HomeMy WebLinkAbout15 Power Point Budget Objectives Goals
Budget Workshop Item # 15 September 7, 2011 Labor and Existing DebtObjectives, Goals, Assumptions, FY12 & FY13 Budget:
Budget Schedule Budget 13& FY 12 FY 2 Adopt the FY12 & FY13 Budget–November 16•Hold a public hearing–Present a draft of the FY12 & FY13 Budget–Present the Financial Master Plan–November
2•Discuss operating and capital budgets of Electric & Water Utilities–October 19•Discuss operating and capital budgets of supporting services –Discuss purchase power plan–October 5•Discuss
objectives, goals, and assumptions–September 7•
FY 3(in millions of dollars)FY11 Approved Budget Highlights Background / History Budget 1312
FY%Reserves 35%Public BenefitsConservation & 8%Material, & Supplies, 15%Debt20%49%Purchased 4 Paid by Rates–FY11 Electric Budget Categories Budget 1312
FY 9%, Reserves11%, MetersPower, 14%Electric 15%, Outside SvcsMaterials, Supplies, 16%, Debt35%, 5 Paid by Rates–FY11 Water Budget Categories Budget 1312
Background / History Budget 13& FY 12 FY 6 environmentally sound manner at the lowest practical costManage District resources in an open, responsible, •serviceProvide reliable and high
quality water and electrical power •Renewable PortfolioActively seek renewable energy sources as set forth in the •Summary of Objectives and Goals(cont.)
New Information Budget 13& FY 12 FY 7 No new debt•3%-Most operational expenses flat or slightly increased 0% •Estimated increase of 3% in FY13–Estimated to be flat in FY12–Labor rates:•No
planned rate increases for FY12 & FY13•electric and January 2011 for waterUtility rates have not increased since January 2009 for •
8 AdministratorPrograms Technical HR ManagerSecretaryExecutive ServicesAdministrativeGISUtility / ElecAssist GM / Water Utility & ConservationInformation Public ManagerGeneral DirectorsBoard
of CustomersTDPUD General Manager & Departments
9 CoordinatorMeter ReaderClerkBillingSupervisorBilling Services ClerksCustomerServices SupCustomerServices MgrCustomerSpecialistWork OrderClerkAccounting SupervisorAccountingBuyer ClerkAccountantSeni
or Services MgrAdministrative Administrative Services
10 RepresentativeCustomer ServiceAdministratorConservationManager& Conservation Public Information Public Information & Conservation
Electric Utility / Power Supply AdministratorContract TechnicianMapping CoordinatorGIS InspectorEngineerElectric EngineerSystem MechanicMechanicSenior ProjectsSuperintendent Utility
WorkerWarehouse ElectriciansLinemanLead LinemanService CrewForman LinemenCrewForeman Line LinemanApprentice LinemenCrewForeman Line LinemanSubstation SuperintendentManagerElectric Utility
11
12 System TestingQuality &TechniciansLeadmanForemanDistributionTechniciansLeadmanForemanOperationsSuperintendentManagerWater Utility Water Utility
New Information Budget 13& FY 12 FY 13 No new debt planned for FY12 & FY13•Payment source is rates•Debt payment reserve of $1.8 million will be used–Last payment of the 2003 COPs is
due January 1, 2013•12/31/2011 principal balance will be $3.4 million•Current Electric Department debt(cont.)
New Information Budget 13& FY 12 FY 14 Electric Department Principal Payments(cont.)
New Information Budget 13& FY 12 FY 15 No new debt planned for FY12 & FY13•39% assessments & surcharges––47% rates –Payment sources are:•Last payment is due 2036•Annual principal and
interest payments are $3.3 million •12/31/2011 principal balance will be $36.4 million•Current Water Department debt(cont.)
New Information Budget 13& FY 12 FY 16 Water Department Principal Payments(cont.)
Fiscal Impact Budget 13& FY 12 FY 17 yearsthat will affect the District’s spending for the next two fiscal This budget workshop is part of the overall budget process •
Recommendation Budget 13& FY 12 FY 18 Review this report and provide comments•