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HomeMy WebLinkAboutRes1992-087 . . Sponsored by: Schaeferrneyer CITY OF SEWARD, ALASKA RESOLUTION NO. 92-087 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE ELECTRIC FUND ENTERPRISE BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 1992 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, 1992, which is attached hereto and made a part hereof by reference, and which contains estimated Electric Fund revenues and expenditures for Fiscal Year 1993, 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, 1992. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 8th day of June, 1992. THE CITY OF SEWARD, ALASKA (/, '(' L '-~,-,/ {~+'0(..'rLLLt--:, /'-~ " "~ honald W. Cripps,'t1ayor AYES: NOES: ABSENT: ABSTAIN: Bencardino, Crane, Cripps, Dunham, Swartz & White None Krasnansky None ATTEST: APPROVED AS TO FORM: PERKINS COlE, Attorneys for the city of Seward, Alaska ~N(~ Fred B. Arvidson City Attorney (City Seal) . . . CITY OF SEWARD ELECTRIC FUND Statement of Revenues, Expenses and Changes in Retained Earnings (Deficit) For Budget Year Ending June 30, 1993 1992 1992 1993 %Cbange 1990 1991 Y-T-D Revised Manager From Rev. Actual Actual '8 Months) Bud~et Recom. Budoet Oneratinl! Revenues: Sales: Residential $1':\96 190 1 428316 961 fr27 1.505613 1 429 920 -5.03% Small General Service 1047715 1.061.152 659 298 1121 039 1028418 -8.26% Lame General Service 1 802-';44 1.889.728 1 ?Jl2 ':\77 1. 7972r.r7 1952170 8.62% Soccial Power Sales 270.378 258.300 173-194 301 099 260.653 -13.43% Miscellaneous 116.767 91.518 37 903 185 922 91.698 -50.68% Total ooeratinl! revenues 4 633.594 4.729.014 3114.599 4.910.970 4 762 859 -3.02% Ooeratinl! Exoenses: Before depreciation: Salaries 411.990 425 934 375.555 470 952 418803 -11.07% Emnlovee Benefits 114098 147 428 206 456 215.778 216 075 0.14% Power 1 482.533 1.743 143 1.244967 1 688 925 1 755lXX> 3.91% Supplies & Maintenance 188 167 184 956 417.063 185 386 122 648 -33.84% Administration & General 984 581 1 081110 915.952 1126 665 1.222.369 8.49% Total before denreciation 3 181369 3.582.571 3 159.993 3 687 706 3.734.895 1.28% Oneratinl! income before denreciation 1 45U25 1146443 (45-394 1 223.264 1.027.964 -15.r.r7% Depreciation 925.111 932 899 624 104 936 419 938.252 0.20% Ooeratinl! Income (Loss\' 527114 213.544 (669498 286.845 89 712 68.72% Non-Oneratin~ Revenues(R:menses\ Interest Income 30511 65944 37.757 53300 63674 19.46% Interest Exnense 1506 fr23 (482.':\11 (236 962 (461 818 7434 024 -6.03% Other (3 <XX) -100.00% Total non-oneratin~ rev.(exo.) (476312 ( 416.'VlT (199 205 (411.578 (370.350 -10.02% Income (loss\ before oneratin~ tran 50.802 (202 823 (868 703 (124 733 (280 638 124.99% Oneratinl! Transfers to Other Funds (21.lXX> (21lXX> 0.00% Net income (Ioss\ SO 802 (202.823 (868 703 (145.733 (301 638 106.98% Amortization of contributions in aid 433 293 442 703 296 929 449.370 445 392 -0.89% Increase(Decrease\in Retained Earnins 484.095 239 880 (571 774 303 637 143 754 -52.66% Retained earninl!S at beoinnino of vear 689 095 1173190 1 413 070 1 413 070 1716.707 21.49% Retained earnin~ at end of vear 1173190 1.413.070 841 296 1 716.707 I 860 461 8.37% . . . CITY OF SEWARD ELECfRIC FUND STATEMENT OF CASH FLOWS For Budget Year Ending June 30, 1993 1990 1992 1992 1993 %Change YTD Reviled Manager From Rev. 1991 Actual Actual (8 Months) Budllet Recom. BudRet Cash ~ Provided By (Used For): Net IncomeJ(Loss) $50.802 1($202.823 ($868 703 1($145.733 1($301.638 106.98% Add Exo Items Not Affectinl! Cash Deoreciation 925 111 932.899 624.104 936.419 938152 0.20% Net Cash Provided By (Used For) Ooerations $975.913 $730.076 ($244.599' $790 686 $636 614 -19.49% Other Uses of Cash DebtPrincioalPa~enG 277 124 361146 314.889 324958 349.110 7.43% CaoitalOutlay 72,127 61.864 181 444 5000 23.000 360.00% Caoital Budl!et 295000 255000 -1356% Net Increase (Decrease) in Cash $626,562 $306.966 ($740.932' $165.728 $9,504 -9417% . . . ELECTRIC FUND 1990 1992 1991 Y-T-D 1992 1993 % Change Revised Manager From 1992 DeDt GL Account Name Actual Actual (8 Months) Bude:et Recom. Rev. Bude:et REVENUE Power Sales 4810 0110 Residential $1396190 $1.428.316 $961 827 $1505613 $1.429.920 -5.03% Small General Service: 4820 0110 Commercial 716576 695 729 451367 721.865 699471 -3.10% 4820 0130 Government 169545 226040 131374 258381 197 190 - 23.68% 4820 0140 Citv 161.594 139383 76.557 140793 131.756 -6.42% Total Small G.S. 1.047.715 1.061.152 659.298 1 121 039 1.028.418 -8.26% Lare:e General Service: 4830 0110 Commercial 769.434 775.644 461.211 696111 795.125 14.22% 4830 0130 Government 829527 843.686 661.213 836426 919982 9.99% 4830 0140 Citv 114211 191355 106 790 185.856 168 794 -9.18% 4850 0150 Harbor 89372 79 043 53 163 78~ 68.270 -13.48% Total Lan~e G.S. 1 802544 1 889 728 1282.377 1.797 .297 1952170 8.62% Other Power Sales 4850 0180 SDecial Contract 225.857 213379 134432 249.649 205354 -17.74% 4850 0160 Street Li2htine: 31.246 31 a72 27 400 33.600 39.333 17.<Xi% 4850 0170 Yard Li2hts 13.275 13 849 11.362 17.850 15 966 -1055% Total Other Power 270.378 258.300 173194 301.099 260 653 -13.43% Total Power Sales 4 516.827 4 637 496 3 076 696 4.725 .048 4.671 160 -1.14% Other Income From bnerations 4880 0420 Turn On Fees 34 625 22.615 16 g"/5 32.550 29.988 -7Jfl% 4780 0430 Work Orders 37325 5.900 12.351 118204 35.700 -69.80% 4610 0120 Penalties 211 4880 0410 Labor & Services 24 493 (200 4880 0490 Misc Service 1473 13~ (3,353 100 -100.00% 4880 0470 Equipment Rental 28.255 7.5% 5.947 9.568 10.200 6.61% 4880 0480 Joint Pole Use 9428 9,378 3270 10.500 10.710 2.00% Total Other ODer. 111.317 71.290 34.990 170.922 86.598 -4933% TotalOner. Income 4 628 144 4 708 786 3.111,686 4895.970 4 757.758 -2.82% Other Income 4610 0010 Interest - Investments 30.463 65 944 37757 53.300 63 674 19.46% 4610 0510 Interest - Work Orders 48 4690 0600 Collectn Doubtful Acct 126 4690 0300 Amortization Of CIA 433,293 442.703 296f}29 449370 445,392 -0.89% 4680 0900 Other Misc Revenue 5.450 19 105 2,913 15 000 5.100 -66.00% Total Other Income 469.254 527.878 337,599 517 670 514,166 -0.68% Total Revenue $5,097.398 $5 .236.664 $3449,285 $5.413.640 $5.271924 -2.62% . . . ELECTRIC FUND 1990 1992 1991 Y-T-D 1992 1993 % Change Revi<led Manager From 1992 Dent GL Account Name Actual Actual (8 Months) Budl!et Recom. Rev. Budl!et EXPENSES Standby Generation 5100 5010 Wal!es 6.318 12 028 53.372 $8.200 $9.398 14.61 % 5100 5020 Overtime 5067 2463 16610 5698 7000 22.&5% 5100 5025 Electric Meal Allow 10 437 100 5100 5050 In Lieu Of Fica 625 372 3.311 141 162 14.89% 5100 5060 Retirement 226 11 1.338 1533 14.57% 5100 5070 Health Insurance 940 1.353 871 998 14.58% 5100 5080 Worker's ComD 512 668 3759 587 673 14.65% 5100 5090 MedicarelFica 62 71 459 122 140 14.75% Total Personnel 12,584 16.768 89.312 16.957 20 004 17.rJ7% 5100 5310 Utilities 8966 7612 4674 10000 9000 -10.00% 5100 5350 Fuel for Generators 11.294 6523 152446 20 000 15 000 -25.00% 5100 5360 Rents & Leases 7500 600 5100 5380 Maintenance 57tf2 3821 3494 12 000 5000 -5833% 5100 5390 Contract Services 4578 2470 3000 2,500 -16.67% 5100 5440 Ooeratinl! Supplies 1,100 3054 3000 1,000 -66Jj7% 5100 5450 Gas & Lube 12 196 5100 5460 Small Tools 117 500 500 0.00% 5100 5490 Postal!e & Misc. Fn. I.3W 5100 5930 Eauinment 1000 1000 0.00% Total Standby 39 726 39 _102 276.653 66 457 54 604 -17.84% Substation OoeratioRl 5110 5010 Wal!es 4477 33 401 6057 16 400 15 000 -8.54% 5110 5020 Overtime 1087 247 1048 2000 5000 150.00% 5110 5025 Electric Meal Allow. 42 300 5110 5050 In Lieu Of Fica 275 716 12 187 171 -8.56% 5110 5060 Retirement 1771 1,620 -8.53% 5110 5070 Health Insurance 1538 195 1153 1,055 -8.50% 5110 5080 Worker's ComD 244 1079 321 778 712 -8.48% 5110 5090 MedicarelFica 48 165 120 161 147 -8.70% Total Personnel 6,131 37.146 7795 22 450 24.005 6.93% 5110 5120 Advenisinl! & Pub. 169 5110 5310 Utilities 31,278 36575 22 950 36 764 37902 3.10% 5110 5380 Maintenance 95tf2 2.993 170.057 1989 3,000 50.83% 5110 5390 Contract Services 3,598 1.336 (200 1704 10,000 486.85% 5110 5410 Office Supplies 1 5110 5440 Operatinl! Supplies 2,599 6146 38 1500 1000 -33.33% 5110 5450 Gas & Lube 16m 3,500 1000 -71.43% 5110 5490 Postal!e & Misc. Fn. 901 30 5110 5790 Misc. Expenses 61 50 5110 5930 Eauipment 2401 Total Substation 53,188 86.107 203.942 67.907 76987 13.37% Marathon Hvdro . . . ELECTRIC FUND 1990 1992 1991 Y-T-D 1992 1993 %Change Revised Manager From 1992 Dent GL Account Name Actual Actual '8 Months\ Budtlet Recom. Rev. Budpet 5120 5440 Oneratinl! Sunnlies 144 2500 -100.00% Total Marathon 144 0 0 2.500 0 -100.00% Transmission 0 & M 5220 5010 Walles 679 5651 9.858 17 875 18000 0.70% 5220 5020 Overtime 2.7'2B 1418 47.640 16-~'i2 16000 -2.15% 5220 5025 Electric Meal AllowanCt 5153 300 5220 5050 In Lieu Of Fica 29 272 16 348 866 148.85% 5220 5060 Retirement 403 i295 3.318 0.70% 5220 5070 Health Insurance 291 548 2.145 2160 0.70% 5220 5080 Worker's ComD 134 330 2842 1447 1.457 0.69% 5220 5090 Medicare/Fica 27 77 43~ 300 302 0.67% Total Personnel 3597 8.039 70 766 41 762 42.403 1.53% 5220 5140 Travel & Subsistance 4028 500 5220 5360 Renls 8378 2000 4000 100.00% 5220 5380 Maintenance & Reoair 3675 147.638 5220 5390 Contract Services 27 873 1792 5000 5000 0.00% 5220 5440 Oneratinl! Sunolies 140 93 1682 3.000 3000 0.00% 5220 5460 Small Tools & Bauin 334 2.000 1000 -50.00% 5220 5490 Postalle & Misc. Freil!ht 108 Total Transmission 31944 20 185 226.014 53.762 55.903 3.98% Distribution 0 & M 5230 5010 Walles 96533 115.056 68 697 102.oi5 95 692 -6.20% 5230 5020 Overtime 12 779 21 634 16.045 16.050 10988 -3154% 5230 5025 Electric Meal Allow. 47 500 5230 5050 In Lieu Of Fica 1558 832 122 1700 1126 -6.17% 5230 5060 Retirement 1 L'Vi5 10 661 -6.19% 5230 5070 Health Insurance 5916 2886 7.398 6.939 -6.20% 5230 5080 Worker's Como 3.240 5.600 3081 4.9<xl 4.681 -6.19% 5230 5090 Medicare/Fica 549 881 1848 1034 970 -6.19% Total Personnel 114-659 149.919 92 726 144052 131557 -8.67% 5230 5380 Maintenance & Reoair 120 805 500 5230 5390 Contract Services 7-~79 53~5 9.658 5000 5000 0.00% 5230 5440 Oneratinl! SUDDlies 22 105 9141 21 428 15 000 15 000 0.00% 5230 5460 Small Tools 567 (350 2000 5230 5500 ~uimnent Rental 386 500 5230 5790 Miscellaneous 3841 58 3.000 3000 0.00% Total Distribution 148551 212.339 124.617 167.052 157557 -5.68% Wholesale Power 5250 5320 Chul!ach Electric Assn 1.471.389 1.743 143 1244.967 1.683.925 1.755.000 4.22% 5250 5320 Marathon Hvdro 11144 5.000 -100.00% Total W/S Power 1482533 1 743.143 1.244.967 1.688-925 1 755 000 3.91% . . . ELECTRIC FUND 1990 1992 1991 Y-T-D 1992 1993 %Change Revised Manager From 1992 Dent GL Account Name Actual Actual '8 Months) Budllet Recom. Rev. Budl!et Work Orders 5300 5010 Wal!es 20.953 60.123 99 <.:03 79 000 90 000 13.92% 5300 5020 Overtime 67<.:0 3467 5685 5500 5000 -9.09% 5300 5025 Electric Meal Allow 1033 5300 5050 In Lieu Of Fica 619 539 61 858 807 -5.94% 5300 5060 Retirement 41 403 248 8134 9267 13.93% 5300 5070 Health Insurance 3463 4914 5295 6032 13.92% 5300 5080 Worker's Como 1.341 2894 47<.:0 3.572 4069 13.91 % 5300 5090 Medicare/Fica 217 556 2 6(X) 741 844 13.<.:0% 5300 5095 Sal/Ben. wk.order credit (53.359 (53691 (60 000 Total Personnel 29.961 18.086 65.549 103100 56019 -45.67% 5300 5190 Other Soec. Services 1.340 5300 5380 Maintenance & Reoair 32 5300 5390 Contract Services 5300 5440 Ooeratinll Suoolies 96 476 68 549 85.308 74948 80.000 6.74% 5300 5445 Ooer. Suoo. wk.order cr dit (32 409 (43 987 (24252 5300 5490 Postalle & Misc. Frt. 44 5300 5500 Eauioment RentaJJLeas (440 5300 5790 Misc. Exoenses 400 Total Work Orders 126 437 53.818 108 654 178048 111.767 -3723% Meter Service 5380 5010 Walles 14472 16269 7.754 5.300 5300 0.00% 5380 5020 Overtime 197 333 26 500 500 0.00% 5380 5050 In Lieu Of Fica 168 336 85 59 59 0.00% 5380 5060 Retirement 558 558 0.00% 5380 5070 Health Insurance 794 357 363 363 0.00% 5380 5080 Worker's Como 392 760 353 245 245 0.00% 5380 5090 Medicare/Fica 36 76 91 51 51 0.00% Total Personnel 15.265 18.568 8666 7 006 7.076 0.00% 5380 5380 Maintenance & Reoair 3546 610 5380 5390 Contracted Service 26.000 14627 16.200 16800 19.550 16.37% 5380 5790 Misc. Exoenses 65 Total Meter Service 41.265 36.741 2S .541 23.876 26 626 11.52% . . . ELECTRIC FUND 1990 1992 1991 Y-T-O 1992 1993 %Change Revised Manager From 1992 OeDt GL Account Name Actual Actual i8 Months) Bud..et Recom. Rev. Budl!et GeneralOuerations 5400 5010 Walles 64 922 68,345 46,588 70 032 70 732 1.00% 5400 5020 Overtime 97 605 (3,288 1500 3187 112.47% 5400 5025 Electric Meal Allowana 17T7 598 905 2.000 2020 1.00% 5400 5030 Unemolovment Como 723 3305 1956 4.200 4242 1.00% 5400 5040 Leave Time 34,871 27,468 30561 36.590 29.816 -1851% 5400 5050 In Lieu Of Fica 512 727 159 725 382 -4731% 5400 5060 Retirement 11.173 44.049 43 672 10 fJ77 22.023 100.63% 5400 5070 Health Insurance 50.lm 8.767 17 613 4481 7186 60.37% 5400 5080 Worker's Como 10.594 4.343 3426 3023 7865 160.17% 5400 5090 MedicaretFica 2.313 589 866 627 629 0.32% 5400 5095 Sla. & Ben wlo Credit (435 5310 5020 Standby Time 31013 40.931 25 779 42.515 42 940 1.00% 5310 5050 In Lieu of Fica Standby 181 184 432 436 0.93% 5310 5070 Health Insurance. Stand ~v 2000 fJ70 2664 2691 1.01% 5310 5080 Workers Comp., Standb 1846 1166 1 7fJ7 1815 1.00% 5310 5090 MedicarelFica StandbY 299 492 373 377 1.07% Total Personnel 208.748 203 618 171 049 181.936 196.341 7.92% 5400 5120 Publications 201 188 58 300 200 -3333% 5400 5130 Subscriptions & Dues 435 1146 800 1200 50,00% 5400 5140 Travel & Subsistence 4754 5451 17.356 10000 10 000 0.00% 5400 5150 Communications 2522 2309 1781 4000 6492 62.30% 5400 5160 Traininl! 1.176 1139 345 2.000 2000 0.00% 5400 5170 Lel!al 55.170 10951 18W 20 000 20 000 0.00% 5400 5190 Other Special Services 1910 53 3000 2.500 -16.67% 5400 5310 Utilities 684 500 5400 5330 Heatinj! Fuel 834 648 1000 1000 0.00% 5400 5360 Rents & Leases 8861 7000 4.332 11025 9000 -1837% 5400 5370 Insurance 62 948 80 446 67 032 90 675 101.000 11.39% 5400 5380 Maint & Rprs EQuiome 8.289 6385 14.398 10 954 11 000 0.42% 5400 5390 Contracted Services 2864 13 725 60 7717 5000 -3521% 5400 5410 Office Supplies 1013 2.569 536 3.532 5.000 41.56% 5400 5420 Vehicle Maintenance 5002 2032 742 15 000 5000 -66.67% 5400 5430 Uniform Allowance 878 5400 5440 Ooeratinl! Supplies 10814 12.573 9,573 15 029 16 000 6.46% 5400 5450 Gas & Lube 5100 6437 4.318 7116 7.500 5.40% 5400 5490 Misc. Freil!ht 957 1741 4767 1000 1000 0.00% 5400 5460 Small Tools & Eauiome 3.633 4.311 5.563 5.716 6000 4.fJ7% 5400 5470 Janitorial Suoplies 85 5400 5500 I EQuioment Rental 695 1000 Total General 382.487 366.327 304,501 390.800 406.733 4.08% . . . ELECTRIC FUND 1990 1992 1992 1993 %Change 1991 Y-T-D Revised Manager From 1992 Dent GL Account Name Actual Actual '8 Months) Budllet Recom. Rev. Bude:et Adminiltrative & Enp ineerinll 5410 5010 Salaries 95395 84 894 53 185 123780 126256 2.00% 5410 5020 Overtime 404 66 750 750 0.00% 5410 5040 Leave Time 13.208 9858 9568 14998 15.298 2.00% 5410 5050 In Lieu Of Fica 1979 5410 5060 Retirement 4011 8124 3681 8410 10 153 20.73% 5410 5070 Health Insurance 14331 12 311 6roi 14622 14622 0.00% 5410 5080 Worker's Como 5.302 4.585 2769 4923 6.442 30.86% 5410 5090 MedicarelFica 513 1446 873 1914 1952 1.99% 5410 5520 Labor Transfer (557 Total Personnel 134.586 121.218 76,148 169397 175473 3.59% Administrative & Enllineerinll Co t'd. 5410 5120 Advertisinl! 250 -100.00% 5410 5130 SubscriPtions & Dues 2405 520 2175 2.500 600 -76.00% 5410 5140 Travel 2544 7613 2560 7000 4574 -34.66% 5410 5150 Communications 2103 2762 1,949 2711 3062 12.95% 5410 5160 Traininl! 1729 1399 5000 2000 -60.00% 5410 5170 Lel!al 44 738 1000 5410 5180 Enl!ineerinl! 3.000 1000 -66.67% 5410 5190 Other Soec Services 131 500 5410 5310 Utilities 1.213 1714 2.298 5410 5330 Heat 1500 -100.00% 5410 5360 Rents & Leases 2918 6.273 4543 5800 6816 17.52% 5410 5380 Maintenance 53 530 76 530 600 13.21 % 5410 5390 Contract Services 1000 50.500 4950.00% 5410 5410 Office Supolies 289 1.617 1076 1946 1.000 -48.61 % 5410 5420 Vehicle Maint 179 80 126 200 58.73% 5410 5440 Ooeratinl! Supplies 1439 450 100 5410 5450 Gas & Lube 821 128 49 500 500 0.00% 5410 5460 Small Tools 735 7 1000 500 -50.00% 5410 5490 Postal!e & Misc. Frt. 38 50 5410 5530 Vehicle Rental 4.079 91~ 12530% 5410 5790 Misc. Expense 1.3~ 385 1000 1.000 0.00% 5410 5930 Equipment 4.501 4.000 7000 75.00% Total Admin. & Enll. 148.362 146 159 96.533 211.339 267.963 26.79% . . . ELECTRIC FUND 1990 1992 1991 Y-T-D 1992 1993 %Change Revised Manager From 1992 Deot GL Account Name Actual Actual i8 Months) Budl!et Recom. Rev. BudJ!;et Other Oneratin~ Exnc nses 5400 5590 Deoosit Interest 1197 7221 4428 3000 5000 66.67% 5400 5650 Deoreciation 925 111 932.899 624 104 936419 938252 0.20% 5400 5660 Doubtful Accounts 21217 32 a79 1000 1000 0.00% 5400 5670 Administrative 279 194 392.670 269.895 407199 400 795 -1.57% 5400 5680 Pavmnt In Lieu Of Tax 405302 427.854 275212 433091 416.660 -3.79% 5400 5770 Collection Expense (356 150 (83 250 300 20.(Xl% 5400 5790 Misc Exoense 4.488 6,955 6.021 500 6000 1100.(Xl% 5400 5920 Land 800 5400 5930 Eauioment 597 76864 15 000 Total Other Ooer. 1 637.550 1 799.828 1 256441 1 781 459 1,783,007 0.09% Debt Service 5450 5820 Interest 506.823 482311 236,962 461.878 434.024 -6.03% 5450 5810 Princinal 277,124 361,246 314.889 324958 349 110 7.43% Total Debt Service 783.947 843,557 551.851 786.836 783 134 -0.47% Total Electric Fund $4.876 134 $5,347,506 $4.419.714 $5 418.961 $5 479.281 1.11%