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Home My WebLink AboutAgenda Packet 2025-09-03 Board of Directors General Manager Jeff Bender TRUCKEE DONNERBrian C. Wright Christa Finn Public Utility DistrictExecutive Leadership Tony Laliotis r PF Chad J. Reed Courtney Murrell Jared Carpenter Steve Randall REGULAR BOARD MEETING Mike Swanson 11570 DONNER PASS ROAD, TRUCKEE Michael Salmon 6:00 PM, Wednesday, September 3, 2025 Steven Poncelet AGENDA Scott Crow Jillian Steward Martina Rochefort 1. Call to Order 2. Roll Call 3. Pledge of Allegiance 4. Changes to the agenda 5. Public Comment — This is time set aside for the public to address the Board on any matter not on the agenda. Testimony related to any agendized matter should be addressed at the time that that item is considered. (The public may comment on any subject that is not on the agenda. Each speaker will be limited to three minutes, but speaker time may be reduced at the discretion of the Board President if there are a large number of speakers on any given subject.) DIRECTOR UPDATE 6. This item provides time for Directors to comment on any item within the purview of the District. DEPARTMENT UPDATES 7. This item provides time for each Department to update the Board of Directors. CONSENT CALENDAR 8. Closeout of the Ski Run Tank Replacement Construction Contract Adopt Resolution 2025-22 accepting the Ski Run Tank Replacement project as complete and authorize the filing of the Notice of Completion. 9. Closeout of the District Pipeline Replacement— 2024 Construction Contract Adopt Resolution 2025-23 accepting the District Pipeline Replacement— 2024 project as complete and authorize the filing of the Notice of Completion. .®. FGfiLIC G SPECIdE RISIRICi LEAIIERSRIP FnNNR0.TI0N R�.SUeK., n:mn w.:m rvrrrn:.r.:...::is:• 11570 Donner Pass Road,Truckee,CA 96161 Phone-530-587-3896-www.tdpud.org Page 1 of 141 10. Consideration of Adopting Resolution 2025-24 Authorizing Staff and Special Counsel to Proceed with the Foreclosure Process on all Parcels with Delinquent Assessments within the CFDs as Required by Bond Covenant. a. Adopt foreclosure Resolution 2025-24 authorizing staff and special counsel to proceed with the foreclosure process on all parcels with delinquent assessments within the CFDs as required by Bond covenant; and b. Authorize the General Manager to execute a contract for legal services with Stradling, Yocca, Carlson, & Rauth for their work relating to the foreclosure on delinquent parcels. 11. Consider approval of the District's updated Conflict of Interest Code a. Approve the District's updated Conflict of Interest Code and direct staff to submit the code to the FPPC for final approval; and b. Direct staff to update District Code Chapter 2.52 upon receipt of final approval from the FPPC 12. Approval of Meeting Minutes Consider approval of August 20, 2025 Board Meeting Minutes 13. Consider Approval of the Treasurer's Report, September 2025 Approve the Treasurer's Report for September 2025 which includes: a. Fund Balances for the Month of June 2025 b. Disbursements for the Month of July 2025 c. Delinquent accounts receivable write-offs in accordance with District Code section 3.12.020 14. Schedule a Public Hearing for November 5, 2025 on the proposed FY26 and FY27 Budget. Schedule a Public Hearing for November 5, 2025 at 6:OOpm, or as soon thereafter, to receive public comment on the proposed FY26 and FY27 Budget. 15. Schedule a Public Hearing for November 5, 2025 on the proposed electric rates for FY26 and FY27. Schedule a Public Hearing for November 5, 2025 at 6:OOpm, or as soon thereafter, to receive public comment on the adoption of an Ordinance of proposed electric rates for the years 2026 and 2027. 16. Consideration to increase the 2025 Annual Authorization for Electric Material Market Basket Purchases Page 2 of 141 Authorize an annual procurement increase of $350,000 for electric material market basket purchases for a total FY25 not-to-exceed amount of$950,000. 17. Closeout of 2025 Asphalt Replacement Project Contract Adopt Resolution 2025-25 accepting the 2025 Asphalt Replacement Project as complete and authorizing the filing of the Notice of Completion. ACTION ITEMS 18. 2025 Water Utility Cost of Service and Rate Study - Establish proposed water rates for FY26 - FY30 and set Public Hearing date of November 19, 2025 for Water Rates Ordinance a. Establish proposed water rates for the five years 2026 through 2030 and begin the rate adoption process in accordance with California's Proposition 218 b. Schedule a Public Hearing on November 19, 2025, starting at 6:00pm or as soon thereafter, to consider adoption by Ordinance the water rates for the years 2026 through 2030 WORKSHOP 19. 2025 Electric Utility Cost of Service and Rate Study Workshop Receive this report and provide direction to staff. ADJOURNMENT The agenda is available for review at the TDPUD Administrative Office and the District's internet website. Posted on Friday, August 29, 2025. Martina Rochefort, District Clerk A copy of the agenda packet is available for public review, during normal business hours, at the District Administrative Office located at 11570 Donner Pass Road. Public participation is encouraged. The meeting location is accessible to people with disabilities. Every reasonable effort will be made to accommodate participation of the disabled in all of the Districts public meetings. If particular accommodations for the disabled are needed (i.e. disability-related aids, or other services), please contact the District Clerk at(530) 582-3923 or martinar@tdpud.org, at least 24 hours in advance of the meeting. Any person with a disability may submit a request for reasonable modification or accommodation to the above-described means for accessing and offering comment at the meeting to Martina Rochefort, District Clerk, or email at martinar@tdpud.org, who will swiftly resolve such a request. Page 3 of 141 AGENDA ITEM #7 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: SUBJECT: This item provides time for each Department to update the Board of Directors. APPROVED BY. Brian C. Wright, General Manager RECOMMENDATION: BACKGROUND: ANALYSIS AND BODY: Department updates are attached for review. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. 5. Developing an inclusive culture drives organizational integration and success. Page 1 of 2 Page 4 of 141 FISCAL IMPACT: There is no fiscal impact associated with this item. ATTACHMENTS: 1. Water Department Update 2. Electric Engineering & Operations Department Update 3. Power Supply Department Update 4. CFO Department Update 5. Human Resources & Risk Management Department Update 6. PIO & Strategic Affairs Department Update Page 2 of 2 Page 5 of 141 Public Utility District MEETING DATE: September 3, 2025 FROM: Chad J. Reed, Water Utility Director SUBJECT: Water Department Update — September 2025 Water Supply Water Production(Gallons) bb bee •%.f lro,OW,000 Oeb •A '"�i lw 000 oao b ... t ;�r. •r. Y.y1' .f.++J ,ri'••'r .rr.,'( '.ff° . tie '` ti rr.• f r;;. ;% fYi 10 �1b` pe 41 Yr. %♦r .•r"r �'riL i� Yrr ''ri` soaoo.00a ii ri,_� ;rf .✓d;,: ;';; '° �� °r,'r,: ieb +131f1i - f aeon Pie ilri rvowmbee° ■2025 Production ■2024 Prududion A 3 Ye Average Figure 1 Water Production for the month of July, is slightly down. Water production during July 2025 declined by 7% compared to July 2024. Against the three-year running average for July, production was 12% lower. These reductions continue to reflect the positive impacts of conservation practices, system efficiency improvements, and milder weather patterns that have reduced irrigation demand. System Updates During the past week, operations crews have addressed a significant number of main line leaks. Their priority has been to respond swiftly while ensuring safety and minimizing water loss. In total, 11 leaks were repaired within the week. Page 1 of 3 Page 6 of 141 i Figure 2 Picture of different leaks experienced over the past two weeks.The crews have fixed 11 leaks during the last week. In addition, summer thunderstorms have presented challenges, particularly with lightning strikes at or near several water facilities. These events caused electrical disruptions, and the crews responded promptly to repair damaged equipment so service could be restored and maintain reliability. Capital Project Updates - Ski-Run Tank— Construction has been completed and is being presented to the Board of Directors during the regular meeting of September 3rd so a resolution can be passed and the notice of completion filed. - 2024 Pipeline Project — Construction has been completed and is being presented to the Board of Directors during the regular meeting of September 3rd so a resolution can be passed and the notice of completion filed. Figure 3 Picture from the inside of Tank 6170A.The picture on the left is before the walls were sand blasted and the picture on the right is after the sand blasting and before the new coating system is applied. Page 2 of 3 Page 7 of 141 -6170A Tank Recoating —The interior recoating project is progressing on schedule. By the time of this report, interior wall coatings are complete, with only the floor remaining. The project is expected to meet the October completion deadline without issue. This work is critical for extending the tank's useful life and safeguarding water quality. Interior lining efforts are now in the final stages, with only minor tasks left to conclude. Page 3 of 3 Page 8 of 141 TRUCKEE • Public MEETING DATE: September 3, 2025 FROM: Mike Swanson, Director of Electric Operations & Engineering SUBJECT: Electric Department Update Electric Engineering & Operations Staff are closely monitoring weather conditions, red flag warnings, and regional fire indices, incorporating this information into daily operational briefings. The District has partnered with CloudFire to enhance real-time weather and risk intelligence and is awaiting additional analysis to further refine wildfire response strategies. High fire-risk protocols have been reinforced with field crews, and vegetation management and system inspections remain top priorities. The District's recently adopted Preemptive Power Shutoff (PPS) plan has been distributed to staff, and a tabletop exercise using the Incident Command Structure (ICS) is being planned to test coordination and readiness. The District continues to coordinate with NV Energy and Liberty Utilities to align response strategies and share situational awareness, supporting a unified regional approach to wildfire mitigation and community communications. Engineering Martis Valley Substation Rebuild Construction at the Martis Valley Substation is progressing as planned, with the project on schedule and within budget. Wildfire Mitigation — System Hardening Projects Design standards for upcoming system hardening projects are being finalized, with a focus on ignition risk reduction, system resiliency, and alignment with statewide best practices. Material deliveries have begun, ensuring readiness for construction. The District is awaiting delivery of ductile iron poles, expected later this month, which will support maintaining the overall project timeline. Operations General Order (GO) 165 Inspections Crews have completed all GO 165 inspections across the District's electric infrastructure. These inspections are critical to maintaining regulatory compliance and ensuring system reliability during elevated wildfire conditions. Findings from the inspections are being used to prioritize targeted maintenance and capital improvements. PPS Patrol Dry Runs To improve operational readiness, the District is conducting dry runs of PPS patrols to establish optimal routes and accurately estimate patrol durations. This preparation Page 1 of 2 Page 9 of 141 enhances the District's ability to provide timely and accurate restoration estimates during potential PPS, PSOM, or PSPS events. Covered Conductor Installation The District has initiated its first covered conductor project at Donner Lake's Washoe Loop, a significant step in advancing wildfire mitigation and improving system resiliency in high-risk areas. Vegetation Management Hazard Tree Removal & Facility Clearing The District continues to prioritize hazard tree removal and vegetation clearing around critical electric infrastructure as a key component of its wildfire mitigation strategy. These efforts are conducted in collaboration with local agencies and in full compliance with regulatory requirements. The current fuels reduction project is nearing completion, with approximately 95% of planned work finalized. To support these efforts, the District partnered with CAL FIRE to utilize inmate labor crews, which has expanded defensible space and improved overall project efficiency. Page 2 of 2 Page 10 of 141 Public Utility District MEETING DATE: September 3, 2025 FROM: Jared Carpenter, Director of Electric Power Supply SUBJECT: Power Supply Update Power Supply August included a UAMPS Board meeting, and the UAMPS annual member conference. Power Supply Highlights for July 2025: - 61% of our energy came from renewable resources, 39% from carbon emitting - Renewable energy from biomass was received for the first time in 2025 - Non-carbon emitting is still 0% due to Veyo being offline - Peak demand occurred at 23:00 on 7/8/2023 - Coincidental and Actual peak demand was similar July 2025 Power Portfolio ■Carbon Ernmitting ■ Non-Carbon Emmitting ■ Renewable Page 1 of 2 Page 11 of 141 Current vs 3-Year Average Power Supply 12.000,000 10,000,000 8.000,000 6,000,000 4,000,000 2,000,000 0 ■ ■ ■ 1 2 3 4 5 6 7 8 9 10 11 12 issmssms Carbon Emmitting(3-yr average) 11111111 Non-Carbon Emmitting(3-yr average) IIIIIII Renewable(3-yr average) —— Carbon Emmitting(Active in 2025) Non-Carbon Emmitting(Active in 2025) ——— Renewable(Active in 2025) Demand (kW) - Actual vs. Coincidental 40000 35000 30000 25000 20000 15000 10000 5000 0 lee NIP le �p -Actual Peak kW -Coindental Peak kW Page 2 of 2 Page 12 of 141 r4011*�TRILIICKEE • Public Utility District MEETING DATE: September 3, 2025 FROM: Michael Salmon, CFO SUBJECT: CFO Department Update Customer Service - Time of Use Residential, account enrollment as of July 2025 (Jan 2025): o Primary 36 (32) +1 from June o Secondary 21 (17) +1 from June - 981 YTD July kWh billed per account per month average o Down 1.5% to last year o Down 3.5% to three-year average - 6,192 YTD July gallons billed per account per month average o Up 6% to last year o Up 12% to three-year average - $1.42 Million YTD July 2025 Power Cost Adjustment (PCA) credits billed - $0.2351 YTD July 2025 per kWh retail, post-PCA o Up 8.4% to prior year o Down 5.7% to pre-PCA - YTD July Billing Information: Electric Water Jan $ 3,720 $ 1,592 Feb 4,365 1,618 Mar 3,494 1,585 Apr 3,111 1,580 May 3,283 1,619 Jun 2,770 1,747 Jul 2,824 1,876 YTD $ 23,568 $ 11,617 Accounts 14,865 13,748 change to py 0.4% 0.4% Page 1 of 3 Page 13 of 141 - Customer Service Satisfaction Scores, July 2025 Overall, haw satisfied were you with the experience w... LJ Q Answered: 29 Skipped: 0 100% 90% 80% 70% 6o% 50% 40% 30% 20% 10% 0% -- � Extremely Very Somewhat Not so Not at all satisfied satisfied satisfied satisfied satisfied Haw much time did it take us to address your questio... LJ Q Answered:28 Skipped:I 100% 90% 80% 70% 60% 50% 40% 30% 20% 10°fo 0% Much Shorter About what Longer Much shorter than 1 expected than longer than than expected expected expected expected Page 2 of 3 Page 14 of 141 Please provide your customer type for this service int... LJ Q Answered: 29 Skipped: 0 Residential, Full Time Residential, Second Horne Cornmerciat 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Please categorized the reason(s) for your service call C� Q Answered: 23 Skipped: 6 100% 80% 60% 40% 20% 0% Billing Payment New Power Water leak New question question Service or outage Commercial Stop Service Service... Facilities • Coordinated asphalt patch repairs various locations • New gate opening sensor wires, deeper and more robust, coordianted with asphalt patch repairs. Optimisitc this is solving a long-standing annual issue. • Completed framing work for new lobby kiosk Page 3 of 3 Page 15 of 141 Public Utility District MEETING DATE: September 3, 2025 FROM: Jillian Steward, HR & Risk Director SUBJECT: Human Resources and Risk Department Update Culture • 9/03 - Birthday and Anniversary Celebration - World Coconut Day • In August, the District's employee funded community donation program, Charging Communities Forward Fund, allocated $500 for the Stuff the Bus drive to supply local TTUSD teachers, parents and students with school supplies ahead of the new school year. Employees who contribute a portion of their paycheck to the fund, also volunteered their time to purchase the donated items. We were able to supply backpacks, water bottles, calculators, binders, pencils, pens, gloves, pencil sharpeners, personal hygiene items, snacks and more! Recognition • Matt Wellise & Kris Cullen — Integrity Staff Development • 9/23 — Leadership Meeting — Emergency Action Plan Training Safety & Risk • 9/24 — Confined Spaces and Non-Entry Rescue Training at TSD • 9/25 - Safety Committee Meeting Events • 4th Annual District Day was held on 8/13 • Thunderstorms softball season came to an end in the first round of playoffs. However, the team did end the second half of the season in 1 st place with 5 wins and only one loss and had the most overall wins of the whole season at 8. Way to go Thunderstorms! Page 1 of 1 Page 16 of 141 Public Utility District MEETING DATE: July 2, 2025 FROM: Steven Poncelet, PIO & Strategic Affairs Director SUBJECT: PIO & Strategic Affairs Department Update P1O Update: The District continues to communicate and be out in the community. Recent press releases and advertising/social media outreach included Charging Futures Forward and the formal launch of the District's water campaign to educate our customers and community about the District's water resources (Martis Valley), infrastructure to deliver water, and the steps taken to ensure outstanding water quality. The campaign will also shift to the value that the District provides, and the cost-drivers in the water utility industry that are impacting rates. Central to all the water information, are the Board's strategic initiatives of Service Reliability and Safety and Local Watershed Stewardship.A new District webpage has been created to support the campaign (www.tdpud.org/vour-water). The District, in partnership with the Town of Truckee, is also promoting the value of our Martis Valley watershed with a Truckee Mountain Filtered campaign intended to highlight the water resources our community is fortunate to have. A separate website from the District's and Town's has been;,—being developed and recentlyw+la—be launched soon (www.truckeemountainfilte red.org).. District staff have also been working with the Town of Truckee and Tahoe Forest Hospital District on a Truckee Community Block Party on Thursday, September 18t" from 5PM to 7PM downtown at the Depot. This Town of Truckee led event was inspired by the neighborhood block parties that the District, Town, and Nevada County hosted starting 15 years ago. The original theme was delivering public services directly to our community`one neighborhood at a time'. These events were successful for a few years but did require significant resources and faded out over time as other events (Truckee Thursday's, etc.) became more prevalent. Details on the event can be found at www.townoftruckee.gov/TruckeeBIockParty. The September 18t" block party is still motivated by delivering public and community services directly to the people and is hoped to offer a more engaging and `local' event. To date, there are already —30 public agencies and local non-profits participating who serve our community. The District will have a booth providing our typical information and services but also highlighting key timely issues such as wildfire mitigation, water campaign, and the on-going process for investing in our electric/water utilities and creating the associated budgets and rates. Strategic Affairs Update: The District continues to work with our Martis Valley Groundwater Management Plan partners (Northstar Community Services District and Placer County Water Agency) to Page 1 of 2 Page 17 of 141 finalize the collaborative adoption of the Martis GMP and respond to the comments received during the NCSD and District public hearings to adopt the GMP. GMP partner agency staff did meet with a representative from Trout Unlimited and had a productive conversation focused on how best to collaborate within the Martis Valley watershed going forward, including leveraging the existing Memorandum of Understand (MOU)between the GMP partners and the Truckee River Watershed Council. Staff are reaching out to staff at TRWC to set up another meeting to continue this discussion. The District was the host utility for the Utah Associated Municipal Power Systems(UAMPS) annual meeting held in Olympic Valley, CA August 17-191". The UAMPS annual meeting brings hundreds of utility representatives and guests together from across the inter- mountain west to engage together on the many issues facing electric utilities and the public power community. Key topics included wildfire mitigation, regional electric markets, and leading today's modern electric utility. The District's Board President gave the main conference welcome, and the Geneal Manager was on a panel highlighting the benefits of emergency response planning and execution. Staff also attended the CMUA Regional Climate Resilience Workshop for electric utilities in Roseville, CA on August 11 t". This event included experts from the Department of Energy— Argon National Laboratory and the Electric Power Research Institute(EPRI)who presented the latest data and information on the impacts of climate change on electric utility infrastructure and demand. Page 2 of 2 Page 18 of 141 AGENDA ITEM #8 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Neil Kaufman, System Engineer Chad Reed, Water Utility Director SUBJECT: Closeout of the Ski Run Tank Replacement Construction Contract APPROVED BY. Brian C. Wright, General Manager RECOMMENDATION: Adopt Resolution 2025-22 accepting the Ski Run Tank Replacement project as complete and authorize the filing of the Notice of Completion. BACKGROUND: In May 2024, the Board of Directors awarded the Ski Run Tank Replacement construction contract to Resource Development Company (RDC). The bid price from RDC was $1,197,800. The Board also established a ten percent change order allowance of $119,800, for a total authorization of $ $1,317,600. The scope of the project involved construction of a new 214,000 gallon tank adjacent to the original tank that had been constructed in 1973. After the new tank was completed and placed into service, the old tank was demolished and removed. Also included in the project was associated work such as grading, site piping, electrical and communications conduits and paving. RDC began construction in late May 2024. The new tank was completed and placed into service at the end of October 2024. However, RDC was unable to demolish the old tank and perform some other miscellaneous work before the onset of winter. ANALYSIS AND BODY: RDC returned to the project site in July 2025 and began work to complete the project. District staff performed a final walkthrough on the project. The work performed is complete and is recommended to be accepted by the District. Attached to this staff report (Attachment 1) is draft resolution 2025-22 accepting the project and directing that a Notice of Completion be filed with Nevada County. Over the course of the project, five change orders were approved, totaling $40,170. These items involved: Page 1 of 2 Page 19 of 141 • Performing some snow removal in May 2024 to allow the project to proceed in a timely manner • Installation of a french drain along the bottom of the cut slope above the tank • Increasing the size of the overflow piping • Additional aggregate base and drain rock to replace some unsuitable material beneath the tank foundation • Replacement of some additional pavement that was not originally in the scope of work The original bid price was $1,197,800. Once adjustments are made for the items described above, the final contract price is $1,230,470, which is less than the total authorization. Item Amount Original bid price $1,197,800.00 Change order items$40,170.00 Total $1,230,470.00 GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. FISCAL IMPACT: The bid price from Resource Development was $1,197,800 and a ten percent change order allowance of $119,800 was established, for a total authorization of $1,317,600. The total amount paid to Resource Development Company was $1,230,470 or $87,000 under the total authorization amount. ATTACHMENTS: 1. Resolution 2025-22 Page 2 of 2 Page 20 of 141 Districto;-"kl Public Utility Resolution No. 2025-22 AUTHORIZING THE ACCEPTANCE OF THE SKI RUN TANK REPLACEMENT PROJECT AND DIRECTING FILING OF THE NOTICE OF COMPLETION WHEREAS, the Board of Directors of the Truckee Donner Public Utility District made the determination to undertake the Ski Run Tank Replacement project; and WHEREAS, Farr Construction Corporation (dba Resource Development Company) was selected by the District to perform the work; and WHEREAS, Farr Construction Corporation (dba Resource Development Company) has completed all of the Work included in the Project; and NOW THEREFORE BE IT RESOLVED by the Board of Directors of the District as follows: 1. That the District hereby accepts the Ski Run Tank Replacement project as complete. 2. That the Clerk of the District be directed to file with the County of Nevada the Notice of Completion, a copy of which is attached hereto. 3. That 35 days following the filing of the Notice of Completion, the monies retained from the contractor payments be released to the contractor if no claims have been made to the District by material suppliers or laborers. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 3rd day of September 2025, by the following roll call vote: AYES: NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Christa Finn, President of the Board ATTEST: Brian Wright, General Manager Page 21 of 141 RECORDING REQUESTED BY: Truckee Donner Public Utility District WHEN RECORDED, RETURN TO: TRUCKEE DONNER PUBLIC UTILITY DISTRICT Brian Wright, General Manager 11570 Donner Pass Road Truckee, CA 96161-4947 THE UNDERSIGNED DECLARES DOCUMENTARY TRANSFER TAX- NONE NOTICE OF COMPLETION NOTICE IS HEREBY GIVEN: 1. That the name and address of the public entity for whom the improvement project was done, as owner thereof, is the Truckee Donner Public Utility District, 11570 Donner Pass Road, Truckee, CA 96161. 2. Nature of interest or estate of owner: beneficial interest of a public utility of electric and water facilities. 3. That on September 3, 2025, the hereinafter described improvements were accepted as complete pursuant to Resolution 2025-22 of the Truckee Donner Public Utility District, the awarding authority. 4. That the subject improvements of the notice are generally described and identified as follows: Ski Run Tank Replacement project. 5. That the name and address of the contractor for such project was: Farr Construction Corporation (dba Resource Development Company), 1050 Linda Way, Sparks, Nevada 89431. 1 certify under penalty of perjury under the laws of the State of California that the foregoing is true and correct. Dated: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Brian Wright, General Manager MAIL TAX STATEMENTS TO: SAME AS ABOVE Legal References: CC-3093,CCP-2003 (oath), 2015.5 (unsworn statement) Page 22 of 141 AGENDA ITEM #9 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Neil Kaufman, System Engineer Chad Reed, Water Utility Director SUBJECT: Closeout of the District Pipeline Replacement— 2024 Construction Contract APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Adopt Resolution 2025-23 accepting the District Pipeline Replacement — 2024 project as complete and authorize the filing of the Notice of Completion. BACKGROUND: In February 2024, the Board awarded the construction contract for the District Pipeline Replacement — 2024 project to Hansen Brothers Enterprises (HBE) of Grass Valley, California. The project originally covered replacement of about 5,900 feet of pipeline at three locations along Northwoods Boulevard in the Tahoe Donner area. The original bid price was $2,953,189.50. The Board also established a ten percent change order allowance of $295,310.50 for a total authorization not to exceed $3,248,500. During the summer of 2024, HBE completed two of the three pipeline segments along Northwoods Boulevard. In the Fall of 2024, at the request of the District, HBE constructed a pipeline segment across State Route 89 just north of Rainbow Drive to provide a second water pipeline connection into the Prosser Lakeview area. This work was approved by the Board of Directors on October 2, 2024, and the change order allowance for the project was increased from $295,310.50 to $620,000 at that time, for a total authorization of$3,573,189.50. ANALYSIS AND BODY: In May 2025, work began on the third pipeline segment along Northwoods Boulevard. District staff performed a final walkthrough on the project. The work performed is complete and it is recommended to be accepted by the District. Attached is a draft Resolution (Attachment 1) accepting the project and directing that a Notice of Completion be filed with Nevada County. There were three change order requests during the course of the project. Page 1 of 3 Page 23 of 141 These issues covered: • Re-routing and replacement of an underdrain on Northwoods Blvd. near Fjord Road; • Installation of the second pipeline connection to Prosser Lakeview on SR 89 North; and • Use of drain rock for trench backfill due to high groundwater levels. The contract is based on a unit price bid. Attachment 2 shows the differences between bid totals and the amounts actually constructed. This analysis results in a $172,321.09 payment to the HBE. This payment results mainly from additional pavement restoration costs. The original bid schedule for the project is based upon a replacement pavement thickness of 4.5 inches. The actual pavement thickness on Northwoods Boulevard is six inches. In addition, during the summer of 2024, HBE was having difficulty in obtaining the specified water meter boxes from the supplier in a timely manner. The District was able to provide a number of meter boxes, which allowed the project to continue. The District is owed a credit of$50,071.32 for these materials provided to HBE. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. FISCAL IMPACT: The actual versus bid amounts are shown in the table below. The total authorized contract amount was $3,573,190, and the final contract amount is $3,402,809. Page 2 of 3 Page 24 of 141 Contract Board Actual Approval Amounts Amounts Original Bid $ 2,953,190 $ 2,953,190 Board approval21712024 Change Orders Underdrain on Northwoods near Fjord 26,439 Drain rock 1,433 recon of bid vs.actual quantities 172,321 credit for District-provided materials (50,071) Change Orders,subtotal 150,122 295,310 Board approval 21712024 Initial Project subtotal 3,103,312 3,248,500 additional Change Order Highway 89 North pipeline segment 299,497 324,669 Board approval 101212024 Contract Total $ 3,402,809 $ 3,573,189 Variance $ 170,380 4.8% ATTACHMENTS: 1. Resolution 2025-23 2. Closeout Bid Vs Actual - To Board Page 3 of 3 Page 25 of 141 ■ r IF' PLiblic Utility District Resolution No. 2025-23 AUTHORIZING THE ACCEPTANCE OF THE DISTRICT PIPELINE REPLACEMENT-2024 PROJECT AND DIRECTING FILING OF THE NOTICE OF COMPLETION WHEREAS, the Board of Directors of the Truckee Donner Public Utility District made the determination to undertake the District Pipeline Replacement-2024 project; and WHEREAS, Hansen Brothers Enterprises was selected by the District to perform the work; and WHEREAS, Hansen Brothers Enterprises has completed all of the Work included in the Project; and NOW THEREFORE BE IT RESOLVED by the Board of Directors of the District as follows: 1. That the District hereby accepts the District Pipeline Replacement-2024 project as complete. 2. That the Clerk of the District be directed to file with the County of Nevada the Notice of Completion, a copy of which is attached hereto. 3. That 35 days following the filing of the Notice of Completion, the monies retained from the contractor payments be released to the contractor if no claims have been made to the District by material suppliers or laborers. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the V day of September 2025, by the following roll call vote: AYES: NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Christa Finn, President of the Board ATTEST: Brian Wright, General Manager Page 26 of 141 RECORDING REQUESTED BY: Truckee Donner Public Utility District WHEN RECORDED, RETURN TO: TRUCKEE DONNER PUBLIC UTILITY DISTRICT Brian Wright, General Manager 11570 Donner Pass Road Truckee, CA 96161-4947 THE UNDERSIGNED DECLARES DOCUMENTARY TRANSFER TAX- NONE NOTICE OF COMPLETION NOTICE IS HEREBY GIVEN: 1. That the name and address of the public entity for whom the improvement project was done, as owner thereof, is the Truckee Donner Public Utility District, 11570 Donner Pass Road, Truckee, CA 96161. 2. Nature of interest or estate of owner: beneficial interest of a public utility of electric and water facilities. 3. That on September 3, 2025 the hereinafter described improvements were accepted as complete pursuant to Resolution 2025-23 of the Truckee Donner Public Utility District, the awarding authority. 4. That the subject improvements of the notice are generally described and identified as follows: District Pipeline Replacement-2024 project. 5. That the name and address of the contractor for such project was: Hansen Bros. Enterprises, PO Box 1599, Grass Valley, California 95945. 1 certify under penalty of perjury under the laws of the State of California that the foregoing is true and correct. Dated: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Brian Wright, General Manager MAIL TAX STATEMENTS TO: SAME AS ABOVE Legal References: CC-3093,CCP-2003 (oath), 2015.5 (unsworn statement) Page 27 of 141 Analysis of Bid Quantities vs.Actual Quantities Constructed District Pipeline Replacement-2024 Contractor: Hansen Bros. Enterprises Bid Amounts Actual Amounts Bid Item Description Quantity Units Unit Price Subtotal Quantity Units Unit Price Subtotal 1 Mobilization 1 LS $ 10,007.22 $ 10,007.22 1 LS $ 10,007.22 $ 10,007.22 1A 8"Water Main 1,936 FT $ 245.90 $ 476,062.40 1,936 FT $ 245.90 $ 476,062.40 1B Two 8"Water Mains 57 FT $ 204.52 $ 11,657.64 57 FT $ 204.52 $ 11,657.64 1C 2"PE Water Service Lateral 640 FT $ 191.78 $ 122,739.20 617 FT $ 191.78 $ 118,328.26 1 D Single Water Service(SS) 1 EA $ 10,274.81 $ 10,274.81 1 EA $ 10,274.81 $ 10,274.81 1 E Double Water Service for Lower Pressure Area(DSL) 14 EA $ 10,914.98 $ 152,809.72 14 EA $ 10,914.98 $ 152,809.72 1 F Double Water Service with One Lot Vacant(DSV) 1 EA $ 6,401.35 $ 6,401.35 1 EA $ 6,401.35 $ 6,401.35 1G Connect To Exist Single Water Service(SS) 1 EA $ 1,979.03 $ 1,979.03 1 EA $ 1,979.03 $ 1,979.03 1 H Connect To Exist Double Water Service with One Lot Vacant(DSV) 2 EA $ 2,236.10 $ 4,472.20 2 EA $ 2,236.10 $ 4,472.20 11 Fire Hydrant Assembly 3 EA $ 19,267.78 $ 57,803.34 3 EA $ 19,267.78 $ 57,803.34 1J Tee/Check Valve Assembly at Station 1+01 1 LS $ 30,063.97 $ 30,063.97 1 LS $ 30,063.97 $ 30,063.97 1 K Tee/Valve Assembly at Station 5+33 1 LS $ 9,609.12 $ 9,609.12 1 LS $ 9,609.12 $ 9,609.12 1 L Tee/Valve Assembly at Station 16+05 1 LS $ 5,475.27 $ 5,475.27 1 LS $ 5,475.27 $ 5,475.27 1 M Tee/Valve Assembly at Station 17+70 2 EA $ 6,457.70 $ 12,915.40 1 EA $ 6,457.70 $ 6,457.70 1 N Connection to Existing 8"Steel Pipe at Station 0+00 1 LS $ 7,695.74 $ 7,695.74 1 LS $ 7,695.74 $ 7,695.74 10 Connection to Existing 8"PVC Pipe at Station 0+44,Offset Right 1 LS $ 9,302.74 $ 9,302.74 1 LS $ 9,302.74 $ 9,302.74 1P Connection to Existing 8"PVC Pipe at Station 19+92.51 1 LS $ 3,167.71 $ 3,167.71 1 LS $ 3,167.71 $ 3,167.71 1Q Rock Excavation 40 HRS $ 550.86 $ 22,034.40 0 HRS $ 550.86 $ - 1 R AC Pavement and Base(trench restoration) 13,000 SF $ 9.63 $ 125,190.00 16,408 SF $ 9.63 $ 158,009.04 1S Additional%"Thickness of AC Pavement(trench restoration) 13,000 SF $ 0.67 $ 8,710.00 65,592 SF $ 0.67 $ 43,946.64 1T All Other Work Required by the Contract Documents 1 LS $ 25,554.44 $ 25,554.44 1 LS $ 25,554.44 $ 25,554.44 2A 8"Water Main 458 FT $ 191.24 $ 87,587.92 458 FT $ 191.24 $ 87,587.92 2B 2"PE Water Service Lateral 20 FT $ 241.52 $ 4,830.40 5 FT $ 241.52 $ 1,207.60 2C Single Water Service(SS) 2 EA $ 7,594.62 $ 15,189.24 2 EA $ 7,594.62 $ 15,189.24 2D Connection to New 8"Gate Valve at Station 0+00 1 LS $ 1,526.25 $ 1,526.25 1 LS $ 1,526.25 $ 1,526.25 2E Connection to Existing 8"PVC Pipe at Station 4+57.99 1 LS $ 2,291.82 $ 2,291.82 1 LS $ 2,291.82 $ 2,291.82 2F Rock Excavation 2 HRS $ 809.47 $ 1,618.94 0 HRS $ 809.47 $ - 2G All Other Work Required by the Contract Documents 1 LS $ 18,800.81 $ 18,800.81 1 LS $ 18,800.81 $ 18,800.81 3A 8"Water Main 2,068 FT $ 243.45 $ 503,454.60 2,140 FT $ 243.45 $ 520,983.00 3B 2"PE Water Service Lateral 720 FT $ 125.21 $ 90,151.20 658 FT $ 125.21 $ 82,388.18 3C Double Water Service(DS) 12 EA $ 8,147.86 $ 97,774.32 10 EA $ 8,147.86 $ 81,478.60 3D Double Water Service with One Lot Vacant(DSV) 1 EA $ 6,804.36 $ 6,804.36 1 EA $ 6,804.36 $ 6,804.36 3E Double Water Service with Both Lots Vacant(D2V) 1 EA $ 10,178.96 $ 10,178.96 2 EA $ 10,178.96 $ 20,357.92 3F Connect to Existing Double Water Service(DS) 1 EA $ 2,208.90 $ 2,208.90 1 EA $ 2,208.90 $ 2,208.90 3G Connect to Existing Double Water Service with One Lot Vacant(DSV) 3 EA $ 2,193.73 $ 6,581.19 3 EA $ 2,193.73 $ 6,581.19 3H Connect to Existing Double Water Service for Lower Pressure Area(DSL) 2 EA $ 2,410.85 $ 4,821.70 2 EA $ 2,410.85 $ 4,821.70 31 Fire Hydrant Assembly 4 EA $ 19,455.85 $ 77,823.40 4 EA $ 19,455.85 $ 77,823.40 3J Tee/Valve Assembly at Station 4+54 1 LS $ 33,058.82 $ 33,058.82 1 LS $ 33,058.82 $ 33,058.82 3K Tee/Valve Assembly at Station 17+77 1 LS $ 8,025.87 $ 8,025.87 1 LS $ 8,025.87 $ 8,025.87 3L Tee/Valve Assembly at Station 19+95 1 LS $ 5,078.16 $ 5,078.16 1 LS $ 5,078.16 $ 5,078.16 3M Connection to Existing 8"PVC Pipe at Station 0+00 1 LS $ 4,920.75 $ 4,920.75 1 LS $ 4,920.75 $ 4,920.75 3N Connection to Existing 8"Steel Pipe at Station 4+66,Offset Left 1 LS $ 4,995.16 $ 4,995.16 1 LS $ 4,995.16 $ 4,995.16 30 Connection to Existing 8"Steel Pipe at Station 20+67.31 1 LS $ 4,995.16 $ 4,995.16 1 LS $ 4,995.16 $ 4,995.16 3P Rock Excavation 40 HRS $ 554.34 $ 22,173.60 60.5 HRS $ 554.34 $ 33,537.57 3Q Asphalt Cement Dike 40 LF $ 84.44 $ 3,377.60 108 LF $ 84.44 $ 9,119.52 Page 28 of 141 Bid Amounts Actual Amounts Bid Item Description Quantity Units Unit Price Subtotal Quantity Units Unit Price Subtotal 3R AC Pavement and Base(trench restoration) 15,000 SF $ 10.39 $ 155,850.00 18,538 SF $ 10.39 $ 192,609.82 3S Additional'/"Thickness of AC Pavement(trench restoration) 15,000 SF $ 0.68 $ 10,200.00 67,979 SF $ 0.68 $ 46,225.72 3T All Other Work Required by the Contract Documents 1 LS $ 25,554.44 $ 25,554.44 1 LS $ 25,554.44 $ 25,554.44 4A 8"Water Main 1,074 FT $ 261.18 $ 280,507.32 1,200 FT $ 261.18 $ 313,416.00 4B 2"PE Water Service Lateral 420 FT $ 121.84 $ 51,172.80 392 FT $ 121.84 $ 47,761.28 4C Single Water Service(SS) 1 EA $ 7,716.13 $ 7,716.13 1 EA $ 7,716.13 $ 7,716.13 4D Double Water Service(DS) 7 EA $ 8,019.48 $ 56,136.36 7 EA $ 8,019.48 $ 56,136.36 4E Connect to Existing Double Water Service(DS) 1 EA $ 2,208.90 $ 2,208.90 1 EA $ 2,208.90 $ 2,208.90 4F Connect to Existing Double Water Service with One Lot Vacant(DSV) 2 EA $ 3,233.73 $ 6,467.46 2 EA $ 3,233.73 $ 6,467.46 4G Fire Hydrant Assembly 2 EA $ 18,115.33 $ 36,230.66 2 EA $ 18,115.33 $ 36,230.66 4H Tee/Valve Assembly at Station 0+24 1 LS $ 7,200.47 $ 7,200.47 1 LS $ 7,200.47 $ 7,200.47 41 Tee/Valve Assembly at Station 9+67 1 LS $ 15,094.75 $ 15,094.75 1 LS $ 15,094.75 $ 15,094.75 4J Connection to Existing 8"Steel Pipe at Station 0+00 1 LS $ 7,940.22 $ 7,940.22 1 LS $ 7,940.22 $ 7,940.22 4K Connection to Existing 8"Steel Pipe at Station 10+73.15 1 LS $ 7,940.22 $ 7,940.22 1 LS $ 7,940.22 $ 7,940.22 4L Rock Excavation 20 HRS $ 617.74 $ 12,354.80 23 HRS $ 617.74 $ 14,208.02 4M AC Pavement and Base(trench restoration) 10,500 SF $ 10.31 $ 108,255.00 10,224 SF $ 10.31 $ 105,409.44 4N Additional'/"Thickness of AC Pavement(trench restoration) 10,500 SF $ 0.67 $ 7,035.00 40,896 SF $ 0.67 $ 27,400.32 40 JAII Other Work Required by the Contract Documents 1 LS $ 23,130.14 1 $ 23,130.14 1 LS 1$ 23,130.14 1 $ 23,130.14 Total $ 2,953,189.50 $ 3,125,510.59 Payment to HBE $ 172,321.09 Page 29 of 141 AGENDA ITEM #10 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Melanie Rives, Finance & Accounting Manager Michael Salmon, Chief Financial Officer SUBJECT: Consideration of Adopting Resolution 2025-24 Authorizing Staff and Special Counsel to Proceed with the Foreclosure Process on all Parcels with Delinquent Assessments within the CFDs as Required by Bond Covenant. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: a. Adopt foreclosure Resolution 2025-24 authorizing staff and special counsel to proceed with the foreclosure process on all parcels with delinquent assessments within the CFDs as required by Bond covenant; and b. Authorize the General Manager to execute a contract for legal services with Stradling, Yocca, Carlson, & Rauth for their work relating to the foreclosure on delinquent parcels. BACKGROUND: This matter concerns the annual update to the Board on Gray's Crossing and Old Greenwood Communities Facilities Districts (CFD's) delinquencies, and the consideration of adopting a foreclosure resolution and contracting with a foreclosure attorney to facilitate the collection of delinquent CFD assessments. In 2003, the Board formed a CFD for the Old Greenwood development. In 2004, the Board formed a CFD for the Gray's Crossing development. Both CFDs were formed for the purpose of selling bonds to finance infrastructure for the developments. The property owners in each CFD are annually assessed through their property tax bill to pay the principal and interest on the bonds. Each year since 2010, and in accordance with the bond covenant requirements, the Board has adopted a foreclosure resolution, authorizing staff and special counsel to proceed with the foreclosure process on all parcels with delinquent assessments in both CFDs. Page 1 of 3 Page 30 of 141 ANALYSIS AND BODY: The bond covenant defines when the foreclosure proceedings apply. The criteria for when the Board must proceed with foreclosure are: A) A parcel or property owner is past due by more than $7,500-1 or B) If more than 5% of the amount billed is past due, all past-due parcels are subject to foreclosure. There are seven property owners in Gray's Crossing who are delinquent (the total has dropped from nine last year). The delinquent assessments totaling $886,386 ($612,600 last year) exceed 5% of the amount billed. The majority (98%) of the total assessment delinquency amount for the 24/25 tax years is due to the three large undeveloped multifamily parcels. The Board must proceed with foreclosure on all the parcels, per bond covenant. There are two property owners in Old Greenwood who are delinquent (two last year). The delinquent assessments totaling $7,352 ($4,335 last year) do not exceed 5% of the amount billed. The board has routinely proceeded with foreclosure on all the delinquent parcels, but is not required by covenant to do so. All property owners have received reminder letters and demand letters prepared by Willdan Financial, the District's third party firm that administers the collection of the assessments. Foreclosure services have been performed for several years for the CFDs by Stradling, Yocca, Carlson, & Rauth (SYCR). SYCR has offices throughout California and has done an excellent job collecting delinquencies each year. The District contracts with SYCR annually for these judicial foreclosure services for the CFDs. Attachment 1 Resolution 2025-24 authorizes the District to perform foreclosures on the delinquent parcels in Gray's Crossing and Old Greenwood and to retain SYCR. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency FISCAL IMPACT: There is no direct fiscal impact to the Truckee Donner Public Utility District with this action item. All charges incurred related to the judicial foreclosure process are the responsibility of the property owners within the respective CFD's. In August 2025, $171,894 ($243,926 last year) was drawn from the Gray's Crossing Reserve Fund to make whole the $2.1 million bond payments due on 9/1/2025, due to Page 2 of 3 Page 31 of 141 the accumulated delinquencies. Post-draw, the reserve balance is $1.8M, while the covenant stipulated reserve balance is $3.3M. Drawing from the Reserve Fund is a reportable event for the bondholders, and the District completed a report. ATTACHMENTS: 1. R2025-24 CFD Authorizing Foreclosure Page 3 of 3 Page 32 of 141 TRUCKEE DONNER Public Utility Distri ct RESOLUTION NO. 2025 - 24 RESOLUTION OF THE BOARD OF DIRECTORS OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT ACTING ON ITS OWN BEHALF AND AS THE GOVERNING BODY OF ALL OF ITS COMMUNITY FACILITIES DISTRICTS (OLD GREENWOOD No. 03-1 AND GRAYS CROSSING No. 04-1) AUTHORIZING FORECLOSURE PROCEEDINGS AND RETENTION OF SPECIAL COUNSEL WHEREAS, the Truckee Donner Public Utility District (the "TDPUD") has conducted proceedings resulting in the formation of Community Facilities Districts ("CFDs"; the District and the CFDs are collectively referred to as "District") and the issuance and sale of bonds or debt pursuant to the Mello-Roos Community Facilities Act of 1982 (Cal. Gov. Code Section 53311 , et seq.; the "Act"); and WHEREAS, pursuant to the Act, the District has duly recorded Notices of Special Tax Lien and has duly and regularly levied CFD special taxes, which special taxes and interest and penalties thereon constitute a lien against the parcel of the land against which it was levied until the same are paid, which liens secure in whole or part debt issued pursuant to the Act; and WHEREAS, certain installments of the special taxes have not been paid when due, and certain special taxes may not be paid when due in the future; and WHEREAS, pursuant to Section 53356.1(a) of the Act, the District is authorized to order the special taxes collected by an action brought in the Superior Court to foreclose their liens; and WHEREAS, pursuant to Section 53356.1(b) of the Act, the District covenanted for the benefit of owners of the debt to file such foreclosure actions on behalf of the debt holders and are authorized to order the County Auditor to credit the delinquent special taxes upon the secured tax roll, thus relieving the County Tax Collector of further duty and regard thereto; and, WHEREAS, the District wishes to retain experienced, qualified counsel to prosecute such judicial foreclosure actions, NOW THEREFORE, BE IT RESOLVED by the Board of Directors of the TDPUD acting on its own behalf and as the Legislative Body of all the District CFDs that: 1. The Board finds that the Act authorizes the commencement of judicial foreclosure proceedings to collect delinquent special taxes, and hereby orders that the delinquent special taxes listed on the attached Exhibit A and all future delinquent special taxes as to such property, be collected by action brought in the appropriate Superior Court to foreclose the liens thereof. Page 33 of 141 2. The General Manager is authorized to retain Stradling Yocca Carlson & Rauth, a law firm, as special counsel on the terms set forth in the agreement presented to the Board to prosecute the foreclosure actions and to collect on behalf of the CFDs all amounts due on account of the special taxes listed in Exhibit A and any subsequent delinquent special taxes. 3. The Board finds that the Act provides for the payment of the costs and attorneys fees for prosecution of the foreclosures authorized by the District and hereby authorizes Attorneys to require payment on its behalf of all costs and all attorneys fees incurred as to each delinquent parcel as a condition of such redemption as provided in the agreement. Adopted by the Board of Directors of the Truckee Donner Public Utility District acting on its own behalf and as the Legislative Body of all its Community Facilities Districts at a regular meeting held on September 3, 2025, by the following vote: AYES: NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT Christa Finn, President ATTEST: Brian Wright, General Manager Page 34 of 141 Attachment 1 EXHIBIT A Parcel Owner's Name District Tax Year(s) Installment(s) 019750007000 HIGH LIFE LLC CFD 03-1R(Old Greenwood) 2024/25 1st&2nd 019750027000 CASTLETON AARON ETAL CFD 03-111(Old Greenwood) 2024/25 1st&2nd 019770002000 SIDDIQUI FAMILY PARTNERSHIP LP CFD 04-1(Gray's Crossing) 2024/25 1st&2nd 019780006000 AAA BUKATY DEVELOPMENT CFD 04-1(Gray's Crossing) 2024/25 1st&2nd 019840004000 BANYTENILLE&ADAM CFD 04-1(Gray's Crossing) 2024/25 1st&2nd 019840028000 WENSTROM MARLON W&LESLY A TRSTES CFD 04-1(Gray's Crossing) 2024/25 2nd 019870019000 THP GC LLC CFD 04-1(Gray's Crossing) 2024/25 1st&2nd 043010005000 SIDDIQUI FAMILY PARTNERSHIP LP CFD 04-1(Gray's Crossing) 2024/25 1st&2nd 043010007000 DK ALVISO LLC jCFD 04-1(Gray's Crossing) 2024/25 1st&2nd Page 35 of 141 AGENDA ITEM #11 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Martina Rochefort, District Clerk/Executive Assistant SUBJECT: Consider approval of the District's updated Conflict of Interest Code APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: a. Approve the District's updated Conflict of Interest Code and direct staff to submit the code to the FPPC for final approval; and b. Direct staff to update District Code Chapter 2.52 upon receipt of final approval from the FPPC BACKGROUND: The Fair Political Practices Commission (FPPC) requires the District to file its Conflict of Interest Code ("Code") on a biennial basis. The District's Conflict of Interest Code was last approved on September 15, 2021 . ANALYSIS AND BODY: An updated version of the District's Conflict of Interest Code (Attachment 2) was submitted to the FPPC for review. Changes to the Conflict of Interest Code included: Updating job titles for Chief Financial Officer, Director of Electric Power Supply, Director of Electric Engineering and Operations, Director of Human Resources and Risk Management, Special Projects Administrator, IT Director/Chief Information Officer/Assistant General Manager and District Clerk/Executive Assistant. The District proposed removing the Contract Administrator position as the position does not participate in or make governmental decisions. The FPPC had minor edits to apply their standard language to the incorporation page and consultant language. Once the edits were mutually agreed upon, the District held a 45-day comment period (Attachment 1) from July 2, 2025 through August 17, 2025 for staff to give input on the changes. There was one clarifying question asked regarding the buyer position; otherwise, no comments were received. Upon Board approval, the FPPC Counsel will sign off on the proposed changes and approve the final Code. The final Code will then need to be incorporated into District Code, Chapter 2.52 Conflict of Interest. Page 1 of 2 Page 36 of 141 GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 6. Manage the District in an effective, efficient and fiscally responsible manner. FISCAL IMPACT: There is no fiscal impact associated with the approval of the updated Conflict of Interest Code. ATTACHMENTS: 1. Notice of Intent to Amend for all TDPUD Staff 2. TDPUD Conflict of Interest Code Strikethrough Page 2 of 2 Page 37 of 141 NOTICE OF INTENTION TO AMEND THE CONFLICT OF INTEREST CODE OF TRUCKEE DONNER PUBLIC UTILITY DISTRICT NOTICE IS HEREBY GIVEN that the Truckee Donner Public Utility District pursuant to the authority vested in it by section 87306 of the Government Code,proposes amendment to its conflict of interest code. A comment period has been established commencing on July 3, 2025 and closing on August 17, 2025. All inquiries should be directed to the contact listed below. The Truckee Donner Public Utility District proposes to amend its conflict of interest code to include employee positions that involve the making or participation in the making of decisions that may foreseeably have a material effect on any financial interest, as set forth in subdivision (a) of section 87302 of the Government Code. The amendment carries out the purposes of the law and no other alternative would do so and be less burdensome to affected persons. Changes to the conflict of interest code include: updating job titles listed for Chief Financial Officer, Director of Electric Power Supply, Director of Electric Engineering and Operations, Director of Human Resources and Risk Management, Special Projects Administrator, IT Director/Chief Information Officer/Assistant General Manager and District Clerk/Executive Assistant, removing Contract Administrator position and also makes other technical changes. The proposed amendment and explanation of the reasons can be obtained from the agency's contact. Any interested person may submit written comments relating to the proposed amendment by submitting them no later than August 17, 2025, or at the conclusion of the public hearing, if requested, whichever comes later. At this time, no public hearing is scheduled. A person may request a hearing no later than August 2, 2025. The Truckee Donner Public Utility District has determined that the proposed amendments: I. Impose no mandate on local agencies or school districts. 2. Impose no costs or savings on any state agency. 3. Impose no costs on any local agency or school district that are required to be reimbursed under Part 7 (commencing with Section 17500) of Division 4 of Title 2 of the Government Code. 4. Will not result in any nondiscretionary costs or savings to local agencies. 5. Will not result in any costs or savings in federal funding to the state. 6. Will not have any potential cost impact on private persons,businesses or small businesses. All inquiries concerning this proposed amendment and any communication required by this notice should be directed to: Martina Rochefort, District Clerk, 530-582-3923, martinar@tdpud.org Page 38 of 141 CONFLICT OF INTEREST CODE FOR THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT 2.52.010 District's Conflict of Interest Code The Political Reform Act(Government Code Section 81000, et seq.) requires state and local government agencies to adopt and promulgate conflict_-of-_interest codes. The Fair Political Practices Commission has adopted a regulation (2 California.. Code of Regulations.. Section 18730) that contains the terms of a standard conflict_-of-_interest code,which can be incorporated by reference in an agency's code. After public notice and hearing, the standard code may be amended by the Fair Political Practices Commission to conform to amendments in the Political Reform Act.Therefore, the terms of 2 California Code of Regulations Section 18730 and any amendments to it duly adopted by the Fair Political Practices Commission are hereby adopted and incorporated by reference. This regulation and Sections 2.52.010-2.52.020 designating positions and establishing disclosure requffirements- at gories shall constitute the conflict_-of-_interest code for the Truckee Donner Public Utility District(District). 2.52.010.1 Place of Filing Individuals holding designated positions shall file their statements of economic interests with the District, which will make the statements available for public inspection and reproduction (Gov.Code§81008). All 9statements fer all,186,, Rated., SitiORS will be retained by the District. 2.52.015 Officials Who Manage Public Investments The following positions are not covered by this conflict_of_interest code because they those iRdiyid als heldiRg these pesitions must file a statement f o,.,,.,,,mic interests pursuaRt fG under Government Code Section 87200 and, therefore, . Thorn .e&ftkN4s are listed for informational purposes only: • Members of the Board of Directors •General Manager • District Treasurer •Assistant Treasurer •Consultants (Those that invest public funds.) An individual holding one of the above-listed positions may contact the Fair Political Practices Commission for assistance or written advice regarding their filing obligations if they believe that their position has been categorized incorrectly. The Fair Political Practices Commission makes the final determination whether a position is covered by Government Code Section 87200. 2.52.020 Designated Positions and Disclosure Categories A. Designated Positions Page 39 of 141 Designated Position Assigned Disclosure Category odrnonostrAtmvp confacpc; Diro + r Chief Financial Officer Commented[LR1]:Retitled 1 ASS18tant n---eR l Manager 4- Commented[MR2]:Position combined with IT Attorney 1 Director/Chief Information Officer EteE;tF'G Utility Direct r P wer Supply ERgiRo . Commented[MR3]:Position was split in two-Director Director of Electric Power Supply I 1 of Electric Power Supply and Director of Electric Director of Electric Engineering and Operations 1 Engineering and Operations Public Information Strategic Affairs Director 1 Commented[LR4]:Was previously Electric Utility Water Utility Director 1 Director/Power Supply Engineer;split into two positions &retitled District Clerk/Executive Assistant 1 Commented[LRS]:Was previously Electric Utility Director/Power Supply Engineer;split into two positions tiseuFl a Manager r n,reGt r Director of Human Resources and Risk &retitled Managements 1 Commented[MR6]:Updated title to include Finance and Accounting Manager 2 "Executive Assistant" Buyer/Clerk 2 Commented[MR7]:Updated title to include"Risk centrr r+ o.+rn0nis+rater 3 Management" Customer Services Manager 3 Commented[MR8]:Substantial changes to position's IT Director/Chief Information Officer/Assistant General Manager duties and responsibilities were made in 2024.Position 3 no longer makes or participates in making IT or SCADA Engineer 3 governmental decisions.See job description attached. Senior Accountant/Analyst 3 Commented[MR9]:Assistant General Manager duties Ralys Special Projects Administrator— were added to position 3 Commented[MR10]:Title change Electric Engineering Manager 3 Electric Engineer 3 Electric Operations Manager or Assistant 3 Water Engineer 3 Water Operations Manager or Superintendent 3 Water System Engineer 3 Consultants/New Positions 131 ,-- Commented[CF111]:Should this be an asterisk? Consultants/-aad--knew Ppositions shall be included in the list of designated positions and shall disclose pursuant to the broadest disclosure category in theth}s rfrr+_ f_;r,+ere +code;subject to the following limitation: The General Manager may determine; in writing that a particular consultant or new position, although a "designated position," is hired to perform a range of duties that is limited in scope and thus is not required to fAl�—comply fullywith the disclosure requirements described in this section. Such written determination shall include a description of the consultant's or new position's duties,and,based upon that description, a statement of the extent of disclosure requirements. The General Manager's determination is a public record and shall be retained for public inspection in the same manner and location as this conflict--of--interest code. (Gov Code Sec. 81008) Page 40 of 141 B. Disclosure Category I Individuals holding designated positions in Disclosure Category I must report their interests in real property located within the jurisdiction or within two miles of the boundaries of the jurisdiction or within two miles of any land owned or used by the District; investments and business positions in business entities,and income, including receipt of loans, gifts, and travel payment,from sources,that: a) provide supplies, materials, machinery, equipment, or vehicles of the type utilized by the District, including: motor and specialty vehicles and parts, petroleum products, construction and building materials(e.g.transformers, poles,wire, cable, pipes), and solar and renewable energy products; b) are contractors providing services utilized by the District, including: educational and medical services, information technology, insurance, engineering, energy pricing, legal, and billing and collection; c) are persons with a permit pending before the District; d) are utility companies or sources that supply power to the District, including solar and renewable power; e) engage in the business of brokering,acquiring, leasing, marketing,disposing, or owning real property; f) provide engineering, energy, or environmental assessment reports including those relating to pricing and demand; g) provide consulting services, including: legal,financial, public relations, labor relations, and energy. ' Formatted:Justified C. Disclosure Category 2 Individuals holding designated positions in Disclosure Category 2 must report their investments and business positions in business entities,and income, including receipt of loans, gifts, and travel payments,from sources,that: a) provide supplies, materials, machinery, equipment, or vehicles of the type utilized by the District, including: motor and specialty vehicles and parts, petroleum products, construction and building materials(e.g.transformers, poles,wire, cable, pipes), and solar and renewable energy products; b) are contractors providing services utilized by the District, including: educational and medical services, information technology, insurance, engineering, energy pricing, legal, and billing and collection; c) are persons with a permit pending before the District; d) are utility companies or sources that supply power to the District, including solar and renewable power; e) engage in the business of brokering, acquiring, leasing, marketing, disposing, or owning real property; f) provide engineering,energy,or environmental assessment reports including those relating to pricing and demand; g) provide consulting services, including: legal,financial, public relations, labor relations, and energy. ' Formatted:Justified D. Disclosure Category 3 Page 41 of 141 Individuals holding designated positions in Disclosure Category 3 must report their investments and business positions in business entities,and income, including receipt of loans,gifts,and travel payments,from sources,that provide services,supplies, materials, machinery,equipment,or vehicles of the type utilized by the department to which the filer has been assigned. Page 42 of 141 AGENDA ITEM #12 r F- -I Public Utility DistrictillIF MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Martina Rochefort, District Clerk/Executive Assistant SUBJECT: Approval of Meeting Minutes APPROVED BY. Brian C. Wright, General Manager RECOMMENDATION: Consider approval of August 20, 2025 Board Meeting Minutes BACKGROUND: ANALYSIS AND BODY: GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 6. Manage the District in an effective, efficient and fiscally responsible manner. FISCAL IMPACT: There is no fiscal impact associated with approval of meeting minutes. ATTACHMENTS: 1. Minutes 2025 0820 DRAFT Page 1 of 1 Page 43 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT REGULAR BOARD MEETING MINUTES TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA 6:00 PM, WEDNESDAY, AUGUST 6, 2025 1. Call to Order Meeting was called to order at 6:01 p.m. 2. Roll Call Directors Present: Courtney Murrell, Steve Randall, Jeff Bender, Vice President Tony Laliotis and President Christa Finn Staff in attendance: Brian Wright, General Manager; Scott Crow, Chief Information Officer/Director of IT/Assistant General Manager; Mike Salmon, Chief Financial Officer; Chad Reed, Water Utility Director; Jared Carpenter, Director of Electric Power Supply; Steven Poncelet, Public Information and Strategic Affairs Director; Mike Swanson, Director of Electric Engineering & Operations; Keith Renshaw, Electric Engineering Manager; Josh Campbell, Senior Electric Engineer; Brad Wuest, IT Security & Applications Manager; Martina Rochefort, District Clerk/Executive Assistant Other: Steve Gross, General Counsel; Shawn Koorn of HDR Engineering, Inc. 3. Pledge of Allegiance Director Murrell led the Pledge of Allegiance. 4. Changes to the agenda No changes were made to the agenda. 5. Public Comment Public comment was received from Brian Helm. One written public comment was received through the website and staff will follow up. DIRECTOR UPDATE 6. Director Bender would like to review the deposit policies at the board level. President Finn attended the annual UAMPS conference at Palisades earlier this week. President Finn asked for community education on downed power lines. CONSENT CALENDAR 7. Consideration of a Contract for Hirschdale Well Rehabilitation Services Authorize the General Manager to execute a construction services contract with Eaton Drilling Company LLC to complete the Hirschdale Well Rehabilitation Project in the amount of$32,627.02 plus a 10% change order authorization for a total not to exceed $35,890.00. 8. Consideration of Approval of a 2025 Q2 Power Cost Adjustment of$0.0099 credit per kWh Billed in September, October, and November 2025. 1 Page 44 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT REGULAR BOARD MEETING MINUTES TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA 6:00 PM, WEDNESDAY, AUGUST 6, 2025 Approve Power Cost Adjustment for 2025 Q2 of$0.0099 credit per kWh billed in September, October, and November 2025. 9. Consideration to Adopt Resolution 2025-21 Rescinding Resolution No. 9519 and Ending the Sole Source Procurement of Eaton Products Adopt Resolution No. 2025-21 rescinding Resolution No. 9519 ending the authorization for sole source procurement of Eaton Products. 10. Consideration of Authorizing the General Manager to Execute a Support Services Program Agreement with NCPA for Vegetation Hazard Analysis Inspection Authorize the General Manager to execute a special services contract under NCPA's Support Services Program Agreement for NV5 to perform a Vegetation Hazard Analysis inspection in the amount of $147,502, plus a 10% change order allowance and $2,610 in administrative fees, for a total not-to- exceed amount of$164,862.20. 11. Consideration of a software subscription agreement with Insight Software Authorize the General Manager to enter into a 5-year subscription plan with Insight Software, with a cost not to exceed $8,200 for FY2025-2026 contract and $42,500 for the total 5-year contract commitment. 12. Consideration of a professional services contract with AVEVA California for Electric SCADA discovery Authorize the General Manager to execute a professional services contract with AVEVA California using a joint purchasing agreement to define a scope of work for a new electrical SCADA system for an amount not to exceed $27,410.00. 13. Consideration of the procurement of new snow removal equipment for the District Authorize the General Manager to execute a procurement contract with Alpine Smith, Inc. for the purchase of a new Multihog MXC130 with Pronovost PGS - 800 snowblower attachment in the amount of$197,135, plus a 10% contingency, for a total authorization not to exceed $216,849, plus taxes and fees. 14. Approval of Meeting Minutes Consider approval of August 6, 2025 Board Meeting Minutes No public comment was received. 2 Page 45 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT REGULAR BOARD MEETING MINUTES TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA 6:00 PM, WEDNESDAY, AUGUST 6, 2025 ACTION: Motion made by Director Randall to approve the Consent Calendar as presented, seconded by Director Laliotis. AYES: Murrell, Randall, Bender, Laliotis and Finn NAYS: none ABSTAIN: none ABSENT: none Motion passed unanimously. ACTION ITEMS 15. Consideration of Resolution No. 2025-20 Declaring the District's Endorsement of Truckee Library Bond Measure G Adopt Resolution No. 2025-20 the District's formal endorsement of the Truckee Library Bond Measure G Steven Poncelet, Public Information and Strategic Affairs Director, presented the item. Public comment was received from April Cole and Kathleen Eagan. Discussion was held. ACTION: Motion made by Director Laliotis to adopt Resolution No. 2025-20, the District's formal endorsement of the Truckee Library Bond Measure G as presented, seconded by Director Bender. AYES: Murrell, Bender, Laliotis and Finn NAYS: none ABSTAIN: Randall ABSENT: none Motion passed unanimously. General Counsel reminded Board Members to endorse measures as individuals, not on behalf of the Board. WORKSHOP 16. 2025 Water Utility Cost of Service and Rate Study Provide input and direction on the 2025 water utility cost of service and rate study. Shawn Koorn of HDR Engineering, Inc. presented the item. No public comment was received. Discussion was held. 17. Budget Workshop #2 a) Receive the information from this workshop item and provide strategic direction to staff regarding Budget 2026 & 2027 preparations. b) Schedule a Budget Public Hearing on 11/5/2025 for the Budget 2026 & 2027 and consideration for approval by the board of the Budget 2026 & 2027 3 Page 46 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT REGULAR BOARD MEETING MINUTES TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA 6:00 PM, WEDNESDAY, AUGUST 6, 2025 Michael Salmon, Chief Financial Officer, presented the item. No public comment was received. Discussion was held. The Board will take action to schedule the public hearing at the next meeting. 18. Workshop on Advanced Powerline Safety Settings (APSS) Receive this presentation and provide feedback to staff. Josh Campbell, Senior Electric Engineer, presented the item. No public comment was received. Discussion was held. ADJOURNMENT Meeting adjourned at 8:18 p.m. TRUCKEE DONNER PUBLIC UTILITY DISTRICT Christa Finn, President Respectfully Submitted, Martina Rochefort, District Clerk 4 Page 47 of 141 AGENDA ITEM #13 r F_ -I Public Utility Districtillp MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Melanie Rives, Finance & Accounting Manager Michael Salmon, Chief Financial Officer SUBJECT: Consider Approval of the Treasurer's Report, September 2025 APPROVED BY. Brian C. Wright, General Manager RECOMMENDATION: Approve the Treasurer's Report for September 2025 which includes: a. Fund Balances for the Month of June 2025 b. Disbursements for the Month of July 2025 c. Delinquent accounts receivable write-offs in accordance with District Code section 3.12.020 BACKGROUND: ANALYSIS AND BODY: GOALS AND OBJECTIVES: FISCAL IMPACT: ATTACHMENTS: 1. 2025-09 Treasurer's Report Page 1 of 1 Page 48 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT TREASURER'S REPORT September 3, 2025 Fund Balances for the Month June 30, 2025 And Disbursements for the Month July 31, 2025 (includes Government Code section 53065.5 items) And Delinquent Accounts Write-offs Page 1 of 17 Page 49 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Summary report of fund balances for the month ending June 30, 2025 and disbursements for July 2025. 1) REQUEST FOR APPROVAL OF DISBURSEMENTS and Check Summary The attached listing of checks and ACH payments issued during July 2025 total $7,596,252.64 in disbursements. 2) EMPLOYEE REIMBURSEMENT FOR INDIVIDUAL CHARGES Per Government Code 53065.5: Each special district, as defined by subdivision (a) of Section 56036, shall, at least annually, disclose any reimbursement paid by the district within the immediately preceding fiscal year of at least one hundred dollars ($100)for each individual charge for services or product received. "Individual charge" includes, but is not limited to, one meal, lodging for one day, transportation, or a registration fee paid to any employee or member of the governing body of the district. The disclosure requirement shall be fulfilled by including the reimbursement information in a document published or printed at least annually by a date determined by that district and shall be made available for public inspection. The Disbursements listing referenced in 1) includes above subject reimbursements information, as applicable. 3) STATEMENT OF GENERAL FUND: As of June 30, 2025 the balance in the General Fund was $21,050,893 (Electric $11,223,811 and Water $9,827,081). 4) FUNDS STATUS REPORT: The total of all funds held in cash and on deposit with US Bank, the Local Agency Investment Fund, Placer County Investment Fund, Utah Public Treasurers' Investment Fund, California CLASS, BNY and TVI Investments as of June 30, 2025 was $63,528,016 ($45,050,797 Electric and $18,477,219 Water). 5) INVESTMENT STATUS REPORT: The majority of the District's investments are in California's Local Agency Investment Fund (LAIF), Utah Public Treasurers' Investment Fund (UPTIF), California CLASS, and the Placer County Investment Fund (PCIF). The earnings rates for the last 13 months were: LAIF PCIF UPTIF 1 YR T-BILL TVI CLASS June 2024 4.48% 3.65% 5.44% 4.86% 0.55% July 2024 4.52% 3.77% 5.43% 4.58% 0.55% August 2024 4.58% 3.80% 5.41% 4.23% 0.55% September 2024 4.58% 3.78% 5.32% 3.85% 0.55% October 2024 4.52% 3.66% 5.04% 4.08% 0.55% 5.00% November 2024 4.48% 3.79% 4.87% 4.11% 0.55% 4.83% December 2024 4.43% 3.73% 4.74% 4.11% 0.55% 4.64% January 2025 4.37% 3.83% 4.55% 3.99% 0.55% 4.42% February 2025 4.33% 4.10% 4.53% 3.91% 0.55% 4.41% March 2025 4.31% 3.86% 4.49% 3.87% 0.55% 4.40% April 2025 4.28% 4.00% 4.49% 3.71% 0.55% 4.39% May 2025 4.27% 3.88% 4.47% 3.95% 0.55% 4.35% June 2025 4.27% 3.90% 4.48% 3.95% 0.55% 4.34% 6) DELINQUENT ACCOUNT RECEIVABLE WRITE-OFF: In accordance with District Code section 3.12.020, the Treasurer has reviewed and approved the write-off of delinquent accounts receivables in the amount of $13,972.98. Refer to the last page of this report for details. Page 2 of 17 Page 50 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Request for Approval of Disbursements The disbursements of the Truckee Donner Public Utility District for the month of July 2025 totaled $7,596,252.64. A listing of those disbursements is attached. AP DISBURSEMENTS METRICS (excludes Payroll): Accounts Payable (A/P) Metrics $ A/P Disbursernenis 8,000,000.00 — — 7,000,000.00 6,000,000.00 — 5,000,000.00 4,000,000.00 3,000,000.00 lilt 2,000,000.00 1,000,000.00 0.00 1110 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2021 ■2022 ■2023 ■2024 2025 # A/P Payments Issued 400 350 300 250 200 I 150 100 50 0 --- -- --- --- --- -- - --- - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2021 ■2022 ■2023 ■2024 2025 # A/P I nvoices Vouchered 1,200 1,000 800 600 400 200 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2021 ■2022 ■2023 ■2024 ■2025 Page 3 of 17 Page 51 of 141 Truckee Donner Public Utility District Check Register CA July 2025 Go,Code 53605.5 Check/Tran Date Type Vendor Vendor Name Item Reference Amount 6326 7/1/2025 WIRE 10360 AFLAC EMPLOYEE PAID INSURANCE $ 787.56 6327 7/1/2025 WIRE 6731 CALIFORNIA DEPARTMENT OF TAX AND FEE USE TAX PAYABLE 84.00 6330 7/1/2025 WIRE 10737 US BANK GOVERNMENT SERVICES CREDIT CARD CHARGES 28,423.26 6316 7/3/2025 PL PL PAYROLL PAYROLL DIRECT DEPOSIT 284,988.02 6317 7/3/2025 WIRE 1359 CALPERS OPEB-CERBT MONTHLY CONTRIBUTION 10,417.00 6318 7/3/2025 WIRE 3824 MISSIONSQUARE 401A/457 CONTRIBUTIONS PPE 06/27/2025 40,998.94 6319 7/3/2025 WIRE 11233 CALIPERS CALIPERS CONTRIBUTIONS PPE 06/27/2025 80,940.31 6320 7/3/2025 WIRE 540 CALIPERS 457 DEFERRED COMP PRGM CALIPERS 457 CONTRIBUTIONS PPE 06/27/2025 25,227.97 6321 7/3/2025 WIRE 7310 INTERNAL REVENUE SERVICE FEDERAL/FICA WITHHOLDING PPE 06/27/2025 145,865.65 6322 7/3/2025 WIRE 905 HEALTHEQUITY INC. EMPLOYEE HSA CONTRIBUTIONS PPE 06/27/25 1,503.34 6323 7/3/2025 WIRE 3094 EMPLOYMENT DEV DEPT SDI/STATE WITHHOLDING PPE 06/27/2025 32,952.53 6325 7/3/2025 WIRE 905 HEALTHEQUITY INC. EMPLOYER HSA DEPOSIT 79,175.50 46884 7/3/2025 DD 5440 ALTEC INDUSTRIES INC REPAIRS&MAINTENANCE 3,185.85 46885 7/3/2025 DD 1537 AMAZON CAPITAL SERVICES,INC COMPUTER EXPENSES 1,499.37 46886 7/3/2025 DD 1453 ELEMENTS MOUNTAIN COMPANY CONTRACT SVCS:PAVING/SLURRY 20,551.35 46887 7/3/2025 DD 10650 EUROFINS EATON ANALYTICAL INC. WATER SAMPLE ANALYSIS 2,136.96 46888 7/3/2025 DD 3340 GENERAL PACIFIC INC EMPLOYEE UNIFORM 237.27 46889 7/3/2025 DD 3349 GLOBAL RENTAL CO INC RENTAL VEHICLE 4,656.39 46890 7/3/2025 DD 3515 GRAYBAR ELECTRIC CO INC MATERIALS&SERVICES 176.32 46891 7/3/2025 DD 3820 IBEW LOCAL 1245 UNION DUES JULY EMPLOYEE CONTRIBUTIONS 7,389.17 46892 7/3/2025 DD 9636 EMPLOYEE VISION REIMBURSEMENT 374.69 46893 7/3/2025 DD 1618 MOBILE DIESEL EMISSIONS TESTING REPAIRS&MAINTENANCE 450.00 46894 7/3/2025 DD 10008 MOTION&FLOW CONTROL PRODUCTS,INC. REPAIRS&MAINTENANCE 1,229.55 46895 7/3/2025 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 15.48 46896 7/3/2025 DD 5130 NCPA MEMBERSHIP DUES 9,260.00 46897 7/3/2025 DD 6403 NEVADA POWER COMPANY PURCHASED POWER-SPPC&NEVADA POWER 12,249.70 46898 7/3/2025 DD 494 NVS,INC. VARIOUS PROJECTS 118,184.00 46899 7/3/2025 DD 1079 O'REI LLY AUTO PARTS REPAIRS&MAINTENANCE 349.42 46900 7/3/2025 DD 820 ONESOURCE SUPPLY SOLUTIONS MATERIALS&SERVICES 17,071.40 46901 7/3/2025 DD 9504397 PACE SUPPLY MATERIALS&SERVICES 1,882.04 46902 7/3/2025 DD 552 RK CONTRACTORS INC. POLE CHANGE OUTS 14,684.58 46903 7/3/2025 DD 1606 SAAS E SOLUTIONS,LLC PROFESSIONAL SERVICES:PROGRAM DELIVERY 5,000.00 46904 7/3/2025 DD 9962 EMPLOYEE VISION REIMBURSEMENT 724.00 46905 7/3/2025 DD 6155 SAFETY-KLEEN CORPORATION HAZARDOUS MATERIAL COMPLIANCE 164.25 46906 7/3/2025 DD 11226 SHRED-IT USA LLC OFFICE SUPPLIES - 46907 7/3/2025 DD 837 SIERRA OFFICE SOLUTIONS XEROX COPIER LEASE 22.89 46908 7/3/2025 DD 6402 SIERRA PACIFIC POWER CO PURCHASED POWER-SPPC&NEVADA POWER 50,669.13 46909 7/3/2025 DD 6604 SPIEGEL&MC DIARMID PROFESSIONAL SERVICES:FERC ISSUES 3,055.00 46910 7/3/2025 DD 1584 STARTING FROM SCRATCH CAFE,LLC BOARD MEETING EXPENSES 697.60 46911 7/3/2025 DD 349 STRADLING YOCCA CARLSON&RAUTH P.C. GC&OG MR ANNUAL ADMIN COSTS 1,432.45 46912 7/3/2025 DD 1357 SWIFT COMMUNICATIONS OF CALIFORNIA GENERAL ADVERTISEMENT 476.00 46913 7/3/2025 DD 1509 TAHOE INFORMATICS LLC PROFESSIONAL SERVICES:MARKETING 1,365.00 46914 7/3/2025 DD 7313 TAHOE SUPPLY COMPANY FACILITY SUPPLIES 488.42 46915 7/3/2025 DD 26 THE BANK OF NEW YORK MELLON DEBT PAYMENTS MONTHLY FUNDINGS(3 COPS) 212,265.13 46916 7/3/2025 DD 1605 TRAVERSE CONSULTING LLC PROFESSIONAL SERVICES:OTHER 5,875.00 46917 7/3/2025 DD 10584 UAMPS PURCHASED POWER-LAMPS 919,514.60 46918 7/3/2025 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 457.26 46919 7/3/2025 DD 1528 UNISYS CORPORATION COMPUTER SOFTWARE MAINTENANCE&SUPPORT 1,615.57 46920 7/3/2025 DD 320 W&T GRAPHIX SCREEN PRINTING& EMPLOYEE UNIFORMS 188.03 46921 7/3/2025 DD 630 WESTERN AREA POWER ADMINISTRATION ENVIRONMENTAL COMPLIANCE FEES 5,360.54 46922 7/3/2025 DD 816 WESTERN ENVIRONMENTAL TESTING WATER SAMPLE ANALYSIS 712.72 46923 7/3/2025 DD 7820 WESTERN NEVADA SUPPLY CO MATERIALS&SERVICES 589.73 46924 7/3/2025 DD 10678 WILLDAN FINANCIAL SERVICES GC MR ANNUALADMIN COSTS 5,142.00 136065 7/3/2025 CHK 134 ANIXTER INC. MATERIALS&SERVICES 1,111.80 136066 7/3/2025 CHK 1006 CALIFORNIA STATE DISBURSEMENT UNIT CHILD SUPPORT PPE 06/27/2025 115.38 136067 7/3/2025 CHK 5661 DOORKING,INC BUILDING MAINTENANCE 45.95 136068 7/3/2025 CHK 193 EASTERN REGIONAL LANDFILL LANDFILLCHARGES 171.50 136069 7/3/2025 CHK 1242 GRATEFULGARDENS BUILDING MAINTENANCE 570.00 136071 7/3/2025 CHK 74 HEAVY EQUIP INC. 2025 PIPELINE REPLACEMENT 338,010.00 136072 7/3/2025 CHK 10804 JUNIPER HILL PDA CONTRACT SERVICES:SNOW REMOVAL 699.81 136073 7/3/2025 CHK 9600 NEIL KAUFMAN MEMBERSHIP DUES-T3RENEWAL 90.00 136074 7/3/2025 CHK 5151 NRECA JULY 2025 INSURANCE 16,945.20 136075 7/3/2025 CHK 5150 NRECA GROUP BENEFITS TRUST JULY 2025 INSURANCE 246,712.70 136076 7/3/2025 CHK 5222 OOP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 9.25 136077 7/3/2025 CHK 31 POULIN STEEL FAB INC. MATERIALS&SERVICES 1,579.79 136078 7/3/2025 CHK 11302 SAGE LAND SURVEYING INC. 2024 PIPELINE REPLACEMENT 1,771.25 136079 7/3/2025 CHK 6540 SMITH POWER PRODUCTS,INC REPAIRS&MAINTENANCE 40.50 136080 7/3/2025 CHK 1497 STATE COLLECTIONS AND DISBURSEMENT UNIT CHILD SUPPORT PPE 06/27/2025 612.18 136081 7/3/2025 CHK 11041 TRUCKEE PAINT MART INC. MATERIALS&SERVICES 1,525.62 136082 7/3/2025 CHK 10284 UNITED RENTALS MATERIALS&SERVICES 3,020.68 136083 7/3/2025 CHK 682 VERIZON WIRELESS CELL PHONE CHARGES 5,150.87 136084 7/3/2025 CHK 5643 ZORO TOOLS,INC MATERIALS&SERVICES 657.04 46925 7/10/2025 DD 1393 ACWAJPIA WORKER'S COMP Q42024-2025 72,286.22 46926 7/10/2025 DD 5440 ALTEC INDUSTRIES INC TOOLS 24.41 46927 7/10/2025 DD 978 AM CONSERVATION GROUP INC MARKETING 1,397.26 46928 7/10/2025 DD 1537 AMAZON CAPITAL SERVICES,INC MATERIALS&SERVICES 1,630.52 46929 7/10/2025 DD 1474 BLUE LOCKER DIVING,LLC MATERIALS&SERVICES 16,500.00 46930 7/10/2025 DD 9096 SCOTT BOTN* MEETING EXPENSES 344.00 46931 7/10/2025 DD 515 BRAGG CRANE SERVICE POLE CHANGE OUT 5,948.25 46932 7/10/2025 DD 10367 CCMEDIA PUBLISHING,LLC. MARKETING 1,420.00 46933 7/10/2025 DD 9503810 CDW GOVERNMENT INC. HARDWARE REFRESH-COMPUTER HARDWARE 1,222.93 46934 7/10/2025 DD 577 COOPERATIVE RESPONSE CENTER INC. ANSWERING SERVICE 4,121.73 46935 7/10/2025 DD 524 DE LAGE LANDEN OPERATIONAL SERVICES LLC XEROX COPIER LEASE 2,702.29 46936 7/10/2025 DD 1453 ELEMENTS MOUNTAIN COMPANY CONTRACTSVCS:PAVING/SLURRY 18,095.00 46937 7/10/2025 DD 1167 ERPR,LLC PROFESSIONAL SERVICES:MARKETING 2,710.25 Page Sof4 Page 4 of 17 Page 52 of 141 Truckee Donner Public Utility District Check Register CA July 2025 Go,Code 53605.5 Check/Tran Date Type Vendor Vendor Name Item Reference Amount 46938 7/10/2025 DD 10650 EUROFINS EATON ANALYTICAL INC. WATER SAMPLE ANALYSIS 1,400.00 46939 7/10/2025 DD 9360 JAMESM FLOWERS 53605.5 EMPLOYEE DEV-CROSS CONNECTIONS TEST 250.00 46940 7/10/2025 DD 2254 FULL HEART DESIGN PROFESSIONAL SERVICES:MARKETING 9,675.00 46941 7/10/2025 DD 9381 CHARLES GAZSO* CELL PHONE REIMBURSEMENT 01/2025-06/2025 270.00 46942 7/10/2025 DD 3480 GRAINGER INC. FIELD SUPPLIES 1,098.29 46943 7/10/2025 DD 1577 HUNT&SONS,LLC FUEL/OIL FOR VEHICLES 7,875.82 46944 7/10/2025 DD 1305 JW WELDING SUPPLIES&TOOLS MATERIALS&SERVICES 327.25 46945 7/10/2025 DD 1149 LOOMIS BANKING CHARGES 938.39 46946 7/10/2025 DD 1099 MOANA NURSERY PROFESSIONAL SERVICES:OTHER 315.00 46947 7/10/2025 DD 10008 MOTION&FLOW CONTROL PRODUCTS,INC. MISC PARTS&SUPPLIES 135.45 46948 7/10/2025 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 233.07 46949 7/10/2025 DD 970 NORTHERN CALIFORNIAJOINT POLE ASSN MEMBERSHIP DUES 15.47 46950 7/10/2025 DD 1079 O'REI LLY AUTO PARTS MISC PARTS&SUPPLIES 153.94 46951 7/10/2025 DD 775 ONLINE INFORMATION SERVICES CREDIT CHECK SERVICES 244.85 46952 7/10/2025 DD 9504397 PACE SUPPLY INVENTORY 7,635.81 46953 7/10/2025 DD 9942 EMPLOYEE VISION REIMBURSEMENT 225.00 46954 7/10/2025 DD 1532 SLATE ROCK FIR EMPLOYEE UNIFORMS 1,286.88 46955 7/10/2025 DD 6880 TAHOE INSTANT PRESS OFFICE SUPPLIES 74.20 46956 7/10/2025 DD 6360 THATCHER COMPANY OF CALIFORNIA,INC WATER QUALITY:TREATMENT 8,581.56 46957 7/10/2025 DD 7176 TRANSWORLD SYSTEMS INC COLLECTION SERVICES 182.08 46958 7/10/2025 DD 7300 TRUCKEE RENTS INC MATERIALS&SERVICES 366.66 46959 7/10/2025 DD 1538 USA FLEET SOLUTIONS MISC PARTS&SUPPLIES 1,495.20 136085 7/10/2025 CHK 6 ALPINE LOCK AND KEY BUILDING MAINTENANCE 55.00 136086 7/10/2025 CHK 657 AT&T COMMUNICATIONS 690.56 136087 7/10/2025 CHK 240 AUDIO ON-HOLD ON-HOLD PHONE SYSTEM 79.00 136088 7/10/2025 CHK 99999 MS KRISTIN BURKE CUSTOMER REFUND-CLOSED ACCOUNT 258.94 136089 7/10/2025 CHK 747 CAL FIRE MATERIALS&SERVICES 223.76 136090 7/10/2025 CHK 9176 JARED CARPENTER* MEETING EXPENSES 582.00 136091 7/10/2025 CHK 10489 CORELOGIC INFORMATION SOLUTIONS INC LICENSING,MAINTENANCE&SUPPORT 553.44 136092 7/10/2025 CHK 10203 DEPARTMENT OF INDUSTRIAL RELATIONS BUILDING MAINTENANCE 225.00 136093 7/10/2025 CHK 193 EASTERN REGIONAL LANDFILL LANDFILLCHARGES 1,200.50 136094 7/10/2025 CHK 99999 CRAIG FATLAND CUSTOMER REFUND-CLOSED ACCOUNT 189.89 136095 7/10/2025 CHK 99999 MR SCOTT FINAN CUSTOMER REFUND-CLOSED ACCOUNT 54.32 136096 7/10/2025 CHK 44444 MR DAVID A GRUNAT INCENTIVES-DUCTS,PANEL UPGRADES,EV CH 2,000.00 136097 7/10/2025 CHK 905 HEALTHEQUITY INC. HSA ADMINISTRATIVE FEES 85.80 136098 7/10/2025 CHK 10932 J&L FOOD MART&CARWASH REPAIRS&MAINTENANCE 170.00 136099 7/10/2025 CHK 99999 MR NAHCKJOON KIM CUSTOMER REFUND-CLOSED ACCOUNT 251.51 136100 7/10/2025 CHK 6401 LIBERTY UTILITIES ELECTRIC FOR PUMP STATION 915.46 136101 7/10/2025 CHK 99999 JHENIFER LOPEZ CUSTOMER REFUND-CLOSED ACCOUNT 146.52 136102 7/10/2025 CHK 9999910E LOPEZ CUSTOMER REFUND-CLOSED ACCOUNT 147.89 136103 7/10/2025 CHK 44444 MCCORMICK REALTY INCENTIVES-EV CHARGER COMMERCIAL 954.71 136104 7/10/2025 CHK 1054 NEVADA VISION GROUP VISION REIMBURSEMENT 490.00 136105 7/10/2025 CHK 5222 ODP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 409.00 136106 7/10/2025 CHK 1540 P31 ENTERPRISES TOTVEGETATION MANAGEMENT-TAHOE DONNER 139,564.60 136107 7/10/2025 CHK 10761 SOUTHWEST GAS CORP. UTI LITI ES:NATURAL GAS 256.00 136108 7/10/2025 CHK 99999 STATE OF CALIFORNIA CSD-HEAP PROGRAM CUSTOMER REFUND-CLOSED ACCOUNT 628.74 136109 7/10/2025 CHK 6920 TAHOE TRUCKEE SIERRA DISPOSAL LANDFILL CHARGES 2,901.76 136110 7/10/2025 CHK 99999 TAHOE TRUCKEE WALDORF CUSTOMER REFUND-CLOSED ACCOUNT 2,476.64 136111 7/10/2025 CHK 7175 TRANSWORLD SYSTEMS INC COLLECTION SERVICES 61.85 136112 7/10/2025 CHK 745 TRIMLINE OF RENO INC REPAIRS&MAINTENANCE 370.00 136113 7/10/2025 CHK 7290 TRUCKEE OVERHEAD DOOR BUILDING MAINTENANCE 4,169.00 136114 7/10/2025 CHK 11041 TRUCKEE PAINT MART INC. MATERIALS&SERVICES 1,177.56 136115 7/10/2025 CHK 1308 TRUCKEE TIRE REPAIRS&MAINTENANCE 261.60 136117 7/10/2025 CHK 99999 MR ELLERY WHITWORTH CUSTOMER REFUND-CLOSED ACCOUNT 237.92 136118 7/10/2025 CHK 99999 WOODTRAIN3 CUSTOMER REFUND-CLOSED ACCOUNT 305.00 6348 7/11/2025 WIRE 11233 CALPERS CALPERS 457 LOAN 9381 FINAL 399.60 6329 7/17/2025 PL PL PAYROLL PAYROLL DIRECT DEPOSIT 293,323.43 6331 7/17/2025 WIRE 3824 MISSIONSQUARE 401A/457 CONTRIBUTIONS PPE 07/11/2025 41,426.21 6332 7/17/2025 WIRE 11233 CALPERS CALPERS CONTRIBUTIONS PPE 07/11/2025 81,312.07 6333 7/17/2025 WIRE 7310 INTERNAL REVENUE SERVICE FEDERAL/FICA WITHHOLDING PPE 07/11/2025 153,993.62 6334 7/17/2025 WIRE 905 HEALTHEQUITY INC. EMPLOYEE HSA CONTRIBUTIONS PPE 07/11/25 1,403.67 6335 7/17/2025 WIRE 3094 EMPLOYMENT DEV DEPT SDI/STATE WITHHOLDING PPE 07/11/2025 35,207.10 6336 7/17/2025 WIRE 540 CALPERS 457 DEFERRED COMP PRGM CALPERS 457 CONTRIBUTIONS PPE 07/11/2025 25,866.71 47043 7/17/2025 DD 1537 AMAZON CAPITAL SERVICES,INC MATERIALS&SERVICES 533.76 47044 7/17/2025 DD 1432 DOWL,LLC 2025 CAPITAL IMPROVEMENT PLAN 35,075.00 47045 7/17/2025 DD 10650 EUROFINS EATON ANALYTICAL INC. WATER SAMPLE ANALYSIS 88.66 47046 7/17/2025 DD 9347 EMPLOYEE VISION REIMBURSEMENT 1,000.00 47047 7/17/2025 DD 361 FIRST CHOICE SERVICES FACILITY SUPPLIES 372.40 47048 7/17/2025 DD 10645 GEI CONSULTANTS INC PROFESSIONAL SERVICES:OTHER 1,681.52 47049 7/17/2025 DD 277 HACH COMPANY MATERIALS&SERVICES 190.19 47050 7/17/2025 DD 9641 NINA KROMMENHOEK EMPLOYEE DEVELOPMENT 94.91 47051 7/17/2025 DD 1099 MOANA NURSERY OFFICE SUPPLIES 502.00 47052 7/17/2025 DD 4720 MOUNTAIN HARDWARE AND SPORTS 2024 PIPELINE REPLACEMENT 337.25 47053 7/17/2025 DD 289 NISC JUNE 2025 PRINT SERVICES 25,440.81 47054 7/17/2025 DD 1079 O'REI LLY AUTO PARTS REPAIRS&MAINTENANCE 177.47 47055 7/17/2025 DD 9504397 PACE SUPPLY MATERIALS&SERVICES 260.51 47056 7/17/2025 DD 5730 PORTER SIMON LEGAL SERVICES 10,430.00 47057 7/17/2025 DD 9962 GRANT SACKS* CELL PHONE CHARGES 4/25 TO 6/25 180.00 47059 7/17/2025 DD 9944 JENNIFER SAWYER COMMUNITY RELATIONS 19.53 47060 7/17/2025 DD 349 STRADLING YOCCA CARLSON&RAUTH P.C. OG MELLO ROOS ADMIN COSTS 983.50 47061 7/17/2025 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 303.48 47062 7/17/2025 DD 7380 UNITED PARCEL SERVICE UPSCHARGES 253.17 47063 7/17/2025 DD 630 WESTERN AREA POWER ADMINISTRATION ENVIRONMENTAL COMPLIANCE FEES 21.21 47064 7/17/2025 DD 816 WESTERN ENVIRONMENTAL TESTING WATER SAMPLE ANALYSIS 1,285.60 136119 7/17/2025 CHK 1507 ALESHIRE&WYNDER LLP PROFESSIONAL SERVICES:OTHER 2,250.00 Page 2of4 Page 5 of 17 Page 53 of 141 Truckee Donner Public Utility District Check Register CA July 2025 Go,Code 53605.5 Check/Tran Date Type Vendor Vendor Name Item Reference Amount 136120 7/17/2025 CHK 134 ANIXTER INC. INVENTORY 911.24 136121 7/17/2025 CHK 657 AT&T COMMUNICATIONS 5,140.22 136122 7/17/2025 CHK 1527 AT&T MOBILITY CELL PHONE CHARGES 3,297.06 136123 7/17/2025 CHK 515 BRAGG CRANE SERVICE CONTRACT SERVICES:ROW TREE CLEARING 3,905.00 136124 7/17/2025 CHK 2420 CALIFORNIA MUNICIPAL UTILITIES ASSN MEMBERSHIP DUES 31,020.00 136125 7/17/2025 CHK 1006 CALIFORNIASTATE DISBURSEMENT UNIT CHILDSUPPORTPPE 07/11/2025 115.38 136126 7/17/2025 CHK 9176 TARED CARPENTER* MEETING EXPENSES 109.00 136127 7/17/2025 CHK 1073 CLEAN MACHINE REPAIRS&MAINTENANCE 700.00 136128 7/17/2025 CHK 1517 COLDSTREAM PROPERTIES LLC RED MOUNTAIN WATER TANK COST 15,386.00 136129 7/17/2025 CHK 9650 CODY LAPLACA* MEETING EXPENSES 135.00 136130 7/17/2025 CHK 99999 CLIFTON H MCMILLAN V CUSTOMER REFUND-CLOSED ACCOUNT 361.52 136131 7/17/2025 CHK 1349 NEVADA COUNTY AUDITOR PROFESSIONAL SERVICES:OTHER 56,569.00 136132 7/17/2025 CHK 1498 NEVADA STATE TREASURER'S OFFICE T.CROW CHILD SUPPORT FEE Q3 2025 2.00 136133 7/17/2025 CHK 1540 P31 ENTERPRISES CONTRACT SERVICES:ROW TREE CLEARING 38,477.57 136134 7/17/2025 CHK 1431 PACIFIC COAST FLAG MATERIALS&SERVICES 201.01 136135 7/17/2025 CHK 11302 SAGE LAND SURVEYING INC. HIGHWAY 89 REDUNDANCY 1,678.75 136136 7/17/2025 CHK 5673 SONETICS CORPORATION MATERIALS&SERVICES 212.56 136137 7/17/2025 CHK 6940 TAHOE TRUCKEE SANITATION AGENCY UTILITIES:SEWER 5,257.08 136138 7/17/2025 CHK 7040 TEICHERT&SON INC CREDIT DE MATERIALS&SERVICES 2,443.42 136139 7/17/2025 CHK 548 THE AUTO&TIRE DOCTOR INC. CONTRACT SERVICES 400.50 136140 7/17/2025 CHK 11041 TRUCKEE PAINT MART INC. MATERIALS&SERVICES 61.11 136141 7/17/2025 CHK 7315 TRUCKEE SANITARY DISTRICT UTILITIES:SEWER 1,542.24 136142 7/17/2025 CHK 44444 MATT TUCKER INCENTIVES-AIR SOURCE HEAT PUMP 3,600.00 136143 7/17/2025 CHK 5643 ZORO TOOLS,INC MATERIALS&SERVICES 258.33 47065 7/24/2025 DD 1393 ACWAJPIA CYBER LIABILITY INS.JUL25-JUL26 14,943.00 47066 7/24/2025 DID 1537 AMAZON CAPITAL SERVICES,INC MATERIALS&SERVICES 1,355.21 47067 7/24/2025 DO 9503810 CDW GOVERNMENT INC. HARDWARE REFRESH-COMPUTER HARDWARE 852.76 47068 7/24/2025 DID 1251 CONSTRUCTION MATERIALS ENGINEERS,INC. VARIOUS PROJECTS 53,522.50 47069 7/24/2025 DO 992 E&M ELECTRIC&MACHINERY INC COMPUTER SOFTWARE MAINTENANCE&SUPPORT 5,400.00 47070 7/24/2025 DID 1535 EPLUS TECHNOLOGY INC MARTIS VALLEY SUBSTATION MODERNIZATION 6,494.75 47071 7/24/2025 DO 10650 EUROFINS EATON ANALYTICAL INC. WATER SAMPLE ANALYSIS 33.99 47072 7/24/2025 DID 3349 GLOBAL RENTAL CO INC RENTAL VEHICLE 4,656.39 47073 7/24/2025 DO 277 HACH COMPANY MATERIALS&SERVICES 372.85 47074 7/24/2025 DID 778 HDR ENGINEERING INC ELECTRIC RATE STUDY 13,360.00 47075 7/24/2025 DO 1577 HUNT&SONS,LLC FUEL/OIL FOR VEHICLES 6,532.13 47076 7/24/2025 DID 3520 JOHNSON CONTROLS FIRE PROTECTION LP FIRE PANEL UPGRADE 1,471.60 47077 7/24/2025 DO 1618 MOBILE DIESEL EMISSIONS TESTING REPAIRS&MAINTENANCE 200.00 47078 7/24/2025 DID 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 225.65 47079 7/24/2025 DO 494 NVS,INC. VARIOUS PROJECTS 16,328.98 47080 7/24/2025 DID 1079 O'REI LLY AUTO PARTS REPAIRS&MAINTENANCE 669.04 47081 7/24/2025 DO 820 ONESOURCE SUPPLY SOLUTIONS MATERIALS&SERVICES 1,350.55 47082 7/24/2025 DID 9504397 PACE SUPPLY INVENTORY 13,144.62 47083 7/24/2025 DO 1787 SILVER STATE INTERNATIONAL TRUCKS REPAIRS&MAINTENANCE 139.21 47084 7/24/2025 DID 1584 STARTING FROM SCRATCH CAFE,LLC BOARD MEETING EXPENSES 523.20 47085 7/24/2025 DO 1328 TRAFFIC MANAGEMENT,INC. CONTRACT SERVICES:ROW TREE CLEARING 3,296.90 47086 7/24/2025 DID 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 997.53 47087 7/24/2025 DO 1528 UNISYS CORPORATION COMPUTER SOFTWARE MAINTENANCE&SUPPORT 1,655.36 47088 7/24/2025 DID 320 W&TGRAPHIX SCREEN PRINTING& COMMUNITY RELATIONS 1,309.90 136144 7/24/2025 CHK 134 ANIXTER INC. INVENTORY 1,442.72 136145 7/24/2025 CHK 657 AT&T COMMUNICATIONS 31.58 136146 7/24/2025 CHK 193 EASTERN REGIONAL LANDFILL LANDFILL CHARGES 33.80 136147 7/24/2025 CHK 99999 ERIC AND LINDSAY WEAKLEY FAMILY TRUS CUSTOMER REFUND-CLOSED ACCOUNT 158.12 136148 7/24/2025 CHK 5222 ODP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 40.20 136149 7/24/2025 CHK 1540 P31 ENTERPRISES CONTRACT SERVICES:ROW TREE CLEARING 36,749.14 136150 7/24/2025 CHK 10573 PURCHASE POWER PREPAID POSTAGE 1,041.99 136151 7/24/2025 CHK 9950 ANABEL SANCHEZ COMMUNITY RELATIONS 62.07 136152 7/24/2025 CHK 99999 THOMAS SHOENHAIR CUSTOMER REFUND-OVERPAYMENT 16,421.32 136153 7/24/2025 CHK 7040 TEICHERT&SON INC CREDIT DE MATERIALS&SERVICES 366.78 136154 7/24/2025 CHK 1308 TRUCKEE TIRE REPAIRS&MAINTENANCE 369.72 136155 7/24/2025 CHK 682 VERIZON WIRELESS CELL PHONE CHARGES 175.16 6340 7/25/2025 WIRE 11233 CALPERS UNFUNDED ACCRUED LIABILITY-PEPRA 31,822.00 6347 7/30/2025 WIRE 6731 CALIFORNIA DEPARTMENT OF TAX AND FEE ELECTRICAL ENERGY SURCHARGE 11,697.00 6350 7/30/2025 WIRE 11233 CALPERS UNFUNDED ACCRUED LIABILITY-CLASSIC 1,603,540.00 6339 7/31/2025 PL PL PAYROLL PAYROLL DIRECT DEPOSIT 284,386.37 6341 7/31/2025 WIRE 3094 EMPLOYMENT DEV DEPT SDI/STATE WITHHOLDING PPE 07/25/2025 31,009.96 6342 7/31/2025 WIRE 905 HEALTHEQUITY INC. EMPLOYEE HSA CONTRIBUTIONS PPE 07/25/25 1,403.67 6343 7/31/2025 WIRE 7310 INTERNAL REVENUE SERVICE FEDERAL/FICA WITHHOLDING PPE 07/25/2025 138,274.84 6344 7/31/2025 WIRE 540 CALPERS 457 DEFERRED COMP PRGM CALPERS 457 CONTRIBUTIONS PPE 07/25/2025 26,650.10 6345 7/31/2025 WIRE 11233 CALPERS CALPERS CONTRIBUTIONS PPE 07/25/2025 80,111.61 6346 7/31/2025 WIRE 3824 MISSIONSQUARE 401A/457 CONTRIBUTIONS PPE 07/25/2025 41,037.39 47167 7/31/2025 DO 1393 ACWAJPIA PROPERTY INSURNCE JUL25-MAR26 183,929.88 47168 7/31/2025 DID 1537 AMAZON CAPITAL SERVICES,INC COMPUTER EXPENSES 1,764.78 47169 7/31/2025 DO 524 DE LAGE LANDEN OPERATIONAL SERVICES LLC XEROX COPIER LEASE 2,702.29 47170 7/31/2025 DID 893 DEBBIE MADERA CLEANING SERVICE BUILDING CLEANING 7,004.00 47171 7/31/2025 DO 1587 DILLARD ENVIRONMENTAL SERVICES ENVIRONMENTAL COMPLIANCE FEES 4,933.21 47172 7/31/2025 DID 1535 EPLUS TECHNOLOGY INC LICENSING,MAINTENANCE&SUPPORT 1,522.42 47173 7/31/2025 DO 10650 EUROFINS EATON ANALYTICAL INC. WATER SAMPLE ANALYSIS 1,850.11 47174 7/31/2025 DID 1562 FASTENERSINC TOOLS 583.23 47175 7/31/2025 DO 5840 FERGUSON ENTERPRISES INC MATERIALS&SERVICES 2,048.11 47176 7/31/2025 DID 949 FERGUSON ENTERPRISES INC 1423 MATERIALS&SERVICES 4,134.73 47177 7/31/2025 DO 1484 FUENTES CONSULTING LLC SAFETY MEETING 5,686.99 47178 7/31/2025 DID 3480 GRAINGER INC. MATERIALS&SERVICES 2,208.79 47179 7/31/2025 DO 277 HACH COMPANY MATERIALS&SERVICES 784.14 47180 7/31/2025 DID 9450 EMPLOYEE VISION REIMBURSEMENT 638.41 47181 7/31/2025 DO 9467 EMPLOYEE VISION REIMBURSEMENT 120.00 Page 3of4 Page 6 of 17 Page 54 of 141 Truckee Donner Public Utility District Check Register CA July 2025 Gov.Code 53605.5 Check/Tran Date Type Vendor Vendor Name Item Reference Amount 47182 7/31/2025 DD 109 J.L.WINGERT CO. MATERIALS&SERVICES 3,763.21 47183 7/31/2025 DD 9636 EMPLOYEE VISION REIMBURSEMENT 184.00 47184 7/31/2025 DD 9697 EMPLOYEE VISION REIMBURSEMENT 266.29 47185 7/31/2025 DD 11025 MOONSHINE INK MARKETING 728.00 47186 7/31/2025 DD 10008 MOTION&FLOW CONTROL PRODUCTS,INC. MISC PARTS&SUPPLIES 1,492.84 47187 7/31/2025 DD 617 MOUNTAIN EAP EMPLOYEE RELATIONS&WELLNESS PROGRAM 225.00 47188 7/31/2025 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 52.29 47189 7/31/2025 DD 820 ONESOURCE SUPPLY SOLUTIONS TOOLS 13,365.41 47190 7/31/2025 DD 9504397 PACE SUPPLY MATERIALS&SERVICES 11,246.97 47191 7/31/2025 DD 890 QUALUS,LLC MARTIS VALLEY SUBSTATION MODERNIZATION 6,670.50 47192 7/31/2025 DD 552 RK CONTRACTORS INC. MATERIALS&SERVICES 13,013.89 47193 7/31/2025 DD 1139 SHI CORP LICENSING,MAINTENANCE&SUPPORT 9,921.50 47194 7/31/2025 DD 11226 SHRED-IT USA LLC OFFICE SUPPLIES - 47195 7/31/2025 DD 6604 SPIEGEL&MC DIARMID PROFESSIONAL SERVICES:FERC ISSUES 6,156.30 47196 7/31/2025 DD 10438 STB ELECTRICALTEST EQUIP INC SAFETY SUPPLIES 3,800.43 47197 7/31/2025 DD 7313 TAHOE SUPPLY COMPANY FACILITY SUPPLIES 782.45 47198 7/31/2025 DD 26 THE BANK OF NEW YORK MELLON MELLO ROOS TAXES COLLECTED 205,475.27 47199 7/31/2025 DD 155 THE BANK OF NEW YORK MELLON MELLO ROOS ADMIN COSTS 2,120.00 47200 7/31/2025 DD 1328 TRAFFIC MANAGEMENT,INC. TRAFFIC CONTROL SERVICES 17,754.70 47201 7/31/2025 DD 1605 TRAVERSE CONSULTING LLC PROFESSIONAL SERVICES:OTHER 5,375.00 47202 7/31/2025 DD 712 TRUCKEE DONNER PUD PURCHASED POWER-STAMPEDE HYDRO GEN 61,787.21 47203 7/31/2025 DD 1176 TRUCKEE FAMILY EYECARE OPTOMETRY,INC VISION REIMBURSEMENT 1,200.00 47204 7/31/2025 DD 4590 UNDERGROUND SERVICEALERTOF NORTHERN CA MEMBERSHIP DUES 4,714.16 47205 7/31/2025 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 293.63 47206 7/31/2025 DD 1538 USA FLEETSOLUTIONS MISC PARTS&SUPPLIES 15.30 47207 7/31/2025 DD 1448 WATTS REGULATOR CO MATERIALS&SERVICES 7,988.94 47208 7/31/2025 DD 667 WESTERN ELECTRICITY COORDINATING COUNCIL ENVIRONMENTAL COMPLIANCE FEES 8,593.00 47209 7/31/2025 DD 667 WESTERN ELECTRICITY COORDINATING COUNCIL ENVIRONMENTAL COMPLIANCE FEES 11,700.00 47210 7/31/2025 DD 816 WESTERN ENVIRONMENTAL TESTING WATER SAMPLE ANALYSIS 1,465.00 136156 7/31/2025 CK PL PAYROLL PAYROLL FINAL CHECK 9,300.06 136157 7/31/2025 CHK 6 ALPINE LOCK AND KEY MISC PARTS&SUPPLIES 64.31 136158 7/31/2025 CHK 134 ANIXTER INC. TOOLS 4,620.29 136159 7/31/2025 CHK 657 AT&T COMMUNICATIONS 64.04 136160 7/31/2025 CHK 381 CAL-NEVADA TOWING REPAIRS&MAINTENANCE 870.00 136161 7/31/2025 CHK 1006 CALIFORNIA STATE DISBURSEMENT UNIT CHILD SUPPORT PPE 07/25/2025 115.38 136162 7/31/2025 CHK 10400 COUNTY OF PLACER 2025 PIPELINE REPLACEMENT 246.13 136163 7/31/2025 CHK 1415 CRISIS INTERVENTION SERVICES PROFESSIONAL SERVICES:PROGRAM DELIVERY 3,743.75 136164 7/31/2025 CHK 193 EASTERN REGIONAL LANDFILL LANDFILL CHARGES 677.92 136165 7/31/2025 CHK 78 FEDERAL EXPRESS CORPORATION FEDERAL EXPRESS CHARGES 49.49 136166 7/31/2025 CHK 341 HANSEN BROS.ENTERPRISES 2024 DISTRICT PIPELINE REPLACEMENT 459,601.98 136167 7/31/2025 CHK 6401 LIBERTY UTILITIES ELECTRIC FOR PUMP STATION 587.69 136168 7/31/2025 CHK 99999 NEVADA COUNTY COMMUNITY LIBRARY PAYMENT MADE IN ERROR 859.00 136169 7/31/2025 CHK 5151 NRECA HEALTH 125 ADMINISTRATIVE FEES 435.00 136170 7/31/2025 CHK 5222 ODP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 194.39 136171 7/31/2025 CHK 1540 P31 ENTERPRISES CONTRACT SERVICES:ROW TREE CLEARING 33,435.92 136172 7/31/2025 CHK 9980 EMPLOYEE VISION REIMBURSEMENT 274.00 136173 7/31/2025 CHK 10761 SOUTHWEST GAS CORP. UTI LITI ES:NATURAL GAS 201.18 136174 7/31/2025 CHK 6860 TAHOE FOREST HOSPITAL DISTRICT DOTTESTING 139.00 136175 7/31/2025 CHK 999 TESLA MOTORS INC TESLA REFUNDS WOS 23644475/76/77 1,228.03 136176 7/31/2025 CHK 548 THE AUTO&TIRE DOCTOR INC. CONTRACT SERVICES 200.25 136177 7/31/2025 CHK 11041 TRUCKEE PAINT MART INC. MATERIALS&SERVICES 241.45 136178 7/31/2025 CHK 682 VERIZON WIRELESS CELL PHONE CHARGES 2,167.83 136179 7/31/2025 CHK 526 WESTERN INDUSTRIAL PARTS INC. MISC PARTS&SUPPLIES 134.93 308 $ 7,596,252.64 *Denotes employee reimbursement containing multiple items with no individual item charge of$100 or greater. Page of Page 7 of 17 Page 55 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT STATEMENT OF GENERAL FUND Activity for the Month Ended 6/30/2025 Page 1 of 2 Electric Dept Water Dept Total Balance in General Fund 5/31/2025 $10,539,457 $9,055,884 $19,5955341 Receipts: Revenue received $3,492,056 $1,828,786 $5,320,843 Retired employees medical insurance 23,662 - 23,662 Record interest earned 21,246 2,664 23,910 Reimbursement for FF funded projects - 566,179 566,179 FF Funding&DL Surcharge Reimbursement for 2006 COP 38,234 38,234 Cash clearing accounts(timing-prior month reversal) (179,729) - (179,729) Cash clearing accounts(timing-current month) 594,913 - 594,913 Total Receipts $3,952,148 $29435,863 $6,388,012 Disbursements: Accounts payable/payroll disbursements $3,200,001 $1,599,859 $4,799,860 Voided checks (657) - (657) Distribute UPTIF interest 21,148 11,860 33,008 Restrict facilities fees 9,411 43,633 53,043 Restrict Donner Lake surcharge - 9,314 9,314 Section 125 benefit disbursement 27,709 - 27,709 Bank charges 10,183 - 10,183 Total Disbursements $352675795 $19664,666 $4,932,461 Balance in General Fund 6/30/2025 $119223,811 $9,827,081 $219050,893 7/28/2025 3:15 PM I:\Treasurers Report\Statement of General Fund\2025\2025-06 GF Page 8 of 17 Page 56 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Funds Status Report Activity for the Month Ended 6/30/2025 Page 2 of 2 Electric Dept Water Dept Total Distribution of Operating Funds At Month-End: Customer Services Operating Funds $2,400 $0 $2,400 Operating clearing accounts 594,913 - 594,913 U.S. Bank-General Fund 2,971,060 - 2,971,060 LAIF, UPTIF, PCIF,&TVI-General Fund 7,655,438 9,827,081 17,482,520 Total Operating Funds $11,223,811 $958279081 $21,050,893 Distribution of Designated&Restricted Funds at Month-End: LAIF, UPTIF, PCIF,TVI &CLASS $33,884,696 $7,766,805 $41,651,501 UPTIF-Donner Lake Assessment District 89,170 89,170 2015 COP Water Bonds, Principal Payment Fund - 532,617 532,617 2022 COP Issuance/Payment Fund 142,290 270,788 413,077 U S Bank-Donner Lake Assessment District 00-1 - 43,171 43,171 Total Designated&Restricted Funds $349026,985 $8,702,550 $42,729,535 Total Market Adjustments (199,999) (52,412) (252,412) Total Funds Available $45,050,797 $18,477,219 $639528,016 7/28/2025 3:15 PM I:\Treasurers Report\Statement of General Fund\2025\2025-06 GF Page 9 of 17 Page 57 of 141 INVESTMENT STATUS REPORT Activity for the Month Ended 6/30/2025 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2024 5/31/2025 Activity 6/30/2025 ELECTRIC FUNDS LOCAL AGENCY INVESTMENT FUND(LAIF)-4.27%(4.27%) General Fund 1..136.1 $ 6,294,941 $ 1,260,643 $ 1,471,073 $ 2,731,716 Consolidate cash (228,927) Redistribution for TVI maturity (800,000) LAIF transfer 2,500,000 Capital Replacement Fund 1..136.41 2,181,606 2,254,632 - 2,254,632 Electric Rate Reserve Fund 1..136.35 - 500,000 - 500,000 AB 32 Cap&Trade Fund 1..136.58 481,113 492,245 - 492,245 Deferred Liabilites Reserve 1..136.42 2,267,444 2,319,864 - 2,319,864 LCFS Credits 1..136.59 112,056 114,661 - 114,661 2022 COP Project Fund 1..132.95 7,039,834 7,202,596 - 7,202,596 Total LAIF Electric Investments 16,195,388 14,144,643 1,471,073 15,615,716 UTAH PUBLIC TREASURERS'INVESTMENT FUND(UPTIF)- 4.48%(4.47%) General Fund 1..136.12 521,095 357,322 (34,736) 322,586 Distribute UPTIF interest (21,148) Restrict facility fees (9,411) Record monthly interest 1,373 TVI interest receivable (5,550) Facilities Fees 1..136.9 653,845 744,174 12,269 756,443 Restrict facilites fees 9,411 Record monthly interest 2,859 Electric Rate Reserve Fund 1..136.45 1,868,991 1,951,837 9,348 1,961,185 Record monthly interest 7,498 TVI interest receivable 1,850 Capital Replacement Fund 1..136.46 495,353 509,523 5,657 515,180 Record monthly interest 1,957 TVI interest received 3,700 Electric Vehicle Reserve 1..136.13 1,428,687 2,404,439 9,236 2,413,675 Record monthly interest 9,236 Total UPTIF Electric Investments 4,967,970 5,967,296 1,774 5,969,071 PLACER COUNTY INVESTMENT FUND(PCIF)- 3.90%(3.88%) Electric General Fund PC 1..136.49 908,374 728,794 2,400 731,194 Record monthly interest 2,400 Electric Rate Reserve Fund 1..136.47 1,115,617 1,328,060 4,373 1,332,433 Record monthly interest 4,373 Capital Replacement Fund 1..136.48 1,335,212 1,356,893 4,469 1,361,362 Record monthly interest 4,469 Total PCIF County Electric Investments 3,359,204 3,413,747 11,243 3,424,990 TVI INVESTMENTS- 0.55%(0.55%) Capital Replacement Fund 1..136.43 2,966,550 2,966,550 (800,000) 2,166,550 Transfer TVI Maturity to US Bank (800,000) Electric Rate Reserve Fund 1..136.44 1,500,000 1,500,000 (400,000) 1,100,000 Transfer TVI Maturity to US Bank (400,000) Total TVI Electric Investments 4,466,550 4,466,550 (1,200,000) 3,266,550 7/29/20253s6 PM Investments Status Report Page 10 of 17 I:\Treasurers Report\Investment Status Reports\2025\2025-061.ve stm-Status Report Page 1 of 4 Page 58 of 141 INVESTMENT STATUS REPORT Activity for the Month Ended 6/30/2025 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2024 5/31/2025 Activity 6/30/2025 CLASS INVESTMENTS- 4.34%(4.35%) General Fund 1..136.16 503,934 5,056,168 (1,186,226) 3,869,941 Record monthly interest 13,774 Book transfer between funds (1,200,000) Electric Rate Reserve Fund 1..136.22 1,511,598 1,538,369 406,924 1,945,292 Book transfer between funds 400,000 Record monthly interest 6,924 Vehicle Reserve Fund 1..136.23 503,934 512,859 1,832 514,691 Record monthly interest 1,832 Capital Reserve Fund 1..136.24 4,031,201 6,109,204 824,679 6,933,883 Record monthly interest 24,679 Book transfer between funds 800,000 Total CLASS Electric Investments 6,550,668 13,216,600 47,207 13,263,808 Total Electric Investments $ 35,539,781 $ 27,992,236 $ 284,090 $ 28,276,326 7/28/2025 3:16 PM Investments Status Report Page 11 of 17 I:\Treasurers Report\Investment Status Reports\2025\2025-06 Investments Status Report Page 2 of 4 Page 59 of 141 INVESTMENT STATUS REPORT Activity for the Month Ended 6/30/2025 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2024 5/31/2025 Activity 6/30/2025 WATER FUNDS LOCAL AGENCY INVESTMENT FUND(LAIF)-4.27%(4.27%) General Fund 2..136.1 3,090,636 5,366,279 1,551,473 6,917,752 Consolidate cash 228,927 Restrict facility fees (43,633) Redistribute for TVI maturity 800,000 Reimbursement for Facility Fee funded projects 566,179 Facilities Fees 2..136.90 1,411,527 1,616,216 (522,547) 1,093,669 Restrict facility fees 43,633 Transfer to GF for Facility Fee funded projects (566,179) Capital Replacement Fund 2..136.41 1,210,177 2,502,256 - 2,502,256 Reserve funding @ budget - Total LAIF Water Investments 5,712,340 9,484,751 1,028,927 10,513,678 UTAH PUBLIC TREASURERS'INVESTMENT FUND(UPTIF)- 4.48%(4.47%) General Fund 2..136.12 908,092 693,434 19,724 713,158 Transfer to DLAD surcharge (9,314) Distribute UPTIF interest (11,860) DL Surcharge Reimbursement for 2006 COP 8,160 FF Funding portion of 2006 COP 30,074 Record monthly interest 2,664 Facilities Fees 2..136.25 495,007 400,071 (28,537) 371,534 Record monthly interest 1,537 Transfer to GF for FF Funding portion of 2006 COP (30,074) West River St.Assessment District 2..136.31 43,090 43,923 169 44,091 Record monthly interest 169 Prepaid Connection Fees 2..136.7 88,057 89,759 345 90,104 Record monthly interest 345 Donner Lake Assessment District Fund 2..136.84 87,144 88,828 341 89,170 Record monthly interest 341 Donner Lake Assessment District Surcharge Fund 2..136.61 223,320 233,463 2,050 235,514 DLAD surcharge collections 9,314 DL Surcharge reimbursement to GF for 2006 COP (8,160) Record monthly interest 897 TSA SAD II Improvement Fund 2..136.85 20,787 21,189 81 21,270 Record monthly interest 81 Water Vehicle Reserve 2..136.13 728,607 1,084,155 4,165 1,088,320 Record monthly interest 4,165 Deferred Liabilites Reserve 2..136.42 120,249 122,573 471 123,044 Record monthly interest 471 Capital Replacement Fund 2..136.46 1,131,023 137,708 529 138,237 Record monthly interest 529 Total UPTIF Water Investments 3,845,376 2,915,105 (662) 2,914,443 PLACER COUNTY INVESTMENT FUND(PCIF)- 3.90%(3.88%) Total PCIF Water Investments TVI INVESTMENTS- 0.55%(0.55%) Water General Fund TVI2..136.15 2,996,171 2,996,171 (800,000) 2,196,171 Transfer TVI Maturity to US Bank (800,000) Total TVI Water Investments 2,996,171 2,996,171 (800,000) 2,196,171 CLASS INVESTMENTS- 4.34%(4.35%) Water Vehicle Reserve 2..136.24 2,015,738 2,051,437 7,327 2,058,765 Record monthly interest 7,327 Total CLASS Water Investments 2,015,738 2,051,437 7,327 2,058,765 Total Water Investments $ 14,569,625 $ 17,447,464 $ 235,592 $ 17,683,056 7/29/20253s6 PM Investments Status Report Page 12 of 17 c n\Trea:�rer:RepoUSt-,ov,,t,,nt s :Repon w vanm:\2o2s\2s-o6 m -Siam=Rep- Page 3 of 4 Page 60 of 141 INVESTMENT STATUS REPORT Activity for the Month Ended 6/30/2025 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2024 5/31/2025 Activity 6/30/2025 ELECTRIC&WATER INVESTMENTS,COMBINED TOTALS Pre-Market Adjustments Total LAIF Investments 44% 21,907,728 23,629,393 2,500,000 26,129,393 Total UPTIF Investments 15% 8,813,347 8,882,401 1,112 8,883,513 Total PCIF Investments 6% 3,359,204 3,413,747 11,243 3,424,990 Total TVI Investments 9% 7,462,722 7,462,722 (2,000,000) 5,462,722 Total CLASS Investments 26% 8,566,405 15,268,038 54,535 15,322,572 Total Investments 100% Month End Bal.Mix $ 50,109,405 $ 58,656,301 $ 566,889 $ 59,223,190 Market Adjustments Total LAIF Investments (9,106) (9,106) - (9,106) Total UPTIF Investments 16,492 16,492 - 16,492 Total PCIF Investments (16,653) (16,653) (16,653) Total TVI Investments (243,495) (243,060) 80 (242,981) Total CLASS Investments (165) (165) (165) Total Investments $ (252,761) $ (252,492) $ 80 $ (252,413) Post-Market Adjustments Total LAIF Investments 45% 21,898,622 23,620,287 2,500,000 26,120,287 Total UPTIF Investments 15% 8,829,839 8,898,893 1,112 8,900,005 Total PCIF Investments 6% 3,342,552 3,397,094 11,243 3,408,337 Total TVI Investments 9% 7,219,227 7,219,661 (1,999,920) 5,219,741 Total CLASS Investments 26% 8,566,240 15,267,872 54,535 15,322,407 Total Investments 100% Month End Bal.Mix $ 49,856,479 $ 58,403,808 $ 566,969 $ 58,970,777 7/28/2025 3:16 PM Investments Status Report Page 13 of 17 I:\Treasurers Report\Investment Status Reports\2025\2025-06 Investments Status Report Page 4 of 4 Page 61 of 141 TRUCKEE DONNER PUD INVESTMENT BALANCES as of June 30,2025 Placer County Utah Public California TVI Fidelity Mmkt Morgan Stanley Dreyfus BNY US Bank Cash/ LAX Invest Fund Invest Fund CLASS Investments Govt 57 Trees Sec Port Treas Security Treas Cash Res Checking Cash Clearings Total 131.1 ELECTRIC FUNDS General Fund $ 2,731,716 $ 731,194 $ 322,586 $ 3,869,941 $ $ $ $ $ $ 2,971,060 $ 597,313 $ 11,223,811 Facilities Fees - - 756,443 - - - 756,443 Rate Reserve Fund 500,000 1,332,433 1,961,185 1,945,292 1,100,000 6,838,911 Capital Reserve Fund 2,254,632 1,361,362 515,180 6,933,883 2,166,550 13,231,608 Deferred Liabilites Reserve/POB Fund 2,319,864 - - - - 2,319,864 Electric Vehicle Reserve Fund - 2,413,675 514,691 2,928,367 AB 32 Fund 492,245 - - 492,245 LCFS Credits 114,661 114,661 COP Project Fund 7,202,596 7,202,596 COP Issuance/Payment Fund - - - 142,290 142,290 Market Adjustments 6,947 16,653 9,297 127 185,570 199,999 Total Electric Investments 15,608,769 3,408,337 5,978,367 13,263,681 3,080,981 142,290 2,971,060 597,313 45,050,797 WATER FUNDS General Fund $ 6,917,752 $ - $ 713,158 $ $ 2,196,171 $ $ $ $ $ $ 9,827,081 Facilities Fees 1,093,669 371,534 - 1,465,204 Capital Reserve Fund 2,502,256 138,237 2,058,765 4,699,258 2015 COP Funds - - - 532,617 532,617 West River St.Assessment District 44,091 - 44,091 Deferred Liabilites Reserve 123,044 123,044 Prepaid Connection Fees 90,104 90,104 DLAD Fund 89,170 43,171 132,341 DLAD Surcharge 235,514 - 235,514 TSA SAD II Improvement Fund 21,270 21,270 Water Vehicle Reserve 1,088,320 1,088,320 COP Issuance/Payment Fund - - 270,788 270,788 Market Adjustments 2,159 7,196 39 57,410 52,412 Total Water Investments 10,511,518 2,921,638 2,058,726 2,138,761 532,617 270,788 43,171 18,477,219 Electric and Water,subtotal 26,120,287 3,408,337 8,900,005 15,322,407 5,219,742 532,617 413,077 3,014,231 597,313 63,528,016 MELLO ROOS-OLD GREENWOOD - - - - - - 265,008 716,139 - - - 981,148 Total Mello Roos-Old Greenwood 265,008 716,139 981,148 MELLO ROOS-GRAY'S CROSSING 1,962,601 - - 1,903,838 3,866,440 Total Mello Roos-Gray's Crossing 1,962,601 1,903,838 3,866,440 Total Investments $ 28,082,889 $ 3,408,337 $ 8,900,005 $ 15,322,407 $ 5,219,742 $ 532,617 $ 265,008 $ 716,139 $ 2,316,916 $ 3,014,231 $ 597,313 $ 68,375,604 202505 Last Month End Balances 25,582,889 3,397,094 8,891,634 15,267,872 7,219,661 439,924 264,083 714,710 2,191,495 2,997,572 182,129 57,159,757 Change from last month 2,500,000 11,243 8,371 54,535 (1,999,919) 92,693 925 1,429 125,421 16,659 415,184 11,215,847 202406 PY Month End Balances 29,817,089 6,683,409 8,894,330 - 9,376,751 505,492 308,058 691,247 2,260,650 2,803,850 93,693 61,434,569 Change from PYMonth (1,734,201) (3,275,073) 5,676 15,322,407 (4,157,010) 27,125 (43,050) 24,893 56,266 210,381 503,619 6,941,035 2024 12 PYE Balances 25,999,121 3,342,552 8,891,634 8,566,240 7,219,227 142,863 259,524 306 313,210 2,266,449 220,427 57,159,757 Change from PYE 2,083,767 65,785 8,371 6,756,167 (1,999,485) 389,754 5,485 715,833 2,003,705 747,782 376,886 11,215,847 I:\Treasurers Report\2025\20-9 Treasurer's Rep,nWl Investments 202506555 Page 14 of 17 Page 62 of 141 TRUCKEE DONNER June 2025 Public Utility District Electric Utility - Key Reserve Balances $ thousands $17,000 $15,000 $13,000 $13,232 $11,000 ■ ■ ■ ■ $11,224 $9,000 ■ ■ ■ $7,203 $7,000 ^ y y $6,839 ■ ■ $5,000 ■ $3,000 $1,000 ■ -$1,000 YE 2020 YE 2021 YE 2022 YE 2023 YE 2024 PY Same Last Current YE YE GOAL Month Month Month FORECAST ■ Operating Reserve ■ Rate Reserve Capital Reserve 2022 COP Project Funds ° 8/5/2025 12:15PM Page 15 of 17 0 FR Report Pack 2025 06 MFS Sec A(3.4) Page 63 of 141 TRUCKEE DONNER June 2025 Public Utility District Water Utility - Key Reserve Balances $ thousands $14,000 $12,000 $10,000 I $9 827 $8,000 ■ ■ ■ $6,000 ■ ■ ■ ■ $4,699 $4,000 ■ $2,000 • • • • • • • • $1,465 ■ ■ ■ ■ ■ ■ $1,088 ■ $0 ^ ■ ■ $0 ■ YE 2020 YE 2021 YE 2022 YE 2023 YE 2024 PY Same Last Current YE YE GOAL Month Month Month FORECAST ■ Operating Reserve ■ Vehicle Reserve ■ Capital Reserve 2022 COP Project Funds ° • Facility Fees ° 8/5/2025 12:15 PM Page 16 of 17 0 FR Report Pack 2025 06 MFS Sec A(3.4) g Page 64 of 141 TRUCKEE DONNER PUBLIC UTILITY DISTRICT WRITE OFF OF DELINQUENT ACCOUNTS CLOSED PRIOR TO January 1, 2025 August 18, 2025 CUSTOMER NAME AMOUNT RITE AID CORP STORE#6108 $ 10,579.57 RITE AID CORP STORE#6108 $ 218.69 ANTONIO RUIZ $ 1,055.30 MARIA CEBREROS $ 0.78 JOEL ANDREN $ 5.28 HALLIE JOHNSON $ 148.03 PAIGE BUBER $ 3.24 MAXWELL MORRISON $ 58.39 KATHLYN REID $ 130.28 ALEXIS C SEELY-CARROLL $ 130.53 SARAH M ELBLING $ 3.48 DEBORAH R HYDE $ 136.51 DOUGLAS STEWART $ 227.50 MARINA E HANDT $ 141.36 VAUGHYN CALL $ 4.90 RAGUEL OCAMPO $ 895.41 SHAWNA E HUFFSTETLER $ 22.72 EMMA C TORMEY $ 130.33 DAVID J NOACK $ 44.11 PHILIP LONG $ 36.57 $ 13,972.98 Page 17 of 17 Page 65 of 141 AGENDA ITEM #14 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Michael Salmon, Chief Financial Officer SUBJECT: Schedule a Public Hearing for November 5, 2025 on the proposed FY26 and FY27 Budget. APPROVED BY. Brian C. Wright, General Manager RECOMMENDATION: Schedule a Public Hearing for November 5, 2025 at 6:OOpm, or as soon thereafter, to receive public comment on the proposed FY26 and FY27 Budget. BACKGROUND: On June 18, 2025, the board approved a schedule of workshops and the final approval date for Budget 2026 and 2027 as follows: • July 16, 2025 — Workshop #1 • August 20, 2024 — Workshop #2 • October 15, 2025 — Workshop #3 • November 5, 2025 — Public Hearing and Action Item — Review and approval of Budget 2026 & 2027 ANALYSIS AND BODY: The board has held two budget workshop sessions and a third is scheduled for October 15, 2025. These workshops were publicly noticed as part of regular meetings and open to the public for transparency and feedback. Furthermore, the board holds a public hearing before adopting the District's budget. This public hearing is a final transparent step with respect to the budget process. In order to timely notice the Public Hearing on November 5, the board is requested to authorize staff to schedule the public hearing. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet Page 1 of 2 Page 66 of 141 current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: Scheduling the public hearing has no direct financial impact. ATTACHMENTS: None Page 2 of 2 Page 67 of 141 AGENDA ITEM #15 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Michael Salmon, Chief Financial Officer SUBJECT: Schedule a Public Hearing for November 5, 2025 on the proposed electric rates for FY26 and FY27. APPROVED BY. Brian C. Wright, General Manager RECOMMENDATION: Schedule a Public Hearing for November 5, 2025 at 6:OOpm, or as soon thereafter, to receive public comment on the adoption of an Ordinance of proposed electric rates for the years 2026 and 2027. BACKGROUND: The District's electric retail rates are set by the Board of Directors and adopted by Ordinance. Proposed rates for 2026 and 2027 are developed as part of the budget process, supported by the cost of service analysis and rate study prepared by rate consultant, HDR Engineering, this summer and fall. ANALYSIS AND BODY: The board is holding Electric Rates Workshop #1 on September 3, 2025. Workshops are publicly noticed as part of regular meetings and open to the public for transparency and feedback. Electric Utility Rates Workshop #2 will be scheduled for September 17, 2025 and publicly noticed as needed. Furthermore, the board holds a Public Hearing before adopting an Ordinance. This public hearing is a final transparent step with respect to the process. In order to timely notice the Public Hearing on November 5, board authorization is requested for staff to schedule the Public Hearing. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. Page 1 of 2 Page 68 of 141 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: Scheduling the public hearing has no direct financial impact. ATTACHMENTS: None Page 2 of 2 Page 69 of 141 AGENDA ITEM #16 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Keith Renshaw, Electric Engineering Manager Mike Swanson, Director of Electric Engineering & Operations SUBJECT: Consideration to increase the 2025 Annual Authorization for Electric Material Market Basket Purchases APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Authorize an annual procurement increase of $350,000 for electric material market basket purchases for a total FY25 not-to-exceed amount of $950,000. BACKGROUND: Electric materials include all inventory and non-inventory warehoused items used routinely in the construction, maintenance, and repair of overhead and underground electric distribution system infrastructure. For many years the district has utilized a market basket approach for purchasing electric materials and equipment. District code includes provisions for material procurements utilizing a market basket approach. District code section 3.08.010.6 states: "For vendors from whom multiple items are most likely to be bought, a "market basket" approach may be used to select the most competitive vendor. This approach compares the aggregate cost for anticipated quantities of items among vendors; the basis for selection is the lowest market basket cost. Should the total anticipated purchases exceed $15,000, approval will be obtained by the Board." By utilizing a market basket approach for electric material purchases, the District obtains the lowest overall material costs while reducing administrative staff workload associated with obtaining quotes from multiple vendors for each material purchase. At the December 4th 2024 Board Meeting the Board approved a FY25 annual authorization of $600,000 for the electric material market basket which was included in the annual procurement package for FY25. Market basket procurements were awarded through a public competitive bid process to the two lowest responsive vendors; Anixter/Wesco and OneSource, Inc. ANALYSIS AND BODY: Page 1 of 3 Page 70 of 141 To date, electric material market basket expenditures for 2025 are $193,205, with open purchase orders totaling an additional $163,615 expected to be invoiced and paid in the next few months. The remaining available electric material market basket authorization for FY25 is approximately $243,180. Table 1 below shows the total YTD electric material market basket expenditures (including open purchase orders) and remaining authorization for FY25. Table 1: YTD FY25 Electric Material Market Basket Expenditures and Remaining Authorization Description Total FY25 Market Basket Authorization $ 600,000 Expenditures YTD FY25 $ (193,205) Open Purchase Orders $ (163,615) Total Remaining FY25 Authorization $ 243,180 Earlier this year, the District began planning for an overhead rebuild pilot project utilizing hardening materials such as ductile iron/metal poles, fiberglass crossarms, covered conductor, and all associated appurtenances. The goal of the pilot project is to evaluate the costs and staffing resources utilized with updated materials and work practices associated with hardening projects utilizing fire-resilient equipment while mitigating wildfire risk. Staff became aware that many of the hardening materials have significant lead times and essentially cost twice as much as compared to their legacy versions. Although hardening materials increase project costs, they also double the expected life of those assets. The increased cost of materials was not factored into the annual authorization calculation requested in FY24 for FY25. Due to material lead-times, staff will need to begin ordering materials needed to complete the pilot project in 2025 while keeping a sufficient inventory stock for emergency and storm response through the remainder of the year. Staff forecasts that an additional $500,252 will be needed for long-lead time equipment, and an additional $92,928 is needed for contingency for normal inventory control through the remainder of the year. Table 2 below shows the total additional authorization needed for FY25. Table 2: Additional FY25 Electric Material Market Basket Authorization Requested Description Total Remaining FY25 Authorization $ 243,180 Forecasted Hardening Expenditures (Pre-Order) $ (500,252) Contingency (Forecasted for remainder of 2025) $ (92,928) Total Additional Authorization Needed $ (350,000) Due to the change of standard materials utilized for the overhead pilot project and procurement lead times necessitating material pre-ordering, the previous market basket authorization is insufficient. To ensure completion of planned capital projects through the remainder of the year and into early 2026, while maintaining material inventory levels sufficient for emergency and storm response, additional authorization for the Page 2 of 3 Page 71 of 141 electric materials market basket is needed. Therefore, staff recommends that the Board authorizes an annual procurement increase of$350,000 for electric material market basket purchases for a total FY25 not-to-exceed amount of $950,000. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency FISCAL IMPACT: Expenditures under the FY25 electric material market basket annual authorization are utilized for capital projects and maintenance activities, and charged out of inventory accordingly. The FY24-25 Capital Budget allocates $6,704,300 for planned capital projects in FY25 funded through rates. As of July 31, 2025, year-to-date expenditures for rate-funded capital projects equal $1,918,901. The expenditure forecast for electric capital projects through the end of 2025 is $4,124,267. The remaining FY25 capital budget is sufficient to cover the increase in material procurements, and increased material costs, for planned capital projects. Although some material expenditures are associated with maintenance expense activities, those expenditures are minor as compared to capital project material expenditures and are not expected to have an adverse effect on the FY25 Electric Operating Budget. ATTACHMENTS: None Page 3 of 3 Page 72 of 141 AGENDA ITEM #17 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Brian Yohn, General Services Manager Michael Salmon, Chief Financial Officer SUBJECT: Closeout of 2025 Asphalt Replacement Project Contract C-4ov/ APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Adopt Resolution 2025-25 accepting the 2025 Asphalt Replacement Project as complete and authorizing the filing of the Notice of Completion. BACKGROUND: For FY2025, the Water Division has Capital Funds for the lifecycle replacement of deteriorating asphalt for facility access roads and District asphalt parking areas. Staff had identified four (4) areas at two separate locations where asphalt replacement was recommended due to the asphalt area being in poor condition, with heavily "alligatored" areas with many large cracks that can no longer be filled. District staff measured the areas and assembled the scope of a project to remove and replace the asphalt. Scope development considered asphalt replacement for the total estimated asphalt to be replaced at 6,200 square feet. The scope included the areas at the access gates located at District Headquarters to permit the automatic gate sensor loops to be replaced with four (4) new sensor loops, two (2) at each gate, with heat-rated wire to accommodate coverage with hot asphalt mix to eliminate damage caused by annual snow removal efforts. The project documents were completed, and the project was published to the public bid process on May 22, 2025. The bid opening was held on June 23, 2025. At the July 2, 2025, Board meeting, staff presented a staff report that included bid opening results, and the Board of Directors approved a contract award to the lowest responsive bidder, Lakeside Paving and Sealing, Inc., from Carnelian Bay, California, for $48,582.29. Additionally, the Board approved a 10% change order allowance of $4,858.23, for a total authorization not to exceed $53,440.19. ANALYSIS AND BODY: There were two change order requests during the project that identified increased material needed and project scope additions: the project cost additions total for Page 1 of 2 Page 73 of 141 submitted and approved change orders was $4,417.50. • Change Order #1: 8/4/2025: $725.00 — Change Order status — Approved. During asphalt installation at the two (2) gate loop areas at District Headquarters, it was identified that the asphalt depth exceeded four inches and required additional asphalt materials. • Change Order #2: 8/25/2025: $3,692.50 — Change Order Status — Approved. Change order #2 was to expand the scope at the No Other Way, Truckee, CA location to include an additional 350 square feet of asphalt installation to increase the access road width and asphalt directly to the building entry for easier loading/unloading of Water Department materials. The project is now complete, and staff recommend final acceptance by the District. Attached is a draft resolution (Attachment 1) accepting the project and directing that a Notice of Completion be filed with Nevada County. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 4. Modernize the utility and add value to our communities through collaboration and innovation. FISCAL IMPACT: The original bid price was $48,582.29. The Board also established a change order allowance of $4,858.23, for a total authorization not to exceed $53,440.19. Once adjustments are made for the change order items described above, the final contract price is $52,999.79. Item Amount Original bid price $48,858.23 Change Order Request Totals: # 01 - # 02 $ 4,417.50 Total $52,999.79 ATTACHMENTS: 1. 20250825 Closeout Resolution 2025-25 - 2025 Asphalt Replacement Page 2 of 2 Page 74 of 141 ■ r IF' PLiblic Utility District Resolution No. 2025-25 AUTHORIZING THE ACCEPTANCE OF THE 2025 ASPHALT REPLACEMENT PROJECT AND DIRECTING FILING OF THE NOTICE OF COMPLETION WHEREAS, the Board of Directors of the Truckee Donner Public Utility District made the determination to undertake the 2025 Asphalt Replacement project; and WHEREAS, Lakeside Paving and Sealing, Inc. was selected by the District to perform the work; and WHEREAS, Lakeside Paving and Sealing, Inc. has completed all of the Work included in the Project; and NOW THEREFORE BE IT RESOLVED by the Board of Directors of the District as follows: 1. That the District hereby accepts the 2025 Asphalt Replacement project as complete. 2. That the Clerk of the District be directed to file with the County of Nevada the Notice of Completion, a copy of which is attached hereto. 3. That 35 days following the filing of the Notice of Completion, the monies retained from the contractor payments be released to the contractor if no claims have been made to the District by material suppliers or laborers. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the V day of September, 2025, by the following roll call vote: AYES: NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Christa Finn, President of the Board ATTEST: Brian C. Wright, General Manager Page 75 of 141 RECORDING REQUESTED BY: Truckee Donner Public Utility District WHEN RECORDED, RETURN TO: TRUCKEE DONNER PUBLIC UTILITY DISTRICT Brian Wright, General Manager 11570 Donner Pass Road Truckee, CA 96161-4947 THE UNDERSIGNED DECLARES DOCUMENTARY TRANSFER TAX- NONE NOTICE OF COMPLETION NOTICE IS HEREBY GIVEN: 1. That the name and address of the public entity for whom the improvement project was done, as owner thereof, is the Truckee Donner Public Utility District, 11570 Donner Pass Road, Truckee, CA 96161. 2. Nature of interest or estate of owner: beneficial interest of a public utility of electric and water facilities. 3. That on September 3, 2025, the hereinafter described improvements were accepted as complete pursuant to Resolution 2025-25 of the Truckee Donner Public Utility District, the awarding authority. 4. That the subject improvements of the notice are generally described and identified as follows: 2025 Asphalt Replacement project. 5. That the name and address of the contractor for such project was: Lakeside Paving and Sealing, Inc., Post Office Box 924 Carnelian Bay, CA 96140. 1 certify under penalty of perjury under the laws of the State of California that the foregoing is true and correct. Dated: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Brian C. Wright, General Manager MAIL TAX STATEMENTS TO: SAME AS ABOVE Legal References: CC-3093,CCP-2003 (oath), 2015.5 (unsworn statement) Page 76 of 141 AGENDA ITEM #18 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Michael Salmon, Chief Financial Officer SUBJECT: 2025 Water Utility Cost of Service and Rate Study - Establish proposed water rates for FY26 - FY30 and set Public Hearing date of November 19, 2025 for Water Rates Ordinance APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: a. Establish proposed water rates for the five years 2026 through 2030 and begin the rate adoption process in accordance with California's Proposition 218 b. Schedule a Public Hearing on November 19, 2025, starting at 6:OOpm or as soon thereafter, to consider adoption by Ordinance the water rates for the years 2026 through 2030 BACKGROUND: The board held a workshop on August 20, 2025, and discussed the proposed water utility rates and received an update on the water rate study currently being conducted by the District's third-party consultant. Staff sought feedback from the board to guide the next steps in the water rate development process as well as to ensure an informed and transparent process. The development and adoption of cost-of-service based water utility rates, fees and charges is integral to the District's ability to effectively fund the construction, maintenance and operation of a safe, reliable and sustainable public water system. The water utility rate development process includes: • Revenue and Cost of Service Analysis • Design of a Multi-year Rate Plan • CA Prop 218 Process • Adoption by Board of Directors In 2020, the Board adopted Ordinance 2020-02 setting the water rates and the resulting rates increase for the five years 2021 to 2025. The resulting Board-approved water rate increase schedule and the resulting average monthly residential bill at 8,000 gallons was as follows: Page 1 of 6 Page 77 of 141 Fiscal Year 2021 2022 2023 2024 2025 Approved Maximum 9% 9% 8% 8% 7% Rate Increase Residential 3/4" Meter @ 8,000 Gal. $83.63 $91 .16 $98.45 $106.33 $113.77 Mth. Bill A 2024 water utility rate benchmark analysis provides the following comparative information at 5,000 gallons. Page 2 of 6 Page 78 of 141 Water-Typical Monthly Bill Alpine Springs CWD $132.27 Olympic Valley P5D $129.69 Tahoe City PUD $112.32 Donner Surnmit PUD $112.W TDPUD Inc Pump 15) $110L53 Northstar CSD $105.02 TDPUD Exc Pump 14) $102,59 San Frandsco PUC $97.88 North Tahoe PUD $65.31 South Ta hoe PU D $73.72 Nevada Irrigation District $63.26 aacramerfbo SWD $57.21 so $20 $40 $60 $80 $100 $120 $140 ible ordinanceslrates information. Monthly hills assume a 5,006 gallons per month in water (4) ExcJuding Pump Zone charge (5) Including Pump Zone charge, the weighked average of the 7 pump zones_ Pump zone charges are based on water elevation zones of service territory. Page 3 of 6 Page 79 of 141 In preparation for the proposal of new water rates for FY26 through FY30 and consideration for adoption by the Board, the District approved a professional services contract with DOWL Engineering for the development of an updated 10-year capital improvement plan (CIP), and HDR Engineering to conduct the 2025 Water Cost of Service and Rate Study. The District's updated Water Infrastructure 10-year CIP was first reviewed at a workshop with the Board on July 16, 2025. The completion of the updated CIP plan revealed the District would require significant increases in rate-funded capital expenditures over the next 10 years in order to address increasing construction costs, the ongoing need to harden water system reliability, construction of additional pipelines for system redundancy, continued maintenance of critical water system facilities as well as replacing other facilities approaching the end of their useful life. Based upon an assessment of water system infrastructure and operational needs, the CIP study conducted by DOWL Engineering identified an annual capital budget equivalent of approximately $7M. This total of $7M is similar to the prior CIP average per year. However, it should be noted the prior CIP funding was bolstered by the issuance of $14M in new debt in 2022. Utilizing the updated water infrastructure 10-year CIP, the water rate study currently being completed by HDR Engineering is intended to align rate generated revenues with the District's financial goals. Some additional concerns to be accounted for in the 2025 Water Rate Study Update are: • Significant and yet-to-be-determined unfunded State mandates associated with water use reduction and water loss performance standards; and • Address the continuing rise in costs exceeding that of inflationary expectations for general repair and replacement services and materials. ANALYSIS AND BODY: This agenda item is the second of two planned water rate board meetings prior to the public hearing on November 19, 2025. Attachment 1 provides the updated cost of service and rates analysis outlining minor adjustments based on Board feedback during Workshop #1 . The rate increase recommendation remains unchanged at an average overall increase of 6.5% per year for 2026 to 2030, and a forecast increase of 3.5% in FY 2031 to FY2035. The primary update to the study was that forecast inflation in all years was reduced from an average of 4.8% per year to 4.0% per year. The budget's financial master plan will also utilize 4.0%, all years; an assumption update from 3.0% previously planned. This inflation study change results in the year 2030 ending reserves balance of $11 .3M, increasing by $1.6M from the study draft presented on August 20, 2025. HDR Engineering has completed the initial phase of the 2025 Water Rate Study Update, including the evaluation of the District's revenue requirements, potential rate Page 4 of 6 Page 80 of 141 design scenarios, and the projected impacts on the District's reserve funds. The draft study schedules are provided as Attachment 1 to this report. HDR Engineering has prepared a presentation for this workshop to facilitate a review and discussion of various water rate options, including impacts on reserve balances. Based upon the feedback and input generated from the workshop, staff and HDR Engineering will present recommendations for rate structure components such as base rate, volumetric rates and tiers for consideration by the Board. The District's proposed water utility rates are presented by staff for consideration, adopted by the Board of Directors and are subject to the provisions of California Proposition 218 (Prop 218). Prop 218, also known as the "Right to Vote on Taxes Act", was adopted in 1996. In the State of California, utility rates for the consumption of water adopted by a government agency are considered "property-related fees" and are subject to Prop 218. Compliance with CA Prop 218 requires the following criteria be met: • Water rates must be based on actual cost of service; • District must provide notification by mail to parcel owners within the District boundaries of the intended rate adjustments; • District must hold at least one public hearing not sooner than 45 days after the mailing of notices; • District must provide an opportunity for parcel owners to formally protest rate increase (requires majority protest to reject rate increase); and • If proposed rates are not rejected, they may become effective 30 days after the public hearing and adoption by ordinance. In order to meet the requirements of Prop 218, staff are proposing the following schedule: • August 20, 2025 — Workshop #1 to review the results of the rate study and rate options; • September 3, 2025 — Preliminary approval of proposed new water rates by the Board and schedule a public hearing for November 19, 2025; • September 2025 to November 2025 — Notification and advertisement for scheduled public hearing, protests and objections process • November 19, 2025 — Hold public hearing regarding proposed water rates and adopt ordinance setting new water utility rates • January 1, 2025 — New adopted water utility rates become effective GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. Page 5 of 6 Page 81 of 141 3. Provide reliable and high-quality water supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable, resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: The proposed rates adopted for the forthcoming Prop 218 and ordinance process have a direct impact on the financial health and budget of the water utility of the District. The proposed rate adjustment for 2026 of 6.5% equates to increased revenue of$1 .31 million or approximately $202,000 per 1% rate change. These amounts compound thereafter from 2027 through 2030, with each year's proposed 6.5% increase. A decrease or increase in the % change, in any or all years, would have a corresponding impact on reserve balances, operating cash funds, and/or funds available for capital expenditures. ATTACHMENTS: 1. TDPUD - Water COSA 2025 DRAFT 8.26.2025 Page 6 of 6 Page 82 of 141 Truckee Donner PUD Water Utility Revenue Requirement Summary (Values in$1,000s) Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Revenue Rate Revenue at Current Rates $20,068 $20,170 $20,246 $20,322 $20,399 $20,477 $20,557 $20,638 $20,720 $20,802 $20,886 Miscellaneous Revenue 680 683 654 639 621 627 659 697 723 772 828 Total Revenue $20,748 $20,853 $20,900 $20,961 $21,020 $21,104 $21,216 $21,335 $21,443 $21,574 21,714 Expenditures Board of Directors $274 $282 $293 $305 $317 $330 $343 $357 $371 $386 $401 General Manager 1,761 1,840 1,913 1,990 2,069 2,152 2,238 2,328 2,421 2,518 2,619 Administrative Services 1,796 1,882 1,957 2,035 2,117 2,201 2,289 2,381 2,476 2,575 2,678 Conservation 153 161 168 174 181 189 196 204 212 221 230 Water Operations 8,060 8,443 8,771 9,111 9,465 9,832 10,214 10,610 11,022 11,450 11,895 IT/GIS 1,072 1,115 1,160 1,206 1,255 1,305 1,357 1,411 1,468 1,526 1,587 Interdepartmental Rent 608 643 669 696 723 752 782 814 846 880 915 Additional Expenditures 0 0 0 0 0 0 0 0 0 0 0 Total Expenditures $13,723 $14,366 $14,931 $15,518 $16,127 $16,761 $17,420 $18,105 $18,817 $19,557 20,325 Rate Funded Capital $5,000 $7,000 $7,250 $7,350 $7,450 $7,550 $7,800 $8,050 $8,300 $8,550 $8,800 Net Debt Service $1,532 $1,526 $1,530 $2,490 $2,481 $2,486 $2,489 $2,486 $2,490 $2,485 $1,911 Transfers $327 $376 $432 $497 $512 $527 $543 $559 $576 $593 $611 Total Revenue Requirement $20,582 $23,268 $24,143 $25,854 $26,571 $27,324 $28,252 $29,200 $30,183 $31,185 31,648 Balance/(Deficiency)of Funds $166 ($2,415) ($3,243) ($4,893) ($5,551) ($6,221) ($7,036) ($7,865) ($8,740) ($9,611) ($9,934) Rate Adj.as a%of Rate Rev -0.8% 12.0% 16.0% 24.1% 27.2% 30.4% 34.2% 38.1% 42.2% 46.2% 47.6% Proposed Rate Adjustment 0.0% 6.5% 6.5% 6.5% 6.5% 6.5% 3.5% 3.5% 3.5% 3.5% 3.5% Rate Revenue After Adjustment $20,068 $21,481 $22,963 $24,547 $26,243 $28,055 $29,151 $30,290 $31,475 $32,706 $33,987 Debt Service Coverage Ratio Before Rate Adjustment 3.53 3.27 3.00 1.85 1.66 1.48 1.29 1.10 0.89 0.69 0.63 After Rate Adjustment 3.53 3.93 4.37 3.28 3.65 4.05 4.20 4.38 4.53 4.73 6.53 Average Monthly Residential Bill $109.73 $116.86 $124.46 $132.55 $141.16 $150.34 $155.60 $161.05 $166.68 $172.52 $178.56 $Change Per Month 7.13 7.60 8.09 8.62 9.18 5.26 5.45 5.64 5.83 6.04 Cumulative$Change per Month 7.13 14.73 22.82 31.43 40.61 45.87 51.32 56.95 62.79 68.83 Ending Reserve Balance $15,667 $12,853 $11,573 $10,485 $10,560 $11,299 $13,458 $15,577 $18,863 $22,326 $27,571 Low Interest Loan $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Funding Available for Capital $4,289 $9,440 $8,809 $8,669 $8,606 $9,147 $8,220 $8,795 $8,146 $8,539 $7,984 08/27/2025 Page 1 of 36 Page 83 of 141 Truckee Donner PUD Water Utility Revenue Requirement Exhibit 1-Escalation Factors Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Revenues Customer Growth 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% Consumer Price Index 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Standby Fees -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% Misc.Revenue 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% Consumption Growth 0.0% 0.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% -1.0% Flat 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Expenses Salaries&Benefits Budget 5.5% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Repairs&Maintenance Budget 3.5% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Worker's Compensation Budget 3.5% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% OPEB Budget 5.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Materials&Supplies Budget 3.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Equipment Budget 3.5% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Miscellaneous Budget 3.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Operations&Maintenance Budget 5.1% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Professional Services Budget 3.5% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Rent Budget 5.9% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Purchased Power Budget 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% Flat Budget 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% One-time -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% Flat 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Capital O&M Budget 2.0% 2.0% 2.0% 2.0% 2.0% 2.0% 2.0% 2.0% 2.0% 2.0% Investment Interest 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% New Long-Term Debt Assumptions Revenue Bond Rate 4.8% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% Term 20 20 20 20 20 20 20 20 20 20 20 Low Interest Loan Rate 2.8% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% Term 20 20 20 20 20 20 20 20 20 20 20 08/27/2025 Page 2 of 36 Page 84 of 141 Truckee Donner PUD Water Utility Page 1 of 6 Revenue Requirement Exhibit 2-Revenues&Expenses Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Revenues Rate Revenues Residential $17,143,569 $17,240,005 $17,325,496 $17,411,097 $17,498,044 $17,585,099 $17,674,732 $17,764,470 $17,855,547 $17,946,728 $18,039,247 Calc'd in Cust Data Tab Commercial 1,957,826 1,963,847 1,963,683 1,963,582 1,963,541 1,963,561 1,963,640 1,963,779 1,963,978 1,964,234 1,964,548 Calc'd in Cust Data Tab Pump Zone Charges 966,118 966,118 956,459 946,899 937,432 928,062 918,786 909,606 900,510 891,510 882,595 Calc'd in Cust Data Tab ________________ ________________ ________________ ________________ ________________ ________________ ________________ ____ Total Rate Revenues $20,067,513 $20,169,969 $20,245,638 $20,321,578 $20,399,016 $20,476,722 $20,557,157 $20,637,855 $20,720,035 $20,802,472 $20,886,390 Other Revenues Misc Operating Revenue $185,500 $185,500 $185,500 $185,500 $185,500 $185,500 $185,500 $185,500 $185,500 $185,500 $185,500 As Flat Non-Potable 164,031 164,031 162,965 161,909 160,865 159,830 158,806 157,792 156,788 155,794 154,811 Ca1c'd in Cust Data Tab Misc Rents 66,200 66,597 66,997 67,399 67,803 68,210 68,619 69,031 69,445 69,862 70,281 As Misc.Revenue Standby Revenue 91,200 90,288 89,385 88,491 87,606 86,730 85,863 85,004 84,154 83,313 82,480 As Standby Fees Interest Income 173,557 176,641 149,043 135,901 119,213 126,541 160,471 199,421 227,065 277,428 334,743 Total Other Revenues $680,488 $683,057 $653,890 $639,201 $620,987 $626,812 $659,260 $696,748 $722,952 $771,897 $827,815 Total Revenues $20,748,001 $20,853,026 $20,899,527 $20,960,779 $21,020,004 $21,103,533 $21,216,417 $21,334,604 $21,442,987 $21,574,370 $21,714,204 08/27/2025 Page 3 of 36 Page 85 of 141 Truckee Donner PUD Water Utility Page 2 of 6 Revenue Requirement Exhibit 2-Revenues&Expenses Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Expenses Board of Directors $273,673 $281,883 $293,159 $304,885 $317,080 $329,763 $342,954 $356,672 $370,939 $385,777 $401,208 As Miscellaneous General Manager Admin&Ops General Exp $746,916 $787,996 $819,516 $852,297 $886,389 $921,844 $958,718 $997,067 $1,036,949 $1,078,427 $1,121,565 As Salaries&Benefits Public Information 151,842 160,193 166,601 173,265 180,196 187,404 194,900 202,696 210,803 219,236 228,005 As Salaries&Benefits Legislature&Regulations 86,231 90,974 94,613 98,397 102,333 106,426 110,683 115,111 119,715 124,504 129,484 As Salaries&Benefits Office Supplies&Expenses 105,050 108,202 112,530 117,031 121,712 126,580 131,644 136,909 142,386 148,081 154,004 As Materials&Supplies Outside Service Employed 167,580 173,445 180,383 187,598 195,102 202,906 211,023 219,464 228,242 237,372 246,867 As Professional Services Injuries&Damages 424,179 436,904 454,381 472,556 491,458 511,116 531,561 552,823 574,936 597,934 621,851 As Miscellaneous General Advertising 79,645 82,034 85,316 88,728 92,277 95,969 99,807 103,800 107,952 112,270 116,760 As Miscellaneous Misc General Expense 0 0 0 0 0 0 0 0 0 0 0 As Miscellaneous --------- --------- --------- ---------------- __ __ _ ------------ ---------------- Total General Manager $1,761,443 $1,839,749 $1,913,339 $1,989,872 $2,069,467 $2,152,246 $2,238,336 $2,327,869 $2,420,984 $2,517,823 $2,618,536 Administrative Services Customer Accounts Supervision $179,053 $188,901 $196,457 $204,315 $212,488 $220,987 $229,827 $239,020 $248,581 $258,524 $268,865 As Salaries&Benefits Meter Reading Expenses 1,133 1,195 1,243 1,293 1,345 1,398 1,454 1,512 1,573 1,636 1,701 As Salaries&Benefits Customer Records&Collections 622,857 657,114 683,399 710,735 739,164 768,731 799,480 831,459 864,717 899,306 935,278 As Salaries&Benefits Cust Rec&Coll Meter Reader 0 0 0 0 0 0 0 0 0 0 0 As Salaries&Benefits Provision for Bad Debts 7,725 7,957 8,275 8,606 8,950 9,308 9,681 10,068 10,471 10,889 11,325 As Miscellaneous Admin and General Expenses 593,672 623,356 648,290 674,221 701,190 729,238 758,407 788,744 820,293 853,105 887,229 As OPEB Office Supplies&Expenses 90,482 93,196 96,924 100,801 104,833 109,027 113,388 117,923 122,640 127,546 132,648 As Materials&Supplies Outside Services Employed 42,661 44,154 45,920 47,757 49,667 51,654 53,720 55,869 58,104 60,428 62,845 As Professional Services Insurance Expense 226,375 233,166 242,493 252,193 262,280 272,772 283,682 295,030 306,831 319,104 331,868 As Miscellaneous Injuries&Damages 31,708 32,659 33,966 35,324 36,737 38,207 39,735 41,324 42,977 44,696 46,484 As Miscellaneous --------- ------------ ---------------- ---------------- --------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Administrative Services $1,795,666 $1,881,699 $1,956,967 $2,035,245 $2,116,655 $2,201,321 $2,289,374 $2,380,949 $2,476,187 $2,575,235 $2,678,244 Conservation Water Conservation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 As Salaries&Benefits PBD:Residential 90,934 95,935 99,773 103,764 107,914 112,231 116,720 121,389 126,244 131,294 136,546 As Salaries&Benefits PBC:Commercial 46,442 48,996 50,956 52,994 55,114 57,319 59,612 61,996 64,476 67,055 69,737 As Salaries&Benefits PBC:Education&Outreach 7,416 7,824 8,137 8,462 8,801 9,153 9,519 9,900 10,296 10,708 11,136 As Salaries&Benefits Admin&Ops General 2,954 3,116 3,241 3,371 3,506 3,646 3,792 3,943 4,101 4,265 4,436 As Salaries&Benefits Office Supplies&Expenses 4,924 5,072 5,275 5,486 5,705 5,933 6,171 6,417 6,674 6,941 7,219 As Materials&Supplies IT/GIs 0 0 0 0 0 0 0 0 0 0 0 As Salaries&Benefits Injuries&Damages 304 313 326 339 352 366 381 396 412 429 446 As Miscellaneous General Advertising 0 0 0 0 0 0 0 0 0 0 0 As Miscellaneous Misc General Expense 0 0 0 0 0 0 0 0 0 0 0 As Miscellaneous --------------- ------------- ---------------- -------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Conservation $152,974 $161,257 $167,707 $174,415 $181,392 $188,648 $196,194 $204,041 $212,203 $220,691 $229,519 08/27/2025 Page 4 of 36 Page 86 of 141 Truckee Donner PUD Water Utility Page 3 of 6 Revenue Requirement Exhibit 2-Revenues&Expenses Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Water Operations Ops Supervision&Engineering $675,405 $712,552 $741,054 $770,697 $801,524 $833,585 $866,929 $901,606 $937,670 $975,177 $1,014,184 As Salaries&Benefits Construction Engineering 0 0 0 0 0 0 0 0 0 0 0 As Salaries&Benefits Facilites Operations 1,799,877 1,898,870 1,974,825 2,053,818 2,135,971 2,221,410 2,310,266 2,402,677 2,498,784 2,598,735 2,702,684 As Salaries&Benefits Power Supply 1,954,542 2,022,951 2,093,754 2,167,036 2,242,882 2,321,383 2,402,631 2,486,723 2,573,759 2,663,840 2,757,075 As Purchased Power Distribution Operations 2,321,358 2,449,033 2,546,994 2,648,874 2,754,829 2,865,022 2,979,623 3,098,808 3,222,760 3,351,670 3,485,737 As Salaries&Benefits Meters/Services Operations 475,809 501,978 522,058 542,940 564,658 587,244 610,734 635,163 660,569 686,992 714,472 As Salaries&Benefits Misc.General Expense 712,809 734,193 763,561 794,103 825,868 858,902 893,258 928,989 966,148 1,004,794 1,044,986 As Miscellaneous Injuries&Damages 120,096 123,699 128,647 133,793 139,144 144,710 150,499 156,519 162,779 169,290 176,062 As Miscellaneous ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Water Operations $8,059,896 $8,443,277 $8,770,893 $9,111,260 $9,464,875 $9,832,256 $10,213,939 $10,610,484 $11,022,469 $11,450,499 $11,895,200 IT/GIS Engineering/SCADA Ops $174,458 $184,053 $191,415 $199,072 $207,035 $215,316 $223,929 $232,886 $242,201 $251,889 $261,965 As Salaries&Benefits Misc General Expense 121,673 128,365 133,500 138,840 144,393 150,169 156,176 162,423 168,920 175,676 182,703 As Salaries&Benefits Meter Reading 55,613 57,281 59,573 61,956 64,434 67,011 69,692 72,479 75,378 78,394 81,529 As Miscellaneous Customer Records 135,593 143,051 148,773 154,724 160,912 167,349 174,043 181,005 188,245 195,775 203,606 As Salaries&Benefits Administrative&General IT Ops 515,612 531,080 552,324 574,417 597,393 621,289 646,140 671,986 698,866 726,820 755,893 As Miscellaneous Office Supplies&Expenses 20,765 21,388 22,243 23,133 24,059 25,021 26,022 27,063 28,145 29,271 30,442 As Materials&Supplies Outside Services Employed 25,750 26,651 27,717 28,826 29,979 31,178 32,425 33,722 35,071 36,474 37,933 As Professional Services Injuries&Damages 22,784 23,468 24,406 25,382 26,398 27,454 28,552 29,694 30,882 32,117 33,402 As Miscellaneous --------------- ---------------- ---------------- ---------------- ---------------- --------------- -------------- --------------- ---------------- ---------------- ---------------- Total IT/GIS $1,072,248 $1,115,337 $1,159,951 $1,206,349 $1,254,603 $1,304,787 $1,356,978 $1,411,257 $1,467,708 $1,526,416 $1,587,473 Interdepartmental Rent $607,500 $643,090 $668,814 $695,566 $723,389 $752,324 $782,417 $813,714 $846,262 $880,113 $915,317 As Rent Total Expenses $13,723,400 $14,366,292 $14,930,829 $15,517,593 $16,127,462 $16,761,346 $17,420,193 $18,104,987 $18,816,7S3 $19,556,S54 $20,325,497 Additional Expenditures $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Operations&Maintenance Expense $13,723,400 $14,366,292 $14,930,829 $15,517,593 $16,127,462 $16,761,346 $17,420,193 $18,104,987 $18,816,753 $19,556,554 $20,325,497 4.7% 3.9% 3.9% 3.9% 3.9% 3.9% 3.9% 3.9% 3.9% 3.9% Rate Funded Capital $5,000,000 $7,000,000 $7,250,000 $7,350,000 $7,450,000 $7,550,000 $7,800,000 $8,050,000 $8,300,000 $8,550,000 $8,800,000 FY 2023 Dep.Exp._ $4,826,705 40.0% 3.6% 1.4% 1.4% 1.3% 3.3% 3.2% 3.1% 3.0% 2.9% Debt Service Pipeline COP Rates $576,529 $573,196 $575,581 $574,322 $570,555 $575,893 $574,705 $573,333 $575,711 $574,484 $0 Financial Plan Pipeline COP FF 360,884 359,005 359,806 358,474 360,101 359,147 359,524 357,313 359,424 359,309 306,800 Financial Plan Pipeline COP Assmt 97,925 99,736 97,150 99,142 100,444 97,360 98,421 100,104 101,490 97,207 0 Financial Plan 2022 Water COP 955,250 952,500 954,250 955,250 950,500 950,250 954,250 952,250 954,500 950,750 951,250 Utility Building Debt 0 0 0 960,000 960,000 960,000 960,000 960,000 960,000 960,000 960,000 New Low Interest Loan 0 0 0 0 0 0 0 0 0 0 0 Calculated @ 2.98%for 20 yrs New Revenue Bond 0 0 0 0 0 0 0 0 0 0 0 Calculated @ 4.98%for 20 yrs -------------- -------------- ------------ -------------- -------------- -------------- -------------- -------------- -------------- Total Debt Service $1,990,588 $1,984,437 $1,986,787 $2,947,188 $2,941,600 $2,942,650 $2,946,900 $2,943,000 $2,951,125 $2,941,750 $2,218,050 -0.3% 0.1% 48.3% -0.2% 0.0% 0.1% -0.1% 0.3% -0.31 -24.6% Less Debt Service Transfers Transfer in from DLAD Surcharge for 2006 COP debt pmt $97,925 $99,736 $97,150 $99,142 $100,444 $97,360 $98,421 $100,104 $101,490 $97,207 $0 Transfer in from FF Reserve 360,884 359,005 359,806 358,474 360,101 359,147 359,524 357,313 359,424 359,309 306,800 $ -------------- -------------- -------------- -------------- ------- -------------- -------------- -------------- -------------- -------------- -------------- Total Debt Service Transfers 458,809 $458,741 $456,956 $457,616 $460,545 $456,507 $457,945 $457,417 $460,914 $456,516 $306,800 Net Debt Service $1,531,779 $1,525,696 $1,529,831 $2,489,572 $2,481,055 $2,486,143 $2,488,955 $2,485,583 $2,490,211 $2,485,234 $1,911,250 08/27/2025 Page 5 of 36 Page 87 of 141 Truckee Donner PUD Water Utility Page 4 of 6 Revenue Requirement Exhibit 2-Revenues&Expenses Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Transfers In Transfer in from employee and overhead for sidefund debt $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Transfer in from Vehicle Reserve(on CIP Calculation) 0 0 0 0 0 0 0 0 0 0 0 Transfer from Operating Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 Out Debt Service Payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Transfer to Vehicle Reserve 327,000 376,000 432,000 497,000 512,000 527,000 543,000 559,000 576,000 593,280 611,078 Transfer to Operating Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 Total Transfers $327,000 $376,000 $432,000 $497,000 $512,000 $527,000 $543,000 $559,000 $576,000 $593,280 $611,078 Total Revenue Requirement $20,582,179 $23,267,988 $24,142,660 $25,854,165 $26,570,517 $27,324,489 $28,252,148 $29,199,570 $30,182,964 $31,185,068 $31,647,826 13.0% 3.8% 7.1% 2.8% 2.8% 3.4% 3.4% 3.3% 1.5% Balance/(Deficiency)of Funds $165,822 ($2,414,962) ($3,243,133) ($4,893,386) ($5,550,513) ($6,220,955) ($7,035,730) ($7,864,967) ($8,739,977) ($9,610,699) ($9,933,621) Cumulative Rate Adjust.as a%of Rate Rev -0.8% 12.0% 16.0% 24.1% 27.2% 30.4% 34.2% 38.1% 42.2% 46.2% 47.6% Proposed Rate Adjustment 0.0% 6.5% 6.5% 6.5% 6.5% 6.5% 3.5% 3.5% 3.5% 3.5% 3.5% Addt'I Rev from Proposed Adj. $0 $1,311,048 $2,717,471 $4,225,865 $5,843,632 $7,578,162 $8,593,708 $9,651,728 $10,754,518 $11,903,299 $13,100,636 Net Bal/(Def)of Funds After Rate Adj. $165,822 ($1,103,914) ($525,662) ($667,522) $293,119 $1,357,206 $1,557,977 $1,786,762 $2,014,542 $2,292,600 $3,167,015 Additional Rate Increase Needed -0.8% 5.5% 2.6% 3.3% -1.4% -6.6% -7.6% -8.7% -9.7% -11.0% -15.2% Debt Service Coverage Ratio Before Rate Adjustment 3.53 3.27 3.00 1.85 1.66 1.48 1.29 1.10 0.89 0.69 0.63 After Rate Adjustment 3.53 3.93 4.37 3.28 3.65 4.05 4.20 4.38 4.53 4.73 6.53 Average Monthly Residential Bill(3/4"meter+5,000 gal) $109.73 $116.86 $124.46 $132.55 $141.16 $150.34 $155.60 $161.05 $166.68 $172.52 $178.56 $Change Per Month 7.13 7.60 8.09 8.62 9.18 5.26 5.45 5.64 5.83 6.04 Cumulative$Change per Month 7.13 14.73 22.82 31.43 40.61 45.87 51.32 56.95 62.79 68.83 08/27/2025 Page 6 of 36 Page 88 of 141 Truckee Donner PUD Water Utility Page 5 of 6 Revenue Requirement Exhibit 2-Revenues&Expenses Budget Projected FY 2025 I FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Cash Reserves Operating Cash Fund Beginning Balance $6,942,281 $7,D65,629 $5,961,715 $5,436,053 $4,768,532 $5,D61,651 $6,418,857 $7,976,834 $9,082,596 $11,097,137 $13,389,737 Plus:Additions 165,822 0 0 0 293,119 1,357,206 1,557,977 1,786,762 2,014,542 2,292,600 3,167,015 Less:Uses of Funds (42,474) (1,103,914) (525,662) (667,522) 0 0 0 (681,000) 0 0 0 Ending Balance $7,D65,629 $5,961,715 $5,436,053 $4,768,532 $5,061,651 $6,418,857 $7,976,834 $9,082,596 $11,097,137 $13,389,737 $16,556,752 Target Balance(60 Days O&M+DS Payments) $4,246,489 $4,346,019 $4,441,170 $5,498,025 $5,592,690 $5,697,940 $5,810,493 $5,919,162 $6,044,290 $6,156,526 $5,559,228 Or 180 Days of O&M $6,861,700 $7,183,146 $7,465,414 $7,758,797 $8,063,731 $8,380,673 $8,710,096 $9,052,494 $9,408,377 $9,778,277 $10,162,749 Operating Reserve Fund Beginning Balance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Plus:Additions 0 0 0 0 0 0 0 0 0 0 0 Less:Uses of Funds 0 0 0 0 0 0 0 0 0 0 0 Ending Balance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Capital Improvement Reserve Beginning Balance $4,356,937 $5,700,000 $3,862,000 $2,921,698 $1,904,698 $1,294,270 $321,270 $532,964 $532,964 $1,476,798 $2,401,798 Plus:Additions 1,343,063 0 0 0 0 0 211,694 0 943,834 925,000 1,519,019 Plus:Loan Proceeds 0 0 0 0 0 0 0 0 0 0 0 Plus:Bond Proceeds 0 0 0 0 0 0 0 0 0 0 0 Less:Uses of Funds 0 (1,838,000) (940,302) (1,017,000) (620,428) (963,000) 0 0 0 0 0 Ending Balance $5,700,000 $3,862,000 $2,921,698 $1,904,698 $1,284,270 $321,270 $532,964 $532,964 $1,476,798 $2,401,798 $3,920,817 TargetBalance:Average Annual Capital lmprov. $8,266,059 $8,489,000 $8,718,000 $8,953,000 $9,195,000 $9,443,000 $9,698,000 $9,960,000 $10,229,000 $10,505,000 $10,789,000 2.7%/Yr.Growth Vehicle Reserve Fund Beginning Balance $728,607 $475,000 $254,149 $699,872 $912,347 $1,452,834 $1,372,891 $1,871,511 $2,414,178 $2,759,094 $2,486,921 Plus:Additions 327,000 376,000 432,000 497,000 512,000 527,000 543,000 559,000 576,000 593,280 611,078 Plus:Interest 9,314 4,983 13,723 17,889 28,487 26,919 36,696 47,337 54,100 48,763 61,960 Less:Uses of Funds (589,920) (601,835) 0 (302,414) 0 (633,862) (81,076) (63,670) (285,184) (914,216) 0 Ending Balance $475,000 $254,149 $699,872 $912,347 $1,452,834 $1,372,891 $1,871,511 $2,414,178 $2,759,094 $2,486,921 $3,159,960 Target Balance:(?) Deferred Liability Reserve Beginning Balance $343,569 $350,440 $357,449 $364,598 $371,890 $379,328 $386,914 $394,653 $402,546 $410,597 $418,809 Plus:Additions 0 0 0 0 0 0 0 0 0 0 0 Plus:Interest 6,871 7,009 7,149 7,292 7,438 7,587 7,738 7,893 8,051 8,212 8,376 Less:Uses of Funds 0 0 0 0 0 0 0 0 0 0 0 Ending Balance $350,440 $357,449 $364,598 $371,890 $379,328 $386,914 $394,653 $402,546 $410,597 $418,809 $427,185 08/27/2025 Page 7 of 36 Page 89 of 141 Truckee Donner PUD Water Utility Page 6 of 6 Revenue Requirement Exhibit 2-Revenues&Expenses Budget Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Facility Fee Reserve Beginning Balance $1,906,534 $1,831,563 $2,012,009 $1,579,476 $1,786,022 $1,465,076 $1,701,287 $1,397,471 $1,668,881 $1,446,995 $1,754,080 Plus:Additions 250,000 500,000 515,000 530,000 546,000 562,000 579,000 596,000 614,000 632,000 651,000 Plus:Interest 35,913 39,451 30,970 35,020 28,727 33,359 27,401 32,723 28,372 34,394 27,905 Less:Uses of Funds (360,884) (359,005) (978,504) (358,474) (895,673) (359,147) (910,218) (357,313) (864,258) (359,309) (1,009,819) Ending Balance $1,831,563 $2,012,009 $1,579,476 $1,786,022 $1,465,076 $1,701,287 $1,397,471 $1,668,881 $1,446,995 $1,754,080 $1,423,166 Connection Fee Reserve Beginning Balance $88,057 $244,348 $405,311 $571,053 $741,686 $917,325 $1,098,084 $1,284,082 $1,475,441 $1,672,283 $1,874,736 Plus:Additions 151,500 153,015 154,545 156,091 157,652 159,228 160,820 162,429 164,053 165,693 167,350 Plus:Interest 4,791 7,947 11,197 14,543 17,987 21,531 25,178 28,930 32,790 36,760 40,842 Less:Uses of Funds 0 0 0 0 0 0 0 0 0 0 0 Ending Balance $244,348 $405,311 $571,053 $741,686 $917,325 $1,098,084 $1,284,082 $1,475,441 $1,672,283 $1,874,736 $2,082,928 Debt Service Reserve(Restricted) Beginning Balance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Plus:Additions 0 0 0 0 0 0 0 0 0 0 0 Plus:Interest 0 0 0 0 0 0 0 0 0 0 0 Less:Uses of Funds 0 0 0 0 0 0 0 0 0 0 0 Ending Balance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Reserve Funds Beginning $14,365,986 $15,666,982 $12,852,633 $11,572,750 $10,485,175 $10,560,483 $11,299,304 $13,457,515 $15,576,606 $18,862,905 $22,326,082 Ending $15,666,982 $12,852,633 $11,572,750 $10,485,175 $10,560,483 $11,299,304 $13,457,515 $15,576,606 $18,862,905 $22,326,082 $27,570,809 08/27/2025 Page 8 of 36 Page 90 of 141 Truckee Donner PUD Water Utility Revenue Requirement Exhibit 3-Capital Improvement Plan FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Annual CIP Pipeline Rehabilitation $0 $2,324,750 $0 $0 $0 $0 $0 $0 $0 $0 $0 Tank Rehabilitation 0 813,756 454,082 426,542 0 1,305,790 0 0 1,122,298 0 0 New Pump Station 0 0 0 0 0 0 0 0 0 0 0 Pipeline Replacement 0 0 2,852,871 2,989,098 0 3,300,731 0 3,638,302 0 4,001,628 0 New Well 0 0 1,237,396 0 0 0 0 0 1,009,668 0 0 New Tank 0 0 0 0 0 0 0 0 0 0 0 Well Rehabilitation 0 0 0 0 0 441,241 0 0 0 0 0 Pump Station Replacement 0 4,669,219 3,439,365 2,410,942 2,430,337 2,437,065 1,726,337 2,973,306 4,824,428 2,513,450 0 Tank Replacement 0 0 0 1,756,847 5,355,724 0 5,506,943 1,266,714 0 0 7,030,191 Water SCADA 0 120,000 124,000 128,000 132,000 136,000 140,000 144,000 148,000 152,000 157,000 Facilities 0 120,000 124,000 128,000 132,000 136,000 140,000 144,000 148,000 152,000 157,000 Contingency 0 50,275 52,286 53,571 54,939 57,173 58,720 59,678 60,606 61,922 63,809 Capital Improvement Plan Update 0 0 0 0 100,000 0 0 0 115,000 0 0 Information Technology Projects 615,300 540,000 319,000 262,000 183,000 474,000 335,000 266,000 187,000 491,000 315,000 Vehicle Reserves Expenditures 589,920 601,835 0 302,414 0 633,862 81,076 63,670 285,184 914,216 0 Meter MTUs 0 200,000 206,000 212,000 218,000 225,000 232,000 239,000 246,000 253,000 261,000 Additional Capital Projects 3,084,111 0 0 0 0 0 0 0 0 0 0 -------------- -------------- --------- ------ -------- -------------- -------------- -------------- ------------- Total Annual CIP $4,289,331 $9,439,835 $8,809,000 $8,669,414 $8,606,000 $9,146,862 $8,220,076 $8,794,670 $8,146,184 $8,539,216 $7,984,000 Transfer to Capital Reserve $1,343,063 $0 $0 $0 $0 $0 $211,694 $0 $943,834 $925,000 $1,519,019 Total Capital Improvement Projects $5,632,394 $9,439,835 $8,809,000 $8,669,414 $8,606,000 $9,146,862 $8,431,770 $8,794,670 $9,090,018 $9,464,216 $9,503,019 Less:Outside Funding Sources Operating Cash Fund $42,474 $0 $0 $0 $0 $0 $0 $681,000 $0 $0 $0 Operating Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 Capital Improvement Reserve 0 1,838,000 940,302 1,017,000 620,428 963,000 0 0 0 0 0 Connection Fees 0 0 0 0 0 0 0 0 0 0 0 Vehicle Fund 589,920 601,835 0 302,414 0 633,862 81,076 63,670 285,184 914,216 0 Facility Fee Reserve 0 0 618,698 0 535,572 0 550,694 0 504,834 0 703,019 Assumed Debt Issuance/Proceeds 0 0 0 0 0 0 0 0 0 0 0 Low Interest Loans 0 0 0 0 0 0 0 0 0 0 0 Revenue Bonds 0 0 0 0 0 0 0 0 0 0 0 Total Funding Sources $632,394 $2,439,835 $1,559,000 $1,319,414 $1,156,000 $1,596,862 $631,770 $744,670 $790,018 $914,216 $703,019 Rate Funded Capital $5,000,000 $7,000,000 $7,250,000 $7,350,000 $7,450,000 $7,550,000 $7,800,000 $8,050,000 $8,300,000 $8,550,000 $8,800,000 08/27/2025 Page 9 of 36 Page 91 of 141 Truckee Donner PUD Water Utility Revenue Requirement Exhibit 4- Debt Service Pipeline COP Pipeline COP Pipeline COP 2022 Water Utility Rates FF Assmt COP Building Total Debt Payment Fiscal Total Date Year P&I P&I P&I P&I P&I 2024 $573,008 $359,233 $100,297 $952,250 $0 $1,984,788 2025 576,529 360,884 97,925 955,250 0 1,990,588 2026 573,196 359,005 99,736 952,500 0 1,984,437 2027 575,581 359,806 97,150 954,250 0 1,986,787 2028 574,322 358,474 99,142 955,250 960,000 2,947,188 2029 570,555 360,101 100,444 950,500 960,000 2,941,600 2030 575,893 359,147 97,360 950,250 960,000 2,942,650 2031 574,705 359,524 98,421 954,250 960,000 2,946,900 2032 573,333 357,313 100,104 952,250 960,000 2,943,000 2033 575,711 359,424 101,490 954,500 960,000 2,951,125 2034 574,484 359,309 97,207 950,750 960,000 2,941,750 2035 306,800 951,250 960,000 2,218,050 2036 954,850 960,000 1,914,850 2037 952,650 960,000 1,912,650 2038 954,850 960,000 1,914,850 2039 951,250 960,000 1,911,250 Total $6,317,317 $4,259,020 $1,089,276 $15,246,850 $11,520,000 $38,432,463 Notes 08/27/2025 Page 10 of 36 Page 92 of 141 Truckee Donner PUD Page 1 of 4 Water Utility Revenue Requirement Exhibit 5-Revenue at Present Rates Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Ott-24 Nov-24 Dec-24 Total Residential Meter Charge As of 11112024 5/8"x 3/4" $96.29 12,012 12,011 12,011 12,011 12,014 12,014 12,018 12,016 12,017 12,019 12,022 12,022 12,016 3/4" 96.29 870 870 870 871 880 886 892 897 900 900 909 910 888 V. 114.85 0 0 0 0 0 0 0 0 0 0 0 0 0 --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Number of Customers 12,882 12,881 12,881 12,882 12,894 12,900 12,910 12,913 12,917 12,919 12,931 12,932 12,904 Metered Residential by Zone(Number of Customer) Zone 1 4,117 4,117 4,117 4,118 4,125 4,127 4,129 4,127 4,130 4,130 4,131 4,132 4,125 Zone 2 2,705 2,704 2,704 2,704 2,706 2,707 2,709 2,709 2,709 2,711 2,716 2,716 2,708 Zone 3 1,802 1,802 1,802 1,802 1,803 1,804 1,806 1,808 1,808 1,808 1,811 1,811 1,806 Zone 4 2,479 2,479 2,479 2,479 2,481 2,481 2,483 2,487 2,487 2,487 2,489 2,489 2,483 Zone 5 1,419 1,419 1,419 1,419 1,419 1,421 1,422 1,421 1,422 1,422 1,422 1,422 1,421 Zone 6 199 199 199 199 199 199 199 199 199 199 199 199 199 Zone 7 165 165 165 165 165 165 166 166 166 166 166 166 166 --------------- --------------- --------------- --------------- --------------- -------------- --------- --------------- --------------- --------------- --------------- --------------- --------------- Total Number of Customers By Zone 12,886 12,885 12,885 12,886 12,898 12,904 12,914 12,917 12,921 12,923 12,934 12,935 12,907 Total Monthly Charge $1,240,408 $1,240,311 $1,240,311 $1,240,408 $1,241,563 $1,242,141 $1,243,104 $1,243,393 $1,243,778 $1,243,971 $1,245,126 $1,245,222 $14,909,736 Metered Consumption($/I,000gal) 88% 85% 'S/ 53% 76% 91% 0-8,000 gal(block 1) $1.26 31,283 28,722 27,799 29,750 22,052 44,662 54,798 52,336 43,483 41,594 44,638 25,475 446,593 8,000+gal(block 2) 1.78 4,266 5,069 5,295 0 3,891 16,519 48,595 69,376 53,146 36,885 14,096 2,519 259,657 --------------- --------------- --------------. --------------. --------------. --------------- --------------- --------------- --------------- --------------. ..... -------. --------------- --------------- Total Consumption 35,549 33,791 33,094 29,750 25,943 61,181 103,393 121,712 96,629 78,478 58,734 27,994 706,250 Total Consumption Charge $47,010 $45,213 $44,452 $37,484 $34,712 $85,678 $155,545 $189,433 $149,388 $118,063 $81,336 $36,583 $1,024,897 $56,758 $53,046 $50,947 $41,533 $40,498 $64,560 $135,277 $176,827 $147,938 $105,448 }.5b,b21 $44,253 $2,560 $9,143 $3,644 $552 $9,946 ($1,604) $28,303 $56,445 $56,659 $33,561 $4,874 $7,664 Additional Zone Charge($/1,000 gal) Zone 1 $0.00 12,245 14,337 12,812 11,735 11,613 28,116 49,952 61,327 50,142 41,371 32,031 11,557 337,240 Zone 2 0.96 7,346 6,977 6,528 6,039 5,568 14,978 24,780 28,150 22,227 18,026 13,178 6,399 160,195 Zone 3 1.91 4,720 3,738 4,092 3,811 3,020 6,171 9,344 10,839 8,449 6,798 4,844 2,752 68,578 Zone 4 2.86 6,608 4,623 5,399 4,625 3,318 7,224 11,493 12,664 9,257 7,214 4,644 3,932 80,999 Zone 5 3.81 3,507 3,281 3,187 2,698 1,914 3,694 6,027 6,606 4,995 3,961 3,200 2,402 45,472 Zone 6 4.77 583 458 544 439 276 465 820 942 652 489 442 690 6,802 Zone 7 5.72 540 378 532 403 234 532 978 1,184 907 618 396 262 6,964 --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Zone Charge Volume 35,549 33,791 33,094 29,750 25,943 61,181 103,393 121,712 96,629 78,478 58,734 27,994 706,250 Residential Zone Surcharges $54,198 $43,903 $47,302 $40,981 $30,551 $66,165 $106,973 $120,382 $91,280 $71,887 $51,747 $36,589 $761,958 Total Residential $1,341,616 $1,329,427 $1,332,066 $1,318,873 $1,306,827 $1,393,984 $1,505,622 $1,553,207 $1,484,446 $1,433,920 $1,378,208 $1,318,394 $16,696,591 08/27/2025 Page 11 of 36 Page 93 of 141 Truckee Donner PUD Page 2 of 4 Water Utility Revenue Requirement Exhibit 5-Revenue at Present Rates Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total Commercial qI Meter Charge As of 11112024 5/8"x 3/4" $96.29 0 0 0 0 0 0 0 0 0 0 0 0 0 3/4" 96.29 371 371 371 371 371 372 374 373 374 373 373 373 372 1" 114.85 199 199 199 199 199 199 200 202 202 202 202 202 200 11/2" 161.45 94 94 94 94 94 94 94 94 94 94 94 94 94 2" 221.97 80 80 80 80 80 80 80 80 79 79 79 79 80 3" 371.57 8 8 8 8 8 8 8 8 8 8 8 8 8 4" 531.65 11 11 11 11 11 11 11 11 11 11 11 11 11 6" 797.48 4 4 4 4 4 4 4 4 4 4 4 4 4 8" 996.84 0 0 0 0 0 0 0 0 0 0 0 0 0 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------- ---------- ---------------- ---------------- Total Number of Customers 767 767 767 767 767 768 771 772 772 771 771 771 769 Total Monthly Charge $103,523 $103,523 $103,523 $103,523 $103,523 $103,620 $103,927 $104,060 $103,935 $103,838 $103,838 $103,838 $1,244,673 Commercial Consumption $/1,000 gal $1.74 19,697 17,330 16,044 15,365 15,728 32,576 43,841 53,707 42,470 33,346 23,764 18,600 332,468 ---------------- ---------------- ---------------. ---------------. ---------------. ---------------- ---------------- ---------------- ---------------- ---------------. ---------------. ----------------Total Consumption Consumption 19,697 17,330 16,044 15,365 15,728 32,576 43,841 53,707 42,470 33,346 23,764 18,600 332,468 Water Consumption Charge $34,273 $30,154 $27,916 $26,735 $27,366 $56,682 $76,284 $93,450 $73,897 $58,022 $41,350 $32,364 $578,495 Additional Zone Charge($/1,000 gal) Zone 1 $0.00 12,762 14,238 13,566 13,089 13,704 26,782 34,777 43,097 34,249 28,291 20,034 11,605 266,193 Zone 2 0.96 1,920 2,059 1,968 1,769 1,580 2,433 3,038 3,933 3,342 2,597 2,538 1,967 29,145 Zone 3 1.91 49 68 46 43 86 504 800 901 701 486 279 58 4,022 Zone 4 2.86 865 407 321 348 297 2,755 5,078 5,600 4,064 1,891 495 704 22,824 Zone 5 3.81 4,077 534 120 97 42 81 116 151 92 64 398 4,250 10,024 Zone 6 4.77 4 3 3 2 1 2 4 5 3 0 1 1 29 Zone 7 5.72 19 19 19 17 16 20 29 19 18 18 19 17 231 Total Zone Charge Volume 19,697 17,330 16,044 15,365 15,728 32,576 43,841 53,707 42,470 33,346 23,764 18,600 332,468 Commercial Zone Surcharges $20,075 $5,432 $3,478 $3,255 $2,794 $11,605 $19,593 $22,223 $16,641 $9,177 $6,017 $20,300 $140,591 Total Commercial $157,872 $139,109 $134,918 $133,514 $133,684 $171,906 $199,803 $219,733 $194,473 $171,038 $151,206 $156,503 $1,963,759 08/27/2025 Page 12 of 36 Page 94 of 141 Truckee Donner PUD Page 3 of 4 Water Utility Revenue Requirement Exhibit 5-Revenue at Present Rates Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total Golf Courses Non-Potable Meter Charge($/Month) $531.65 9 9 9 9 9 9 9 9 9 9 9 9 9 --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- Total Number of Customers 9 9 9 9 9 9 9 9 9 9 9 9 9 Total Monthly Charge $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $4,785 $57,418 Non-Potable Consumption(gal) Consumption(Jan-May) $0.432 22 24 23 25 24 0 0 0 0 0 0 0 118 Consumption(Jun-Dec) 0.432 0 0 0 0 0 35,343 53,670 55,360 44,392 33,330 21,177 18 243,290 --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- Total Consumption 22 24 23 25 24 35,343 53,670 55,360 44,392 33,330 21,177 18 243,408 Water Consumption Charge $9 $10 $10 $11 $10 $15,268 $23,186 $23,915 $19,177 $14,399 $9,148 $8 $105,152 Total Golf Courses Non-Potable $4,794 $4,795 $4,795 $4,796 $4,795 $20,053 $27,970 $28,700 $23,962 $19,184 $13,933 $4,793 $162,570 08/27/2025 Page 13 of 36 Page 95 of 141 Truckee Donner PUD Page 4 of 4 Water Utility Revenue Requirement Exhibit 5-Revenue at Present Rates Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total Summary Customers Residential 12,882 12,881 12,881 12,882 12,894 12,900 12,910 12,913 12,917 12,919 12,931 12,932 12,904 Commercial 767 767 767 767 767 768 771 772 772 771 771 771 769 Golf Courses Non-Potable 9 9 9 9 9 9 9 9 9 9 9 9 9 ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ Total Number of Customers 13,658 13,657 13,657 13,658 13,670 13,677 13,690 13,694 13,698 13,699 13,711 13,712 13,682 Consumption Residential 35,549 33,791 33,094 29,750 25,943 61,181 103,393 121,712 96,629 78,478 58,734 27,994 706,250 Commercial 19,697 17,330 16,044 15,365 15,728 32,576 43,841 53,707 42,470 33,346 23,764 18,600 332,468 Golf Courses Non-Potable 22 24 23 25 24 35,343 53,670 55,360 44,392 33,330 21,177 18 243,408 ------------- ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ----------- Total Consumption 55,268 51,145 49,161 45,140 41,695 129,100 200,905 230,779 183,491 145,155 103,676 46,612 1,282,126 Revenues Meter Charge $1,348,716 $1,348,620 $1,348,620 $1,348,716 $1,349,871 $1,350,545 $1,351,816 $1,352,238 $1,352,498 $1,352,594 $1,353,749 $1,353,846 $16,211,828 Consumption Charge 81,293 75,376 72,379 64,231 62,089 157,628 255,014 306,798 242,463 190,484 131,834 68,955 1,708,544 Additional Zone Charge 74,273 49,335 50,780 44,236 33,346 77,769 126,566 142,605 107,921 81,064 57,764 56,889 902,549 ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ - $1,504,282 $1,473,331 $1,471,779 $1,457,183 $1,445,306 $1,585,943 $1,733,396 $1,801,641 $1,702,881 $1,624,142 $1,543,348 $1,479,689 $18,822,921 FY 2024 Actuals- Difference $18,822,921 Percent #DIV/0! FY 2025 Budget $20,195,800 Difference ($1,372,879) Percent -6.8% 08/27/2025 Page 14 of 36 Page 96 of 141 Truckee Donner PUD Page 1 of 4 Customer Data Projection Revenue Requirement Exhibit 6-Customer Data Input Projected As of 1/1/2024 As of 1/1/2025 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2032 FY 2032 FY 2033 FY 2034 FY 2035 Notes Residential s Meter Charge 5/8"x 3/4" $96.29 $103.03 12,016 12,088 12,161 12,234 12,307 12,381 12,455 12,530 12,605 12,681 12,757 12,834 As Customer Growth 3/4" 96.29 103.03 888 893 898 903 908 913 918 924 930 936 942 948 As Customer Growth 1" 114.85 122.89 0 0 0 0 0 0 0 0 0 0 0 0 As Customer Growth ----------- ----------- ----------- ----------- ----------- ----------- ----------- -------- ----------- ----------- ----------- ----------- Total Residential Cust. 12,904 12,981 13,059 13,137 13,215 13,294 13,373 13,454 13,535 13,617 13,699 13,782 Monthly Charge Revenue $14,909,736 $16,049,189 $16,145,625 $16,242,061 $16,338,497 $16,436,170 $16,533,842 $16,633,987 $16,734,133 $16,835,514 $16,936,996 $17,039,514 Metered Consumption($/1,000 gal) 0-8,000 gal(block 1) $1.26 $1.34 446,593 446,593 446,593 442,127 437,706 433,329 428,996 424,706 420,459 416,254 412,091 407,970 As Consumption Growth 8,000+gal(block 2) 1.78 1.91 259,657 259,657 259,657 257,060 254,489 251,944 249,425 246,931 244,462 242,017 239,597 237,201 As Consumption Growth ______________ ______________ ______________ ______________ ______________ ______________ ______________ ----------- ______________ ______________ ______ ______________ Total Consumption 706,250 706,250 706,250 699,187 692,195 685,273 678,421 671,637 664,921 659,271 651,688 645,171 Consumption Charge Revenue $1,024,897 $1,094,379 $1,094,379 $1,083,435 $1,072,600 $1,061,874 $1,051,256 $1,040,744 $1,030,337 $1,020,033 $1,009,832 $999,734 Additional Zone Charge($/1,000 gal) Zone 1 $0.00 $0.00 337,240 337,240 337,240 333,868 330,529 327,224 323,952 320,712 317,505 314,330 311,187 308,075 As Consumption Growth Zone 2 0.96 1.03 160,195 160,195 160,195 158,593 157,007 155,437 153,883 152,344 150,821 149,313 147,820 146,342 As Consumption Growth Zone 3 1.91 2.04 68,578 68,578 68,578 67,892 67,213 66,541 65,876 65,217 64,565 63,919 63,280 62,647 As Consumption Growth Zone 2.86 3.06 80,999 80,999 80,999 80,189 79,387 78,593 77,807 77,029 76,259 75,496 74,741 73,994 As Consumption Growth Zone 5 3.81 4.08 45,472 45,472 45,472 45,017 44,567 44,121 43,680 43,243 42,811 42,383 41,959 41,539 As Consumption Growth Zone 6 4.77 5.10 6,802 6,802 6,802 6,734 6,667 6,600 6,534 6,469 6,404 6,340 6,277 6,214 As Consumption Growth Zone 7 5.72 6.12 6,964 6,964 6,964 6,894 6,825 6,757 6,689 6,622 6,556 6,490 6,425 6,361 As Consumption Growth ______________ ______________ ______________ ______________ ______________ ______________ ______________ ______________ ______________ ______________ _________- ______________ Total Zone Charge Volume 706,250 706,250 706,250 699,187 692,195 685,273 678,421 671,636 664,921 658,271 651,689 645,172 Additional Zone Charge Revenue $761,958 $815,593 $815,593 $807,433 $799,360 $791,365 $783,450 $775,616 $767,863 $760,180 $752,580 $745,054 Total Residential Revenue $16,696,591 $17,959,161 $18,055,597 $18,132,929 $18,210,457 $18,289,409 $18,368,549 $18,450,347 $18,532,333 $18,615,727 $18,699,308 $18,784,301 08/27/2025 Page 15 of 36 Page 97 of 141 Truckee Donner PUD Page 2 of 4 Customer Data Projection Revenue Requirement Exhibit 6-Customer Data Input Projected As of 1/1/2024 As of 1/1/2025 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2032 FY 2032 FY 2033 FY 2034 FY 2035 Notes Commercial Meter Charge 5/8"x 3/4" $96.29 $103.03 0 0 0 0 0 0 0 0 0 0 0 0 As Customer Growth 3/4" 96.29 103.03 372 374 376 378 380 382 384 386 388 390 392 394 As Customer Growth 1" 114.85 122.89 200 202 203 204 205 206 207 208 209 210 211 212 As Customer Growth 11/2" 161.45 172.75 94 95 96 97 98 99 100 101 102 103 104 105 As Customer Growth 2" 221.97 237.50 80 80 80 80 80 80 80 80 80 80 80 80 As Customer Growth 3" 371.57 397.58 8 8 8 8 8 8 8 8 8 8 8 8 As Customer Growth 4" 531.65 568.87 11 11 11 11 11 11 11 11 11 11 11 11 As Customer Growth 6" 797.48 853.30 4 4 4 4 4 4 4 4 4 4 4 4 As Customer Growth 8" 996.84 1,066.62 0 0 0 0 0 0 0 0 0 0 0 0 As Customer Growth ----------- ----------- ----------- ----------- ----------- --------- ----------- ----------- ----------- ----------- ----------- ----------- Total Commercial Cust. 769 774 778 782 786 790 794 798 802 806 810 814 Meter Charge Revenue $1,244,673 $1,339,436 $1,345,456 $1,351,477 $1,357,497 $1,363,518 $1,369,538 $1,375,558 $1,381,579 $1,387,599 $1,393,620 $1,399,640 Commercial Consumption $/1,000gal $1.74 $1.86 332,468 332,468 332,468 329,143 325,852 322,593 319,367 316,173 313,011 309,881 306,782 303,714 As Consumption Growth ------------- ------------- ------------- ------------- ------------- --------- ------------- ------------- ------------- ------------- ------------- ------------- Total Consumption 332,468 332,469 332,468 329,143 325,852 322,593 319,367 316,173 313,011 309,881 306,782 303,714 Consumption Charge Revenue $578,495 $618,390 $618,390 $612,206 $606,085 $600,023 $594,023 $598,082 $582,200 $576,379 $570,615 $564,908 Additional Zone Charge($/1,000 gal) Zone 1 $0.00 $0.00 266,193 266,193 266,193 263,531 260,896 258,287 255,704 253,147 250,616 248,110 245,629 243,173 As Consumption Growth Zone 2 0.96 1.03 29,145 29,145 29,145 28,854 28,565 28,279 27,996 27,716 27,439 27,165 26,893 26,624 As Consumption Growth Zone 3 1.91 2.04 4,022 4,022 4,022 3,982 3,942 3,903 3,864 3,825 3,787 3,749 3,712 3,675 As Consumption Growth Zone 2.86 3.06 22,824 22,824 22,824 22,596 22,370 22,146 21,925 21,706 21,489 21,274 21,061 20,850 As Consumption Growth Zone 5 3.81 4.08 10,024 10,024 10,024 9,924 9,825 9,727 9,630 9,534 9,439 9,345 9,252 9,159 As Consumption Growth Zone 6 4.77 5.10 29 29 29 29 29 29 29 29 29 29 29 29 As Consumption Growth Zone 7 5.72 6.12 231 231 231 229 227 225 223 221 219 217 215 213 As Consumption Growth _____________ _____________ -------- _____________ _____________ _____________ --------_--- _____________ _____________ _____________ _____________ ____________ Total Zone Charge Volume 332,468 332,468 332,468 329,145 325,854 322,596 319,371 316,178 313,018 309,989 306,791 303,723 Additional Zone Charge Revenue $140,591 $150,525 $150,525 $149,026 $147,539 $146,067 $144,612 $143,170 $141,743 $140,330 $138,931 $137,541 Total Commercial Revenue $1,963,759 $2,108,352 $2,114,372 $2,112,709 $2,111,121 $2,109,608 $2,108,173 $2,106,810 $2,105,522 $2,104,308 $2,103,165 $2,102,089 08/27/2025 Page 16 of 36 Page 98 of 141 Truckee Donner PUD Page 3 of 4 Customer Data Projection Revenue Requirement Exhibit 6-Customer Data Input Projected As of 1/1/2024 As of 1/1/2025 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2032 FY 2032 FY 2033 FY 2034 FY 2035 Notes Golf Courses Non-Potable - Meter Charge($/Month) $531.65 $531.65 9 9 9 9 9 9 9 9 9 9 9 9 As Flat ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Total Number of Customers 9 9 9 9 9 9 9 9 9 9 9 9 Total Monthly Charge $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 $57,418 Non-Potable Consumption(gal) Consumption(Jan-May) $0.432 $0.438 118 118 118 117 116 115 114 113 112 111 110 109 As Consumption Growth Consumption(Jun-Dec) 0.432 0.438 243,290 243,290 243,290 240,857 238,448 236,064 233,703 231,366 229,052 226,761 224,493 222,248 As Consumption Growth _____________ _____________ _____________ _____________ _____________ _____________ ----------- _____________ _____________ _____________ _____________ _____________ Total Consumption 243,409 243,408 243,408 240,974 238,564 236,179 233,817 231,479 229,164 226,872 224,603 222,357 Water Consumption Charge $105,152 $106,613 $106,613 $105,547 $104,491 $103,446 $102,412 $101,388 $100,374 $99,370 $98,376 $97,392 Total Golf Courses Non-Potable $162,570 $164,031 $164,031 $162,965 $161,909 $160,865 $159,830 $158,806 $157,792 $156,788 $155,794 $154,811 08/27/2025 Page 17 of 36 Page 99 of 141 Truckee Donner PUD Page 4 of 4 Customer Data Projection Revenue Requirement Exhibit 6-Customer Data Input Projected As of 1/1/2024 As of 1/1/2025 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2032 FY 2032 FY 2033 FY 2034 FY 2035 Notes Calculated Water Rate Revenue _MIw IL Meter Charge Residential $14,909,736 $16,049,189 $16,145,625 $16,242,061 $16,338,497 $16,436,170 $16,533,842 $16,633,987 $16,734,133 $16,835,514 $16,936,896 $17,039,514 Commercial 1,244,673 1,339,436 1,345,456 1,351,477 1,357,497 1,363,518 1,369,538 1,375,558 1,381,579 1,387,599 1,393,620 1,399,640 Golf Courses Non-Potable 57,418 57,418 57,418 57,418 57,418 57,418 57,418 57,418 57,418 57,418 57,418 57,418 $16,211,828 $17,446,043 $17,548,500 $17,650,956 $17,753,413 $17,857,106 $17,960,798 $18,066,964 $18,173,130 $18,280,531 $18,387,933 $18,496,572 Consumption Charge Residential $1,024,897 $1,094,379 $1,094,379 $1,083,435 $1,072,600 $1,061,874 $1,051,256 $1,040,744 $1,030,337 $1,020,033 $1,009,832 $999,734 Commercial 578,495 618,390 618,390 612,206 606,085 600,023 594,023 588,082 582,200 576,379 570,615 564,908 Golf Courses Non-Potable 105,152 106,613 106,613 105,547 104,491 303,446 102,412 101,388 100,374 99,370 98,376 97,392 $1,708,544 $1,819,383 $1,819,383 $1,801,187 $1,783,176 $1,765,343 $1,747,691 $1,730,214 $1,712,912 $1,695,781 $1,678,823 $1,662,034 Total Revenue Less Zone Charges Residential $15,934,633 $17,143,569 $17,240,005 $17,325,496 $17,411,097 $17,498,044 $17,585,099 $17,674,732 $17,764,470 $17,855,547 $17,946,728 $18,039,247 Commercial 1,823,168 1,957,826 1,963,847 1,963,683 1,963,582 1,963,541 1,963,561 1,963,640 1,963,779 1,963,978 1,964,234 1,964,548 Golf Courses Non-Potable 162,570 164,031 164,031 162,965 161,909 160,865 159,830 158,806 157,792 156,788 155,794 154,811 $17,920,372 $19,265,426 $19,367,882 $19,452,144 $19,536,589 $19,622,449 $19,708,489 $19,797,178 $19,886,041 $19,976,313 $20,066,756 $20,158,606 Total Zone Charge Revenue $902,549 $966,118 $966,118 $956,459 $946,899 $937,432 $928,062 $918,786 $909,606 $900,510 $891,510 $882,595 Total Revenue $18,822,921 $20,231,544 $20,334,000 $20,408,602 $20,483,487 $20,559,881 $20,636,552 $20,715,963 $20,795,647 $20,876,823 $20,958,267 $21,041,200 08/27/2025 Page 18 of 36 Page 100 of 141 Truckee Donner PUD Water Utility Development of Distribution Factors Exhibit 7-Commodity&Capacity Commodity Capacity Capacity-Equiv.Meters Water 25.0% Water %of Peaking Peak Day Average Daily %of Equiv. %of (kgal) Losses[�] Flow(MGD) Total FactorIZi Use(MGD) Use(MGD) Total Meters Total Residential Tier 1 446,593 111,648 1.53 43.09/c 1.47 2.25 1.53 30.8% 13,059 92.3% Tier 2 259,657 64,914 0.89 25.0% 3.21 2.85 0.89 39.0% 0.00 0.0% Commercial 332,468 83,117 1.14 32.0% 1.94 2.21 1.14 30.2% 1,088 7.7% -------------- ----------- ---------- ----------- -------- --------- -------- ---------- ---------- ---------- Total 1,038,718 259,680 3.56 100.0% 2.06 7.31 3.56 100.0% 14,147 100.0% Actual Production[31 3.79 Actual Peak[41 7.31 Distribution Factor (COM) (CAP-1) (CAP-2) Notes [1] Estimated [2] Ratio of average month to peak month [3] 2024 TDPUD Potable Production(W18 Excel Water Production.xlsx) [4] 2024 TDPUD Max Day Production(W19 Max Day Production.xlsx) 08/27/2025 Page 19 of 36 Page 101 of 141 Truckee Donner PUD Water Utility Development of Distribution Factors Exhibit 8-Customer Actual Customer Customer Service&Accounting Meters&Services Number of %of Weighting Weighted %of Equiv. %of Billing Units Total Factor Customer Total Meters Total Residential 13,059 94.4% 1.00 13,059 94.4% 13,059 92.3% Commercial 778 5.6% 1.00 778 5.6% 1,088 7.7% ---------- ---------- ---------- ---------- ---------- ---------- Total 13,837 100.0% 13,837 100.0% 14,147 100.0% Distribution Factor (AC) (WCA) (WCMS) 08/27/2025 Page 20 of 36 Page 102 of 141 Truckee Donner PUD Water Utility Development of Distribution Factors Exhibit 9-Fire Protection and Revenue Alloc Fire Protection Revenue Related Fire Prot. Total PFP FY 2026 Number of Requirmt's Duration Requirements %of Revenue at %of Accounts (gals/min)"" (minutes)133 (1,000 g/min) Total Present Rates Total Residential 13,059 1,000 120 1,567,080 84.8% $17,240,005 89.8% Commercial 778 2,000 180 280,080 15.2% 1,963,847 10.2% ---------- -------------- ---------- ---------------- ----------- 13,837 1,847,160 100.0% $19,203,852 100.0% Distribution Factor (FP) (RR) Notes [1] Based on industry standard fire protection requirements 08/27/2025 Page 21 of 36 Page 103 of 141 Truckee Donner PUD Water Utility Development of Distribution Factors Exhibit 10-Distribution Main Analysis Distribution Storage Distribution Main Analysis Installed hrs gpm Total Main Size Length(ft)121 Replcmt$131 Total Fire Flow Requirements 3 2,000 720,000 (a) 0.75'-2" 12,251 $529.17 $6,483,104 2.5'-3" 2,355 551.63 1,298,956 Storage Capacity l 12,000,000 (b) 4" 40,712 564.87 22,997,038 6" 368,855 632.79 233,407,996 Public Fire Protection 6.0% (FP) 8" 476,009 648.75 308,810,990 (a)/(b)=FP% 10" 67,114 734.66 49,305,937 12" 115,209 738.51 85,082,829 Capacity 94.0% (CAP) 14" 32,189 798.66 25,707,776 1-FP%=CAP 16" 49,553 843.58 41,802,094 18" 3,026 888.49 2,688,504 20" 4,456 933.41 4,159,218 24" 30,330 1,023.24 31,034,912 30" 0 0.00 0 36" 0 0.00 0 42" 0 0.00 0 ------------ ----------------- 2"-12"Total 1,082,506 $707,386,850 (e) Source of Supply Capacity/Commodity Customer% Average Day 3.56 (c) 49.0% (COM) (f)Total @ 2"Equivalent Cost 572,830,586 (c)/(d)=COM% (f)/(e)=Cust.% 81.0% (AC) Peak Day 7.31 (d) 51.0% (CAP) Capacity 1-((c)/(d))=CAP% (g)Cost for 2"-6" $264,187,094 (h)8"-12"@ Equivalent 6"Cost 416,585,879 (g+h-f)/(e)=CAP% 15.3% (CAP) Fire Protection 1-CUST.%-CAP%=FP% 3.7% (FP) Notes [1]-W11 Water Tank Inventory.xlsx [2]-W12 Pipe Inventory GIS Total-MC Edits 06-09-2020.xlsx [3]-Table 13-14 Page 20 of TDPUD Water Infrastructure CIP Development Final from Farr West Engineering 08/27/2025 Page 22 of 36 Page 104 of 141 Truckee Donner PUD Page 1 of 2 Water Utility Functionalization and Allocation Exhibit 11-Plant In Service Customer Related Weighted for: Total Capacity- Actual Customer Meters& Revenue Fire Direct Pump Plant Commodity Capacity Equiv.Meters Customer Acct/Svcs Svcs Related Protection Assign. Zones 2024 Rplmt (COM) (CAP-1) (C4P-2) (AC) (WCA) (WCMS) (RR) (FP) (DA) (PZ) Basis of Classification Plant In Service Land and Buildings Land&Land Rights $609,266 $298,540 $310,726 $0 $0 $0 $0 $0 $0 $0 $0 49%(COM)/51%(CAP-1) Intangible Assets Easment Land 600,592 294,290 306,302 0 0 0 0 0 0 0 0 49%(COM)/51%(CAP-1) Land&Land Rights 7,631 3,739 3,892 0 0 0 0 0 0 0 0 49%(COM)/51%(CAP-1) Structures&Improvements 5,033,795 2,466,559 2,567,235 0 0 0 0 0 0 0 0 49%(COM)/51%(CAP-1) ------------------ ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Land and Buildings $6,251,284 $3,063,129 $3,188,155 $0 $0 $0 $0 $0 $0 $0 $0 Source of Supply Wells&Springs $6,078,865 $2,978,644 $3,100,221 $0 $0 $0 $0 $0 $0 $0 $0 49%(COM)/51%(CAP-1) -------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Source of Supply $6,078,865 $2,978,644 $3,100,221 $0 $0 $0 $0 $0 $0 $0 $0 Water Treatment Water Treatment Equipment $611,120 $299,449 $311,671 $0 $0 $0 $0 $0 $0 $0 $0 49%(COM)/51%(CAP-1) -------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Water Treatment $611,120 $299,449 $311,671 $0 $0 $0 $0 $0 $0 $0 $0 Transmission&Distribution Pumping Equipment $4,680,453 $0 $0 $0 $0 $0 $0 $0 $0 $0 $4,680,453 100%(PZ) Water Transmission&Distribution Lines 77,708,793 0 25,410,775 0 0 0 48,179,452 0 4,118,566 0 0 33%(CAP-1)/62%(WCMS)/5%(FP) -------------- ---------------- ---------------- ---------------- ---------------- ............. --- ---------------- ---------------- ---------------- ---------------- ---------------- Total Transmission&Distribution $82,389,246 $0 $25,410,775 $0 $0 $0 $48,179,452 $0 $4,118,566 $0 $4,680,453 Storage Reservoirs&Tanks $6,493,801 $0 $6,104,173 $0 $0 $0 $0 $0 $389,628 $0 $0 94%(CAP-1)/6%(FP) -------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------- ----- --------------- ---------------- ---------------- ---------------- Total Storage $6,493,801 $0 $6,104,173 $0 $0 $0 $0 $0 $389,628 $0 $0 Meters,Valves and Misc. Water Services $15,514,718 $0 $0 $0 $0 $0 $15,514,718 $0 $0 $0 $0 100%(WCMS) Water Meters 7,373,176 0 0 0 0 0 7,373,176 0 0 0 0 100%(WCMS) Backflow Devices 1,476 0 0 0 0 0 1,476 0 0 0 0 100%(WCMS) TfrWOatYE 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Fire Hydrants 4,377,755 0 0 0 0 0 0 0 4,377,755 0 0 100%(FP) Telemetry System 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Scada System Water 7,734,333 0 0 0 0 0 7,734,333 0 0 0 0 100%(WCMS) GIS Mapping Hardware 32,967 0 0 0 0 0 32,967 0 0 0 0 100%(WCMS) GIS Mapping Software 198,244 0 0 0 0 0 198,244 0 0 0 0 100%(WCMS) GIS Mapping Data 410,993 0 0 0 0 0 410,993 0 0 0 0 100%(WCMS) Hirshdale Deferred Plant Payments 57,876 0 0 0 0 0 57,876 0 0 0 0 100%(WCMS) -------------- ............. --- ---------------- ---------------- ---------------- ............. --- ---------------- ---------------- ---------------- ---------------- ---------------- Total Meters,Valves and Misc. $35,701,538 $0 $0 $0 $0 $0 $31,323,782 $0 $4,377,755 $0 $0 08/27/2025 Page 23 of 36 Page 105 of 141 Truckee Donner PUD Page 2 of 2 Water Utility Functionalization and Allocation Exhibit 11-Plant In Service Customer Related Weighted for: Total Capacity- Actual Customer Meters& Revenue Fire Direct Pump Plant Commodity Capacity Equiv.Meters Customer Acct/Svcs Svcs Related Protection Assign. Zones 2024 Rplmt (COM) (CAP-1) (C4P-2) (AC) (WCA) (WCMS) (RR) (FP) (DA) (PZ) Basis of Classification Plant Before General $137,525,854 $6,341,222 $38,114,996 $0 $0 $0 $79,503,234 $0 $8,885,949 $0 $4,680,453 Percent Plant Before General 100.0% 4.6% 27.7% 0.0% 0.0% 0.0% 57.8% 0.0% 6.5% 0.0% 3.4% Percent Plant Before General w/o PZ DA 100.0% 4.8% 28.7% 0.0% 0.0% 0.0% 59.8% 0.0% 6.7% 0.0% 0.0% G&A Equipment Structures&Improvements Hq bld $868,050 $41,435 $249,054 $0 $0 $0 $519,497 $0 $58,063 $0 $0 as Plant Before General Plant-PZ Office Furniture&Equipment E/W 22,927 1,094 6,578 0 0 0 13,721 0 1,534 0 0 as Plant Before General Plant-PZ Transportation Equipment 2,825,255 134,860 810,601 0 0 0 1,690,814 0 188,980 0 0 as Plant Before General Plant-PZ Tools,Shop&Garage Equipment 175,272 8,366 50,288 0 0 0 104,894 0 11,724 0 0 as Plant Before General Plant-PZ Laboratory Equipment 9,862 9,862 0 0 0 0 0 0 0 0 0 100%(COM) Water Power Operated Equipment 0 0 0 0 0 0 0 0 0 0 0 as Plant Before General Plant-PZ Communication Equipment 794,669 37,933 228,001 0 0 0 475,581 0 53,155 0 0 as Plant Before General Plant-PZ Misc Equipment 381,952 18,232 109,587 0 0 0 228,585 0 25,549 0 0 as Plant Before General Plant-PZ Water Computer Equipment 100,199 4,783 28,748 0 0 0 59,966 0 6,702 0 0 as Plant Before General Plant-PZ SCADA System E/W 219,946 10,499 63,105 0 0 0 131,630 0 14,712 0 0 as Plant Before General Plant-PZ Intangible Asset Software E/W 147,568 7,044 42,339 0 0 0 88,314 0 9,871 0 0 as Plant Before General Plant-PZ Elec Trans Equip E/W 150,773 7,197 43,259 0 0 0 90,232 0 10,085 0 0 as Plant Before General Plant-PZ Tools Shop&Garage Equipment E/W 44,981 2,147 12,905 0 0 0 26,919 0 3,009 0 0 as Plant Before General Plant-PZ Elec Comm Equip E/W 419,287 20,014 120,299 0 0 0 250,929 0 28,046 0 0 as Plant Before General Plant-PZ Elec Misc Equip E/W 59,607 2,845 17,102 0 0 0 35,673 0 3,987 0 0 as Plant Before General Plant-PZ Computer Equipment E/W 1,066,270 50,897 305,926 0 0 0 638,125 0 71,322 0 0 as Plant Before General Plant-PZ -------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- --------------- ---------------- ---------------- ---------------- Total G&A Equipment $7,286,618 $357,210 $2,087,792 $0 $0 $0 $4,354,879 $0 $486,738 $0 $0 Total Plant $144,812,471 $6,698,431 $40,202,787 $0 $0 $0 $83,858,113 $0 $9,372,687 $0 $4,680,453 Plus:Capital Works in Progresss CWIP-Water $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 as Plant in Service CWIP Year End Accrued Inventory 0 0 0 0 0 0 0 0 0 0 0 as Plant in Service RWIP-Water 0 0 0 0 0 0 0 0 0 0 0 as Plant in Service WO Tfr at YE 0 0 0 0 0 0 0 0 0 0 0 as Plant in Service -------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Plus:Capital Works in Progresss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Depreciation $74,416,913 $3,442,221 $20,659,597 $0 $0 $0 $43,093,401 $0 $4,816,481 $0 $2,405,213 as Plant in Service Net Plant in Service $70,395,558 $3,256,210 $19,543,190 $0 $0 $0 $40,764,712 $0 $4,556,207 $0 $2,275,240 08/27/2025 Page 24 of 36 Page 106 of 141 Truckee Donner PUD Page 1 of 3 Water Utility Functionalization and Allocation Exhibit 12-Revenue Requirement Customer Related Weighted for: Total Capacity- Actual Customer Meters& Revenue Fire Direct Pump Expenses Commodity Capacity Equiv.Meters Customer Acct/Svcs Svcs Related Protection Assign. Zones FY 2026 (COM) (CAP-1) (CAP-2) (AC) (WCA) (WCMS) (RR) (FP) (DA) (PZ) Basis of Classification Expenses Board of Directors $281,883 $0 $0 $0 $0 $0 $281,883 $0 $0 $0 $0 100%(WCMS) General Manager Admin&Ops General Exp $787,996 $0 $0 $0 $0 $0 $787,996 $0 $0 $0 $0 100%(WCMS) Public Information 160,193 0 0 0 0 0 160,193 0 0 0 0 100%(WCMS) Legislature&Regulations 90,974 0 0 0 0 0 90,974 0 0 0 0 100%(WCMS) Office Supplies&Expenses 108,202 0 0 0 0 0 108,202 0 0 0 0 100%(WCMS) Outside Service Employed 173,445 0 0 0 0 0 173,445 0 0 0 0 100%(WCMS) Injuries&Damages 436,904 0 0 0 0 0 436,904 0 0 0 0 100%(WCMS) General Advertising 82,034 0 0 0 0 0 82,034 0 0 0 0 100%(WCMS) Misc General Expense 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) ________________ ____________ ________ _______- ________ _________ __-----_-----___ ________- ________ _______- ______________ Total General Manager $1,839,749 $0 $0 $0 $0 $0 $1,839,749 $0 $0 $0 $0 Administrative Services Customer Accounts Supervision $188,901 $0 $0 $0 $0 $0 $188,901 $0 $0 $0 $0 100%(WCMS) Meter Reading Expenses 1,195 0 0 0 0 0 1,195 0 0 0 0 100%(WCMS) Customer Records&Collections 657,114 0 0 0 0 0 657,114 0 0 0 0 100%(WCMS) Cust Rec&Coll Meter Reader 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Provision for Bad Debts 7,957 0 0 0 0 0 7,957 0 0 0 0 100%(WCMS) Admin and General Expenses 623,356 0 0 0 0 0 623,356 0 0 0 0 100%(WCMS) Office Supplies&Expenses 93,196 0 0 0 0 0 93,196 0 0 0 0 100%(WCMS) Outside Services Employed 44,154 0 0 0 0 0 44,154 0 0 0 0 100%(WCMS) Insurance Expense 233,166 0 0 0 0 0 233,166 0 0 0 0 100%(WCMS) Injuries&Damages 32,659 0 0 0 0 0 32,659 0 0 0 0 100%(WCMS) ___ ____ __-----_-------_ _________ ________ _______- ______________ Total Administrative Services $1,881,699 $0 $0 $0 $0 $0 $1,881,699 $0 $0 $0 $0 Conservation Water Conservation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 100%(WCMS) PBD:Residential 95,935 0 0 0 0 0 95,935 0 0 0 0 100%(WCMS) PBC:Commercial 48,996 0 0 0 0 0 48,996 0 0 0 0 100%(WCMS) PBC:Education&Outreach 7,824 0 0 0 0 0 7,824 0 0 0 0 100%(WCMS) Admin&Ops General 3,116 0 0 0 0 0 3,116 0 0 0 0 100%(WCMS) Office Supplies&Expenses 5,072 0 0 0 0 0 5,072 0 0 0 0 100%(WCMS) IT/GIS 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Injuries&Damages 313 0 0 0 0 0 313 0 0 0 0 100%(WCMS) General Advertising 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Misc General Expense 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) ____ _ _ _ ________________ ________________ ________________ _______________ _______- ____ _ __ _______- ________ _______- ______________ Total Conservation $161,257 $0 $0 $0 $0 $0 $161,257 $0 $0 $0 $0 08/27/2025 Page 25 of 36 Page 107 of 141 Truckee Donner PUD Page 2 of 3 Water Utility Functionalization and Allocation Exhibit 12-Revenue Requirement Customer Related Weighted for: Total Capacity- Actual Customer Meters& Revenue Fire Direct Pump Expenses Commodity Capacity Equiv.Meters Customer Acct/Svcs Svcs Related Protection Assign. Zones FY 2026 (COM) (CAP-1) (CAP-2) (AC) (WCA) (WCMS) (RR) (FP) (DA) (PZ) Basis of Classification Water Operations Ops Supervision&Engineering $712,552 $0 $0 $0 50 $0 $712,552 $0 $0 $0 $0 100%(WCMS) Construction Engineering 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Facilites Operations 1,898,870 90,640 544,809 0 0 0 1,136,406 0 127,014 0 0 as Plant Before General Plant-PZ Power Supply 2,022,951 1,294,689 0 0 0 0 0 0 0 0 728,262 64%(COM)/36%(PZ) Distribution Operations 2,449,033 565,996 222,590 0 0 0 1,311,012 0 51,893 0 297,542 As All Other Water Operations Meters/Services Operations 501,978 0 0 0 0 0 501,978 0 0 0 0 as Meters Misc.General Expense 734,193 0 0 0 0 0 734,193 0 0 0 0 100%(WCMS) Injuries&Damages 123,699 0 0 0 0 0 123,699 0 0 0 0 100%(WCMS) ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- -------------- ---------------- Total Water Operations $8,443,277 $1,451,325 $-767,399 $0 $0 $0 $4,519,841 $0 $178,908 $0 $1,025,804 IT/GIS Engineering/SCADA Ops $184,053 $0 $0 $0 $0 $0 $184,053 $0 $0 $0 $0 100%(WCMS) Misc General Expense 128,365 0 0 0 0 0 128,365 0 0 0 0 100%(WCMS) Meter Reading 57,281 0 0 0 0 0 57,281 0 0 0 0 100%(WCMS) Customer Records 143,051 0 0 0 0 0 143,051 0 0 0 0 100%(WCMS) Administrative&General IT Ops 531,080 0 0 0 0 0 531,080 0 0 0 0 100%(WCMS) Office Supplies&Expenses 21,388 0 0 0 0 0 21,388 0 0 0 0 100%(WCMS) Outside Services Employed 26,651 0 0 0 0 0 26,651 0 0 0 0 100%(WCMS) Injuries&Damages 23,468 0 0 0 0 0 23,468 0 0 0 0 100%(WCMS) ________________ ________________ ________________ ________________ ________________ ________________ __ ________________ ________________ ________________ ________________ Total lT/GIS $1,115,337 $0 $0 $0 $0 $0 $1,115,337 $0 $0 $0 $0 Interdepartmental Rent $643,090 $0 $0 $0 $0 $0 $643,090 $0 $0 $0 $0 100%(WCMS) Total Expenses $14,366,292 $1,951,325 $767,399 $0 $0 $0 $10,442,856 $0 $178,908 $0 $1,025,804 Additional Expenditures $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 100%(WCMS) Total Operations&Maintenance Expense $14,366,292 $1,951,325 $767,399 $0 $0 $0 $10,442,856 $0 $178,908 $0 $1,025,804 08/27/2025 Page 26 of 36 Page 108 of 141 Truckee Donner PUD Page 3 of 3 Water Utility Functionalization and Allocation Exhibit 12-Revenue Requirement Customer Related Weighted far: Total Capacity- Actual Customer Meters& Revenue Fire Direct Pump Expenses Commodity Capacity Equiv.Meters Customer Acct/Svcs Svcs Related Protection Assign. Zones FY 2026 (COM) (CAP-1) (CAP-2) (AC) (WCA) (WCMS) (RR) (FP) (DA) (PZ) Basis of Classification Rate Funded Capital $7,000,000 $0 $0 $0 $0 $0 $7,000,000 $0 So $0 $0 100%(WCMS) Debt Service Pipeline COP Rates $573,196 $0 $0 $0 $0 $0 $573,196 $0 $0 $0 $0 100%(WCMS) Pipeline COP FF 359,005 0 0 0 0 0 359,005 0 0 0 0 100%(WCMS) Pipeline COP Assmt 99,736 0 0 0 0 0 99,736 0 0 0 0 100%(WCMS) 2022 Water COP 952,500 0 0 0 0 0 952,500 0 0 0 0 100%(WCMS) New Low Interest Loan 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) New Revenue Bond 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) _______ _______ ________ __________ ________ _________ ____ ________ ______ ________ _________ Total Debt Service $1,984,437_ -_ $0 $0 $0 $0 $0 $1_____,984,437 $___ ___0 $0 $0 $0_ Less Debt Service Transfers Transfer in from DLAD Surcharge for 2006 COP debt pmt $99,736 $0 $0 $0 $0 $0 $99,736 $0 $0 $0 $0 100%(WCMS) Transfer in from FF Reserve 359,005 0 0 0 0 0 359,005 0 0 0 0 100%(WCMS) Total Debt Service Transfers $458,741 $0 $0 $0 $0 $0 $458,741 $0 $0 $0 $0 Net Debt Service $1,525,696 $0 $0 $0 $0 $0 $1,525,696 $0 $0 $0 $0 Transfers In Transfer in from employee and overhead for sidefund debt $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 100%(WCMS) Transfer in from Vehicle Reserve(on CIP Calculation) 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Transfer from Operating Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Out Debt Service Payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 100%(WCMS) Transfer to Vehicle Reserve 376,000 0 0 0 0 0 376,000 0 0 0 0 100%(WCMS) Transferto Operating Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 100%(WCMS) Transferto Cash Reserves (1,103,914) 0 0 0 0 0 (1,103,914) 0 0 0 0 100%(WCMS) Total Transfers ($727,914) $0 $0 $0 $0 $0 ($727,914) $0 50 $0 $0 Total Revenue Requirement $22,164,074 $1,951,325 $767,399 $0 $0 $0 $18,240,639 $0 $178,908 $0 $1,025,804 Less:Other Income Misc Operating Revenue $185,500 $185,500 $0 $0 $0 $0 $0 $0 $0 $0 $0 100%(COM) Non-Potable 164,031 164,031 0 0 0 0 0 0 0 0 0 100%(COM) Misc Rents 66,597 66,597 0 0 0 0 0 0 0 0 0 100%(COM) Standby Revenue 90,288 90,288 0 0 0 0 0 0 0 0 0 100%(COM) Interest Income 176,641 176,641 0 0 0 0 0 0 0 0 0 100%(COM) Total Other Income $683,057 $683,057 $0 $0 $0 $0 $0 $0 $0 $0 $0 Net Revenue Requirement $21,481,017 $1,268,268 $767,399 $0 $0 $0 $18,240,639 $0 $178,908 $0 $1,025,804 08/27/2025 Page 27 of 36 Page 109 of 141 Truckee Donner PUD Water Utility Cost of Service Summary Exhibit 13-Distribution of Revenue Requirement-COM,CAP&DA Residential Allocation Components FY 2026 Tier 1 Tier 2 Commercial Pump Zones Distribution Factor Commodity $1,268,268 $545,287 $317,039 $405,941 $0 (COM) Capacity $767,399 $236,407 $299,295 $231,698 $0 (CAP-1) Direct Assignment $0 $0 $0 $0 $0 (DA) Total $2,035,667 $781,694 $616,334 $637,639 $0 08/27/2025 Page 28 of 36 Page 110 of 141 Truckee Donner PUD Water Utility Cost of Service Summary Exhibit 14-Distribution of Revenue Requirement-Cust.Fire,Rev. Allocation Components FY 2026 Residential Commercial Pump Zones Distribution Factor Customer Related Actual Customer $0 $0 $0 $0 (AC) Customer Acct/Svcs 0 0 0 0 (WCA) Meters&Svcs 18,240,639 16,837,520 1,403,119 0 (WCMS) --------------- --------------- --------------- --------------- Total Customer Related $18,240,639 $16,837,520 $1,403,119 $0 Equiv. Meters $0 $0 $0 $0 (CAP-2) Revenue Related $0 $0 $0 $0 (RR) Fire Protection $178,908 $151,780 $27,127 $0 (FP) Pump Zones $1,025,804 $0 $0 $1,025,804 Net Revenue Requirement $19,445,350 $16,989,300 $1,430,246 $1,025,804 08/27/2025 Page 29 of 36 Page 111 of 141 Truckee Donner PUD Water Utility Cost of Service Summary Exhibit 15-Summary of Cost Distribution FY 2026 Total Residential Commercial Pump Zones Source Revenues at Present Rates $20,160,310 $17,240,005 $1,963,847 $956,459 Allocated Revenue Requirement $21,481,017 $18,387,328 $2,067,885 $1,025,804 -------------- -------------- -------------- -------------- Subtotal Balance/(Deficiency)of Funds ($1,320,707) ($1,147,323) ($104,038) ($69,345) Change Over Present Rates 6.6%1 6.7% 5.3% 7.3% 08/27/2025 Page 30 of 36 Page 112 of 141 Truckee Donner PUD Water Utility Cost of Service Summary Exhibit 16-Average Unit Cost FY 2026 Residential Total Tier 1 Tier 2 Commercial Commodity Costs-$/CCF $1.22 $1.22 $1.22 $1.22 Capacity Costs-$/CCF $0.74 $0.53 $1.15 $0.70 Direct Assign.Costs-$/CCF $0.00 $0.00 $0.00 $0.00 -------------- -------------- -------------- -------------- Total Allocated Costs-$/CCF $1.96 $1.75 $2.37 $1.92 Current Consumption Rates $1.34 $1.91 $1.86 Customer-$/Equiv.Mtrs/month $107.45 $107.45 $107.45 Fire Protection-$/Equiv. Mtrs/month 1.05 0.97 2.08 -------------- -------------- -------------- Total-$/Month $108.50 $108.41 $109.52 Current Fixed Charge(3/4") $103.03 $103.03 Rate Rev$/CCF $19.41 $38.60 $5.91 Allocated Rev Req$/CCF $20.68 $41.17 $6.22 Basic Data Annualized Water Flows-CCF 1,038,718 446,593 259,657 332,468 No.of Customers 13,837 13,059 778 No.of Units NA NA NA NA Equivalent Meters 14,147 13,059 1,088 08/27/2025 Page 31 of 36 Page 113 of 141 Truckee Donner PUD Water Utility Rate Design Exhibit 17-Summary of Rate Design Present FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 Residential 5/8" x 3/4" $103.03 $108.50 $115.55 $123.06 $131.06 $139.58 3/4" 103.03 108.50 115.55 123.06 131.06 139.58 1" 122.89 129.41 137.82 146.78 156.32 166.48 Commodity Charge 0-8,000 gal (block 1) $1.34 $1.75 $1.86 $1.98 $2.11 $2.25 8,000+gal (block 2) 1.91 2.37 2.53 2.69 2.86 3.05 Commercial 5/8" x 3/4" $103.03 $108.50 $115.55 $123.06 $131.06 $139.58 3/4" 103.03 108.50 115.55 123.06 131.06 139.58 1" 122.89 129.41 137.82 146.78 156.32 166.48 11/2" 172.75 181.92 193.75 206.34 219.75 234.04 2" 237.50 250.11 266.37 283.68 302.12 321.76 3" 397.58 418.68 445.90 474.88 505.75 538.62 4" 568.87 599.06 638.00 679.47 723.64 770.67 6" 853.30 898.60 957.00 1,019.21 1,085.46 1,156.01 8" 1,066.62 1,123.23 1,196.24 1,274.00 1,356.81 1,445.00 Commodity Charge/ 1,000 gal $1.86 $1.92 $2.04 $2.17 $2.31 $2.46 Pump Zone Charges Zone 1 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Zone 2 1.03 1.09 1.16 1.24 1.32 1.41 Zone 3 2.04 2.16 2.30 2.45 2.61 2.78 Zone 4 3.06 3.24 3.45 3.67 3.91 4.16 Zone 5 4.08 4.32 4.60 4.90 5.22 5.56 Zone 6 5.10 5.40 5.75 6.12 6.52 6.94 Zone 7 6.12 6.48 6.90 7.35 7.83 8.34 08/27/2025 Page 32 of 36 Page 114 of 141 Truckee Donner PUD Water Utility Rate Design Exhibit 18- Residential Bill Comparison Consumption Current Proposed $ (Gallons) Rate Rate Change Change 0 $103.03 $108.50 $5.47 5.3% 5,000 109.73 117.25 7.52 6.9% 8,000 113.75 122.50 8.75 7.7% 10,000 117.57 127.25 9.68 8.2% 15,000 127.12 139.12 12.00 9.4% 20,000 136.67 150.98 14.31 10.5 25,000 146.22 162.85 16.63 11.4% 30,000 155.77 174.72 18.95 12.2 35,000 165.32 186.59 21.27 12.9% 40,000 174.87 198.46 23.59 13.5% 45,000 184.42 210.32 25.90 14.0% 50,000 193.97 222.19 28.22 14.5% Meter Size Current Proposed 5/8"x 3/4" $103.03 $108.50 Commodity Charge($/1,000 gal) 0-8,000 gal $1.34 $1.75 8,000+gal $1.91 $2.37 08/27/2025 Page 33 of 36 Page 115 of 141 Truckee Donner PUD Water Utility Rate Design Exhibit 19-Commercial Bill Comparison Consumption Current Proposed $ (Gallons) Rate Rate Change Change 3/4" Meter 0 $103.03 $108.50 $5.47 5.3% 20,000 140.23 146.86 6.63 4.7% 40,000 177.43 185.21 7.78 4.4% 60,000 214.63 223.57 8.94 4.2% 80,000 251.83 261.93 10.10 4.0% 100,000 289.03 300.29 11.26 3.9% 120,000 326.23 338.65 12.42 3.8% 140,000 363.43 377.00 13.57 3.7% 160,000 400.63 415.36 14.73 3.7% 1" Meter 40,000 $197.29 $206.13 $8.84 4.5% 60,000 234.49 244.49 10.00 4.3% 80,000 271.69 282.84 11.15 4.1% 120,000 346.09 359.56 13.47 3.9% 140,000 383.29 397.92 14.63 3.8% 160,000 420.49 436.28 15.79 3.8% 180,000 457.69 474.63 16.94 3.7% Meter Size Current Proposed 5/8"x 3/4" $103.03 $108.50 3/4" 103.03 108.50 1" 122.89 129.41 1 1/2" 172.75 181.92 2" 237.50 250.11 3" 397.58 418.68 4" 568.87 599.06 6" 853.30 898.60 8" 1,066.62 1,123.23 Commodity Charge All Consumption $/1,000 gal $1.86 $1.92 08/27/2025 Page 34 of 36 Page 116 of 141 Truckee Donner PUD Water Utility Rate Design Exhibit 20-Pump Zone Charge Current Proposed $ % Zone Rate Rate Change Change 1 $0.00 $0.00 $0.00 0.0% 2 1.03 1.09 0.06 5.8% 3 2.04 2.16 0.12 5.9% 4 3.06 3.24 0.18 5.9% 5 4.08 4.32 0.24 5.9% 6 5.10 5.40 0.30 5.9% 7 6.12 6.48 0.36 5.9% 08/27/2025 Page 35 of 36 Page 117 of 141 Truckee Donner PUD Water Utility Rate Design Exhibit 21-Rate Revenue Projection Present FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 Residential Fixed $16,049,189 $17,002,818 $18,215,764 $19,514,855 $20,907,740 $22,399,240 Consumption 1,094,379 1,396,925 1,472,718 1,551,233 1,634,884 1,725,987 Total $17,143,569 $18,399,743 $19,688,482 $21,066,088 $22,542,624 $24,125,227 94% 92% 93% 93% 93% 93% FY 2026 COSA $18,387,328 Commercial Fixed $1,339,436 $1,416,881 $1,515,717 $1,621,422 $1,734,472 $1,855,383 Consumption 618,390 637,639 671,452 707,946 746,422 786,990 Total $1,957,826 $2,054,520 $2,187,168 $2,329,368 $2,480,894 $2,642,373 68% 69% 69% 70% 70% 70% FY 2026 COSA $2,067,885 Pump Zone Consumption $966,118 $1,022,837 $1,078,122 $1,137,220 $1,199,230 $1,264,809 FY 2026 COSA $1,025,804 System Total $20,067,513 $21,477,100 $22,953,772 $24,532,676 $26,222,748 $28,032,409 System Target $21,481,017 $22,963,108 $24,547,443 $26,242,648 $28,054,883 $ Difference $3,918 $9,336 $14,767 $19,900 $22,475 0.02% 0.04% 0.06% 0.08% 0.08% Fixed Rev 86.7% 85.8% 86.0% 86.2% 86.3% 86.5% Variable Rev 13.3% 14.2% 14.0% 13.8% 13.7% 13.5% 08/27/2025 Page 36 of 36 Page 118 of 141 AGENDA ITEM #19 Public Utility District MEETING DATE: September 3, 2025 TO: Board of Directors FROM: Michael Salmon, Chief Financial Officer SUBJECT: 2025 Electric Utility Cost of Service and Rate Study Workshop APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Receive this report and provide direction to staff. BACKGROUND: The District's electric retail rates are set by the Board of Directors and adopted by Ordinance. Recent year's average rate changes are as follows: Ordinance 2016-01 2016-01 2016-01 2019-01 2019-01 2021-03 2021-03 2023-01 2023-01 Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Average 2% 3% 3% 2.7% 3% 8.5% 6.5% 12% 12% Rate and and Increase PCA PCA Beginning in 2024, Ordinance 2023-01 established a new Power Cost Adjustment (PCA) component to electric rates. The PCA is calculated quarterly and provides a credit or charge to the customer based on the District's wholesale power cost fluctuations. In 2024, the effective rate change from 2023 to 2024, including PCA net credits received by customers in 2024, was an average increase of 10.9%. Note, the Q4 of 2024 PCA credit amount was applied to customer accounts in 2025 billings and factoring this into the year 2024, the effective rate increase over 2023 is 8.0%. In 2025, including PCAs both years as applicable, the Year to Date (YTD) July effective rate change compared to YTD July 2024 is 8.4%. An electricity cost benchmark information is provided below: Page 1 of 4 Page 119 of 141 Electricity Cost per kWh-Retail-All Customer Types cents per kilowatthour 30.00 15.00 20.00 15.00 10.00 5A0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 —TDPUD —USA€ —CAC € source for USA and CA is the U.S.Energy Information Administration(EIA.GOV) CAGRs: TDPUD USA€ CAC 2024 5yr 6.4% 4.3% 9.8% 2024 9yr 4.2% 2.5% 6.4% In advance of the efforts to prepare the FY26-27 budget, staff anticipated the need for consultant assistance to support the District's possible establishment of the next Cost of Service Analysis (COSA)justified electric rates starting in FY26. The Board, at its April 2, 2025 meeting, approved a contract with HDR, Inc. (HDR) to prepare a comprehensive Electric Utility COSA and retail rate design update. HDR has extensive experience in providing financial consulting services, including COSA and rate design services for many Publically Owned Utilities (POUs), including POUs of similar size to the District, across California and other western states. ANALYSIS AND BODY: The purpose of the COSA and Rate Study is the adoption of cost-based and equitable electric rates that provide adequate funding for the District's operation and maintenance (O&M), capital expenditure, and reserve requirement needs over the long-term. The COSA and Rate Study process will determine the District's total revenue requirement and how the revenue requirement may best be allocated to rates over the next two years. There are three interrelated steps to the process: determining the revenue requirement, or total cost of service; allocating the revenue requirement among customer classes; and designing rates to recover costs. HDR's Proposal included the following key services to accomplish this effort: • Meet with District staff to discuss study goals and collect financial information; • Develop a projected minimum next five-years revenue requirement; • Review current rate schedules and classes and identify potential changes; • Develop cost-based rate design alternatives for each rate category; • Review Time-of-Use (TOU) rates established in FY24 for potential modification; • Review Commercial EV charging demand for potential new rate class/rate; • Review NEM successor rate analysis prepared by the District and identify a recommendation; and • Present the Cost of Service and Rate Study to the Board. HDR has extensive experience in establishing cost-based electric rates and is highly Page 2 of 4 Page 120 of 141 qualified to perform this work for the District. Their project team specializes in rate and cost of service analyses full-time and has successfully completed rate studies for electric utilities nationwide, including the District. Their proposed schedule to perform the Rate Study also aligns with staff's requirement to prepare the FY26-27 Budget for the Board's review and consideration by November 2025. The COSA and Rate Study results will inform and be an integral component of the proposed FY26-27 Budget. For this workshop item, HDR will present the draft Electric Cost of Service Analysis and Rate Study report to the board of directors. Important highlights of the rate study include: • Analyze rate design for FY26 and FY27; • Analyze fixed infrastructure maintenance and operation costs proportionate to rates; • Evaluate the rate increase applied to the customer charge; and • Analyze each rate category individually and collectively to ensure adequate cost recovery. Attachment 1 is the current draft Electric Cost of Service Analysis and Rate Study summary results (page 1) and the detailed report schedules. Below are the planned schedule milestones: • September 3, 2025 (Board item) - Schedule a public hearing for consideration of the proposed Electric Utility rate changes for November 5, 2025 (a consent agenda item on the September 3rd agenda) • September 3, 2025 (this agenda item) - Conduct a workshop to review the Electric Utility cost of service analysis and proposed rate changes • September 17, 2025 - If necessary, conduct a 2nd workshop to review the Electric Utility cost of service analysis and proposed rate changes • November 5, 2025 - Hold a Public Hearing regarding proposed rates, and consideration of an Ordinance to change electric rates for the years 2026 and 2027 GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Modernize the utility and add value to our communities through collaboration and innovation. Page 3 of 4 Page 121 of 141 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: There is no direct fiscal impact associated with this item. ATTACHMENTS: 1. TDPUD - 2025 Electric COSA 8 29 2025 v2 Page 4 of 4 Page 122 of 141 Truckee Donner PUD Electric Rate Study Revenue Requirement Exhibit 1-Revenue Requirement Summary FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Revenue Rate Revenue $42,287,354 $43,235,233 $44,213,873 $45,215,946 $46,242,386 $47,293,417 $48,370,003 $49,472,877 $50,602,217 $51,758,657 $52,943,216 Miscellaneous Revenue 1,385,120 1,288,859 1,336,736 1,348,805 1,367,485 1,386,287 1,405,212 1,424,261 1,443,436 1,456,248 1,469,188 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Revenue $43,672,474 $44,524,092 $45,550,609 $46,564,751 $47,609,871 $48,679,704 $49,775,215 $50,897,138 $52,045,653 $53,214,905 $54,412,405 Expenses Board of Directors $352,767 $366,878 $381,553 $396,815 $412,687 $429,195 $446,363 $464,217 $482,786 $502,097 $522,181 General Management 1,650,540 1,980,648 2,059,874 2,142,269 2,227,960 2,317,078 2,409,761 2,506,152 2,606,398 2,710,654 2,819,080 Administrative Services 1,624,192 1,689,160 1,756,726 1,826,995 1,900,075 1,976,078 2,055,121 2,137,326 2,222,819 2,311,732 2,404,201 Conservation 1,068,733 1,111,482 1,155,942 1,202,179 1,250,266 1,300,277 1,352,288 1,406,380 1,462,635 1,521,140 1,581,986 Electric Operations 8,951,943 10,294,734 10,706,524 11,134,785 11,580,176 12,043,383 12,525,119 13,026,123 13,547,168 14,089,055 14,652,617 Information Technology(IT) 1,928,360 1,928,360 2,005,494 2,085,714 2,169,143 2,255,908 2,346,145 2,439,991 2,537,590 2,639,094 2,744,658 UAMPS-Energy 15,901,420 14,371,223 14,919,266 15,485,732 16,902,873 18,449,798 19,649,035 20,926,223 22,286,427 23,735,045 25,277,823 NVEnergy-Transmission 1,153,084 755,971 825,237 900,849 983,390 1,073,493 1,143,270 1,217,582 1,296,725 1,381,012 1,470,778 Building Maintenance 866,381 863,348 897,882 933,797 971,149 1,009,995 1,050,395 1,092,411 1,136,107 1,181,551 1,228,813 Additional Future O&M 0 0 0 0 0 0 0 0 0 0 0 Total Operations&Maintenance $33,497,420 $33,361,804 $34,708,497 $36,109,136 $38,397,719 $40,855,206 $42,977,496 $45,216,404 $47,578,655 $50,071,380 $52,702,137 Taxes&Transfers $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Debt Service 431,931 429,181 431,181 1,882,681 1,878,681 1,879,431 1,879,681 1,879,431 1,878,681 1,882,431 1,880,431 Rate Funded Capital 6,703,300 8,010,000 9,087,000 9,900,000 10,800,000 11,800,000 12,900,000 14,100,000 15,400,000 16,800,000 18,300,000 To/(From)Reserves 3,196,720 4,868,800 5,006,800 2,105,800 2,159,290 3,916,780 1,998,270 2,029,760 2,062,250 2,092,250 2,112,250 Total Revenue Requirement $43,829,371 $46,669,785 $49,233,479 $49,997,617 $53,235,690 $58,451,417 $59,755,448 $63,225,595 $66,919,586 $70,846,061 $74,994,818 Net Bal./(Def.)Before Rate Adj. ($156,897) ($2,145,693) ($3,682,870) ($3,432,866) ($5,625,820) ($9,771,713) ($9,980,233) ($12,328,457) ($14,873,933) ($17,631,156) ($20,582,413) Bal.as a%of Rate Rev 0.4% 5.0% 8.3% 7.6% 12.2% 20.7% 20.6% 24.9% 29.4% 34.1% 38.9% Proposed Rate Adjustment 0.0% 4.0% 4.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% Add'I Revenue from Rate Adj. $0 $1,729,409 $3,607,852 $5,156,788 $6,819,339 $8,602,366 $10,513,236 $12,559,721 $14,749,887 $17,092,343 $19,596,324 Bal/(Def.)of Funds After Adj. ($156,897) ($416,284) ($75,018) $1,723,923 $1,193,519 ($1,169,347) $533,003 $231,264 ($124,047) ($538,813) ($986,090) Bal./(Def.)as a%of Rate Rev After Adj. 0.4% 1.0% 0.2% -3.8% -2.6% 2.5% -1.1% -0.5% 0.2% 1.0% 1.9% Debt Service Coverage Ratio DSC Before Rate Adj. 23.56 26.01 25.15 5.55 4.90 4.16 3.62 3.02 2.38 1.67 0.91 DSC After Rate Adj. 23.56 30.04 33.51 8.29 8.53 8.74 9.21 9.71 10.23 10.75 11.33 Average Monthly Residential Bill(800 KWh) $179.89 Rate After Adjustment $179.89 $187.09 $194.57 $200.41 $206.42 $212.61 $218.99 $225.56 $232.33 $239.30 $246.47 Annual Adjustment $7.20 $7.48 $5.84 $6.01 $6.19 $6.38 $6.57 $6.77 $6.97 $7.18 Cumulative Adjustment $7.20 $14.68 $20.52 $26.53 $32.72 $39.10 $45.67 $52.44 $59.41 $66.58 Total Ending Fund Balance/Reserves $34,889,818 $31,101,534 $32,726,758 $34,094,696 $36,953,311 $37,130,046 $38,937,972 $40,104,899 $41,357,996 $42,609,724 $43,439,909 8/29/2025 Draft Truckee Donner PUD Page 1 of 19 Page 123 of 141 Truckee Donner PUD Page 1 of 1 Electric Rate Study Revenue Requirement Exhibit 2-Escalation Factors Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Revenue Customer Growth 0.5% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% Demand Growth 0.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Renewable Energy Credit Growth 0.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Interest Income 0.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Misc.Income Budget 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% Flat 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Expenses Labor&Benenfits Budget 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Repair&Maintenance Budget 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Materials&Supplies Budget 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% UAMPS Rate 3.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% NV Energy Rate 3.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Purchased Power-UAMPS 3.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% Purchased Power-NV Energy 3.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% Utilities Budget 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Miscellaneous Budget 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% New Debt Service Assumptions Revenue Bond Term(Years) 20 20 20 20 20 20 20 20 20 20 20 Rate 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% Low Interest Loan Term(Year) 20 20 20 20 20 20 20 20 20 20 20 Rate 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 8/29/2025 Draft Truckee Donner PUD Page 2 of 19 Page 124 of 141 Truckee Donner PUD Electric Rate Study Page 1 of 6 Revenue Requirement Exhibit 3-Sources&Application of Funds Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Revenue Rate Revenue Permanent Residents $10,471,007 $10,705,493 $10,943,983 $11,187,945 $11,437,886 $11,693,578 $11,955,533 $12,223,529 $12,498,086 $12,778,991 $13,066,770 Calculated on CustData Tab Non-Permanent Residents 12,718,896 12,992,565 13,272,525 13,559,116 13,852,493 14,152,816 14,460,251 14,774,965 15,096,763 15,426,190 15,763,428 Calculated on CustData Tab Small Commercial(<50 kW) 7,652,555 7,832,691 8,016,607 8,204,933 8,397,782 8,595,265 8,797,498 9,005,098 9,217,688 9,435,395 9,658,346 Calculated on CustData Tab Medium Commercial(>50 kW<200 kW) 4,666,778 4,778,367 4,890,627 5,005,712 5,123,675 5,244,569 5,368,505 5,495,519 5,625,725 5,759,183 5,895,970 Calculated on CustData Tab Large Commercial(>200 kW) 5,575,880 5,696,216 5,831,873 5,970,922 6,113,442 6,259,533 6,409,262 6,562,731 6,720,047 6,881,298 7,046,557 Calculated on CustData Tab EV 1,202,237 1,229,901 1,258,259 1,287,318 1,317,108 1,347,656 1,378,955 1,411,035 1,443,907 1,477,601 1,512,146 Calculated on CustData Tab ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total Rate Revenue $42,287,354 $43,235,233 $44,213,873 $45,215,946 $46,242,386 $47,293,417 $48,370,003 $49,472,877 $50,602,217 $51,758,657 $52,943,216 Miscellaneous Revenue Late Charges $72,037 $72,757 $73,485 $74,220 $74,962 $75,712 $76,469 $77,233 $78,006 $78,786 $79,574 As Misc.Income Trip Charges/Misc/Int 3,179 3,211 3,243 3,275 3,308 3,341 3,375 3,408 3,442 3,477 3,512 As Misc.Income Return Check Charges 3,593 3,629 3,665 3,702 3,739 3,776 3,814 3,852 3,891 3,930 3,969 As Misc.Income Fees for Changing&Connecting Service 69,269 69,962 70,661 71,368 72,082 72,802 73,530 74,266 75,008 75,758 76,516 As Misc.Income Other Electric Revenues-Miscellaneous 6,096 6,157 6,219 6,281 6,344 6,407 6,471 6,536 6,601 6,667 6,734 As Misc.Income Misc Op Revenue-Cal Card Rebate 1,044 1,054 1,065 1,076 1,086 1,097 1,108 1,119 1,131 1,142 1,153 As Misc.Income As built fee 1,012 1,022 1,032 1,043 1,053 1,064 1,074 1,085 1,096 1,107 1,118 As Misc.Income Misc Operating Revenue-SEEA Admin Fee 3,036 3,066 3,097 3,128 3,159 3,191 3,223 3,255 3,288 3,320 3,354 As Misc.Income Timber Sales 1,634 1,650 1,667 1,684 1,700 1,717 1,735 1,752 1,769 1,787 1,805 As Misc.Income Pole Replacements and Contacts 420,000 400,000 420,000 424,200 428,442 432,726 437,054 441,424 445,838 450,297 454,800 As Misc.Income Standby Funds-Nevada County 14,600 14,746 14,893 15,042 15,193 15,345 15,498 15,653 15,810 15,968 16,127 As Misc.Income Standby Funds-Placer County 400 404 408 412 416 420 425 429 433 437 442 As Misc.Income Interdepartmental Rent (separate calc) 607,500 581,400 607,500 613,575 619,711 625,908 632,167 638,489 644,873 651,322 657,835 As Misc.Income Facility Fees 181,720 129,800 129,800 129,800 136,290 142,780 149,270 155,760 162,250 162,250 162,250 Total Miscellaneous Revenue $1,385,120 $1,288,859 $1,336,736 $2,348,805 $1,367,485 $1,386,287 $1,405,212 $1,424,261 $1,443,436 $1,456,248 $1,469,188 Total Revenue $43,672,474 $44,524,092 $45,550,609 $46,564,751 $47,609,871 $48,679,704 $49,775,215 $50,897,138 $52,045,653 $53,214,905 $54,412,405 8/29/2025 Draft Truckee Donner PUD Page 3 of 19 Page 125 of 141 Truckee Donner PUD Electric Rate Study Page 2 of 6 Revenue Requirement Exhibit 3-Sources&Application of Funds Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Operating Expenses Board of Directors Outside Service Employed $160,000 $166,400 $173,056 $179,978 $187,177 $194,664 $202,451 $210,549 $218,971 $227,730 $236,839 As Labor&Benenfits Miscellaneous General Expenses 192,767 200,478 208,497 216,837 225,510 234,531 243,912 253,668 263,815 274,368 285,342 As Miscellaneous --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Board of Directors $352,767 $366,878 $381,553 $396,825 $412,687 $429,195 $446,363 $464,227 $482,786 $502,097 $522,181 General Management Public Information $151,845 $182,214 $189,503 $197,083 $204,966 $213,165 $221,691 $230,559 $239,781 $249,372 $259,347 As Materials&Supplies Legislature&Regulations 0 0 0 0 0 0 0 0 0 0 0 As Miscellaneous Admin&General-Salaries 746,922 896,306 932,159 969,445 1,008,223 1,048,552 1,090,494 1,134,114 1,179,478 1,226,657 1,275,723 As Labor&Benenfits Office Supplies&Expenses 105,055 126,066 131,109 136,353 141,807 147,479 153,379 159,514 165,894 172,530 179,431 As Materials&Supplies Outside Service Employed 204,660 245,592 255,416 265,632 276,258 287,308 298,800 310,752 323,182 336,110 349,554 As Labor&Benenfits Injuries&Damages 324,148 388,978 404,537 420,718 437,547 455,049 473,251 492,181 511,868 532,343 553,636 As Labor&Benenfits General Advertising Expenses 117,910 141,492 147,152 153,038 159,159 165,526 172,147 179,033 186,194 193,642 201,387 As Materials&Supplies Misc.General Expenses 0 0 0 0 0 0 0 0 0 0 0 As Miscellaneous --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total General Management $1,650,540 $1,980,648 $2,059,874 $2,142,269 $2,227,960 $2,317,078 $2,409,761 $2,506,152 $2,606,398 $2,710,654 $2,819,080 Administrative Services Meters/Services Operation Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 As Repair&Maintenance Customer Installation Expense 0 0 0 0 0 0 0 0 0 0 0 As Repair&Maintenance Customer Account Op.Exp.-Salaries 179,057 186,219 193,668 201,415 209,471 217,850 226,564 235,627 245,052 254,854 265,048 As Labor&Benenfits Meter Reading Expense 9,270 9,641 10,026 10,427 10,845 11,278 11,730 12,199 12,687 13,194 13,722 As Miscellaneous Customer Records&Collections Exp. 622,869 647,784 673,695 700,643 728,669 757,815 788,128 819,653 852,439 886,537 921,998 As Materials&Supplies Cust.Records&Collections-Meter Readers 13,222 13,751 14,301 14,873 15,468 16,087 16,730 17,399 18,095 18,819 19,572 As Materials&Supplies Provision for Bad Debts 12,275 12,766 13,277 13,808 14,360 14,934 15,532 16,153 16,799 17,471 18,170 As Miscellaneous Admin&Operations Gen-Salaries 393,686 409,433 425,811 442,843 460,557 478,979 498,138 518,064 538,786 560,338 582,751 As Labor&Benenfits Office Supplies&Expenses 99,141 103,107 107,231 111,520 115,981 120,620 125,445 130,463 135,681 141,109 146,753 As Materials&Supplies Outside Services Employed 42,767 44,478 46,257 48,107 50,031 52,033 54,114 56,278 58,530 60,871 63,306 As Labor&Benenfits Insurance 220,195 229,003 238,163 247,689 257,597 267,901 278,617 289,762 301,352 313,406 325,942 As Miscellaneous Injuries&Damages(Safety) 31,710 32,978 34,298 35,669 37,096 38,580 40,123 41,728 43,397 45,133 46,939 As Labor&Benenfits --------------- ----------- ------------- -- Total Administrative Services $1,624,192 $1,689,160 $1,756,726 $1,826,995 $1,900,075 $1,976,078 $2,055,121 $2,137,326 $2,222,819 $2,311,732 $2,404,201 8/29/2025 Draft Truckee Donner PUD Page 4 of 19 Page 126 of 141 Truckee Donner PUD Electric Rate Study Page 3 of 6 Revenue Requirement Exhibit 3-Sources&Application of Funds Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Conservation PBC-Residential $277,285 $288,376 $299,911 $311,908 $324,384 $337,360 $350,854 $364,888 $379,484 $394,663 $410,450 As Materials&Supplies PBC-Commercial $240,401 250,017 260,018 270,418 281,235 292,485 304,184 316,351 329,005 342,166 355,852 As Materials&Supplies PBC-Education&Outreach 41,326 42,979 44,698 46,486 48,346 50,279 52,291 54,382 56,557 58,820 61,173 As Materials&Supplies PBC-Income-Qualified 52,429 54,526 56,707 58,975 61,335 63,788 66,339 68,993 71,753 74,623 77,608 As Materials&Supplies PBC-Research&Development 140,366 145,981 151,820 157,893 164,208 170,777 177,608 184,712 192,101 199,785 207,776 As Materials&Supplies PBC-Renewables 165,000 171,600 178,464 185,603 193,027 200,748 208,778 217,129 225,814 234,846 244,240 As Materials&Supplies LCFS:Residential 37,272 38,763 40,313 41,926 43,603 45,347 47,161 49,047 51,009 53,050 55,172 As Labor&Benenfits LCFS:Commercial 33,003 34,323 35,696 37,124 38,609 40,153 41,759 43,430 45,167 46,974 48,853 As Materials&Supplies LCFS:Income Qualified 30,179 31,386 32,642 33,947 35,305 36,717 38,186 39,714 41,302 42,954 44,672 As Materials&Supplies Admin&Operations Gen-Salaries 26,577 27,640 28,746 29,896 31,091 32,335 33,628 34,974 36,372 37,827 39,340 As Materials&Supplies Office Supplies&Expenses 22,155 23,041 23,963 24,921 25,918 26,955 28,033 29,154 30,321 31,533 32,795 As Materials&Supplies Injuries&Damages(Safety) 2,740 2,850 2,964 3,082 3,205 3,334 3,467 3,606 3,750 3,900 4,056 As Materials&Supplies --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Conservation $1,068,733 $1,111,482 $1,155,942 $1,202,179 $1,250,266 $1,300,277 $1,352,288 $1,406,380 $1,462,635 $1,521,140 $1,581,986 Electric Operations Operations/PM Sup&Engineering $1,238,327 $1,424,076 $1,481,039 $1,540,281 $1,601,892 $1,665,968 $1,732,606 $1,801,911 $1,873,987 $1,948,946 $2,026,904 As Materials&Supplies Substation Operations/PM 480,107 552,123 574,208 597,176 621,063 645,906 671,742 698,612 726,556 755,619 785,843 As Materials&Supplies Distribution Operations/PM 3,448,266 3,965,506 4,124,126 4,289,091 4,460,655 4,639,081 4,824,644 5,017,630 5,218,335 5,427,069 5,644,151 As Materials&Supplies Security/Street Light Operations/PM 0 0 0 0 0 0 0 0 0 0 0 As Materials&Supplies Meter Operations/PM 267,013 307,065 319,348 332,121 345,406 359,223 373,591 388,535 404,077 420,240 437,049 As Materials&Supplies Customer Installation Operations/PM 143,154 164,627 171,212 178,061 185,183 192,590 200,294 208,306 216,638 225,304 234,316 As Labor&Benenfits Misc.General Operations/PM 846,956 973,999 1,012,959 1,053,478 1,095,617 1,139,442 1,185,019 1,232,420 1,281,717 1,332,985 1,386,305 As Materials&Supplies Maintenance of Station Equipment 0 0 0 0 0 0 0 0 0 0 0 As Materials&Supplies Maintenance of Distribution Lines 1,651,477 1,899,199 1,975,166 2,054,173 2,136,340 2,221,794 2,310,665 2,403,092 2,499,216 2,599,184 2,703,152 As Miscellaneous Maintenance of Security/Street Lights 0 0 0 0 0 0 0 0 0 0 0 As Miscellaneous Professional Services-Rate Case Costs 376,980 433,527 450,868 468,903 487,659 507,165 527,452 548,550 570,492 593,312 617,044 As Miscellaneous Injuries&Damages(Safety) 334,458 384,627 400,012 416,012 432,653 449,959 467,957 486,675 506,142 526,388 547,444 As Miscellaneous Regulatory Commission Expense 165,205 189,986 197,585 205,489 213,708 222,256 231,147 240,393 250,008 260,009 270,409 As Miscellaneous --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Electric Operations $8,951,943 $10,294,734 $10,706,524 $11,134,785 $11,580,176 $12,043,383 $12,525,119 $13,026,223 $13,547,168 $14,089,055 $14,652,617 8/29/2025 Draft Truckee Donner PUD Page 5 of 19 Page 127 of 141 Truckee Donner PUD Electric Rate Study Page 4 of 6 Revenue Requirement Exhibit 3-Sources&Application of Funds Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Information Technology(IT) Engineering&SCADA Operations $213,674 $213,674 $222,221 $231,110 $240,354 $249,968 $259,967 $270,366 $281,180 $292,428 $304,125 As Materials&Supplies GIS/Engineering Operations 308,833 308,833 321,186 334,034 347,395 361,291 375,743 390,772 406,403 422,659 439,566 As Materials&Supplies Meter Reading 157,789 157,789 164,101 170,665 177,491 184,591 191,974 199,653 207,640 215,945 224,583 As Materials&Supplies Customer Records 203,385 203,385 211,520 219,981 228,780 237,932 247,449 257,347 267,641 278,346 289,480 As Materials&Supplies Administrative&General IT Ops 957,580 957,580 995,883 1,035,719 1,077,147 1,120,233 1,165,042 1,211,644 1,260,110 1,310,514 1,362,935 As Materials&Supplies Office Supplies&Expenses 38,563 38,563 40,106 41,710 43,378 45,113 46,918 48,794 50,746 52,776 54,887 As Labor&Benenfits Outside Services Employed 25,750 25,750 26,780 27,851 28,965 30,124 31,329 32,582 33,885 35,241 36,650 As Materials&Supplies Safety 22,786 22,786 23,697 24,645 25,631 26,656 27,723 28,832 29,985 31,184 32,432 As Materials&Supplies --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Information Technology(IT) $1,928,360 $1,928,360 $2,005,494 $2,085,714 $2,169,143 $2,255,908 $2,346,145 $2,439,991 $2,537,590 $2,639,094 $2,744,658 Purchased Power UAMPS-Energy $15,901,420 $14,371,223 $14,919,266 $15,485,732 $16,902,873 $18,449,798 $19,649,035 $20,926,223 $22,286,427 $23,735,045 $25,277,823 As Purchased Power-UAMPS NV Energy-Transmission 1,153,084 755,971 825,237 900,849 983,390 1,073,493 1,143,270 1,217,582 1,296,725 1,381,012 1,470,778 As Purchased Power-NV Energy --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Purchased Power $17,054,504 $15,127,194 $15,744,503 $16,386,581 $17,886,263 $19,523,291 $20,792,305 $22,143,805 $23,583,152 $25,116,057 $26,748,601 Building Maintenance $866,381 $863,348 $897,882 $933,797 $971,149 $1,009,995 $2,050,395 $1,092,411 $1,136,107 $1,181,551 $1,228,813 As Miscellaneous Additional Future O&M Tree Trimming $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 As Repair&Maintenance -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- Total Additional Future O&M $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Operation&Maintenance $33,497,420 $33,361,804 $34,708,497 $36,109,136 $38,397,719 $40,855,206 $42,977,496 $45,216,404 $47,578,655 $50,071,380 $52,702,137 -0.4% 4.0% 4.0% 6.3% 6.4% 5.2% 5.2% 5.2% 5.2% 5.3% Taxes&Transfers From Overhead to Pay CalPERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 As Misc.Income --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Taxes&Transfers $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Debt Service Principal $155,000 $160,000 $170,000 $180,000 $185,000 $195,000 $205,000 $215,000 $225,000 $240,000 $250,000 Debt Schedule Interest 276,931 269,181 261,181 252,681 243,681 234,431 224,681 214,431 203,681 192,431 180,431 Debt Schedule HQ Debt Service 0 0 0 1,450,000 1,450,000 1,450,000 1,450,000 1,450,000 1,450,000 1,450,000 1,450,000 New Low Interest Loan 0 0 0 0 0 0 0 0 0 0 0 Calc @ 2.5%for 20 Yrs New Revenue Bond 0 0 0 0 0 0 0 0 0 0 0 Calc @ 5%for 20 Yrs -------------- --------------- -------------- --------------- --------------- --------------- -------------- ---------- --------------- --------------- --------------- Total Debt Service $431,931 $429,181 $431,181 $1,882,681 $1,878,681 $1,879,431 $1,879,681 $1,879,431 $1,878,681 $1,882,431 $1,880,431 8/29/2025 Draft Truckee Donner PUD Page 6 of 19 Page 128 of 141 Truckee Donner PUD Electric Rate Study Page 5 of 6 Revenue Requirement Exhibit 3-Sources&Application of Funds Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Rate Funded Capital $6,703,300 $8,010,000 $9,087,000 $9,900,000 $10,800,000 $11,800,000 $12,900,000 $14,100,000 $15,400,000 $16,800,000 $18,300,000 2024 Depr._$3,507,341 To/(From)Reserves To/(From)O&M Fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 To/(From)Capital Fund 2,000,000 4,000,000 4,000,000 1,000,000 1,400,000 3,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 To/(From)Facility Fee Fund 181,720 129,800 129,800 129,800 136,290 142,780 149,270 155,760 162,250 162,250 162,250 To/(From)Vehicle Reserve Fund 925,000 588,000 676,000 777,000 800,000 824,000 849,000 874,000 900,000 900,000 900,000 To/(From)Rate Reserve Fund 540,000 551,000 551,000 549,000 173,000 300,000 350,000 350,000 350,000 380,000 400,000 To/(From)Unfunded Liability 0 0 0 0 0 0 0 0 0 0 0 To/(From)AB 32 (450,000) (400,000) (350,000) (350,000) (350,000) (350,000) (350,000) (350,000) (350,000) (350,000) (350,000) --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total To/ Reserves $3,196,720 $4,868,800 $5,006,800 $2,105,800 $2,159,290 $3,916,780 $1,998,270 $2,029,760 $2,062,250 $2,092,250 $2,112,250 Revenue Requirement $43,829,371 $46,669,785 $49,233,479 $49,997,617 $53,235,690 $58,451,417 $59,755,448 $63,225,595 $66,919,586 $70,846,061 $74,994,818 6.5% 5.5% 1.6% 6.5% 9.8% 2.2% 5.8% 5.8% 5.9% 5.9% Balance(Deficiency)of Funds ($156,897) ($2,145,693) ($3,682,870) ($3,432,866) ($5,625,820) ($9,771,713) ($9,980,233) ($12,328,457) ($14,873,933) ($17,631,156) ($20,582,413) ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Net Bal./(Def.)Before Rate Adj. ($156,897) ($2,145,693) ($3,682,870) ($3,432,866) ($5,625,820) ($9,771,713) ($9,980,233) ($12,328,457) ($14,873,933) ($17,631,156) ($20,582,413) BaI.as a%of Rate Rev 0.4% 5.0% 8.3% 7.6% 12.2% 20.7% 20.6% 24.9% 29.4% 34.1% 38.9% Proposed Rate Adjustment 0.00% 4.00% 4.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% Original,3%,3%,3%,3% Add'I Revenue from Rate Adj. $0 $1,729,409 $3,607,852 $5,156,788 $6,819,339 $8,602,366 $10,513,236 $12,559,721 $14,749,887 $17,092,343 $19,596,324 Bal/(Def.)of Funds After Adj. ($156,897) ($416,284) ($75,018) $1,723,923 $1,193,519 ($1,169,347) $533,003 $231,264 ($124,047) ($538,813) ($986,090) $372,110 Bal./(Def.)as a%of Rate Rev After Adj. 0.4% 1.0% 0.2% -3.8% -2.6% 2.5% -1.1% -0.5% 0.2% 1.0% 1.9% 21,881,442 Debt Service Coverage Ratio DSC Before Rate Adj. 23.56 26.01 25.15 5.55 4.90 4.16 3.62 3.02 2.38 1.67 0.91 DSC After Rate Adj. 23.56 30.04 33.51 8.29 8.53 8.74 9.21 9.71 10.23 10.75 11.33 Average Monthly Residential Bill(800 KWh) $179.89 Rate After Adjustment $179.89 $187.09 $194.57 $200.41 $206.42 $212.61 $218.99 $225.56 $232.33 $239.30 $246.47 190.2709247 Annual Adjustment 0.00 7.20 7.48 5.84 6.01 6.19 6.38 6.57 6.77 6.97 7.18 Cumulative Adjustment 0.00 7.20 14.68 20.52 26.53 32.72 39.10 45.67 52.44 59.41 66.58 8/29/2025 Draft Truckee Donner PUD Page 7 of 19 Page 129 of 141 Truckee Donner PUD Electric Rate Study Page 6 of 6 Revenue Requirement Exhibit 3-Sources&Application of Funds Budgeted Projected FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Operating Reserve Fund Beginning Balance $10,674,399 $10,674,399 $10,494,115 $10,667,097 $12,604,362 $14,049,968 $13,161,620 $13,957,856 $14,468,277 $14,633,596 $14,387,454 Addition of Funds 0 0 0 1,723,923 1,193,519 0 533,003 231,264 0 0 0 Use of Funds 0 (416,284) (75,018) 0 0 (1,169,347) 0 0 (124,047) (538,813) (986,090) Interest Earnings 0 236,000 248,000 213,342 252,087 280,999 263,232 279,157 289,366 292,672 287,749 Ending Balance $10,674,399 $10,494,115 $10,667,097 $12,604,362 $14,049,968 $13,161,620 $13,957,856 $14,468,277 $14,633,596 $14,387,454 $13,689,113 180 Days of O&M Excluding Purchased Power $8,108,835 $8,992,410 $9,352,107 $9,726,191 $10,115,239 $10,519,848 $10,940,642 $11,378,268 $11,833,399 $12,306,735 $12,799,004 ($2,641,772) 1,501,704 1,314,990 2,878,171 3,934,729 2,641,772 3,017,214 3,090,009 2,800,197 2,080,719 890,109 Capital Replacement Fund Beginning Balance $11,009,923 $13,009,923 $8,691,462 $10,352,206 $8,402,772 $9,424,855 $9,017,600 $8,688,128 $8,348,772 $7,999,235 $7,639,212 Addition of Funds 2,000,000 4,000,000 4,000,000 1,000,000 1,400,000 3,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Use of Funds 0 (8,665,000) (2,600,000) (3,260,000) (630,000) (3,690,001) (1,600,000) (1,600,000) (1,600,000) (1,600,000) (1,600,000) Interest Earnings 346,539 260,744 310,566 252,083 282,746 270,528 260,644 250,463 239,977 229,176 Ending Balance $13,009,923 $8,691,462 $10,352,206 $8,402,772 $9,424,855 $9,017,600 $8,688,128 $8,348,772 $7,999,235 $7,639,212 $7,268,388 Annual Depreciation $4,000,000 $4,000,000 $4,000,000 $4,000,000 $4,000,000 $4,000,000 $4,000,000 $4,000,000 $4,000,000 $4,000,001 $4,000,002 Facility Fee Fund Beginning Balance $653,845 $835,565 $965,365 $1,095,165 $1,224,965 $1,361,255 $1,504,035 $1,653,305 $1,809,065 $1,971,315 $2,133,565 Addition of Funds 181,720 129,800 129,800 129,800 136,290 142,780 149,270 155,760 162,250 162,250 162,250 Use of Funds 0 0 0 0 0 0 0 0 0 0 0 Ending Balance $835,565 $965,365 $1,095,165 $1,224,965 $1,361,255 $1,504,035 $1,653,305 $1,809,065 $1,971,315 $2,133,565 $2,295,815 Vehicle Reserve Beginning Balance $2,084,418 $1,675,168 $1,524,943 $383,828 $810,738 $594,774 $1,314,115 $1,828,984 $1,973,252 $2,533,108 $3,463,584 Addition of Funds 925,000 588,000 676,000 777,000 800,000 824,000 849,000 874,000 900,000 900,000 900,000 Fund From Trade in of Vehicles 35,250 16,450 20,885 29,035 18,020 15,045 27,825 23,900 30,475 30,476 30,477 Use of Funds (1,369,500) (754,675) (1,838,000) (379,125) (1,033,984) (119,704) (361,956) (753,632) (370,619) 0 0 Ending Balance $1,675,168 $1,524,943 $383,828 $810,738 $594,774 $1,314,115 $1,828,984 $1,973,252 $2,533,108 $3,463,584 $4,394,061 8/29/2025 Draft Truckee Donner PUD Page 8 of 19 Page 130 of 141 Truckee Donner PUD Electric Rate Study Page 1 of 2 Revenue Requirement Exhibit 5-Capital Improvement Plan FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Emergency Storm Damage,Car v.Poles/padmounted equipment,etc. $150,000 $154,500 $159,135 $163,909 $168,826 $173,891 $179,108 $184,481 $190,016 $195,716 Planned Pole Replacements Pole Replacements 100,000 103,000 106,090 109,273 112,551 115,927 119,405 122,987 126,677 130,477 System Reliability/Capacity/Wildfire Mitigation Rebuild and Hardening of 6 miles of OH per year 6,000,000 6,180,000 6,365,400 6,556,362 6,753,053 6,955,644 7,164,314 7,379,243 7,600,620 7,828,639 System Reliability/Regulatory Compliance 1,500,000 3,153,001 4,076,000 5,091,001 6,196,999 9,384,000 Capital Maintenance&System Upgrades Protection Device Upgrades 300,000 500,000 515,000 530,450 546,364 562,754 579,637 597,026 614,937 633,385 Major Projects Freeway,River,Railroad Crossing Rebuilds 100,000 300,000 0 0 300,000 309,000 318,270 327,818 337,653 347,782 Battery Energy Storage System 0 0 2,000,000 2,000,000 0 0 0 0 0 0 Martis Valley Substation Rebuild 2026 Scope of Rebuild Project 3,000,000 0 0 0 0 0 0 0 0 0 SCADA&Grid Technology Pole Line Sensors 1,000,000 1,030,000 1,060,900 1,092,727 1,125,509 220,000 226,600 233,398 240,400 247,612 New Business/Joint Projects Town of Truckee School St.E St.Undergrounding 50,000 500,000 515,000 530,450 546,364 562,754 579,637 597,026 614,937 633,385 Capital Equipment/Tools Procurement of specialized tools or tools over$10k 50,000 51,500 53,045 54,636 56,275 57,964 59,703 61,494 63,339 65,239 Meter Replacement&AMI Upgrades Annual Meter Replacement Costs 10,000 10,000 20,000 20,000 0 0 0 0 0 10,000 AMI Meter Replacements Beginning in 2030 0 0 0 0 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 0 SCADA Reliability Improvement Projects-Fiber SCADA Reliability Improvement Projects-Fiber 2,750,000 0 2,000,000 0 2,000,000 0 0 0 0 0 Contingency Contingency 250,000 258,000 265,430 272,193 281,059 289,065 297,326 305,526 314,422 323,765 District Building/Land District Building EV Charging Infrastructure Upgrades 300,000 0 0 0 0 0 0 0 0 0 District Building Tire Storage Unit with Racking 15,000 0 0 0 0 0 0 0 0 0 District Building Other/Contingency 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 Land/Building(Capital Reserve) 2,500,000 2,500,000 0 0 0 0 0 0 0 0 Misc. Information Technology Projects 740,000 519,000 262,000 183,000 474,000 335,000 266,000 187,000 491,000 315,000 Vehicle Reserves Expenditures 754,675 1,838,000 379,125 1,033,984 119,704 361,956 753,632 370,619 481,176 356,817 --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- Total Electric Capital Projects $13,203,300 $18,169,675 $14,044,000 $13,801,125 $12,646,984 $16,083,705 $15,196,956 $16,719,632 $17,557,619 $19,372,176 $20,571,817 Transfer to Capital Reserve $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 0 Less:Uncompleted Capital Projects $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Capital Improvements $13,203,300 $18,169,675 $14,044,000 $23,801,225 $12,646,984 $16,083,705 $15,196,956 $16,719,632 $27,557,619 $19,372,176 $20,571,817 8/29/2025 Draft Truckee Donner PUD Page 9 of 19 Page 131 of 141 Truckee Donner PUD Electric Rate Study Page 2 of 2 Revenue Requirement Exhibit 5-Capital Improvement Plan FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Notes Funding Sources Operating Reserve $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sum OR Debt Proceeds 6,500,000 0 0 0 0 0 0 0 0 0 0 Capital Reserve 0 8,665,000 2,600,000 3,260,000 630,000 3,690,001 1,600,000 1,600,000 1,600,000 1,600,000 1,600,000 Sum CR Information Technology 0 740,000 519,000 262,000 183,000 474,000 335,000 266,000 187,000 491,000 315,000 Vehicle Reserve 0 754,675 1,838,000 379,125 1,033,984 119,704 361,956 753,632 370,619 481,176 356,817 Facility Fees 0 0 0 0 0 0 0 0 0 0 0 Grants 0 0 0 0 0 0 0 0 0 0 0 Existing Debt Proceeds 0 0 0 0 0 0 0 0 0 0 0 New Revenue Bond 0 0 0 0 0 0 0 0 0 0 0 New Low Interest Loan 0 0 0 0 0 0 0 0 0 0 0 Total Funding Sources $6,500,000 $10,159,675 $4,957,000 $3,901,125 $1,846,984 $4,283,705 $2,296,956 $2,619,632 $2,157,619 $2,572,176 $2,271,817 Rate Funded Capital $6,703,300 $8,010,000 $9,087,000 $9,900,000 $10,800,000 $11,800,000 $12,900,000 $14,100,000 $15,400,000 $16,800,000 $18,300,000 8/29/2025 Draft Truckee Donner PUD Page 10 of 19 Page 132 of 141 RPR_HDR Page 1 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total Permanent Residents Customer Charge $/Mo. $/Mo. 01-Security Lights $20.00 $20.00 13 13 13 13 13 13 13 13 13 13 13 13 13 P-10 $24.53 $24.53 5,251 5,260 5,262 5,258 5,251 5,244 5,245 5,263 5,269 5,276 5,285 5,289 5,263 P-12 $12.27 $12.27 4 4 4 4 4 4 4 4 4 4 4 4 4 99-Solar Panels $0.00 $0.00 5 5 5 5 5 5 5 5 5 5 5 5 5 P-lox $24.53 $24.53 0 0 0 0 1 1 1 1 18 26 30 31 9 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Total#Customers 5,273 5,282 5,284 5,280 5,274 5,267 5,268 5,286 5,309 5,324 5,337 5,342 5,294 Customer Charge Revenue $129,116 $129,337 $129,386 $129,288 $129,141 $128,969 $128,993 $129,435 $129,999 $130,367 $130,686 $130,809 $1,555,526 Energy Charge $/kWh $/kWh 01-Security Lights $0.0000 $0.0000 10,715 10,715 10,715 10,715 10,715 10,647 10,647 10,640 10,613 10,579 10,579 10,579 127,863 P-10 $0.1486 $0.1486 5,128,858 5,525,815 5,095,073 4,512,089 3,500,332 3,386,983 2,894,790 3,339,243 2,827,397 2,751,852 3,672,446 4,195,325 46,830,205 P-12 $0.1486 $0.1486 6,593 8,462 8,245 6,767 4,205 3,381 2,713 3,415 3,349 2,926 4,546 6,087 60,689 99-Solar Panels $0.0000 $0.0000 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Total kWh 5,146,167 5,544,993 5,114,034 4,529,571 3,515,252 3,401,011 2,908,151 3,353,298 2,841,360 2,765,357 3,687,571 4,211,992 47,018,757 Energy Charge Revenue $763,128 $822,394 $758,353 $671,502 $520,774 $503,808 $430,569 $496,719 $420,649 $409,360 $546,401 $624,330 $6,967,987 Demand kW 26,832 27,924 27,353 26,610 25,459 24,457 23,337 23,086 23,337 23,429 24,789 25,851 25,205 Total Permanent Residents Revenue $892,244 $951,731 $887,739 $800,790 $649,915 $632,777 $559,562 $626,154 $550,648 $539,727 $677,087 $755,139 $8,523,512 Non-Permanent Residents Customer Charge $/Mo. $/Mo. S-10 $24.53 $24.53 8,028 8,023 8,020 8,030 8,051 8,053 8,064 8,049 8,049 8,056 8,053 8,057 8,044 5-12 $12.27 $12.27 4 4 4 4 4 4 4 4 4 4 4 4 4 S-10x $24.53 $24.53 6 6 6 6 6 6 6 6 6 6 6 6 6 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Total#Customers 8,038 8,033 8,030 8,040 8,061 8,063 8,074 8,059 8,059 8,066 8,063 8,067 8,054 $197,123 $197,000 $196,927 $197,172 $197,687 $197,736 $198,006 $197,638 $197,638 $197,810 $197,736 $197,834 $2,370,309 Energy Charge $/kWh $/kWh 5-10 $0.169 $0.169 5,775,630 5,605,586 5,564,315 4,730,671 3,165,046 2,961,635 3,005,071 3,546,366 2,733,103 2,437,003 3,456,711 4,199,261 47,180,398 5-12 $0.169 $0.169 473 297 766 524 351 719 846 1,031 681 626 228 271 6,813 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Total kWh 5,776,102 5,605,883 5,565,081 4,731,195 3,165,397 2,962,354 3,005,917 3,547,397 2,733,784 2,437,629 3,456,939 4,199,532 47,187,211 Energy Charge Revenue $1,224,534 $1,188,447 $1,179,797 $1,003,013 $671,064 $628,019 $637,254 $752,048 $579,562 $516,777 $732,871 $890,301 $10,003,689 Demand kW 27,427 28,182 28,623 26,515 22,476 23,166 25,323 26,072 24,288 21,688 23,301 24,242 25,109 Total Non-Permanent Residents Revenue $1,421,657 $1,385,448 $1,376,724 $1,200,186 $868,751 $825,755 $835,261 $949,686 $777,200 $724,587 $930,607 $1,088,135 $12,373,998 8/29/2025 Draft Truckee Donner PUD Page 11 of 19 Page 133 of 141 RPR_HDR Page 2 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total Small Commercial _ 02 Public Aurthority $/Mo. $/Mo. Customer Charge $33.06 $33.06 4 4 4 4 4 4 4 4 4 4 4 4 4 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $132 $132 $132 $132 $132 $132 $132 $132 $132 $132 $132 $132 $1,587 Energy Charge $0.188 $0.188 2,951 2,951 2,951 2,951 2,951 2,951 2,951 2,951 2,951 2,951 2,951 2,951 35,416 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $556 $556 $556 $556 $556 $556 $556 $556 $556 $556 $556 $556 $6,672 Demand kW 4 4 4 4 4 4 4 4 4 4 4 4 4 Total02 Public Aurthority Revenue $688 $688 $688 $688 $688 $688 $688 $688 $688 $688 $688 $688 $8,259 13 New Construction $/Mo. $/Mo. Customer Charge $33.06 $33.06 19 17 17 17 18 18 23 26 23 20 19 17 20 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $628 $562 $562 $562 $595 $595 $760 $860 $760 $661 $628 $562 $7,736 Energy Charge $0.1884 $0.1884 5,716 7,438 8,517 6,347 3,702 2,668 2,918 3,621 3,198 2,622 9,492 15,969 72,207 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $1,077 $1,401 $1,605 $1,196 $698 $503 $550 $682 $602 $494 $1,788 $3,009 $13,604 Demand kW 67 69 54 45 49 39 44 45 46 41 52 95 54 Total13 New Construct Revenue $1,705 $1,963 $2,167 $1,758 $1,293 $1,098 $1,310 $1,542 $1,363 $1,155 $2,416 $3,571 $21,340 15&15x Small Commercial $/Mo. $/Mo. Customer Charge $33.06 $33.06 1,282 1,283 1,295 1,296 1,298 1,299 1,300 1,304 1,302 1,301 1,301 1,302 1,297 ------------ ------------- ------------- ------------- ------------- ------------- ------------- ------------ ------------- ------------- ------------- ----------- ------------ Customer Charge Revenue $42,383 $42,416 $42,813 $42,846 $42,912 $42,945 $42,978 $43,110 $43,044 $43,011 $43,011 $43,044 $514,513 Energy Charge $0.188 $0.188 2,312,815 2,505,666 2,359,964 2,162,163 1,749,910 1,864,491 1,830,623 2,174,846 1,856,552 1,659,597 1,926,124 1,953,020 24,355,773 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $435,734 $472,067 $444,617 $407,352 $329,683 $351,270 $344,889 $409,741 $349,774 $312,668 $362,882 $367,949 $4,588,628 Demand kW 6,429 6,537 6,184 6,058 5,874 6,127 6,000 6,365 6,250 5,917 6,057 6,032 6,152 Total 15&15x Small C Revenue $478,117 $514,483 $487,430 $450,197 $372,595 $394,215 $387,867 $452,851 $392,819 $355,679 $405,893 $410,993 $5,103,140 8/29/2025 Draft Truckee Donner PUD Page 12 of 19 Page 134 of 141 RPR_HDR Page 3 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total G16 Federal Government $/MO. $/Mo. Customer Charge $33.06 $33.06 10 10 10 10 10 10 10 10 10 10 10 10 10 ------------- ------------- ------------- -------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -------- ------------- Customer Charge Revenue $331 $331 $331 $331 $331 $331 $331 $331 $331 $331 $331 $331 $3,967 Energy Charge $0.188 $0.188 31,453 30,543 29,888 27,638 25,731 28,492 27,827 34,132 27,985 25,576 26,831 26,138 342,235 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $5,926 $5,754 $5,631 $5,207 $4,848 $5,368 $5,243 $6,430 $5,272 $4,819 $5,055 $4,924 $64,477 Demand kW 61 65 67 68 74 73 83 82 83 74 77 69 73 Total G16 Federal Gave Revenue $6,256 $6,085 $5,962 $5,538 $5,178 $5,699 $5,573 $6,761 $5,603 $5,149 $5,385 $5,255 $68,444 16 Public Authority $/Mo. $/Mo. Customer Charge $33.06 $33.06 199 199 199 198 197 196 196 196 197 198 199 199 198 ------------- ------------- -------- ----------- ------------- ------------- ------------- ------------- ------------- ------------- ------- ------------- ------------- Customer Charge Revenue $6,579 $6,579 $6,579 $6,546 $6,513 $6,480 $6,480 $6,480 $6,513 $6,546 $6,579 $6,579 $78,451 Energy Charge $0.188 $0.188 423,616 445,870 417,497 381,576 316,549 326,925 295,560 334,166 292,531 280,422 338,252 365,510 4,218,474 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $79,809 $84,002 $78,656 $71,889 $59,638 $61,593 $55,684 $62,957 $55,113 $52,831 $63,727 $68,862 $794,761 Demand kW 809 765 816 800 44 47 40 47 35 32 48 54 295 Total 16 Public Author Revenue $86,388 $90,581 $85,235 $78,435 $66,151 $68,072 $62,163 $69,437 $61,626 $59,377 $70,306 $75,441 $873,212 17 Water Pump $/Mo. $/Mo. Customer Charge $33.06 $33.06 33 33 33 33 33 33 33 33 32 32 32 32 33 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $1,091 $1,091 $1,091 $1,091 $1,091 $1,091 $1,091 $1,091 $1,058 $1,058 $1,058 $1,058 $12,960 Energy Charge $0.188 $0.188 93,100 83,210 81,177 72,939 55,375 63,870 68,895 78,657 65,617 55,828 56,464 69,557 844,689 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $17,540 $15,677 $15,294 $13,742 $10,433 $12,033 $12,980 $14,819 $12,362 $10,518 $10,638 $13,105 $159,139 Demand kW 369 353 350 342 333 354 400 380 391 394 447 360 373 Total 17 Water Pump Revenue $18,631 $26,768 $16,385 $14,833 $11,524 $13,124 $14,071 $15,910 $13,420 $11,576 $11,696 $14,162 $172,099 8/29/2025 Draft Truckee Donner PUD Page 13 of 19 Page 135 of 141 RPR_HDR Page 4 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total 18&18A Public Buildings $/Mo. $/Mo. Customer Charge $0.00 $0.00 11 11 11 11 11 11 11 11 11 11 9 8 11 ------------- ------------- ------- -------- ------------- ------------- ------------- ------------- ------------- ------------- ------------ ------------ -------- Customer Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Energy Charge $0.000 $0.000 20,934 22,931 21,363 16,098 12,533 12,044 10,084 10,562 9,782 9,073 12,865 14,255 172,523 ------------ ------------- ------- ------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ---------- -------- Energy Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Demand kW 58 67 71 52 48 54 49 49 51 41 50 58 54 Total IS&SSA Public Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Small Commercial $591,786 $630,569 $597,867 $551,448 $457,429 $482,896 $471,673 $547,189 $475,518 $433,625 $496,384 $510,111 $6,246,494 Medium Commercial M 20 Medium Commercial General $/Mo. $/Mo. Customer Charge $272.84 $272.84 42 42 42 42 42 42 41 41 41 41 41 41 42 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $12,834 $12,834 $12,834 $12,834 $12,834 $12,834 $12,529 $12,529 $12,529 $12,529 $12,529 $12,529 $75,173 $/kWh $/kWh Energy Charge $0.126 $0.126 1,225,889 1,376,714 1,300,071 1,187,421 944,879 1,039,169 901,548 1,051,043 878,941 788,745 891,860 1,051,671 12,637,950 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $154,094 $173,053 $163,419 $149,259 $118,771 $130,623 $113,325 $132,116 $110,483 $99,145 $112,107 $132,195 $1,588,590 $/kW $/kW Demand Charge $14.93 $14.93 2,922 2,733 2,658 3,576 2,949 3,113 2,849 2,791 2,670 2,363 2,676 3,184 34,486 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue $43,627 $40,809 $39,689 $53,397 $44,034 $46,476 $42,541 $41,666 $39,867 $35,283 $39,959 $47,534 $514,880 Total20 Medium Commercial Revenue $210,555 $226,696 $215,942 $215,490 $175,640 $189,934 $168,394 $186,310 $162,878 $146,957 $164,595 $192,257 $2,255,649 21 Water Pumps $/Mo. $/Mo. Customer Charge $272.84 $272.84 11 11 11 11 11 11 11 11 11 11 11 11 11 ------------- ------------- ------------- ------------- -- --------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $3,361 $20,168 $/kWh $/kWh Energy Charge $0.126 $0.126 158,517 146,657 119,993 147,533 116,225 203,733 330,337 367,407 273,171 213,535 238,348 127,195 2,442,651 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $19,926 $18,435 $15,083 $18,545 $14,609 $25,609 $41,523 $46,183 $34,338 $26,841 $29,960 $15,988 $307,041 $/kW $/kW Demand Charge $14.93 $14.93 918 910 918 908 992 1,203 1,311 1,218 1,209 1,166 1,212 964 12,928 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue $13,701 $13,591 $13,705 $13,550 $14,817 $17,962 $19,572 $18,185 $18,044 $17,403 $18,089 $14,396 $193,017 Total21 Water Pumps Revenue $36,988 $35,387 $32,150 $35,457 $32,788 $46,933 $64,457 $67,730 $55,743 $47,606 $51,410 $33,746 $540,395 8/29/2025 Draft Truckee Donner PUD Page 14 of 19 Page 136 of 141 RPR_HDR Page 5 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total 22 Public Buildings $/Mo. $/Mo. Customer Charge $0.00 $0.00 1 1 1 1 1 1 1 1 1 1 1 1 1 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $/kWh $/kWh Energy Charge $0.000 $0.000 41,658 45,614 44,254 39,062 30,450 31,027 27,731 31,604 28,143 25,506 31,975 35,189 412,215 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $/kW $/kW Demand Charge $0.00 $0.00 97 93 99 96 86 74 68 70 46 58 76 89 953 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total22 Public Buildings Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 23 Public Authorities $/Mo. $/Mo. Customer Charge $272.84 $272.84 17 17 17 17 17 17 17 17 17 17 17 17 17 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $5,195 $31,169 $/kWh $/kWh Energy Charge $0.126 $0.126 574,212 619,188 583,792 518,833 447,795 475,753 407,579 472,601 418,869 425,009 515,701 527,836 5,987,169 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $72,178 $77,832 $73,383 $65,217 $56,288 $59,802 $51,233 $59,406 $52,652 $53,424 $64,824 $66,349 $752,587 $/kW $/kW Demand Charge $14.93 $14.93 1,306 1,317 1,301 1,300 1,213 1,189 1,158 1,137 1,189 1,181 1,310 1,370 14,972 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue $19,501 $19,666 $19,429 $19,408 $18,108 $17,754 $17,282 $16,981 $17,749 $17,639 $19,552 $20,456 $223,525 Total23 Public Authorities Revenue $96,875 $102,693 $98,007 $89,820 $79,591 $82,751 $73,710 $81,582 $75,595 $76,258 $89,570 $92,000 $1,038,450 Total Medium Commercial Revenue $344,428 $364,775 $346,099 $340,766 $288,020 $319,617 $306,560 $335,622 $294,217 $270,821 $305,576 $318,003 $3,834,494 8/29/2025 Draft Truckee Donner PUD Page 15 of 19 Page 137 of 141 RPR_HDR Page 6 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total Large Commercial 25 Large Commercial General $/Mo. $/Mo. Customer Charge 1196.79 1196.79 4 4 4 4 4 4 4 5 5 5 5 5 4 Customer Charge Revenue $4,787 $4,787 $4,787 $4,787 $4,787 $4,787 $4,787 $5,984 $5,984 $5,984 $5,984 $5,984 $63,430 $/kWh $/kWh Energy Charge $0.134 $0.134 430,206 473,792 472,545 462,430 361,661 473,461 451,118 709,718 652,727 602,321 668,841 331,798 6,090,618 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $57,777 $63,630 $63,463 $62,104 $48,571 $63,586 $60,585 $95,315 $87,661 $80,892 $89,825 $44,560 $817,970 $/kW $/kW Demand Charge $14.40 $14.40 2,071 1,845 1,965 2,138 2,218 2,994 3,230 3,630 3,805 4,268 3,961 3,933 36,060 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue Demand Charge Revenue $29,827 $26,575 $28,301 $30,793 $31,944 $43,113 $46,515 $52,268 $54,798 $61,452 $57,043 $56,638 $519,267 Total25 Large Commercial Revenue $92,391 $94,992 $96,550 $97,685 $85,302 $111,486 $111,887 $153,567 $148,444 $148,328 $152,852 $107,182 $1,400,667 26 Water Pumps $/Mo. $/Mo. Customer Charge 1196.79 1196.79 5 5 5 5 5 5 5 5 5 6 6 6 5 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $5,984 $5,984 $5,984 $5,984 $5,984 $5,984 $5,984 $5,984 $5,984 $7,181 $7,181 $7,181 $75,398 $/kWh $/kWh Energy Charge $0.134 $0.134 247,930 211,794 189,625 168,941 174,256 276,156 463,556 545,266 325,478 281,101 241,461 138,943 3,264,507 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $33,297 $28,444 $25,467 $22,689 $23,403 $37,088 $62,256 $73,229 $43,712 $37,752 $32,428 $18,660 $438,423 $/kW $/kW Demand Charge $14.40 $14.40 1,037 725 722 719 729 1,276 1,268 1,266 1,264 1,138 1,209 570 11,923 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue Demand Charge Revenue $14,939 $10,445 $10,402 $10,349 $10,490 $18,370 $18,253 $18,233 $18,199 $16,392 $17,414 $8,206 $171,691 Total26 Water Pumps Revenue $54,220 $44,873 $41,853 $39,021 $39,877 $61,441 $86,492 $97,446 $67,894 $61,324 $57,023 $34,047 $685,512 8/29/2025 Draft Truckee Donner PUD Page 16 of 19 Page 138 of 141 RPR_HDR Page 7 of 7 Electric Rate Study Revenue Requirement Exhibit 6-Revenue at Present Rates Effective FY 2026 1.1.2024 1.1.2024 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Total 27 Public Authority $/Mo. $/Mo. Customer Charge 1196.79 1196.79 6 6 6 6 6 6 6 6 6 6 6 6 6 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Customer Charge Revenue $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $7,181 $86,169 $/kWh $/kWh Energy Charge $0.134 $0.134 1,325,730 1,307,950 1,249,603 1,202,135 1,067,766 1,250,057 1,229,392 1,367,058 1,125,988 1,039,231 1,156,254 1,125,267 14,446,432 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Energy Charge Revenue $178,045 $175,658 $167,822 $161,447 $143,401 $167,883 $165,107 $183,596 $151,220 $139,569 $155,285 $151,123 $1,940,156 $/kW $/kW Demand Charge $14.40 $14.40 2,513 2,534 2,407 2,467 2,453 2,537 2,750 2,779 2,662 2,484 2,415 2,478 30,479 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Demand Charge Revenue Demand Charge Revenue $36,181 $36,491 $34,662 $35,528 $35,320 $36,529 $39,601 $40,014 $38,332 $35,771 $34,772 $35,689 $438,891 Total 27 Public Authority Revenue $221,407 $219,329 $209,665 $204,155 $185,902 $211,593 $211,889 $230,791 $196,733 $182,521 $197,237 $193,993 $2,465,216 Total Large Commercial Revenue $368,018 $359,194 $348,068 $340,862 $311,080 $384,520 $410,269 $481,804 $413,071 $392,173 $407,113 $335,222 $4,551,395 EV Charging Stations Customer Charge $/Mo. $/Mo. Small Com.15 $37.03 $37.03 3 3 3 3 3 3 3 3 3 3 3 3 3 Medium Com.20 $305.58 $305.58 1 1 1 1 1 1 1 1 1 1 1 1 1 Large Com.25 $1,340.40 $1,340.40 5 5 5 5 5 5 5 5 5 5 5 5 5 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 9 9 9 9 9 9 9 9 9 9 9 9 9 Customer Charge Revenue $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $7,119 $85,424 Energy Charge $/kWh $/kWh Small Com.15 $0.1021 $0.1021 605 4,285 6,349 1,356 582 557 571 566 558 578 586 1,575 18,170 Medium Com.20 $0.1408 $0.1408 7,014 8,297 7,583 7,776 7,882 14,181 15,098 11,955 7,551 7,293 5,745 11,392 111,768 Large Com.25 $0.1408 $0.1408 361,713 362,175 329,778 285,008 248,606 325,236 479,352 379,598 269,276 199,384 209,588 334,878 3,784,593 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 369,332 374,758 343,711 294,140 257,070 339,974 495,021 392,119 277,385 207,256 215,919 347,846 3,914,530 Energy Charge Revenue $51,979 $52,600 $48,149 $41,362 $36,173 $47,847 $69,677 $55,188 $39,034 $29,159 $30,379 $48,916 $550,463 Demand Charge $/kW $/kW Small Com.15 $0.00 $0.00 16 26 26 26 15 15 15 15 15 15 31 29 247 Medium Com.20 $16.72 $16.72 101 125 114 104 108 120 118 112 100 104 126 126 1,359 Large Com.25 $16.13 $16.13 2,181 2,488 2,567 2,251 1,866 1,924 2,419 2,194 1,945 1,208 1,703 2,131 24,877 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 2,297 2,639 2,707 2,382 1,989 2,060 2,552 2,322 2,060 1,328 1,860 2,287 26,483 Demand Charge Revenue $36,862 $42,216 $43,312 $38,059 $31,900 $33,041 $40,985 $37,267 $33,041 $21,228 $29,585 $36,493 $423,989 Load Factor 5.22 23.39 32.67 7.19 5.05 5.00 4.96 4.92 5.00 5.02 2.66 7.19 Total EV Charging Stat Revenue $95,959 $101,934 $98,579 $86,541 $75,191 $88,007 $117,780 $99,574 $79,194 $57,506 $67,083 $92,527 $1,059,876 8/29/2025 Draft Truckee Donner PUD Page 17 of 19 Page 139 of 141 Truckee Donner PUD Electric Rate Study Revenue Requirement Exhibit 9-Purchased Power Forecast-Annual FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 kW Noncoincident Demand(TDPUD coincident peak) 36,000 36,932 37,855 38,801 39,771 40,766 41,785 42,830 43,900 44,998 46,123 47,276 As Demand G SPPC Coincident Demand 28,494 29,473 30,210 30,965 31,740 32,533 33,346 34,180 35,034 35,910 36,808 37,728 As Demand G kWh Total Metered kWh 18,739,985 17,667,986 18,109,686 18,562,428 19,026,489 19,502,151 19,989,705 20,489,447 21,001,683 21,526,726 22,064,894 22,616,516 As Demand G Transmission Losses 2,994,958 3,010,671 3,085,938 3,163,086 3,242,163 3,323,217 3,406,298 3,491,455 3,578,742 3,668,210 3,759,915 3,853,913 As Demand G Gross,Metered plus Transmission Losses 190,457,551 183,018,470 187,593,932 192,283,780 197,090,875 202,018,147 23,396,003 23,980,903 24,580,425 25,194,936 #N/A #N/A Retail Sales 168,496,997 169,380,994 173,615,519 177,955,907 182,404,804 186,964,925 191,639,048 196,430,024 201,340,774 206,374,294 211,533,651 216,821,992 As Demand G %Transmission Losses Load Factor(NCP) 69.97 64.30 64.30 64.30 64.30 64.30 64.30 64.30 64.30 64.30 64.30 64.30 Load Factor(CP) 88.40 80.57 80.57 80.57 80.57 80.57 80.57 80.57 80.57 80.57 80.57 80.57 Enerav Stampede Generation(Hydro,3,650 kW) Energy Rate($/mWh) $49.09 $78.00 $79.00 $80.00 $85.20 $90.74 $96.64 $102.92 $109.61 $116.73 $124.32 $132.40 As Purchased R mWh 8,474 8,519 8,732 81950 9,174 9,403 9,638 9,879 10,126 10,379 10,639 10,905 As Demand G Energy Charge $420,316 $664,454 $689,797 $715,991 $781,594 $853,208 $931,383 $1,016,721 $1,109,878 $1,211,570 $1,322,581 $1,443,762 UAMPS Energy Rate($/mWh) $88.28 $78.00 $79.00 $80.00 $85.20 $90.74 $96.64 $102.92 $109.61 $116.73 $124.32 $132.40 As Purchased R mWh 174,445 175,360 179,744 184,238 188,844 193,565 198,404 203,364 208,448 213,659 219,001 224,476 As Demand G Energy Charge $15,453,400 $13,678,096 $14,199,792 $14,739,025 $16,089,488 $17,563,687 $19,172,960 $20,929,683 $22,847,365 $24,940,755 $27,225,951 $29,720,529 Renewable Energy Credits Renewable paid for by cc 0 0 0 0 0 0 0 0 0 0 0 0 As RenewablE Truckee Carson Irrigation District(Hydro) Energy Rate($/mWh) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 As Purchased P mWh 0 0 0 0 0 0 0 0 0 0 0 0 As Demand Energy Charge $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Energy Charges $15,873,716 $14,342,549 $14,889,589 $15,455,016 $16,871,082 $18,416,895 $20,104,343 $21,946,403 $23,957,243 $26,152,325 $28,548,532 $31,164,291 8/29/2025 Draft Truckee Donner PUD Page 18 of 19 Page 140 of 141 Truckee Donner PUD Electric Rate Study Revenue Requirement Exhibit 9-Purchased Power Forecast-Annual Energy Charge $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Energy Charges $15,873,716 $14,342,549 $14,889,589 $15,455,016 $16,871,082 $18,416,895 $20,104,343 $21,946,403 $23,957,243 $26,152,325 $28,548,532 $31,164,291 Transmission(NV Energy) kW 256,967 258,252 264,708 271,326 278,109 285,062 292,188 299,493 306,980 314,655 322,521 330,584 As Demand G Rate/MW $2.47 $2.56 $2.72 $2.90 $3.09 $3.29 $3.50 $3.73 $3.97 $4.23 $4.51 $4.80 As Purchased P, Schedule 7`Network Transmission Service MW 256,967 258,252 264,708 271,326 278,109 285,062 292,188 299,493 306,980 314,655 322,521 330,584 As Demand G _____________ _____________ ------------- _____________ _____________ _____________ _____________ _____________ _____________ ______------- Cost $634,708 $660,208 $720,699 $786,734 $858,818 $937,507 $1,023,406 $1,117,176 $1,219,537 $1,331,277 $1,453,256 $1,586,410 Rate/MW $85.00 $87.98 $93.69 $99.78 $106.27 $113.18 $120.53 $128.37 $136.71 $145.60 $155.06 $165.14 As Purchased P, Schedule 1 Scheduling Sys Ctrl& Dispatch MW 257 258 265 271 278 285 292 299 307 315 323 331 As Demand G Cost $21,842 $22,720 $24,801 $27,074 $29,554 $32,262 $35,218 $38,445 $41,968 $45,813 $50,011 $54,593 Rate/MW $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0 0 As Purchased P Schedule 2 Reactive Supply& Voltage Cntl MW 0 0 0 0 0 0 0 0 0 0 0 0 As Demand G Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0 $0 Rate/MW $6,974.00 $ 7,218.09 $ 7,687.27 $ 8,186.94 $ 8,719.09 $ 9,285.83 $ 9,889.41 $ 10,532.22 $ 11,216.81 $ 11,945.91 12,722 13,549 As Purchased P, Schedule 3 Reg&Freq Response MW 3 3 3 3 3 3 3 3 3 3 4 4 As Demand G Cost $ 19,712.97 $ 20,504.93 $ 22,383.70 $ 24,434.61 $ 26,673.43 $ 29,117.38 $31,785 $34,698 $37,877 $41,347 $45,136 $49,271 Rate/MW $6,974.00 $ 7,218.09 $ 7,687.27 $ 8,186.94 $ 8,719.09 $ 9,285.83 $ 9,889.41 $ 10,532.22 $ 11,216.81 $ 11,945.91 12,722 13,549 As Purchased P, Schedule 5 Op Res Spinning MW 4 4 4 4 4 4 4 4 5 5 5 5 As Demand G Cost $ 26,881.32 $ 27,961.27 $ 30,523.23 $ 33,319.92 $ 36,372.85 $ 39,705.52 $43,344 $47,315 $51,650 $56,383 $61,549 $67,188 Rate/MW $6,130.00 $ 6,344.55 $ 6,756.95 $ 7,196.15 $ 7,663.90 $ 8,162.05 $ 8,692.58 $ 9,257.60 $ 9,859.35 $ 10,500.20 11,183 11,910 As Purchased P Schedule 6 Op Res Supplemental MW 4 4 4 4 4 4 4 4 5 5 5 5 As Demand G Cost $ 23,628.12 $ 24,577.38 $ 26,829.28 $ 29,287.51 $ 31,970.98 $ 34,900.32 $38,098 $41,589 $45,399 $49,559 $54,100 $59,057 Transmission Charges Subtotal $726,773 $755,971 $825,237 $900,849 $983,390 $1,073,493 $1,171,852 $1,279,222 $1,396,431 $1,524,379 $1,664,051 $1,816,519 EIM/EDAM Billings $426,311 $0 $0 50 $0 $0 Total Transmission Charges $1,153,084 $755,971 $825,237 $900,849 $983,390 $1,073,493 $1,171,852 $1,279,222 $1,396,432 $1,524,379 $1,664,051 $1,816,519 Misc Costs:WECC,WREGIC etc(Monthly ABS Bill) 27,704 0 0 0 0 0 Total Power Charges $17,054,504 $15,098,520 $15,714,826 $16,355,866 $17,854,472 $19,490,388 $21,276,195 $23,225,626 $25,353,674 $27,676,704 $30,212,582 $32,980,810 8/29/2025 Draft Truckee Donner PUD Page 19 of 19 Page 141 of 141