Report on Income Finance - Metropolitan Utilities District · Volumes ‐Billions of Gallons Sold...

May 2019

Metropolitan Utilities District Report on Income & Finance

2

Water OperationsCurrent Month – May 2019

$9.5 $8.9

$9.8

$‐

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

Net Operating Revenue

Net Operating Revenue(Net of Bad Debt)

(in mi llions)

Actual Budget Prior Year

2.50

2.07

2.77

‐

0.50

1.00

1.50

2.00

2.50

3.00

Thousands of Gallons Sold

Volumes ‐ Billions of Gallons Sold


$0.5 $0.6 $0.5

$8.0 $7.8 $8.1

$‐

$2.0

$4.0

$6.0

$8.0

$10.0


Operating Expenses & Other(Includes Nonoperating Revenues / Expenses)

(in mi llions)

Nonoperating Revenues / ExpensesActual Budget Prior Year

$8.4 $8.6

$1.0

$0.5

$1.2

$‐

$0.2

$0.4

$0.6

$0.8

$1.0

$1.2

$1.4

Net Income(in mi llions)


$8.5

D

3

Water OperationsExecutive Summary

May 2019

Revenue: Millions• May Water sales revenues of $9.5 million were favorable to budget by $.6 million, or 6.6%, as follows:

0.6$

• May Water sales revenues of $9.5 million were unfavorable to prior year by $.3 million, or 2.8%, as follows:(0.3)$

Volumes:• Water volumes were favorable to budget by 21.1% and unfavorable to prior year by 9.7%

Operating Expenses & Other:• May operating and other expenses of $8.5 million were unfavorable to budget by $.1 million, or .7%, as follows:

(0.3)$

(0.2)$

0.2$

Decreased Depreciation expense (Capital spending is $8.8 million below budget through May) 0.1$

Increased earnings on invested cash balances 0.1$

•

$ 0.2

Decreased WIR Water Svc. Reconnects - due to long Winter, water work commenced later than prior year $ 0.2

$ (0.3)

(0.2)$

All other, net 0.2$

Net Income:• May's net income of $1.0 million was favorable to budget by $.5 million, or 107.2%, and unfavorable to prior year by $.2 million, or 11.8%

Increased metered sales of water due to volumes that were up by 21.1% vs. budget

Decreased Distribution Maintenance expense-due primarily to timing of paving cut repair billings from the City (main breaks were up vs. 5yr average and vs. prior year)

May operating and other expenses of $8.5 million were favorable to prior year by $.1 million, or 1.6%, as follows:

Increased Purification Operating expense due primarily to flood repair expense (much of this will ultimately be recovered via our third-party insurance coverage)

Increased Purification Operating expense due primarily to flood repair expense (much of this will ultimately be recovered via our third-party insurance coverage)

Increased net Administrative & General expense due to reduced amounts charged to projects and increased Legal fees

Decreased Distribution Maintenance expense-due primarily to timing of paving cut repair billings from the City (main breaks were up vs. 5yr average and vs. prior year)

Decreased metered sales of water due to volumes that were down by 9.7% vs. prior year

Increased net Administrative & General expense due to reduced amounts charged to projects

4

Water OperationsYear-To-Date May 2019

$42.5

$42.8

$42.7

$42.0

$42.4

$42.8

$43.2


Net Operating Revenue(Net of Bad Debt)

(in mi llions)


9.48 9.34 9.77

‐

2.00

4.00

6.00

8.00

10.00

12.00

Thousands of Gallons Sold

Volumes ‐ Billions of Gallons Sold


$2.4 $3.0 $2.8

$37.9 $38.8 $37.0

$‐

$10.0

$20.0

$30.0

$40.0

$50.0


Operating Expenses & Other (Includes Nonoperating Revenues / Expenses)

(in mi llions)


$41.8 $39.8

$2.2

$1.0

$2.9

$‐

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

Net Income



$40.3

□

Millions Over(Under) Budget

(1.5)$

(1.1)$

Florence - All other (0.8)$

(0.2)$

Platte South - Wellfield Electrical Replacement-Design (0.1)$ Platte South - All other (0.1)$

(0.1)$

Platte West - Misc. projects (timing) (0.3)$

(0.2)$

Buildings, Land & Equipment, All Other 0.1$ Mains-Cast Iron (0.5)$ Mains - All other (1.9)$ Construction Machines (timing) (1.7)$ All other, net (0.4)$

(8.8)$

Platte West- Solids Contact Units Water/Air Line Replacement (timing)

Florence - Low Service Pump House - Architectural, Structural, Mechanical and Electrical Improvements - Design & ConstructionFlorence - Chemical feed building (AMSEI improvements & feed system improvement - timing)

Buildings, Land & Equipment-West Dodge Pump Station design

Platte South - Repair/replace plant cathodic protection system

5

Water Capital ExpendituresYear-To-Date May 2019

($ in millions)

• The Water Department's May year-to-date capital expenditures of $14.4 million are $8.8 million less than budget, as follows:

$3.2 $3.7 $2.7

$6.5 $8.4

$7.5

$3.9

$8.2

$3.2 $0.8

$2.9

$0.8

$‐

$5.0

$10.0

$15.0

$20.0

$25.0

Actual Budget Prior YearCast Iron Main - Abandon/Replace Other Mains & DistributionBuildings, Land, Equip Machines, Furniture, Other


$14.4

$23.2

$14.2

■

□

□

□

□

□ □ □ □ □ □ □ □ □ ■

□ □

• On May 31, 2019, the Water Department cash and restricted funds totaled $118.9 million; unrestricted cash totaled $79.3 million, as depicted below:

6

Cash Position – Water DepartmentMay 31, 2019

Water Department - Total Cash($ in millions)

12/31/2018 5/31/2019 Change

Cash Per Balance Sheet 123.6$ 118.9$ (4.7)$ Less Restricted Cash:

2018 Bond Project Fund (proceeds remaining) 32.0$ 26.1$ (5.9)$ Bond Sinking Fund - 2012, 2015 & 2018 bonds (To pay interest & principal payments) 1.7$ 10.3$ 8.6$ Bond Reserve Fund - Deposit in Lieu of Insurance (2012 bonds) 3.0$ 3.0$ -$

Platte West Environmental Fund 0.2$ 0.2$ -$ Subtotal Restricted Cash 36.9$ 39.6$ 2.7$ Unrestricted Cash 86.7$ 79.3$ (7.4)$ Components of Unrestricted Cash

Customer Deposits and Credit Balances 4.9$ 3.7$ (1.2)$ Sewer Fees Collected but not Remitted 13.7$ 14.6$ 0.9$ Customer Advances for Construction 19.2$ 21.4$ 2.2$ WIR Funds Collected but not Expended 31.7$ 34.1$ 2.4$ Cash Reserves 17.3$ 5.5$ (11.8)$

Days Cash on Hand (Unrestricted Cash) 417 380 (37)

Cash Required to meet 180 Day Goal 37.5$ 37.8$

Unrestricted Cash Balance Over (Short) of 180 Day Goal 49.2$ 41.5$

0 C)

Water - Unrestricted Cash ($ in millions)

c::::> $88.0 440 $86.7

$86.0 430

417 420 $84.0

410

< ) $82.0

400

$80.0 79.7 $79.3

390

$78.0 379 380 380

$76.0 370

$74.0 360 Dec-18 Mar-19 Apr-19 May-19

c::::::::J Cash -□ays Cash-On-Hand

7

Gas OperationsCurrent Month – May 2019

$6.7 $6.4

$5.3

$‐

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

$8.0


Net Operating Revenue (Net of Gas Costs & Bad Debt)

(in mi llions)

Actual Budget Prior YearActual Budget Prior YearActual Budget Prior Year

1.67

1.21 1.20

‐

1.00

2.00

Dth Sold

Volumes ‐ Dth Sold(in mi llions)


$(0.2) $(0.1) $(0.1)

$6.6 $6.3 $6.4

$(2.0)

$‐

$2.0

$4.0

$6.0

$8.0

Operating Expenses & Other (Includes Nonoperating Revenues / Expenses)

(in mi llions)


$0.3 $0.2

$(1.0)

$(1.0)

$(0.5)

$‐

$0.5



$6.4 $6.2 $6.3

□

8

Gas OperationsExecutive Summary

May 2019

Revenue:• May Gas sales net revenues of $6.7 million were favorable to budget by $.3 million, or 4.5%, as follows: Millions

0.3$

• May Gas sales net revenues of $6.7 million were favorable to prior year by $1.4 million, or 25.6%, as follows:

1.4$

Volumes:• Gas volumes were favorable to budget by 37.2% and favorable to prior year by 38.7%

Operating Expenses & Other:• May operating and other expenses of $6.4 million were $.2 million, or 3.1% unfavorable to budget, as follows:

(0.3)$

Increased earnings on invested cash balances 0.1$

• May operating and other expenses of $6.4 million were $.1 million, or 1.9% unfavorable to prior year, as follows:Increased Administrative & General expense due primarily to increased legal fees and public liability expense (0.2)$

0.1$

Net Income:• May's net income of $.3 million is $.1 million favorable to budget and $1.3 million favorable to prior year

Increased net revenues due to increased volumes (volumes up by 37.2% vs. budget)

Increased net revenues due to increased volumes (volumes up by 38.7% vs. prior year)

Increased Administrative & General expense due primarily to reduced amounts charged to projects (capital spending is $4.7 MM below budget) coupled with increased legal fees

Increased earnings on invested cash balances

9

Gas OperationsYear-To-Date May 2019

$53.6

$49.1

$53.6

$46.0

$48.0

$50.0

$52.0

$54.0


Net Operating Revenue(Net of Gas Costs & Bad Debt)

(in mi llions)


20.31

16.98

19.57

‐

5.00

10.00

15.00

20.00

25.00

Dth Sold

Volumes ‐ Dth Sold(in mi llions)


$32.0 $32.2 $32.0

$(0.3) $(0.4)

$(5.0)

$‐

$5.0

$10.0

$15.0

$20.0

$25.0

$30.0

$35.0


(in mi llions)


$21.6

$17.2

$22.0

$‐

$5.0

$10.0

$15.0

$20.0

$25.0

Net Income



$32.0 $31.9 $31.6

□

Millions Over(Under) Budget

8.3$

(6.6)$

(0.7)$

(0.4)$

(0.3)$

(0.3)$

0.4$

(0.3)$

(0.3)$

(0.2)$

(0.2)$

(0.1)$

(0.1)$

(1.8)$

(0.3)$

Motor Vehicles (timing) (1.4)$

Furniture, Equipment & All Other (0.6)$

All Other-Misc. 0.2$ (4.7)$

Information Technology - Engineering InfoMaster Asset Management Software (timing)

Information Technology - All other

Buildings, Land and Equipment - Write-off book value of Downtown Structures & Land due to sale

Buildings, Land and Equipment - Propane Air 117th St. - Logging, Casing Sleeve, Water Pump Replacement

Information Technology - Network Switch Replacement

Information Technology - Platte West SCADA Upgrade and Hardware Replacement

Buildings, Land and Equipment - Construction Center Roof Replacement

Buildings, Land and Equipment - All other

Information Technology - SuccessFactors Employee Central (Benefits/Workforce related)

Information Technology - Business Process Consolidation/Planning (timing)

Mains - Other Mains & Distribution

Main - Cast Iron Mains and Services (Abandon/Replace) (timing)

Buildings, Land & Equipment-Purchase of 7350 World Communications Drive, and associated fees & overheads

Buildings, Land and Equipment - Fence replacement and detection system at LNG (timing)

Buildings, Land and Equipment - Perimeter fence replacement at Operating center (timing)

10

Gas Capital ExpendituresYear-To-Date May 2019

($ in millions)

• The Gas Department's May year-to-date capital expenditures of $14.7 million are $4.7 million less than budget, as follows:

$5.2 $7.0

$5.5

$4.9

$5.2

$4.6 $0.1

$1.3

$0.4

$3.0

$2.6

$1.4

$1.5

$3.3

$1.6

$‐ $2.0 $4.0 $6.0 $8.0

$10.0 $12.0 $14.0 $16.0 $18.0 $20.0 $22.0

Vehicles, Equip, Other Buildings, Land, EquipInformation Technology Other Mains & DistributionCast Iron Mains & Services - Replace


$14.7

$19.4

$13.4

□ □ □ □ □ B □ □ □ □ □ ■

D

D

D

■

D ~

11

Cash Position – Gas DepartmentMay 31, 2019

• On May 31, 2019, the Gas Department cash and restricted funds totaled $134.6 million; unrestricted cash totaled $121.9 million, as depicted below.

Gas Department - Total Cash($ Millions)

12/31/2018 5/31/2019 Change

Cash per Balance Sheet 125.5$ 134.6$ 9.1$ Less Restricted Cash:

2018 Bond Project Funds (proceeds remaining) 16.5$ 11.6$ (4.9)$ Bond Sinking Fund-2018 (To pay interest & principal payments) 0.2$ 1.1$ 0.9$

Subtotal Restricted Cash 16.7$ 12.7$ (4.0)$ Unrestricted Cash 108.8$ 121.9$ 13.1$ Components of Unrestricted Cash

Customer Deposits and Credit Balances 17.1$ 13.8$ (3.3)$ Customer Advances for Construction 0.7$ 0.7$ 0.0$ Cash Reserves 91.0$ 107.4$ * 16.4$

Days Cash on Hand (Unrestricted Cash) 216 237 21

Cash Required to meet 180 Day Goal 90.8$ 92.4$

Unrestricted Cash Balance Over (Short) of 180 Day Goal 18.0$ 29.5$

*Note: Cash reserves were negatively impacted by $1.4 million due to the fact that cumulative amounts spent on gas infrastructure projects exceed the cumulative revenue collected.

C) 0

Gas - Unrestricted Cash ($ in millions)

c::> $125 .0 250 $121 .9

$120 .0 $117.3 237 240

$115 .0 c:::> 227 230

$110 .0

220

$105 .0

$100 .0 210

$95.0 200 Dec-18 Mar-19 Apr-19 May-19

c:::::::::::J Cash - Days Cash-On-Hand

12

Gas & Water CombinedCurrent Month – May 2019

$6.7 $6.4 $5.3

$9.5 $8.9 $9.8

$‐

$4.0

$8.0

$12.0

$16.0

$20.0



(in mi llions)

Gas WaterActual Budget Prior Year

$15.1$15.3$16.2

1.67

1.21 1.20

2.50

2.07

2.77

‐

0.50

1.00

1.50

2.00

2.50

3.00


Volumes(Gas: Dth Sold; Water: Bil l ions of Gallons Sold)


$6.4 $6.2 $6.3

$8.5 $8.4 $8.6

$‐

$5.0

$10.0

$15.0

$20.0



(in mi llions)


$14.9$14.6$14.9

$0.3 $0.2

$(1.0)

$1.0

$0.5 $1.2

$(1.0)

$(0.5)

$‐

$0.5

$1.0

$1.5



$0.2

$0.7

$1.3

• D • D

• D • D

13

Gas & Water CombinedYear-To-Date May 2019

$53.6 $49.1 $53.6

$42.5 $42.8 $42.7

$‐

$20.0

$40.0

$60.0

$80.0

$100.0

$120.0



(in mi llions)


$96.3$91.9$96.1 20.31

16.98 19.57

9.48 9.34 9.77

‐

5.00

10.00

15.00

20.00

25.00


Volumes(Gas: Dth Sold; Water: Bil l ions of Gallons Sold)


$32.0 $31.9 $31.6

$40.3 $41.8 $39.8

$‐

$20.0

$40.0

$60.0

$80.0


(in mi llions)


$71.4$73.7$72.3

$21.7 $17.2

$22.0

$2.2

$1.0

$2.9

$‐

$4.0

$8.0

$12.0

$16.0

$20.0

$24.0

$28.0




$24.9

$18.2

$23.8

■ □ ■ □

■ □ ■ □

14

PersonnelAs of May 31, 2019

(Water & Gas Combined)

• The active payroll for May was $6.0 million, compared with $6.0 million in budget and $5.8 million in prior year.

• At May 31st, there were 801 regular full-time employees, compared with 822 in budget and 808 at May 31, 2018.

• At May 31st, there were 6 regular part-time employees, compared with 7 in budget and 6 at May 31, 2018.

801

822

808

6

7

6

760

770

780

790

800

810

820

830

840

2019 Actual 2019 Budget 2018 ActualFull‐Time Part‐Time

2019 Actual 2019 Budget 2018 Actual

807

829

814

• • -• -• • • -■ □

15

Personnel TrendThrough May 2019


800

805 804 805

801

826 826 824

822 822 821 821 820 820 820 820 820

760

770

780

790

800

810

820

830

840

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Full‐Time Employees

2019 Actual 2019 Budget 2018 Actual- -

16

Overtime Hours TrendThrough May 2019


4,897

6,304

8,049

7,137 6,892

5,794

4,744 4,934 4,986

5,185

6,182

6,692

5,732 5,630 5,655 5,489

4,742

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2019 Actual 2019 Budget 2018 Actual- -

17

Overtime Hours Trend (continued)May 2019


Favorable(Unfavorable)

vs. BudgetPlant Engineering (1) (755.0) Construction (2) (321.5) Customer Accounting (3) (249.5) Water Distribution (4) (218.5) Gas Distribution (5) (139.5) All other, net (22.5)

(1,706.5)

(1)

(2)

(3)

(4)(5) Increased overtime due to gas leak surveying, main/regulator repair, new main installation and other miscellaneous work

‐ later start on recurring annual activities due to long Winter season

Increased overtime due to emergencies (main breaks), after hours shut‐off's and maintenance.

Increased overtime driven by Locating and Sr. Engineering Technicians associated with the "ramp up" of construction activities following a prolonged Winter seasonIncreased overtime due to various street widening projects/city sewer projects (72nd & Maple, Harrison St., Blondo St), as well as work in preparation for the Omaha Rapid Bus Transit (ORBT) serviceIncreased overtime due to the need to cover duties for 3 staff members out related to Family Medical Leave Act plus 3 staff members training on new software to manage customer e‐mails

Overtime hours for the month totaled 6,891.5 as compared with 5,185 in budget and 6,931 in prior year.Overtime hours were 1,706.5 greater than budget, as follows:

Revenues Water sales Infrastructure charge Other

Total revenues

Revenue Deductions Operating & Maintenance Other

Total expenses

Other Expense (Income)

Net Income (Loss)

Thousands of gallons sold

Number of customers

Plant Additions & Replacements

$

$

Actual

6,929,324 1,275,718

317,674 8,522,716

6,858,446

1,349,169 8,207,61 5

348,972

(33,871)

1,783,638

216,554

Current Month

$

$

Budget

6,849,276 1,224,466

300,524 8,374,266

6,342 ,181

1,437,872 7,780,053

591,299

2,914

1,794,680

216,713

$

$

Prior Year

6,710,540 1,196,436

280,408 8,187,385

6,838,094

1,335,810 8,173,904

541,775

(528,294)

1,821 ,172

214,619

$ 1,464,818 $ 4,579,076 $ 2,593,632

METROPOLITAN UTILITIES DISTRICT OF OMAHA WATER DEPARTMENT

FINANCIAL VARIANCE REPORT FOR THE MONTH AND THREE MONTHS ENDING MARCH 31, 2019 AND 2018

Current Month Variance Vs. Budget

% Over !Under)

1.17 % 4.19 % 5.71 % 1.77 %

8.14 %

(6.17)% 5.50 %

(40.98)%

(1262.36)%

(.62)%

(.07)%

$

$/# Over !Under)

80,048 51,252 17,150

148,450

516,265

(88,703) 427,562

(242,327)

(36,785)

(11,042)

(159)

Variance Vs. Prior Year

% Over !Under)

3.26 % $ 6.63 %

13.29 % 4.10%

.30%

1.00 % .41 %

(35.59)%

(93.59)% $

(2.06)%

.90%

$!# Over !Under)

218,784 79,282 37,265

335 ,331

20,352

13,359 33,712

(192,803)

494,423

(37,534)

1,935

March Year to Date

Actual Budget

$ 19,836,715 $ 20,613,227 $ 3,664,529 3,668,498

864,258 1,054,279 24,365,502 25,336,004

18,259,777 19,032,548

4,068,918 4,295,743 22,328,695 23,328,291

1,399,169 1,767,624

$ 637,638 $ 240,089 $

5,090,151 5,426,100

(68.01)% $ (3,114,258) (43.52)% $ (1,128,813) $ 6,352,119 $ 9,564,836 $

March Year to Date Variance Vs. Budget Variance Vs. Prior Year

% Over $/# Over % Over $!# Over Prior Year !Under) !Under) !Under) !Under)

19,871,618 (3.77)% $ (776,512) (.18)% $ (34,903) 3,629,172 (.11)% (3,969) .97 % 35,357 1,000,509 (18.02)% (190,021) (13.62)% (136,251)

24,501,299 (3.83)% (970,502) (.55)% (135,797)

17,877,069 (4.06)% (772,771) 2 .14 % 382 ,708 4,031 ,821 (5.28)% (226,825) .92% 37,097

21 ,908,890 (4.28)% (999,596) 1.92 % 419,805

1,712,632 (20 .84)% (368,455) (18 .30)% (313,463)

879,777 165.58 % 397,549 (27 .52)% $ (242,139)

5,230,503 (6.19)% (335,949) (2.68)% (140,352)

6,013,917 (33.59)% $ (3,212,717) 5 .62 % $ 338,202

METROPOLITAN UTILITIES DISTRICT OF OMAHA GAS DEPARTMENT

FINANCIAL VARIANCE REPORT FOR THE MONTH AND THREE MONTHS ENDING MARCH 31, 2019 AND 2018

Current Month March Year to Date

Current Month Variance Vs. Budget Variance Vs. Prior Year March Year to Date Variance Vs. Budget Variance Vs. Prior Year

% Over $!# Over % Over $/# Over % Over $/# Over % Over $/# Over Actual Budget Prior Year (Under) (Under) (Under) (Under) Actual Budget Prior Year (Under) (Under) (Under) (Under)

Revenues Gas Sales $ 25,920,803 $ 18,232,223 $ 21,927,267 42.17 % $ 7,688,580 18.21 % $ 3,993,537 $ 94,506,726 $ 74,931,533 $ 87,519,100 26.12 % $ 19,575,193 7.98 % $ 6,987,626 (Over)/under gas recovery 590,575 (789,084) 590,575 (174.84)% 1,379,659 1,422,762 2,173,125 1,422,762 (34.53)% (750,364) Infrastructure charge 1,133,943 1,092,577 1,078,187 3.79 % 41,366 5.17 % 55,756 3,270,862 3,276,186 3,265,610 (.16)% (5,324) .16 % 5,252 Other 397,852 437,686 405,702 (9.10)% (39,834) (1 .93)% (7,850) 1,178,860 1,253,163 1,219,177 (5.93)% (74,303) (3.31)% (40,317)

Total revenues, net 28,043,173 19,762,486 22,622,072 41.90 % 8,280,687 23.96 % 5,421,101 100,379,210 79,460,882 94,177,014 26.33 % 20,918,328 6.59% 6,202,197 Less: Natural gas purchased for resale 17,012,854 10,753,813 12,793,331 58.20 % 6,259,041 32.98 % 4,219,523 61,844,892 45,471,141 56,804,786 36.01 % 16,373,751 8.87% 5,040,106 Gas purchase discount earned (272,473) (272,472) (273,500) (1) (.38)% 1,027 (1 ,034,959) (1,034,956) (1,039,500) (3) (.44)% 4,541

Operating revenues, net of gas cost 11,302,792 9,281,145 10,102,241 21.78 % 2,021,647 11.88% 1,200,551 39,569,277 35,024,697 38,411,727 12.98 % 4,544,580 3 .01 % 1,157,550

Revenue Deductions Operating & Maintenance 4,814,194 4,693,745 5,102,915 2.57% 120,449 (5.66)% (288,721) 13,073,154 14,204,298 13,704,637 (7.96)% (1,131,144) (4.61)% (631,483) Other 1,965,193 1,723,145 1,787,700 14.05 % 242,048 9.93% 177,493 5,914,188 5,458,358 5,500,723 8.35 % 455,830 7 .52% 413,465

Total operating expenses 6,779,387 6,416,890 6,890,615 5.65% 362,497 (1.61)% (111,228) 18,987,342 19,662,656 19,205,360 (3.43)% (675,314) (1 .14)% (218,018)

Other expense (income) (129,091) (65,931) (96,073) (95.80)% (63,160) (34.37)% (33,019) (408,475) (182,206) (193,053) (124.18)% (226,269) 111 .59 % (215,421)

Net Income (Loss) $ 4,652,496 $ 2,930,186 $ 3,307,699 58.78 % 1,722,310 40.66 % 1,344,798 $ 20,990,409 $ 15,544,247 $ 19,399,420 35.04 % 5,446,162 8.20% 1,590,989

Total Sales Adjusted for Unbilled Sales 4,635,169 3,305,020 3,817,700 40.25 % 1,330,149 21.41 % 817,469 16,599,707 13,766,240 15,285,139 20.58 % 2,833,467 8.60% 1,314,568

Heating degree days 891 787 756 13.21 % 104 17.86 % 135 3,413 3,025 3,184 12.83 % 388 7.19% 229

Number of customers 231,481 231,742 229,803 -0.11% (261) .73% 1,678

Plant Additions & Replacements $ 2,169,961 $ 3,801,365 $ 2,581,462 (42.92)% (1 ,631,404) (15.94)% (411,501) $ 6,196,055 $ 10,226,722 $ 6,366,383 (39.41)% (4,030,667) (2.68)% (170,328)

Actual Actual Actual Actual Budget Budget Budget Budget Budget Budget Budget Budget Budget Projection Projected LTD2008 - 2018 January February March April May June July August September October November December YTD ACT/EST Through 2019

GASGas Infrastructure Revenue $137,989,157 1,095,414 $1,041,506 $1,133,943 $1,093,292 $1,094,007 $1,094,722 $1,095,437 $1,096,152 $1,096,867 $1,097,582 $1,098,297 $1,099,573 $13,136,791 $151,125,949GIR Bad Debt ($157,208) - - - - - - - - - - - - $0 ($157,208)Gas Dept Bond Offering-Project Fund 14,780,663$ 14,608,568$ 12,889,370$ 12,422,597$ 10,701,759$ 9,200,192$ 7,814,375$ 5,849,058$ 4,258,241$ 2,363,924$ 198,180$ -$ Investment Earnings on Project Fund $178,619 48,018$ 30,679$ 35,674$ $114,371 $292,990

Expenditures GCI Mains per G-21 $75,458,140 543 $1,064,112 $338,203 $997,521 $778,250 $662,500 $1,242,000 $867,500 $1,171,000 $1,442,427 $1,257,289 $1,152,623 $10,973,967 $86,432,107 Abandonments - approximate* 8,409,662 15,842 5,599 16,901 $38,341 $8,448,003 GIR services per G-21 $61,357,382 219,570 $685,765 $164,244 $723,317 $723,317 $723,317 $723,317 $723,317 $723,317 $723,317 $723,317 $723,313 $7,579,429 $68,936,811 GIR service reconnections per G-2 $12,636,894 100,318 $92,869 $96,455 $288,238 $295,629 $305,315 $329,676 $350,426 $317,987 $336,314 $244,321 $112,109 $2,869,656 $15,506,550 Regulator Stations per G-21 $630,082 - - - - - - - - - - - - $0 $630,082TOTAL EXPENDITURES $158,492,160 336,272 1,848,344 615,803 2,009,076 1,797,196 1,691,132 2,294,993 1,941,243 2,212,304 2,502,058 2,224,927 1,988,045 $21,461,393 $179,953,553NET CURRENT YEAR (20,660,210) 759,142 (806,839) 518,140 (915,784) (703,189) (596,410) (1,199,556) (845,091) (1,115,437) (1,404,476) (1,126,630) (888,472) (8,324,602) (28,984,812)

LIFE-TO-DATE ACTUAL/PROJECTED - Pre Bond (Impact on Operating Cash) (20,660,210) (19,901,068) (20,707,907) (20,189,767) (21,105,551) (21,808,740) (22,405,150) (23,604,706) (24,449,797) (25,565,234) (26,969,710) (28,096,340) (28,984,812)

GIR Capital Expenditures Funded by BondGCI Mains per G-21 $8,568,496 1,413,035 543 1,064,112 338,203 997,521 778,250 662,500 1,242,000 867,500 1,171,000 1,442,427 198,180 10,175,270 18,743,765GIR Services per G-21 $7,613,300 403,126 219,570 685,765 164,244 723,317 723,317 723,317 723,317 723,317 723,317 723,317 - 6,535,925 14,149,225Total Funded By Bond 16,181,795 1,816,161 220,113 1,749,877 502,447 1,720,838 1,501,567 1,385,817 1,965,317 1,590,817 1,894,317 2,165,744 198,180 16,711,195 32,892,990

Transfer to Sinking Fund for Bond Interest & Principal Payments $699,600 187,152 187,178 187,202 561,532 1,261,131

LIFE-TO-DATE ACTUAL/PROJECTED - Post Bond (Impact on Operating Cash) (5,178,015) (2,789,863) (3,563,767) (1,482,952) (1,896,289) (878,640) 26,517 212,778 1,333,004 1,808,384 2,298,225 3,337,339 2,647,047 2,647,047

Cast Iron Mains Abandoned-Qtr (Miles)Cast Iron Mains Abandoned-YTD (Miles) 38.09Cast Iron Miles of Main Remaining 279.88

*1 Note: There is a one-month lag in reimbursing "operating cash" from

WATERWater Infrastructure Revenue $136,280,623 1,227,757 1,161,054 1,275,718 1,228,710 1,232,866 1,235,724 1,237,200 1,238,566 1,237,886 1,235,974 1,233,160 1,233,386 $14,778,001 $151,058,624WIR Bad Debt ($70,700) - - - - - - - - - - - - $0 ($70,700)

Expenditures WCI Mains per W-2 $87,004,861 568,151 380,120 563,520 996,000 846,000 1,248,500 1,764,500 1,328,500 1,212,000 1,302,500 893,500 525,000 $11,628,291 $98,633,152 Abandonments - approximate* $2,830,375 631 2,582 25,798 $29,010 $2,859,384 Service Reconnections W-2 ** $14,667,820 73,572 93,099 15,578 138,301 138,301 138,301 138,301 138,301 138,302 138,302 138,302 138,300 $1,426,960 $16,094,779TOTAL EXPENDITURES $104,503,056 642,354 475,801 604,895 1,134,301 984,301 1,386,801 1,902,801 1,466,801 1,350,302 1,440,802 1,031,802 663,300 $13,084,260 $117,587,316NET CURRENT YEAR 31,706,867 585,403 685,254 670,823 94,409 248,565 (151,077) (665,601) (228,235) (112,416) (204,828) 201,358 570,086 1,693,741 33,400,608

LIFE-TO-DATE ACTUAL/PROJECTED (Impact on Operating Cash) 31,706,867 32,292,270 32,977,524 33,648,347 33,742,756 33,991,321 33,840,244 33,174,643 32,946,408 32,833,992 32,629,164 32,830,522 33,400,608

Cast Iron Mains Abandoned-Qtr (Miles)Cast Iron Mains Abandoned-YTD (Miles) 8.09Cast Iron Miles of Main Remaining 1,190.30

*Abandonment budget figures are included in the CI Main budget figures

2019 - GAS & WATER INFRASTRUCTURE REPLACEMENT - REVENUE & EXPENSE SUMMARY

C:\Users\e8125357\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\MK0WYWZE\GIR WIR report 2019 2019 5/3/20197:21 AM

METROPOLITAN UTILITIES DISTRICT A-12a PAYROLL BY DEPARTMENTS AND DIVISIONS MARCH 2019

FOR THE MONTH AND THREE MONTHS ENDING MARCH 31, 2019 AND 2018

Month of March Three Months Ending March 2019 2019 2018 2019 2019 2018

Actual Budget Actual Actual Budget Actual President's Office $ 156,590 $ 126,757 $ 122,685 $ 402,778 $ 368,545 $ 386,441

Top level reductions 0 (53,108) 0 0 (159,322) 0 156,590 73,649 122,685 402 ,778 209,223 386,441

Human Resources - Vice President - Savine 77,753 78,208 81,318 224,979 228,997 233,018 Law 59,667 58,850 64,789 172,813 170,534 191,358

Senior Vice President - Mendenhall 137,420 137,058 146,107 397,792 399,531 424,376

Safety and Security 62,635 75,577 64,339 184,591 218,451 216,367

Field Service Administration 185,216 179,487 84,036 523,326 548,169 276,816 Field Services 622,821 615,185 602,126 1,878,679 1,887,039 1,826,726

Vice President - Buglewicz 808,037 794,672 686,162 2,402,005 2,435,208 2,103,542

Senior Vice President - Ausdemore 870,672 870,249 750,501 2,586,596 2,653,659 2,319,909

Information Technology 424,551 448,656 450,041 1,236,462 1,313,319 1,310,100 Maintenance 258,839 241 ,966 247,488 760,848 746,588 747,453 Transportation 105,065 120,183 128,834 315,922 362,338 368,193 Transportation Office 60,658 59,821 70,056 178,603 179,162 204,035

Senior Vice President - Stanley 849,112 870,626 896,419 2,491,834 2,601,407 2,629,781

Marketing 82,473 71 ,895 72,596 217,470 213,960 223,055 Rates.Regulatory Affairs & Revenues 18,861 30,768 29,630 78,121 88,724 85,356

Vice President - DeBoer 101,334 102,663 102,226 295,591 302,684 308,411

Customer Service Administration 83,487 95,210 147,520 254,749 278,102 432,161 Meter Reading 176,260 170,074 166,996 458,653 516,002 493,683 Customer Service 164,187 187,753 186,657 504,603 569,952 536,984 Customer Accounting 147,573 129,488 131 ,605 435,989 392,079 408,639 Remittance 42,684 46,911 44,514 128,537 141 ,901 138,216 Credit Services 59,868 62,516 63,422 181 337 189,428 189,137

Vice President - Mueller 674,058 691,952 740,714 1,963,867 2,087,464 2,198 ,820

Accounting - Vice President - Schaffart 108,088 119,277 108,476 345,297 353,154 317,265

Purchasing 35,848 43,463 40,180 103,131 122,252 111 ,775 Stores 67,994 76,452 77,739 208,111 244,432 225,955 Measurement 74,587 91,666 91,032 228,496 277,678 271 ,849

Senior Vice President - Schaff art 1,061,909 1,125,473 1,160,367 3, 144,493 3,387,664 3,434,075

Gas Operations 34,177 43,969 33,084 99,933 129,205 97,118 Gas Production 152,948 138,292 153,256 415,514 475,537 532,272 Gas Systems Control 46,404 44,314 43,344 135,893 134,222 132,575 Gas Distribution 87,741 90,997 86,245 235,198 264,285 249,997

Vice President - Knight 321,270 317,572 315,929 886 ,537 1,003,249 1,011,962

Water Operations 23,726 23,204 18,498 66,753 67,216 58,974 Water Pumping - Florence 204,661 212,383 206,166 633,435 650,612 632,335 Water Distribution 202,708 192,841 205,042 588,693 583,351 589,931 Platte South 82,725 81,251 84,215 242 ,262 251,740 253 ,350 Platte West 108,192 102,273 100,357 320,040 319,499 297,684 Water Quality 50,867 63,979 52,808 155,232 189,949 165,499

Vice President - Shields 672,879 675,931 667,086 2,006,415 2,062,367 1,997,773

Engineering & Construction 59,507 56,053 56,304 169,871 163,989 165,394 Plant Engineering 278,145 291,252 260,686 786,586 829,824 718,697 Engineering Design 233,885 252,618 267,111 712 ,528 753,952 764,913 Construction 926,356 877,076 888,321 2,714,297 2,659,616 2,674,665

Vice President - O'Brien 1,497,894 1,476,999 1,472,422 4 ,383,281 4,407,381 4,323,669

Senior Vice President - De Boer 2,492,043 2,470,502 2,455,437 7,276,233 7,472,997 7,333,404

Total Payroll $ 5,567,747 $ 5,547,557 $ 5,531,516 $ 16,299,726 $ 16,724,481 $ 16,527,986 A-12a

METROPOLITAN UTILITIES DISTRICT A-12b EMPLOYEES BY DEPARTMENTS AND DIVISIONS MARCH 2019


Current Year Actual Current Year Budget Prior Year Actual Full Part Summer/ Full Part Summer/ Full Part Summer/

Time Time Temp. Time Time Temp. Time Time Temp. President's Office 11 9 8

Top level reductions ____ill)_ 11 _fil 8

Human Resources - Vice President - Savine 11 11 11 Law 7 7 8

Senior Vice President - Mendenhall 18 1 18 1 19 Safety and Security 8 10 8 Field Service Administration 25 3 27 2 11 Field Services 89 93 _____filL

Vice President - Buglewicz 114 3 120 2 _____Q§!_ Senior Vice President - Ausdemore 122 3 130 2 107

Information Technology 49 51 50 Maintenance 34 36 36 Transportation 19 22 19 Transportation Office 9 9 10

Senior Vice President - Stanley 111 1 118 1 1 115 1 1 Marketing 13 12 13 Rates,Regulatory Affairs & Revenues 2 3 3

Vice President - DeBoer 15 15 16 Customer Service Administration 10 1 11 2 21 Meter Reading 25 5 28 7 30 Customer Service 38 40 40 Customer Accounting 27 25 27 Remittance 9 10 10 Credit Services 13 13 13

Vice President - Mueller 122 1 6 127 1 9 141 3 Accounting - Vice President - Schaffart 15 16 15 Purchasing 5 6 5 Stores 11 13 13 Measurement 14 16 14

Senior Vice President - Schaff art 182 1 6 193 1 9 204 3 Gas Operations 3 4 4 Gas Production 16 17 18 Gas Systems Control 6 6 6 Gas Distribution 12 12 12

Vice President - Knight 37 1 39 1 40 1 Water Operations 2 2 2 Water Pumping - Florence 29 32 32 Water Distribution 31 32 32 Platte South 12 12 12 Platte West 15 15 15 Water Quality 8 9 8

Vice President - Shields 97 2 102 2 101 2 Engineering & Construction 5 5 5 Plant Engineering 41 41 36 Engineering Design 36 2 39 39 Construction 144 141 133

Vice President - O'Brien 226 2 226 213 Senior Vice President - De Boer 360 3 2 367 3 354 3

Total Employees 804 7 10 824 7 11 807 7 1 A-12b

METROPOLITAN UTILITIES DISTRICT SPA EMPLOYEES BY DEPARTMENTS AND DIVISIONS


President's Office Top level reductions

Human Resources - Vice President - Savine Law

Senior Vice President - Mendenhall

Safety and Security

Field Service Administration Field Services

Vice President - Buglewicz

Senior Vice President - Ausdemore

Information Technology Maintenance Transportation Transportation Office

Senior Vice President - Stanley

Marketing Rates.Regulatory Affairs & Revenues

Vice President - DeBoer

Customer Service Administration Meter Reading Customer Service Customer Accounting Remittance Credit Services

Vice President - Mueller

Accounting - Vice President - Schaffart

Purchasing Stores Measurement

Senior Vice President - Schaffart

Gas Operations Gas Production Gas Systems Control Gas Distribution

Vice President - Knight

Water Operations Water Pumping - Florence Water Distribution Platte South Platte West Water Quality

Vice President - Shields

Engineering & Construction Plant Engineering Engineering Design Construction

Vice President - O'Brien

Senior Vice President - DeBoer

Total Employees

Current Year Actual Full Part Summer/

Time Time Temp. 11

11 8 7

15 8 7

7

15 49 4

3 56 6 2 8

10 2 4 3 1 1

21 9 4 2 1

45 3 3 6 1

13 2 8 3 2 2 7

24 5

26 16 8

55 92

234

Current Year Budget Full Part Summer/

Time Time Temp. 9

_Q)_ 6

8 7

15 10

9

9

19 51

5

3 59

5 3 8

11 2 4 2 1 1

21 10

5 2 1

47

4 3 6 1

14 2 8 3 2 2 7

24 5

26 18

8 _§!__

~ 241

A-12b MARCH 2019

Prior Year Actual Full Part Summer/

Time Time Temp. 8

8 9 6

15 8 6

__ 6_

14 50 5

__ 3_ _Q!L

5 3 8 8 2 4 2 1 1

18 9 4 2 1

42 4 3 6 1

14 2 8 3 2 2 6

23 5

24 19 7

55 92

229 A-12b

METROPOLITAN UTILITIES DISTRICT A-12b OAC EMPLOYEES BY DEPARTMENTS AND DIVISIONS MARCH 2019


Current Year Actual Current Year Budget Prior Year Actual Full Part Summer/ Full Part Summer/ Full Part Summer/

Time Time Temp. Time Time Temp. Time Time Temp. President's Office

Top level reductions ____Jfil_ ____Jfil_

Human Resources • Vice President• Savine 3 3 2 Law 2

Senior Vice President - Mendenhall 3 1 3 1 4 Safety and Security

Field Service Administration 18 3 18 2 5 Field Services 89 93 88

Vice President - Buglewicz 107 3 111 2 93 Senior Vice President • Ausdemore 107 3 111 2 93

Information Technology Maintenance 30 31 31 Transportation 19 22 19 Transportation Office 6 6 7

Senior Vice President - Stanley 55 1 ~ 1 1 ___§]_ __ 1_ 1 Marketing 7 7 8 Rates.Regulatory Affairs & Revenues

Vice President - DeBoer 7 7 8 Customer Service Administration 1 2 13 Meter Reading 23 5 26 7 28 Customer Service 34 36 36 Customer Accounting 24 23 25 Remittance 8 9 9 Credit Services 12 12 __ 1_2_

Vice President - Mueller 101 1 6 106 1 9 ______m_ 3 Accounting - Vice President - Schaffart 6 6 6 Purchasing 1 1 1 Stores 9 11 11 Measurement 13 15 13

Senior Vice President - Schaffart ______1lZ_ 1 6 146 1 9 ~ 3 Gas Operations Gas Production 13 14 15 Gas Systems Control Gas Distribution 11 11 11

Vice President - Knight 24 1 25 1 -----1§_ 1 Water Operations Water Pumping - Florence 21 24 24 Water Distribution 28 29 29 Platte South 10 10 10 Platte West 13 13 13 Water Quality 1 2 2

Vice President - Shields 73 2 78 2 -----1!L 2 Engineering & Construction Plant Engineering 15 15 12 Engineering Design 20 2 21 20 Construction 136 133 126

Vice President - O'Brien 171 2 169 158 Senior Vice President - DeBoer 268 3 2 272 3 262 3

Total Employees 570 7 10 583 7 11 578 7 1 A-12b

METROPOLITAN UTILITIES DISTRICT A-12c OVERTIME HOURS BY DEPARTMENTS AND DIVISIONS MARCH 2019



Actual Budget Actual Actual Budget Actual President's Office 0.0 0.0 0.0 0.0 0.0 0.0

Human Resources - Vice President - Savine 8.5 3.0 1.0 22.0 17.0 59.0 Law 9.5 12.0 10.5 20.5 36.0 44.0

Senior Vice President - Mendenhall 18.0 15.0 11 .5 42.5 53.0 103.0

Safety and Security 10.5 30.0 11 .0 55.0 90.0 33.5

Field Service Administration 298.5 235.0 150.0 733.5 705.0 512.0 Field Services 1 496.5 900.0 802.5 4 036.5 3,000.0 3,115.5

Vice President - Buglewicz 1 795.0 1 135.0 952.5 4 770.0 3,705.0 3,627.5

Senior Vice President - Ausdemore 1,805.5 1,165.0 963.5 4,825.0 3,795.0 3 661 .0

Information Technology 7.5 10.0 11.0 11 .0 30.0 22.0 Maintenance 226.5 120.0 51 .5 600.0 610.0 326.0 Transportation 25.0 45.0 166.0 84.5 85.0 246.0 Transportation Office 64.0 85.0 140.0 154.0 255.0 428.5

Senior Vice President - Stanley 323.0 260.0 368.5 849.5 980.0 1,022 .5

Marketing 0.0 1.0 0.0 1.5 3.0 0.0 Rates,Regulatory Affairs & Revenues 0.0 0.0 0.0 0.0 0.0 0.0

Vice President - DeBoer 0.0 1.0 0.0 1.5 3.0 0.0

Customer Service Administration 0.0 0.0 59.5 0.0 0.0 256.5 Meter Reading 143.5 75.0 157.5 190.0 225.0 170.0 Customer Service 41 .0 40.0 26.0 142.0 120.0 224.5 Customer Accounting 180.5 0.0 0.5 192.0 0.0 2.0 Remittance 0.0 8.0 8.0 2.5 17.0 17.0 Credit Services 24.5 10.0 3.5 48.5 26.0 31 .0

Vice President - Mueller 389.5 133.0 255.0 575.0 388.0 701 .0

Accounting - Vice President - Schaffart 0.0 0.0 0.0 0.0 0.0 0.0

Purchasing 0.0 0.0 0.0 0.0 0.0 0.0 Stores 34.1 10.0 1.5 125.6 30.0 111 .5 Measurement 0.0 3.0 0.0 2.0 9.0 7.5

Senior Vice President - Schaffart 423.6 147.0 256.5 704.1 430.0 820.0

Gas Operations 0.0 0.0 0.0 0.0 0.0 0.0 Gas Production 442 .0 175.0 326.0 857.0 1,375.0 2,013.8 Gas Systems Control 0.5 12.0 0.0 5.5 24.0 3.5 Gas Distribution 272.5 150.0 143.5 394.5 255.0 199.5

Vice President - Knight 715.0 337.0 469.5 1,257.0 1 654.0 2,216.8

Water Operations 0.0 0.0 0.0 0.0 0.0 0.0 Water Pumping - Florence 280.5 150.0 144.0 993.5 530.0 487.0 Water Distribution 718.0 335.0 549.0 1,572.0 1,005.0 1,184.5 Platte South 69.0 30.0 4.5 141.5 90.0 48.5 Platte West 88.5 25.0 40.0 145.0 130.0 185.0 Water Quality 16.5 10.0 9.0 43.0 30.0 18.5

Vice President - Shields 1 172.5 550.0 746.5 2,895.0 1 785.0 1,923.5

Engineering & Construction 0.0 0.0 0.0 0.0 0.0 0.0 Plant Engineering 143.0 400.0 431 .5 219.0 550.0 474.5 Engineering Design 43.0 60.0 263.5 112.5 225.0 459.0 Construction 3 405.5 2,000.0 2,835.5 8 345.0 6,000.0 7,639.0

Vice President - O'Brien 3 591 .5 2 460.0 3,530.5 8 676.5 6,775.0 8,572.5

Senior Vice President - DeBoer 5 479.0 3 347.0 4 746.5 12,828.5 10,214.0 12,712.8 Total Overtime Hours 8,049.1 4,934.0 6,346.5 19,249.6 15,472.0 18,319.3 A-12c

METROPOLITAN UTILITIES DISTRICT A-12d OVERTIME DOLLARS BY DEPARTMENTS AND DIVISIONS MARCH 2019



Actual Budget Actual Actual Budget Actual President's Office $ $ $ $ $ $ Human Resources - Vice President - Savine 314 138 53 1,115 782 2,581 Law 492 732 650 1 530 2 196 2 681

Senior Vice President - Mendenhall 806 870 702 2 645 2 978 5,262

Safety and Security 571 1,770 650 2,142 5,310 1,916

Field Service Administration 17,865 13,865 10,058 43,710 41,595 34,345 Field Services 84,774 51 ,300 45 341 227 158 171 000 180,692

Vice President - Buglewicz 102 640 65165 55 399 270 868 212,595 215 037

Senior Vice President - Ausdemore 103,211 66,935 56 049 273 010 217,905 216 953

Information Technology 516 620 694 667 1,860 1,362 Maintenance 13,417 6,720 2,946 32,401 34,160 17,555 Transportation 1,405 2,610 9,882 5,500 4,930 14,417 Transportation Office 4 069 4 590 7 539 10 372 13 770 22 681

Senior Vice President - Stanley 19 407 14 540 21 062 48 940 54 720 56 015

Marketing 43 129 Rates.Regulatory Affairs & Revenues

Vice President - DeBoer 43 129

Customer Service Administration 2,873 949 12,671 Meter Reading 6,377 3,300 6,917 9,197 9,900 7,459 Customer Service 1,578 1,600 1,043 3,869 4,800 8,670 Customer Accounting 8,066 22 8,066 93 Remittance 304 299 223 646 633 Credit Services 1 042 420 150 1,994 1 092 1 309

Vice President - Mueller 17 063 5 624 11 304 24,297 16 438 30 836

Accounting - Vice President - Schaffart

Purchasing Stores 1,751 500 79 6,750 1,500 5,646 Measurement 141 103 423 315

Senior Vice President - Schaffart 18 814 6 308 11 383 31 149 18 490 36 797

Gas Operations Gas Production 28,125 11,375 20,649 54,032 89,375 127,372 Gas Systems Control 33 804 477 1,608 217 Gas Distribution 15 302 8,850 7,862 20 079 15 045 11 318

Vice President - Knight 43 460 21 ,029 28,511 74 588 106,028 138 907

Water Operations Water Pumping - Florence 17,414 8,700 8,753 57,069 30,740 28,309 Water Distribution 33,940 16,080 26,242 74,673 48,240 56,731 Platte South 3,898 1,560 222 6,329 4,680 2,445 Platte West 4,785 1,400 2,201 7,657 7,280 10,744 Water Quality 857 490 502 2 255 1 470 1 005

Vice President - Shields 60 894 28 230 37 921 147 983 92,410 99 235

Engineering & Construction Plant Engineering 7,735 21 ,600 22,492 12,732 29,700 24,813 Engineering Design 2,094 2,760 11 ,585 7,794 10,350 20,044 Construction 177 036 104 000 141 123 437 454 312,000 389 590

Vice President - O'Brien 186 864 128 360 175 200 457 980 352,050 434 446

Senior Vice President - De Boer 291 219 177 619 241 632 680 551 550 488 672 587

Total Overtime Dollars 433,457 266,272 330,829 1,036,295 844,581 987,615 A-12d

METROPOLITAN UTILITIES DISTRICT OF OMAHA W-1 WATER DEPARTMENT MARCH 2019

BALANCE SHEETS Page 1 AS OF MARCH 31, 2019 AND FEBRUARY 28, 2019

March 31 February 28 January 1 Increase {Decrease) ASSETS 2019 2019 2019 One Month Three Months

UTILITY PLANT - At Cost Plant in service $ 1,133,673,926 $ 1,132,933,010 $ 1,131,651,797 $ 740,916 $ 2,022,129 Less -Accumulated depreciation 293,824,730 292,222,632 288,801,342 1,602,098 5,023,388

Net utility plant in service 839,849,196 840,710,379 842,850,455 (861,182) (3,001,259)

Construction in progress 44,581,886 44,099,330 40,900,853 482,556 3,681,034 Construction materials - at average cost 1,879,842 1,904,090 1,819,154 (24,248) 60,688

Net utility plant 886,310,925 886,713,799 885,570,462 (402,874) 740,463

NONCURRENT ASSETS 2012 Bond Reserve Fund - Restricted 2,978,923 2,974,754 2,966,836 4,169 12,087 2015 Bond Project Fund 0 (0) 2018 Bond Project Fund 27,820,796 28,665,306 32,026,768 (844,509) (4,205,972) Construction/Environmental fund 172,168 172,141 172,091 26 76 Other non-current assets 475,356 518,013 461,886 (42,657) 13,470

Total noncurrent assets 31,447,243 32,330,214 35,627,581 (882,971) (4,180,339)

CURRENT ASSETS

Cash in treasurer's accounts 79,340,492 81,518,531 86,713,970 (2,178,039) (7,373,477) Bond sinking fund - restricted 6,848,538 5,141,633 1,731,917 1,706,905 5,116,621 Bond closing fund 6,004 (6,004) Working funds 8,650 8,650 8,650 U.S. Government securities

Bond 2012 Project Fund Accounts receivable 1,615,411 1,224,385 1,575,749 391,025 39,662 Accounts receivable - utility service 23,821,069 22,804,499 24,044,547 1,016,569 (223,479) Allowance for uncollectible accounts (2,116,492) (2,092,942) (2,455,871) (23,550) 339,378 Interdepartmental Receivable from Gas Department (0) 580,973 (0) (580,973) 0 Loan receivable from Gas Department

Interest receivable Accrued unbilled revenues 3,545,810 3,523,947 3,371,865 21,862 173,945 Fire protection taxes Materials and supplies - at average cost 2,981,761 2,741,435 2,734,295 240,326 247,466 Prepayments 42,855 64,944 107,194 (22,089) (64,339)

Total current assets 116,088,093 115,516,056 117,838,321 572,037 (1,750,227)

DEFERRED OUTFLOWS

Pension 22,454,029 22,454,029 22,454,029 OPEB 1,074,293 1,074,293 1,074,293 Debt refund 3,631,239 3,673,023 3,756,589 (41,783) (125,350)

Total deferred outflows 27,159,561 27,201,345 27,284,911 (41,783) (125,350)

Total Assets $ 1,061 ,005,823 $ 1,061,761,414 $ 1,066,321,276 $ (755,591) $ (5,315,453) W-1


BALANCE SHEETS Page 2 AS OF MARCH 31, 2019 AND FEBRUARY 28, 2019

March 31 February 28 January 1 Increase (Decrease) LIABILITIES AND NET WORTH 2019 2019 2019 One Month Three Months NONCURRENT LIABILITIES Long Term Debt: Water Revenue Bonds Net of DiscounUPremium 236,164,493 236,289,678 236,538,982 (125,184) (374,489) NDEQ Loan - Bennington NDEQ Loan - Contact Basin 3,610,596 3,610,596 3,610,596 Loan from Gas

Total long term debt 239,775,089 239,900,274 240,149,578 (125,184) (374,489)

Net pension liability 38,597,012 38,597,012 38,597,012 Other Post Employment Benefits 56,772,566 56,772,566 56,772,566

Total Long Term Liabilities 335,144,667 335,269,851 335,519,155 (125,184) (374,489)

CURRENT LIABILITIES Current maturities of revenue bonds 11,375,000 11,375,000 11,375,000 Current maturities of NDEQ Loans 276,692 276,692 276,692 Current Maturities of Loan from Gas Department Accounts payable 4,507,614 6,596,441 8,437,698 (2 ,088,828) (3,930,084) Interdepartmental Payable to Gas Department 77,430 3,229,529 77,430 (3,152,098) Water service deposits Customer deposits-Pioneer Approach Mains 2,720,227 3,479,351 4,020,149 (759,124) (1,299,922) Customer Credit Balances 906,127 907,165 843,272 (1,038) 62,855 Statutory payments to municipalities 324,794 210,043 515,000 114,751 (190,206) Sewer fee collection due municipalities 24,217,657 22,935,908 23,047,515 1,281,749 1,170,143 Interest accrued on water revenue bonds 3,016,889 2,262,667 754,222 754,222 2,262,667 Accrued vacation payable 4,042,068 4,042,068 4,042,068

Total current liabilities 51,464,499 52,085,336 56,541 ,145 (620,837) (5,076,646)

CUSTOMER ADVANCES FOR CONSTRUCTION 18,788,917 19,117,791 19,229,425 (328,874) (440,507)

SELF - INSURED RISKS 1,870,415 1,794,743 1,643,398 75,672 227,017

OTHER DEFERRED LIABILITIES

DEFERRED INFLOWS OF RESOURCES Deferred inflows - pension 10,602,267 10,602,267 10,602,267 Deferred inflows - OPEB 24,557,542 24,557,542 24,557,542 Contributions in aid of construction 304,920,256 304,642,753 305,208,722 277,503 (288,466)

340,080,064 339,802,561 340,368,530 277,503 (288,466)

NET POSITION -ACCUMULATED REINVESTED EARNINGS 313,657,260 313,691,131 313,019,622 (33,871) 637,638

Total Liabilities, Deferred Inflows of Resources, and Net Position 1,061,005,823 1,061,761,414 1,066,321,276 (755,591) (5,315,453)

W-1


INCOME AND SOURCE AND DISPOSITION OF FUNDS STATEMENTS FOR THE MONTH AND THREE MONTHS ENDING MARCH 31, 2019 AND 2018

March Three Months March 2019 2018 Three Months 2019 2018

Actual Budget Actual Actual Budget Actual

OPERATING REVENUES Metered sales of water $ 6,929,324 $ 6,849,276 $ 6,710,540 $ 19,836,715 $ 20,613,227 $ 19,871,618 Infrastructure charge 1,275,718 1,224,466 1,196,436 3,664,529 3,668,498 3,629,172 Other operating revenues 340 430 312 000 311 887 923 073 1089000 1 021181

Total operating revenues 8,545,472 8,385,742 8,218,863 24,424,317 25,370,725 24,521 ,971 Less: Bad debt expense {22,756) {11 ,476) {31,479) (58,815) (34,721) {20,672)

Total operating revenues, net 8,522,716 8 374 266 8187 385 24,365,502 25,336,004 24,501,299 OPERATING EXPENSES

Operating expense 4,582,422 4,276,458 4,609,067 12,592,185 12,859,084 12,454,023 Maintenance expense 2,276,025 2,065,723 2,229,027 5,667,592 6,173,464 5,423,047

Depreciation 1,234,418 1,328,284 1,226,427 3,744,124 3,965,932 3,708,520 Other Non-Operating Expense (Income) 71,705 75,896 Statutory payments & fuel taxes 114,751 109,588 109,383 324,794 329,811 323,302 Interest expense revenue bonds 670,821 670,821 600,529 2,013,528 2,013,527 1,802,652 Interest expense NDEQ Loan 9,718 9,718 10,396 29,155 29,154 31,189 Interest expense gas loans & other Bond expense Interest charged to construction (er.) (67,722) (192,759)

Total revenue deductions 8,888,155 8 460 592 8,717 107 24 443 084 25,370,972 23,625,869 Net revenues (365,439) (86,326) (529,723} (77,581} (34,968} 875,431

Interest income 331 568 89 240 1 429 715 219 275 057 4 346

FUNDS PROVIDED Net inome (loss) (33,871) 2,914 (528,294) 637,638 240,089 879,777 Depreciation and amortization charges 1,317,046 1,404,028 1,321,158 4,004,597 4,193,164 3,974,129 Net pension liability Deferred inflows - pension Deferred inflows - OPES OPES 452,881 468,091 1,358,641 1,404,273 Loan from NDEQ for Contact Basin Contribution in aid of construction 391 ,738 17,000 427,178 512,570 87,724 431,510 Contribution in aid of construction - capital facilities 436,411 306,700 244,665 806,023 918,800 791 ,311 Customer Advances for Construction (328,874) 688,676 (440,507) 2,172,161 Bond Proceeds Total funds provided 1782450 2,183,523 2 621 475 5,520 320 6 798 418 9,653,160

FUNDS EXPENDED Plant additions and replacements 901,298 3,683,076 1,905,891 4,840,328 7,681 ,336 4,210,098 Plant additions and replacements-Cast Iron 563,520 896,000 687,740 1,511,791 1,883,500 1,803,819 OPES - Begin Pre-funding 457,852 1,265,459 1,373,556 1,612,566 Deferred outflows - pension Deferred outflows - OPES Deferred outflows - debt refund NDEQ Loan-Contact Basin Bond Retirement Bond Reserve Fund - 2015 Bond Interest - 2006-Expense accrual (non cash) Bond Interest - 2006-Payment Bond Interest - 2012-Expense accrual (non cash) (81,725) (81,725) (87,508) (246,239) (246,239) (263,589) Bond Interest- 2012-Payment Bond Interest - 2015-Expense accrual (non cash) (483,845) (483,845) (513,021) (1,451 ,536) (1,451,535) (1,539,063) Bond Interest- 2015-Payment Bond Interest - 2018-Expense accrual (non cash) (105,251) (105,251) (315,754) (315,753) Bond Interest - 2018-Payment NDEQ Interest - Expense accrual (non cash) (9,718) (9,718) (10,396) (29,155) (29,154) (31 ,189) NDEQ Interest - Payment Gas loan retirement Total funds expended 784 279 4 356 389 3 248 164 4 309 436 8 895 711 5 792 641

SUBTOTAL - FUNDS PROVIDED LESS FUNDS EXPENDED 998 172 !2, 172,866) (626,689) 1210884 (2,097,293) 3,860,519

Page 1 of 2



March Three Months March 2019 2018 Three Months 2019 2018


BOND ACTIVITIES Interest on Bond Project Fund (88,607) (281,542) Remove Net Bond Proceeds - Series 2015 Bond Project Fund - 2015 (Spending Funded by Bond Proceeds) 192,821 1,971,942 Bond Project Fund - 2018 (Spending Funded by Bond Proceeds) 928 948 4 475 427

Net Change in Bond Project Funds 840 341 192 821 4193 885 1 971 942

IMPACT ON CASH OF CHANGES IN OTHER BALANCE SHEET ASSET ACCOUNTS

Bond Sinking Fund (1,706,905) (1,482,571) (5,116,621) (4,447,712) Bond Closing Fund 6,004 Accounts Receivable (391,025) 137,634 (39,662) 91,048 Accounts Receivable - Utility Service (1 ,016,569) 668,872 223,479 534,025 Conslruction/Environmental fund (26) (13) (76) (38) Allowance for Uncollectible Accounts 23,550 30,678 (339,378) (473,842) I/Co Receivable from Gas Department 580,973 1,218,432 169 112,865 Accrued Unbilled Revenue (21,862) (73,770) (173,945) (169,439) Materials and Supplies (240,326) (476,077) (247,466) (604,085) Prepayments 22,089 17,413 64,339 52,030 Other Noncurrent Assets 42,657 101 ,462 (13,470) 70,881

LIABILITY ACCOUNTS Accounts Payable (2,098,546) 389,126 (3,959,407) (2,051,646) I/Co Payable to Gas Department 77,430 (3,152,098) Customer Deposits - Pioneer Mains (759,124) (13,670) (1,299,922) 549,174 Customer Credit Balances (1,038) 50,671 62,855 67,174 Self Insured Risk Liability 75,672 (36,907) 227,017 (50,083) Statutory Payments to Municipalities 114,751 109,383 (190,206) (201,641) Sewer Fee Collection Duew Municipalities 1,281,749 411,424 1,170,143 1,485,896 Accrued Vacation Payable All other, net

NET IMPACT ON CASH OF CHANGES IN OTHER BALANCE (4,016,551 l 1052086 (12,778,246) (5,035,393)

Net Increase (Decrease) in Cash (2,178,039) (2,172,866) 618 218 (7,373,477) (2,097,293) 797 067

Cash - Beginning of Period 81,527,181 75,860,278 86,722,620 75,681,428 Cash - End of Period 79 349 142 76,478,495 79 349 142 76,478 495 Change In Cash - Increase (Decrease) (2,178,039) 618 218 (7,373,477) 797 067

Page 2 of2

METROPOLITAN UTILITIES DISTRICT OF OMAHA G-1 GAS DEPARTMENT MARCH 2019

\ BALANCE SHEETS Page 1 AS OF MARCH 31, 2019 AND FEBRUARY 28, 2019

March 31 February 28 January 1 Increase (Decrease)

ASSETS 2019 2019 2019 One Month Three Months

UTILITY PLANT -At Cost Plant in service $ 616,423,938 $ 615,220,666 $ 615,192,112 $ 1,203,273 $ 1,231,826 Less - Accumulated depreciation 196,441,525 196,059,855 192,871,595 381,670 3,569,930

Net utility plant in service 419,982,413 419,160,811 422,320,517 821,603 (2,338,104)

Construction in progress 13,504,364 14,242,195 10,739,737 (737,831) 2,764,626 Construction materials - at average cost 2,396,109 2,222,716 2,341,745 173,393 54,365

Net utility plant 435,882,887 435,625,722 435,401,999 257,165 480,888

NONCURRENTASSETS Cash-CPEP2 Settlement Fund-Restricted Early Retiree Drug Subsidy - Restricted Fund 2018 Bond Project Fund 12,890,059 14,604,346 16,549,082 (1,714,286) (3,659,023) Other Non-Current Assets 2,135,600 1,865,165 648,150 270,435 1,487,451

Total noncurrent assets 15,025,660 16,469,511 17,197,232 (1,443,851) (2,171 ,572)

CURRENT ASSETS Cash 4,661,271 8,603,427 6,693,271 (3,942,156) (2,032,000) U.S. Government securities and certificates of deposit 112,585,800 104,811,985 102,122,967 7,773,816 10,462,833 Bond Closing Fund - Restricted 12,932 (12,932) Bond Sinking Fund - Restricted 748,824 561 ,622 187,293 187,202 561,532 Accounts receivable - utility service 36,808,320 34,008,418 24,624,244 2,799,902 12,184,076 Accounts receivable - other 582 ,098 569,957 2,266,101 12,141 (1,684,003) Allowance for doubtful accounts (4,377,157) (4,352,907) (4,895,378) (24,250) 518,221 Interdepartmental Receivable from Water Dept 77,430 3,229,529 77,430 (3,152,098) Accrued unbilled revenues 13,478,776 20,646,671 19,971,850 (7,167,895) (6,493,074) Natural gas in storage 2,016,952 2,459,583 2,945,234 (442,632) (928,282) Natural gas in pipeline storage 978,169 1,964,590 6,590,944 (986,421) (5,612,775) Propane in storage 4,083,217 4,083,217 4,150,179 (66,962) Materials and supplies - at average cost 3,277,154 3,183,354 3,161,140 93,800 116,014 Prepayments 1,750,831 841,488 1,038,482 909,343 712,349

Total current assets 176,671,686 177,381,404 172,098,787 (709,719) 4,572,898

DEFERRED OUTFLOWS OF RESOURCES Pension 27,603,847 27,603,847 27,603,847 OPES 1,329,047 1,329,047 1,329,047

Total Deferred Inflows 28,932,894 28,932,894 28,932,894

Total Assets $ 656,513,126 $ 658,409,531 $ 653,630,912 $ (1 ,896,405) $ 2,882,214

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METROPOLITAN UTILITIES DISTRICT OF OMAHA G-1 GAS DEPARTMENT MARCH 2019 BALANCE SHEETS Page 2

AS OF MARCH 31, 2019 AND FEBRUARY 28, 2019

March 31 February 28 January 1 Increase (Decrease) LIABILITIES AND NET WORTH 2019 2019 2019 One Month Three Months

NONCURRENT LIABILITIES Long Term Debt - Revenue Bonds Net of Disc/Premium 31,857,527 31,867,559 31,887,621 (10,031) (30,094) Long-Term Debt - CNG Loan 184,298 204,660 245,201 (20,362) (60,903) Unearned Gas Purchase Discount Net pension liability 46,959,549 46,959,549 46,959,549 Net OPEB liability 63,480,655 63,143,176 62,468,218 337,479 1,012,437

Total noncurrent liabilities 142,482,028 142,174,943 141,560,588 307,085 921,440

CURRENT LIABILITIES Accounts payable 20,619,681 26,096,296 34,905,976 (5,476,615) (14,286,295) Interdepartmental Payable to Water Dept 580,973 () (580,973) Current maturities of Revenue Bonds 1,040,000 1,040,000 1,040,000 Current maturities of CNG loan 241,323 240,872 239,837 451 1,486 Unearned Gas Purchase Discount 790,041 1,062,514 1,825,000 (272,473) (1,034,959) Customer deposits 12,317,338 12,333,637 12,203,094 (16,299) 114,245 Customer credit balances 1,783,097 2,353,075 4,902,371 (569,977) (3,119,274) Statutory payments to municipalities 1,768,678 1,185,705 1,291,953 582,973 476,725 Accrued Interest on Revenue Bonds 401,810 301,357 100,452 100,452 301,357 Accrued vacation payable 3,889,411 3,889,411 3,889,411

Total current liabilities 42,851,380 49,083,840 60,398,094 (6,232,460) (17,546,714)

CUSTOMER ADVANCES FOR CONSTRUCTION 579,276 703,038 683,327 (123,762) (104,051)

SELF - INSURED RISKS 1,042,782 1,021 ,082 957,296 21,700 85,486

OTHER LIABILITIES 1,006,440 1,597,015 2,427,869 (590,575) (1,421,429)

DEFERRED INFLOWS OF RESOURCES Contributions In Aid of Construction 41,207,942 41,138,832 41,250,869 69,109 (42,927) Pension 12,868,971 12,868,971 12,868,971 OPEB 30,381,030 30,381,030 30,381 ,030

Total Deferred Inflows 84,457,943 84,388,834 84,500,870 69,109 (42,927)

NET POSITION -ACCUMULATED REINVESTED EARNINGS 384,093,277 379,440,780 363,102,867 4,652,496 20,990,409

Total Liabilities, Deferred Inflows of Resources and Net Position $ 656,513,126 $ 658,409,531 $ 653,630,912 $ (1,896,405) $ 2,882,214

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METROPOLITAN UTILITIES DISTRICT OF OMAHA G-2 GAS DEPARTMENT MARCH 2019


March Three March 2019 2018 Three Months 2019 Months 2018

Actual Budget Actual Actual Budget Actual OPERATING REVENUES

Gas sales revenue $ 25,920,803 $ 18,232,223 $ 21 ,927,267 $ 94,506,726 $ 74,931,533 $ 87,519,100 (Over)/under gas recovery 590,575 (789,084) 1,422,762 2,173,125 Infrastructure charge 1,133,943 1,092,577 1,078,187 3,270,862 3,276,186 3,265,610 Other operating revenues 420,434 467,296 430,435 1,309,347 1,363,089 1,252,376 Total operating revenues 28,065,754 19,792,096 22,646,804 100,509,697 79,570,808 94,210,213

Less: Bad debt expense (22,581) (29,610) (24,732) (130,487) (109,926) (33,199) Total operating revenues, net 28,043,173 19,762,486 22,622,072 100,379,210 79,460,882 94,177,014

Less: Natural gas purchased for resale 17,012,854 10,753,813 12,793,331 61,844,892 45,471,141 56,804,786 Gas purchase discount earned - CPEP (272,473) (272,472) (273,500) (1,034,959) (1,034,956) (1,039,500)

Operating revenue, net of gas cost 11,302,792 9,281 ,145 10,102,241 39,569,277 35,024,697 38,411 ,727 REVENUE DEDUCTIONS Operating expense 3,347,679 3,264,064 3,509,881 9,679,468 10,171,480 9,779,433 Maintenance expense 1,466,515 1,429,681 1,593,034 3,393,686 4,032,818 3,925,203 Other Non-operating expense (income) 25,169 25,273 3,418 Depreciation 1,366,327 1,309,174 1,302,175 4,103,430 3,899,173 3,885,393 Statutory payments & fuel taxes 598,866 413,971 485,525 1,810,758 1,559,185 1,615,330 Bond issuance costs - 2018 GIR Bond Interest expense - 2018 GIR Bond 90,421 90,421 271,263 271 ,263 Interest expense 5,629 5,188 5,769 17,387 15,508 19,540 Total revenue deductions 6,900,605 6,512,499 6,896,383 19,301,265 19,949,427 19,228,318

Net revenues 4,402,187 2,768,646 3,205,857 20,268,012 15,075,270 19,183,409 OTHER INCOME & EXPENSE - Interest, Invest Earnings & Exp 250,310 161,540 101,841 722,398 468,977 216,011 FUNDS PROVIDED

Net income (loss) 4,652,496 2,930,186 3,307,699 20,990,409 15,544,247 19,399,420 Depreciation and amortization charges 1,836,877 1,901 ,855 1,821,656 5,498,579 5,677,216 5,449,336 Net Pension Obligation Deferred inflows - pension Deferred inflows - OPEB OPEB 1,375,000 490,620 651,745 4,125,000 1,471 ,862 1,955,235 Contribution in aid of construction - mains 145,029 27,809 173,662 47,550 Contribution in aid of construction - grants Customer Advances for Construction (123,762) 54,597 (104,051) 58,569 GIR bond proceeds - 2018 Total funds provided 7,885,641 5,322,661 5,863,505 30,683,599 22,693,325 26,910,110

FUNDS EXPENDED Plant additions and replacements 1,667,514 2,273,798 1,418,986 3,723,618 6,427,881 3,956,681 Plant additions and replacements - Cast Iron 502,447 1,527,567 1,162,476 2,472,437 3,798,841 2,409,702 OPEB - Begin Pre-funding 1,037,521 490,621 657,025 3,112,563 1,471,862 1,500,000 Deferred outflows - pension Deferred outflows - OPEB Natural gas inventory increase (decrease) (1,429,052) (342,000) (1,770,788) (6,608,019) (4,964,000) (6 ,766,718) Loan Retirement long-term CNG 19,911 19,911 19,454 59,417 59,420 57,954 Bond retirement - GIR Bond 2018 Bond interest - 2018 Expense accrual (non cash) (100,452) (90,421) (301 ,357) (271,263) Bond Premium amortization 10,031 30,094 Transfer to/from 2018 Bond Sinking Fund 187,202 187,119 561,532 561,357

Total funds expended 1,895,122 4,066,595 1,487,153 3,050,284 7,084,098 1,157,618 Subtotal - Funds Provided less Funds Expended 5,990,519 1,256,066 4,376,352 27,633,315 15,609,228 25,752,492

March Three March 2019 2018 Three Months 2019 Months 2018


BOND ACTIVITIES Remove Net Bond Proceeds Transfer from bond closing fund 12,932 Bond Project Fund 2018 (Spending Funded by Bond Proceeds) 1,714,286 1,527,567 3,659,023

Net Change in Bond Project Fund 1,714,286 1,527,567 3,671,955

IMPACT ON CASH OF CHANGES IN OTHER BALANCE SHEET ASSET ACCOUNTS

Bond Closing Fund Bond Sinking Fund Accounts Receivable - Utility Service (2,799,902) 952,172 (12,184,076) (8,624,658) Accounts Receivable - Other (12,141) 57,541 1,684,003 (232,354) Allowance for Uncollectible Accounts 24,250 25,112 (518,221) (1 ,299,674) I/Co Receivable from Water Department (77,430) 3,152,098 Accrued Unbilled Revenue 7,167,895 5,227,576 6,493,074 4,690,328 Materials and Supplies (93,800) 3,799 (116,014) 69,165 Prepayments (909,343) 167,380 (712,349) (1,165,635) Other Noncurrent Assets (270,435) (1 ,093,800) (1,487,451) (1 ,370,551)

LIABILITY ACCOUNTS Unearned Gas Purchase Discount-Current (272,473) (1,027) (1,034,959) (4,541) Unearned Gas Purchase Discount-Noncurrent (272,473) (1,034,959) Accounts Payable (5,476,615) (9,318,419) (14,286,295) (11,740,699) I/Co Payable to Water Department (580,973) (1,218,432) (112,865) Customer Deposits (16,299) 135,038 114,245 242,843 Customer Credit Balances (569,977) (1 ,282,364) (3,119,274) (7,500,231) Self Insured Risk Liability 21,700 (94,936) 85,486 37,045 Statutory Payments to Municipalities 582,973 443,157 476,725 589,228 Accrued Vacation Payable Other Liabilities (590,575) 789,059 (1 ,421,429) (2,134,131) All other, net

NET IMPACT ON CASH OF CHANGES IN OTHER BALANCE SHEETACCOUNTS-SOURCE(USE)OFCASH (3,873,146) (5,480,620) (22,874,436) (29,591,689)

Net Increase (Decrease) in Cash 3,831,660 2,783,633 (1,104,267) 8,430,833 15,609,228 (3,839,197)

Cash - Beginning of Period 113,415,412 92,847,737 108,816,238 95,582,666 Cash - End of Period 117,247,072 91,743,469 117,247,072 91,743,469 Change In Cash - Increase (Decrease) 3,831,660 (1,104,267) 8,430,833 (3,839,197)

Report on Income Finance - Metropolitan Utilities District · Volumes ‐Billions of Gallons Sold...

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