FINANCIAL and STATISTICAL REPORT for JUNE 2015

Transcription

1 FNANCAL and STATSTCAL REPORT for JUNE 215 lu. PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY TELEPHONE: (59) POST OFFCE BOX 912 FAX: (59) OKANOGAN, WASHNGTON 9884

2 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF REVENUES, EXPENSES AND CHANGES N NET POSTON - COMBNED FOR THE TWELVE CONSECUTVE MONTH PERODS ENDNG JUNE 3, 215 AND 214 OPERATNG REVENUE RESDENTAL GENERAL SERVCE NDUSTRAL RRGATON AND FROST CONTROL STREET LGHTNG SALES FOR RESALE ELECTRC $2,476, ,753, ,47, ,392, , ,681,89.6 COMMUNCATONS $ 2,551, $2,476, ,34, ,47, ,392, , ,681, $22,555, , 145, ,839, ,4, , ,867,61.8 TOTAL SALES $45,851, $2,551, $48,43, $49,951,539.5 OTHER OPERATNG REVENUE CARRYNG CHARGES MSCELLANEOUS SERVCE REVENUE RENTS OTHER OPERATNG REVENUE $157, , , ,21.94 $ ,42 $158, , , ,21.94 $16, , , ,15, TOTAL OTHER REVENUE $1,37, $17, $1,324, $1,432, TOTAL OPERATNG REVENUE $47, 159,488.3 $2,568, $49, 728, $51,383, OPERATNG EXPENSES PRODUCTON PURCHASED POWER OTHER POWER SUPPLY TRANSMSSON DSTRBUTON TELECOMMUNCATONS CUSTOMER ACCOUNTNG CUSTOMER SERVCE AND NFORMATON ADMNSTRATVE AND GENERAL TAXES DEPRECATON/AMORTZATON $89, ,968, , , ,476, ,56, , ,145, ,649, , 165,391.2 $ 874, , , , ,128, $89, ,968, , , ,476, , ,56, , ,214, ,662, ,293,563.8 $76, , 153, , , , 179, ,23, ,5, , ,151, ,59, ,64, TOTAL OPERATNG EXPENSES $42,371, $2,93, $44,464, $44,842, OPERATNG RATO 89.85% 81.49% 89.42% 87.27% NET OPERATNG REVENUES $4,787, $475, $5,263, $6,541, OTHER NCOME CONTRBUTONS N AD OF CONSTRUCTON NTEREST EXPENSE OTHER DEDUCTONS EXTRAORDNARY TEMS $2,245,2.77 1,43, ,,378.6 $974, ,97.37 $3,219, ,43, ,281, $2,718, ,28, ,741, , CHANGE N NET POSTON $7,436, $1, 169,56.27 $8,65, $8,642, TOTAL NET POSTON, JULY 1 $91,331, $3,926, $95,258,582.6 $86,616, TOTAL NET POSTON, JUNE 3 $98,768, $5,95, $13,864, $95,258,582.6

3 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF REVENUES, EXPENSES AND CHANGES N NET POSTON - COMBNED FOR THE MONTHS ENDNG JUNE 3, 215 AND 214 OPERATNG REVENUE RESDENTAL GENERAL SERVCE NDUSTRAL RRGATON AND FROST CONTROL STREET LGHTNG SALES FOR RESALE ELECTRC $1,312, ,85, , , , ,52. COMMUNCATONS $ 26, $1,312, ,292, , , , , $1,276, ,212, , , , , TOTAL SALES $3,41,23.34 $26,15.91 $3,67, $3,963,435.3 OTHER OPERATNG REVENUE CARRYNG CHARGES MSCELLANEOUS SERVCE REVENUE RENTS OTHER OPERATNG REVENUE $12,6 13, , $ 1,28 $12,6 14, , $13, , , TOTAL OTHER REVENUE $61, $1,28 $62, $5, TOTAL OPERATNG REVENUE $3,462, $27, $3,67, $4,13, OPERATNG EXPENSES PRODUCTON PURCHASED POWER OTHER POWER SUPPLY TRANSMSSON DSTRBUTON TELECOMMUNCATONS CUSTOMER ACCOUNTNG CUSTOMER SERVCE AND NFORMATON ADMNSTRATVE AND GENERAL TAXES DEPRECATON/AMORTZATON $9, ,91, , , , , , , ,27.76 $ 58, ,17.5 1, , $9, ,91, , , , , , , , , $4, ,671,3 56, , , , , , , , TOTAL OPERATNG EXPENSES $3,526,62.96 $22,799.9 $3, 728, $3,478,69.26 OPERATNG RATO 11.82% 97.79% 11.59% 86.67% NET OPERATNG REVENUES ($63, 12.99) $4,586.1 ($58,534.98) $535,69.59 OTHER NCOME $18,972.3 $ $18,972.3 $27, CONTRBUTONS N AD OF CONSTRUCTON 16, , , NTEREST EXPENSE 79, , ,.35 19, OTHER DEDUCTONS EXTRAORDNARY TEMS CHANGE N NET POSTON $36, ($8,477.4} $28,36.83 $67,4.16

4 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF NET POSTON - COMBNED AS OF JUNE 3, 215 AND 214 ELECTRC COMMUNCATONS CURRENT AND ACCRUED ASSETS REVENUE FUND & DEPOSTORES WORKNG FUNDS & PETTY CASH TEMPORARY CASH NVESTMENTS ACCOUNTS RECEVABLE MATERALS AND SUPPLES STORES EXPENSE-UNDSTRBUTED PREPAYMENTS ACCRUED UTLTY REVENUES TOTAL CURRENT AND ACCRUED ASSETS RESTRCTED ASSETS BOND SNKNG FUNDS COMPENSATED ABSENCES OTHER SPECAL FUNDS DEBT SERVCE RESERVE FUNDS BOND CONSTRUCTON FUNDS CUSTOMER DEPOSTS TOTAL RESTRCTED ASSETS NONCURRENT ASSETS UTLTY PLANT PLANT N SERVCE CONSTRUCTON WORK N PROGRESS LESS: PROVSON FOR RETREMENT TOTAL UTLTY PLANT OTHER ASSETS & DEFERRALS NVESTMENT N ASSOCATED COMPANES ELECTRC NVESTMENT N TELECOM NOTES RECEVABLE UNAMORTZED DEBT EXPENSE UNAMORTZED LOSS ON REACQURED DEBT CLEARNG ACCOUNTS TOTAL OTHER ASSETS & DEFERRALS $12,921, ,95 4,173, ,888, ,671, , , ,15, $25,32,773.5 $1,133, ,6, 6, 135, 1,944,5.36 6, $11,412, $135,6, ,55,45.47 (67,786,41.64) $99,869,837. $ 1,39, , , ,54, $3,644, $ 8, $8, $ $ $14,66, ,1,45.45 (4,29,797.72) $11,317,23.48 $ (1,638,548.32) {$1,638,548.32) $12,921, ,95 4, 173, ,969, ,671, , , ,15, $25, 113,36.21 $1,133, ,6, 6,135, 1,944,5.36 6, $7,658, ,95 4,637, , 123, ,38, , , ,428, $21,917, $1, 111, ,6, 6, 135, 1,944,5.36 6, $11,412, $11,391, $15,27,23.92 $137,9, ,56, ,611, (72,76,839.36) (64, 146, ) $111, 187,4.48 $ 1,39, , , (97,797.75) $2,5,926.6 $16,365, $ 1,511,943. 3, , ,2.77 $2,421,753.9 TOTAL ASSETS $139,959, $9, 759, $149,719,15.74 $142,96,826.95

5 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF NET POSTON - COMBNED AS OF JUNE 3, 215 AND 214 ELECTRC COMMUNCATONS CURRENT AND ACCRUED LABLTES WARRANTS OUTSTANDNG $183, $ $183, $426, ACCOUNTS PAYABLE 2,544, ,544, ,977, TAXES ACCRUED 651, , , ,47.65 MSCELLANEOUS ACCRUED LABLTES 91, , ,66.94 TOTAL CURRENT AND ACCRUED LABLTES $3,471, $1, $3,472, $3, 157, PAYABLES FROM RESTRCTED ASSETS CURRENT PORTON OF LONG TERM DEBT $1,69, $ $1,69, $1,645, NTEREST ON LONG TERM DEBT 147, , , CUSTOMER DEPOSTS 586, , ,191.5 COMPENSATED ABSENCES 1,866, ,866, ,72, TOTAL PAYABLES FROM RESTRCTED ASSETS $4,29,792.9 $ $4,29,792.9 $4,54, NONCURRENT LABLTES REVENUE BONDS $33, 15, $ $33, 15, $34,795, COMMUNCATONS ADVANCE FROM ELECTRC 1,39,154. 1,39, ,511,943. OTHER LONG TERM DEBT 3,352, ,352, ,986,18.85 UNAMORTZED PREMUM ON LONG TERM DEBT 363, , ,549.3 UNAMORTZED DSCOUNT ON LONG TERM DEBT {38,68.62) {38,68.62) (43,838.1) TOTAL NONCURRENT LABLTES $33,429, $4,661, $38,91,548.9 $39,626,673.5 TOTAL LABLTES $41, 191, $4,663, $45,854,914.3 $46,838, NET POSTON NVESTED N CAPTAL ASSETS, NET OF DEBT $65,258, $7,964, $73,222, $67, 189,26.65 RESTRCTED FOR CAPTAL CONSTRUCTON RESTRCTED FOR DEBT SERVCE 2,93, ,93, ,94,81.36 RESTRCTED FOR CONTNGENCES 5,881, ,881, ,77,89.58 UNRESTRCTED 13, 139, (2,868,4.8) 1,271, ,529, CONTRBUTONS N AD OF CONSTRUCTON 11,558, ,558, ,558, TOTAL NET POSTON $98,768, $5,95, $13,864,11.44 $95,258,582.6 TOTAL LABLTES AND NET POSTON $139,959, $9,759, $149,719,15.74 $142,96,826.95

6 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY OKANOGAN, WASHNGTON COMPARATVE DATA - JUNE 3, 215 POWER PURCHASED-KWH Current Month 12-Month Period Variance Average Cost Endin This Month Per KWH.. if"his Yrear Last Year ;..ijfhis Year Last Year :This Y.ear l Last Year Tihis-Year ] Last Year. ' j! Bonneville Power Admin. 23,259,Q O 37,275, 454,339,(DO 475,51, (21, 162,oo )i (22,56,) 3.34! 3.25 Wells Dam Power 23,259~ 34,789,. 36,7:64, 295,636, 11,128\ i (2,348,) Nine Canyon 1.,922, 3, 171,. 33,94, 39,816, i.. (6,722,)j 1, l 7.55 Other 7,215,QO 18, i 23,34, 33,2, [ (9,698,)! 24,363, i 3.84 i 6.26 TOTAL POWER PURCHASED 55,65 ; 76,15,ooo 811:,51,-1 843,955, l (26,454,G) j (16,854,ooo) 2.8 tl J 2.86 t POWER SALES - KWH f 1. i - i Residential 14,868,44 14,157,776!. 27,347, ,78,52 : (25,731,26)! 11,995, ? General Service 1 15,48~,943 14,213,583 21:z,41'8;89 214,155, ,263',172 i 8,888, :P9 l 6.89 ndustrial 3,816,35. 3,253,21 43,441,,88 32,221,38 1'1,22,5 i 11, 761,7 ' 5.54! 5.71 rrigation & Frost Control 11,96;558; 1 o,833,36.. 1,395,66 63,23,335 l 7, 371,73~ l (3,63,386) 6.24 i 5.4 Street Lighting 112,8i7,4' 112,334. 1,364;876' ,99i7 j (5,83) Sales for Resale 3;4, 28,813,ooo ,359, 199:549: c21. 19;)! (41,843,) TOTAL POWER SALES 48,37'9,769 71,443,263 fi81,326,8?'.3 86,386,833 i (25,59,96) (12,86,817) i 5.9 f....! i l.!. ; RETAL SALES - KWH 45,375,7,69 42,63,263 l ~Q.?~~-~~~~ i:.~j 66,837,833 L ~J;h~~-~.51.@) J 29,36, 183 L ~..'.?_~ _ 7.4! l ' ACTVE ELECTRCAL ACCOUNTS Residential 17,28 17,67 General Service 2,452 2,417 ndustrial 3. 3 BROADBAND END USERS lihis Year ~, Last Year rrigation & Frost Control 1,347 1,355 Fiber Street Lighting 2~ 21 Motorola-Wireless 68 1,23 Sales for Resale 4 6 New System 999! 613 TOTAL 2,855 2,869 TOTAL 2,48 1,953

7 CODE DESCRPTON REVENUE 1 Sales - Retail 2 Sales - Wholesale 3 nterest 4 Miscellaneous 5 Rental ncome 6 Construction Contributions 7 Grant Proceeds Total Revenue EXPENDTURES Taxes Wages Benefits Travel Tuition Transportation nsurance Utilities Postage, Printing and Stationery Advertising Conservation Expenditures Misc. Contractual Services Legal Services Maintenance Contracts Software Licenses and Support Permits and Fees Rents and Leases Materials and Supplies Small Tools (under $1,) Miscellaneous Unforeseen Operating Contingency Purchased Power CAPTAL OUTLAY 581 Capital - Contractual Services 591 Capital - Materials and Supplies 592 Capital - Meter Purchases 593 Capital - Transformer Purchases 71 Capital -Tools and Equipment 711 Capital - Buildings 712 Capital - Equipment (Over $2,) 71 3 Capital - Vehicles 714 Capital - Personal Computers 91 Unforeseen Capital Contingencies Total Capital Outlay BUDGET PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY MONTHLY BUDGET SUMMARY JUNE 3, 215 ELECTRC YTDACTUAL PERCENT r 1 BUDGET BROADBAND YTDACTUAL PERCENT l PERCENT OF YEAR COMPLETE 5% BUDGET YTDACTUAL PERCENT 44,867, 2,975, 21,331,444 2,66, % 69.45% 1 2,55, 1,34,93 %! 51.17% 1 44,867, 5,525, 21,331,444 3,37, % 61.1 % 41, 18, % 1 % 1 41, 18, % 1,94, 829, % 1 % 1 1,94, 829, % 11, 18, %! % 11, 18, % 997, 762, %! % 1 997, 762, % 6,72,4 1,877, % 1 438,7 991, % 1 7,159,1 2,869, % 56,84,4 26,92, % 1 2,988,7 2,296, % 1 59,793,1 29, 199, % 7,418,4 3,379, % 1 326,8 213, %! 7,745,2 3,593, % 2,955,2 1,351, % 146,4 93, % 1 3,11,6 1,445, % 141,5 4,772 15, 1, % 1 156,5 42, % 95,5 19,528 ;:~~ 1 15, 5, % 11,5 25, % 823,7 435, % 58, 24, %! 881,7 459, % 336,5 14, % % 1 336,5 14, % 1,8 4, % % 1,8 4, % 152,1 62, % % [ 152,4 63, % 24,1 14, % 846 % 24,1 15, % 472,4 8, % % 472,4 8, % 2,327,8 833, % 1 229,2 9, % 2,557, 843, % 281, 1 79, % 1 1, 3, % 291, 1 82, % 233,3 33, %! 157,5 86, % 39,8 12, % 574,8 25, % 63, 15, % 1 637,8 22, % 16, % 69,8 21, % 1 86,4 22, % 89,8 56, % 68,4 48, % 158,2 15, % 666,7 275, % 95,7 24, % 762,4 299, % 36, % j 1, % 1 37, % 66,6 53, % 1 % 1 66,6 53, % 1, % % 1 1, % 23,285, 12,81, % 1 % 1 23,285, 12,81, % 2,677, 1,315, %! 13, 6, % 2,69, 1,321, % Total Expenditures 42,875,7 2,53, % 1 1,269, 1 555, % 1 44,144,8 21,59, % DEBT SERVCE 81 Debt Service - Principal 1,482,3 741,131 5% 1 358,6 156, % 1 1,84,9 897, % 811 Debt Service - nterest 1,517,4 812, % 1 355,7 144, % 1 1,873, 1 956, % Total Debt Service 2,999,7 1,553, % 1 714,3 31, % 1 3,714, 1,854, %!AVALABLE FOR CAPTAL OUTLAY 1,929, 4,845, % 1 1,5,3 1,439, % 1 11,934,3 6,284, %1 i 2.48%! % 31.89% / 342,1 24.5% % 1 12,475, 4,198, 119, 4, 6,5 354, 435,7 224, 26,7 1, 39,911 1,338,778 28, ,575 3,84 87,355 (117,662) 5,76 % 1 8.5% 2.5% % % 1 % 1 18,338,9 1,83, % 1 RESERVES/DEBT (7,49,9) 3,41, % 1 11, ,26 3, % 1 % %! % 1 % % 1 % 1 % % 1 443,2 72, %! 562, 1 1,366, %! 12,475, 4,54,1 119, 4, 6,5 354, 536,8 224, 26,7 1, 31,512 1,38,84 28, ,575 3,84 117,373 (117,662) 5, % 3.41% 24.5% 3.39% % 8.5% 21.87% % 19.1% % 18,782,1 1,876, % (6,847,8) 4,48, %

8 June 3, 215 The following is an explanation of fund balances established by resolution for the payment of ordinary and extraordinary operating expenses and the establishment of reserves against contingent and/or unforeseen liabilities. The fund descriptions and balances are as follow: OTHER NVESTMENTS AND FUNDS: Sinking Funds - Bond Principal and nterest nvestments $1, 133, Other Special Funds - 21 Debt Service Reserve Account 21 Bond Construction Fund Account Employee Annual Leave Rate Stabilization Fund $1,944,5.36 1,6, 6, 135, $9,679,5.36 Revenue Fund - Less Warrants Outstanding Temporary Cash nvestments Customer Deposit Reserve $11,971, , 173, , $16,745,33.64 Total nvestments and Funds $27,558,19.63