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HomeMy WebLinkAboutRes1989-058 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO. 89-058 OF A RESOLUTION OF THE CITY COUNCIL OF THE CITY SEWARD, ALASKA, ADOPTING THE ELECTRIC FUND ENTERPRISE BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 1989 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The city Electric Fund Enterprise budget for the fiscal year beginning July 1, 1989, which is attached hereto and made a part hereof by reference, and which contains estimated Electric Fund revenues and expenditures for Fiscal Year 1990, is HEREBY ADOPTED. Section 2. The Electric Enterprise Fund shall be charged interest on debt owed to the General Fund at a rate equal to and adjusted monthly in accordance with the rate set forth in the Bond Buyer Index for Twenty Year General Obligation Bonds. Section 3. This resolution shall take effect on July 1, 1989. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 12th day of June, 1989. THE CITY OF SEWARD, ALASKA ~ ~ e~;~<?&", HARRY . GIESELER, MAYOR AYES: NOES: ABSENT: ABSTAIN: GIESELER, DUNHAM, HILTON, MEEHAN, NOLL, SIMUTIS NONE O'BRIEN NONE ATTEST: APPROVED AS TO FORM: PERKINS COIE, Attorneys for the city of Seward, Alaska 2( 11/t/~h- Fred B. Arv~dson City Attorney (City Seal) -1- . . . ELECTRIC FUND BUDGET SUMMARY ACCOUNT 1987 Actual 1989 1988 Y-T-D Actual (9 Months) GAl Change 1990 1989 Manager Budget Recommend $$ Change Power Sales $3.613,893 $3,585.466 $3,123.764 $3,912,395 $4,153,060 $240,665 6.15% Other Income from Operations 204,731 154,320 57,143 133,000 133,000 0 O.OOllA Other Income 435.943 425,908 332,338 301,000 350.500 49,500 16.45llA Total Revenue 4.254.567 4.165.694 3.513.245 4.346.395 4.636.560 290.165 6'611'M Total Expenses 4.032.702 4.205.125 3.038,979 4.346,395 4.636,560 290.165 6.68'll NetlncomBl(loss) $221.864 ($39,431) $474,266 $0 $0 $0 Page 69 ELECTRIC FUND REVENUES 1987 1988 1989 Y-T-D 1989 1990 Manager $$ % Account Name Actual Actual (9 Months) Budget Recommend Change Change Power Sales Residential f $1.258,666 I $1.203.652 $1,005,887 I $1.255,930 f $1.319.459 I $63,529 5.06% Small General Service Commercial 554,161 442.532 580.028 Government 226.170 118,677 160.549 City 139.934 133,393 178,053 Total Small G.S. 1,010.132 920.265 694.601 960.780 918.630 (42,150) -4.39'lt Large General Service Commercial 547.864 429,023 599.764 Government 488.165 595,130 792,661 City 101,412 137,591 183.537 Harbor 68,898 61,178 79,231 Total Large G.S. 1.107.463 1.206.339 1.222.922 1 .442.146 1.655,193 213.047 14.77'll Special Contract 193,039 210,584 166.837 206.539 212.778 6.239 3.02'* Street lighting 31.542 30.830 23,545 32,000 32,000 0 0.00'* Other 13,051 13,796 9,972 15,000 15,000 0 O.OooA Total Power Sales 3.613.893 3.585.466 3,123.764 3,912.395 4.153.060 240,665 6.15'll Other Income From Operations Turn On Fees 30.850 27,980 20.940 31,000 31.000 0 f' '~<l,i Work Orders 130.013 76.763 21,807 60,000 60.000 0 Project Management 0 0 0 0 0 Penalties 1,597 1.436 0 1,000 1,000 0 0.00'* Mise Service 0 125 25 1,000 1.000 0 0.00'* Equipment Rental 36,793 39.396 14,371 35.000 35.000 0 0.00'* Joint Pole Use 5,478 8.619 0 5.000 5.000 0 0.00'* Total Other Oper. 204.731 154,320 57.143 133.000 133.000 0 0.00'* Total Oper. Income 3.818.624 3.739.785 3.180.907 4.045,395 4,286.060 240.665 5.95% Other Income Interest Income 17.200 1,007 332 1,000 500 (500) -50.00'* Sale Of Assets 0 0 0 10.000 0 (10.000) -loo.oooA Collectn Doubtful Acct 0 7,216 0 0 0 Amortization Of CIA 418.573 417.685 322.006 280.000 350,000 70.000 25.00llA Other Mise Revenue 170 0 10.000 10,000 0 (10.000) -loo.oollA Total Other Income 435.943 425.908 332.338 301.000 350.500 49.500 16.45"A Total Revenue $4.254.567 $4.165.694 $3,513.245 $4,346.395 $4,636.560 $290.165 6.68'll Page 70 . . . ELECTRIC FUND EXPENSE SUMMARY 1987 1988 1989 Y-T-D % 1990 Manager 1989 $$ Expense Group Actual Actual (9 Months) Budget Recommend Change Change Standby Generation $125.817 $118.206 $51.901 $75.413 $74.860 ($553) -0.73llA Substation Operations 32.045 54,806 43,602 48,873 65.980 17,107 35.000A Marathon Hydro 4,924 5,864 7,621 1,500 1.500 0 0.00'* Transmission - 0 & M 41,511 36.063 11.930 48,016 52.360 4,344 9.05'* Distribution Systlmpr Overhead 13.024 1,477 14,725 49,419 40.419 (9.000) -18.210,1 Underground 7.330 0 750 22,339 19.339 (3,000) -13.430,1 Distribution 0 & M 92.456 103,076 70.678 98.269 112,257 13,988 14.23llA Purchased Power 1 ,256.973 1,319,459 938,282 1.510.000 1 .602,860 92,860 6.15% Work Order Expense 27.777 30,956 18.948 0 0 0 Meter Service 15.503 14.759 8,134 14.374 17.400 3.026 21.05010 Meter Reading 14.240 10.610 5,472 12.600 18,600 6,000 47.62010 General Operations 191.299 217.755 261,685 277.252 346.756 69.504 25.07'* Admin & Engineering 318,003 307,017 102,940 160.186 169.229 9,043 5.65% Other Operating Exp 1,473.986 1.441,303 1.337,851 1,481.154 1 ,599,406 118,252 7.98'* Debt Service 417.812 543.772 164.460 547.000 515.594 (31,406) -5.74% Total Expenses $4,032.702 $4.205,125 $3.038,979 $4.346,395 $4.636.560 $290.165 6.68'lt ELECTRIC FUND LINE ITEM EXPENSE SUMMARY 1989 1990 1987 1988 Y-T-D 1989 Manager $$ Account Name Actual Actual (9 Months) Budget Recommend Change Personnel 491.017 496.819 330.006 524.849 575.890 51.041 Wholesale Power 1,256.973 1.319,459 938.282 1,510,000 1 ,602,860 92.860 Purchased Services 879.365 831 ,539 573.468 767,805 942.158 174.353 Materials 135,219 142.684 201.001 89.040 102.950 13,910 Capital 1,270,128 1,414.624 996,224 1.454,700 1.409.297 (45.403) Total $4.032.702 $4,205,125 $3.038.979 $4.346,394 $4,633,155 $286,761 Page 71 ELECTRIC FUND EXPENSES BY LINE ITEM A tN 1987 A t I 1989 1988 Y-T-D A t I (9M h) 1989 1990 Manager $$ % ccoun ame c ua c ua ont s Budoet Recommend Change Change Wages 280,281 286.438 208.130 346.142 366,223 $20.081 5.80"A Overtime 71.942 56,723 24.201 49.148 48,820 (328) -0.67"A Unemployment Comp 9,291 7,402 (2.003) 1,000 4,000 3,000 3oo.00"A Leave Time 42,117 48,136 32,262 39,556 44,828 5,272 13.33'll In Lieu Of Fica 12,092 7,607 6,929 11,850 5.925 (5,925) -50.oo'lt Retirement 53.096 58,216 33,011 39.659 39.283 (376) -0.95'll Health Insurance 21.464 24,056 13,053 21,330 35.552 14.222 66.68"A Worker's Comp 8,867 9,114 12,333 13.730 15,718 1.988 14.48% Medicare Tax 833 2.563 1.992 2.435 3,541 1,106 45.42'lt Advertising 493 333 60 250 310 60 24.00'lt Subseriptions & Dues 2,165 2,741 2,000 2.000 4,500 2,500 125.O0'll Travel 13,475 13.354 7,073 7,000 6.900 (100) -1.43'll Communications 8,862 6.340 2.927 8.000 8.500 500 6.25"A Training 511 0 1.150 2.000 3,000 1.000 50.00'* Legal 21.554 45.353 4,312 5.000 10.000 5,000 loo.oo"A Engineering 3.675 33 0 0 0 0 Utilities 33,319 40.414 25,656 26.600 44,900 18.300 68.80"A Wholesale Power 1.256.973 1.319.459 938,282 1.510,000 1.602.860 92.860 6.15"A Heat 5 0 0 1.500 0 (1 ,500) -100.00'* Fuel 60,094 46.650 19.458 22,000 22.000 0 0.00"A Rents & Leases 9,863 2.208 12.423 1,500 2,500 1,000 66..6.7~ Insurance 61.556 67,339 37.979 84.001 84.000 (1) -;, Maintenance & Repair 39.998 16.371 22,037 15,000 19,250 4.250 L I Contract Services 62.618 71.534 53,404 44.000 65,000 21.000 47.73OA Supplies 61,135 79.746 34.925 50,000 44,950 (5,050) -10.10% Gas & Lube 7.955 7,300 25,394 9,040 27.500 18,460 204.20% Small Tools 5.636 3.965 5.215 4,500 7.500 3,000 66.67% Labor Transfer (8,967) (3,436) 97 0 0 0 Deposit Interest 3.286 3,119 395 1.000 1.000 0 O,--OO"A Depreciation 851,870 871,380 653.554 800,500 883.537 83,037 10.37'lt Doubtful Accounts 112.349 10,000 0 15.000 15,000 0 o.oooA Administrative 140,319 165.412 124,059 165,412 278.194 112,782 68. 18'* Paymnt In Lieu Of Tax 340.365 332.371 254.473 345.792 370.925 25,133 7.27"A Collection Expense 603 415 44 250 250 0 O.OooA Interest Expense 24.354 54.201 25,475 45,000 40.000 (5,000) -11.11% Mise Expense 394 5.023 116,008 2.000 3,500 1.500 75.00% Bond Interest 417.312 543.772 164.460 546,000 515.594 (30.406) -5.57% Fiseal Agent Fee 500 0 0 1.000 0 (1.000) -1 OO.OooA Land 446 12 0 0 8.000 8.000 Building 0 0 9,226 0 0 Equipment 0 (540) 168,984 107,200 3,000 (104.200) -97.20% Total Expenses $4,032.702 $4.205.125 $3.038,979 $4.346.395 $4,636,560 $290.1651 6.68% Page 72 . . . ELECTRIC FUND EXPENSES Account Name 1987 Actual 1989 1988 Y-T-D Actual (9 Months) % Change 1990 1989 Manager Budget Recommend $$ Change Standby Generation Wages $3,857 $4,143 $4,131 $9,604 $6,240 ($3,364) -35.03"A Overtime 20,216 16,714 6,154 19.209 18.720 (489) -2.55"A Utilities 6,148 5.746 4.059 6,600 9,900 3,300 50.000A Fuel 60,094 46,650 19,458 22,000 22,000 0 0.00"A Insurance 0 0 0 0 0 0 Maintenance 31.922 10,043 7,068 12,000 12,000 0 0.00% Contract Services 0 31,904 466 3,000 3,000 0 0.00010 Supplies 3.580 2,780 1,339 2,500 2,500 0 0.00% Small Tools 0 226 0 500 500 0 0.00% Buildings 9,226 0 0 Total Standby 125.817 118.206 51,901 75.413 74.860 (553) -0.73'lt Substation Operations Wages 1.761 15,891 7,494 12,806 1 2,480 (326) -2.55% Overtime 536 257 1,553 1,067 500 (567) -53.140A Utilities 27,171 34,668 21,597 20.000 35,000 15,000 75.00% Maintenance 0 739 217 1,000 500 (500) -50.00'* Contract Services 35 1,803 12.189 12,000 17,000 5,000 41.67% Supplies 2,542 1,448 552 2,000 500 (1.500) -75.000A Total Substation 32,045 54.806 43.602 48.873 65,980 17,107 35. OO"A Marathon Hydro Maintenance 2,924 1,571 2,481 1,500 1,500 0 0.00"A Contract Services 2,000 0 0 0 0 0 Operating Supplies 0 4,294 0 0 0 Equipment 5,140 0 0 Total Marathon 4.924 5,864 7.621 1,500 1.500 0 OJlO"A Distribution - O.H. System Improvements Wages 7,395 679 1,537 37,352 28,352 (9,000) -24. 1 OOA Overtime 0 25 15 1,067 1,067 0 O.OooA Engineering 370 0 0 0 0 0 Maintenance & Repair 0 0 1,923 0 0 0 Contract Services 600 80 10,154 1,000 1,000 0 O.OooA Supplies 4,659 693 1.097 10,000 10,000 0 O.OooA Total O.H. Improv. 13,024 1.477 14,725 49.419 40,419 (9.000) -18.21"A Distribution - U.G. System Improvements Wages 6,163 0 0 12,806 9,806 (3.000) -23.43"A Overtime 0 0 0 533 533 0 0.000,1 Engineering 0 0 0 0 0 0 Maintenance & Repair 0 0 0 0 0 0 Contract Services 0 0 35 1,000 1.000 0 0,00% Supplies 1,168 0 715 8,000 8,000 0 0.00% Total U.G. Improv. 7,330 0 750 22,339 19,339 (3.000) -13.43% Page 73 ELECTRIC FUND EXPENSES Account Name 1987 Actual 1989 1988 Y-T-D Actual (9 Months) 1990 1989 Manager Budget Recommend $$ Change % Change TransmIssion 0 & M Wages 7,135 10.653 1,649 21.344 24,960 3,616 16.94">1 Overtime 8,692 12,390 5,926 10,672 10.400 (272) -2.55'* Rents 208 1.000 1,000 Maintenance 3,010 1,588 0 0 0 0 Contract Services 22,482 11.018 3,969 10,000 10.000 0 0.00% Suoplies 192 164 178 5,000 5,000 0 0.00'* Small Tools & equip 0 250 0 1,000 1.000 0 0.00'll Total Transmission 41,511 36.063 11,930 48,016 52.360 4,344 9.05'lt Distribution 0 & M Wages 69,975 76,559 57.701 67.269 77,257 9,988 14.85'lt Overtime 13,857 14,878 8,296 15.000 15.000 0 0.00% Engineering 0 0 0 0 0 0 Maintenance 0 267 0 0 0 0 Contract Services 2,871 3.905 965 4,000 4,000 0 0.00'* Supplies 3,474 6,010 3.716 10.000 10,000 0 0.00'* Gas & Lube 0 0 0 0 0 0 Small Tools 2,279 1,366 0 1,000 2,000 1,000 100.00% Miseellaneous 0 90 0 1.000 1.000 0 O.OO~ Equioment 3,000 3,000 Total Distribution 92.456 103.076 70.678 98,269 112,257 13,988 Wholesale Power Chugach Electric Assn 1,243,727 1,310.285 938,282 1,495,000 1,587,860 92,860 6.21"A Marathon Hydro 13,246 9,175 0 15,000 15,000 0 0.000,1 Total Whsl Power 1,256.973 1,319.459 938.282 1,510.000 1,602,860 92.860 6.15'lt Work Orders Wages 2,564 (5.333) 3,534 0 0 0 Overtime 24.867 6,337 1,922 0 0 0 Rents & Leases 0 0 0 0 0 0 Contract Services 346 0 810 0 0 0 Supplies 32,028 12,682 0 0 0 Transfer Labor To (2,075) 0 0 0 Total Work Orders 27,777 30.956 18.948 0 0 0 Meter Service Wages 15,268 14,657 7,979 13,874 16,900 3,026 21.81 "A Overtime 235 103 156 500 500 0 O,OO'll Total Meter Service 15.503 14,759 8,134 14,374 17,400 3.026 21.05,* Meter Reading Wages 0 0 0 500 500 0 O.OO~ Overtime 0 0 0 100 100 0 0.00% Contract Meter Readng 14,240 10.610 5,472 12.000 18,000 6,000 50.00% Total Meter Reading 14.240 10.610 5,472 12,600 18,600 6,000 47.6~ Page 74 . . . ELECTRIC FUND EXPENSES Account Name 1987 Actual 1989 1988 Y-T-D Actual (9 Months) % Change 1990 1989 Manager Budget Recommend $$ Change General OIleratlons Salaries 46,072 52,599 24,810 52,025 49.757 (2,268) -4.36'lt Overtime 884 6,019 180 1,000 1,000 0 0.00'* Unemployment Comp 9,291 7,402 (2,003) 1,000 4,000 3,000 300.oo"A Leave Time 31,338 39,514 22,294 31,673 32,059 386 1.220", In Lieu Of Fica 8,119 5,165 5,743 9,875 3,950 (5,925) -60.00'* Retirement 42,757 50,759 27,528 32,760 35,711 2.951 9.01'lt Heaith Insurance 15,275 15,687 9,424 17,775 22,220 4,445 25.01 % Worker's Comp 6,346 7,032 9,028 10,459 11,575 1,116 10.670,1 Standby Time 30,551 31,402 24,393 34,684 34,944 260 0.75'li Medicare Tax 665 2,176 1,433 2,000 2,780 780 39.oo"A Publications 60 60 60 Subseriptions & Dues 523 3,000 3,000 Travel & Subserlptlons 6,652 500 500 Communications 2,927 4,000 4.000 Training 1,150 2,000 2,000 Legal 4,312 5.000 5,000 Engineering 0 Heat 0 Rents & Leases 11,090 0 Insurance 37,979 84,001 84,000 (1) 0.00% Maint & Rprs Equipment 10,349 5,000 5,000 Contracted Services 19,344 10,000 10,000 Office Supplies 3,544 200 200 Vehicle Maintenance 21,110 20,000 20,000 Operating Supplies 11,021 6,000 6,000 Gas & Lube 3,580 6,500 6,500 Small Tools & Equipment 5,215 2,500 2,500 T otaJ General 191 .299 217.755 261,685 277,252 346.756 69.504 25.07'lt Page 75 ELECTRIC FUND EXPENSES Account Name 1987 Actual 1989 1988 Y-T-D Actual (9 Months) 1990 1989 Manager Budget Recommend Change From FY 89 Administrative & engineering Salaries 89,540 85,189 74,903 83,878 105.027 21,149 Overtime 2,655 0 0 0 1,000 1,000 Leave Time 10,779 8,622 9,968 7,883 12,769 4.886 In Lieu Of Fica 3,973 2,442 1.186 1,975 1,975 0 Retirement 10.339 7,457 5.483 6.899 3,572 (3.327) Health Insurance 6.189 8,370 3.629 3,555 13,332 9.777 Worker's Comp 2.521 2,082 3,305 3.271 4,143 872 Medicare Tax 168 387 560 435 761 326 Total Personnel 126.164 114.547 99.034 107.896 142,579 34.683 Advertislna 493 333 0 250 250 0 Subserlptlons & Dues 2.165 2,741 1,477 2.000 1.500 (500) Travel 13,475 13,354 421 7.000 6,400 (600) Communications 8,862 6,340 8,000 4,500 (3,500) Training 511 2,000 1.000 (1,000) Legal 21.554 42.094 5,000 5,000 0 Engineering 3,305 33 0 0 0 Heat 5 1,500 0 (1,500) Rents & Leases 9,863 2,208 1,125 1.500 1,500 0 Insurance 61,556 67,339 0 Maintenance 2.142 2,163 500 250 (250) Contract Services 20.043 12.214 1,000 1,000 0 Supplies 45,520 32.329 81 12,500 2,750 (9,750) Gas & Lube 7,955 7,300 704 9,040 1,000 (8.040) Small Tools 3,357 2.122 2.000 1.500 (500) Labor Transfer (8.967) (1,361) 97 0 0 Total Admin. & Eng. 318,003 303.758 102.940 160,186 169,229 9,043 Other Operating Expenses Deposit Interest 3,286 3,119 395 1,000 1,000 0 o~r~t~lli:..':...: .. '. ~t;$10 . nS1.1i$p: ; ~ n~~i~4. . i$OPi$llP .$O$i~t i(1~i~3) " .. Doubtful Accounts 112.349 34,064 0 15.000 15,000 0 Administrative 140,319 165,412 124.059 165,412 278,194 112,782 Paymntln Lieu Of Tax 340,365 332,371 254,473 345,792 370,925 25,133 Collection Expense 603 415 44 250 250 0 liil~" EiXP$ii..n.....::..:::.. :.'i.H.~~;$ili: .. n~i4i;:l.Qt ~$;4.1'$ 1: 5000. .............'31'.OOcf Oi4;i!illlQl .. : ~: : :::; >>>4.;.' ;>~:~:>~ .:.1i :" ,".: ~ril~f~ii(j.~Ii'iCi~~PM(.......: :.:::.:.:.:-:.:-:.:.:.:"." .,.:.:.:.;.:.;.;.;.;.;.:::::: .. ,....:'a;iAAf ;:;::;:;, :; H$i!illlO . ......... ...................... ......... Mise Expense 394 110,781 116,008 1,000 2,500 1,500 Land 446 12 0 0 8,000 8,000 Equipment 0 (540) 163.844 107,200 (107,200) Total Other Oper. 1,473.986 1.571,215 1,337.851 1,481,154 1.321.106 (160.048) Debt Service Interest 417,312 543,772 164 ,460 546,000 515,594 (30.406) Fiseal Agent Fee 500 0 0 1,000 (1,000) Piiaclp~......... .... ..' H......... .. ....~ ..........................:... !........................n.. /~.,$;:)(lO .. :a1.$;3QP Total Debt Service 417.812 543,772 164.460 547.000 793,894 246,894 Total Electric Fund $4,032,702 $4,331,778 $3.038,979 $4.346,395 $4,636,560 $290,165 Page 76