2025 06 09 Work Session Packet 1

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Operating Budget 
Gas Division 
 
 
%  increas e ACTUAL
BUDGET BUDGE T P rojected (decreas e) PRIOR YEAR ACTUAL
2025-2026 2024-2025 June 30, 2025 June 30, 2025 06/30/24 02/28/25
REVENUE:
    Residential 3,270,766          2,960,000           2,865,582                    14.14% 2,630,295            1,874,003             
    Small Commercial 2,171,908          2,120,000           2,091,876                    3.83% 1,883,225            1,426,801             
    Large Commercial 1,117,949          1,200,000           990,853                       12.83% 896,040               697,064                
    Interruptible 1,097,645          1,760,000           1,032,762                    6.28% 1,253,225            644,757                
     CNG 21,324              15,000               20,674                        3.15% 16,078                12,475                 
    Fees and Other Gas Revenues 75,377              69,277               80,596                        -6.48% 73,577                53,886                 
Total Revenue 7,754,970          8,124,277           7,082,344                    9.50% 6,752,440            4,708,985             
     Purchased supply 4,173,140          5,224,000           3,700,413                    12.77% 3,674,670            2,782,093             
Contribution Margin 3,581,830          2,900,277           3,381,931                    5.91% 3,077,770            1,926,892             
OPERATING  EXPENSES:
     Distribution Expense 426,642            439,722             420,948                       1.35% 411,534               282,693                
     Customer Service and Customer Acct. Expense 389,660            374,202             384,499                       1.34% 375,561               261,932                
      Administrative and General Expense 905,623            692,685             916,522                       -1.19% 864,799               613,019                
Total operating expenses 1,721,925          1,506,608           1,721,969                    0.00% 1,651,894            1,157,644             
Maintenance Expense
    Distribution Expense 292,739            274,176             288,888                       1.33% 315,951               194,604                
    Administrative and General Expense 10,500              8,512                 10,200                        2.94% 12,841                4,382                   
Total Maintenance Expense 303,239            282,689             299,089                       1.39% 328,793               198,985                
Other Operating Expenses
     Depreciation 773,128            676,000             769,563                       0.46% 666,680               512,026                
    Tax Equivalents 223,000            240,000             241,670                       -7.73% 236,220               168,644                
Total Other Operating Expenses 996,128            916,000             1,011,233                    -1.49% 902,900               680,670                
Total O&M Expenses 7,194,431          7,929,297           6,732,704                    6.86% 6,558,256            4,819,392             
Income
Operating Income 560,539            194,980             349,640                       60.32% 194,184               (110,407)               
     Other Income 75,000              32,000               76,509                        -1.97% 85,434                58,480                 
Total Income 635,539            226,980             426,149                       49.14%
 279,618               (51,927)                
     Miscellaneous Income Deductions 20,650              10,500               18,695                        10.46% 9,252                  11,590                 
Total Income before Leased Related Expense 614,889            216,480             407,453                       38.68% 270,366               (63,517)                
Leased Related Expenses
Long-Term Lease CNG Payable Interest 601                   688                    709                             -15.28% 774                     468                      
Total Leased Related Expenses 601                   688                    709                             -15.28% 774                     468                      
Net Income Before Extraordinary 614,288            215,792             406,744                       53.96% 269,592               (63,985)                
Grants, Contributions and Extraordinary Income 100                   -                    4,545                          -97.80% -                      100                      
Net Revenues in Excess of Expenditures 614,388            215,792             411,289                       49.38% 269,592               (63,885)                
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