Transcription of LOGANSPORT MUNICIPAL UTILITIES
1 LOGANSPORTMUNICIPALUTILITIESL ogansport, SERVICE BOARDJay King, ChairmanMartin Monahan, Vice ChairmanMike Meagher, SecretaryMike Laird, MemberMark Bender, MemberMANAGEMENTPaul A. Hartman, SuperintendentLuAnn Davis, ControllerRobert Dunderman, Electric Distribution ManagerBrian DeWitt, Wastewater ManagerCameron Dillon, Water Department ManagerJulie Truax, Human Resources Manager2017 ANNUAL REPORTUTILITY SERVICE BOARDJay King, ChairmanMartin Monahan, Vice ChairmanMike Meagher, SecretaryMike Laird, MemberMark Bender, MemberMANAGEMENTPaul A.
2 Hartman, SuperintendentLuAnn Davis, ControllerRobert Dunderman, Electric Distribution ManagerBrian DeWitt, Wastewater ManagerCameron Dillon, Water Department ManagerJulie Truax, Human Resources Manager2017 ANNUAL TERM INDEBTEDNESS AS OF DECEMBER 31, 2017 OUTSTANDINGBONDS ISSUED BONDS RETIREDREVENUE BONDSINTEREST PAIDAS OFDURINGDURINGOUTSTANDING ASDURINGJ anuary 1, 201720172017OF 12/31/172017 ELECTRIC UTILITY-$ -$ -$ -$ -$ WATER UTILITY1,312, $-$ 201, $1,111, $36, $ SEWAGE UTILITY1,072, $-$ 224, $848, $ 27, $ STORMWATER13,830, $-$ 685, $13,145, $208, $ TOTALS16,214, $-$ 1,110, $15,104, $273, $ This is to certify that the data contained in this report is accurate to the best of my knowledge and TERM INDEBTEDNESSAs of December 31, DEPARTMENT BALANCE SHEETD ecember 31, 2017 ASSETS5, $ 2,614, $62, $ 2,677.
3 $ -$ -$ 1,322, $1,322, ,464, $-$ -$ -$ 3,039, $277, $ -$ 25, $ 177, $ 5,984, ,989, $85,456, $170, $ 85,626, ,884, ,742, $30,731, $ CURRENT ASSETS: Accounts Receivable-Customers .. Accounts Prepaid Expenses INVESTMENTS: Operating Fund (Savings) .. Bond Sinking Bond Construction Fund (Investment).. Depreciation Banked Vacation.
4 Employee Insurance Reserve .. Restricted Customer Total Current FIXED ASSETS: Plant in Service .. Construction Work in Less: Reserve for Net TOTAL DEPARTMENT BALANCE SHEETD ecember 31, DEPARTMENT BALANCE SHEET (Continued)December 31, 2017 LIABILITIES CURRENT LIABILITIES:2,361, $ -$ 407, $ 407, , ,947, $ 6,527, $ -$ 17,940, $3,316, $ $21,257, TOTAL LIABILITIES30,731, $ Accounts Current Portion (Bonds).
5 Accrued Customer Total Current Contributions in Aid .. Long Earned Current Year DEPARTMENT BALANCE SHEET (Continued)December 31, DEPARTMENT INCOME STATEMENTJ anuary 1, 2017 to December 31, 201737,124, $93, , , ,039, , ,558, $78, $ 29,685, ,158, ,015, , ,536, ,242, $3,316, $REVENUES: Electric Customer Customer Service Interest Fuel Adjustments Revenues .. Miscellaneous : Steam Power Purchased Distribution Administration & General Payroll & Revenue Receipts Interest Expense.
6 Depreciation ..INCOME TRANSFERRED TO DEPARTMENT INCOME STATEMENTJ anuary 1, 2017 to December 31, DEPARTMENT CASH FLOW ANALYSISJ anuary 1, 2017 to December 31, 2017(292, )$ 40,779, $25, $ 275, $ 216, $ 41,296, $.41,004, $3,236, $2,783, $29,685, $-$ (1,020, )$36,726, $4,277, $(4, )$ 501, $ 497, $ 3,780, $1,310, $2,469, $2,469, $Operating Cash Balance 1/01/17 SOURCE OF FUNDS: Net Revenue Interest from Misc. Non-Operating Revenues .. Contributions in Aid.
7 Total Cash USE OF FUNDS: Operation & Maintenance Administrative & General Purchased Coal, Oil and Less: Increase in Payables & Accruals .. Cash Available after Prepayments & Capital Net Cash Available from Transfer to Cash in Bank 12/31/17 .. Invested 12/31 DEPARTMENT CASH FLOW ANALYSISJ anuary 1, 2017 to December 31, DEPARTMENT CASH BALANCESD ecember 31, 201720162017 CASH BALANCES:(292, )$2,469, $1,506, $3,039, $262, $ 277, $ 275, $ 25, $ 165, $ 177, $ -$ -$ Cash Operating Depreciation Banked Vacation.
8 Insurance Restricted Customer Construction DEPARTMENT CASH BALANCESD ecember 31, DEPARTMENT INVESTMENT BALANCESJANUARY 1, 2017 TO DECEMBER 31, 20171,506, $ RECEIPTS:1,510, $23, $ 1,533, $3,039, $-$ -$ 3,039, $275, $ RECEIPTS:-$ $ $ 275, $ 250, $ -$ 25, $ 165, $ RECEIPTS:10, $ 1, $ 12, $ 177, $ -$ -$ 177, $ -$ RECEIPTS:-$ -$ -$ -$ -$ -$ ELECTRIC DEPRECIATION AND REPLACEMENT: Balance, January 1, Interest Total Balance and Disbursements.
9 Balance, December 31, INSURANCE RESERVE: Balance, January 1, Interest Total Balance and Disbursements .. Balance, December 31, CUSTOMER DEPOSITS: Balance, January 1, Interest Total Balance & Disbursements .. Balance, Dece mber 31, CONSTRUCTION: Balance, January 1, Interest Total Balance & Disbursements .. Balance, December 31, DEPARTMENT INVESTMENT BALANCESJ anuary 1, 2017 to December 31, DEPARTMENT 2017 ANNUAL STATISTICS REPORTK ilowatt Hours Produced by MonthGENERATEDPURCHASEDTOTAL037,061,2873 7,061,287031,986,53031,986,530035,198,92 135,198,921031,325,52631,325,526034,429, 42434,429,424038,843,07038,843,070042,19 5,50442,195,504039,790,73139,790,731035, 948,58435,948,584034,913,30134,913,30103 4,620,15234,620,152037,214,88237,214,882 0433,527,912433,527,9120000433,527,91243 3,527, MILLS20162017431,583,192414,490.
10 0300%100%$ 85,124, $ 85,456, $ $ 170, $ $ ,51912, ..SEPTEMBER .. GROSS USED BY LIGHT PLANT .. NET Energy Delivered to of Energy Purchased ..Property/Plant Number of Meters in DEPARTMENT 2017 ANNUAL STATISTICS REPORTK ilowatt Hours Produced by ELECTRIC TRANSMISSION/DISTRIBUTION SYSTEMS STATISTICSAs of December 31, 20172017 STREET LIGHTS201620171,9332,12537237210 (Boulders) 10 (Boulders)11 (Chase Rd.) 11 (Chase Rd.)192036336377171171550103,0643,053201 7 UTILITY Watt High Pressure Watt High Pressure Watt High Pressure Watt High Pressure Watt Mercury Watt High Pressure Watt Mercury Watt Pressure Sodium LED Lights (Eel River Avenue).
