101,040 41,040 68% Transfers to Rate Reserve (320,985)(320,985)-0% Transfers to Vehicle Reserve (185,078)(185,078)-0% Transfers to CA Solar Initiative 177,400 182,550 5,150 3% Transfers from Cap & Trade AB32 Reserve 965,000 947,269 (17,731)-2% Total Other Income (Expenditure)696,337 724,796 28,459 4% CAPITAL EXPENDITURES FUNDED BY OPERATIONS 2,620,051 2,610,313 9,738 NET OPERATIONS FUNDED CASH INFLOW (OUTFLOW)-1,822,828 1,822,828 CAPITAL EXPENDITURES FUNDED BY RESERVES Capital Replacement (AMI) 1,710,258 77,962 1,632,296 Vehicle Reserve 150,000 167,358 (17,358) 1,860,258 245,320 1,614,938 Truckee Donner Public Utility District Budget vs. Actual Revenue & Expenditures Fiscal Year Ending December 31, 2016 ELECTRIC DEPARTMENT