FINANCIAL and STATISTICAL REPORT for JULY 2018

Transcription

1 FNANCAL and STATSTCAL REPORT for JULY 218 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 JULY 31, 218 AND 217 ELECTRC COMMUNCATONS SYSTEM SYSTEM OPERATNG REVENUE RESDENTAL $23,667,858.6 $ $23,667,858.6 $24,242,35.5 GENERAL SERVCE 16,666, ,988, ,654, ,246, NDUSTRAL 1,9, ,9, ,777, RRGATON AND FROST CONTROL 4,347, ,347, ,11, STREET LGHTNG 151, , , SALES FOR RESALE 3,47, ,47, ,185, TOTAL SALES $48,889, $2,988, $51,877,84. $51,619, OTHER OPERATNG REVENUE CARRYNG CHARGES $14, $1,24.44 $141, $148,889. MSCELLANEOUS SERVCE REVENUE 158, ,18 168, ,72.67 RENTS 19, , ,28.28 OTHER OPERATNG REVENUE 1,866,49.9 1,866,49.9 9,923.5 TOTAL OTHER REVENUE $2,273, $11,24.44 $2,284, $1,331,795. TOTAL OPERATNG REVENUE $51,163, $2,999,573.6 $54, 162, $52,951, OPERATNG EXPENSES PRODUCTON $239, $ $239, $43, PURCHASED POWER 24,225, ,225, ,888,999. OTHER POWER SUPPLY 899, , , TRANSMSSON 137, , ,65.63 DSTRBUTON 6,924, ,924, ,746, TELECOMMUNCATONS 1,74, ,74, ,836.6 CUSTOMER ACCOUNTNG 1,562,1.23 1,562, ,491,242.7 CUSTOMER SERVCE AND NFORMATON 1,75, (48.57) 1,75, , ADMNSTRATVE AND GENERAL 3,4, , ,461, ,25, TAXES 2,866, , ,882, ,89, DEPRECATON/AMORTZATON 4,392, ,662, ,55, ,932, TOTAL OPERATNG EXPENSES $45,722, $2,813, $48,536, $46,218, OPERATNG RATO 89.37% 93.8% 89.61% 87.29% NET OPERATNG REVENUES $5,44, $185, $5,626, $6, 732, OTHER NCOME $613,48.5 ($12,585.97) $6, $741, CONTRBUTONS N AD OF CONSTRUCTON 1,371, , ,422, , NTEREST EXPENSE 431, , , , OTHER DEDUCTONS EXTRAORDNARY TEMS CHANGE N NET POSTON $6,993,355.3 $93, $7,86, $7,497,678.1 TOTAL NET POSTON, AUGUST 1 $16,54, $4,799,52.58 $111,34,45.42 $13,86, TOTAL NET POSTON, JULY 31 $113,497, $4,892,693.4 $118,39, $111,34,45.42

3 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF REVENUES, EXPENSES AND CHANGES N NET POSTON - COMBNED FOR THE MONTHS ENDNG JULY 31, 218 AND 217 OPERATNG REVENUE RESDENTAL GENERAL SERVCE NDUSTRAL RRGATON AND FROST CONTROL STREET LGHTNG SALES FOR RESALE ELECTRC SYSTEM $1,48, ,189, , , , ,89.5 COMMUNCATONS SYSTEM $ 247, $1,48, ,437, , , , , $1,422, ,41, , , , , TOTAL SALES $3,914,98.12 $247, $4, 162,59.88 $3,876,997.3 OTHER OPERATNG REVENUE CARRYNG CHARGES MSCELLANEOUS SERVCE REVENUE RENTS OTHER OPERATNG REVENUE TOTAL OTHER REVENUE $1, , , ,92.1 $15, $ $ $1, , , ,92.1 $1, , , ,63.21 $151,9.58 $166, TOTAL OPERATNG REVENUE $4,65, $247, $4,313,69.46 $4,43, OPERATNG EXPENSES PRODUCTON PURCHASED POWER OTHER POWER SUPPLY TRANSMSSON DSTRBUTON TELECOMMUNCATONS CUSTOMER ACCOUNTNG CUSTOMER SERVCE AND NFORMATON ADMNSTRATVE AND GENERAL TAXES DEPRECATON/AMORTZATON TOTAL OPERATNG EXPENSES $127, ,999, , , , , , , ,1.17 $4,44, $ 92, , , ,269.2 $238, $127, ,999, , , , , , , , , $1, ,879,528. 5, ,5 47, , , , , , , $4,282, $3, 722,21.55 OPERATNG RATO 99.49% 96.1% 99.3% 92.5% NET OPERATNG REVENUES OTHER NCOME NTEREST NCOME GAN/LOSS ON DSPOSTON OF PROPERTY GRANT REVENUE CONTRBUTONS N AD OF CONSTRUCTON NTEREST EXPENSE OTHER DEDUCTONS EXTRAORDNARY TEMS CHANGE N NET POSTON $2,71.6 $ 1, , (129,564.6) {$37,35.54} $9, $ (12,71.3) 1,353. (1,723.77) {$12,376.98} $3, $321, $ 1,45.53 (12,71.3) 62, (14,287.83) $9 7, (7,697.83) 51, (39,39.7) {$49,727.52} $334,687.59

4 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF NET POSTON - COMBNED AS OF JULY 31, 218 AND 217 ELECTRC SYSTEM COMMUNCATONS SYSTEM CURRENT AND ACCRUED ASSETS REVENUE FUND &DEPOSTORES WORKNG FUNDS &PETY 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 DEFERRED OUTFLOWS - DRS PENSON UNAMORTZED LOSS ON REACQURED DEBT CLEARNG ACCOUNTS $12,622, ,25 1,598, ,655, ,471, , , ,494, $23,264,83. 7 $1,519, ,, 6, 135, 1,944,5.36 6, $12,199, $168,823, ,155, (77,4,668.96) $118,938, $ 617,84 241, , , (298,927.1) $ 92,88.34 $92,88.34 $ $ $15,384, ,86.44 {7,429, ) $8,45,834.8 $ 273,333.6 $12,622, ,25 1,598, ,747, ,471, , , ,494, $23,356, $1,519, ,, 6, 135, 1,944,5.36 6, $14,592, ,25 1,, ,23, ,372, , , ,489, $24,5,76.76 $1,52,98. 2,, 6, 135, 1,944,5.36 6, $12,199, $12,181, $184,28, $163, 127, ,245, ,78,34.2 {84,469,791.13} (81,65,56.59) $126,984, $ 617,84 241, , , (25,593.95) $122, 14,66.77 $ 853, , ,537, , {64,11.52) TOTAL OTHER ASSETS & DEFERRALS $1,781,8.82 $273,333.6 $2,54, $2,915,276.3 TOTAL ASSETS $156, 183,12.9 $8,411,256.2 $164,594, $161,287,17.92

5 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY COMPARATVE STATEMENT OF NET POSTON -COMBNED AS OF JULY 31, 218 AND 217 ELECTRC COMMUNCATONS SYSTEM SYSTEM 218 CURRENT AND ACCRUED LABLTES WARRANTS OUTSTANDNG $217, $ $217, ACCOUNTS PAYABLE 2,272, ,272, TAXES ACCRUED 783, , ,576.6 MSCELLANEOUS ACCRUED LABLTES 84, , TOTAL CURRENT AND ACCRUED LABLTES $3,357, $4,52.14 $3,361, PAYABLES FROM RESTRCTED ASSETS CURRENT PORTON OF LONG TERM DEBT $1,97, $ $1,97, NTEREST ON LONG TERM DEBT 248, ,1.22 CUSTOMER DEPOSTS 622, ,5 626,64.54 COMPENSATED ABSENCES 1,924, ,924,49.32 TOTAL PAYABLES FROM RESTRCTED ASSETS $4, 72,59.4 $3,5 $4,76,9.4 NONCURRENT LABLTES REVENUE BONDS $27,615,271.8 $ $27,615,271.8 COMMUNCATONS ADVANCE FROM ELECTRC 617,84 617,84 OTHER LONG TERM DEBT 2,892, ,892,73.2 UNAMORTZED PREM/DSC ON LONG TERM DEBT 296, , NET PENSON LABLTY 5,365,558. 5,365,558. TOTAL NONCURRENT LABLTES $33,277,24.99 $3,51,543.2 $36, 787' OTHER LABLTES & DEFERRALS DEFERRED NFLOWS - DRS PENSON $1,347,88 $ $1,347,88 TOTAL OTHER LABLTES & DEFERRALS $1,347,88 $ $1,347,88 TOTAL LABLTES $42,685, $3,518, $46,23, $435, , 11, , ,538.8 $3,418,26.79 $1,866, , , ,35, $4, 733, $29,522, ,554. 3,42, , ,8,644. $41,525, $36,236. $36,236. $49,982,972.5 NET POSTON NVESTED N CAPTAL ASSETS, NET OF DEBT $89,396, $5,153, $94,549, RESTRCTED FOR CAPTAL CONSTRUCTON RESTRCTED FOR DEBT SERVCE 3,216, ,216, RESTRCTED FOR CONTNGENCES 6,187, (3,5) 6,184, UNRESTRCTED 3,139,91.12 (256,938.74) 2,882, CONTRBUTONS N AD OF CONSTRUCTON 11,558, ,558, TOTAL NET POSTON $113,497, $4,892,693.4 $118,39, TOTAL LABLTES AND NET POSTON $156, 183,12.9 $8,411,256.2 $164,594, $87,754, , 188, ,126, ,676, ,558, $111,34,45.42 $161,287,17.92

6 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY OKANOGAN, WASHNGTON POWER PURCHASED-KWH Bonnevlle Power Admn. Wells Dam Power Nne Canyon Other TOTAL POWER PURCHASED COMPARATVE DATA - JULY 31, 218 Current Month Varance Ths Month Last Year Last Year Last Year 36,842, 481,377, 36,222, 27,9, 321,962, 38,765, 2,54, 36,15, (3,726,) 1,643, 3,29, (42,644,) 68,889, 869,473, 28,617, Last Year POWER SALES - KWH Resdental General Servce ndustral rrgaton & Frost Control Street Lghtng Sales for Resale TOTAL POWER SALES 15,987,376 34,241,557 31,891,26 15,939, ,45,424 6,61,47 1,52,41 3,46,95 (13,72, 11) 11,63,215 62,86,456 (13,263,877) 112,532 1,36,34 (2,94) 1,217, 197,867, 7,442, ,362, ,61,421 19,55, RETAL SALES - KWH 45,145,186 63, 194,421 11,613, ACTVE ELECTRCAL ACCOUNTS Resdental General Servce ndustral rrgaton & Frost Control Street Lghtng Sales for Resale TOTAL 17,142 2,53 BROADBAND END USERS Last Year 3 Fber 377 1,35 Motorola-Wreless Cambum-Wreless 5 New S stem/wf 1,692 21,23 TOTAL 2,53

7 PUBLC UTLTY DSTRCT NO. 1 OF OKANOGAN COUNTY MONTHLY BUDGET SUMMARY JULY 31, 218 PERCENT OF YEAR COMPLETE 58.33% ELECTRC n,---1 BROADBAND : CODE DESCRPTON BUDGET YTDACTUAL PERCENT REVENUE BUDGET YD ACTUAL PERCENT [ BUDGET YTDACTUAL PERCENT! l 1 Sales - Retal 47,849, 26,941, %1 l %1 47,849, 26,941, % 2 Sales - Wholesale 1,19,4 2,441, % j 2,95, 1,761, %1 4,14,4 4,22, % 3 nterest 135, 111, %. %1 135, 111, % 4 Mscellaneous 1,22, 71, %1 ; 371 %1 1,22, 71, % 5 Rental ncome 11, 19, %1 O.OO% 11, 19, % 6 Constructon Contrbutons 692, 538, %1 "j 4,399 %f 692, 579, % 7 Grant Proceeds 1,163,9 595, %1 l %1 j 1,163,9 595, % Total Revenue 52,36,3 31,438, %1-1 2,95, 1,82, %! 55,31,3 33,24, % ' j; l EXPENDTURES L l r 1 Wages 8,395, 4,423, %!' 358,6 297, %1 8,753,6 4,721, 53.93% 11 Benefts 3,566,7 1,953, %[ 155,6 129, %1 3,722,3 2,82, % l 2 Travel 155, 54, %1 18, 5, %1 173, 6, % 21 Tuton 118,1 51, %1,. 24, 3, %1 142,1 54, % 3 Transportaton 662,7 525, %1 1 18,9 33, % 681,6 559, % 4 nsurance 352,5 141, %1 % 352,5 141, % 5 Utltes 17,1 51, %, %1 17, 1 51, % 6 Postage, Prntng and Statonery 155,2 76, %1 8 1, %1 156, 78,9 5.1% 7 Advertsng 31,9 8, % 6 %1 32,5 8, % 71 Conservaton Expendtures 461,7 363, %1 %1 ' 461,7 363, % 8 Msc. Contractual Servces 3,554,8 1,262, %1 14,2 35, %1 ' 3,659, 1,298, % 81 Legal Servces 232,1 116, %\ 5, %1 l 237,1 116, % Mantenance Contracts Software Lcenses and Support Permts and Fees 227,5 617,1 11,3 49,692 37,275 2, ,5 145,3 41, 64,224 49,939 13, % % %1 341, 762,4 52,3 113, ,214 16, % 46.85% 31.47% 85 Rents and Leases 89,9 46, %1 68,1 49, %1 158, 96, % Materals and Supples Small Tools (under $1,) Mscellaneous Unforeseen Operatng Contngency Purchased Power Taxes Total Expendtures DEBT SERVCE 81 Debt Servce - Prncpal 811 Debt Servce - nterest 53, 35,7 97,9 25, 24,269, 2,871, 32,597 7,181 3, ,41 14,526,973 1,674, % %! 24.5% ' 57.9%1 2.11%1 3.93%! 44.56% 59.86%\ 58.32%! 131,7 1, 15, 1,21,3 43, , %1 44.3%! O.OO% %1 % % %1! 58.1%! 59.44% ,7 36,7 97,9 25, 24,269, 2,886, 346,326 7,624 3, ,41 14,526,973 1,683, % 2.77% 3.93% 44.56% 59.86% 58.34% 46,792,2 26,63, %! -J 736,683 j 47,993,5 26,799, %!! 1,667, 972, %1 392,3 227,564 cj 2,59,3 1,2, % 1,45,1 884, %1 124,4 73,939 l 1,574,5 958, % Total Debt Servce 3,117,1 1,856, % 516,7 31, %1.l 3,633,8 2,158, %!AVALABLE FOR CAPTAL OUTLAY 2,451, 3,518,963 CAPTAL OUTLAY 581 Captal - Contractual Servces 591 Captal - Materals and Supples %1-1,232, 763, %! 3,683, 4,282, %1 %1! 4,994,846 71, % 41.14%! 3,77,8 1,234, % ' 4,994,846 71, /cj 3, 123, 994, %1 584,8 24, Captal - Meter Purchases 7, 27, %\' % 1 7, 27, % 593 Captal - Transformer Purchases 4, 287, %[ %1 4, 287, % 71 Captal - Tools and Equpment 5, %1 % 1 5, % 711 Captal - Buldngs 279,8 34, %\ %1-279,8 34, % 712 Captal - Equpment (Over $2,) 336,5 136, %! 52, 3,639 7.%1 : 388,5 14, % 713 Captal - Vehcles 39, (37,855) %1 %1.1 39, (37,855) % Captal - Personal Computers 32,2 16, %! %[ 32,2 16, % 91 Unforeseen Captal Contngences 25, 17, %1 %! 25, 17, % Total Captal Outlay 9,8,346 2,186, %1 636,8 244, %1 -; -1 1,437,146 2,431, % RESERVES/DEBT (7,349,346) 1,332, %'! 595,2 519, %1 \ (6,754,146) 1,851, %

8 July 31, 218 The followng s an explanaton of fund balances establshed by resoluton for the payment of ordnary and extraordnary operatng expenses and the establshment of reserves aganst contngent and/or unforeseen labltes. The fund descrptons and balances are as follow: OTHER NVESTMENTS AND FUNDS: Snkng Funds - Bond Prncpal and nterest nvestments $1,519, Other Specal Funds - 21 Debt Servce Reserve Account 21 Bond Constructon Fund Account Employee Annual Leave Rate Stablzaton Fund $1,944,5.36 2,, 6, 135, $1,79,5.36 Revenue Fund - Less Warrants Outstandng Temporary Cash nvestments Customer Depost Reserve $12,264, ,598, , $14,463, Total nvestments and Funds $26,62,919.83