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UTILITIES COMMISSION MEETING <br />TO: FROM: <br />ERMU Commission Melissa Karpinski Finance Manager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />December 8, 2020 5.2 <br />SUBJECT: <br />2021 Annual Business Plan Budget and Schedule of Rates & Fees <br />ACTION REQUESTED: <br />Adopt the 2021 Annual Business Plan <br /> <br />BACKGROUND: <br />In November, the preliminary 2021 Annual Business Plan was presented to the commission. <br />There have been some changes due to finalizing of projects and expenses. The final highlights <br />are discussed below. <br /> <br />DISCUSSION: <br />Electric Budget and Rates <br />As discussed in November, we are proposing a 0% rate increase for 2021. <br /> <br />Notable items in the electric budget for 2021are: <br />3% cost of living adjustment (COLA) for Office, Field, and Management pay plan groups <br />and 3.6% COLA for Line Worker pay plan group. <br />Conservative estimate for usage and growth. <br />0% wholesale power rate increase. <br />Administrative expenses due to bonding for the new field services building. <br />Administrative expenses for HR position that was filled in 2020. <br />Substation Apparatus Technician position (replacement of current Meter Reader <br />position). <br />Replacement of Pickup Truck #28 <br />Replacement of Digger Truck #10. <br />Replacement of Bore Rig #56. <br />Purchase of a Mini Skid. <br />Highway 169 Redefine project. <br />Landfill Gas Plant in-frame overhaul of engines #2, #3 and #4. <br />Electric Service Territory acquisition loss of revenue for Areas 1&2, 3&4, 5&6, and 7&8 <br />from reserves. <br />Power Plant Substation Relocation and Field Services Site Prep for new field services <br />building from reserves. <br />New Field Services Building from bonding. <br />______________________________________________________________________________ <br />Page 1 of 2 <br />73 <br />