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City Power & Light Department 2016-2017 Budget
City Power & Light Department 2016-2017 Budget
Mission Statement
To provide
affordable, reliable,
customer-oriented and
environmentally-friendly
electric energy services.
FY 2016 Activities - Accomplishments
• Added new wind and solar resources
• Launched Refurbishment of Platinum LEED certified new offices
• FEMA storm recovery grant: $1 million
• Federal Energy Regulatory Commission case: Reached a Settlement pending FERC approval
• Closed Missouri City ash pond: $2.2 million
• Completed Rebuild Substation J: $4.3 million
2016 Renewable Energy Additions
• 160% Increase in Renewable Energy • Total renewables in FY-2017 = 13% of
energy supply • 3 MW New Community Solar Program • 20 MW Marshall Wind Project
Fiscal Year 2016-17 Objectives
• Complete move to new offices- Platinum LEED Certification
• Asset Maintenance & Upgrades • Roll out Utility Billing System • Financial Management System • Community Involvement • Ash Pond Closure at Blue Valley • American Public Power Association
(APPA) Reliable Public Power Provider (RP3) Designation
Employee Information
Administration
Support Svcs
Production
Engineering
Trans & Dist
Operations
27 71
12
69
43
Total: 239
17
Source: Operating Budget, page 265
Fiscal Year System Load (MWH)
800,000
900,000
1,000,000
1,100,000
1,200,000
1,300,0001
99
9
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
Projected
Operating Budget Power & Light
Proposed FY 16-17: $114,058,507 Budget from FY 15-16: $109,912,847 Proposed Change ($): $ 4,145,660 Proposed Change (%): 3.8%
Source: Operating Budget, page 265
Operating Budget – Power & Light $114,058,507
Administration
Support Services
Fuel/Purchased Power
Engineering
Production
Operations
Transmission &Distribution
Source: Operating Budget, page 265
57%
12%
3%
11%
4%
3% 10%
2017 Retail Revenues $141,273,359
Residential
Commercial
Industrial
54%
43%
4%
2017 Sources Of Revenue
• Operating Revenues $141,273,359
• Inter-fund Charges 1,571,817
• Total Sources $142,845,176
Source: Operating Budget, page 255
2017 USES OF BUDGET DOLLARS
• Operating Expenses
– Power & Light Direct $114,058,507
– Non-Departmental Charges 23,039,678
– Debt Service 8,946,157
• Capital Expenditures 16,390,000
• Total Uses $162,434,342
Source: Operating Budget, page 253
FY 16/17 Capital Budget Power & Light
(millions of dollars—Cash Funded)
BV Ash Pond Closure $ 6.0 Substation E to F Transmission Line Rebuild $ 3.0 Substation I Switchgear & Transformer $ 3.7 BV Boiler Burner Management Upgrade $ .8 BV Generator Hydrogen System Upgrade $ .5 Substations & Transmission System Upgrade $ .8 System Operations Work Area Renovation $ .6 New Financial Management System $ .6 System Operations UPS Upgrade $ .4 TOTAL CAPITAL IMPROVEMENTS $16.4
Source: Operating Budget, page 257
Available Cash Reserves
Beginning Balance 6/30/15 $ 38,202,000
Operating Revenues FY 2016 $ 136,340,000
Operating Expenditures ($ 131,035,000)
Capital Project Appropriations ($ 21,596,000)
Net Cash Flow FY 2016 ($ 16,291,000)
Projected Balance 6/30/16 $ 21,911,000
Data Source: Operating Budget, page 253
Cash Reserves After FY 2017
Beginning Balance 6/30/16 $ 21,911,000
Operating Revenues FY 2017 $ 142,845,176
Expenses, Debt & Capital Cost ($ 162,434,342)
Net Cash Flow FY 2017 ($ 19,589,166)
Ending Cash Balance 6/30/17 $ 2,321,834
Reliability
• Aggressive tree trimming program
• Long term energy supply
• Underground Service Program
• Reliability Index* Comparison: IPL 23.7
National Averages 52.8 KCPL 48.4 Ameren 95.0
*System Average Interruption Duration Index – measures the average outage duration in minutes for each customer ; national average per APPA
Community Involvement
• $2.4 million in Energy Efficiency since 1990 • $500,000 I Share since inception • $1.7 million I-RAP since 2003 • Community Solar Program
Questions?
