--- ## title: Microsoft PowerPoint - Nicollet County CHA- Saint Peter.pptx ## author: Keisha Seys date: D:20260501095749-05'00' --- c\"TY o^ ## CITY OF SAINT PETER, MINNESOTA ## AGENDA AND NOTICE OF MEETING City Council Workshop Session of Monday, May 4, 2026 - 5:30 p.m. ## Community Center - Governor's Room (600 South Fifth Street) ## I. CALL TO ORDER ## II. DISCUSSION a. Presentation on Nicollet County Health Assessment - p. 2-12 b. Department Presentation - Rivers Edge Hospital - p. 13 c. Enterprise Funds Reports - Electric & Stormwater- p. 14-22 ## II. ADJOURNMENT ## Todd Prafke ## City Administrator ## Memorandum ## TO: Honorable Mayor Nowell DATE: 5/1/26 ## Members of the City Council ## FROM: Todd Prafke ## City Administrator ## RE: Nicollet County Health Assessment Presentation ## ACTION/RECOMMENDATION None needed. For Council information and discussion only. ## BACKGROUND Nicollet County recently completed a county wide health assessment. That study contains a review of numerous factors that drive community health and can help decision makers think about policies that may be of value and impact the quality of life for residents of the Saint Peter community. Spencer Crawford from Nicollet County will be attending your meeting and providing an overview of the study's findings. Our goal for your meeting is to provide this information so you have additional opportunity to understand the data with an eye towards how data of this type may be a consideration in future policies and other work such as the Comprehensive Plan. Please feel free to contact me if you have any questions or concerns on this agenda item. ## TP/ks 2 5/1/2026 1 ## The Nicollet ## County ## Community ## Health ## Assessment ## Data ## Review ## Partner ## Sessions ## Listening ## Sessions ## Analysis ## Data ## Review ## Partner ## Sessions ## Listening ## Sessions ## Analysis ## Listening Sessions with: •Latino Community •LGBTQIA+ Community ## •Rural/ Small Town Residents •Seniors ## •Solace Apartments Residents •Somali Community •Veterans ## Data ## Review ## Partner ## Sessions ## Listening ## Sessions ## Analysis 12 34 3 5/1/2026 2 ## Data ## Review ## Partner ## Sessions ## Listening ## Sessions ## Analysis ## Data ## Review ## Partner ## Sessions ## Listening ## Sessions ## Analysis ## Housing ## Nicollet County Average Home Value 56 78 4 5/1/2026 3 of renters are cost burdened (58% for seniors). of renters are severely cost burdened. 44% 22% of renters are cost burdened (58% for seniors). of renters are severely cost burdened. 44% 22% Cost burden is significantly higher for renters of color. ## Cost Burdened Housing is Bad for our Health. It is associated with: •Poor overall self-rated health. •Poor mental health. •Hypertension. •Arthritis. It is associated with: •Poor overall self-rated health. •Poor mental health. •Hypertension. •Arthritis. Lower expendable income forces people to choose between food, medicine, and a place to live. ## Cost Burdened Housing is Bad for our Health. 910 1112 5 5/1/2026 4 “Do I genuinely think I’ll ever buy a house? No. It’s a fantasy I hold onto because it keeps me going.” “Do I genuinely think I’ll ever buy a house? No. It’s a fantasy I hold onto because it keeps me going.” “Housing makes up over 40% of my net pay.” “Do I genuinely think I’ll ever buy a house? No. It’s a fantasy I hold onto because it keeps me going.” “Housing makes up over 40% of my net pay.” Facilitator: “Do you ever worry about housing?” Participant: “That is my single biggest worry every day.” “Do I genuinely think I’ll ever buy a house? No. It’s a fantasy I hold onto because it keeps me going.” “Housing makes up over 40% of my net pay.” Facilitator: “Do you ever worry about housing?” Participant: “That is my single biggest worry every day.” Facilitator: “Do you think having stable housing here-do you think that helps you live a healthier life?” Participant: “Oh my ## God yes. Yeah.” 1314 1516 6 5/1/2026 5 •Existing homes are too small for multigenerational living. •Discrimination in renting and upkeep. ## Other Concerns ## Transportation The default mental model (for healthcare providers) •My client needs a ride 1718 1920 7 5/1/2026 6 The default mental model (for healthcare providers) •My client needs a ride •Transportation options are limited and confusing The default mental model (for healthcare providers) •My client needs a ride •Transportation options are limited and confusing •How are we going to make it work this time? ## Google Earth ## Transit “I just found out about it like two weeks ago-it’s easy to get on the bus and go across town...you just call and they show up.” ## Google Earth ## Transit “I just found out about it like two weeks ago-it’s easy to get on the bus and go across town...you just call and they show up.” “The issue is a language barrier.” 2122 2324 8 5/1/2026 7 ## Google Earth ## Transit “I just found out about it like two weeks ago-it’s easy to get on the bus and go across town...you just call and they show up.” “The issue is a language barrier.” “We have a shuttle service, but they require 24-hour advance notice to go from Saint Peter to Mankato.” ## Transit “I just found out about it like two weeks ago-it’s easy to get on the bus and go across town...you just call and they show up.” “The issue is a language barrier.” “We have a shuttle service, but they require 24-hour advance notice to go from Saint Peter to Mankato.” “I have missed appointments. I don’t know how to drive or have a vehicle to get to my appointments. I have insurance but the insurance doesn’t sometimes help with transportation or I have had referrals to go to Mankato and have missed because of transportation issues. I heard about a bus or transit that can drive you to appointments but you have to give an advance notice and I didn’t know that. I don’t really a have a lot of information also on it so I didn’t know the right procedures.” ## Google Earth Active transportation is health infrastructure: •Better self reported health •Lower risk of diabetes, obesity, hypertension, and other diseases •Increased life expectancy •Reduced Stress “The sidewalk ends at some point and then it gets dangerous. It’s all wooded and then it’s like cars just flying by. Like even just going up to Kwik Trip, which is still a little hike, there is a sidewalk, and then it turns into just woods.” ## Google Earth 2526 2728 9 5/1/2026 8 ## Income Inequality 0.4596 0.4346 0.4000 0.4198 0.3987 0.4123 NICOLLET COUNTY BLUE EARTH COUNTY BROWN COUNTY SIBLEY COUNTY LE SUEUR COUNTY RENVILLE COUNTY U.S. Census Bureau.Gini Index of Income Inequality in US Census B19083. U.S. Department of Commerce. ## Inequality: GINI Coefficient A Gini index of 0 represents total equality, whereas 1 represents total inequality. Lower = better 0.3500 0.3700 0.3900 0.4100 0.4300 0.4500 0.4700 0.4900 20162017201820192020202120222023 ## Nicollet CountyBlue Earth CountyBrown County ## Inequality: GINI Coefficient U.S. Census Bureau.Gini Index of Income Inequality in US Census B19083. U.S. Department of Commerce. Why does the GINI Coefficient matter? •Unequal wealth distribution has a greater impact on the wellbeing of minority communities. •Financial concerns was a consistent reason for delaying or forgoing care during the listening sessions. ## Income Health Status ## Correlation Coefficient1.000 -.315 ** Sig. (2-tailed)<.001 ## N287286 ## Correlation Coefficient -.315 ** 1.000 Sig. (2-tailed)<.001 ## N286313 ## Correlations Spearman's rho q69 q1 **. Correlation is significant at the 0.01 level (2-tailed). •Higher Income is associated with better self reported health status. 2930 3132 10 5/1/2026 9 ## Inequality: It’s Complicated ## Income Health Exams ## Correlation Coefficient1.0000.008 Sig. (2-tailed)0.894 ## N287280 ## Correlation Coefficient0.0081.000 Sig. (2-tailed)0.894 ## N280306 ## Correlations Spearman's rho q69 q5a People with more income didn’t necessarily go to the doctor more. Inequality impacts more than just access to care. ## Income Health Exams ## Correlation Coefficient1.0000.008 Sig. (2-tailed)0.894 ## N287280 ## Correlation Coefficient0.0081.000 Sig. (2-tailed)0.894 ## N280306 ## Correlations Spearman's rho q69 q5a “Housing prices have gotten so out of reach for so many people.” ## Inequality: It’s Complicated People with more income didn’t necessarily go to the doctor more. Inequality impacts more than just access to care. ## Income Health Exams ## Correlation Coefficient1.0000.008 Sig. (2-tailed)0.894 ## N287280 ## Correlation Coefficient0.0081.000 Sig. (2-tailed)0.894 ## N280306 ## Correlations Spearman's rho q69 q5a “Housing prices have gotten so out of reach for so many people.” “They want us to all be healthy, and buy healthy things, but you can’t afford it (in reference to food) ... its priced wrong to keep us healthy.” People with more income didn’t necessarily go to the doctor more. Inequality impacts more than just access to care. ## Inequality: It’s Complicated ## Income Health Exams ## Correlation Coefficient1.0000.008 Sig. (2-tailed)0.894 ## N287280 ## Correlation Coefficient0.0081.000 Sig. (2-tailed)0.894 ## N280306 ## Correlations Spearman's rho q69 q5a “Housing prices have gotten so out of reach for so many people.” “They want us to all be healthy, and buy healthy things, but you can’t afford it (in reference to food) ... its priced wrong to keep us healthy.” “The people that need it don’t have that extra money to be paying for that at that price” (in regard to transportation services). ## Inequality: It’s Complicated People with more income didn’t necessarily go to the doctor more. Inequality impacts more than just access to care. 3334 3536 11 5/1/2026 10 Next steps ## •Community Health Improvement Plan (CHIP): A roadmap to better health. ## The Nicollet ## County ## Community ## Health ## Assessment 3738 12 ## Memorandum ## TO: Honorable Mayor Nowell DATE: 5/1/26 ## Members of the City Council ## FROM: Todd Prafke ## City Administrator ## RE: Department Presentation: River’s Edge Hospital ## ACTION/RECOMMENDATION None needed. For Council information and discussion only. ## BACKGROUND Each year, each City Department provides a presentation to the City Council at a Workshop. The tentative schedule for Department Presentations is as follows: ## March Community Development (completed) July City Attorney ## April Public Works (completed) August Fire & Rescue ## May Hospital November Rec & Leisure Services ## June Finance & Police The workshop on Monday evening will feature a presentation on River’s Edge Hospital by CEO Paula Meskan. Please feel free to contact me if you have any questions or concerns on this agenda item. ## TP/ks 13 ## Memorandum ## TO: Todd Prafke DATE: 4/30/2026 ## City Administrator ## FROM: Peter Moulton Perry Solheim ## Director of Public Works Finance Director ## RE: 2025-2026 Update/Review Electric Fund Budget ## ACT ## ION/RECOMMENDATION None needed. For City Council review and discussion only. ## BACKG ## ROUND The goal for the Council workshop is for us to provide information about the current status of the Electric Fund as we move from the first to the second year of the two-year (2025-2026) budget cycle. We hope to put the Council in a position to better understand the needs we see for the next budget cycle. The 2025-202 6 Electric Fund budget includes the same operational services we have provided in previous years. The Utility provides and maintains services to homes and businesses; maintains the electric generation plant; provides for street light installation and maintenance; provides for connection and disconnection of meters and location of City service lines; maintains appropriate load on transformers; installs new services in subdivisions; and installs distribution lines. •Approved rate increases in the amount of 3.5% were implemented on January 1, 2025 and an additional increase of 3.5% was implemented January 1, 2026 for bills due March 15, 2026. This was driven by a SMMPA rate change of 15.6% that was effective on ## November 1, 2022. SMMPA has announced that there are no planned rate changes for 2026. •2025 Revenue was budgeted at $13,373,320 and unaudited results are $13,857,241 due to another hot summer. The 2026 budget and revenue projection is $13,373,320. •The 2025 unaudited operating expenses are $11,862,711 versus a budget of $11,426,335 or $436,376 higher driven primarily by increased purchase power of $271,926 and lag time of rate increases which started in March. The additional exceedance was due primarily to personnel costs being higher than originally budgeted. •The Electric Fund transfers 6.5% of gross sales to the General Fund. We plan to review this practice for the 2027-2028 budget cycle as we have done in each of the last 30+ years. 14 • For 2026, projected employee insurance cost was increased to account for an expected 10% premium increase. • It should be noted that fuel for the Broadway Generation Plant (power production) is reimbursed by SMMPA and as of June 1, 2023, SMMPA extended the Capacity Contract for an additional five years. SMMPA will cover debt payments for the facility. The plant is exercised monthly and in addition, SMMPA calls on the City to operate the plant as necessary during peak electrical usage on the transmission system. It is an "in and out" expense, meaning it has no net impact on the overall budget. Once the operation agreement with SMMPA expires, the City will have the ability to operate the plant as necessary and sell the power generated if you choose. During early 2026 an outage in the SMMPA grid necessitated operation of the Broadway Generation Plant for a 5-day period which exceeds the usage of that plant for any straight period in the plant’s life to date. Plant operations ran smoothly. 2026 results will reflect higher fuel costs and corresponding SMMPA reimbursements that will be higher than budgeted for 2026. The net effect will be negligible due to the reimbursement arrangement. • The Solar Choice Program has been income neutral. It is not separately called out in the budget. In future budgets there will be separate reserve accounting for the subscription cash that is generated. • The revenue and expenses related to the charging stations has remained income neutral. • Purchased power as a percentage of operating expenses has trended down to 80%. This is mostly due to increases in personnel costs. Prior to 2024 it was generally 81-83% of total operating expenses. On December 18, 2024, the City Council adopted a two-year budget cycle to include maintenance and capital improvements in 2025-2026. As we review the second year (2026) of the budget, a couple of items have been identified which may impact future budget cycles. Those issues are as follows: • Review of the opportunity of additional distributed generation. You have a study that is very near completion and any construction that would occur will be reviewed in light of total value to redundancy on your system, asset development value and Capacity Charge reviews. • Potential changes to underlying rate structures needing further review of time of purchase pricing and base/energy (kWh) charge splits. Funding changes since the 2025-2026 Budget were approved are relatively minor and we do not believe any deviation from the current rates are needed. 2025/2026 Current Debt issues: $899,639 Principal and Interest (P & I)  Electric Revenue Refunding Bond- 2015A (Generation Plant) - 2025 debt service $344,500; remaining principal $685,000; final payment 2027  Taxable Revenue Bond - 2011C (Substation and Transmission) refinanced with 2017D Electric Revenue Refunding Bond – 2025 debt service $305,038; remaining principal $1,702,000; f inal payment 2037  2020 Broadway Generation Plant Upgrade - 2025 debt service $71,070; remaining principal $0; f inal payment was in 2025 15  Equipment Lease -Ameresco Project - (Lighting Electric portion) - 2025 debt service $117,887; remaining principal $1,168,454; f inal payment 2037  GO Bond 2024A (Front Street Substation Upgrade) - 2025 debt service $51,651; remaining principal $1,560,000; final payment 2045  SMMPA Solar Project Lease - 2025 debt service $9,494; remaining principal $180,385; final payment 2044 The Electric Fund will have a projected ending fund balance of $16,637,000 at the end of 2025 versus the budget of $16,605,827. Higher overall electric sales lead to the fund exceeding expectations. 2026 Fund Balance is $16,745,599. We don't see a need for any mid-budget rate modifications and believe sticking to the current plan continues to be appropriate. The goal for the Council workshop is for us to provide information about the status of this fund as we move from the first to the second year of the two-year budget cycle. We hope to put the Council in a position to better understand the needs we see for the next budget cycle. The budget includes different types of income and expenses, as well as other impacts and resources and the budget is a way to help express our goals and strategies in measurable terms and show whether the fund has a surplus or a deficit as we plan for future activities and service provisions. The value of this process is understanding the differences or comparison, and we see differences and contrasts from previous work. Please feel free to contact us if you have any questions or concerns on this agenda item. ## PM/PS 16 ## Electric Capital Plan Draft 9/25/2024 Approved 3/2025, Reviewed 10/08/2025 ## 20252026202720282029$2,03020312032203320342035TOTALS ## 604.48410 DISTRIBUTION/SUBSTATION 300 Professional Services/ Engineering 10,000 3,065,000267,880163,720 56,500 16,500 66,500 16,500 16,500 16,500 17,0003,712,600 ## Meter Testing30,00030,000 Transormer Painting10,000 10,00010,00010,00010,000 10,000 10,000 10,000 10,000 10,000 12,000112,000 ## Protective Breaker and Relay Testing50,00050,000 ## 510 Distribution System Land ## Current Service Territory Expansion (Cost to Benco) 9,0009,0009,0009,0009,0009,00054,000 Future Service Territory Expansion (Cost to Benco) move to 20269,0009,0009,0009,0009,00045,000 ## 520 Building/Structural Improvements ## Phase I - Front Street Substation Improvements ## Phase I - Distribution Improvements432,000432,000 ## Phase I - Generation Plant Improvements 700,000700,000 ## Phase 2 - Broadway Substation Improvements1,888,3201,888,320 ## Phase 2 - Distribution Improvements1,072,6801,072,680 Generation plant computer software (BAS) 202015,00015,00030,000 ## New Generation Facility10,000,000 20,000,00030,000,000 ## 532 Utility Infrastructure ## Orchard Ridge Primary Tie Line to Welco 12,75012,750 ATP-7 Grant for EV Chargers 2022 budget $17,206 - Added Eng. In 2024 17,20017,200 Home Electric Vehicle Chargers and Garage Heater Rebates5,0005,0005,0005,0005,0005,0005,000 5,000 5,000 5,000 5,00055,000 AMI Meter Program338,200018,75018,75018,750 18,750 18,750 18,750 18,750 18,750 18,750506,950 Underground Switch Replacement160,000 128,000133,000136,000 139,000 128,000 128,000 128,000 128,000 128,000 128,0001,464,000 ## Hy-Vee C Store 12,25012,250 ## MnDOT Building 23,80023,800 ## Minnesota Square Park Vendor Pedestal Replacement23,50023,500 ## Mill Pond Riverside Park - Primary Wire Replacement29,10029,100 ## Cullen Street Development129,675129,675 ## Klein Street Development58,27558,275 ## Minnesota River Crossing Overhead to Underground Replacement222,400222,400 ## Riverside Campground Electric Service Upgrade30,50030,500 ## Magner Parkway Primary Wire Install190,400190,400 ## Wire Replacement - Riverview - Washington 42,00042,000 ## Aspen - Riverview Wire Replacement42,00042,000 ## Spruce - Riverview Wire Replacement84,00084,000 Distribution System Expansion140,000 140,000140,000140,000 140,000 140,000 140,000 140,000 151,750 151,750 153,0001,576,500 ## 540 Distribution System Heavy Equipment UNIT 59 VERMEER Trencher, Large (2002) 100,000100,000 ## UNIT 37B -T-14T TOWMASTER TRAILER (2002)15,00015,000 ## 2021A -THREE REEL LARGE WIRE TRAILER (1996)25,00025,000 Unit 721 -FT6R Wire Trailer (2021)15,00015,000 ## 550 Motor Vehicles ## 580 Other Equipment Load Management Catch up12,600 12,60012,60012,60012,600 12,600 12,600 12,600 12,600 12,600 12,600138,600 Load Management New Services6,3006,3006,3006,3006,3006,3006,300 6,300 6,300 6,300 6,30069,300 ## Load Management/ Time of Use Implementation1,000,0001,000,000 Server upgrade (2021)12,00012,000 ## Unit 80-Lerol Portable Air Compresson 199650,00050,000 ## Unit 37A- Pole Trailer (1970)15,00015,000 Unit 818 -FT-6T Felling Trailer (2019)15,000 15,000 604.48410 TOTAL CAPITAL DISTRIBUTION896,250 4,142,950 11,034,530 20,836,370 2,285,470 2,851,480 411,150 566,150 357,900 357,900 361,650 44,101,800 ## 604.48420 GENERAL PLANT ## 520 Building/Structural Improvements Public Works Bldg. Improvements5,0005,0005,0005,0005,0005,0006,000 6,000 6,000 6,000 6,00060,000 ## Broadway Generation Plant Roof Replacement275,000275,000 ## Broadway Generation Plant Building Block Sealant37,00037,000 536 Streetlights ## Improvements ## Nicollet Avenue (Traverse to Storm Basin) 54,00054,000 ## Nicollet Avenue (Storm Basin to CO RD 15)54,00054,000 ## Highway 22 South Trail53,29553,295 ## Highway 99 West Trail42,33042,330 ## Traverse Road (Edgerton to Sunrise)25,65025,650 ## MN Square Park Lighting 39,00039,000 ## Magner Parkway (Traverse Road to Fort Road)97,00097,000 ## Traverse Road (Cook Street to Magner Parkway)33,75033,750 ## Downtown Decroative Lighting (Highway 169)57,00057,000 ## Downtown Decroative Lighting (Broadway)95,00095,000 ## Downtown Decroative Lighting (Park Row)57,00057,000 ## Minnesota Ave (TH 169) Broadway to Union216,000216,000 ## Downtown Decroative Lighting (3rd Street)141,050141,050 ## Downtown Decroative Lighting (Nassau)57,00057,000 ## Downtown Decroative Lighting (Grace)57,00057,000 ## Downtown Decroative Lighting (Mulberry)57,00057,000 Union Street Re-construction - 2028 (4th to 5th)15,25015,250 Skaro Street Re-consturcion - 2029 (4th to 5th)17,08017,080 Jefferson Ave. Re-construction - 2030 (Scholarship Way to 7th Street)10,87010,870 Jefferson Ave. Add Additional Lighting - 2031 (7th Street to South MN Ave.)12,54512,545 ## 540 Heavy Equipment Unit 21 - Digger Derrick (2001)300,000300,000 Unit 306 - Aerial Bucket Truck (2007) (budget $164,000) * surplus memo 12.8.2025 196,905196,905 Unit 812 - Backhoe (2008)100,000100,000 ## Unit 32- Ditch Witch Walk Behind Trencher (2004)45,00045,000 Unit 83- Caterpillar Skid Steer (2004) with Unit 83A Blade (2006) Surplus memo Council 1.26.2026 73,00073,000 Unit 8126 - Bobcat with bucket and snowpusher (2026)63,443 ## Unit 913-FX30 Ditch Witch Trailered Vactor (2013) Surplus Council 3/997,22097,220 ## 550 Motor Vehicles Unit 616 - 3/4 ton 4X4 Extended Cab Pickup (2017)80,00080,000 Unit 813 - 1 1/2 ton Dump Truck (2008)90,00090,000 Unit 8125 - 3/4 ton 4x4 Pickup (budget $60,000)52,87052,870 Unit 708 - 3/4 ton Van (1/2 ton pick-up replacement) surplus 202455,00055,000 Unit 815 Public Works Van - Dodge Caravan (2016) (Split W/WW/Elec) 15,00015,000 ## 580 Other Equipment AMI upgrade to 9.7 Software12,00012,000 ## Customer Portal for AMI System 15,500 16,00016,00016,000 16,000 16,000 16,000 16,000 16,250 16,500 160,250 ## 604.48420 General Plant TOTALS 434,070445,493468,650403,300128,830663,870146,545147,00022,00022,25022,5002,904,509 TOTALS - CAPITAL ELECTRICAL SYSTEM$1,330,320$4,588,443$11,503,180$21,239,670$2,414,300$3,515,350$557,695$713,150$379,900$380,150$384,150$47,006,309 17 2021 ## Actual 2022 ## Actual 2023 ## Actual 2024 ## Actual 2025 ## Budget 2025 ## Unaudited 2026 ## Budget ## Revenue $12,563,040 $12,454,586 $13,073,477 $14,008,729 $14,135,719 $14,637,620 $14,136,840 ## Operating Income $2,089,720 $1,903,969 $1,313,476 $1,591,763 $2,174,774 $2,222,876 $2,084,400 ## Purchased Power SMMPA $8,067,899 $8,187,291 $9,242,441 $9,415,544 $9,126,685 $9,172,318 $9,218,180 ## Expenditures (less Purch. Power) $1,881,687 $1,858,435 $1,967,326 $2,463,898 $2,299,650 $2,690,393 $2,299,650 ## Capital Exp. and Bond Costs $1,386,497 $689,842 $1,214,891 $2,728,027 $2,662,240 $1,566,433 $2,447,800 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 $11,000,000 $12,000,000 $13,000,000 $14,000,000 $15,000,000 $16,000,000 ## ELECTRIC FUND KEY INDICATORS 18 ## ELECTRIC FUND ## Electric Revenues 2021 ## Actual 2022 ## Actual 2023 ## Actual 2024 ## Actual 2025 ## Budget 2025 ## Unaudited 2026 ## Budget Electric Sales11,496,226 11,555,779 12,387,113 13,324,384 13,373,320 13,857,241 13,373,320 ## Other Operating Revenues543,080393,916136,130146,821227,789228,347228,910 TOTAL OPERATING REVENUES12,039,306 11,949,695 12,523,243 13,471,205 13,601,109 14,085,588 13,602,230 ## Non-Operating Revenues523,734504,891550,234537,524534,610552,032534,610 TOTAL REVENUES12,563,040 12,454,586 13,073,477 14,008,729 14,135,719 14,637,620 14,136,840 ## Electric Expenses 2021202220232024202520252026 ## ACTUAL ## ACTUALACTUALACTUALBUDGETUnauditedBUDGET Purchased Power (paid to SMMPA)8,067,899 8,187,291 9,242,441 9,415,544 9,126,685 9,172,318 9,218,180 ## Gross Margin on Power Sales70%71%75%71%72%72%72% ## Power Production286,579252,000275,230404,307296,114359,030296,114 Power Distribution889,676853,272925,924 1,205,399 1,158,031 1,429,957 1,158,031 ## Administration541,772596,423592,907662,002665,881705,623665,881 ## Customer Accounts163,660156,740173,265192,190179,624195,783179,624 Operating Expenses9,949,586 10,045,726 11,209,767 11,879,442 11,426,335 11,862,711 11,517,830 ## Operating Income (loss):2,089,7201,903,9691,313,4761,591,7632,174,7742,222,8762,084,400 ## Other Expenses Depreciation1,110,968 1,144,893 1,166,586 1,227,089 1,250,000 1,283,454 1,250,000 ## Interest Payments178,479162,431145,367131,004198,787116,078198,787 Transfers925,038931,336991,969 1,073,518 1,061,624 1,145,230 1,061,624 Other Expenses2,214,484 2,238,660 2,303,922 2,431,611 2,510,411 2,544,762 2,510,411 ## NET INCOME (Loss):398,969170,200(440,212)(302,324)198,973230,146108,599 Capital - Distribution System699,8785,807525,725 2,018,000 1,687,800741,433 1,687,800 ## Capital - General Plant22,81215,0833587265,000105,00015,000 ## Bond Principal Payments663,807668,952689,163709,440709,440720,000745,000 Non Income Cash Uses1,386,497689,842 1,214,891 2,728,027 2,662,240 1,566,433 2,447,800 ## NET INCOME:398,969170,200 (440,212) (302,324) 198,973230,146108,599 Non Income Cash Uses(1,386,497) (689,842) (1,214,891) (2,728,027) (2,662,240) (1,566,433) (2,447,800) Non Cash Expenses (Depreciation)1,110,968 1,144,893 1,166,586 1,227,089 1,158,115 1,175,487 1,193,119 ## Debt Proceeds000 2,000,000000 Change in Cash123,440625,251 (488,517) 196,738 (1,305,152) (160,800) (1,146,082) Ending Cash & Current Receivables1,374,778 2,950,995 2,060,692 2,427,595 1,122,443 2,266,795 1,120,713 Ending Unreserved Fund Balance2,474,405 2,644,605 1,979,156 1,891,078 2,090,051 2,121,224 2,229,823 ## Unrestricted FB % of Ops Exp25%26%18%16%18%18%19% 19