2025 06 09 Work Session Packet 1

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Power Division 
Five Year Income and Cash Projections 
 
 
 
 
2026 2027 2028 2029 2030
REVENUE:
    Residential Sales 20,804,516 21,220,606 21,432,812 21,647,140 21,863,612
    Small Commercial Sales 5,095,043 5,133,256 5,171,755 5,210,543 5,249,622
    Large Commercial Sales 32,861,223 33,107,682 33,355,990 33,606,159 33,858,206
    Street and Athletic Lighting 481,972 482,454 482,936 483,419 483,903
    Outdoor Lighting 629,600 635,896 642,255 648,677 655,164
    Other 2,000,122 2,013,122 2,026,208 2,039,378 2,052,634
   Total Revenue 61,872,475$      62,593,016$      63,111,956$      63,635,318$      64,163,141$  
Purchased Power 48,496,606 51,326,273 51,751,804 52,180,961 52,613,775
Contribution Margin 13,375,869$      11,266,743$      11,360,152$      11,454,357$      11,549,365$  
Operating Expenses 5,774,726         6,075,012         6,390,912         6,723,240         7,072,848      
Maintenance Expenses 1,984,535         2,065,901         2,150,603         2,238,777         2,330,567      
Depreciation Expense 2,620,000 2,737,900 2,861,106 2,989,855 3,124,399
Tax Equivalents 980,000 990,780 1,001,679 1,012,697 1,023,837
Other 3,100 7,000 7,000 7,000 7,000
Debt Expenses 85,703              85,703              76,887              67,944              58,842          
Grant
Net Income 1,927,805$        (695,553)$         (1,128,034)$       (1,585,156)$       (2,068,128)$   
CASH FLOW
Beginning Cash Estimate 7,073,251$        5,923,673$        4,180,448$        (9,727,054)$       (11,847,928)$ 
Depreciation 2,620,000         2,737,900         2,861,106         2,989,855         3,124,399      
Debt Service 356,453            279,750            283,750            288,750            292,750        
New Debt
Net Income 1,927,805         (695,553)           (1,128,034)        (1,585,156)        (2,068,128)     
Regular Capital Improvements 2,205,823         2,205,823         2,146,823         2,146,823         2,146,823      
New Capital Investments 3,861,000         2,290,000         14,410,000        2,470,000         1,670,000      
Vehicles 579,000            510,000            300,000            120,000            360,000        
Retirements and other 1,304,893         1,500,000         1,500,000         1,500,000         1,500,000      
Estimated Ending Cash 5,923,673         4,180,448         (9,727,054)        (11,847,928)       (13,761,229)   
Projected Ending Debt Balance 3,195,375$        2,915,625$        2,631,875$        2,343,125$        2,050,375$    
O&M and Depreciation 58,961,570$      62,290,789$      63,231,311$      64,200,777$      65,200,432$  
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