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HomeMy WebLinkAbout15 Cost Control Measures Agenda Item # 15 Public Utility District WORKSHOP To: Board of Directors From: Mary Chapman Date: February 03, 2010 Subject: Discussion of District Cost Control Measures 1. WHY THIS MATTER IS BEFORE THE BOARD The Board has asked for a summary of cost cutting measures undertaken by the District. 2. HISTORY Each year, staff identifies ways to cut both operating and capital costs. Some of the cost cutting measures are brought to the Board. Many are part of the daily work performed at the District. Savings from both types are subsequently built into future budgets. 3. NEW INFORMATION Attachment 1 is a list of cost cutting measures for FY08, FY09 and FY10 that are proposed or have already been achieved. This list is by no-means exhaustive but is representative of the results that have been achieved. These measures are made up of: A) Cut or eliminated items resulting in one-time or on-going savings B) "Avoided Costs" resulting in one-time or on-going savings C) Increase in net revenues from sources other than rate increases 4. FISCAL IMPACT Many of these measures were already built into the FY10-FY11 Budgets. The overall affect on rates from these cost cutting measures are 8% for electric and 7% for water. 5. RECOMMENDATION Receive and comment on this report. Mary Ch ano Michael D. Holley Administrative Services Manager General Manager COST CUTTING MEASURES ACHIEVED IN FY08-09 Electric Dept Water Dept One-time&On-going Avoided Cost Increased Savings Savings Total Savings Savings Savings Revenue Personnel Mapping Inern position not filled 47,000 46,000 93,000 93,000 Electric Groundman position not filled 87,000 87,000 87,000 Electric Technician position not filled-attrition 134,000 134,000 134,000 Materials/Services Property&liability insurance-changed carriers/improved focus 2009-10 12,403 12,403 24,806 24,806 Worker's compensation carrier-changed carriers/improved focus 2009-10 32,100 32,100 64,200 64,200 (Experience modifier dropped from 174%to 138%) Changed from propane to natural gas at District building 2,703 2,703 5,406 5,406 Elimination of Teichert storage lease 1,050 1,050 2,100 2,100 Wellness program-6%medical insurance premium savings 40,532 40,532 81,064 81,064 Commodity pricing of motor vehicle fuels 6,946 6,946 13,892 13,892 Wire to Water investments-reduces water department use of electricity 24,515 24,515 24,515 Streamline procurement process-issue annual purchase orders-20%FTE 18,000 18,000 36,000 36,000 Surplus vehicles(6)sold at auction rather than bid-net revenue increase 1,235 3,570 4,805 4,805 Meter lid replacement(2009) 83,000 83,000 83,000 Purchase Power Conservation items: EM&V results 975,000 975,000 975,000 Total FY08-09 $1,357,969 $270,819 $1,628,788 $566,983 $1,058,000 $4,805 ADDITIONAL COST CUTTING MEASURES PLANNED FOR FYI 0/11 Electric Dept Water Dept One-time&On-going Avoided Cost Increased Savings Savings Total Savings Savings Savings Revenue Personnel Water Utility Manager position not filled-attrition 225,000 225,000 225,000 Work Order Accounting position temporarily eliminated 37,500 37,500 75,000 75,000 Materials/Services Elimination of Teichert storage lease-full year savings 5,250 5,250 10,500 10,500 Changed from propane to natural gas at District building-full year savings 10,500 10,500 21,000 21,000 Carport cover-reduction in labor to clear snow off vehicles 20,000 20,000 40,000 40,000 Broadband lease 200,000 200,000 200,000 Street light abandonment 33,100 33,100 33,100 Buiding upgrade-replace boiler&other energy savings measures implemented 10,200 2,200 12,400 12,400 Reduce vehicle fleet&deferred purchases-use of vehicle pool 97,000 41,000 138,000 28,000 110,000 Meter lid replacement(2010) 83,000 83,000 83,000 Purchase Power Power supply costs-negotiate agreement with CalPECO 50,500 50,500 50,500 Power supply costs-Energy efficiency savings due to water metering 100,000 100,000 100,000 Conservation items-TDPUD building energy savings 8,000 8,000 8,000 Total FY08-09 $472,050 $524,450 $996,500 $253,000 $493,000 $250,500 Total Savings FY08,FY09,FY10 $1,830,019 $795,269 $2,625,288 $818,983 $1,561,000 $265,305 %of FY10 Revenue 8% 7% 8%