HomeMy WebLinkAboutAgenda Packet 2025-10-15 Board of Directors General Manager
Jeff Bender • Brian C. Wright
Christa Finn Executive Leadership
Tony Laliotis Chad J. Reed
Courtney Murrell Mike Swanson
Steve Randall REGULAR BOARD MEETING Michael Salmon
11570 DONNER PASS ROAD, TRUCKEE Steven Poncelet
6:00 PM, Wednesday, October 15, 2025 Scott Crow
AGENDA 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.
CONSENT CALENDAR
These items are generally interpreted as routine in nature or the subject matter has
been previously presented to the Board for discussion. They are intended to be acted
upon without additional discussion. Any Board Member may request an item to be
removed from the Consent Calendar for discussion prior to voting on the Consent
Calendar.
7. Consideration of a Software Annual Support Contract with Darktrace
Authorize the General Manager to enter into an annual support contract with
Darktrace as a Special Services provider for the District's current Al based
cybersecurity detection and response platform for an amount not to exceed
$47,000.
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11570 Donner Pass Road,Truckee,CA 96161 Phone-530-587-3896-www.tdpud.org
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8. Consideration of an Electric Operations fleet restructuring, department transfers
and surplus disposals
a. Authorize the General Manager to execute the transfer of one (1) 2024
Chevrolet Silverado 350OHD service truck from the Electric Operations
Department to the Water Operations Department and the transfer of one (1)
Chevrolet Silverado 250OHD service truck from the Electric Operations
Department to the Facilities Department.
b. Declare vehicles 309, 343, 219, and 279 surplus and authorize the General
Manager to dispose of the units at public auction, applying the funds to the
respective Water and Electric Department Vehicle Reserve Funds.
9. Consideration of a Contract Amendment for Hirschdale Well Rehabilitation
Authorize the General Manager to execute a contract amendment with Eaton
PumpsCo., LLC in the amount of$59,955.70 for the Rehabilitation of the
Hirschdale Well project, resulting in a total not-to-exceed contract amount of
$96,836.51
10. Approval of Meeting Minutes
Consider approval of October 1, 2025 Board Meeting Minutes
WORKSHOP
11. Update on the Climate Transformation Alliance
Receive this report and provide input and direction to staff.
12. Budget FY26 and FY27 Workshop #3
Receive the information from this workshop item and provide strategic
direction to staff regarding Budget 2026 & 2027 preparations.
ADJOURNMENT
The agenda is available for review at the TDPUD Administrative Office and the District's
internet website. Posted on Friday, October 10, 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.
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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.
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AGENDA ITEM #7
Public Utility District m
MEETING DATE: October 15, 2025
TO: Board of Directors
FROM: Scott Crow, IT Director/CIO - Assistant General Manager
SUBJECT: Consideration of a Software Annual Support Contract with Darktrace
APPROVED BY.
Brian C. Wright, General Manager
RECOMMENDATION:
Authorize the General Manager to enter into an annual support contract with Darktrace
as a Special Services provider for the District's current Al based cybersecurity detection
and response platform for an amount not to exceed $47,000.
BACKGROUND:
The District currently utilizes Darktrace as an artificial intelligence cybersecurity
software that looks for security breaches within the District's network. Proactive
Cybersecurity, Detection, and Response is critical for the District to provide safe,
reliable, and affordable electric and water services. The District has standardized on
this software environment for 9 years due to in-house expertise with the product,
Darktrace's leadership in the cybersecurity detection space, and the compatibility with
other District network products.
ANALYSIS AND BODY:
As cyber threats grow increasingly sophisticated and persistent, traditional security
tools often fall short in detecting novel attack vectors. Darktrace offers a transformative
approach by leveraging self-learning artificial intelligence to autonomously monitor and
respond to threats in real time. Unlike conventional systems that rely on predefined
rules or known signatures, Darktrace continuously learns the unique digital footprint of
the District's network, enabling it to identify subtle anomalies and emerging risks before
they escalate. This proactive detection capability significantly reduces dwell time (time
an attacker is undetected) and enhances the District's resilience against ransomware,
phishing, insider threats, and advanced persistent threats.
In addition to its core threat detection capabilities, Darktrace provides automated
response functionality, which can contain threats instantly without disrupting
operations. Its integration across cloud environments, email systems, and remote work
infrastructure ensures comprehensive coverage in today's hybrid IT landscape. This
investment not only strengthens our security posture but also demonstrates a
commitment to safeguarding public trust and institutional integrity.
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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
4. Modernize the utility and add value to our communities through collaboration and
innovation.
FISCAL IMPACT:
IT Operations (GL account 1/2.9.920.00.483) with a FY25 annual budget of$480,000
includes this item. YTD September 2025 expenditures in this account are $373,709,
resulting in $106,291 remaining for Q4. The FY25 forecast is for this account not to
exceed annual budget amount of$480,000.
ATTACHMENTS:
None
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AGENDA ITEM #8
Public Utility District m
MEETING DATE: October 15, 2025
TO: Board of Directors
FROM: Brian Yohn, General Services Manager
Michael Salmon, Chief Financial Officer
SUBJECT: Consideration of an Electric Operations fleet restructuring,
department transfers and surplus disposals
APPROVED BY:
Brian C. Wright, General Manager
RECOMMENDATION:
a. Authorize the General Manager to execute the transfer of one (1) 2024 Chevrolet
Silverado 3500HD service truck from the Electric Operations Department to the Water
Operations Department and the transfer of one (1) Chevrolet Silverado 2500HD service
truck from the Electric Operations Department to the Facilities Department.
b. Declare vehicles 309, 343, 219, and 279 surplus and authorize the General Manager
to dispose of the units at public auction, applying the funds to the respective Water and
Electric Department Vehicle Reserve Funds.
BACKGROUND:
The District maintains a Vehicle Reserve Fund (Reserve Fund) for the Electric and
Water Departments. The funding for new and replacement vehicles and equipment
comes from the Vehicle Reserve Fund, which is replenished with budgeted annual
contributions from the Electric and Water Departments, plus revenue from the sale of
decommissioned vehicles and equipment sold at public auction. The Vehicle Reserve
Fund and biannual budget process help to ensure the timely purchase and replacement
of vehicles and equipment essential for the District to reliably and safely serve
customers. Upon Board approval and purchase, new vehicles are assigned an
estimated useful life where a replacement schedule for all vehicles and equipment is
used by the District for future budget development.
In 2021, Electric Operations staff presented to the Board of Directors for approval for an
organizational restructure and expansion of the Electric Operations Department. The
restructure and expansion presentation included the procurement of additional new
vehicles to accommodate the additional staffing needs. The Board approved this plan
through the budget review process.
In 2022, Electric Operations began operating with two (2) staff as Substation Lineman
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Inspectors as presented in the organizational restructure. An additional Substation
Inspector vehicle was needed. Staff presented to the Board for the approval for
procurement of a new Chevrolet Silverado 3500HD service truck. The vehicle
procurement was approved and ordered from Altec Industries, Inc. with a build window
in 2024 and 2025 delivery. This vehicle represented an approved addition to the fleet
and not a replacement for an existing vehicle.
ANALYSIS AND BODY:
Currently, Electric Operations is operating with one (1) Substation Lineman Inspector,
and the second Substation Lineman Inspector vehicle is no longer needed to support
the Electric utility.
Electric utility staff have been evaluating fleet management strategies. In collaboration
with the Water utility and Fleet Manager, staff have identified the following fleet
recommendations to adjust the overall fleet structure to better accommodate District
functions. The vehicles to get surplussed are either at end of useful life or are no
longer needed.
Recommended Interdepartmental Transfers:
• New 2024 Chevy Silverado 3500HD from Electric Fleet to Water Fleet; and
• New 2025 Chevrolet Silverado 2500HD from Electric Fleet to Facilities Fleet
Recommended Vehicle and Equipment for Surplus Disposal at Public Auction:
• Vehicle No. 309-2018 Chevrolet K1500 — Water on-call truck to be replaced with
transfer of the 2024 Chevy Silverado 3500HD;
• Vehicle No. 343-2008 Chevrolet K3500 Service Body — Facilities service truck to be
replaced with transfer of the new 2025 Chevrolet Silverado 2500HD;
• Vehicle No. 219-2016 Ford F550 SB40G Small Bucket— Replaced in October 2025
with a new 2025 Ford F550 SB40G approved and ordered in 2021; and
• Vehicle No. 279-2024 Felling FT15UPT Pole Trailer— Identified as no longer needed
by Electric Operations
This strategy offers the District the opportunity to maintain the fleet at its current size
and not add a fleet vehicle. The transfer from Electric Operations to Water Operations,
and the savings of no longer replacing a FY24/25 budgeted Water Department on-call
vehicle, creates an additional expense of$21,300 to the Water Vehicle Reserve Fund
and a savings to the Electric Vehicle Reserve Fund of $129,900.
The Facilities Department currently operates a 2008 Chevy Silverado 3500 HD service
body, which meets the criteria for useful life replacement with 116,654 miles, and 17
years of service to the District. The criteria for service body vehicle replacement are
10-12 year service life intervals and 100,000 miles. Facilities vehicle procurements are
funded utilizing Electric Vehicle Reserve Funds. Transfer of the 2025 Chevy Silverado
2500HD from the Electric Operations Department to the Facilities Department will have
no additional fiscal impact on the Electric Vehicle Reserve Fund.
Staff recommends declaring the Chevy K1500 Water on-call truck (309), Chevrolet
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K3500 Facilities truck (343), 2016 Ford F550 SB40G (219), and 2024 Felling F15UPT
pole trailer (279) as surplus for sale at public auction with proceeds from the sales
returned to the respective Water and Electric Vehicle Reserve Funds.
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.
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 fiscal impact of the Water Department procurement of the new 2024 Chevrolet
Silverado 3500HD custom body from the Electric Department is $21,300 additional cost
to the Water Vehicle Reserve Fund, and a savings to the Electric Vehicle Reserve Fund
of$129,900.
There is no additional fiscal impact on the transfer of the 2025 Chevrolet Silverado
2500HD Service Body from Electric Operations to the Facilities Department.
Vehicle Reserve balances, as of September 30, 2025 and forecast as of December 31,
2025 are as follows:
Electric - $2.68 million / $2.39 million
Water - $1.10 million / $475,000
Proceeds from the sale at public auction of the three (3) fleet vehicles and one (1)
trailer will be returned to the respective Water and Electric Departments Vehicle
Reserve Funds.
The above transactions have been factored into the FY26 FY27 budget cycle, as well
as, the respective 10-year vehicle capital expenditure plans and financial master plan.
ATTACHMENTS:
None
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AGENDA ITEM #9
Public Utility District m
MEETING DATE: October 15, 2025
TO: Board of Directors
FROM: TJ Dwyer, Water Operations Manager
Chad Reed, Water Utility Director
SUBJECT: Consideration of a Contract Amendment for Hirschdale Well
Rehabilitation
APPROVED BY:
Brian C. Wright, General Manager
RECOMMENDATION:
Authorize the General Manager to execute a contract amendment with Eaton
PumpsCo., LLC in the amount of $59,955.70 for the Rehabilitation of the Hirschdale
Well project, resulting in a total not-to-exceed contract amount of$96,836.51
BACKGROUND:
The District's water system relies on 11 active groundwater wells, all of which receive
regularly scheduled maintenance and inspection at defined intervals. Regular
maintenance extends the service life of these assets, while inspections document
changes in well conditions to ensure accurate scheduling of future maintenance. These
measures ensure both adequate water flow and high-quality water supply for
customers.
The District recently approved al 0-year Water Utility Capital Improvement Plan (CIP),
which outlines capital maintenance and improvements necessary for long-term system
reliability. One example of capital maintenance is well rehabilitation projects, which
ensure the sustainability of the District's critical pumping resources. As part of this CIP,
the Hlrschdale Well Rehabilitation contract was previously approved by the Board of
Directors on 8/20/2025 with a construction services contract in an amount not to exceed
$35,890.00.
The scope of work for the well rehabilitation contract consisted of:
• Mobilization and Demobilization;
• Purchase of a new 7.5 HP submersible pump and motor;
• Removal and installation of new District approved 7.5 HP submersible pump and
motor assembly, including approximately 370' of existing 2" diameter drop pipe,
and new 1" schedule 80 pvc sounding tube;
• Factory approved motor start-up and testing;
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• Video Log of Well;
• Well disinfection ; and
• Miscellaneous shop work and materials (not to exceed 10% of total bid)
ANALYSIS AND BODY:
Hirschdale Well is currently undergoing a comprehensive well rehabilitation which
includes a pump and motor replacement. Part of the original scope of work called for
equipment and video inspection once the underground submersible equipment is
removed. After performing both the equipment and video inspection, Eaton Pump
recommends the following:
• Replacement of 7 pieces of 2"x 21' black T&C pipe and 2" (Due to thread failure
and pitting); and
• Replace the existing check valve due to significant corrosion and wear.
Upon video inspection of the well, Eaton and District staff discovered significant
accumulation of precipitated mineral deposits and corrosion along the perforated
segments of the well column, known to cause restricted flow of water from the aquifer
into the well. To open the perforations, so water can flow unrestricted, Eaton pumps
recommend the following steps:
• Pre-brush the well to remove built-up deposits;
• Introduction of WaterSafe acid into the top of the well column while continuing to
brush, allowing the chemicals to remove deposits in both the gravel pack and
perforations and restore the perforation openings;
• Swab and airlift sediment and chemicals into a settling tank installed onsite;
• Once the PH is neutral, Eaton will pump the tank off to waste through filter
vessels to the District's approved discharge point; and
• The final step will be for Eaton to disinfect the well with a 100 PPM chlorine
solution prior to pump equipment installation;
Continued and/or increased blockage of perforations left unmaintained would continue
to reduce pumping efficiency and eventually render the well inoperable. Currently, this
well is the only permanent source of water for the Hirschdale community. Earlier this
year, the District installed a temporary, redundant waterline connecting the Glenshire
water distribution system to the Hirschdale water storage tank to neure uninterrupted
water service to the Hirschdale community. Staff is currently working on permitting,
easements and construction documents for the installation of a permanent redundant
water source pipeline to the Hirschdale distribution system.
This staff report is regarding two change orders that are detailed in a table below:
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Change Order#1
Item Cost
Pipe and Check Valve $ 990.81
Total Cost CO#1 $ 990.81
Change Order#2
Item Cost
Chemical Materials Water Safe Citric Acid $ 6,488.70
Remobilization $ 19,218.00
Chemical Rehabilitation $ 7,574.00
Development $ 24,769.00
Video Log Post Rehab $ 1,906.00
Total Cost for CO #2 $ 59,955.70
Original Not to Exceed Amount $ 35,890.00
New Total not to Exceed amount $ 96,836.51
To ensure Hirschdale Well can reliably serve its 10-year service interval, staff
recommends approval of a $59,955 change order for a combined amount of
$96,836.51
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.
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:
This original scope of this project was included in the District's approved 10-year
Capital Improvement Plan (CIP) that was established in 2020. The updated CIP
continues rehabilitating wells on a 10-year cycle.
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The Hirschdale Well Pump and Motor Replacement project was originally authorized for
a not- to -exceed amount of$35,890. With Change Order#1 and Change Order #2 the
new total not to exceed amount would be $96,836.51 . Sufficient funds remain in the
FY2025 Water Utility Capital Budget to fund this change-order. Water's capital
expenditure forecast for FY25 was prepared for the mid-year financial update and
currently remains at $4.79 million.
Water's capital expenditure budget for FY25 is $8.1 million, YTD September 2025
actual expenditures are $3.3 million and the forecast for FY25 is $4.8 million. Water's
capital reserve balance is $4.7 million as of September 30, 2025 and is forecast to be
$5.7 million as of December 31, 2025, including this agenda item.
ATTACHMENTS:
None
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AGENDA ITEM #10
Public Utility District m
MEETING DATE: October 15, 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 October 1, 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 this item.
ATTACHMENTS:
1. Minutes 2025 1001 DRAFT
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TRUCKEE DONNER PUBLIC UTILITY DISTRICT
REGULAR BOARD MEETING MINUTES
TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA
6:00 PM, WEDNESDAY, OCTOBER 1, 2025
1. Call to Order
Meeting was called to order at 6:02 p.m.
2. Roll Call
Directors Present: Jeff Bender, Courtney Murrell, Steve Randall, 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; Mike Swanson, Director of Electric Engineering &
Operations; Jared Carpenter, Director of Electric Power Supply; Steven Poncelet, Public
Information and Strategic Affairs Director; Brad Wuest, Network & Systems
Administrator; Sarah Kraker, Records/Administration Technician; Allison McEneaney,
Records/Administration Technician
Other: Steve Gross, General Counsel
3. Pledge of Allegiance
Director Bender led the Pledge of Allegiance.
4. Changes to the agenda
No changes were made to the agenda.
5. Public Comment
No public comment was received.
DIRECTOR UPDATE
6. President Finn attended a recent Climate Transformation Alliance strategic
meeting.
DEPARTMENT UPDATES
7. Department updates were received from Chad Reed, Water Utility Director;
Michael Salmon, Chief Financial Officer; Steven Poncelet, Public Information and
Strategic Affairs Director; Scott Crow, Director of IT/Chief Information
Officer/Assistant General Manager; and Jillian Steward, Director of Human
Resources & Risk Management.
PUBLIC HEARING
President Finn opened the Public Hearing at 6:44 p.m.
8. Public Hearing on the District's Workforce Vacancies, Recruitment, and Retention
Efforts
1
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TRUCKEE DONNER PUBLIC UTILITY DISTRICT
REGULAR BOARD MEETING MINUTES
TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA
6:00 PM, WEDNESDAY, OCTOBER 1, 2025
a.) Conduct a Public Hearing regarding the District's Workforce Vacancies,
Recruitment, and Retention Efforts in compliance with AB 2561; and
b.) Provide feedback to staff
Director of Human Resources & Risk Management presented the item.
No public comment was received. Discussion was held.
Public Hearing closed at 6:53 p.m.
CONSENT CALENDAR
11. Consideration for Approval of a Professional Services Contract for required
Greenhouse Gas Verification Services in accordance with the California Air
Resources Board's Mandatory Greenhouse Gas Reporting Regulation (Subarticle
4, Sections 95130 through 95133).
Authorize the General Manager to execute a professional services agreement
with Rincon Consultants, Inc. for the required Greenhouse Gas Verification
Services in accordance with the California Air Resources Board's Mandatory
Greenhouse Gas Reporting Regulation in the amount of $18,000 plus a ten
percent change order allowance of$1 ,800 for a total authorization not to
exceed $19,800.
12. Consider Approval of the Treasurer's Report, October 2025
Approve the Treasurer's Report for October 2025 which includes:
a. Fund Balances for the Month of July 2025
b. Disbursements for the Month of August 2025
13. Approval of Meeting Minutes
Consider approval of September 17, 2025 Board Meeting Minutes
14. Consideration of Resolution 2025-28, Appointing Brian Wright as District
Representative to Utah Associated Municipal Power Systems
Adopt Resolution 2025-28 appointing General Manager, Brian Wright as
District Representative to Utah Associated Municipal Power Systems, effective
immediately.
Director Randall pulled items 9 and 10.
2
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TRUCKEE DONNER PUBLIC UTILITY DISTRICT
REGULAR BOARD MEETING MINUTES
TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA
6:00 PM, WEDNESDAY, OCTOBER 1, 2025
ACTION: Motion made by Director Murrell to approve the Consent
Calendar excluding items 9 and 10, seconded by Director
Bender.
AYES: Bender, Murrell, Randall, Laliotis and Finn
NAYS: none
ABSTAIN: none
ABSENT: none
Motion passed.
Items 9 and 10 were heard separately.
9. Consideration of the Procurement for Electric Distribution Line Sensors
Authorize the General Manager to execute a Material Purchase and Service
Contract with Gridware for electric utility distribution system line sensors in an
amount not-to-exceed $770,000
Mike Swanson, Director of Electric Engineering & Operations, presented the item. No
public comment was received. Discussion was held.
ACTION: Motion made by Director Randall to approve Consideration
of the Procurement for Electric Distribution Line Sensors as
presented, seconded by Director Murrell.
AYES: Bender, Murrell, Randall, Laliotis and Finn
NAYS: none
ABSTAIN: none
ABSENT: none
Motion passed.
10. Consideration of a Construction Services Contract for Pole and Anchor Hole
Digging for Electric Utility System Hardening
Authorize the General Manager to execute a construction services contract
with R.K. Contractors in the amount of $484,210.00 for civil excavation
services to support the Electric Utility System Hardening Project.
Director of Electric Engineering & Operations presented the item. No public comment
was received. Discussion was held.
ACTION: Motion made by Director Laliotis to approve Consideration
of a Construction Services Contract for Pole and Anchor
Hole Digging for Electric Utility System Hardening as
presented, seconded by Director Bender.
AYES: Bender, Murrell, Randall, Laliotis and Finn
NAYS: none
ABSTAIN: none
3
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TRUCKEE DONNER PUBLIC UTILITY DISTRICT
REGULAR BOARD MEETING MINUTES
TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA
6:00 PM, WEDNESDAY, OCTOBER 1, 2025
ABSENT: none
Motion passed.
ACTION ITEMS
15. Consideration of Adopting Resolution 2025-26 Approving the Submission and
Attesting to the Veracity of the 2024 Power Source Disclosure Report and Power
Content Label
Adopt Resolution 2025-26 approving the submission and attesting to the
veracity of the 2024 Power Source Disclosure Report and Power Content
Label.
Jared Carpenter, Director of Power Supply, presented the item. No public comment was
received. Discussion was held.
ACTION: Motion made by Director Laliotis to adopt Resolution 2025-
26 approving submission and attesting to the veracity of the
2024 Power Source Disclosure Report and Power Content
Label as presented, seconded by Director Bender.
AYES: Bender, Murrell, Randall, Laliotis and Finn
NAYS: none
ABSTAIN: none
ABSENT: none
Motion passed.
16. Consideration of Resolution 2025-27 Authorizing the Fremont Solar and Battery
Project Transaction Schedule with UAMPS
Adopt Resolution 2025-27 authorizing TDPUD's involvement in the Fremont
Solar and Battery Project Transaction Schedule and auxiliary agreements as
needed with Utah Associated Municipal Power Systems.
Director of Power Supply presented the item. No public comment was received.
Discussion was held.
General Counsel recommended replacing "Chairman" with "President" in section 2 on
page 2 of the resolution.
ACTION: Motion made by Director Laliotis to adopt Resolution 2025-
27 as amended by General Counsel authorizing TDPUD's
involvement in the Fremont Solar and Battery Project
Transaction Schedule and auxiliary agreement as need with
UAMPS, seconded by Director Murrell.
AYES: Bender, Murrell, Randall, Laliotis and Finn
4
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TRUCKEE DONNER PUBLIC UTILITY DISTRICT
REGULAR BOARD MEETING MINUTES
TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA
6:00 PM, WEDNESDAY, OCTOBER 1, 2025
NAYS: none
ABSTAIN: none
ABSENT: none
Motion passed.
Open Session recessed at 7:59 p.m.
CLOSED SESSION
17. Closed Session Pursuant to Government Code Section 54957 Public General
Manager's Performance Plan Review
Open Session reconvened at 9:18 p.m.
There was no reportable action taken in Closed Session.
ADJOURNMENT
Meeting adjourned at 9:18 p.m.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
Christa Finn, President
Respectfully Submitted,
Martina Rochefort, District Clerk
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AGENDA ITEM #11
Public Utility District m
MEETING DATE: October 15, 2025
TO: Board of Directors
FROM: Steven Poncelet, Public Information Officer
SUBJECT: Update on the Climate Transformation Alliance
APPROVED BY:
Brian C. Wright, General Manager
RECOMMENDATION:
Receive this report and provide input and direction to staff.
BACKGROUND:
The District has a long history of environmental stewardship and working to create a
sustainable, resilient environment for our greater community. Environmental
stewardship starts with our core functions within the electric and water utilities but, also
expands to community-wide collaborative efforts including GHG/carbon reduction and
watershed stewardship. One of these agency collaborations has been the District's
participation as a founding member, and Governing Partner, of the Climate
Transformation Alliance (CTA).
CTA was founded by the District, Town of Truckee, and Truckee Tahoe Airport District
(Governing Partners) in 2021 with a mission to work collaboratively to understand the
impacts of climate change on the greater Truckee/North Tahoe region and to support
local efforts in alignment with CTA's broader goal of carbon neutrality by 20245. The
District's Board took action to become a Governing Partner and provide 1/3 of the
original funding to launch CTA (split equally with the Governing Partners). The District's
equal split of funding for CTA was $33,333 per year.
The CTA Mission is:
• To collaborate by focusing on reducing regional GHG emissions;
• To engage in a process to conduct joint data aggregation, fact finding, policy
analysis and public education, in order to increase agency and public
understanding about climate and climate related issues;
• To identify, explore, and encourage interim projects that partners and/or private
interests may participate in;
• To explore opportunities for obtaining funding from public and private sources,
including state and federal programs and granting agencies, to implement
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projects that will reduce GHG emissions, or assist the community with adapting
to the impacts of climate change; and
• To communicate to stakeholders and the public about the actions of the partners
to meet regional GHG emissions reduction and climate adaptation goals.
The CTA Vision is:
The Truckee North Lake Tahoe region will be net carbon-neutral by 2045 through a
combination of greenhouse gas (GHG) emissions reduction and carbon storage in
natural lands, supported by collective member action. Carbon neutrality will improve the
environment, reduce the risk of wildfire, create new opportunities for innovation and
economic diversification, improve public health, equity and safety, and meet our
commitment to steward the region for the benefit of future generations.
It should be noted that the CTA was successful in securing additional outside funding,
including $50,000 in development funds from the Truckee Tahoe Community
Foundation in 2023, $30,000 in project seed funding from the Truckee Tahoe Airport
District in 2023/2024, and $160,000 in grant funding from California's Regional
Resilliance Grant Program (RRGP) in 2024. These funds were used to fill in funding
gaps, provide CTA's first grants to spur climate change projects in our region, and the
RRGP grant was used to offset Governing Partner funding from mid-2024 to mid-2026.
ANALYSIS AND BODY:
The CTA has grown both as an organization and as a collaborative effort since
founding in 2021. Some high-level accomplishments include:
• Development of agency charter, mission statement and core values attracting 27
organizations/individuals to date to join the CTA membership;
• Over 200 people on the CTA list serv;
• Robust website development at www.climatetransformationalliance.org
(dashboard, clearinghouse, project tracker, member testimonials, program
content, etc.);
• Quarterly member meeting with robust attendance (50-100) per meeting; and
• Member action (greenhouse gas inventories, seed funding for projects including
Northstar Community Services District to help spur the biomass project, and the
initial development of a project pipeline for future funding consideration).
The CTA is performing well and the RRGP grant provides funding for the CTA through
mid-2026. However, future funding for CTA remains an issue and the Governing
Partners held a strategic planning meeting on September 29, 2025, to discuss the
future and next steps for CTA. In general, there was agreement that CTA has done an
excellent job convening key public and private organizations and leaders to work on
CTA's mission and vision. There was also general agreement on the key next step
being the continued development of relationships with outside funding sources (grants
primarily but also philanthropy, member contributions and other sources) and the
creation of a project pipeline amongst the CTA membership to be prepared for future
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funding opportunities.
With regard to the CTA Governing Partners' ongoing funding, the upcoming request is
for Governing Partners to commit to funding CTA operations with a declining annual
contribution over four years. The current proposal for the District's portion is a
commitment of up to:
Year 1: $16,666
Year 2: $33,333
Year 3: $25,000
Year 4: $18,7500
Note: If the CTA operational budget is covered in full or partially by external sources,
Governing Partner contributions would decline proportionally. The above funding
request would cover mid-2026 to the end of 2029. Each Governing Partner is in the
process of taking this request to their respective governing bodies.
GOALS AND OBJECTIVES:
District Code 1.05.020 Objectives:
1. Responsibly serve the public.
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.
FISCAL IMPACT:
There is no direct fiscal impact associated with this workshop item.
ATTACHMENTS:
None
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AGENDA ITEM #12
Public Utility District m
MEETING DATE: October 15, 2025
TO: Board of Directors
FROM: Michael Salmon, Chief Financial Officer
SUBJECT: Budget FY26 and FY27 Workshop #3
APPROVED BY:
Brian C. Wright, General Manager
RECOMMENDATION:
Receive the information from this workshop item and provide strategic direction to staff
regarding Budget 2026 & 2027 preparations.
BACKGROUND:
The District prepares a budget on a biennial basis. This is the third workshop for the
FY2026-27 budget development, utilizing the current budget, actual and forecast
trends, as well as the strategic plan as the foundational basis.
The current Board approved (6/18/2025) Budget 2026-27 workshops and the approval
schedule is as follows:
• July 16, 2025 (completed) — Workshop #1 - Discussion of Goals, Objectives, and
Key Assumptions;
• August 20, 2025 (completed) — Workshop #2 — Purchased Power Plan, Operating &
Capital Budgets for Electric and Water Utilities; and
(ACTION Item) Public Hearing Notice of 11/1/2023 Public Hearing on Budget 2024 &
2025 Approval
• October 15, 2025 (this item) — Workshop #3 — Operating and Capital Budgets for
operating cost centers, Revenue/Rates, Reserves & Financial Master Plan drafts
• November 5, 2025 (6pm start) — Public Hearings and Action Items — Review and
approval of Budget 2026 & 2027, Electric Rates Ordinance
• November 19, 2025 (6pm start) — Public Hearing and Action Item — Review and
approval of Water Rates Ordinance
District's Mission
The Mission of the Truckee Donner Public Utility District is to provide reliable, high
quality utility and customer services while managing District resources in a safe, open,
responsible, and environmentally sound manner at the lowest practical cost.
Values of the District
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Safety — Safety is our way
Safety is our first priority. We are committed to the health and safety of our employees,
customers, and the community through the continuous practice of prevention,
education, and awareness.
Communication — Send and receive
Foster positive engagement by creating a strong communicative environment that
includes; active listening, transparency, clear, concise, and the timely transmission of
information, with empathy and respect. This also includes providing and receiving
honest feedback.
Integrity — Honest and ethical
Highest quality service to the public and employees, utilizing honesty and ethics as our
base principles.
Accountability — Own it
A strong performing team with the obligation and willingness to accept responsibility for
our actions, maintaining a sense of humility and inclusiveness.
Timeliness — Meet our goals and commitments
A highly effective agency and responsive organization meeting goals and expectations
in a timely manner.
Work Life Balance — Work hard, play hard
We value every employee and foster a healthy work-life balance culture, allowing
employees to bring their best selves to work every day.
Strategic Plan
The Board adopted Strategic Plan includes four key initiatives as follows:
❑ Community Broadband
❑ Service Reliability and Safety
❑ Net Carbon Reduction
❑ Local Watershed Stewardship
Reference Documents
The following useful background financial and other information items are on the
District's website, tdpud.org.
1. 2024 Annual Comprehensive Financial Report
2. 2024 and 2025 Budget (Current Budget)
3. District Code Title 3 Finance and Accounting
4. Strategic Plan
This budget process is essential in planning operational and capital expenses that are
in alignment with the District's Mission, Values, and Strategic Plan.
ANALYSIS AND BODY:
Overview
Over the last six months, staff have developed the current draft of the FY26 and FY27
Budget. This comprehensive and collaborative process has evolved over the summer
and fall and has included review and refinement across all operation departments. The
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District continues to experience significant cost pressures, and we have exercised
conservatism where appropriate and reviewed all line items in determining key
operational needs and strategic goals. While there are many comparisons of 'Budget to
Budget' herein, staff did assess trends of actual costs across all areas.
Attachments to the staff report-
1. Summary Budget and By Fund by Budget Year Schedules
2. Electric Utility - Summary Revenue and Expenses and by Cost Center
Schedules
3. Water Utility - Summary Revenue and Expenses and by Cost Center Schedules
4. Capital Expenditures
5. Overheads, Rent, and Debt Service
6. Personnel
7. Financial Master Plan
8. Purchased Power Cost Details
1. Summary Budget and By Fund by Budget Year Schedules
Attachement 1 page 3 provides top-level budget information for FY26 and FY27 for
both the electric and water utilities. Combined operating revenues are $68.2M and
$72.5M for FY26 and FY27, respectively. Pages 4 through 7 provide informative
summary budget information by fund for both years for both utilities.
2. Electric Utility Budget
The current draft of Budget 2026 (1326) and Budget 2027 (1327) for the Electric Utility is
provided as Attachment 2. The B26 net total revenue requirement from rates is
$44AM, which equates to an increase from B25 of$2.4M or 6% and B27 reflects an
increase in revenue requirement from rates of 6%. Key budget components are as
follows:
B26 Purchased Power Costs of $14AM are $1 .OM or 7% less than B25. For B27, the
cost increases $557k or 4% to B26. The decrease is driven primarily by favorable
energy market conditions as compared to the period of preparing the current budget in
summer/fall of 2023. Details were outlined and reviewed in workshop #2 and details
are provided in Attachment 8, discussed later in this report.
B26 Operating Expenses of$18.8M are $2.OM or 12% greater than B25. For B27, the
cost increases $796k or 4% to B26. Details for the B26 increase are outlined below as
the primary components of rates revenue requirement drivers.
B26 Capital expenditures of $18.9M are partially offset by utilization of capital reserves
of $6.8M, for a net of $12.1 M from current year rate revenues.
The B26 net revenue requirement from rates of $44AM is an increase over B25 of
$2.4M or 6%.
The electric utility's retail customer rates are and will remain in 2026 and 2027
(assuming the current draft recommended increases of 5% and 5% respectively) below
the majority of comparator benchmark utilities. Based on staff's discussions with other
public utilities in California, many utilities are anticipating material rate increases in near
term. In summary, regional electric utilities are all experiencing material cost
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pressures, particularly related to wildfire system hardening, grid modernization, and
operating costs (labor and vendors). TDPUD's current YTD September average per
kWh for all customers is $0.2375. TDPUD's current YTD September average
residential cost per kWh for primary, secondary, and combined, are $0.2178, $0.2606,
and $0.2398 respectively. The TDPUD combined residential average is 35% below
the BLS San Francisco Oakland Hayward (SFOH) December 2024 of $.370 per
kWh. The BLS ceased publishing this SFOH metric in December 2024. The BLS CPI
Electricity for USA indicates an August 2025 year-over-year inflation rate of
6.2%. TDPUD's electric rates remain one of the few cost items in the region that are
below the average cost in other areas of California. The current electric cost of service
and rates consultant, HDR Engineering, provides the below benchmarking residential
average bill comparison chart.
Rate Comparison
800 kWh
$350
$300
$250
$zoo lave rage
$150
$100
$50
$0
Current Year 1 Proposed Roseville Electric Lodi Electric PSREC* Liberty PG&E
Utility
TDPUD Other Utilities
*Plumar-Sierra Rural Electric COOP
As discussed above, the B26 net revenue requirement from rates of $44AM is an
increase over B25 of $2.4M or 6%. The details of the key changes are provided below:
2a Purchase Power Costs -1.OM -7%
• Demand is relatively consistent. However, growth is occurring, weather does
influence the volume, and electrification momentum continues.
• Costs can be volatile, as we saw in the second half of 2022 and January of
2023, however, costs have been relatively stable and lower than budget in 2024
and YTD 2025.
• YTD September 2025 cost of $10.7 million is $909,000 or 8% under budget and
the FY25 forecast of $14.6 million is $900k or 6% under budget.
• For FY26 and FY27, staff developed a detailed purchased power estimate based
on trends in current cost trends, customer growth, and utilized a three-year
average trend for kWh volume.
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• For FY26, the $14AM is $1.OM or 7% less than the FY25 budget. This decrease
is driven by multiple factors including customer growth, demand growth, power
cost per MW increases, power source mix shifts, transmission cost increases,
and energy imbalance market (EIM) costs. For FY27, an average increase of
4% was applied.
• The budget for FY26 was 171,823 MWH purchased and the budget for FY24 is
174,000. Both a 3 year and 5 year average were analyzed and adjusted for
customer growth and demand trends in developing FY24's 174,000.
• Attachment 8 provides a detailed schedule of purchased power budget.
2b Rate Reserve Funding - 389k -72%
• The decrease for the FY26 budget as compared to the FY25 budget, drives a
related 50% increase in the rate reserve requirement of $519k. This decrease
provides a reset and relief from the rate reserve utilization in April 2023 of
$2.4M. Accordingly, the FY26 rate reserve funding replenishment requirement
to achieve policy target of 50% of budget is $151,000 and replenishment from
utilization will be complete. Further, our current and recommended ordinance for
electric rates for FY26 and FY27 includes a Power Cost Adjustment (PCA)
feature, common with many utilities. The PCA will provide a mechanism to
address wholesale power cost increases (or decreases) without directly drawing
from reserves.
2c AB32 Funds Ok 0%
• AB32 Cap & Trade cash funds have been consistently utilized as a non-rates
funding source, thereby reducing the rates revenue requirement. Consistent
with budget, utilization in FY24 was $500k and FY25 was $450,000. The
Financial Master Plan anticipates the utilization amount to be $450,000 for B26
(no change to B25) and $400,000 in B27.
2d Labor Costs + 990k 10%
• The rate of pay for personnel increase for 2025 was 5.5% overall, plus an
additional 17% for electrical-specific positions represented by IBEW
1245. These increases were driven by compensation survey information as well
as negotiations with IBEW. The budgeted increases for B26 and B27 are 4.0%
and 4.0% respectively, in accordance with the three year IBEW 1245
Memorandum of Understanding adopted in 2025.
• Certain positions had or will have step increases within the range, consistent
with approved salary schedules.
• Staff has evaluated the resources of the District in relation to the mission, values,
and strategic goals of the organization. Regarding personnel impact, staff is
recommending one additional FTE (split 50% electric and 50% water) as
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compared to current staffing levels. An organizational chart and position details
are provided in Attachment 6.
• A summary of changes from B25 to B26 in number of Full Time Equivalents
(FTEs) are as follows,
83 Budget 2025
(4) drop 1 E crew - 1 Forman, 3 JL
+1 for Electric Utility Director split to two positions
+1 for new position cc2 (placeholder is 'HR Specialist(Represented)')
=81 Budget 2026 and 2027
The above items impact gross wages, as well as, certain labor overhead components
(payroll taxes, pension, workers' compensation insurance). Both are included in the
impact amount noted.
2e Vendor Costs + 1 .1 M 16%
• Inflation level of—5% equates to $331 k for vendor operating expenses of the
electric utility.
• We have reviewed expenses by account and activity code for reasonableness
based on three-year averages, adjusting for anomalies, and other known factors
and estimates.
• Conservation expenses have been increased $370k to align with regulatory
requirements percent of revenues.
• Wildfire defensible space contractor work for B26 of $2.1 M is 3% over B25.
• Electric fleet rental expense of $197k has been added to B26 and $205k in B27
based on anticipated operational fleet needs prior to delivery of fleet
purchases. This item increases electric operating costs (vendor costs).
However, the item is recommended/drafted to be funded with vehicle reserve
funds. These rentals are separate from the occasional fleet rental required
during an extended fleet repair period, which is charged to standard fleet costs
and spread through all operations for both utilities via Transportation Overhead
cost charge.
• With the upcoming 2027 100-year District anniversary, expense of $30,000 has
been budgeted in B26 and $45,000 in B27, with electric's 50% portion $15k and
$23k, respectively.
• Insurance costs have increased in B26 by $126,000 to $564k, with electric's
share of the increase at $63,000. This cost includes property, general liability,
excess crime, and vehicles. The premiums increased 15% and 20%,
respectively, in the last two renewal cycles, and the value of property increased
each year. The insurance cost increases are consistent with industry trends.
2f Fleet R&M & Fuel Costs + 42k 7%
• Fuel and oil cost for B26 of $260,000 are $54,000/26% greater than B25 based
on recent cost trends plus anticipated CA CARB LCFS and CA refinery closures
impacts.
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• Repairs and Maintenance (R&M) costs are $56,000/38%, greater than B25 due
to current cost trends.
• B26 includes $59,000 in equipment rentals due to the repair lead times (1327
$62k), generally consistent with the current budget.
• In total, vehicle operation, maintenance, repairs, fuels, deprecation and other
fleet costs for B26 total $1 .83M and equate to an increase of $180k or 11% to
B25. The B27 total of$1.91 M reflects an increase of 4% to B26.
• Transportation Overhead was refined for B26 with respect to fleet-related labor
hours across the district.
• The electric utility's operating expense share of fleet costs equates to an
increase in Transportation Overhead of $42,000 for B26 as compared to B25.
2g Labor Overheads Inflation + 395k 8%
• $149,000 Medical premiums increase of 5% for 2026, below with industry trends
• $196,000 for CalPERS Unfunded Actuarial Liability (UAL) requirement payment
increase impact on 132b. The July 2026 UAL payment for Classic plan is
$1.823M and for Pepra plan is $14k.
• The change for electric operating expense labor overhead is $395k due to
electric's portion increasing greater than water's portion, due to electric rate of
pay increase discussed previously greater than water's.
2h Capital and Reserves, net + 2.1 M
• In addition to the annual operating expenses detailed previously, there are
numerous capital released components of the annual budget which impact
rates. The timing of capital projects between years can have a material impact
on year to year comparison. The changes from B25 to B26 are detailed below.
• $2,524,000 increase in net capital expenditures. Capital expenditures B26 of
$18.32M are offset by $6.76M in capital reserves utilization for a net outflow of
$11.56M, as compared to a B25 net outflow of $9.43M ($22.5m capex, less
$6.5m debt proceeds spend, less $6.6M reserve use).
• ($264,000) operating reserve decrease compared to B25. B26 +$614k as
compared to +$878k for B25
• ($ 81,000) decrease in vehicle reserve funding to $844,000 for B26 as
compared to $925,000 for B25
• ($113,000) in LCFS funding utilized ($0 in B25)
2i Customer Growth - $396k 0.9%
• Customer account growth increases retail electricity sales, growth assumption
for electric accounts is 0.9%
2j Other Revenue (no-rates) - $106k -9%
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• Numerous miscellaneous revenues, including standby and pole contacts, and
water's rent expense paid to electric. B26 of $1.31VI is 106k or 9% greater than
B25.
3. Water Utility Budget
The current draft of Budget 2026 (1326) and Budget 2027 (1327) for the Water Utility is
provided as Attachment 3.
B26 operating revenues of$22.41VI are $1.89M or 9% greater than B25. This increase
is due to an average rate increase of 6.5%, customer growth of 0.6%, an increase in 3-
year average billed water volume. B26 Operating Expenses of $14.21VI are $0.51 M or
4% greater than B25 and for B27 the cost increases $689k or 5% to B26. Capital
expenditures for B26 of $9.71VI are $1.65M less than the $8.1 M in B25. At the
September 3rd water rates board workshop, Cost of Service and Rate Design
consultant, HDR Engineering, provided the following residential bill comparison for
benchmark analysis.
FY 2026 Average Residential Customer Monthly Bill Comparison
$180.00
$160.00
$14D.00
$120.00
s $100.00
0
$$0.00
N
$40.00
i'
$20.00 T€
$0.00
Average of Other TDPUD-Present TDPUD-Proposed Northstar C5D Tshoe Clty PU❑ Olympic Valley North Tahoe PUD Sauth Tahoe PUD Alpine5prin;s
Districts (2026) nD CWD
Assumes 3/4" meter and 5,000 gallons per month
The three hatch-marked utilities receive property tax dollars, as well as, rate
revenues. The TDPUD does not receive any property tax funds.
Below is a discussion of water's cost components and other items.
3a Water Power Costs -$64k -3%
• $64,000 decrease in power costs (electricity primarily) costs to operate wells,
pumps and motors. This decrease is a combination of the District's electricity
service, as well as, Liberty's electricity service costs. The decrease to B25 is
driven by less rate increase than anticipated for TDPUD electricity, a decline in
electricity kWh volume, partially offset by an estimated cost increase of 5%. In
B26, water's cost for power costs is $1.91 M and represents 14% of annual water
utility operating costs.
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3b Labor Cost +$342k 4%
• The rate of pay for water utility personnel increases in 2025 was 5.5%,
• The rate of pay increases for B26 and B27 are estimated at 4.0% and 4.0%,
consistent with the current MOU.
• Certain positions had or will have step increases within the range, consistent
with approved salary schedules.
• The above items impact gross wages, as well as, labor overhead. The water
utility's share of labor overhead decreased as compared to electric utility due to
the latter receiving a greater rate of pay increase, driving greater labor overhead
costs on the electric utility labor cost side as compared to water utility.
3c Vendor Costs +$245k 6%
• The US economy's current year-over-year inflation rate as of August 2025 is
2.9%.
• An inflation level of 3% equates to $113k for vendor operating expenses of the
electric utility.
• We have reviewed expenses by account and activity code for reasonableness
based on three-year averages, adjusting for anomalies, and other known factors
and estimates.
• Insurance costs have increased in B26 by $126,000, with the water's share at
$63,000 for a water share total of $282,000.
• IT vendor costs allocated to water increased $43k or 10% to $481,000 for B26
due to various water systems items.
3d Fleet R&M & Fuel Costs +$64k 9%
• Fuel and oil cost for B26 of $260,000 are $54,000/26% greater than B25 based
on recent cost trends plus anticipated CA CARB LCFS and CA refinery closures
impacts.
• Repairs and Maintenance (R&M) costs are $56,000/38%, greater than B25 due
to current cost trends.
• B26 includes $59,000 in equipment rentals due to the repair lead times (1327
$62k), generally consistent with the current budget.
• In total, vehicle operation, maintenance, repairs, fuels, deprecation and other
fleet costs for B26 total $1 .83M and equate to an increase of $180k or 11% to
B25. The B27 total of$1.91 M reflects an increase of 4% to B26.
• Transportation Overhead was refined for B26 with respect to fleet-related labor
hours across the district.
• The water utility's operating expense share of fleet costs equates to an increase
in Transportation Overhead of $64,000 for B26 as compared to B25.
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3e Capital, Reserves, and Other, net -$142k
• In addition to the annual operating expenses detailed previously, there are
numerous capital released components of the annual budget which impact
rates. The timing of capital projects between years can have a material impact
on year to year comparison. The changes from B25 to B26 are detailed below.
• $ 91,000 in more net capital expenditures for B26 versus B25. B26 capital
expenditures of $9.7M, less 3AM in capital reserves utilization for a net outflow
of $6.4M, as compared to a B25 net outflow of $6.3M ($8.1 M less $1.8M in
capital reserves utilization for a net outflow of $6.3M)
• ($151,000) operating reserve increase anticipated for B26 of $50,000 as
compared to negative $101,000 for B25
• $ 157,000 increase in vehicle reserve funding to $484,000 for B26
• ($250,000) decrease in capital reserve funding to $0 for B26
• ($ 7,000) decrease in debt service. B26 total is $1.98M
• ($ 3,000) increase in other revenues (not rate related)
• $ 21,000 decrease in investment income
3f Customer Growth - $124k -0.6%
• Customer account growth increases retail water sales, with an estimated growth
rate of 0.6%.
4. Capital Expenditures
• The District has reviewed the current 10-year capital improvement plans (CIP)
and updated them as necessary for current planned projects timing and inflation.
Capital expenditures are required to address the aging depreciation of system
assets and are critical to achieving the mission of the district. Capital
expenditures were reviewed in detail during Workshop #2 last month. The water
utility performed a comprehensive system analysis as part of the CIP update in
2025.
• The 10-year capital improvement plans for the electric system, water system,
facilities, vehicles, and information technology can be referenced in Attachment
4.
• Electric's capital expenditures total $18.3M and $14.2M for B26 and B27,
respectively.
• Water capital expenditures total $9.7M and $8.9M for B26 and B27, respectively.
5. Overheads, Rent, and Debt Service
There are four overhead charges applied throughout the District's financials. The
calculation methodologies and application to B26 and B27 are consistent with prior
years.
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• Labor Overhead — distributes cost of all payroll related costs (taxes, insurance,
pension) and non-productive compensation costs across all our operations/work
orders/capital projects
• Transportation Overhead — distributes the cost of our Fleet across all our
operations/work orders/capital projects
• Administrative Overhead — distributes Purchasing/Warehousing common costs
across operations/work orders/capital projects
• Construction Overhead — distributes administrative overhead costs to all capital
projects
5A Labor Overhead
The District's payroll costs include the cost of salaries and wages (rate of pay x hours)
aka compensation, as well as, numerous other costs directly associated with
compensation. For the District (as an employer), these other costs include the
employer's cost portion of payroll taxes, health insurance, pension, OPEB, and workers'
compensation insurance. The District's financial accounts for the above costs in two
main categories; Labor and Labor Overhead.
Labor is the direct cost (compensation) for productive labor time costs. Labor includes
the cost of hours charged to operations, capital projects and service work
orders. Labor cost charging is specific to the hours and personnel charging their time,
and includes overtime and standby compensation costs.
Labor Overhead captures the cost of all the other costs referenced above, as well as
the cost of non-productive labor costs (vacation, sick, administrative, and holiday
pay). Overhead cost components are accumulated for the District as a whole, then
proportionally distributed to all operations, capital, and service work orders based on
where the labor costs are charged.
For Budget 2025, the labor overhead rate is 94% and the rate has decreased in B26 to
91% and B27 to 92%. Therefore, for every dollar of productive labor cost in B26,
overhead charged is 91 cents. There are numerous drivers of the overhead cost
components, including rate of pay increases, position additions/deletions, health
insurance costs and plan changes, and turnover impacts on pension costs (traditional
to PEPRA), the pension UAL required payments, and paid time off accrual rates.
Labor Overhead for B26 of $11.2M increased 9% to B25, whereas total recommended
labor is an increase of 12%. Therefore, the effective Labor Overhead rate decreased
3%. The five largest cost components for Labor Overhead are as follows:
• $3.9m Pension Costs — up 15% to B25 due to increase in UAL required annual
payment and increase in pensionable wages
• $3.Om Medical/Dental insurance costs (employees and retirees,net) — up 1% to B25
due primarily to premium renewal cost increase of 5% partially offset by fewer
participants
• $2.Om Non-productive labor costs — up 12% to B25 primarily due to rate of pay
increases
• $0.99m FICA/Medicare payroll taxes, employer portion — up 4% to B25 due to
payroll increases
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• $0.48m Other Post Employment Benefits (OPEB) Retirees cost— up 13% to B25
due to benefit changes
Of note, $0.23m Workers Compensation insurance — down 35% due primarily to a
favorable decrease in experience modification factor
5B Transportation Overhead — distributes the cost of our Fleet across all our
operations/work orders/capital projects.
The Transportation Overhead (TO) amount for B26 of $1.8m increased $182K or 11%
to B25. This was driven primarily by inflation impacts on fuel and repair and
maintenance costs. TO applicable labor hours was refined for this budget cycle,
resulting in 12% fewer labor hours subject to TO. The resulting overhead rate charged
per applicable transportation hour for B26 of$22.21 compares to $17.67 for B25,
representing a 26% increase. B27 rate is $23.12, up 4% to B26,
5C Administrative Overhead — distributes Purchasing/Warehousing common costs
across operations and work orders/capital projects
The Administrative Overhead (AO) amount for B26 of $440k increased $6K or 1% to
B25. The overhead rate charged per applicable labor hour for B26 of 3.6% compares
to 4.0% for B25. The rate decrease is due to the cost being spread over a greater
percentage increase in overall labor dollars the AO % applies to. B27 rate is also 3.6%.
5D Construction Overhead — distributes construction project administrative overhead
costs to all capital projects
The Construction Overhead (CO) amount for B26 of$447k increased $114K or 34% to
B25. This was driven primarily by cost increases driven by rate of pay changes and
increased capital project planning efforts by electric engineering team. Capital labor for
B26 of$2.1 M increased 28% over B25. The resulting overhead rate charged per
applicable labor hour capital projects for B26 is 20.9% and was 20.0% in B25. The rate
for B27 is 21.35%.
5E Interdepartmental Rent
The electric utility owns the district's main building and common shared equipment
assets. The depreciation cost and the operating costs for the building and common
facilities are jointly shared by the water utility, 50% Electric and 50% Water, consistent
for many years. Water's rent to Electric for B26 is $663,000 and equates to an increase
of 9% compared to B25. At a total cost level, the building facilities' annual operating
costs of $874K increased 1% in B26 compared to B25. Depreciation costs of$452K for
B26 increased by 30% compared to B25. This increase in depreciation cost is due
primarily to an increase in jointly shared asset capital additions.
5F Debt Service Schedule, Electric Utility
The electric utility's debt service for B26 and B27 is $429k and $431 k, respectively.
The electric utility's 2022 debt issuance proceeds of$6.5M are forecasted to be
expended in FY25.
The electriy utility has no new debt issuance currently planned.
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For the purposes of long-term financial planning only, the electric utility has $1.452M in
new debt service starting in FY28, to reflect potential new facility infrastructure
improvements, electric's portion.
5G Debt Service Schedule, Water Utility
The water utility's net debt service for B26 and B27 is $1.53M and $1.53M, respectively.
The water utility has no new debt issuance currently planned.
For the purposes of long-term financial planning only, the water utility has $0.96M in
new debt service starting in FY28, to reflect potential new facility infrastructure
improvements, water's portion.
Attachment 5 provides detailed calculation schedules for overheads, rent, and debt
service.
6. Personnel
• Personnel is at the core of operational and strategic success and a significant
cost and investment for the District. The District has reviewed the organizational
structure over the last 12-18 months and has developed several strategic
recommended changes to align the structure with the evolving landscape of
public utility maintenance and operations, consistent with the District's Mission,
Values, and Strategic Plan.
• In the current budget for B24 and B25, there was one position addition resulting
from the split of the Electric Utility Directors duties into two positions.
• B26 includes the addition of one position (Human Resources support) and
includes not staffing a 3rd electric line crew, which was budgeted but not filled.
o FTE Summary recap:
83 Budget 2025
(4) drop 1 E crew - 1 Forman, 3 Journeyman Lineman
+1 for Electric Utility Director split to two positions
+1 for new position cc2 (placeholder is 'HR Specialist(Represented)')
= 81 Budget 2026 and 2027
Attachment 6 provides detailed position information and an organizational chart.
7. Financial Master Plan
The Financial Master Plan (FMP) is a tool to help the Board and staff understand how
the proposed budget impacts long-term goals. The FMP includes revenues and
expenditures the current budget cycle years, as well as, the following eight years, for a
10-year horizon view of the financial position, in particular reserve balances, for the
District. Further, the FMP is reviewed during the budget cycle to ensure that the
proposed budget is consistent with long-term goals. The FMP makes assumptions on
customer growth and inflation. Further, the FMP incorporates the 10-year capital
improvement plans of the utilities.
For the purposes of long-term financial planning only, to reflect potential new facility
infrastructure improvements, the electric and water utility have, starting in FY28, new
debt of $1.452M and $0.96M, respectively. The pro forma new debt service amounts
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reflect an approximate $39M debit issuance, with debt service split 60% electric 40%
water. The pro forma debt has no impact on current proposed electric rates
(FY26/FY27) or water rates (FY26-FY30).
The key measure of financial stability for the District in the FMP is reserve balances.
Reserve balances and relationship to goals (highlighted) and related rate change
recommendations are summarized below:
ELECTRIC
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Operating Cash Flow
Operating revenue $ 45,740 $48,500 $50,853 $53,322 $55,389 $57,536 $ 59,767 $ 62,086 $ 64,494 $ 66,996
Operating Purchase Power Costs (14,412) (14,969) (15,568) (16,191) (16,839) (17,513) (18,214) (18,943) (19,701) (20,489)
Operating Expenses (18,760) (19,556) (20,339) (21,153) (21,999) (22,879) (23,794) (24,746) (25,736) (26,765)
Other revenuel(expenses) (44) (22) (9) 9 30 55 72 102 121 134
Net Income FMP $ 12,524 $13,953 $14,937 $15,987 $16,581 $17,199 $ 17,831 $ 18,499 $ 19,178 $ 19,876
Transfer froml(to)funds 6,520 657 653 (1,075) 303 (3,267) (2,697) (4,103) (4,016) (5,748)
Debt Issuance Costs - - - -
Debt principal payments (160) (170) (1,632) (1,637) (1,647) (1,557) (1,667) (1,677) (1,692) (1,702)
2022 Debt proceeds use-$0,000 - - -
Capital projects (18,320) (14,244) (13,601) (12,847) (14,584) (12,044) (12,644) (12,467) (13,400) (11,188)
Change in Operating Cash $ 564 $ 196 $ 357 $ 428 $ 653 $ 232 $ 822 $ 252 $ 69 A 1,237
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Op Reserve%of OpExp(Goal 501%) 51% 50% 50% 50% 51% 50% 51% 51% 49% 52%
Rate Reserve%of PPE(Goal 50%) 51% 51% 51% 51% 51% 51% 51% 51% 50% 50%
Capital Reserves%Capx(Goa1100%) 80% 77% 72% 79% 77% 95% 109% 128% 146% 171%
Cash&Reserve Balances
Operating Reserve(Gen Fd)Balance $ 9,564 $ 9,760 $10,117 $10,546 $11,198 $11,430 $ 12,252 $ 12,504 $ 12,574 $ 13,811
Rate Reserve Balance 7,300 7,579 7,879 8,191 8,515 8,852 9,203 9,568 9,947 10,341
Capital Reserve Balance 8,457 9,468 9,205 11,235 11,016 14,491 17,853 22,299 26,856 33,227
Capital Vehicle Reserve Balance 2,417 1,532 1,605 1,162 1,635 1,913 1,855 2,160 2,387 2,748
Deferred Liability 2,434 2,495 2,557 2,621 2,687 2,754 2,823 2,894 2,966 3,040
Facility Fee Reserve Balance 457 650 795 946 1,100 1,264 1,439 1,624 1,821 2,029
Cash&Reserve Balances $ 30,629 $31,484 $32,159 $34,701 $36,151 $40.704 $ 45,425 $ 51,049 $ 56,551 $ 65,196
RecommendedlProposed rate change 5.00% 5.00% 4.00% 4.00% 3.00% 3.00% 3.00% 3.00% 3.007 3.00
Nei Rate Increase in active FMP 5.00% 5.00% 4.00% 4.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00%
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Electric's Operating and Rate Reserves are at or above policy target goal of 50% of
respective budget, all years.
Electric's Capital Reserve balances are slightly below policy target goal (100% of
average annual capital expenditures) in FY26 through FY31, and at or above goal for
FY33-FY35.
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WATER
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY36
Operating Cash Flow
Operating revenue $ 22,432 $ 23,982 S 25,671 $27,481 $29,420 S 30,620 $ 31,870 S 33,171 $ 34.525 $ 35,935
Operating expenses (14,230) (14,919) (15,526) (16,158) (16,795) (17,458) (18,148) (18,864) (19.609) (20,382)
Other revenue and expenses (806) (763) (709) (662) (607) (557) (499) (443) (372) (263)
Net income $ 7,396 $ 8,300 $ 9,436 $ 10,661 $ 12,018 $ 12,605 $ 13,223 $ 13,864 $ 14,544 $ 15,290
Transfers fromi(to)tinds 3,326 2,048 1,722 603 (272) (1,699) (1,894) (2,593) (1,299) (2,322)
Debt Issuance Costs - - - - - -
Debt principal payments (1,000) (1,045) (2,050) (2,085) (2,130) (2,180) (2,225) (2,285) (2,330) (1,665)
Debt proceeds(new debt)-$0,000
Capital expenditures (9,715) (8,939) (8,802) (8,743) (9,488) (8,365) (8,944) (8,300) (8,923) (8,148)
Change in Operating Cash $ 7 $ 364 $ 306 $ 436 $ 128 $ 361 $ 160 $ 686 $ 1,992 $ 3,155
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
OpGF Reserve%of OpExp Goal 50% 50% 50% 50% 51% 50% 50% 49% 51% 59% 72%
Capital Reserves%CapxGoal 100% 40% 29% 15% 18% 26% 51% 73% 104% 119% 146%
Cash&Reserve Balances
Operating Cash Balance(GenFd) $ 7,108 $ 7,472 $ 7,778 $ 8,214 $ 8,342 $ 8,703 $ 8,863 $ 9,549 $ 11,541 $ 14,696
Capital Reserve Balance 3,093 1,870 517 430 1,241 3,472 5,359 8,693 10.910 13,683
Vehicle Reserve Balance 428 770 895 1,355 1,314 1,791 2,311 2,659 2,458 3,103
Deferred Liability 128 131 134 137 140 144 148 152 156 160
Facility Fee Balance 2,086 1.777 2,100 1,913 2,283 2,138 2,568 2,531 3,030 3,091
Cash&Reserve Balances $ 12,843 $ 12,020 $ 11,424 $ 12,049 $ 13,320 $ 16,248 $ 19,249 $ 23,584 $ 28,095 $ 34,733
Debt service coverage 4.60 5.04 3.77 4.19 4.84 4.83 5.03 5.23 5.47 7.57
(1.25 required until 2036)
Change to Proposed FY26&FY27 0.0% 0.0%
Recommended FY26&FY27&draft 6.5% 6.5% 6.5% 6.51/ 6.5°% 3.5°% 3,50°% 3,W1 3.50%
rate changes
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Water's Operating Reserves are at or above policy target goal of 50% of the respective
budget, all years.
Water's capital reserve balances are significantly below policy target goal (100% of
average annual capital expenditures) in FY26 through FY31, and start to improve to an
improved level beginning in FY32.
Key notes regarding reserves:
The Operating Reserve is the general fund balance and is intended for unanticipated
operating cost items or operating cost increases, or an unanticipated loss of revenues.
The primary source of incoming funds is customer rates for electric and water utility
service provided.
The Capital Reserve is funded with rates, via transfers from General Fund to Capital
Reserve. This reserve is intended to fund any year-to-year `spikes' in capital
expenditures, in addition to serving as a funding source for any unplanned capital
needs.
Both of the above referenced reserves (and the Rate Reserve for electric) are an
important component of the overall financial strength of the District, serving as key
funding reserves, in addition to essential components of debt ratings or other review of
the District's financial position.
Attachment 7 provides the detailed Financial Master Plan for the 10-year period.
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.
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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.
FISCAL IMPACT:
There is no direct fiscal impact from this workshop.
ATTACHMENTS:
1. 1 Summary and By Fund Schedules
2. 2 Electric Summary and Schedules
3. 3 Water Summary and Schedules
4. 4 Capital Expenditures
5. 5 Overheads Rent Debt
6. 6 Personnel
7. 7 Financial Master Plan
8. 8 Purchased Power
Page 16 of 16
Page 37 of 93
TRUCKEE DONNER
Public Utility District
FY2026 and FY2027 Budget
Budget Workshop #3
October 15, 2025
1 - District Summary and By Fund Schedules - page 1 of 7 Page 38 of 93
TRUCKEE DONNER
Public Utility District
this page 2 is intentionally left blank
1 - District Summary and By Fund Schedules - page 2 of 7 Page 39 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
Budget - Super Summary Public Utility District
Information is Budget Basis(cash flows). Excludes certain non-cash items,such as Depreciation. Combined Amounts are informational only,pre-inter-utlity eliminations.
Electric Utility Water Utility Combined
FY26 FY27 FY26 FY27 FY26 FY27
Operating Revenues $ 45,740,000 $ 48,500,000 $ 22,432,000 $ 23,982,000 $ 68,172,000 $ 72,482,000
Operating Expenses (OE) 33,172,000 34,525,000 14,230,000 14,919,000 47,402,000 49,444,000
OE Purchased Power 14,412,000 14,969,000 - - 14,412,000 14,969,000
OE All Other 18,760,000 19,556,000 14,230,000 14,919,000 32,990,000 34,475,000
Operating Net $ 12,568,000 $ 13,975,000 $ 8,202,000 $ 9,063,000 $ 20,770,000 $ 23,038,000
27% 29% 37% 38% 30% 32%
Other Inflows
Investment Income (operating Fund only) 225,000 239,000 178,000 178,000 403,000 417,000
AB32 Cap&Trade Funds use 450,000 400,000 - - 450,000 400,000
.. .....................
Donner Lake Surcharge-2006 COPs - - 100,000 97,000 100,000 97,000
Fac.Fee Funds use, Debt Service - - 359,000 360,000 359,000 360,000
............................................................................................................................................................ ............................................................................................................................. ............................................................................................................................ .............................................................................................................................
Fac.Fee Funds use, Capital Projects - - - 619,000 - 619,000
LCFS Funds use 113,000 35,000 - - 113,000 35,000
............................................................................................................................................................ ............................................................................................................................. ............................................................................................................................ .............................................................................................................................
Reserve Use, Capital Reserve 6,000,000 - 2,750,000 1,300,000 8,750,000 1,300,000
Reserve Use, Vehicle Reserve 952,000 2,043,000 602,000 - 1,554,000 2,043,000
Other Outflows
Debt Service (429,000) (431,000) (1,984,000) (1,987,000) (2,413,000) (2,418,000)
Capital Expenditures (18,320,000) (14,244,000) (9,715,000) (8,939,000) (28,035,000) (23,183,000)
......................
Reserve Funding, Capital - (800,000) - - - (800,000)
Reserve Funding, Vehicle (844,000) (925,000) (484,000) (327,000) (1,328,000) (1,252,000)
.. ..............
Reserve Funding, Rate Reserve (RR) - (96,000) - - - (96,000)
Reserve Funding, RR Replenish (151,000) - - - (151,000) -
Net Budget, Operating $ 564,000 $ 196,000 $ 8,000 $ 364,000 $ 572,000 $ 560,000
Net Budget is the Change in Operating Reserve/GeneralFund Electric Utility Water Utility Combined
Informational Subtotals/Nets in above: FY26 FY27 FY26 FY27 FY26 FY27
Capital Reserve, Net Use(Funding) 6,000,000 (800,000) 2,750,000 1,300,000 8,750,000 500,000
Vehicle Reserve, Net Use(Funding) 108,000 1,118,000 118,000 (327,000) 226,000 791,000
Other Inflows, total 7,740,000 2,717,000 3,989,000 2,554,000 11,729,000 5,271,000
Other Outlfows,total (19,744,000) (16,496,000) (12,183,000) (11,253,000) (31,927,000) (27,749,000)
Other Inflows/Outlfows, Net (12,004,000) (13,779,000) (8,194,000) (8,699,000) (20,198,000) (22,478,000)
1 - District Summary and By Fund Schedules- page 3 of 7 Page 40 of 93
Truckee Donner Public Utility District
ELECTRIC Utility by Fund
2026 Budget(year 1)WS 10/15/2025
Operating
Reserve Rate Deferred Capital Vehicles Facility COP Debt Electric Utility
(General) Reserve Liability Reserve Reserve Fees Project AB32 Cap& All Funds
Fund Fund Fund Fund Fund Fund Fund LCFS Fund Trade Fund Combined
Undesignated Designated Restricted Restricted Restricted Restricted
Sources $ 46,725,000 $ 325,000 $ 59,000 $ 353,000 $ 979,000 $ 201,000 $ - $ 33,000 $ 359,000 $ 49,034,000
Operating Revenue,Rates 44,430,000 44,430,000
Operating Revenue,Other 1,310,000 1,310,000
subtotal,operating revenue 45,740,000 45,740 000
Investment Income 225,000 174,000 59,000 353,000 59,000 6,000 0 3,000 9,000 888,000
LCFS/AB32 Auction Sales 30,000 350,000 380,000
Facility Fees collected 195,000 195,000
Vehicle sales proceeds 76,000 76,000
Bond Proceeds 0
From other Fund:
GF to Rate Reserve Replenish 151,000 151,000
GF to Rate Reserve 0 0
GF to Capital Reserve 0 0
GF to Capital Reserve,Vehicles 844,000 844,000
LCFS Funds to GF 113,000 113,000
AB32 Funds to GF 450,000 450,000
Vehicle Reserve,Rental Expense 197,000 197,000
Uses $ 46,161,000 $ $ $ 6,000,000 $ 952,000 $ $ - $ 113,000 $ 450,000 $ 53,676,000
Operating expenses 18,760,000 18,760,000
Purchased Power 14,412,000 14,412,000
subtotal 33,172,000 33,172,000
To other Fund:
GF to Rate Reserve Replenish 151,000 151,000
GF to Rate Reserve 0 0
GF to Capital Reserves 0 0
GF to Capital Reserve,Vehicles 844,000 844,000
LCFS/AB32 funds to GF 113,000 450,000 563,000
Debt Service 429,000 429,000
Capital Expenditures 11,565,000 6,000,000 755,000 0 0 18,320,000
Vehicle Reserve,Rental Expense 197,000 197,000
Sources less Uses Budget NET $ 564,000 $ 325,000 $ 59,000 $ 5,647,000 $ 27,000 $ 201,000 $ $ (80,000) $ (91,000)1 $ 4,642,000
Beginning Fund Balance,Budgeted 9,000,000 6,975,000 2,375,000 14,104,000 2,390,000 256,000 116,000 350,000 $ 35,566,000
Ending Fund Balance,Budgeted $ 9,564,000 $ 7,300,000 $ 2,434,000 $ 8,457,000 $ 2,417,000 $ 457,000 $ $ 36,000 $ 259,000 $ 30,924,000
variance to Goal$ 184,000 94,000 334,000 (2,660,000) (1,296,000)
variance to Goal% 2% 1% 16% -20% -4%
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Truckee Donner Public Utility District
ELECTRIC Utility by Fund
2027 Budget (year 2)WS 10/15/2025
Operating
Reserve Rate Deferred Capital Vehicles Facility COP Debt Electric Utility
(General) Reserve Liability Reserve Reserve Fees Project AB32 Cap& All Funds
Fund Fund Fund Fund Fund Fund Fund LCFS Fund Trade Fund Combined
Undesignated Designated Restricted Restricted Restricted Restricted
Sources $ 49,379,000 $ 279,000 $ 61,000 $ 1,011,000 $ 1,158,000 $ 193,000 $ $ 23,000 $ 356,000 $ 52,460,000
Operating Revenue,Rates 47,145,000 47,145,000
Operating Revenue,Other 1,355,000 1,355,000
subtotal 48,500,000 48,500,000
Investment Income 239,000 183,000 61,000 211,000 49,000 11,000 0 1,000 6,000 761,000
AB32 Auction Sales 22,000 350,000 372,000
Facility Fees collected 182,000 182,000
Vehicle sales proceeds 184,000 184,000
Bond Proceeds 0
From other Fund:
GF to Rate Reserve Replenish 0 0
GF to Rate Reserve 96,000 96,000
GF to Capital Reserve 800,000 800,000
GF to Capital Reserve,Vehicles 925,000 925,000
LCFS Funds to GF 35,000 35,000
AB32 Funds to GF 400,000 400,000
Vehicle Reserve,Rental Expense 205,000
Uses $ 49,183,000 $ - $ - $ - $ 2,043,000 $ - $ - $ 35,000 $ 400,000 $ 51,661,000
Operating expenses 19,556,000 19,556,000
Purchased Power 14,969,000 14,969,000
subtotal 34,525,000 34,525,000
To other Fund:
GF to Rate Reserve Replenish 0 0
GF to Rate Reserve 96,000 96,000
GF to Capital Reserves 800,000 800,000
GF to Capital Reserve,Vehicles 925,000 925,000
LCFS/AB32 funds to GF 35,000 400,000 435,000
Debt Service 431,000 431,000
Capital Expenditures 12,406,000 0 1,838,000 0 0 14,244,000
Vehicle Reserve,Rental Expense 205,000 205,000
Sources less Uses Budget NET $ 196,000 $ 279,000 $ 61,000 $ 1,011,000 $ 885,000 $ 193,000 $ - $ 12,000 $ 44,000 $ 799,000
Beginning Fund Balance,Budgeted 9,564,000 7,300,000 2,434,000 8,457,000 2,417,000 457,000 36,000 259,000 $ 30,924,000
Ending Fund Balance,Budgeted $ 9,760,000 $ 7,579,000 $ 2,495,000 $ 9,468,000 $ 1,532,000 $ 650,000 $ - $ 24,000 $ 215,000 $ 31,723,000
variance to Goal$ 380,000 373,000 395,000 (2,534,000) (497,000)
variance to Goal% 4% 5% 19% -19% -2%
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Truckee Donner Public Utility District
WATER Utility by Fund
2026 Budget (year 1) WS 10/15/2025
GF and
Operating Deferred Capital Vehicles Facility Designated
General Liability Reserves Reserve Fees Funds,
Fund Fund Fund Fund Fund Combined
Sources 23,069,000 3,000 143,000 555,000 645,000 24,415,000
Operating Revenue, Rates 22,084,000 22,084,000
Operating Revenue, Other 348,000 348,000
subtotal 22,432,000 22,432,000
Investment Income 178,000 3,000 143,000 11,000 335,000
Facility Fees collected 645,000 645,000
Vehicle sales proceeds 60,000 60,000
From other Fund:
GF to Capital Reserves 0 0
GF to Capital Reserve,Vehicles 484,000 484,000
DL billing surcharge for 2006 COPS DS 100,000 100,000
FF portion of 2006 COPs to GF for DS 359,000 359,000
Uses 23,061,000 - 2,750,000 602,000 359,000 26,772,000
Operating expenses 13,567,000 13,567,000
Interdept Rent 663,000 663,000
subtotal 14,230,000 14,230,000
To other Fund:
GF to Capital Reserves 0 0
GF to Capital Reserve,Vehicles 484,000 484,000
FF portion of 2006 COPs 359,000 359,000
Debt Service 1,984,000 1,984,000
Capital Expenditures 6,363,000 2,750,000 602,000 0 9,715,000
Vehicle Reserve, Rental Expense 0 0
Sources less Uses Budget NET $ 8,000 $ 3,000 $ 2,607,000 $ 47,000 $ 286,000 $ 2,357,000
Beginning Fund Balance, Budgeted $ 7,100,000 $ 125,000 $ 5,700,000 $ 475,000 $ 1,800,000 $ 15,200,000
Ending Fund Balance,Budgeted $ 7,108,000 $ 128,000 $ 3,093,000 $ 428,000 $ 2,086,000 $ 12,843,000
..........................................................................................
variance to Goal$ (7,000) (5,316,000) (3,933,000)
variance to Goal% 0% -60% -23
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Truckee Donner Public Utility District
WATER Utility by Fund
2027 Budget (year 2) WS 10/15/2025
GF and
Operating Deferred Capital Vehicles Facility Designated
General Liability Reserves Reserve Fees Funds,
Fund Fund Fund Fund Fund Combined
Sources 24,617,000 3,000 77,000 342,000 670,000 25,709,000
Operating Revenue, Rates 23,637,000 23,637,000
Operating Revenue, Other 345,000 345,000
subtotal 23,982,000 23,982,000
Investment Income 178,000 3,000 77,000 15,000 273,000
Facility Fees collected 670,000 670,000
Vehicle sales proceeds 0 0
From other Fund:
GF to Capital Reserves 0 0
GF to Capital Reserve,Vehicles 327,000 327,000
DL billing surcharge for 2006 COPS DS 97,000 97,000
FF portion of 2006 COPs to GF for DS 360,000 360,000
Uses 24,253,000 - 1,300,000 - 979,000 26,532,000
Operating expenses 14,230,500 14,230,500
Interdept Rent 688,500 688,500
subtotal 14,919,000 14,919,000
To other Fund:
GF to Capital Reserves 0 0
GF to Capital Reserve,Vehicles 327,000 327,000
FF portion of 2006 COPs 360,000 360,000
Debt Service 1,987,000 1,987,000
Capital Expenditures 7,020,000 1,300,000 0 619,000 8,939,000
Vehicle Reserve, Rental Expense 0 0
Sources less Uses Budget NET $ 364,000 $ 3,000 $ 1,223,000 $ 342,000 $ 309,000 $ 823,000
Beginning Fund Balance, Budgeted $ 7,108,000 $ 128,000 $ 3,093,000 $ 428,000 $ 2,086,000 $ 12,843,000
Ending Fund Balance,Budgeted $ 7,472,000 $ 131,000 $ 1,870,000 $ 770,000 $ 1,777,000 $ 12,020,000
variance to Goal$ 357,000 (6,197,000) (4,756,000)
variance to Goal% 5% -70% -28
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TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
ELECTRIC OPERATIONS REVENUE STATEMENT
OPERATING REVNUE BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
and OTHER INFLOWS FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Residential Sales $ 23,297,100 $ 20,485,098 $ 24,696,000 $ 1,398,900 6% $ 26,216,200 $ 1,520,200 6%
Commercial Sales 16,931,500 15,693,592 17,988,700 1,057,200 6% 19,096,200 1,107,500 6%
Interdepartmental Sales 1,769,000 1,492,169 1,745,300 (23,700) -1% 1,832,600 87,300 5%
subtotal,Rates Revenue 41,997,600 37,670,860 44,430,000 2,432,400 6% 47,145,000 2,715,000 6%
Miscellaneous Operating Revenue 160,900 244,291 182,000 21,100 13% 184,000 2,000 1%
Standby Revenue 15,000 16,039 15,000 0 0% 15,000 0 0%
Pole Replacements and Contacts 420,000 454,313 450,000 30,000 7% 467,500 17,500 4%
Interdepartmental Rent 607,500 596,625 663,000 55,500 9% 688,500 25,500 4%
subtotal, Other Revenue 1,203,400 1,311,268 1,310,000 106,600 9% 1,355,000 45,000 3%
TOTAL OPERATING REVENUE 43,201,000 38,982,128 45,740,000 2,539,000 6% 48,500,000 2,760,000 6%
Interest Income (General Fund Only) 225,000 279,285 225,000 0 0% 239,000 14,000 6%
Transfer in from Vehicle Reserve Fund-Capex 1,369,500 (208,025) 755,000 (614,500) -45% 1,8389000 1,0839000 143%
Transfer in from Vehicle Reserve Fund-Expense 197,000 205,000
Transfer in from Capital Reserve Fund 7,200,000 0 6,000,000 (1,2009000) -17% 0 (6,000,000) -100%
Transfer in from Facility Fees Fund 500,000 0 0 (500,000) -100% 0 0 -
Transfer in from LCFS Fund 0 0 113,000 113,000 - 35,000 (78,000) -69%
Transfer in from Rate Reserve 0 0 0 0 - 0 0 -
Transfer in from AB32 Reserve Fund 450,000 450,000 450,000 0 0% 400,000 (50,000) -11%
TOTAL ELECTRIC REVENUE&OTHER$IN $ 52,945,500 $ 39,503,388 $ 53,480,000 $ 534,500 1% $ 51,217,000 $ (2,263,000) -4%
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2 - Electric Summary and Schedules - page 1 of 9 Page 45 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
SUMMARY OF ELECTRIC REVENUES AND EXPENSES
BUDGET I PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
ELECTRIC REVENUES&OTHER INFLOWS $52,945,500 $39,503,388 $53,480,000 $534,500 1% $51,217,000 ($2,263,000) -4%
ELECTRIC OPERATING EXPENSES
Board of Directors 353,667 167,570 369,000 15,333 4% 366,600 (2,400) -1%
General Management 1,925,824 1,763,840 1,983,999 58,175 3% 2,097,197 113,198 6%
Administrative Services 1,624,192 1,693,916 1,735,352 111,160 7% 1,831,673 96,321 6%
Conservation 1,068,733 865,910 1,393,550 324,817 30% 1,398,939 5,389 0%
Electric Operations 8,951,943 8,429,706 10,504,616 1,552,673 17% 10,993,928 489,312 5%
Information Technology(IT) 1,928,360 1,994,692 1,911,247 (17,113) -1% 1,962,859 51,612 3%
Purchased Power 15,450,000 12,982,373 14,412,000 (1,038,000) -7% 14,969,000 557,000 4%
Building Maintenance(cost is 100%distributed) 866,381 861,103 862,236 (4,145) 0% 904,804 42,568 5%
TOTAL OPERATING EXPENSES $32,169,100 $28,759,111 $33,172,000 $1,002,900 3% $34,525,000 $1,353,000 4%
Operating Expenses(excluding Purch.Power) 16,719,100 15,776,738 18,760,000 2,040,900 12% 19,556,000 796,000 4.2%
Debt Service 432,000 425,556 429,000 (3,000) -1% 431,000 2,000 0%
Transfer to Rate Reserve(standard) 164,000 164,000 0 (164,000) -100% 96,000 96,000 -
Transfer to Rate Reserve(replenishment) 376,000 376,000 151,000 (225,000) -60% 0 (151,000) -100%
Transfer to Electric Vehicle Reserve 925,000 925,000 844,000 (81,000) -9% 925,000 81,000 10%
Transfer to Electric Capital Fund 2,000,000 2,000,000 0 (2,000,000) -100% 800,000 800,000 0%
TOTAL EXPENSES&TRANSFERS 36,066,100 32,649,667 34,596,000 (1,470,100) -4% 36,777,000 2,181,000 6%
NET AVAILABLE FOR CAPITAL $16,879,400 $6,853,721 $18,884,000 $2,004,600 12% $14,440,000 ($4,444,000) -24%
Capital Expenditures (22,501,100) (7,593,471) (18,320,000) 4,181,100 -19% (14,244,000) 4,076,000 -22%
Bond Debt Proceeds utilized 6,500,000 - (6,500,000) -100% - 0 -
Net Change in General Fund, Electric $ 878,300 $ (739,750) $ 564,000 (314,300) -36% $ 196,000 (368,000) -65%
comments:
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2 - Electric Summary and Schedules - page 2 of 9 Page 46 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS) TRUCKEE DONNER
Electric Utility - Operating Expenses - by Type Pub District
$ in thousands
Budget Year FY25 change FY26 change FY27
Gross Wages (Recommended Labor) $ 7,789 15.6% $ 9,004 2.9% $ 9,269 excludes BoD$24k
less to WorkOrders/Capital labor (1,562) 27.9% (1,999) -1.0% (1,980)
less to Labor Overhead, non-productive labor (1,096) 16.5% (1,277) 3.4% (1,321) vacation/sick/admin/hol.
plus board of directors compensation 12 0.0% 12 0.0% 12 50%E/50%W,$24k TL(cc1)
Net Operating Expense Labor (wages) 5,142 11.6% 5,740 4.2% 5,981
Overheads charged to Operating Expense 5,587 8.1% 6,038 5.7% 6,383 Construction OH n/a for Op Exp
Labor Overhead 4,793 8.5% 5,201 5.9% 5,506
Transporation Overhead 592 7.0% 633 4.1% 659
Administrative Overhead 202 1.1% 204 6.4% 217
Purchased Power(E) / Power Costs (W) 15,450 -6.7% 14,412 3.9% 14,969
Transfers In (Out), net (629) 12.1% (705) 5.8% (747) Const and Admin OH, primarily
Building Rent - - - - - n/a for Electric
Vendor Expenses 6,619 16.1% 7,687 3.3% 7,939
a. Strategic Initiatives 120 0.0% 120 0.0% 120 electric cost portion(cc1)
b. Wildfire Mitigation, veg.mg mt.contractor 2,060 3.0% 2,122 4.0% 2,207 Veg Mgmt Contractor(cc6)
c. Conservation 621 60.4% 996 -1.9% 978 (cc4)
d. 100 Year Anniversary - - 15 51.0% 23 50%E/50%W (cc2.921.657)
e. FERC/Regulatory Consulting/Legal - - 100 0.0% 100
f. Vendor expenses, all other 3,818 13.5% 43333 4.1% 43512
Total Operating Expenses $ 32,169 3.1% $ 33,172 4.1% $ 34,525
check $0 $0 $0
(L) primarily Paid Time Off aka Non-Productive wages for Holiday, Vacation, and Sick
(LO) Labor Overhead primary components are non-productive wages, pension costs, and health insurance costs.
a. vendor cost estimates in budget for moving forward on Strategic Initiatives of the District
b. vendor cost budget, excludes Labor and Labor Overhead performing WDS efforts
c. vendor cost budget, increased to reflect electric revenue portion related to Conservation regulatory charges
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2 - Electric Summary and Schedules - page 3 of 9 Page 47 of 93
TDPUD Budget FY2026 and FY2O27 (10/15/2025 WS)
ELECTRIC EXPENDITURE DETAIL
BOARD OF BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
DIRECTORS FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Outside Services Employed $160,900 $15,370 $160,000 ($900) -1% $161,500 $1,500 1
This account is utilized to reflect costs associated with the District's general counsel attendance at board meetings and his performance of research on legal issues
presented at the board level.
Miscellaneous General Expenses 192,767 152,200 209,000 16,233 8% 205,100 (3,900) -2%
This account covers compensation and benefits paid to directors,election,annual employee recognition dinner,training and conferences attended by directors,minor
office supplies and equipment.
TOTAL $353,667 $167,570 $369,000 $15,333 4% $366,600 ($2,400) -1
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2 - Electric Summary and Schedules - page 4 of 9 Page 48 of 93
TDPUD Budget FY2026 and FY2027 (10/1512025 WS)
ELECTRIC EXPENDITURE DETAIL
GENERAL BUDGET I PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
MANAGEMENT FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Public Information $151,845 $164,651 $251,396 $99,551 66% $263,510 $12,114 5%
This account includes the activities of the PIO plus the website and newsletter.
Administrative&General-Salaries 746,922 732,202 688,030 (58,892) -8% 745,298 57,268 8%
This account is used to charge general administrative staff time other than safety and board related activities.
Legislature&Regulations 175,284 206,925 159,782 (15,502) -9% 169,591 9,809 6%
This account is for legislation and regulation tracking labor.
Office Supplies&Expenses 105,055 89,018 120,500 15,445 15% 132,508 12,008 10%
This account is used to cover cell phone use,computer expenses,dues&memberships including LAFCO and NCPA,industry meetings,office supplies,postage,
training,assessment,personnel expenses and safety.
Outside Services Employed 204,660 113,502 154,500 (50,160) -25% 174,580 20,080 13%
This account is used to charge the costs of general counsel to review contracts and agreements,property issues,insurance claims,bid issues,capital contract issues
and union matters.
Injuries&Damages 424,148 394,014 483,741 59,593 14% 480,618 (3,123) -1%
This account includes labor for department safety meetings and training and the organization's wellness program,and addition of Safety and Risk Coordinator postion
FTE starting in Budget 2022(split 50%E/50%W).
General Advertising Expenses 117,910 63,528 126,050 8,140 7% 131,092 5,042 4%
This account is used for the cost of publishing ordinances,surplus material,and other legal ad requirements.
Misc General Expenses 0 0 0 0 - 0 0 -
This account is used to perform board related activities such as preparing meeting minutes,resolutions and ordinances;it is also charged with dues and
memberships in electric utility organizations.
TOTAL $1,925,824 $1,763,840 $1,983,999 $58,175 3% $Z097,197 $113,198 6%
($161,984)
-8%
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2 - Electric Summary and Schedules - page 5 of 9 Page 49 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
ELECTRIC EXPENDITURE DETAIL
ADMINISTRATIVE BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
SERVICES FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Meters/Services Operations Expenses $0 $217 $0 $0 - $0 $0 This account is used by the meter readers to charge their time to perform meter connects,disconnects and service transfers.
Customer Installation Expense 0 0 0 0 - 0 0 -
This account includes charges for G0165 inspections for the electric department as well as investigations of energy diversion.
Customer Account Operations Expense-Salaries 179,057 195,173 198,301 19,244 11% 206,848 8,547 4%
This account includes the management staff supervision of the customer service and billing functions.
Meter Reading Expense 9,270 0 0 (9,270) -100% 0 0 This account is used to charge meter reading expenses which includes meter reader labor,overheads,and the hardware and software that supports the meter readers;it also includes their clothing allowance,uniform expenses,vehicle expenses and
training.
Customer Records&Collections Expense 622,869 617,909 647,438 24,569 4% 690,669 43,231 7%
This account includes the major expenses involved in serving our customers. Included are answering and directing phone calls,answering customer questions,customer account setup expenses,taking and processing customer payments,creating
connect,disconnect and transfer paperwork for the crews,creating and reviewing bills,expenses related to the printing and mailing of the bills,account collection expense,billing software and hardware support,standby billing expenses,billing equipment
maintenance expenses,printed billing and collection forms,billing postage and customer service staff training.
Customer Records&Collections-Meter Readers 13,222 1,824 0 (13,222) -100% 0 0 -
This account includes the meter readers labor and overheads to deliver 48 hour notices and perform disconnect and reconnects relating to non-payment of utility bills.
Provision for Bad Debts 12,275 6,066 10,500 (1,775) -14% 10,920 420 4%
This account represents the amount of uncollectable bills for the year.
Administrative&Operations General-Salaries 393,686 472,723 454,019 60,333 15% 484,203 30,184 7%
This account includes most of the labor for the administration department except meter reading and customer account related expenses. It includes preparation of the budget and financial statements,accounts payable and payroll,construction
accounting,cash management activities and processing the daily mail.
Office Supplies&Expenses 99,140 107,052 102,250 3,110 3% 106,340 4,090 4%
This account includes bank charges,answering service charges,phone charges,computer and network operating expenses,software maintenance and support for the accounting system,printed forms and material,office equipment leases and equipment
maintenance expenses.
Outside Services Employed 42,767 47,117 48,500 $5,733 13% 47,783 ($717) -1%
This account includes any professional services hired from the outside such as audit or accounting services,trust services for our certificates of participation and community facilities districts and arbitrage calculation services for the same.
Insurance 220,195 233,987 257,000 36,805 17% 266,500 9,500 4%
This account Includes annual insurance premiums for property,liability,umbrella liability,directors&officers liability,difference in conditions,boiler&machinery coverage insurance.
Injuries&Damages(Safety) 31,710 11,849 17,344 (14,366) -45% 18,410 1,066 6%
This account Includes costs for safety training,Department of Transportation Drug and Alcohol training,worker's compensation expenses for employees who have been injured and safety related equipment.
TOTAL $1,624,191 $1,693,916 $1,735,352 $111,161 7% $1,831,673 $96,321 6%
$69,725
4%
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2 - Electric Summary and Schedules - page 6 of 9 Page 50 of 93
TDPUD Budget FY2026 and FY2027 (10/1512025 WS)
ELECTRIC EXPENDITURE DETAIL
BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
CONSERVATION FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
PBC-Residential $277,285 $309,606 $341,826 $64,541 23% $358,271 $16,445 5%
PBC-Commercial 240,401 95,121 228,660 (11,741) -5% 243,614 14,954 7%
PBC-Education&Outreach 41,326 5,920 37,574 (3,752) -9% 40,493 Z919 8%
PBC-Income Qualified 52,429 85,282 105,416 52,987 101% 109,565 4,149 4%
PBC-Research&Development 140,366 98,970 264,699 124,333 89% 299,666 34,967 13%
PBC-Renewables 165,000 165,000 270,000 105,000 64% 279,000 9,000 3%
PB:SB1-CA Solar Initiative 0 0 0 0 - 0 0 -
LCFS:Residential 37,272 35,207 0 (37,272) -100% 0 0 -
LCFS:Commercial 33,003 12,158 0 (33,003) -100% 0 0 -
LCFS:Income Qualified 30,179 3,213 113,130 82,951 275% 34,697 (78,433) -69%
Public Benefits-Research&Development 0 0 0 0 - 0 0 -
ADMIN and Ops General(Payroll) 26,577 38,246 7,878 (18,699) -70% 8,261 383 5%
Office Supplies&Expenses 22,155 13,787 21,510 (645) -3% 22,372 862 4%
This account includes office supplies,dues,memberships and meeting and training expenses.
Injuries&Damages(Safety) Z740 3,400 Z857 117 4% 3,000 143 5%
Safety meetings
930.1 0
TOTAL $1,068,733 $865,910 $1,393,550 $324,817 30% $1,398,939 $5,389 0%
($20Z823)
-19%
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2 - Electric Summary and Schedules - page 7 of 9 Page 51 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
ELECTRIC EXPENDITURE DETAIL
ELECTRIC BUDGET I PRIOR 12 MOS BUDGET 1 $BUDGET %BUDGET I BUDGET 1 $BUDGET I%BUDGET
OPERATIONS FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Operations/PM Sup&Engineering $1,238,327 $1,375,139 $2,078,506 $840,179 68% $2,202,225 $123,719 6%
This account is utilized by the electric superintendent and electric engineer for supervision,engineering and management of District electric operations and electric projects. It also includes design and engineering labor of District
electric projects.
Substation Operations/PM 480,107 209,167 3,870,505 3,390,398 706% 3,984,097 113,592 3%
This account Includes all work done on,and within,substations including snow removal,maintenance,repairs and associated materials and employee training.
Distribution Operations/PM 3,448,266 4,097,006 3,858,000 409,734 12% 4,012,440 154,440 4%
This account Includes all maintenance work such as mandated programs(including wildfire mitigation),pole testing,tree trimming,pole clearing,small tools and employee training.
Meter Operations/PM 267,013 171,664 0 (267,013) -100% 0 0 -
This account includes connecting and disconnecting meters,checking the operation of demand meters,meter audits where we verify the wiring and accuracy of commercial meter installations,rebuilding of old commercial meter
installations and training of meter technicians.
Customer Installation Operations/PM 143,154 0 0 (143,154) -100% 0 0 -
This account primarily includes the inspection of new residential services including checks of wiring code compliance. It is also used to do field investigations of customer high bill complaints,voltage irregularities and energy
diversion.
Misc General Operations/PM 846,956 833,785 0 (846,956) -100% 0 0 -
This account includes testing of transformer oil to determine PCB content,GIS mapping of the electric system,SCADA repairs and maintenance,cell phones qne pages. It also includes computer hardware and software
maintenance,clothing allowance,DMV physicals,meals,uniforms,land fill charges,meeting expenses,advertising,new employee testing,employee development and training,and Underground Service Alert marking of utilities.
Maintenance of Distribution Lines 1,651,477 1,080,246 0 (1,651,477) -100% 0 0 -
This account primarily includes labor and material material for recloser repair,distribution line repair,damage tree clearing,standby labor and storm damage repair.
Professional Services 376,980 245,167 0 (376,980) -100% 0 0 -
This account includes payments to Energy Source and Power Supply consultants. It also includes UAMPS expenditures.
Injuries&Damages(Safety) 334,458 283,940 0 (334,458) -100% 0 0 -
This account Includes labor for safety meetings,safety equipment and safety meeting/training expenses.
Regulatory Commission Expense 165,205 133,594 697,605 532,400 322% 795,166 97,561 14%
This account includes staff labor and legal fees for any FERC activity.
TOTAL $8,951,943 $8,429,706 $10,504,616 $1,552,673 17% $10,993,928 $489,312 5%
($522,237)
-6%
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2 - Electric Summary and Schedules - page 8 of 9 Page 52 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
ELECTRIC EXPENDITURE DETAIL
BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET J%BUDGETJ
INFORMATION TECHNOLOGY IT FY25 ENDING 7.2025 L FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Engineering&SCADA Operations $213,674 $263,661 $274,550 $60,876 28% $287,281 $12,731 5%
Management and Engineering support.
GIS/Engineering Operations 308,833 211,086 274,074 (34,759) -11% 222,396 (51,678) -19%
supports engineering and SCADA.
Meter Reading 157,789 142,257 158,862 1,073 1% 165,904 7,042 4%
supports meter technology and AMI.
Customer Records 203,385 198,890 194,066 (9,319) -5% 20Z570 8,504 4%
supports Customer Information and Customers.
Administrative&General IT Ops 957,580 1,082,453 922,585 (34,995) -4% 993,759 71,174 8%
infrastructure that supports data transport,storage and
Office Supplies&Expenses 38,563 34,328 37,440 (1,123) -3% 38,938 1,498 4%
meeting and training expenses.
Outside Services Employed 25,750 31,617 25,000 (750) -3% 26,000 1,000 4%
This account is for outside professional services contracted to maintain hardware,software and data.
Safety 22,786 30,400 24,670 1,884 8% 26,011 1,341 5%
This account includes department labor for safety meetings,safety equipment and training expenses.
TOTAL $1,928,360 $1,994,692 $1,911,247 ($17,113) -1% $1,962,859 $51,612 3%
$66,332
3%
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2 - Electric Summary and Schedules - page 9 of 9 Page 53 of 93
TDPUD Budget FY2026 and FY2027 (10/1512025 WS)
WATER OPERATIONS REVENUE STATEMENT
OPERATING REVNUE BUDGET PRIOR 12 MOS BUDGET $BUDGET I %BUDGET BUDGET $BUDGET %BUDGET
and OTHER INFLOWs FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Residential Sales $ 17,930,200 $ 17,581,271 $ 19,507,600 $ 1,577,400 9% $ 20,879,400 $1,371,800 7%
Commercial Sales 2,269,400 2,315,633 2,576,400 307,000 14% 2,757,600 181,200 7%
subtotal,Rates Revenue 20,199,600 19,896,904 22,084,000 1,884,400 9% 23,637,000 1,553,000 7%
Misc.Operating Revenue 188,000 279,269 198,400 10,400 6% 199,000 600 0%
Miscellaneous Rents 66,200 0 54,500 (11,700) -18% 54,800 300 1%
Standby Revenue 91,200 99,441 95,100 3,900 4% 91,200 (3,900) -4%
subtotal,Other Revenue 345,400 378,710 348,000 2,600 1% 345,000 (3,000) -1%
TOTAL OPERATING REVENUE 20,545,000 20,275,614 22,432,000 1,887,000 9% 23,982,000 1,550,000 7%
Interest Income (General Fund only) 198,991 324,396 178,000 (20,991) -11% 178,000 0 0%
Transfer in from Facilities Fees-for Debt 2006 COP 360,884 360,884 359,000 (1,884) -1% 360,000 1,000 0%
Transfer in from Facilities Fees -for capital projects 1,259,000 624,235 0 (1,259,000) 100% 619,000 619,000 -
Tnfx In DLAD billing surcharge-2006 COPs (not in OpRev) 97,925 98,504 100,000 2,075 2% 97,000 (3,000) -3%
Transfer in from Capital Reserve Fund 1,400,000 0 2,750,000 1,350,000 96% 1,300,000 (1,450,000) -53%
Transfer in from Vehicle Reserve Fund 392,600 270,000 602,000 209,400 53% 0 (602,000) 100%
TOTAL WATER REVENUE&OTHER$IN $ 24,254,400 $ 21,953,633 $ 26,421,000 $ 2,166,600 9% $ 26,536,000 $ 115,000 0%
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3 -Water Summary and Schedules- page 1 of 9 Page 54 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
SUMMARY OF WATER REVENUES AND EXPENSES
BUDGET PRIOR 12 MOS BUDGET 1 $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
FY25 ENDING 7.2025 FY26 CHANGE CHANGE L FY27 CHANGE CHANGE
WATER REVENUES&OTHER INFLOWS $24,254,400 $21,953,633 $26,421,000 $2,166,600 9% $269536,000 $115,000 0%
WATER OPERATING EXPENSES
Board of Directors 273,673 164,661 289,000 15,327 6% 286,600 (2,400) -1%
General Management 1,761,443 1,447,320 1,820,615 59,172 3% 1,926,738 106,123 6%
Administrative Services 1,795,666 1,780,398 1,939,098 1439432 8% 2,046,218 107,120 6%
Conservation 152,974 63,013 150,648 (2,326) -2% 173,009 22,361 15%
Water Operations 8,059,896 8,116,008 8,295,774 235,878 3% 8,661,563 365,789 4%
Information Technology(IT) 1,072,248 1,167,802 1,071,865 (383) 0% 1,136,372 64,507 6%
Interdepartmental Rent(Appendix 1) 607,500 5969625 663,000 55,500 9% 688,500 25,500 4%
TOTAL OPERATING EXPENSES $139723,400 $1393359827 $1492309000 $506,600 4% $1499199000 $6899000 5%
Debt Service(Appendix IX) 19990,600 39215,064 1,984,000 (6,600) 0% 1,987,000 39000 0%
Transfer to Vehicle Reserve Fund 327,000 279,950 484,000 157,000 48% 327,000 (157,000) -32%
Transfer to Capital Reserve 250,000 1,015,747 0 (250,000) -100% 0 0 -
TOTAL EXPENSES&TRANSFERS $16,291,000 $17,846,588 $16,698,000 $407,000 2% $17,233,000 535,000 3%
NET AVAILABLE FOR CAPITAL $7,963,400 $4,107,045 $9,723,000 $1,759,600 22% $9,303,000 ($420,000) -4%
Capital Expenditures (8,064,700) (5,972,524) (9,715,000) (1,650,300) 20% (8,939,000) 776,000 -8%
Bond Debt Proceeds Utilized - - - 0 - - 0 -
Net Change in General Fund, Water $ (1019300) $ (19865,479) $ 89000 1099300 -108% $ 3649000 3569000 4450%
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TDPUD Budget FY2026 and FY2027 (10/15/2025 WS) TRUCKEE DONNER
Water Utility - Operating Expenses - by Type Pub District
$ in thousands
Budget Year FY25 change FY26 change FY27
Gross Wages (Recommended Labor) $ 5,001 7.6% $ 5,380 6.3% $ 5,718 excludes BoD$24k
less to WorkOrders/Capital labor (164) -1.6% (162) 46.7% (237)
less to Labor Overhead, non-productive labor (660) 15.6% (763) 6.8% (815) vacation/sick/admin/hol.
plus board of directors compensation 12 0.0% 12 0.0% 12 50%E/50%W,$24k TL(cc1)
Net Operating Expense Labor (wages) 4,189 6.6% 4,467 4.7% 4,678
Overheads charged to Operating Expense 4,517 9.3% 4,938 6.1% 5,239 Construction OH n/a for Op Exp
Labor Overhead 3,691 9.6% 4,044 6.4% 4,303
Transporation Overhead 672 9.5% 736 4.1% 766
Administrative Overhead 154 3.2% 158 7.0% 170
Purchased Power(E) / Power Supply(W) 1,909 -3.4% 1,845 5.0% 1,938 electricty costs primarily(VE)
Transfers In (Out), net (1,722) 4.2% (1,794) 4.1% (1,868) Fleet Alloc primarily
Building Rent 608 9.1% 663 3.8% 689 paid to electric utility
Vendor Expenses (VE) 4,224 -2.7% 4,111 3.2% 4,244
a. Strategic Initiatives 40 0.0% 40 0.0% 40 water cost portion(cc1)
b. -C. - -
d. 100 Year Anniversary - - 15 51.0% 23 50%E/50%W (cc2.921.657)
e. Vendor expenses, all other 4,184 -3.1% 4,056 3.1% 4,182
Total Operating Expenses $ 13,723 3.7% $ 14,230 4.8% $ 14,919
check $0 $0 $0
(L) primarily Paid Time Off aka Non-Productive wages for Holiday, Vacation, and Sick
(LO) Labor Overhead primary components are non-productive wages, pension costs, and health insurance costs.
a. vendor cost estimates in budget for moving forward on Strategic Initiatives of the District
b.
C.
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TDPUD Budget FY2026 and FY2027 (1011512025 WS)
WATER EXPENDITURE DETAIL
BOARD OF BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
DIRECTORS FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Outside Services Employed $80,900 $12,805 $80,000 ($900) -1% $81,500 $1,500 2%
This account is utilized to reflect costs associated with the District's general counsel attendance at Board meetings and his performance of research on legal issues
presented at the Board level.
Miscellaneous General Expenses 192,773 151,855 209,000 16,227 8% 205,100 ($3,900) -2%
This account covers compensation and benefits paid to Directors,election,annual employee recognition dinner,training and conferences attended by Directors,minor
office supplies and equipment.
TOTAL $273,673 $164,661 $289,000 $15,327 6% $286,600 ($2,400) -1
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TDPUD Budget FY2026 and FY2027 (1011512025 WS)
WATER EXPENDITURE DETAIL
GENERAL BUDGET PRIOR 12MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
MANAGEMENT FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Public Information $151,842 $119,487 $203,657 $51,815 34% $213,471 $9,814 5%
This account includes the activities of the PIO plus the website and newsletter.
Administrative&General-Salaries 746,916 593,726 688,018 (58,898) -8% 745,291 57,273 8%
This account is used to charge general administrative staff time other than safety and board related activities.
Legislature&Regulations 86,231 77,658 107,104 20,873 24% 114,613 7,509 7%
This account is for legislation and regulation tracking labor.
Office Supplies&Expenses 105,050 92,112 120,500 15,450 15% 132,507 12,007 10%
This account is used to cover cell phone use,computer expenses,dues&memberships including LAFCO,industry meetings,office supplies,postage,training,assessment,personnel expenses and safety.
Outside Services Employed 167,580 139,331 148,500 (19,080) -11% 168,340 19,840 13%
This account is used to charge the costs of general counsel to review contracts and agreements,property issues,insurance claims,bid issues,capital contract issues and union matters.
Injuries&Damages(Safety) 424,179 388,541 483,736 59,557 14% 480,652 (3,084) -1%
This account includes labor for department safety meetings and training and the organization's wellness program,and addition of Safety and Risk Coordinator postion FTE starting in Budget 2022(split 50%E/50%W).
General Advertising Expenses 79,645 36,465 69,100 (10,545) -13% 71,864 Z764 4%
This account is used for the cost of publishing ordinances,surplus material,and other legal ad requirements.
Misc General Expenses 0 0 0 0 - 0 0 -
Used to perform board related activities such as preparing meeting minutes,resolutions and ordinances;it is also charged with dues and memberships in electric utility industry organizations.
TOTAL $1,761,443 $1,447,320 $1,820,615 $59,172 3% $1,926,738 $106,123 6%
($314,123)
-18%
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TDPUD Budget FY2026 and FY2027 (1011512025 WS)
WATER EXPENDITURE DETAIL
ADMINISTRATIVE BUDGET I PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET 1 $BUDGET %BUDGET
SERVICES FY25 ENDING 7.2025 FY26 CHANGE CHANGE L FY27 CHANGE CHANGE
Meters/Services Operations Expenses $0 $0 $0 $0 - $0 $0 This account is used by the meter readers to charge their time to perform meter connects,disconnects and service transfers. It is also used for investigating customer high bill complaints.
Customer Account Operations Expense-Salaries 179,053 195,079 198,296 19,243 11% 206,844 8,548 4%
This account includes the management staff supervision of the customer service and billing functions.
Meter Reading Expense 1,133 0 0 (1,133) -100% 0 0 This account is used to charge meter reading expenses which includes meter reader labor,overheads,and the hardware and software that supports the meter readers;it also includes their clothing allowance,uniform expenses,
vehicle expenses and training.
Customer Records&Collections Expense 622,857 611,687 647,428 24,571 4% 690,660 43,232 7%
This account includes the major expenses involved in serving our customers. Included are answering and directing phone calls,answering customer questions,customer account setup expenses,taking and processing customer
payments,creating connect,disconnect and transfer paperwork for the crews,creating and reviewing bills,expenses related to the printing and mailing of the bills,account collection expense,billing software and hardware support,
standby billing expenses,billing equipment maintenance expenses,printed billing and collection forms,billing postage and customer service staff training.
Provision for Bad Debts 7,725 4,048 4,500 (3,225) -42% 4,680 180 4%
This account represents the amount of uncollectable bills for the year.
Administrative&Operations General-Salaries 593,672 576,040 663,781 70,109 12% 704,284 40,503 6%
This account includes most of the labor for the administration department except meter reading and customer account related expenses. It includes preparation of the budget and financial statements,accounts payable and payroll,
construction accounting,cash management activities,processing the daily mail.
Office Supplies&Expenses 90,482 97,889 93,250 2,768 3% 96,980 3,730 4%
This account includes bank charges,answering service charges,phone charges,computer and network operating expenses,software maintenance and support for the accounting system,printed forms and material,office equipment
leases and equipment maintenance expenses.
Outside Services Employed 42,661 40,318 50,500 $7,839 18% 49,862 (638) -1%
This account includes any professional services hired from the outside such as audit or accounting services,trust services for our certificates of participation and community facilities districts and arbitrage calculation services for the
same.
Insurance 226,375 243,961 264,000 37,625 17% 274,500 10,500 4%
This account Includes annual insurance premiums for property,liability,umbrella liability,directors&officers liability,difference in conditions,boiler&machinery coverage insurance.
Injuries&Damages(Safety) 31,708 11,378 17,343 (14,365) -45% 18,408 1,065 6%
This account Includes costs for safety training,Department of Transportation Drug and Alcohol training,worker's compensation expenses for employees who have been injured and safety related equipment.
TOTAL $1,795,666 $1,780,398 $1,939,098 $143,432 8% $Z046,218 $107,120 6%
($15,268)
-1
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TDPUD Budget FY2026 and FY2027 (1011512025 WS)
WATER EXPENDITURE DETAIL
BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
CONSERVATION FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
PB Water Conservation-Residential $90,934 $45,017 $97,794 6,860 8% $124,367 26,573 27%
This account includes water conservation&efficiency
PB Water Conservation-Commercial $46,442 $7,616 $36,066 (10,376) -22% $32,030 (4,036) -11%
This account includes water conservation&efficiency
PB Water Conservation-Education&Outreach $7,416 $734 $3,680 (3,736) -50% $2,814 (866) -24%
This account includes water conservation&efficiency
Admin&General Salaries 2,954 8,376 10,396 7,442 252% 10,982 586 6%
This account includes the administrative salaries to perform
Office Supplies&Expenses 0 0 2,390 2,390 - Z484 94 4%
This account includes office supplies,dues,memberships and
Injuries&Damages(Safety) 5,228 1,271 322 (4,906) -94% 332 10 3%
Safety meetings
TOTAL $152,974 $63,013 $150,648 ($2,326) -2% $173,009 $22,361 15%
($89,961)
-59%
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TDPUD Budget FY2026 and FY2027 (1011512025 WS)
WATER EXPENDITURE DETAIL
WATER BUDGET PRIOR 12 MOS BUDGET 1 $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
OPERATIONS FY25 ENDING 7.2025 FY26 CHANGE CHANGE LFY27 CHANGE CHANGE
Operations Supervision&Engineering $675,405 $771,420 $686,918 $11,513 2% $726,626 $39,708 6%
This account is utilized by the water manager,superintendent and engineer for supervision,engineering and management of District water system.
Facilities Operations(source of supply Ops) 1,799,877 2,472,748 1,914,806 114,929 6% 1,973,106 58,300 3%
This account includes the operation of wells,pump stations,water treatment,water quality,DHS reports and fees and water quality reports. It also includes snow removal
and related employee training.
Power Supply 1,954,542 1,636,716 1,858,439 (96,103) -5% 1,951,679 93,240 5%
This account includes the cost of electrical power for the operation of the wells and pump stations.
Distribution Operations/PM 2,321,358 2,112,574 2,454,188 132,830 6% 21567,242 113,054 5%
This account includes the labor and materials to operate the water distribution system.
Meters/Service Operation 475,809 396,899 502,090 26,281 6% 522,147 20,057 4%
Misc General Operations/PM 712,809 591,038 753,810 41,001 6% 788,815 35,005 5%
This account includes a variety of items such as environmental compliance,GIS mapping of the water system,SCADA repairs and maintenance,cell phones,pagers,
computer hardware and software,clothing allowance,DMV physicals,meals,uniforms,land fill charges,meeting expenses,advertising and testing for new employees,
training,and Underground Service Alert marking of utilities and associated fees and costs.
Maintenance of Operations Sup&Engineering 0 0 0 0 - 0 0 -
Used by water manager,superintendent and engineer for supervision,engineering and management of District water system.
Maintenance of Sources 0 0 0 0 - 0 0 -
This account includes the maintenance and repair of pumps,motors,electrical control equipment and building repair.
Maintenance of Distribution Lines 0 0 0 0 - 0 0 -
This account includes the maintenance and repair of distribution line leaks,broken fire hydrants,etc.
Injuries&Damages 120,096 134,613 125,523 5,427 5% 131,948 6,425 5%
This account includes labor for safety meetings,equipment and training expenses.
Maintenance of District Office Building(Div 1) 866,381 861,103 862,236 (4,145) 0% 904,804 42,568 5%
TOTAL $8,926,277 $8,977,111 $9,158,010 231,733 3% $9,566,367 $408,357 4%
$50,834
1%
Total,excluding Maintenance of D.O.B. $8,0595896 $8,1165008 $8,295,774 235,878 2.9% $8,6615563 365,789 4.4%
$56,112
1%
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TDPUD Budget FY2026 and FY2027 (1011512025 WS)
WATER EXPENDITURE DETAIL
BUDGET PRIOR 12 MOS BUDGET $BUDGET %BUDGET BUDGET $BUDGET %BUDGET
INFORMATION TECHNOLOGY IT FY25 ENDING 7.2025 FY26 CHANGE CHANGE FY27 CHANGE CHANGE
Engineering&SCADA Operations $174,458 $250,610 $213,322 $38,864 22% $223,464 $10,142 5%
Management and Engineering support.
GIS/Engineering Operations 121,673 79,154 106,677 (14,996) -12% 111,430 4,753 4%
supports engineering and SCADA.
Meter Reading 55,613 62,543 55,888 275 0% 58,352 2,464 4%
supports meter technology and AMI.
Customer Records 135,593 132,587 129,376 (6,217) -5% 135,047 5,671 4%
supports Customer Information and Customers.
Administrative&General IT Ops 515,612 577,271 496,773 (18,839) -4% 535,103 38,330 8%
infrastructure that supports data transport,storage and
Office Supplies&Expenses 20,765 18,484 20,160 (605) -3% 20,966 806 4%
meeting and training expenses.
Outside Services Employed 25,750 16,782 25,000 (750) -3% 26,000 1,000 4%
This account is for outside professional services contracted to maintain hardware,software and data.
Safety 22,784 30,371 24,669 1,885 8% 26,010 1,341 5%
This account includes department labor for safety meetings,safety equipment and training expenses.
TOTAL $1,072,248 $1,167,802 $1,071,865 ($383) 0% $1,136,372 $64,507 6%
$95,554
9%
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Truckee Donner Public Utility District
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 10/15/2025)
Capital Expenditures Summary
ELECTRIC Division,by Funding Source 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 10 YR TOTALS
Electric Department Expenditures:
Facility Fees 0 0 0 0 0 0 0 0 0 0 0
Operating(Rates) 16,675,000 11,887,000 12,960,000 11,630,000 13,790,000 11,347,000 11,624,000 11,909,000 12,203,000 10,516,000 124,541,000
0
subtotal(see subschedule for projects) 16,675,000 11,887,000 12,960,000 11,630,000 13,790,000 11,347,000 11,624,000 11,909,000 12,203,000 10,516,000 124,541,000
Information Technology projects 890,000 519,000 262,000 183,000 674,000 335,000 266,000 187,000 716,000 315,000 4,347,000
funded from Operating(Rates)(see subschedule for projects)
Vehicle Reserves Expenditures 755,000 1,838,000 379,000 1,034,000 120,000 362,000 754,000 371,000 481,000 357,000 6,451,000
funded from Vehicle Reserves(via Rates)(see subschedule for projects)
Capital Expenditures,electric 18,320,000 14,244,000 13,601,000 12,847,000 14,584,000 12,044,000 12,644,000 12,467,000 13,400,000 11,188,000 135,339,000
Excluding Land/Bldg related 15,405,000 11,644,000 13,501,000 12,747,000 14,484,000 11,944,000 12,544,000 12,367,000 13,300,000 11,088,000 129,024,000
Electric Division Total $ 18,320,000 $ 14,244,000 $ 13,601,000 $ 12,847,000 $ 14,584,000 $ 12,044,000 $ 12,644,000 $ 12,467,000 $ 13,400,000 $ 11,188,000 $ 135,339,000
excludes Contributed Capital
WATER Division by Funding Source 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 10 YR TOTALS
Water Department Expenditures:
Facility Fees 0 619,000 0 535,572 0 550,694 0 504,834 0 703,019 2,913,119
Operating(Rates)and/or Capital Rsv.use 8,423,000 8,001,000 8,238,000 8,024,428 8,180,000 7,398,306 8,614,000 7,323,166 7,293,000 7,129,981 78,624,881
subtotal(see subschedule for projects) $ 8,423,000 $ 8,620,000 $ 8,238,000 $ 8,560,000 $ 8,180,000 $ 7,949,000 $ 8,614,000 $ 7,828,000 $ 7,293,000 $ 7,833,000 $ 81,538,000
Information Technology projects 690,000 319,000 262,000 183,000 674,000 335,000 266,000 187,000 716,000 315,000 3,947,000
funded from Operating(Rates)(see subschedule for projects)
Vehicle Reserves Expenditures 602,000 0 302,000 0 634,000 81,000 64,000 285,000 914,000 0 2,882,000
funded from Vehicle Reserves(via Rates)(see subschedule for projects)
Capital Expenditures,subtotal 9,715,000 8,939,000 8,802,000 8,743,000 9,488,000 8,365,000 8,944,000 8,300,000 8,923,000 8,148,000 88,367,000
Water Division Total $ 9,715,000 $ 8,939,000 $ 8,802,000 $ 8,743,000 $ 9,488,000 $ 8,365,000 $ 8,944,000 $ 8,300,000 $ 8,923,000 $ 8,148,000 $ 88,367,000
excludes Contributed Capital
10/8/202S 6:22 PM I:\BUDGET\CYB\Capital\Capital Plan for Budget.xlsm 10yr Summary
4 - Capital Expenditures - page 1 of 10 Page 63 of 93
Truckee Donner Public Utility District
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 10/15/2025)
ELECTRIC Department
ow 10YR Total 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
ref Major Work Category(MWC)
Emergency
1 *Storm Damage,Car v.Poles/Padmounted Equipment,transformer $ 1,719,582 $ 150,000 154,500 $ 159,135 $ 163,909 $ 168,826 $ 173,891 $ 179,108 $ 184,481 $ 190,016 $ 195,716
or cable/wire failures,dig-ins
2 Planned Pole Replacements 1,146,388 100,000 103,000 106,090 109,273 112,551 115,927 119,405 122,987 126,677 130,477
*Pole replacements resulting from failed inspections
System Reliability/Capacity/Wildfire
3 Mitigation 68,783,276 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
*Rebuild and Hardening of-6 miles of OH per vear
Capital Maintenance&System Upgrades
*System Capacity Projects
*Protection Device Upgrades
4 *Installation of Reclosers,switches,and SCADA controlled 5,379,553 300,000 500,000 515,000 530,450 546,364 562,754 579,637 597,026 614,937 633,385
equipment
*Replacement of Copper Conductors
Major Projects
*Glenshire/Truckee Feeder Tie Project
5 *Freeway,River,Railroad Crossing Rebuilds 2,340,523 100,000 300,000 - - 300,000 309,000 318,270 327,818 337,653 347,782
*Transmission Rebuiild
*Undererounding Proiects
6 *Battery Energy Storage System(BESS) 4,000,000 - - 2,000,000 2,000,000 - - - - - -
7 Martis Valley Substation Rebuild 3,000,000 3,000,000 - - - - - - - - -
*2026 Scope of Rebuild Proiect
SCADA&Grid Technology
8 *Pole Line Sensors 6,477,146 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
*SCADA Hardware Upgrades
*Field Device Communications
New Business/Joint Projects
9 *Town of Truckee School St./E St.Undergrounding 5,129,553 50,000 500,000 515,000 530,450 546,364 562,754 579,637 597,026 614,937 633,385
*Town of Truckee Jibboom St.Project
*Town of Truckee East/West River St.Future Proiects
10 Capital Equipment/Tools 573,194 50,000 51,500 53,045 54,636 56,275 57,964 59,703 61,494 63,339 65,239
*Procurement of specialized tools or tools over$10k
Meter Replacement&AMI Upgrades
11 *Annual Meter Replacement Costs 70,000 10,000 10,000 20,000 20,000 - - - - - 10,000
12 'AMI Meter Replacments Begininning in 2030 10,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000
13 SCADA Reliability Improvement Projects(SRIP)- 6,750,000 2,750,000 200,000 1,800,000 200,000 1,800,000
Fiber [IT portion of Project]
14
15 CONTINGENCY 2,856,786 250,000 258,000 265,430 272,193 281,059 289,065 297,326 305,526 314,422 323,765
16
17 District Building EV Charging Infrastructure upgrades 300,000 300,000 - - - - - - - - -
18 District Building Tire Storage Unit with Racking 15,000 15,000 - - - - - - - - -
19 District Building Other/Contingency 1,000,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
20 Land/Building(Capital Reserve) 5,000,000 2,500,000 2,500,000 - - - - - - - -
21 Land/Building(2022 Debt Proceeds Use) - - - - - - - - - -
22 Land/Building(current rates) - - - - - - - - - -
23
ELECTRIC DEPARTMENT TOTAL: $124,541,000 $ 16,675,000 $ 11,887,000 $ 12,960,000 $ 11,630,000 $ 13,790,000 $ 11,347,000 $ 11,624,000 $ 11,909,000 $ 12,203,000 $ 10,516,000
I
10 YR TOTALS 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Operating(Rates) 124,541,000 16,675,000 11,887,000 12,960,000 11,630,000 13,790,000 11,347,000 11,624,000 11,909,000 12,203,000 10,516,000
ELECTRIC DEPARTMENT TOTAL: $124,541,000 $ 16,675,000 $ 11,887,000 $ 12,960,000 $ 11,630,000 $ 13,790,000 $ 11,347,000 $ 11,624,000 $ 11,909,000 $ 12,203,000 $ 10,516,000
Electric System subtotal(rows 1-16 118,226,000I 13,760,000 9,287,000 12,860,000 11,530,000 13,690,0001 11,247,000 11,524,000 11,809,000 12,103,000 10,416,000
4 - Capital Expenditures - page 2 of 10 Page 64 of 93
Truckee Donner Public Utility District
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 S 10/15/2025
WATER UTILITY
Funding 10yr Total 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
ref Source Project Type
1 Rates New Pump Station $ $ $ $ $ $ $ $ $ $ $
2 Rates New Pipeline
3 Rates Pipeline Rehabilitation 2,324,750 2,324,750 - - - - - - - - -
4 Rates Pipeline Replacement 16,783,026 - 2,853,267 2,989,098 - 3,300,731 - 3,638,302 - 4,001,628 -
5 Rates Pump Station Replacement 27,424,449 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
6 Rates Pump Station Rehabilitation
7 Rates PRV Rehabilitation
8 Rates Well Rehabilitation 441,241 - - - - 441,241 - - - - -
9 Rates Well Replacement
10 Rates Tank Rehabilitation 4,122,468 813,756 454,082 426,542 - 1,305,790 - - 1,122,298 - -
11 Rates Tank Replacement 19,127,134 1,756,847 4,820,152 4,956,249 1,266,714 6,327,172
12 FF Tank Replacement 1,789,285 - - - 535,572 - 550,694 - - - 703,019
13 (expansion portion)
14• Rates New Well 1,123,834 - 619,000 - - - - - 504,834 - -
15IF New Well 1,123,834 619,000 504,834
16 (expansion portion)
17 Other Water Utility projects
18 Rates Water SCADA 1,381,000 120,000 124,000 128,000 132,000 136,000 140,000 144,000 148,000 152,000 1 157,000
19 Rates Generator - - - - - - - - - - -
20 Rates Facilities(asphalt overlay/replace) 1,381,000 120,000 124,000 128,000 132,000 136,000 140,000 144,000 148,000 152,000 157,000
21 Rates Facilities(bldg roof/hardening) 1,141,000 100,000 103,000 106,000 109,000 112,000 115,000 118,000 122,000 126,000 1 130,000
22 Rates Equipment 295,000 25,000 26,000 27,000 28,000 29,000 30,000 31,000 32,000 33,000 34,000
23 Rates CONTINGENCY 572,979 50,275 52,286 53,571 54,939 57,173 58,720 59,678 60,606 61,922 63,809
24 Rates
25 Rates Capital Improvement Plan full update 215,000 100,000 115,000
26 Rates Meter Rebuild
27 Rates Meter MTUs and Rebuilds 2,292,000 200,000 206,000 212,000 218,000 225,000 232,000 239,000 246,000 253,000 261,000
28
29 ORD Pipeline Replacement
30 ORD New Tank
31 ORD Well Replacement
32 ORD Pump Station Replacement
33
WATER DEPARTMENT TOTAL: $ 81,538,000 $ 8,423,000 $ 8,620,000 $ 8,238,000 $ 8,560,000 $ 8,180,000 $ 7,949,000 $ 8,614,000 $ 7,828,000 $ 7,293,000 $ 7,833,000
by Funding Source Totals 10 YR TOTALS 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
FF Facility Fees 2,913,119 619,000 535,572 550,694 504,834 703,019
Rates Operating(Rates) 78,624,881 8,423,000 8,001,000 8,238,000 8,024,428 8,180,000 7,398,306 8,614,000 7,323,166 7,293,000 7,129,981
ORD Operating(Rates)Debt Issuance 0 - - - - - - - - - -
WATER DEPARTMENT TOTAL: $ 81,538,000 $ 8,423,000 $ 8,620,000 $ 8,238,000 $ 8,560,000 $ 8,180,000 $ 7,949,000 $ 8,614,000 $ 7,828,000 $ 7,293,000 $ 7,833,000
Note-this schedule excludes Contributed Capital,IT and Vehicle projects.
4 - Capital Expenditures - page 3 of 10 Page 65 of 93
Water Division: 2024 - 2033 Capital Improvement Projects List
WATER DEPARMENT-TOTALS by YEAR New Debt Financed Facility Capital Other
and Funding Source Rates Rates Fees Reserve Sources
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 10/15/2025) Year OR ORD FF CR Os Total
2026 7,807,725 0 0 0 0 7,807,725
2027 7,365,714 0 619,000 0 0 7,984,714
2028 7,583,429 0 0 0 0 7,583,429
2029 7,250,489 0 535,572 0 0 7,786,061
2030 7,484,827 0 0 0 0 7,484,827
2031 6,682,586 0 550,694 0 0 7,233,280
2032 7,878,322 0 0 0 0 7,878,322
2033 6,451,560 0 504,834 0 0 6,956,394
2034 6,515,078 0 0 0 0 6,515,078
2035 6,327,172 0 703,019 0 0 7,030,191
Note-this schedule excludes Contributed Capital and Vehicle projects. 10 yr Total 71,346,902 0 2,913,119 0 0 74,260,021
Water Utility Detail by Year FUNDING UNIT CONSTRUCTION
FACILITYTYPE DESCRIPTION LENGTH,FT DIAM,IN YEAR SOURCE JUSTIFICATION QUANTITY UNITS COST COST
2026 PROJECTS
Pipeline Rehabilitation Northwoods/Zermatt,Northwoods/Driving Range,Skybowl Condos,and Hwy 3600++ Various 2026 TDPUD Rates Life-Cycle Replacement 5166 feet $ 450.00 $ 2,324,750
89/Rainbow Intertie Pipeline Construction(Slipline)[as revised 8/121
Tank Rehabilitation Donner Trails(0.16 MG) NA NA 2026 TDPUD Rates Life-Cycle Maintenance 1 EA $ 302,493.78 $ 302,494
Tank Rehabilitation The Strand 2(0.32 MG) NA NA 2026 TDPUD Rates Life-Cycle Maintenance 1 EA $ 511,261.72 $ 511,262
Pump Station Replacement Martiswoods Pump Station Replacement NA NA 2026 TDPUD Rates Life-Cycle Replacement 1 EA $ 2,291,013.31 $ 2,291,013
Pump Station Replacement Innsl3ruck Pump Station Replacement NA NA 2026 TDPUC Rates Life-Cycle Replacement 1 EA $ 2,378,205.96 $ 2,378,206
2026 Total $ 7,807,725
2027 PROJECTS(Airport Well Replacement Option)
Pipeline Replacement TBD TBD TBD 2027 TDPUD Rates Life-Cycle Replacement 1 LS $ 2,852,871.09 $ 2,853,267
Tank Rehabilitation Sierra Meadows(0.25 MG) NA NA 2027 TDPUD Rates Life-Cycle Maintenance 1 EA $ 454,081.71 $ 454,082
New Well New Airport Well(or Tank)FacFees portion NA NA 2027 TDPUD FF Life-Cycle Replacement 1 EA $ 618,697.68 $ 619,000
New Well New Airport Well(or Tank) NA NA 2027 TDPUD Rates Life-Cycle Replacement 1 EA $ 618,697.68 $ 619,000
Pump Station Replacement Sitzmark Hydro Station Replacement NA NA 2027 TDPUD Rates Life-Cycle Replacement 1 EA $ 1,732,257.62 $ 1,732,258
Pump Station Replacement Northside Pump Station Replacement NA NA 2027 TDPUD Rates Life-Cycle Replacement 1 EA $ 1,707,107.00 $ 1,70727
2027 Total $ 7,984,714
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4 - Capital Expenditures - page 4 of 10 Page 66 of 93
Water Division: 2024 - 2033 Capital Improvement Projects List
Water Utility Detail by Year FUNDING UNIT CONSTRUCTION
FACILITYTYPE DESCRIPTION LENGTH,FT DIAM,IN YEAR SOURCE JUSTIFICATION QUANTITY UNITS COST COST
2028 PROJECTS
Pipeline Replacement TBD TBD TBD 2028 TDPUD Rates Life-Cycle Replacement 1 LS $ 2,989,097.51 $ 2,989,098
Tank Rehabilitation Somerset 2(0.21 MG) NA NA 2028 TDPUD Rates Life-Cycle Maintenance 1 EA $ 426,542.48 $ 426,542
Tank Replacement New Somerset 1 Tank(0.28 MG) NA NA 2028 TDPUD Rates Life-Cycle Maintenance 1 EA $ 1,756,847.34 $ 1,756,847
Pump Station Replacement Roundhill Hydro Station Replacement NA NA 2028 TDPUD Rates Life-Cycle Replacement 1 EA $ 1,343,996.11 $ 1,343,996
Pump Station Replacement West Palisades Hydro Station Replacement NA NA 2028 TDPUD Rates Life-Cycle Replacement 1 EA $ 1,066,945.62 $ 1,066,946
2028 Total $ 7,583,429
2029 PROJECTS
Pipeline Replacement TBD TBD I TBD 1 2029 TDPUD1 Rates I Life-Cycle Replacement 1 LS $
Tank Replacement New InnsBruck Tank(1 MG) Fac Fee portion NA NA 1 2029 TDPUD FF Life-Cycle Replacement 1 EA $ 535,572.41 $ 535,572
Tank Replacement New InnsBruck Tank(1 MG) NA NA 1 2029 TDPUD1 Rates I Life-Cycle Replacement 1 EA $ 4,820,151.70 $ 4,820,152
Pump Station Replacement Alder Creek Pump Station Replacement NA NA 1 2029 TDPUD Rates I Life-Cycle Replacement 1 EA $ 2,430,337.18 $ 2,430,337
2029 Total $ 7,786,061
2030 PROJECTS
Pipeline Replacement TBD TBD TBD 2030 TDPUD Rates Life-Cycle Replacement 1 LS $ 3,300,731.22 $ 3,300,731
Well Rehabilitation TBD NA NA 2030 TDPUD Rates Life-Cycle Replacement 1 EA $ 441,240.67 $ 441,241
Tank Rehabilitation Prosser Annex(0.215 MG) NA NA 2030 TDPUD Rates Life-Cycle Maintenance 1 EA $ 484,513.47 $ 484,513
Tank Rehabilitation Gateway(0.45 MG) NA NA 2030 TDPUD Rates Life-Cycle Maintenance 1 EA $ 821,277.00 $ 821,277
Pump Station Replacement TBD NA NA 2030 TDPUD Rates Life-Cycle Replacement 1 EA $ 2,437,065.21 $ 2,437,065
2030 Total $ 7,484,827
2031 PROJECTS
Pipeline Replacement TBD TBD TBD 2031 TDPUD Rates Life-Cycle Replacement 1 LS $ -
Tank Replacement New Herringbone Tank(1 MG)Fac Fee Portion NA NA 2031 TDPUD FF Life-Cycle Replacement 1 EA $ 550,694.33 $ 550,694
Tank Replacement New Herringbone Tank(1 MG) NA NA 2031 TDPUD Rates I Life-Cycle Replacement 1 EA $ 4,956,249.01 $ 4,956,249
Pump Station Replacement Pinnacle Hydro Station Replacement NA NA 2031 TDPUC Rates I Life-Cycle Replacement 1 EA $ 1,726,336.72 $ 1,726,337
2031 Total $ 7,233,280
2032 PROJECTS
Pipeline Replacement TBD TBD TBD 1 2032 TDPUD Rates I Life-Cycle Replacement 1 LS $ 3,638,302.35 $ 3,638,302
Tank Replacement New Strand 1 Tank(0.42 MG) NA I NA 1 2032 TDPUD1 Rates I Life-Cycle Replacement 1 1 EA $ 1,266,714.27 $ 1,266,714
Pump Station Replacement Ski Lodge Pump Station Replacement NA I NA 1 2032 TDPUD Rates I Life-Cycle Replacement 1 EA $ 2,973,305.52 $ 2,973,306
2032 Total $ 7,878,322
2033 PROJECTS
Pipeline Replacement TBD TBD TBD 2033 TDPUD Rates Life-Cycle Replacement 1 LS $ -
Tank Rehabilitation Wolfe Estates(0.23 MG) NA NA 2033 TDPUD Rates Life-Cycle Maintenance 1 EA $ 564,896.97 $ 564,897
Tank Rehabilitation Prosser Heights(0.21 MG) NA NA 2033 TDPUD Rates Life-Cycle Maintenance 1 EA $ 557,400.82 $ 557,401
New Well this is an ADD,not replacement Fac Fee Portion NA NA 2033 TDPUD FF Life-Cycle Replacement 1 EA $ 504,834.32 $ 504,834
New Well this is an ADD,not replacement NA NA 2033 TDPUD Rates Life-Cycle Replacement 1 EA $ 504,834.32 $ 504,834
Pump Station Replacement TBD NA NA 2033 TDPUD Rates Life-Cycle Replacement 1 EA $ 2,412,213.54 $ 2,412,214
Pump Station Replacement TBD NA NA 2033 TDPUD Rates Life-Cycle Replacement 1 EA $ 2,412,213.54 $ 2,412,214
2033 Total $ 6,956,394
2034 PROJECTS
Pipeline Replacement TBD TBD TBD 1 2034 TDPUD Rates Life-Cycle Replacement 1 LS $ 4,001,627.97 $ 4,001,628
Pump Station Replacement ITBD I NA I NA 1 2034 TDPUD1 Rates I Life-Cycle Replacement 1 I EA $ 2,513,449.84 $ 2,513,450
2034 Total $ 6,515,078
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4 - Capital Expenditures - page 5 of 10 Page 67 of 93
Water Division: 2024 - 2033 Capital Improvement Projects List
Water Utility Detail by Year FUNDING UNIT CONSTRUCTION
FACILITYTYPE DESCRIPTION LENGTH,FT DIAM,IN YEAR SOURCE JUSTIFICATION QUANTITY UNITS COST COST
2035 PROJECTS
Pipeline Replacement TBD 1 2035 TDPUD Rates Life-Cycle Replacement 1 LS $ -
Tank Replacement New Ski Lodge Tank(1 MG) FacFees 1 2035 TDPUD FF Life-Cycle Replacement 1 EA $ 703,019.07 $ 703,019
Tank Replacement New Ski Lodge Tank(1 MG)Rates NA I NA 1 2035 TDPUD Rates Life-Cycle Replacement 1 EA $ 6,327,171.63 $ 6,327,172
2035 Total $ 7,030,191
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4 - Capital Expenditures - page 6 of 10 Page 68 of 93
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 10/15/2025)
Capital Projects Expenditure Plan -Information Technology
Project Name Split 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
E W
Hardware Refresh 50% 50% 160,000 165,000 350,000 190,000 195,000 190,000 350,000 190,000 195,000 190,000
Enterprise Software 50% 50% 100,000 100,000 100,000
Data Center UPS 50% 50% 50,000 50,000 50,000 50,000 50,000 50,000
Radio System 50% 50% 50,000 50,000 50,000 50,000 100,000 50,000 50,000 50,000 100,000 50,000
Hyperconverged Infrastructure 50% 50% 400,000 450,000 500,000
(HCI)Replacement
GIS Upgrade 50% 50% 400,000 425,000 450,000
Security Projects 50% 50% 50,000 100,000 100,000 100,000
Enterprise Security Platform 50% 50% 200,000 100,000 50,000 50,000 50,000 100,000 50,000 50,000 50,000 50,000
(Video and Access Control)
SCADA Reliability Improvement 100% 0% «« row funded by Electric Capital Reserves,see Electric schedule
Projects(SRIP)-Fiber
ESCADA System Build Out 100% 0% 200,000 200,000
Contingency 50% 50% 70,000 73,000 74,000 76,000 78,000 80,000 82,000 84,000 87,000 90,000
Total Annual Totals 1,580,000 838,000 524,000 366,000 1,348,000 670,000 532,000 374,000 1,432,000 630,000
Electric Electric Total 890,000 519,000 262,000 183,000 674,000 335,000 266,000 187,000 716,000 315,000
Water Water Total 690,000 319,000 262,000 183,000 674,000 335,000 266,000 187,000 716,000 315,000
10 year total 8,294,000
««funded b
SCADA Reliability Improvement to bid'26 in Oct'25 y Electric Capital
Projects(SRIP)-Fiber 2,750,000 2,000,000 2,000,000 Reserves LISTED/N E CAPEX Electric 4,347,000
Water 3,947,000
10/8/2025 6:22 PM I:\BUDGET\CYB\Capital\Capital Plan for Budget.xlsm IT Page 7 of 10
4 - Capital Expenditures - page 7 of 10 Page 69 of 93
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 10/15/2025)
Capital Projects Expenditure Plan -Vehicles
Project Name 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
E Electricfleet(rounded) 755,000 1,838,000 379,000 1,034,000 120,000 362,000 754,000 371,000 481,000 357,000
W Water fleet(rounded) 602,000 - 302,000 - 634,000 81,000 64,000 285,000 914,000 -
Total $ 1,357,000 $ 1,838,000 $ 681,000 $ 1,034,000 $ 754,000 $ 443,000 $ 818,000 $ 6567000 $ 17395,000 $ 357,000
Electric Division 755,000 1,838,000 379,000 1,034,000 120,000 362,000 754,000 371,000 481,000 357,000
Water Division 602,000 - 302,000 - 634,000 81,000 64,000 285,000 914,000 -
10 year total 9,333,000
Eletric Fleet includes support pool vehicles. Electric 6,451,000
Water 2,882,000
Current fleet count, 84
Current average age of fleet, 10.7 years old (9.9 last budget cycle)
For 10-year plan,the average age at replacement year is 16.3
Future years include 5.0%inflation factor applied to current replacement cost estimates.
See next page for details by year
10/8/2025 6:22 PM I:\BUDGET\CYB\Capital\Capital Plan for BudgetAsm Vehicles
4 - Capital Expenditures - page 8 of 10 Page 70 of 93
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 1 0/1 512 0 2 Total 1,356,510 1,838,000 681,539 1,033,984 753,566 443,032 817,302 655,803 1,395,392 356,817
Capital Projects Expenditure Plan-Vehicles Electric 754,675 1,838,000 379,125 1,033,984 119,704 361,956 753,632 370,619 481,176 356,817
Vehicle Fleet Expenditures detail by year-10 year Water 601,835 - 302,414 - 633,862 81,076 63,670 285,184 914,216 -
2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
E Admin 107 LD 14 Jeep Cherokee 91,355
W Admin 108 LD 15 Jeep Cherokee 91,355
E Admin 109 LD 15 Jeep Cherokee 91,355
E Admin 110 LD 15 Jeep Cherokee 91,355
W Admin 111 LD 15 Jeep Cherokee 91,355
E Elec 230 LD 18 Chevrolet K1500 65,000
E Elec 286 OR 87 Sherman Reilly wire puller/tugger lile for like$1 223,000
72 Small Spool Trailer-Like for like
E Elec 288 OR Replace with CRT-472/52-24k 192,610
conductor reel trailer
W Water 320 MD ACF 10 International Dump Truck 12 Yard-currently 6: 260,000
W Water 326 LD ACF 16 Ford F-550-Recommend 2026-replace with 1 159,125
E Elec 231 LD 18 Chevrolet K1500-Defer to FY26/27-like for lil 275,000
E Elec 210 MD ACF 11 International/Altec 3050A Digger Derrick-Rel 560,000
E Elec MD ACF New 4x4 55ft.boom Line Truck Digger Derrick-V 560,000
E Elec 207 LD ACF 13 GMC Sierra 250OHD-replace with 2026 Ford 1 275,000
E Elec 293 OR 06 Pole Trailer-Surplus 279 and 293 at replacem 35,000
E Elec 296 OR 08 Trailer,Mini X 23,000
E Elec 295 OR 08 John Deere 35D Mini Excavator 110,000
E Elec 288 OR 04 Underground wire puller/tugger Duct Dawg-Di 196,415
W Water 310 LD 18 Chevy K1500-Recommend 2028 91,355
E Elec 208 LD ACF 18 Chevy 2500 91,355
W Admin 135 LD 07 Chevy Colorado-could be EV 91,355
E Support 501 LD 07 Chevy Silverado 1500-could be EV 91,355
W Water LD New WATER placeholder 119,704
E Elec 290 OR 04 Trailer,Snowcat 159,000
E Electric 121 LD 19 Jeep Grand Cherokee 91,355
E Elec 223 MD ACF 141nt'l7500 Bucket Truck 4WD 354,123
E Electric 233 LD ACF 19 Chevrolet K2500 119,704
E Electric 235 LD ACF 19 Chevrolet K2500 119,704
E Electric 237 LD ACF 19 Chevrolet K2500 119,704
E Elec 285 OR 14 Overhead Wire Puller 70,394
E Elec 205 LD ACF 06 Chevy Silverado 3500-Defer to 2030 per SW 119,704
W Water 315 OR 15 John Deere 410 L 245,000
W Water 360 OR 15 Caterpillar 926M 250,000
W Water 330 MD ACF 13 International Dump Truck 4x4 138,862
E Elec 292 OR 06 Spool Trailer 46,700
W Water 395 OR 16 Compact Excavator Caterpillar 305.5E2 81,076
E Elec 225 OR ACF 16 International/Navistar 7400 315,256
W Water 385 OR 16 HALLMARK Trailer 8,950
W Water 389 OR 14 EH Wachs Trailer 54,720
E Elec 564 MD 17 Lift King LKM 1242 95,967
E Elec 239 LD ACF 20 Ram 3500 Foreman Truck 103,616
E Else 241 LD ACF 20 Ram 3500 Foreman Truck 103,616
E Elec 240 LD ACF 22 Ram 3500 Foreman Truck 103,616
E Elec 213 MD ACF 20 Freightliner 108 SD Bucket AN550C 346,817
E Elec 243 OR ACF 21 Chevrolet K3500 Service Body 56,646
Fleet Capex page 9 of 10
4 -Capital Expenditures- page 9 of 10 Page 71 of 93
TDPUD Capital Budget 2026&2027 and Forecast 2028-2035 (WS 1 0/1 512 0 2 Total 1,356,510 1,838,000 681,539 1,033,984 753,566 443,032 817,302 655,803 1,395,392 356,817
Capital Projects Expenditure Plan-Vehicles Electric 754,675 1,838,000 379,125 1,033,984 119,704 361,956 753,632 370,619 481,176 356,817
Vehicle Fleet Expenditures detail by year-10 year Water 601,835 - 302,414 - 633,862 81,076 63,670 285,184 914,216 -
2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
W Water 355 MD 18 Caterpillar 918M 189,872
E Elec 298 OR 2013 Hallmark Trailer 6,745
W Water 357 OR 18 Snowquip LM98SC 95,312
E Electric 215 MD ACF 18 International/Navistar 7500 SFA 4x4 Bucket AN550C 307,228
W Water 367 MD ACF International/Navistar-VacCon 499,193
W Water 331 OR ACF 22 Ford F550 Service Crane Body 138,341
W Water 332 OR ACF 22 Ford F550 Service Crane Body 138,341
W Water 333 OR ACF 22 Ford F550 Service Crane Body 138,341
E Admin 123 LID 14 Chevy Van 27,834
E Elec 245 OR Multihog MX120 156,342
E Elec 299 OR ACF 22 Ford F550 SB40 Troubleman Truck 124,000
E Elec 124 LID ACF 24 Silverado EV 86,500
E Elec 125 LID ACF 24 Silverado EV 86,500
E Electric 213 MD ACF 20 Freightliner 108 SD Bucket Truck 4x4 346,817
E Elec 274 OR 15 Load Trail 10,000
Fleet Capex page 10 of 10
4- Capital Expenditures- page 10 of 10 Page 72 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
APPENDIX 5.A
LABOR BENEFIT COSTS % LABOR OVERHEAD
2026 Budget 2027 Budget
Current Year (year 1)WS (year 2)WS
BUDGET Y2Y Change 10/15/2025 Y2Y Change 10/15/2025
FY25 Amount Pctp FY26 Amount Pc tp FY27
VALUE OF BENEFITS
Medical/Dental insurance (EE) $ 2,972,382 17,079 1% $ 2,989,461 149,473 5% $ 3,138,934
Self-funded vision benefit 77,713 2,639 3% 80,352 402 1% 80,754
Long term disability insurance 64,799 8,143 13% 72,942 6,033 8% 78,975
Life insurance 76,088 1,001 1% 77,089 6,376 8% 83,465
Longevity 17,482 130,015 744% 147,497 5,900 4% 153,397
Wellness 37,500 500 1% 38,000 0 0% 38,000
FICA 766,404 20,294 3% 786,698 60,155 8% 846,853
Fed Med 185,344 22,905 12% 208,249 8,553 4% 216,802
Worker's compensation 350,539 (123,327) -35% 227,212 18,990 8% 246,202
Retirement.Pension/Match 3,391,582 533,281 16% 3,924,863 283,772 7% 4,208,635
OPEB Retiree Med/Den Net (Retiree) 425,291 55,748 13% 481,039 19,241 4% 500,280
OPEB CERBT Contribution 130,000 5,000 4% 135,000 5,000 4% 140,000
Value of non-productive labor (vacation,
admin leave,sick leave, holiday) 1,814,472 225,502 12% 2,039,974 83,920 4.1% 2,123,894
TOTAL VALUE OF BENEFITS $ 10,309,596 898,780 9% $ 11,208,376 647,815 5.8% $ 11,856,191
PRODUCTIVE LABOR
Recommended labor(Appendix II)(e cludesBoD) $ 12,791,371 1,581,561 12% $ 14,372,932 591,270 4.1% $ 14,964,202
Less value of non-productive labor(above) (1,814,472) (225,502) 12% (2,039,974) (83,920) 4.1% (2,123,894)
TOTAL PRODUCTIVE LABOR $ 10,976,899 1,356,059 12% $ 12,332,958 507,350 4.1% $ 12,840,308
%of Recommended Labor 85.8% 85.8% 85.8%
PAYROLL OVERHEAD
Value of Benefits/Productive Labor 93.92% (0.0304) -3.2% 90.88% 0.0145 1.6% 92.34%
OTHER METRICS
Total Labor and Benefits $ 21,286,495 2,254,839 11% $ 23,541,334 1,155,165 4.9% $ 24,696,499
Benefits as a percent of Total Labor and Benefits 48.43% (0.0082) -1.7% 47.61% 0.0040 0.8% 48.01%
Benefits excluding non-productive, %of
Recommended Labor 66.41% (0.0262) -4.0% 63.79% 0.0125 2.0% 65.04%
10/10/2025 3:28 PM I:\BUDGET\CYB\Central\Employee Benefit Calcs.xlsx Value of Benefits
5- Overheads, Rent, and Debt- page 1 of 7 Page 73 of 93
TDPUD Budget FY2026 and FY2027 (1011512025 INS)
APPENDIX 5.B
TRANSPORTATION OVERHEAD
This appendix assumes that the cost of operating, maintaining and replacing District vehicles and equipment
will be recognized as an overhead charged against direct labor that uses the vehicles.
FY25 Y2Y Change FY26 Y2Y Change FY27
TRANSPORTATION&EQUIPMENT EXPENSE
Vehicle operation, repair, fuels&misc expenses $ 1,071,488 $ 1,209,497 $ 1,258,954
Vehicle rentals (veh resery funded) 65,000 49,200 52,200
Insurance 25,800 51,000 53,000
Replacement(depreciation expense) 486,600 520,000 540,800
TOTAL TRANSPORTATION EXPENSE $ 1,648,888 11% $ 1,829,697 4% $ 1,904,954
DIRECT LABOR HOURS
General Manager x no longer applicable 9,015 x x
Administrative Services x no longer applicable 130 x x
Conservation x no longer applicable 150 x x
Electric Operations/capital 46,271 43,910 43,910
Water Operations/capital 33,502 33,221 33,221
IT Power Supply/capital 4,232 5,254 5,254
TOTAL DIRECT LABOR HOURS 93,300 -12% 82,385 0% 82,385
TRANSPORTATION/EQUIPMENT OVERHEAD PER HOUR COST
$17.67 26% $22.21 4% $23.12
FY25 FY26 FY27
Transportation Overhead-Clearings-Activity Code 958-2.7.950
Transportation Overhead-Charging-Activity Code 957- %applied to Vehicle Use Productive Payroll Hours- Ops/WorkOrders/Capital
1025 3:28 PM I:\BUDGET\CYB\Central\Appendices.xlsx APPENDIX 56
5- Overheads, Rent, and Debt- page 2 of 7 Page 74 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 INS)
APPENDIX 5.0
ADMINISTRATIVE OVERHEAD
FY25 FY26 FY27
COMMON SUPPLY COSTS:
Purchasing/Warehousing of Common Supplies
Labor $176,331 $178,307 $189,070
Accounts Payable 45,629 52,345 54,439
Overhead:
Labor 165,612 162,048 174,579
Administrative 6,945 6,740 6,945
394,517 399,440 425,033
Warehousing Operating Costs
Utilities & Building Maintenance 33,818 33,243 34,573
Miscellaneous (insurance) 6,180 7,000 8,000
Subtotal 39,998 40,243 42,573
TOTAL PURCHASING/WAREHOUSING/COMMON SUPPLIE $434,515 $439,683 $467,606
TOTAL PRODUCTIVE LABOR $10,976,899 $12,332,958 $12,840,308
ADMINISTRATIVE OVERHEAD 3.96% 3.57% 3.64%
FY25 FY26 FY27
Administrative Overhead- Clearings-Activity Code 941 - 1.3.963 & 1.7.935.10
Administrative Overhead- Charging-Activity Code 941 - % applied to Productive Payroll Dollars- Ops/WorkOrders/Capital
2025 3:28 PM I:\BUDGET\CYB\CentralAppendices.xlsx APPENDIX 5C
5- Overheads, Rent, and Debt- page 3 of 7 Page 75 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
APPENDIX 5.13
CONSTRUCTION OVERHEAD
FY26 FY27
Step 1 General direction and general construction costs from budget:
Electric Operations $ 505,068 $ 535,207
Water Operations-45% of 7.680.150 (bulk of Constr is contract) 168,668 179,357
Total $ 673,736 $ 714,564
Step 2 Determine capitalized labor as a percent of total labor:
Capitalized
Labor exclds CFD $ 2,135,482 27 15% $ 2,190,931 26.95%
Total Electric& Water Labor $ 7,864,701 $ 8,130,586
Step 3 Determine construction overhead to be capitalized:
Total General direction &construction costs $ 673,736 $ 714,564
% of labor to be capitalized 27.15% 26.95%
General direction &construction costs to capitalize $ 182,938 $ 192,552
Construction accounting costs to capitalize 262,215 275,127
$ 445,153 $ 467,679
Step 4 Calculate construction overhead to be applied to capital improvements:
Capital FY 2025 Budget
Overhead $333,249 $445,153 $467,679
Capital Labor $1,669,547 19 96� $2,135,482 20.85% $2,190,931 21.35%
CONSTRUCTION OVERHEAD= 19.96% 20.85% 21.35%
FY25 FY26 FY27
Construction Overhead- Clearings-Activity Code 946
Construction Overhead- Charging-Activity Code Range 960-964-
2025 3:28 PM I:\BUDGET\CYB\Central\Appendices.xlsx APPENDIX 5D
5- Overheads, Rent, and Debt- page 4 of 7 Page 76 of 93
TDPUD Budget FY2026 and FY2027 (1011512025 WS)
APPENDIX 5.E
INTERDEPARTMENTAL RENT
FY25 FY26 FY27
DISTRICT HEADQUARTERS:
Building operation/PM/repair 866,531 1% 873,935 4% 911,661
Depreciation ofjointly used assets 348,469 30% 452,065 3% 465,339
TOTAL COSTS $1,215,000 9% $1,326,000 4% $1,377,000
The Electric Utility owns the district headquarters.
The Water Utility pays the Electric Utility rent for the use of the District headquarters and jointly used assets.
The rent is calculated as 50% of the above costs, as presented below.
Water Utility% 50% 50% 50%
Water department share @ 50% (rounded) $ 607,500 $ 663,000 $ 688,500
Monthly rent paid to Electric Dept. $ 50,625 $ 55,250 $ 57,375
FY25 FY26 FY27
2025 3:28 PM I:\BUDGET\CYB\Central\Appendices.xlsx APPENDIX 5E
5 - Overheads, Rent, and Debt- page 5 of 7 Page 77 of 93
APPENDIX 5.F
ELECTRIC DEBT SCHEDULE
Principal and Interest Payments
(placeholder only)
(2022 - 2047, 25yr COPs) New Facilities
2022 COP DEBT SERVICE- Electric Debt Service Electric
YEAR Principal Interest (electric portion) TOTAL
2024 145,000 284,181 429,181
2025 155,000 276,931 431,931
2026 160,000 269,181 429,181
2027 170,000 261,181 431,181
2028 180,000 252,681 1,452,000 1,884,681
2029 185,000 243,681 1,452,000 1,880,681
2030 195,000 234,431 1,452,000 1,881,431
2031 205,000 224,681 1,452,000 1,881,681
2032 215,000 214,431 1,452,000 1,881,431
2033 225,000 203,681 1,452,000 1,880,681
2034 240,000 192,431 1,452,000 1,884,431
2035 250,000 180,431 1,452,000 1,882,431
5 - Overheads, Rent, and Debt- page 6 of 7 Page 78 of 93
APPENDIX 5.G
WATER DEBT SCHEDULE
Principal and Interest Payments
Pipeline (2022-2052, 30yr COPS) (placeholder only) Total,including
201512016 COP Debt 2022 COP DEBT SERVICE-Water Water Debt Service Totals New Facilities Placeholder
DL Pipeline DS 2022 COP Debt DS-RATES Debt Service DS-RATES
YEAR Rates FF Surcharge TL Principal Interest Principal Interest DSTL Principal Interest Service FUNDED (waterportion) FUNDED
2021 1,252,412 356,179 96,216 800,852 153,241 153,241 800,852 153,241 153,241
2024 573,008 359,233 100,297 1,032,538 680,000 352,538 240,000 712,250 952,250 920,000 1,064,788 1,984,788 1,525,258 1,525,258
2025 576,529 360,884 97,925 1,035,338 710,000 325,338 255,000 700,250 955,250 965,000 1,025,588 1,990,588 1,531,779 1,531,779
2026 573,196 359,005 99,736 1,031,938 735,000 296,938 265,000 687,500 952,500 1,000,000 984,438 1,984,438 1,525,696 1,525,696
2027 575,581 359,806 97,150 1,032,538 765,000 267,538 280,000 674,250 954,250 1,045,000 941,788 1,986,788 1,529,831 1,529,831
2028 574,322 358,474 99,142 1,031,938 795,000 236,938 295,000 660,250 955,250 1,090,000 897,188 1,987,188 1,529,572 960,000 2,489,572
2029 570,555 360,101 100,444 1,031,100 820,000 211,100 305,000 645,500 950,500 1,125,000 856,600 1,981,600 1,521,055 960,000 2,481,055
2030 575,893 359,147 97,360 1,032,400 850,000 182,400 320,000 630,250 950,250 1,170,000 812,650 1,982,650 1,526,143 960,000 2,486,143
2031 574,705 359,524 98,421 1,032,650 880,000 152,650 340,000 614,250 954,250 1,220,000 766,900 1,986,900 1,528,955 960,000 2,488,955
2032 573,333 357,313 100,104 1,030,750 910,000 120,750 355,000 597,250 952,250 1,265,000 718,000 1,983,000 1,525,583 960,000 2,485,583
2033 575,711 359,424 101,490 1,036,625 950,000 86,625 375,000 579,500 954,500 1,325,000 666,125 1,991,125 1,530,211 960,000 2,490,211
2034 574,484 359,309 97,207 1,031,000 980,000 51,000 390,000 560,750 950,750 1,370,000 611,750 1,981,750 1,525,234 960,000 2,485,234
2035 306,800 306,800 295,000 11,800 410,000 541,250 951,250 705,000 553,050 1,258,050 951,250 960,000 1,911,250
5- Overheads, Rent, and Debt- page 7 of 7 Page 79 of 93
TRUCKEE DONNER
Public Utility District
,A
Organization Chart for Budget 2026 and 2027
version date 10/15/2025
Accounts I Community
Electric(14,980 FY26 115,120 FV27)
Water(13,830 FY26 1 13,910 FV27)
—]
Board of Directors
Elected Officials(5)
r........................................ r........................................
Auditors Legal Counsel
........................................ ..........................................
General Manager
1 FTE
Director of Electric Director of Shategie
District Clerk/Executive Assistant Human
Engineering 8 Operations Water Utility Director FResources Director Information Technology Director Chief Financial Officer Affairs and PIO
21 FTE 18 FTE 3 FTE 3 FTE 7 FTE 23 FTE 4 FTE
See Page 2 for details. See Page 3 for details. See Page 5 for details. See Page 5 for details. See Page 5 for details. See Page 4 for details. See Page 5 for details.
Director of
Electric Power Supply Employee Full Time Equivalents(FTE)
1 FTE 81 Total FTE for 2026 Budget
81 Total FTE for 2027 Budget
Ali FTE counts are essentially Head Count(ie excludes overtime)for Org-Chart purposes
Organization by Employment Classification
Elected Officials as of FY 2025(Term) Appointed Officials-Current FY26 FY27
Board President Christa Finn(2022-2026) General Manager Brian C.Wright Rep Unrep Total Rep Unrep Total
Vice President Tony Laliotis(2022-2026) Appointed District Clerk Brian C.Wright Electric 14 8 22 14 8 22
Board of Director Jeff Bender(2024-2028) District Clerk Martina Rochefort Water 15 3 18 15 3 18
Board of Director Courtney Murrell(2024-2028) Treasurer Michael R.Salmon CFO 19 4 23 19 4 23
Board of Director Steve Randall(2024-2028) Assistant Treasurer Melanie Rives GM/Other 3 15 18 3 15 18
Terms for directors run December of starting year through December of even years,four year terms. Total 51 30 81 51 30 81
Mix 63% 37% 100% 63% 37% 100%
Rep-Represented by union MEW 1245 Memorandum of Understanding(MOU)positions
Unrep-Unrepresented positions
Budget 2025-83 FTEs
101 0/2025 3:25 PM
h\Buoaei\Cve\c.ao-agOrsChIrc for BA9-1� Org Chart-Page 1 of 5
6 - Personnel - page 1 of 9 Page 80 of 93
Public
Organization Chart for Budget 2026 and 2027 (version 10/15/2025)
ELECTRIC OPERATIONS
B26 B27 I combined position(EUD)for Budget 2025
Unrepresented 8 8
Represented 14 14
FTE Total 22 22 Director of Electric Director of Electric Power
Engineering&Operations Supply
1 FTE 1 FTE
Electric Engineering Electric Operations
Manager Manager TBD Veg Mgmt Manager
1 FTE 1 FTE 1 FTE 1 FTE
Senior Elecric Engineer
1 FTE
Elecric Engineer I/11
1 FTE
Foreman Power Services Troubleman Substation Foreman Electrician
�2 FTE 2 FTE LinemanAnspector 1 FTE
R R 2 FTE R
R
L
Lead Electrician
Lineman 1 FTE
2 FTE R
Journeyman 3 crews for a total of 12 for Budget 2025(2 Crews Fy261T y27)
Lineman
4 FTE
R <budget is for four(4)Journeyman Lineman,the actual staffing mix may include Apprentice JL
10/10/2025 3:25 PM
I:\BUDGET\CYB\Central\OrgChart for Budget.xlsx Org Chart-Page 2 of 5
6 - Personnel - page 2 of 9 Page 81 of 93
PublicTRUCKEE DON 7E�R
Ict
Organization Chart for Budget 2026 and 2027 (version 10/15/2025)
WATER OPERATIONS
B26 B27
Unrepresented 3.0 3.0
Represented 15.0 15.0
FTE Total 18.0 18.0 Water
Utility Director
1 FTE
Water Operations
Manager Water System Engineer
1 FTE 1 FTE
Foreman,Water P&M Controls Maintenance Program Senior Water
2 FTE Electrician Lead Quality Inspector
R 1 FTE 1 FTE 1 FTE
R R R
Water
Leadmen
2 FTE
R
Water Service Water Helper
Technician (Seasonal,non-benefit)(2p)
7 FTE 1.0 FTE
R R
10/10/2025 3:25 PM
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6 - Personnel - page 3 of 9 Page 82 of 93
Public
Organization Chart for Budget 2026 and 2027 (version 10/15/2025)
Chief Financial Officer
B26 B27
Unrepresented 4.0 4.0
Represented 19.0 19.0 Chief Financial Officer
1 FTE
FTE Total 23.0 23.0
Finance&Accounting Contract Administrator Customer Service General Services
Manager 1 FTE Manager Manager
1 FTE R 1 FTE 1 FTE
General Accounting Facilities Maintance Vehicle Maintenance
Work Order Supervisor Conservation Specialist Customer Billing and
Supervisor Billing Clerk Foreman Foreman
1 FTE 1 FTE (and CSR assist) CSR Supervisor 1 FTE 1 FTE 1 FTE
R R 1 FTE 1 FTE R R R
R R
Accounting Specialist Customer Service Facilites Maintenance Vehicle Mechanic
Lead Work Order Specialist Representative Coordinator
1 FTE 1 FTE 4 FTE 1 FTE 1 FTE
R R R R R
Accounting Specialist Buyer
1 FTE 1 FTE
R R
Warehouse/Utility Clerk
1 FTE
R
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I:\BUDGMCVB\Central\OrgChart for Budget.xlsx Org Chart-Page 4 of S
6 - Personnel - page 4 of 9 Page 83 of 93
Public
Organization Chart for Budget 2026 and 2027 (version 10/15/2025)
GENERAL MANAGER AND OTHER DIRECTORS
B26 B27
Unrepresented 15.0 15.0
Represented 3.0 3.0 New Position GENERAL MANAGER this chart does not reflect all GM direct reports,
for F 26/F 27 1 FTE refer to Page 1 for GM direct report information
FTE Total 18.0 18.0 Y Y g p
District Clerk/Excecutive Stategic Affairs,L&R,PIO Information Technology
Assistant Director Human Resources (IT)Director
1 FTE 1 FTE Director 1 FTE
1 FTE
Communications Special Projects
Specialist Administrator Risk&Compliance HR Specialist IT Security&
1 FTE 1 FTE Coordinator 1 FTE Applications Manager
(cost share with cc4 1 FTE R 1 FTE
Conservation)
Administrative Tech
1 FTE Mangement Analyst
R 1 FTE SR Network and
(cost share with cc4 IT/SCAD�ngincer y
S stems Administrator
Conservatio) 1 FTE
Records Coordinator/Tech
1 FTE
R Business Intelligence Network and Systems
Architect Administrator
1 FTE 1 FTE
GIS Coordinator
1 FTE
10/10/2025 3:25 PM
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6 - Personnel - page 5 of 9 Page 84 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
BUDGETED POSITIONS BY HOME DEPARTMENT
Full Time Equivalents(FTE)
Payroll Dollars(base pay,including paid time off)
Before any allocations/shares to other Departments,Capital,and or Overhead(s)
Budget FTE and Dollars POSITIONS by DEPARTMENT
2025 2026 2027
ELECTRIC OPERATIONS
1.00 Electric Utility Director
1.00 1.00 Electric Power Supply Director
1.00 1.00 Electric Engineering and Operations Director
1.00 1.00 1.00 Electric Engineering Manager
1.00 1.00 1.00 Electric Engineer II
1.00 1.00 1.00 Electric Engineer
1.00 1.00 1.00 Electric Operations Manager
1.00 1.00 1.00 Assistant Electric Operations Manager
1.00 1.00 1.00 Foreman,Electrician
1.00 1.00 1.00 Electrician/Meter Technician
1.00 1.00 1.00 Vegetation Management Manager
2.00 2.00 2.00 Substation Lineman/Inspector
2.00 2.00 2.00 Troubleman
3.00 2.00 2.00 Foreman,Power Services
Lead Lineman
9.00 6.00 6.00 Journeyman Linemen
Standby/Overtime
Compensation Study/Contingency Factor
25.00 22.00 22.00 FTE Total
(3.00) - FTE Change
$ 4,611,696 $ 5,482,351 $ 5,649,478 Payroll Dollars ELECTRIC OPERATIONS
$ 870,655 $ 167,127 Change,Dollars
18.9% 3.0% Change,Percentage
WATER OPERATIONS
1.00 1.00 1.00 Water Utility Director
1.00 1.00 1.00 Water System Engineer
1.00 1.00 1.00 Water Operations Manager
1.00 1.00 1.00 Water SR Quality Inspector
2.00 2.00 2.00 Water Foremen
2.00 2.00 2.00 Water Leadmen
7.00 7.00 7.00 Water Service Technicians
- - - Water Service Technicians-in Training
1.00 1.00 1.00 Water Helper I(two part-time,summer)(non-benefited)
1.00 1.00 1.00 P&M Controls Electrician(position from Electric Ops)
1.00 1.00 1.00 Maintenance Program Lead
Standby/Overtime
Compensation Study Factor
18.00 18.00 18.00 FTE Total
- - FTE Change
$ 2,680,413 $ 2,872,258 $ 2,995,796 Payroll Dollars WATER OPERATIONS
$ 191,845 $ 123,538 Change,Dollars
7.2% 4.3% Change,Percentage
10/10/2025 3:25 PM Appendices.xlsx APPENDIX 6
6 - Personnel - page 6 of 9 Page 85 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
BUDGETED POSITIONS BY HOME DEPARTMENT
Full Time Equivalents(FTE)
Payroll Dollars(base pay,including paid time off)
Before any allocations/shares to other Departments,Capital,and or Overhead(s)
Budget FTE and Dollars POSITIONS by DEPARTMENT
2025 2026 2027
GENERAL MANAGEMENT
1.00 1.00 1.00 General Manager
1.00 1.00 1.00 District Clerk/Executive Assistant
1.00 1.00 1.00 Director of Strategic Affairs and PIO
1.00 Contract Administrator (moved to cc3 Administration)
1.00 1.00 1.00 Record Coordinator/Tech
1.00 1.00 1.00 Administrative Tech
1.00 1.00 1.00 Communications Coordinator
1.00 1.00 1.00 Human Resources Director
1.00 1.00 1.00 Risk&Compliance Coordinator
1.00 1.00 HR Specialist (title/position TBD,placeholder)
Compensation Study Factor
9.00 9.00 9.00 FTE Total
9.00 - - FTE Change
$ 1,461,865 $ 1,575,372 $ 1,654,135 Payroll Dollars GENERAL MANAGEMENT
$ 113,507 $ 78,763 Change,Dollars
7.8% 5.0% Change,Percentage
ADMINISTRATIVE SERVICES
1.00 1.00 1.00 Chief Financial Officer
1.00 1.00 1.00 Finance&Accounting Manager
0.50 0.50 0.50 Management Analyst1/2
- - - Senior Accountant/Accounting Analyst
1.00 1.00 1.00 General Accounting Supervisor
1.00 1.00 1.00 Work Order Accounting Supervisor
1.00 1.00 1.00 Work Order Clerk
1.00 1.00 1.00 Accounting Specialist Lead
1.00 1.00 1.00 Acg Specialist-Payroll and Accounts Payable Clerk
1.00 1.00 1.00 Buyer/Clerk
1.00 1.00 1.00 Warehouse/Utility Worker
1.00 1.00 Contract Administrator(moved from General Admin)
1.00 1.00 1.00 Customer Services Manager
1.00 1.00 1.00 Customer Billing and CSR Supervisor
1.00 1.00 1.00 Billing Clerk
4.00 4.00 4.00 Customer Service Representatives(4)
Overtime
Compensation Study Factor
16.50 17.50 17.50 FTE Total
1.00 - FTE Change
$ 1,869,948 $ 2,074,574 $ 2,190,946 Payroll Dollars ADMINISTRATIVE SERVICES
$ 204,626 $ 116,372 Change,Dollars
10.9% 5.6% Change,Percentage
10/10/2025 3:25 PM Appendices.xlsx APPENDIX 6
6 - Personnel - page 7 of 9 Page 86 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
BUDGETED POSITIONS BY HOME DEPARTMENT
Full Time Equivalents(FTE)
Payroll Dollars(base pay,including paid time off)
Before any allocations/shares to other Departments,Capital,and or Overhead(s)
Budget FTE and Dollars POSITIONS by DEPARTMENT
2025 2026 2027
GENERAL SERVICES
1.00 1.00 1.00 General Services Manager
1.00 1.00 1.00 Facilities Maintenance Foreman
1.00 1.00 1.00 Facilities Maintenance Coordinator
1.00 1.00 1.00 Vehicle Mechanic Foreman
1.00 1.00 1.00 Vehicle Mechanic
Standby/Overtime
Compensation Study Factor
5.00 5.00 5.00 FTE Total
5.00 - - FTE Change
$ 646,571 $ 697,816 $ 725,727 Payroll Dollars GENERAL SERVICES
$ 51,245 $ 27,911 Change,Dollars
7.9% 4.0% Change,Percentage
CONSERVATION
1.00 1.00 1.00 Program Manager,CSR&Conservation
0.50 0.50 0.50 Management Analyst1/2
1.00 1.00 1.00 Conservation Specialist(positiong moved from AdminSvcs Dept for B'2:
- - - Overtime
- - - Compensation Study Factor
2.50 2.50 2.50 FTE Total
2.50 - - FTE Change
$ 311,381 $ 331,300 $ 347,546 Payroll Dollars CONSERVATION
$ 19,919 $ 16,246 Change,Dollars
6.4% 4.9% Change,Percentage
IT/GIS
1.00 1.00 1.00 IT Director/CIO
1.00 1.00 1.00 IT/SCADA Engineer
1.00 1.00 1.00 Sr Network&System Administrator(recl.from NSA)
1.00 1.00 1.00 Network&System Administrator(+1 FTE)
1.00 1.00 1.00 GIS Coordinator
1.00 1.00 1.00 BI Analyst (recl.From DA&Admin)
1.00 1.00 1.00 IT Security&Applications Manager
Compensation Study Factor
7.00 7.00 7.00 FTE Total
7.00 - - FTE Change
$ 1,209,498 $ 1,339,261 $ 1,400,574 Payroll Dollars IT/GIS
$ 129,763 $ 61,313 Change,Dollars
10.7% 4.6% Change,Percentage
10/10/2025 3:25 PM Appendices.xlsx APPENDIX 6
6 - Personnel - page 8 of 9 Page 87 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
BUDGETED POSITIONS BY HOME DEPARTMENT
Full Time Equivalents(FTE)
Payroll Dollars(base pay,including paid time off)
Before any allocations/shares to other Departments,Capital,and or Overhead(s)
Budget FTE and Dollars POSITIONS by DEPARTMENT
2025 2026 2027
DISTRICT TOTAL xcluding Board of Directors
83.00 81.00 81.00 FTE Total
(2.00) - FTE Change DISTRICT TOTAL (excluding
$ 12,791,371 $ 14,372,932 $ 14,964,202 Payroll Dollars
$ 1,581,561 $ 591,270 Change,Dollars Board of Directors)
12.4% 4.1% Change,Percentage
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6 - Personnel - page 9 of 9 Page 88 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS) Attachment 7
Financial Master Plan Summary
FY26 through FY35
(in thousands)
ELECTRIC
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Operating Cash Flow
Operating revenue $ 45,740 $48,500 $50,853 $53,322 $55,389 $57,536 $ 59,767 $ 62,086 $ 64,494 $ 66,996
Operating Purchase Power Costs (14,412) (14,969) (15,568) (16,191) (16,839) (17,513) (18,214) (18,943) (19,701) (20,489)
Operating Expenses (18,760) (19,556) (20,339) (21,153) (21,999) (22,879) (23,794) (24,746) (25,736) (26,765)
Other revenue/(expenses) (44) (22) (9) 9 30 55 72 102 121 134
Net Income FMP $ 12,524 $13,953 $14,937 $15,987 $16,581 $17,199 $ 17,831 $ 18,499 $ 19,178 $ 19,876
Transfer from/(to)funds 6,520 657 653 (1,075) 303 (3,267) (2,697) (4,103) (4,016) (5,748)
Debt Issuance Costs - - - - - - - - - -
Debt principal payments (160) (170) (1,632) (1,637) (1,647) (1,657) (1,667) (1,677) (1,692) (1,702)
2022 Debt proceeds use-$0,000 - - - - - - - - - -
Capital projects (18,320) (14,244) (13,601) (12,847) (14,584) (12,044) (12,644) (12,467) (13,400) (11,188)
Change in Operating Cash $ 564 $ 196 $ 357 $ 428 $ 653 $ 232 $ 822 $ 252 $ 69 $ 1,237
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Op Reserve % of OpExp (Goal 50%) 51% 50% 50% 50% 51% 50% 51% 51% 49% 52%
Rate Reserve % of PPE (Goal 50%) 51% 51% 51% 51% 51% 51% 51% 51% 50% 50%
Capital Reserves % Capx (Goa1100%) 80% 77% 72% 79% 77% 95% 109% 128% 146% 171%
Cash & Reserve Balances
Operating Reserve (Gen Fd) Balance $ 9,564 $ 9,760 $10,117 $10,546 $11,198 $11,430 $ 12,252 $ 12,504 $ 12,574 $ 13,811
Rate Reserve Balance 7,300 7,579 7,879 8,191 8,515 8,852 9,203 9,568 9,947 10,341
Capital Reserve Balance 8,457 9,468 9,205 11,235 11,016 14,491 17,853 22,299 26,856 33,227
Capital Vehicle Reserve Balance 2,417 1,532 1,605 1,162 1,635 1,913 1,855 2,160 2,387 2,748
Deferred Liability 2,434 2,495 2,557 2,621 2,687 2,754 2,823 2,894 2,966 3,040
Facility Fee Reserve Balance 457 650 796 946 1,100 1,264 1,439 1,624 1,821 2,029
Cash & Reserve Balances $ 30,629 $31,484 $32,159 $34,701 $36,151 $40,704 $ 45,425 $ 51,049 $ 56,551 $ 65,196
Recommended/Proposed rate change 5.00% 5.00% 4.00% 4.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00%
Net Rate Increase in active FMP 5.00% 5.00% 4.00% 4.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00%
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
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7 - Financial Master Plan - page 1 of 3 Page 89 of 93
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS) Attachment 7
Financial Master Plan Summary
FY26 through FY35
(in thousands)
WATER
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
Operating Cash Flow
Operating revenue $ 22,432 $ 23,982 $ 25,671 $ 27,481 $ 29,420 $ 30,620 $ 31,870 $ 33,171 $ 34,525 $ 35,935
Operating expenses (14,230) (14,919) (15,526) (16,158) (16,795) (17,458) (18,148) (18,864) (19,609) (20,382)
Other revenue and expenses (806) (763) (709) (662) (607) (557) (499) (443) (372) (263)
Net income $ 7,396 $ 8,300 $ 9,436 $ 10,661 $ 12,018 $ 12,605 $ 13,223 $ 13,864 $ 14,544 $ 15,290
Transfers from/(to)funds 3,326 2,048 1,722 603 (272) (1,699) (1,894) (2,593) (1,299) (2,322)
Debt Issuance Costs - - - - - - - - - -
Debt principal payments (1,000) (1,045) (2,050) (2,085) (2,130) (2,180) (2,225) (2,285) (2,330) (1,665)
Debt proceeds (new debt) - $0,000 - - - - - - - - - -
Capital expenditures (9,715) (8,939) (8,802) (8,743) (9,488) (8,365) (8,944) (8,300) (8,923) (8,148)
Change in Operating Cash $ 7 $ 364 $ 306 $ 436 $ 128 $ 361 $ 160 $ 686 $ 1,992 $ 3,155
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
OpGF Reserve%of OpExp Goal 50% 50% 50% 50% 51% 50% 50% 49% 51% 59% 72%
Capital Reserves % CapxGoal 100% 40% 29% 15% 18% 26% 51% 73% 104% 119% 146%
Cash & Reserve Balances
Operating Cash Balance (GenFd) $ 7,108 $ 7,472 $ 7,778 $ 8,214 $ 8,342 $ 8,703 $ 8,863 $ 9,549 $ 11,541 $ 14,696
Capital Reserve Balance 3,093 1,870 517 430 1,241 3,472 5,359 8,693 10,910 13,683
Vehicle Reserve Balance 428 770 895 1,355 1,314 1,791 2,311 2,659 2,458 3,103
Deferred Liability 128 131 134 137 140 144 148 152 156 160
Facility Fee Balance 2,086 1,777 2,100 1,913 2,283 2,138 2,568 2,531 3,030 3,091
Cash & Reserve Balances $ 12,843 $ 12,020 $ 11,424 $ 12,049 $ 13,320 $ 16,248 $ 19,249 $ 23,584 $ 28,095 $ 34,733
Debt service coverage 4.60 5.04 3.77 4.19 4.64 4.83 5.03 5.23 5.47 7.57
(1.25 required until 2036)
Change to Proposed FY26 & FY27 0.0% 0.0%
Recommended FY26&FY27 &draft 6.5% 6.5% 6.5% 6.5% 6.5% 3.5% 3.50% 3.50% 3.50% 3.50%
rate chan es
FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35
10/10/2025 3:24 PM I:\BUDGET\CYB\Central\Financial Master Plan.xlsx Water View1
7 - Financial Master Plan - page 2 of 3 Page 90 of 93
ATTACHMENT 7
TDPUD Budget FY2026 and FY2027 (10/15/2025 WS)
Financial Master Plan - RESERVE BALANCES - Actual I Forecast I Goal
Actual Actual Forecast Forecast BUDGET BUDGET BUDGET BUDGET
12/31/2023 12/31/2024 2025 12/31/2025 2026 12/31/2026 2027 12/31/2027 2027
Balance Balance Change Balance Change Balance Change Balance Policy Goal
ELECTRIC UTILITY
(A) General Fund $ 7,775,783 $ 10,672,049 $ (1,672,049) $ 9,000,000 $ 564,000 $ 9,564,000 $ 196,000 $ 9,760,000 $ 9778,000 (A)
(B) Rate Reserve 5,301,196 5,996,206 978,794 6,975,000 325,000 7,300,000 279,000 7,579,000 7:485,000 (B)
(C) Capital Reserve 10,672,016 11,009,923 3,094,077 14,104,000 (5,647,000) 8,457,000 1,011,000 9,468,000 67% 14,211,000 (C)
(D) Vehicle Reserve 1,478,862 1,932,621 457,379 2,390,000 27,000 2,417,000 (885,000) 1,532,000 400,000 (D)
(E) Facility Fees 349,579 653,845 (397,845) 256,000 201,000 457,000 193,000 650,000 (E)
(F) Deferred Liability 2,169,608 2,267,444 107,556 2,375,000 59,000 2,434,000 61,000 2,495,000 2.205.000 (F)
Total Reserves $ 27,747,044 $ 32,532,088 $ 2,567,912 $ 35,100,000 $ (4,471,000) $ 30,629,000 $ 855,000 $ 31,484,000 $ 34,079,000
(G) AB32 Cap&Trade 445,980 481,113 (131,113) 350,000 (91,000) 259,000 (44,000) 215,000 NA (G)
WATER UTILITY
(H) General Fund $ 8,183,055 $ 6,994,900 $ 105,100 $ 7,100,000 $ 8,000 $ 7,108,000 $ 364,000 $ 7,472,000 $ 7,460,000 (H)
(J) Capital Reserve 3,059,077 4,356,937 1,343,063 5,700,000 (2,607,000) 3,093,000 (1,223,000) 1,870,000 21% 9,102,000 (J)
(K) Vehicle Reserve 451,654 728,607 (253,607) 475,000 (47,000) 428,000 342,000 770,000 200,000 (K)
(L) Facility Fees 2,034,180 1,906,534 (106,534) 1,800,000 286,000 2,086,000 (309,000) 1,777,000 (L)
(M) Deferred Liability 113,826 120249 4,751 125,000 3,000 128,000 3,000 131,000 125,000 (M)
Total Reserves $ 13,841,792 $ 14,107:227 $ 1,092,773 $ 15,200,000 $ 2,357,000) $ 12,843,000 $ 823,000) $ 12,020,000 $ 16,887,000
(A) DC 3.01.04-Electric General Fund cash reserve equal to one half of the annual budgeted operating expenses, excluding depreciation and purchased power*
"the addition of the words to exclude'purchased power' is a recommended 2021 change to District Code wording for Electric's General Fund cash reserve goals
(B) DC 3.01.04-Electric Rate Reserve minimum cash reserve equal to six months of the budgeted cost of purchased power
(C) DC 3.01.05-Electric Capital Reserve goal equal to the average annual budget for capital replacement
(D) no specific DC for Electric Vehicle Reserve goal, staff recommends a goal of $200,000 minimum balance to enable ability to address unplannned/unexpected needs.
(E) Electric Facility Fees managed by facility fee restrictions for use.
(F) DC 3.01.04-Electric Deferred Liability reserve intent is to provide reserves for unfunded liabilities such as pension costs; reserve goal established by Board annually.
(G) AB32 Cap&Trade funds are restricted; use of funds lowers rates revenue requirement. $1.4 million used in 2020 and 2021. Auction sales in 2021 $700k, 2022$350k,
impacting 2022 and 2023 use accordingly. Thereafer, estimate stablize at$350,000 range each year in FMP.
(H) DC 3.01.04-Water General Fund cash reserve equal to one half of the annual budgeted operating expenses, excluding depreciation
(J) DC 3.01.05-Water Capital Reserve goal equal to the average annual budget for capital replacement
(K) no specific DC for Water Vehicle Reserve goal, staff recommends a goal of $200,000 minimum balance to enable ability to address unplannned/unexpected needs.
(L)Water Facility Fees managed by facility fee restrictions for use.
(M) DC 3.01.04-Water Deferred Liability reserve intent is to provide reserves for unfunded liabilities such as pension costs; reserve goal established by Board annually.
District Code(DC)
10/10/2025 3:24 PM I:\BUDGET\CYB\Central\Financial Master Plan.xlsx Reserves
7 - Financial Master Plan - page 3 of 3 Page 91 of 93
Purchased Power Costs
($ in thousands)
$18,000
$16,000 $14,924 $15,615
$14,300 $14,582 '
$14,000 $13,394
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
2020 2021 2022 2023 2024 B 2024 A 2025 B 2025 F 2026 B 2027 B
8- Purchased Power- page 1 of 2 Page 92 of 93
TDPUD Budget FY2026 and FY2027 (10115/2025 WS)
Purchased Power Detail
$ 170,000 Renewables cc4/908.768
$ 14,412,000 Puchased Power(GL 555)
$ 14,582,000 Puchased Power (Total)
Budget 2026 Budget 2027
MWH Cost /MWH MWH Cost /MWH
Total 180,000 $ 14,582,000 $ 81.01 181,500 $ 15,144,000 $ 83.44
Enviro.Compliance/other $ 116,000 $ 0.64
NVE - Transmission $ 848,000 $ 4.71 <LTM trend, adj. for billing €
NVE - EIM $ 236,000 $ 1.31 <LTM trend, adj. for billing €
TCID < not currently planned source
Stampede 9,600 $ 476,000 $ 49.58 <MWH-3yrAvg, $ current trend
UAMPS, Net Total 170,400 $ 12,906,000 $ 75.74
POOL 45,278 $ 2,846,988 $ 62.88
TRANS-JORDAN 12,000 $ 1,071,037 $ 89.25
OUT SCHED $ 30,000 $ 0.17
PX 5,770 $ 609,176 $ 105.58
PV WIND 395 $ 27,117 $ 68.65 MWH used UAMPS current trends and 3yr
NEBO 27,215 $ 2,360,600 $ 86.74 average analysis, adjusting for known mix
HORSE BUTTE 41,136 $ 3,203,821 $ 77.88 changes
VEYO 9,386 $ 939,479 $ 100.09
FALLON/TDPUD 13,220 $ 575,213 $ 43.51
RED MESA 16,000 $ 839,569 $ 52.47
Other Costs UAMPS $ 403,000 $ 2.24
MWH
Actual 2022 181,953
Actual 2023 179,867 3yr average
Actual 2024 172,684 178,168
LTM 6/2025 172,115
Budget 2026 180,000 1.0%
Budget 2027 181,500 0.8%
8- Purchased Power- page 2 of 2 Page 93 of 93