HomeMy WebLinkAboutAgenda Truckee Donner Public Utility District Boa,d of Dieclo-s
Joseph R. Aguera
John 1-. Corbeft
Business Office Engineering Services Richard K. Curran
(916) 587-3896 1916) 587-3944 FAX (916) 587-5056 James k Maass
REGULAR MEETING pa,,r'Eda S.Sutton
Generai Manager
700 P.M., MOnd,?Y, 1212191 Peter L.Holzmelster
TDPU0 Board ROOM
AGENDA
f Call to order
2. Roll Call
3. Election of officers
4v Public input(725 PM or as soon thereafter as possible)
UNFINISHED BUSINESS
5 Builders workshop on passive solar design - consideration of Manager's
recommendation and possible action
NEW BUSINESS
6 Tahoe Donner Pipeline Replacement Project,
a) Status report
b) Consideration of approving progress payments and invoices
7 Olympic Heights Pipeline Project,
8) status report
b) Consideration of alternatives and possible direction
8. Gateway Tank Project
a) Consideration ofa dopting a final negative declaration and authorizing
the filing of a notice of determination
b) Consideration of adopting a de minimis impact finding and authorizing
the filing of a certificate of exemption
9. Determination re relationship with DeCult, Somach and Simmons;possible ollrection
10 Consideration and possible approval of compensation adjustment formanagement
employees for 1992
11. Consideration and possible adoption of revised management benefit policy
12 Presentation of 1992 draft budget; possible direction to set workshop and public
hearing
ROUTINE BUSINESS
13 Review of minutes of November 18, 199 1;possible action
14. Correspondence
15 Consideration of bills and possible approval
16 Staff report
-11570 Donner Pass Road Truckee, Ca�ifornia 96160
Pos t Of f i ce Box 3 09
CLOSED SESSION
RETURN To PUBLIC SESSION
ADJOURNMENT
NOTE- The complete packet of material relating to the agenda is available for
review at the PUD office and at the Truckee library.
CERTIFICA TION
I hereby certify that the foregoing agenda has been posted in the District office and
Government tenter, provided to the U. S. post Office and County Library for posting, and
mailed tof#e'Directojs and int sted parties on No vember 27, 1991.
Susan M. Craig, Deputy District Cl k
TDPUu
Movember27, 1-091
TO: Board of Directors
FROM. Peter L. Holzmeister, General Manager
SUBJECT Staff Report
a) Financial Reports
Attached are the financial reports for October 1991, consisting of the
statement of general fund, investment report, electric and water balance
sheets and electric and water income statements.
b) Tahoe Donner Substation
The Tahoe Donner Substation is back to normal. Our planned outage lasted
from approximately 9:00 AM to 2:30 Pf�f. We had gi ven wide notice, so there
was, /think, a minimum of inconvenience.
PL H/smc
Attachments
a
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
STATEMENT OF GENERAL FUND
OCTOBER 31, 1991
HISTORY OF ACTIVITY FOR MONTH:
BALANCE IN GENERAL FUND 09/30/91 1,328,583.20
---------------
RECEIPTS
ELECTRIC REVENUE 480,674.34
WATER REVENUE 191,989.25
STANDBY ELECTRIC 261.24
STANDBY WATER 111.96
16
MISC. BILLING REVENUE ELECTRIC 4,2880.
MISC.. BILLING REVENUE WATER .33
CONSUMER DEPOSITS, ELECTRIC 19,725.00
CONSUMER DEPOSITS, WATER 4,185.00
CUSTOMER ADVANCES--CONNECTION FEE ELECTRIC 14,325.00
CUSTOMER ADVANCES--FACILITIES FEES--ELECTRIC 5,875.60
CUSTOMER ADVANCES—OTHER ELECTRIC 2,695.00
CUSTOMER ADVANCES—CONNECTION FEE WATER 6,095.00
CUSTOMER ADVANCES—FACILITIES FEES—WATER 29,167.90
CUSTOMER ADVANCES—METER FEES—WATER 3,780.00
CUSTOMER ADVANCES—OTHER WATER 4,835.00
MISC. REVENUE ELECTRIC 156.55
MISC. REVENUE WATER 375.27
ELECTRIC LAIF INTEREST INCOME 3RD QUARTER 204,450.65
UNRESTRICT ACQUISITION FUNDS 1,711,153.51
---------------
TOTAL RECEIPTS 2,684,692.76
DISBURSEMENTS
ACCOUNTS PAYABLE DISBURSEMENTS 2,548,380.20
TRANS. TO ELECTRIC RESTRICTED FUNDS—INTEREST EARNED 27,416.82
TRANS. TO ELECTRIC RESTRICTED FUNDS—FACILITIES FEES 5,875.60
TRANS. TO WATER RESTRICTED FUNDS—INTEREST EARNED 158,612.83
TRANS. TO WATER RESTRICTED FUNDS—FACILITIES FEE 29,167.90
TRANS. "0 WATER RESTRICTED FUNDS— METER SEES COLL. 3,780.00
---------------
TOTAL DISBURSEMENTS 2,773,233.35
---------------
BALANCE IN GENERAL FUND 10/31/91 1,240,042.61
DISTRIBUTION OF NON—RESTRICTED FUNDS AT MONTH—END:
PETTY CASH/CUSTOMER SERVICES OPERATING FUNDS 600.00
TRUCKEE RIVER BANK GENERAL FUND 71,895.62
TRUCKEE RIVER BANK GENERAL FUND (ACQUISITION) 371.37
LAIF GENERAL FUND (RIOT RESTRICTED) 1,167,175.62
W-
2,240,042.61
Truckee Dormer Public Utility District
Post Office Box 309 11570 Donner Pass Road e Truckee. CaMornia 95734
10 (916) 587-3896
November 25, 1991
i.E.MORANI UM
TO: Peter L. Holzlneister, General Manager
y
FROM: Lary Chapman, Office Manger
SUBJECT: Investment report
As of October 31, 1991 the District had the following investment comprised
of the -funds as detailed.
INVFSTMENTS YIELD AMOUNT
LOCAL AGENCY INVESTMENT FUND 6.719% 8,997,450.65
Ei,E'C`l'.IC FUNDS _--_--_ ---.-____-
.!SEA RESERVE. * 1`3,000.00
GENERAL FUND 1,167,175.62
FACILITIES FEES * 870,933.73
STORM DAMAGE MIND * 177,073.32
BUILDING FUND * 623,304.67
TOTAL ELECTRIC INVESTMENTS 2,857,487.34
WATER FUNDS
FACILITIES FEES * 863,608.66
BUILDING FUND * 691,594.76
RESERVE FOR FUTURE DETERS * 684,587.48
TAHOE DONNER WATER SYSTEM FUND* 166,528.72
WEST RIVER ST. ASSESSMENT DISTRICT
BOND REDEMPTION FUND * 15,724. 14
PREPAID CONNECTION FEES * 69,707.64
TELEMETRY RESERVE * 48,884.51
TSA (SAD II IMPROVEMENT) 30,011.20
ACQUISITION FUND * 3,569,316.20
----------------
TOTAL, WATER INVESTMENTS 6,139,963.31
---------------
TOTAL DISTRICT INVESTMENTS --3,997,450.65-
* RESTRICTED FOR SPECIFIC USE PER BOARD RESOLUTIONS
¢ s TRUCKEE DON14ER P.U.D. * '
ELECTRIC BALANCE SHEET
FOR PERIOD ENDING OCTOBER 31, 1991
CURRENT LAST YEAR
Y-T-D AMOUNT Y-T-D AMOUNT
A S S E T S
UTILITY PLANT 8,722,424.60 8,217,691.42
RESTRICTED FUNDS
ADMINISTRATIVE BUILDING LEASE FUNDS 283,381.91 281,210.50
EMPLOYEE ➢EFERRED COMPENSATION-ICMA 308,494.74 192,378.59
REA RESERVE FUN➢ 19,000.00 19,000.00
FACILITIES FEES 870,933.73 712,064.62
STORM FUND 177,0?3.32 163,871.03
BUILDING FUND 623,304.6? 562,865.78
TOTAL RESTRICTE➢ FUNDS 2,281,788.37 1,931,390.92 18.1+ %
CURRENT ASSETS
GENERAL FU14DS 1,239,671.24 1,393,853.48
11CQUN11 RECEIVABLE, 14ET 393,159.00 335,947.62
. DUE ;'ROM WATER 657,812.76 216,668.83
BATERIALS AND SUPPLIES 293,075.90 262,310.60
INTEREST INCOME RECEIVABLE 15,279.26 18,748.41
PREPAID EXPENSES AN➢ OTHER 68,376.18 ?0,477.67
TOTAL CURRENT ASSETS 2,667,374.34 2,298,006.61 16.1+ %..'
UNAMORTIZED DEBT DISC AND ISSUE COSTS 156,919.00 154,732.O0
PRELIMINARY SURVEY COSTS AND OTHER 3,141.07 3,G3O.41
TOTAL ASSETS 13,831,647.38 12,614,851.36 9.7+ .
* # TRUCKEE DONNER P.U.D. x '
is ELECTRIC BALANCE SKEET
FOR PERIOD ENDING OCTOBER 31, 1991
CURRENT LAST YEAR
Y-T-➢ AMOUNT Y-T-D AMOUNT
E Q U I T Y & L I A B I L I T I E S
--------------------------------------
RETAINE➢ EARNINGS 8,580,614.56 7,891,172.54
DEBT
ADMINISTRATIVE OFFICE BUILDING LEASE 2,840,000.00 2,895,000.00
REA 96,573.52 118,573.52
IDAHO FIRST - IBM COMPUTER LEASE 32,240.65 62,452.00
LINE TRUCK UNIT 10 168,572.70 .00
TOTAL DEFT 3,137,386.87 3,076,025.52 2.0+
CURRENT LIABILITIES
ACCOUNTS PAYABLE 775,088.96 721,512.62
CONSUMER DEPOSITS l71,501.61 183,710.36
. ACII'j,-I I14TEIIIT PAYABLE 57,329.30 56,545.13
DEFERRED STA14DEY FEES .00 .00
ACCRUED COMPENSATION & RELATED COSTS 115,062.24 14,835.81
TOTAL CURRENT LIABILITIES 1,118,982.11 976,603.92 14.6+ %.,.'
CONSTRUCTION ADVANCES 686,569.10 478,670.39
EMPLOYEE DEFERRED COMPENSATION - ICMA 308,094.74 192,378.99
------------ ------------
TOTAL EQUITY ANB LIABILITIES 13,831,647.38 12,614,851.36 9.7+ %
* t * TRUCKER DOVNER P.U,D. :
ELECTRIC INCOME STATEMENT
FOR PERIOD ENDING OCTOBER 31, 1991
CURRENT LAST YEAR
Y—T—D AMOUNT Y—T—D AMOUNT
OPERATING REVENUE
RESIEENTI?sL 2,534,478.53 2,354,336.76
COMMERCIAL 1,875,268.41 1,849,611.43
LARGE COMMERCIAL 516,616.20 543,631.53
SALES TO PUELIC AUTUCRITIES 72,495.03 68,795,52
FUEL CHARGE 94,602.16 333,540.68
INTERDEPARTMENTAL 505,130.45 419,854.04
——------——---- ------—-------
TOTAL ENERGY SALES 5,508,590.7E 5,S69,769.96
MISC OPERATING REVENUE 87,827.02 88,563.55
MISCELLANEOUS RENTS 35,468.76 34,977.98
STANDBY REVENUE 25,287.50 26,385.00
INTERDEPARTMENTAL RENT 96,019.20 46,670.00
TOTAL OPERATING REVE14UE 5,843,193.26 5,766,366.49
ERAT1tG EXPENSES
PURCHASED POWER 3,957,384.29 3,795,088.22
DISTRIBUTION OPERATIONS 396,482,04 297,317.38
DISTRIBUTION MAINTENANCE 69,473.33 98,971.18
CUSTUMER ACCOUNTING & INFORMATION 229,180.28 278,691.28
ADMINISTRATION & GENERAL 562,994.97 472,881.41
DEPRECIATION 315,794.78 304,250.00
OTHER OPERATING EXPENSES 53,998.18CP, 152,264.85
TOTAL OPERATING EXPENSES 5,477,311.51 5,399,484.32
NET OPERATING REVENUE 365,881.75 366,882.17
OTHER REVENUE (EXPENSE)
INTEREST INCOF-E 184,410,66 198,431.10
INTEREST EXPENSE 206,520.18CR 204,378,59CR
NET REVENUE (LOSS) 343,772.23 360,934.68
* TRUCKEE DONNER P.U.D. * '
WATER BALANCE SHEET
FOR PERIOD ENDING OCTOBER 31, 1991
CURRENT LAST YEAR
Y-T-D AMOUNT Y-T-➢ AMOUNT
A S S E T S
UTILITY PLANT 7,477,297.65 2,027,116.84
RESTRICTED FUNDS
WATER SYSTEM IMPROVEMENT PROJECT
ACQUISITION FUND 3,569,687.57 .00
RESERVE FUND 829,072.67 .00
CAPITALIZED INTEREST FUND 1,409,235.51 .00
FACILITIES FEES 863,608.66 697,159.75
WEST RIVER STREET ASSESSMENT DIST 15,724.14 10,338.12
BUILDING FUND 691,594.76 639,978.55
RESERVE FOR FUTURE METERS 684,587.48 599,019.32
TAHOE DORNER WATER SYSTEM; FUND 166,528.72 105,231.87
PREPAID CONNECTION FEES 39,718,84 64,486.66
TELEMETRY 48,884.51 45,226.33
TOTAL RESTRICTED FJ14D5 8,378j42.B6 2,161,440.60 287.6+
CURRENT ASSETS
GENERAL FUNDS .00 .00
WEST RIVER STREET ASSESSMENT DIST .00 4,792.91
ACCOUNTS RECEIVABLE, NET 66,250.04 19,777,30
DUE FROM ELECTRIC 657,812.76CR 216,668.83CR
MATERIALS AND SUPPLIES 80,769.03 73,050,78
INTEREST !N'COKE RECEIVABLE 54,936.49 14,838.85
PREPAID EXPENSES 55,373.17 50,733.65
TOTAL CURRENT ASSETS 400,484.03CR 53,475.34CR 648.9+ X
UNAMO RTIZED DEBT DISC AND ISSUE COST 613,901,60 .00
TOTAL ASSETS 16,069,358.08 4,135,082.10 288.6+
3 : : TRUCKEE DONNER P.U.U.
WATER BALANCE SHEET
FUR PERIOD ENDING OCTOBER 31, 1391
CURRENT LAST YEAR
Y-T-I) AMOUNT Y-T-D AMOUNT
EQUITY & LIABILITIES
--------------------------------------
RETAINED EARNINCS 3,568,925.24 3,729,862.56
DEBT
WATER SYSTFM IMPROV PROJFCT LEASE 10,510,000.00 '0
UTILITY TRUCK UNIT 3 57,159.03 .00
TOTAL DEBT 10,567,I59.03 .00 100.0+ %
CURRENT LIABILITIES
ACCOUNTS PAYABLE 1,038,352.26 37,579.44
CONSUMER DEPOSITS 33,305.10 32,680.37
ACCRUED INTEREST PAYABLE. 311,069.94 .00
DEFERRED ETA N'DBY FEES .00 .00
ACrRJMD COX ENSATION K :BELATED COSTS 22,02-S L l5,455.44
-
TOT:L CURRENT LIABILITIES 1,404,752.52 86,115.25 531.3+ X
CONSTRUCTION ADVANCES 528,521.29 319,104.29
TOTAL EQUITY AND LIABILITIES 16,069,358.08 4,135,082.10 288.b+ %.<'
* * TRUCKEE DONNER P.U.D. k
WATER INCOME STATEMENT
FOR PERIOD ENDING OCTOBER 31, 1991
CURRENT LAST YEAR
Y-T-D AMOUNT Y-T-D AMOUNT
OPERATING REVENUE
RESIDENTIAL 1,143,556.72 816,028.35
COMMERCIAL 235,783.23 225,333.71
INTERDEPARTMENTAL 457.40 457.40
TOTAL WATER SALES 1,379,797,35 1,041,819.46
HYDRANTS 45,094.04 422899.95
MISC OPERATING REVENUE 18,176.74 32,457.05
MISCELLANEOUS RENTS 997.12 760.99
STANDBY REVENUE 10,507.50 .00
TOTAL OPERATING REVENUE 1,454,572.75 1,117,937.46
OPERATING EXPENSES
PUMPING - POWER PURCHASED 511,354.90 440,126.04
DISTRIBUTION OPERAI'lONS 296,659.78 167,958.18
DISTRIBUTION NIINTINA.NCE 173,335.70 198,849.23
CUSTOnER AE.:COUNTING & INFORMATIC1N 68,579.17 77,525.28
ADMINSTRATION & GENERAL 361,418.26 285,785.77
INTERDEPARTMENTAL RENT 96,019.20 46,670.00
DEPRECIATION 94,814.00 93,041.92
OTHER OPERATING EXPENSE 2,778.71CR 9,384.21
TOTAL OPERATING EXPENSE 1,599,401.80 1,319,340.63
NET OPERATING REVENUE 144,829.05CR 201,403.17CR
OTHER REVENUE (EXPENSE)
INTEREST INCOME 385,828.43 128,B93.20
INTEREST EXPENSE 313,569.55CR 2,002.02CR
EXTRAORDINARY INCOME 28,522.55 335,818.20
N'ET REVENUE (LOSS) 44,047.62CR 261,306.21