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5.1. ERMUSR 11-17-2015 Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E.—General Manager John Dietz—Chair Al Nadeau—Vice Chair Daryl Thompson—Trustee MEETING DATE: AGENDA ITEM NUMBER: November 17, 2015 5.1 SUBJECT: 2016 Budget: Rates and Review 1 BACKGROUND: In preparation for budget approval in December, staff continues to work through the 2016 budget process. Based on the preliminary rate increase notifications and projected expense increases and capital expenditures, a preliminary balanced budget has been drafted. DISCUSSION: Electric Department Budget Wholesale power costs makes up a considerable portion of the required operating revenue, approximately 72% for 2015, and the wholesale rates set by Great River Energy(GRE)have an enormous impact on ERMU's rates. The 2016 wholesale power rates have been approved by the GRE board which results in a projected 2.0% impact to ERMU. This increase in wholesale power costs are passed through in ERMU's retail rates. The projected system growth and conservative approach to expenses help to offset this rate increase. As a result,the proposed ERMU budget reflects a projected 1.25%increase in retail rates. These numbers are still preliminary and are subject to change by the December Commission meeting. Notable items in the electric budget: • An estimate of 1.0% growth in usage, higher growth for data centers. • NISC software and implementation costs • Electric service territory acquisition costs Water Department Budget After not implementing rate increases in 2010, 2011, or 2012, staff worked to establish a multi-year plan to bring rates and cash flow projections in line with capital improvement plan projections. The multi-year plan was intended to feather in the projected larger rate increase needed for required future capital improvements. Staff had established a three year plan stating in 2013. The 2015 budget was based on implementing the 3`d year of the three year re NEDED D IPage 1 of 2 ATURE Reliable Public' Power Provider P O W E R E D T O S ERV E 120 plan. The plan included a 4%increase in 2013, a 4%increase in 2014, and a 4%increase for 2015. Now that the rates have been adjusted to meet the long term water capital project projections, we are in the position to pass through smaller but more regular rate increases. The 2016 budget reflects a 2.5% increase in monthly customer fee, a 2.4% increase in 1st tier water rate, and a 0%increase in 2nd and 3rd tier rates. The blended result for a typical residential customer is a 2.0%rate increase for 2016. Notable items in the water budget: • Maintenance of facilities. • NISC software and implementation costs. • Construction of a new filter to be located at the Well#7 Filter Plant. ACTION REQUESTED: • No action requested. ATTACHMENTS: • Proposed Summary of 2016 Budgets • Proposed 2016 Electric and Water Revenue and Expense Budget • Proposed 2016 Electric Capital Budget • Proposed 2016 Water Capital Budget • Proposed 2016 Administration and Technical Services Capital Budgets • Proposed 2016 Training and Travel Budget • Proposed 2016 Conservation Improvement Program Budget 'POWERED BI Page 2 of 2 NATURE Reliable Public, Power Provider P OWERED T O S ERVE 121 ELK RIVER MUNICIPAL UTILITIES SUMMARY OF YEAR 2016 BUDGETS ELECTRIC BUDGET SUMMARY 2016 ELECTRIC REVENUE $ 37,163,202 includes an estimated revenue amount Area 1$2,083,416 ELECTRIC EXPENDITURES (35,078,121)includes an estimated power cost amount Area 1$1,562,562 ELECTRIC NET FOR CAPITAL 2,085,081 5.61% DEBT RETIREMENT (692,000) PROMISSORY NOTE TO COUNTY (191,508) LESS DEBT PRINCIPAL PMTS 1,201,573 CAPITAL EQUIPMENT/CONSTRUCTION (3,665,370) FUND FROM RESERVES BOND REFUNDING NET (2,463,797) DEPRECIATION 2,325,000 NET TO RESERVES (138,797) WATER BUDGET SUMMARY 2016 WATER REVENUE $ 2,603,100 WATER EXPENDITURES (2,601,192) WATER NET FOR CAPITAL 1,908 0.07% DEBT RETIREMENT (233,000) GROSS (231,092) CAPITAL PROJECTS (2,146,855) FUND FROM RESERVES 940,000 FUND FROM WATER TRUNK FUND 300,000 BONDING - NET (1.137,947) DEPRECIATION 1,140,000 NET TO RESERVES 2,053 Currently,target reserves are met. 2016 BUDGET SUMMARY x1s2016 122 0 co m m m co a c n af m N o s a v s 0 E E ~ to Ia I ; n c41 oLo c I 3 11 Io W o O. a v c a o c P v E Z « « 1; E12 2 1,9 o' v o a cg . 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Additional Feeders Subtotal $ 1,855,000 Administration Noteworthy Non-Recurring Expenses Cost Description Subtotal $ - Capital Equipment Needs Cost Description $ 8,950 Laptop Computers,Software,Accessories $ 2,000 SCADA equipment Replace Digger Truck#10 with new 2017 $ 250,000 Replace Bucket Truck#21 with new 2017 $ 250,000 $ 95,000 Flatbed Truck for Bore Rig $ 10,000 Plow for Payloader $ 70,000 Replace VacTron $ 35,000 Pickup replace Unit#24 $ 35,000 Pickup replace Unit#6 Field Services Building addition ?years 80/20% Bond$5,000,000 $ 229,420 80%share of Administration and Technical Services Landfill Expansion Project ?2017 $ 240,000 Subtotal $ 485,370 Total $ 3,665,370 128 Elk River Municipal Utilities 2016 Water Department Capital Budget Water Capital Construction Needs Cost Description $ - Water Main Construction $ 1,500,000 Construction of Filter Plant 9 $ 140,000 Well 3 $ 100,000 Facility Repair $ 40,000 Chemical Dosing Upgrades $ 4,000 Well Dehumidifiers $ 250Well 3 $ 1 Alf Rad Valvecon t $25,000 2017? $ 30,000 Asset Management Software Subtotal $ 1,839,000 Water Noteworthy Non-Recurring Expenses Cost Description $ 50,000 Repairs&Maintenance $ 2,500 Leak Detection Survey $ 3,000 Computers/GIS/SCADA $ 10,000 Meters/ERTs $ 15,000 Miscellaneous Tower Repairs/Maintenance $ 90,000 Jackson Water Tower $ - Wash Outskle of Tower Gary St coMpteted in 2015 Subtotal $ 170,500 Capital Equipment Needs Cost Description $ 80,000 New Valve Exercising Machine $ 57,355 20%share of Administration and Technical Services Subtotal $ 137,355 Total $ 2,146,855 129 Elk River Municipal Utilities 2016 Administration and Technical Services Departments Capital Budgets Administration Capital Equipment Needs Cost Description $ 7,000 Computer, Software,Accessories-Upgrades $ 10005 New in house server for NISC Subtotal $ 107,375 Administration Noteworthy Non-Recurring Expenses Cost Description $ 5,400 Office Furniture $ 1,500 printers/scanners $ 12,000 City Hall/Utility Fitness Room Subtotal $ 18,900 Total $ 126,275 Technical Services Capital Equipment Needs Cost Description $ 6,500 Computers,Software,Accessories-Upgrades $ 32,000 Itron MV-90 Software to replace outdated metering data software Diesel Engines Emission Retrofit $ 400,000 Currently designated as emergency standby, $ 80,000 Omicron Test Set $ 35,000 Vehicle for GIS/Mapping Technician Landfill expansion project $ 240,000 ?2017 Subtotal $ 153,500 Technical Services Noteworthy Non-Recurring Expenses Cost Description $ 2,000 tools,etc for new position $ 5,000 desk for new position Subtotal $ 7,000 Total $ 160,500 130 ELK RIVER MUNCIPAL UTILITIES TRAINING AND TRAVEL BUDGET FOR 2015 Budget Budget Budget ELECTRIC 2014 2015 2016 MMUA Overhead Hot Line School 3 people 3,075.00 3,111.00 3,165.00 MMUA Underground School 3 people 3,075.00 3,111.00 3,165.00 MMUA Transformer School 3 people 3,075.00 3,111.00 3,165.00 MMUA Substation Workshop 2 people 2,050.00 2,074.00 2,110.00 1st Line Supervision 1 person 250.00 300.00 1,470.00 Apprenticeship 3 people 3,750.00 3,750.00 1,602.00 MMUA Meter School 2 people 970.00 1,940.00 1,940.00 MMUA Locator Workshop 2 people 650.00 650.00 720.00 Regional Workshop 10 people 450.00 450.00 650.00 Infrared Camera training 1 person 525.00 529.00 GPS 1 person 1,500.00 750.00 APPA Linemen Rodeo team 3-5 people 5,500.00 4,340.00 Cross Training School 2 people 955.00 Additional Training 1,000.00 1,000.00 1,000.00 18,870.00 27,026.00 25,032.00 WATER Water Certification Continuing Educz 3 people 2,700.00 4,000.00 2,000.00 Wastewater Certification Continuing 3 people 2,270.00 1,000.00 1,500.00 1st Line Supervision 1 person 250.00 1,200.00 1,470.00 Meter School/Training 1 person 970.00 - Apprenticeship 1 person Chamber Leadership Program 1 person Additional Training 500.00 500.00 1,000.00 6,690.00 6,700.00 5,970.00 TECHNICAL SERVICES MMUA Locator Workshop 1 person - 1,366.00 695.00 MMUA Staking Workshop - - 750.00 MMUA Diesel Workshop 1 person 670.00 750.00 755.00 UMMA Meter Workshop 1 person 1,660.00 1,660.00 842.50 CAD Workshops/GPS 1 person - - 750.00 Substation School 780.00 Power Limited classes 1 person 990.00 990.00 292.15 Power Quality training 2 people 400.00 400.00 Infrared Camera training 1 person - - 535.00 Security classes 1 person 400.00 400.00 400.00 UMMA winter and summer mtg 2 people 550.00 850.00 1st Line Supervision 250.00 250.00 Electrical Licensing 1 person 345.00 360.00 Cross Training School 1 person 810.00 Apprentice Meter Program(2) 2 people 1,200.00 2,400.00 2,450.00 Additional Training 1,000.00 1,000.00 1,000.00 8,245.00 9,216.00 10,489.05 ADMINISTRATION AWWA Water Certification Continuing Education 1,572.50 MRWA Water Certification Continuing Education 500.00 Wastewater Certification Continuing Education 500.00 MV-RS Meter/Software training 1 person - - 650.00 Wastewater Certification 500.00 Financial Publishing and Design Software tog 1 person 1;000.00 Engineering MMUA Annual Summer Meeting 4 staff/1 comm 3,650.00 3,750.00 4,525.00 MMUA Legislative Round-up 4 staff/1 comm 1,630.00 3,200.00 2,650.00 APPA Legislative Round-up 1 staff/1 comm 5,425.00 2,793.88 4,650.00 or Engineering/Operator Workshop MMUA T&O Conference 4 staff 1,800.00 1,800.00 2,400.00 MMUA Legal Seminar 250.00 250.00 GoalsNisioning/Strategic Planning Clerk's Conference 519.00 519.00 600.00 1st Line Supervision 1,470.00 APPA EOO Conference 0 pe00e 6,020.00 APPA Management APPA Training(Annual,Mgmt,CS,Fin,Eng,CIP,etc) 7,900.00 7,900,00 5,670.00 Management Training 3,000.00 2,250.00 2,500.00 Additional Training 1,000.00 1,000.00 1,000.00 33,207,33 31656.88 36,207.50 OFFICE Member Information Conf(NISC) 5 staff 2,700.00 6,200.00 7,80.00 Customer Service 3,500,00 3,500.00 Chamber Leadership Program 1 person 350,00 350.00 350.00 6,550.00 6,550.00 11,650.00 SAFETY TRAINING Safe Driver Training 2,100.00 2,100,00 2,100.00 Hearing Test 485.00 500.00 500.00 MMUA Monthly Safety Meetings 24,950.00 25,250.00 26,600.00 27,535.00 27,850.00 29,200.00 EDUCATION 3,000.00 3,000.00 3,000.00 104,097.33 111,998.88 121,54 9.15 • Page 1 131 TO 1 N Y s m 7...sEEE RR mE+n- rnERaaLsEaR uri aaa aER Ea N ERREEEErn IEREER n N 4gilill" w as w:ww : w w w w w K ww Nw�ww w w 'r. 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