Report on Income & Finance WORKING · Platte South - Replace Cl2 scrubber caustic with Dry System (timing) Florence - Chemical feed building (AMSEI improvements & feed system improvement

September 2019

Metropolitan Utilities District Report on Income & Finance

2

Water OperationsCurrent Month – September 2019

$12.4

$14.4

$11.3

$‐

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

$14.0

$16.0

Net Operating Revenue

Net Operating Revenue(Net of Bad Debt)

(in mi llions)

Actual Budget Prior Year

2.81

3.60

2.88

‐

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

Thousands of Gallons Sold

Volumes ‐ Billions of Gallons Sold


$0.5 $0.6 $0.8

$8.2 $8.3 $7.0

$‐

$2.0

$4.0

$6.0

$8.0

$10.0


Operating Expenses & Other(Includes Nonoperating Revenues / Expenses)

(in mi llions)

Nonoperating Revenues / ExpensesActual Budget Prior Year

$8.9$7.8

$3.7

$5.5

$3.5

$‐

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

Net Income(in mi llions)


$8.7

D

3

Water OperationsExecutive Summary

September 2019

Revenue: Millions• September Water sales revenues of $12.4 million were unfavorable to budget by $2.0 million, or 13.9%, as follows:

(2.1)$

All other non-volume related 0.1$

• September Water sales revenues of $12.4 million were favorable to prior year by $1.1 million, or 9.2%, as follows:0.9$

All other non-volume related 0.2$

Volumes:• Water volumes were unfavorable to budget by 21.8% and unfavorable to prior year by 2.3%

Operating Expenses & Other:• September operating and other expenses of $8.7 million were favorable to budget by $0.2 million, or 2.7%, as follows:

0.1$

Decreased Depreciation expense (Capital spending is $12.1 million below budget through September) 0.2$

(0.1)$

•0.2$

$ (0.7)

(0.1)$

All other, net (0.3)$

Net Income:• September's net income of $3.7 million was unfavorable to budget by $1.8 million, or 32.2%, and favorable to prior year by $0.2 million, or 6.9%

Decreased metered sales of water due to volumes that were down by 21.8% vs. budget

September operating and other expenses of $8.7 million were unfavorable to prior year by $0.9 million, or 10.2%, as follows:

Increase in Distribution Maintenance expense primarily due to an increase in water main breaks (40 breaks in Sept. 2019 vs. 18 breaks in Sept. 2018)

Increased Purification Maintenance expense partially due to flood repair expense (much of this will ultimately be recovered via our third-party insurance coverage)

Increased Purification Maintenance expense partially due to flood repair expense (much of this will ultimately be recovered via our third-party insurance coverage)

Increased metered sales of water primarily due to impact of July 1 rate increase

Increased earnings on invested cash balances

Increased earnings on invested cash balances

4

Water OperationsYear-To-Date September 2019

$93.6

$99.0

$93.4

$75.0

$80.0

$85.0

$90.0

$95.0

$100.0

$105.0


Net Operating Revenue(Net of Bad Debt)

(in mi llions)


22.19 23.35 22.88

‐

5.00

10.00

15.00

20.00

25.00

Thousands of Gallons Sold

Volumes ‐ Billions of Gallons Sold


$4.3 $5.3 $5.2

$70.9 $72.2 $67.6

$‐

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

$70.0

$80.0

$90.0


Operating Expenses & Other (Includes Nonoperating Revenues / Expenses)

(in mi llions)


$77.5$72.8

$18.4

$21.5 $20.6

$13.0 $14.0 $15.0 $16.0 $17.0 $18.0 $19.0 $20.0 $21.0 $22.0 $23.0

Net Income



$75.2

□

Millions Over(Under) Budget

(3.2)$

(1.7)$

(0.5)$

(0.9)$ (0.3)$

(0.2)$

(0.2)$

(0.2)$

(0.1)$

(0.5)$

1.1$

(0.4)$

0.8$ (3.5)$ (2.1)$ (0.2)$

(12.1)$

Platte South - Replace Cl2 scrubber caustic with Dry System (timing)

Florence - Chemical feed building (AMSEI improvements & feed system improvement - timing)

Platte West - Misc. projects (timing)

Florence - All otherFlorence - Basin 1, 2, & 3 rehabilitation - Design (timing)

Platte South - Repair/replace plant cathodic protection system (timing)

Platte South - Replace Wellfield Electrical (timing)

Mains - All other Mains-Cast Iron

Construction Machines (timing)All other, net

Platte South - All otherPlatte West- Solids Contact Units Water/Air Line Replacement (timing)

Buildings, Land & Equipment-West Dodge Pump Station land purchase (timing - planned to purchase in 2018)Buildings, Land & Equipment-West Dodge Pump Station design (timing)

Florence - Low Service Pump House - Architectural, Structural, Mechanical and Electrical Improvements - Design & Construction (timing)

5

Water Capital ExpendituresYear-To-Date September 2019

($ in millions)

• The Water Department's September year-to-date capital expenditures of $33.4 million were $12.1 million less than budget, as follows:

$10.1 $9.3 $5.4

$13.1 $16.6

$15.3

$8.5

$15.6

$8.6

$1.7

$4.0

$2.0

$‐

$5.0

$10.0

$15.0

$20.0

$25.0

$30.0

$35.0

$40.0

$45.0

$50.0

Actual Budget Prior YearCast Iron Main - Abandon/Replace Other Mains & DistributionBuildings, Land, Equip Machines, Furniture, Other


$33.4

$45.5

$31.3

□

□ □ □ □ □ □ □ □ □ □ □ ■

■ □ □ □ □ □

• On September 30, 2019, the Water Department cash and restricted funds totaled $120.2 million; unrestricted cash totaled $81.1 million, as depicted below:

6

Cash Position – Water DepartmentSeptember 30, 2019

Water Department - Total Cash($ in millions)

12/31/2018 9/30/2019 Change

Cash Per Balance Sheet 123.6$ 120.2$ (3.4)$ Less Restricted Cash:

2018 Bond Project Fund (proceeds remaining) 32.0$ 23.3$ (8.7)$ Bond Sinking Fund - 2012, 2015 & 2018 bonds (To pay interest & principal payments) 1.7$ 12.6$ 10.9$ Bond Reserve Fund - Deposit in Lieu of Insurance (2012 bonds) 3.0$ 3.0$ -$

Platte West Environmental Fund 0.2$ 0.2$ -$ Subtotal Restricted Cash 36.9$ 39.1$ 2.2$ Unrestricted Cash 86.7$ 81.1$ (5.6)$ Components of Unrestricted Cash

Customer Deposits and Credit Balances 4.9$ 3.0$ (1.9)$ Sewer Fees Collected but not Remitted 13.7$ 14.0$ 0.3$ Customer Advances for Construction 19.2$ 25.3$ 6.1$ WIR Funds Collected but not Expended 31.7$ 32.8$ 1.1$ Cash Reserves 17.3$ 6.0$ (11.3)$

Days Cash on Hand (Unrestricted Cash) 417 374 (43)

Cash Required to meet 180 Day Goal 37.5$ 39.0$

Unrestricted Cash Balance Over (Short) of 180 Day Goal 49.2$ 42.1$

0

$90.0

$85.0

= ... , _ _...) ===-$80.0

$75.0

$70.0

$65.0

$86.7

417

Dec-18

C)

Water - Unrestricted Cash ($ in millions)

430

410

390

370

350

330 Mar-19 Jun-19 J ul-19 Aug-19 Sep-19

c::::::::J Cash -□ays Cash-On-Hand

7

Gas OperationsCurrent Month – September 2019

$5.7 $5.9 $6.6

$‐

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0


Net Operating Revenue (Net of Gas Costs & Bad Debt)

(in mi llions)

Actual Budget Prior YearActual Budget Prior YearActual Budget Prior Year

1.11

0.90

1.05

‐

0.20

0.40

0.60

0.80

1.00

1.20

Dth Sold

Volumes ‐ Dth Sold(in mi llions)


$(0.2) $(0.1)

$6.0 $6.3 $5.9

$(2.0)

$‐

$2.0

$4.0

$6.0

$8.0

Operating Expenses & Other (Includes Nonoperating Revenues / Expenses)

(in mi llions)


$(0.1)

$(0.4)

$0.8

$(0.6)

$(0.4)

$(0.2)

$‐

$0.2

$0.4

$0.6

$0.8

$1.0



$5.8 $6.3 $5.8-

-

--

□

8

Gas OperationsExecutive Summary

September 2019

Revenue: Millions•

(0.2)$

•

(0.9)$

Volumes:• Gas volumes were favorable to budget by 23.2% and favorable to prior year by 6.1%

Operating Expenses & Other:• September operating and other expenses of $5.8 million were $0.5 million, or 7.1%, favorable to budget, as follows:

Increased earnings on invested cash balances 0.1$

Decreased Distribution Maintenance expense due to lower cross bore inspection expense 0.1$

0.3$

• September operating and other expenses are virtually equal to prior year

Net Income:• September's net loss of $0.1 million is $0.3 million favorable to budget and $0.9 million unfavorable to prior year

Decreased fixed components of revenue (Service Charge and Infrastructure revenue) - customer count less than budget

All other, net

September Gas net revenues of $5.7 million were unfavorable to budget by $0.2 million, despite volumes that were 23.2% favorable to budget, as follows:

September Gas net revenues of $5.7 million were unfavorable to prior year by $0.9 million, or 13.1%, despite volumes that were 6.1% favorable to prior year, as follows:

Decreased net gas sales revenue due to mix amongst various customer types

9

Gas OperationsYear-To-Date September 2019

$76.7

$72.2

$78.2

$68.0

$70.0

$72.0

$74.0

$76.0

$78.0

$80.0


Net Operating Revenue(Net of Gas Costs & Bad Debt)

(in mi llions)


25.19

20.70

23.99

‐

5.00

10.00

15.00

20.00

25.00

30.00

Dth Sold

Volumes ‐ Dth Sold(in mi llions)


$56.3 $57.1 $56.1

$(0.7) $(0.5) $(0.4)

$(10.0)

$‐

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

$70.0


(in mi llions)


$21.1

$15.6

$22.5

$‐

$5.0

$10.0

$15.0

$20.0

$25.0

Net Income



$55.6 $56.6 $55.7

□

Millions Over(Under) Budget

8.3$

(6.6)$

(2.4)$

(1.5)$

(0.7)$

(0.5)$

(0.4)$

(0.3)$

(0.2)$

(0.4)$

(0.4)$

(0.3)$

(0.3)$

(0.1)$

(0.4)$

(1.8)$

(0.9)$

Motor Vehicles (timing) (2.4)$

Furniture, Equipment & All Other 1.2$ (10.1)$

Buildings, Land and Equipment - Fence replacement and detection system at LNG (timing)

Mains - Other Mains & Distribution

Main - Cast Iron Mains and Services (Abandon/Replace) (timing)

Information Technology - Business Process Consolidation/Planning (timing)

Buildings, Land & Equipment-Purchase of 7350 World Communications Drive (incl associated fees & overheads)

Information Technology - All other

Buildings, Land and Equipment - Write-off book value of Downtown Structures & Land due to sale

Buildings, Land and Equipment - Propane Air 117th St. - Logging, Casing Sleeve, Water Pump Replacement (timing)

Information Technology - Network Switch Replacement

Information Technology - Platte West SCADA Upgrade and Hardware Replacement

Buildings, Land and Equipment - Facility Updates (Unspecif ied)

Buildings, Land and Equipment - LNG tank modifications (timing)

Information Technology - Environment, Health and Safety (EHSM) (timing)

Buildings, Land and Equipment - Construction Center Roof Replacement (timing)

Buildings, Land and Equipment - All other

Information Technology - SuccessFactors Employee Central (Benefits/Workforce related - timing)

Buildings, Land and Equipment - Perimeter fence replacement at Operating center (timing)

10

Gas Capital ExpendituresYear-To-Date September 2019

($ in millions)

• The Gas Department's September year-to-date capital expenditures of $27.6 million are $10.1 million less than budget, as follows:

$12.1 $13.9 $12.8

$8.5 $9.4

$9.1 $0.8

$2.7

$1.0 $2.5

$6.8

$2.3 $3.7

$4.9

$3.3

$‐

$5.0

$10.0

$15.0

$20.0

$25.0

$30.0

$35.0

$40.0

Vehicles, Equip, Other Buildings, Land, EquipInformation Technology Other Mains & DistributionCast Iron Mains & Services - Replace


$27.6

$37.7

$28.5

□ □ □ □ □ □ □ □ □ □ □ □ □ □ ■

D

D

D

■

a §

11

Cash Position – Gas DepartmentSeptember 30, 2019

• On September 30, 2019, the Gas Department cash and restricted funds totaled $138.6 million; unrestricted cash totaled $132.1 million, as depicted below.

Gas Department - Total Cash($ Millions)

12/31/2018 9/30/2019 Change

Cash per Balance Sheet 125.5$ 138.6$ 13.1$ Less Restricted Cash:

2018 Bond Project Funds (proceeds remaining) 16.5$ 5.2$ (11.3)$ Bond Sinking Fund-2018 (To pay interest & principal payments) 0.2$ 1.3$ 1.1$

Subtotal Restricted Cash 16.7$ 6.5$ (10.2)$ Unrestricted Cash 108.8$ 132.1$ 23.3$ Components of Unrestricted Cash

Customer Deposits and Credit Balances 17.1$ 15.7$ (1.4)$ Customer Advances for Construction 0.7$ 0.7$ 0.0$ GIR Funds Collected but not Expended -$ 0.2$ 0.2$ Cash Reserves 91.0$ 115.5$ 24.5$

Days Cash on Hand (Unrestricted Cash) 216 258 42

Cash Required to meet 180 Day Goal 90.8$ 92.1$

Unrestricted Cash Balance Over (Short) of 180 Day Goal 18.0$ 40.0$

C)

C) $140.0

$135.0

$130.0

$125.0

$120.0

$115.0

$110.0

$105.0

$100.0

$95.0

0 Gas - Unrestricted Cash

($ in millions)

-------------- $137.7 ---~ 280

270

260

250

240

230

220

210 Dec-18 Mar-19 Jun-19 Jul-19 Aug-19 Sep-19

c:::::::::J Cash - Days Cash-On-Hand

12

Gas & Water CombinedCurrent Month – September 2019

$5.7 $5.9 $6.6

$12.4 $14.4 $11.3

$‐

$4.0

$8.0

$12.0

$16.0

$20.0

$24.0



(in mi llions)

Gas WaterActual Budget Prior Year

$17.9$20.3

$18.1

1.11 0.90 1.05

2.81

3.60

2.88

‐

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00


Volumes(Gas: Dth Sold; Water: Bil l ions of Gallons Sold)


$5.8 $6.3 $5.8

$8.7 $8.9

$7.8

$‐

$5.0

$10.0

$15.0

$20.0



(in mi llions)


$13.6$15.2$14.5

$(0.1) $(0.4) $0.8

$3.7 $5.5 $3.5

$(1.0)

$‐

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0



$4.3

$5.1

$3.6

• D • D

• D • D

13

Gas & Water CombinedYear-To-Date September 2019

$76.7 $72.2 $78.2

$93.6 $99.0 $93.4

$‐

$25.0

$50.0

$75.0

$100.0

$125.0

$150.0

$175.0

$200.0



(in mi llions)


$171.6$171.2$170.3 25.19

20.70 23.99

22.19 23.35 22.88

‐

5.00

10.00

15.00

20.00

25.00

30.00


Volumes(Gas: Dth Sold; Water: Bil l ions of Gallons Sold)


$55.6 $56.6 $55.7

$75.2 $77.5 $72.8

$‐

$50.0

$100.0

$150.0


(in mi llions)


$128.5$134.1$130.8

$21.1 $15.6 $22.5

$18.4 $21.5

$20.6

$‐

$10.0

$20.0

$30.0

$40.0

$50.0




$43.1$37.1

$39.5

■ □ ■ □

■ □ ■ □

14

PersonnelAs of September 30, 2019(Water & Gas Combined)

• The active payroll for September was $5.6 million, compared with $5.7 million in budget and $5.3 million in prior year.

• At September 30th, there were 804 regular full-time employees, compared with 820 in budget and 807 at September 30, 2018.

• At September 30th, there were 5 regular part-time employees, compared with 7 in budget and 8 at September 30, 2018.

804

820807

5

7

8

760

770

780

790

800

810

820

830

840

2019 Actual 2019 Budget 2018 ActualFull‐Time Part‐Time

2019 Actual 2019 Budget 2018 Actual

809

827

815

• • -• -• • • -■ □

15

Personnel TrendThrough September 2019(Water & Gas Combined)

800

805 804 805

801

796 795 797

804

826 826 824

822 822 821 821 820 820 820 820 820

760

770

780

790

800

810

820

830

840

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Full‐Time Employees

2019 Actual 2019 Budget 2018 Actual- -

16

Overtime Hours TrendThrough September 2019(Water & Gas Combined)

4,897

6,304

8,049

7,137 6,892

7,311

8,911

8,180

7,084

5,794

4,744 4,934 4,986

5,185

6,182

6,692

5,732 5,630 5,655 5,489

4,742

2,500

3,500

4,500

5,500

6,500

7,500

8,500

9,500

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2019 Actual 2019 Budget 2018 Actual

2019 2019 2018 2019 2019 2018Actual Budget Actual vs. Budget vs. 2018 Actual Budget Actual vs. Budget vs. 2018

Overtime Hours 7,083.5 5,630.0 6,252.5 (1,453.5) (831.0) 64,763.0 49,879.0 58,298.3 (14,884.0) (6,464.7) Overtime Dollars 390,472$ 313,633$ 338,359$ (76,839)$ (52,113)$ 3,508,584$ 2,747,835$ 3,130,057$ (760,749)$ (378,527)$

Favorable/(Unfavorable) Favorable/(Unfavorable)Month of September Year‐To‐Date September

- -

17

Overtime Hours Trend (continued)September 2019

(Water & Gas Combined)

Favorable(Unfavorable)

vs. BudgetConstruction (1) (531.0) Field Services (2) (354.0) Water Distribution (3) (185.0) Safety, Security, Locating, Dispatch (4) (183.5) Plant Engineering (5) (183.0) Florence (6) (130.5) All other, net 113.5

(1,453.5)

(1)

(2)

(3)

(4)(5)

(6)

Increased overtime due to ramp‐up of gas and water infrastructure replacement projects

Increased overtime due to additional project management and inspection required on water infrastructure replacement projects

Increased overtime primarily due to an increase in the number of commercial gas service requests, and projects scheduled during overtime hours in order to minimize customer impact

Increased overtime primarily due to reduced staffing due to medical leaves

Overtime hours for the month totaled 7,083.5 as compared with 5,630.0 in budget and 6,252.5 in prior year.Overtime hours were 1,453.5 greater than budget, as follows:

Increased overtime driven by utility locating due to a large number of fiber projects currently taking place in the Omaha area

Increased overtime due to emergencies (main breaks), after hours shut‐off's and maintenance

Revenues Water sales Infrastructure charge Other

Total revenues

Revenue Deductions Operating & Maintenance

Other Total expenses

Other Expense (Income)

Net Income (Loss)

Thousands of gallons sold

Number of customers

Plant Additions & Replacements

$

$

Actual

10,733,058 1,247,028

375,529

12,355,615

6,775,778

1,400,640

8,176,418

453,634

3,725,563

2,813,244

217,685

Current Month

$

$

Budget

12,871,631

1,237,886 247,325

14,356,842

6,694,180

1,586,929 8,281,109

584,043

5,491,690

3,598,000

218,268

$

$

Prior Year

9,851,319 1,229,501

232,911

11,313,730

5,618,332

1,382,463 7,000,795

827,274

3,485,662

2,879,527

215,880

$ 5,166,372 $ 5,041,388 $ 3,569,970

METROPOLITAN UTILITIES DISTRICT OF OMAHA WATER DEPARTMENT

FINANCIAL VARIANCE REPORT FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018

Current Month Variance Vs. Budget Variance Vs. Prior Year September Year to Date

% Over (Under)

(16.61)% .74%

51.84 %

(13.94)%

1.22 %

(11.74)%

(1.26)%

(22 .33)%

(32 .16)%

(21.81)%

(.27)%

$

$

$/# Over % Over (Under) (Under)

(2,138,573) 8.95 % 9,142 1.43 %

128,204 61.23 %

(2,001,227) 9.21 %

81,598 20.60 %

(186,289) 1.31 %

(104,691) 16.79 %

(130,409) (45.17)%

(1 ,766,127) 6.88 %

(2 .30)%

.84%

$

$

$/# Over (Under)

881,739 17,527

142,619

1,041 ,884

1,157,446

18,177 1,175,622

(373,639)

239,901

(66,283)

1,805

$

$

Actual Budget

79,565,098 $ 84,800,925 $ 11,097,166 11,079,450 2,973,036 3,159,275

93,635,300 99,039,650

58,515,712 58,701,624

12,399,439 13,493,313 70,915,151 72,194,937

4,364,945 5,333,702

18,355,204 $ 21,511,011 $

22,188,121 23,353,760

Prior Year

79,350,186 11,003,448

3,038,147

93,391,781

55,181,796

12,370,972 67,552,767

5,207,534

20,631,479

22,879,580

2.48 % $

(784,756)

(583)

124,984 44.72 % $ 1,596,402 $ 33,414,019 $ 45,510,570 $ 31,287,824

September Year to Date Variance Vs. Budget Variance Vs. Prior Year

% Over $/# Over % Over $/# Over (Under) (Under) (Under) (Under)

(6.17)% $ (5,235,827) .27% $ 214,912 .16 % 17,716 .85 % 93,718

(5.89)% (186,239) (2.14)% (65,1 11)

(5.46)% (5,404,350) .26 % 243,519

(.32)% (185,912) 6.04 % 3,333,916

(8.11)% (1 ,093,874) .23% 28,467

(1 .77)% (1,279,786) 4.98 % 3,362,383

(18.16)% (968,757) (16.18)% (842 ,589)

(14.67)% $ (3 ,155,807) (11.03)% $ (2,276,275)

(4.99)% (1,165,639) (3 .02)% (691,459)

(26.58)% $ (12,096,551) 6.80 % $ 2,126,195

METROPOLITAN UTILITIES DISTRICT OF OMAHA GAS DEPARTMENT

FINANCIAL VARIANCE REPORT FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018

Current Month September Year to Date Current Month Variance Vs. Budget Variance Vs. Prior Year September Year to Date Variance Vs. Budget Variance Vs. Prior Year

% Over $/# Over % Over $/# Over % Over $/# Over % Over $/# Over Actual Budget Prior Year jUnderl jUnderl jUnderl jUnder} Actual Budget Prior Year jUnder} jUnderl jUnderl jUnder}

Revenues Gas Sales $ 7,225,360 $ 6,832 ,241 $ 8,103,166 5.75 % $ 393,119 (10.83)% $ (877,806) $ 146,872,369 $ 121,425,270 $ 144,353,757 20.96 % $ 25,447,099 1.74 % $ 2,518,612 (Over)/under gas recovery (22,944) (256,983) (22 ,944) (91.07)% 234,039 186,951 1,230,325 186,951 (84.80)% (1 ,043,374) Infrastructure charge 1,097,365 1,096,867 1,082,812 .05% 498 1.34 % 14,553 9,843,435 9,846,663 9,794,421 (.03)% (3,228) .50% 49,015 Other 290,770 405,821 325,081 (28.35)% (115,052) (10.55)% (34,311) 3,440,352 3,660,963 3,628,641 (6.03)% (220,611) (5.19)% (188,289)

Total revenues, net 8,590,550 8,334,929 9,254,076 3.07% 255,621 (7.17)% (663,525) 160,343,107 134,932,896 159,007,143 18.83 % 25,410,211 .84 % 1,335,964 Less: Natural gas purchased for resale 2,957,674 2,540,811 2,756,263 16.41 % 416,863 7.31 % 201 ,411 85,282,257 64,357,737 82,488,862 32.51 % 20,924,520 3.39 % 2,793,395 Gas purchase discount earned (93,075) (93,075) (93,500) (.45)% 425 (1 ,664,768) (1,664,765) (1,671 ,750) (3) (.42)% 6,982

Operating revenues, net of gas cost 5,725,952 5,887,193 6,591 ,313 (2.74)% (161,241) (13 .13)% (865,361) 76,725,617 72,239,924 78,190,031 6.21 % 4,485,693 (1 .87)% (1,464,414)

Revenue Deductions Operating & Maintenance 4,448,111 4,804,458 4,428 ,016 (7.42)% (356,347) .45% 20,095 40,926,778 42,601,571 41 ,591,617 (3.93)% (1,674 ,793) (1 .60)% (664,839) Other 1,531 ,122 1,512,621 1,456,481 1.22 % 18,501 5.12 % 74,641 15,340,505 14,541 ,259 14,524,765 5.50 % 799,246 5.62 % 815,740

Total operating expenses 5,979,234 6,317,079 5,884,497 (5.35)% (337,845) 1.61 % 94,736 56,267,283 57,142,830 56,116,382 (1 .53)% (875,547) .27% 150,901

Other expense (income) (151,382) (41,766) (126,332) (262.45)% (109,616) (19.83)% (25,050) (674,267) (503,677) (466,499) (33.87)% (170,590) 44.54 % (207,768)

Net Income (Loss) $ (101 ,900) $ (388,120) $ 833,148 73.75 % 286,220 (112.23)% (935,048) $ 21 ,132,601 $ 15,600,771 $ 22,540,148 35.46 % 5,531 ,830 (6.24)% (1,407,546)

Total Sales Adjusted for Unbilled Sales 1,110,885 901 ,880 1,047,543 23.17 % 209,005 6.05 % 63,342 25,193,142 20,701 ,120 23,990,981 21 .70 % 4,492,022 5.01 % 1,202,161

Heating degree days 4 88 68 (95.45)% (84) (94 .12)% (64) 3,892 3,680 3,890 5.76 % 212 .05 % 2

Number of customers 231 ,120 232 ,972 229,442 -0.79% (1,852) .73 % 1,678

Plant Additions & Replacements $ 3,828,144 $ 4,109,338 $ 3,031 ,887 (6.84)% (281,194) 26.26 % 796,257 $ 27,629,045 $ 37,688,835 $ 28,524,582 (26.69)% (10,059,790) (3.14)% (895,537)

Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Budget Budget Budget Projection Projected LTD2008 - 2018 January February March April May June July August September October November December YTD ACT/EST Through 2019

GASGas Infrastructure Revenue $137,989,157 1,095,414 $1,041,506 $1,133,943 $1,106,288 $1,096,547 $1,100,767 $1,079,432 $1,092,174 $1,097,365 $1,097,582 $1,098,297 $1,099,573 $13,138,887 $151,128,045GIR Bad Debt ($157,208) - - - - - - - - - - - - $0 ($157,208)Gas Dept Bond Offering-Project Fund $16,549,082 14,780,906$ 14,604,346$ 12,890,059$ 12,412,763$ 11,575,866$ 9,786,862$ 9,178,048$ 6,675,548$ 5,187,382$ 2,903,959$ 738,215$ -$

Expenditures GCI Mains per G-21 $75,458,140 543 $1,064,112 $338,203 $557,127 $1,038,627 $262,549 $1,168,630 $776,380 $1,142,575 $1,442,427 $1,257,289 $1,152,623 $10,201,085 $85,659,225 Abandonments - approximate* 8,409,662 15,842 5,599 16,901 39,151 52,124 27,352 100,026 18,472 4,489 $279,955 $8,689,617 GIR services per G-21 $61,357,382 219,570 $685,765 $164,244 $310,876 $777,006 $363,906 $1,337,219 $739,206 $1,140,848 $723,317 $723,317 $723,313 $7,908,587 $69,265,969 GIR service reconnections per G-3 $12,636,894 100,318 $92,869 $96,455 $153,803 $222,278 $219,764 $438,419 $335,227 $319,952 $336,314 $244,321 $112,109 $2,671,829 $15,308,722 Regulator Stations per G-21 $630,082 - - - - - - - - - - - - $0 $630,082TOTAL EXPENDITURES $158,492,160 336,272 1,848,344 615,803 1,060,957 2,090,036 873,570 3,044,294 1,869,286 2,607,864 2,502,058 2,224,927 1,988,045 $21,061,456 $179,553,615NET CURRENT YEAR (20,660,210) 759,142 (806,839) 518,140 45,331 (993,489) 227,197 (1,964,862) (777,111) (1,510,499) (1,404,476) (1,126,630) (888,472) (7,922,568) (28,582,779)

LIFE-TO-DATE ACTUAL/PROJECTED - Pre Bond (Impact on Operating Cash) (20,660,210) (19,901,068) (20,707,907) (20,189,767) (20,144,436) (21,137,925) (20,910,728) (22,875,590) (23,652,702) (25,163,201) (26,567,677) (27,694,307) (28,582,779)

GIR Capital Expenditures Funded by BondGCI Mains per G-21 $8,568,496 1,413,035 543 1,064,112 338,203 557,127 1,038,627 262,549 1,168,630 776,380 1,142,575 1,442,427 $780,885 9,985,092 18,553,588GIR Services per G-21 $7,613,300 403,126 219,570 685,765 164,244 310,876 777,006 363,906 1,337,219 739,206 1,140,848 723,317 - 6,865,084 14,478,383Total Funded By Bond 16,181,795 1,816,161 220,113 1,749,877 502,447 868,003 1,815,634 626,455 2,505,849 1,515,586 2,283,423 2,165,744 780,885 16,850,176 33,031,971

Transfer to Sinking Fund for Bond Interest & Principal Payments $699,600 187,152 187,178 187,202 188,348 188,590 188,040 188,225 188,495 188,702 1,691,931 2,391,531

LIFE-TO-DATE ACTUAL/PROJECTED - Post Bond (Impact on Operating Cash) (5,178,015) (2,789,863) (3,563,767) (1,482,952) (1,123,522) (1,437,599) 417,192 (1,109,441) 430,802 247,188 1,126,135 2,165,249 2,057,661 2,057,661

Cast Iron Mains Abandoned-Qtr (Miles) 0.60 3.56 19.04Cast Iron Mains Abandoned-YTD (Miles) 38.09 0.60 4.16 23.20Cast Iron Miles of Main Remaining 279.88 279.28 275.72 256.68

*1 Note: There is a one-month lag in reimbursing "operating cash" from

2019 - GAS INFRASTRUCTURE REPLACEMENT - REVENUE & EXPENSE SUMMARY

G:\GA\Cast Iron Replacement\GIR WIR report 2019 2019 11/3/201910:37 AM

Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Budget Budget Budget Projection Projected LTD2008 - 2018 January February March April May June July August September October November December YTD ACT/EST Through 2019

WATERWater Infrastructure Revenue $136,280,623 1,227,757 1,161,054 1,275,718 1,235,429 1,235,668 1,244,822 1,223,135 1,246,555 1,247,028 1,235,974 1,233,160 1,233,386 $14,799,686 $151,080,309Water Infrastructure Revenue - Commodity 297,858 635,388 466,237 448,518 235,546 212,665 $2,296,212 $2,296,212WIR Bad Debt ($70,700) - - - - - - - - - - - - $0 ($70,700)

Expenditures WCI Mains per W-2 $87,004,861 568,151 380,120 563,520 770,102 933,253 1,323,814 1,986,756 1,402,405 2,203,167 1,302,500 893,500 525,000 $12,852,288 $99,857,149 Abandonments - approximate* $2,830,375 631 2,582 25,798 27,123 30,534 7,876 10,966 18,233 2,151 $125,892 $2,956,267 Service Reconnections W-2 ** $14,667,820 73,572 93,099 15,578 109,081 149,314 129,697 337,227 124,415 137,584 138,302 138,302 138,300 $1,584,470 $16,252,290TOTAL EXPENDITURES $104,503,056 642,354 475,801 604,895 906,306 1,113,100 1,461,387 2,334,949 1,545,054 2,342,902 1,440,802 1,031,802 663,300 $14,562,651 $119,065,706NET CURRENT YEAR 31,706,867 585,403 685,254 670,823 329,123 122,568 (216,566) (813,955) 336,889 (629,637) 243,690 436,904 782,751 2,533,248 34,240,115

LIFE-TO-DATE ACTUAL/PROJECTED (Impact on Operating Cash) 31,706,867 32,292,270 32,977,524 33,648,347 33,977,470 34,100,038 33,883,473 33,069,518 33,406,407 32,776,770 33,020,460 33,457,364 34,240,115

Cast Iron Mains Abandoned-Qtr (Miles) 0.10 0.32 6.28Cast Iron Mains Abandoned-YTD (Miles) 8.09 0.10 0.42 6.70Cast Iron Miles of Main Remaining 1,190.30 1,190.20 1,189.88 1,183.60

*Abandonment budget figures are included in the CI Main budget figures

2019 - WATER INFRASTRUCTURE REPLACEMENT - REVENUE & EXPENSE SUMMARY

G:\GA\Cast Iron Replacement\GIR WIR report 2019 2019 11/3/201910:37 AM

METROPOLITAN UTILITIES DISTRICT A-12a PAYROLL BY DEPARTMENTS AND DIVISIONS SEPTEMBER 2019

FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018 Month of Seetember Nine Months Ending Seetember

2019 2019 2018 2019 2019 2018 Actual Budget Actual Actual Budget Actual

President's Office $ 120,495 $ 126,757 $ 123,049 $ 1,191,318 $ 1,129,087 $ 1,120,509 Top level reductions 0 (53,108) 0 0 (477,970) 0

120,495 73,649 123,049 1,191,318 651,117 1,120,509

Human Resources - Vice President - Savine 66,968 79,142 66,075 666,718 706,733 654,202 Law 59,650 58,874 59,081 537,514 523,778 568,228

Senior Vice President - Mendenhall 126,618 138,016 125,156 1,204,232 1,230,511 1,222,430

Safety and Security - Vice President - Hunter 263,609 75,637 58,760 1,103,348 680,878 546,023

Field Services Administration 92,083 183,491 88,282 1,473,657 1,667,781 834,554 Field Services 642,119 657,391 613,350 5,884,838 5,935,809 5,787,929

Vice President - Melville 734,202 840,882 701 ,632 7,358,496 7,603,590 6,622,483

Senior Vice President - Ausdemore 997,811 916,519 760,392 8,461,844 8,284,468 7,168,506

Information Technology 439,269 448,759 396,572 3,822,423 4,018,789 3,845,838 Measurement 80,038 87,868 69,804 706,688 822,554 752,288 Maintenance 222,937 243,710 234,651 2,220,928 2,270,550 2,241,279 Transportation 172,220 188,193 172,726 1,517,893 1,707,071 1,651,480

Senior Vice President - Stanley 914,464 968,530 873,753 8,267,932 8,818,964 8,490,885

Customer Service Administration 98,844 79,616 165,279 781 ,712 810,735 1,362,830 Meter Reading 137,864 173,850 147,466 1,372,890 1,595,549 1,472,178 Customer Service 188,311 210,316 163,312 1,661,259 1,817,540 1,630,285 Customer Accounting 151,982 133,249 130,267 1,328,383 1,223,460 1,242,401 Remittance 9,008 47,675 44,956 365,734 447,668 425,604 Credit Services 50,894 64,171 59,753 558,414 587,912 577,159

Vice President - Lobsiger 636,903 708,877 711,033 6,068,392 6,482,864 6,710,457

Accounting 106,164 120,343 106,494 985,596 1,081,637 970,785

Purchasing 36,488 36,408 36,265 322,967 341,853 332,375 Stores 78,673 78,122 75,256 662,276 745,139 709,300 Rates,Regulatory Affairs & Revenues 18,861 30,768 29,630 196,507 279,434 262,764

Senior Vice President - Schaffart 877,089 974,518 958,678 8,235,738 8,930,927 8,985,681

Marketing 92,824 72,828 69,336 767,299 665,827 664,875

Gas Operations 34,176 43,969 33,083 304,817 393,019 298,717 Gas Production 130,619 135,737 121,644 1,176,850 1,316,480 1,342,542 Gas Systems Control 47,097 45,850 45,374 400,504 403,958 398,872 Gas Distribution 89,163 88,206 81,326 812,126 807,108 779,236

Vice President - Knight 301,055 313,762 281,427 2,694,297 2,920,565 2,819,367

Water Operations 23,726 23,204 21,513 207,934 206,440 192,992 Water Pumping - Florence 229,278 222,517 213,123 1,981,847 2,014,150 1,941,575 Water Distribution 209,946 202,913 170,933 1,912,118 1,866,641 1,819,082 Platte South 76,379 85,802 79,663 752,799 798,324 761,124 Platte West 94,412 109,065 99,188 973,661 995,208 928,577 Water Quality 62,099 64,924 55,869 517,599 581,108 513,791

Vice President - Shields 695,840 708,425 640,289 6,345,958 6,461,871 6,157,141

Engineering & Construction 45,432 56,053 55,182 495,294 500,307 496,290 Plant Engineering 207,693 320,189 300,031 2,429,800 2,779,737 2,577,774 Engineering Design 254,597 258,043 253,387 2,263,334 2,362,924 2,320,626 Construction 937,890 889,884 813,527 8,581,176 8,256,698 7,912,776

Vice President - O'Brien 1,445,612 1,524,169 1,422,127 13,769,603 13,899,666 13,307,466

Senior Vice President - De Boer 2,535,331 2,619,184 2,413,179 23,577,157 23,947,929 22,948,849

Total Payroll $ 5,571,808 $ 5,690,416 $ 5,254,207 $ 50,938,221 $ 51,863,916 $ 49,936,860 A-12a

METROPOLITAN UTILITIES DISTRICT A-12b EMPLOYEES BY DEPARTMENTS AND DIVISIONS SEPTEMBER 2019

FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018 Current Year Actual Current Year Budget Prior Year Actual

Full Part Summer/ Full Part Summer/ Full Part Summer/ Time Time Temp. Time Time Temp. Time Time Temp.

President's Office --9- --9- 9 Top level reductions _____(.:!..:!l --9- __m_ 9

Human Resources - Vice President - Savine 9 11 11 Law 7 7 7

Senior Vice President - Mendenhall --16- --18- --1- 18 Safety and Security - Vice President - Hunter 35 10 9 Field Services Administration 12 27 2 13 Field Services 88 92 93

Vice President - Melville ----:WO --1- ----:r:i"9 --2- 106 Senior Vice President - Ausdemore 135 129 2 115

Information Technology 49 51 47 Measurement 14 15 14 Maintenance 33 36 36 Transportation 26 31 30

Senior Vice President - Stanley ~ ~ --1- 127 --1-

Customer Service Administration 12 9 2 24 3 Meter Reading 27 28 7 29 4 Customer Service 41 42 37 Customer Accounting 31 25 26 Remittance 10 10 Credit Services 9 13 13

Vice President - Lobsiger ~ --1- --1- ----:;v --1- --9- 139 4 4 Accounting 15 16 15

Purchasing 5 5 5 Stores 13 13 13 Rates,Regulatory Affairs & Revenues 2 3 3

Senior Vice President - Schaffart -----:rss --1- --1- 164 --1- --9- 175 4 --4-

Marketing 14 12 12 Gas Operations 3 4 4 Gas Production 16 17 17 Gas Systems Control 6 6 6 Gas Distribution 12 12 12

Vice President - Knight ~ --1- ~ --1- 39 --1-

Water Operations 2 2 2 Water Pumping - Florence 31 32 32 Water Distribution 30 32 26 Platte South 10 12 12 Platte West 14 15 15 Water Quality 9 9 9

Vice President - Shields ~ 2 --:rci2 --2- 96 --2-

Engineering & Construction 4 5 5 Plant Engineering 26 41 38 Engineering Design 38 39 40 Construction 152 140 133

Vice President - O'Brien ~ --1- ~ 216 --1-

Senior Vice President - DeBoer 367 3 1 378 3 363 3 1 Total Employees 804 5 3 820 7 11 807 8 5 A-12b

METROPOLITAN UTILITIES DISTRICT SPA EMPLOYEES BY DEPARTMENTS AND DIVISIONS

FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018 Current Year Actual Current Year Budget

Full Part Summer/ Full Part Summer/ Time Time Temp. Time Time Temp.

President's Office --9- --9-

Top level reductions __m. --9- 6

Human Resources - V ice President - Savine 7 8 Law 7 7

Senior Vice President - Mendenhall --14- __ 1_5_

Safety and Security - Vice President - Hunter 7 10 Field Services Administration 6 9 Field Services

Vice President - Melville --6- 9 Senior Vice President - Ausdemore 13 19

Information Technology 49 51 Measurement 1 1 Maintenance 5 5 Transportation 2 3

Senior Vice President - Stanley -s=r- ~ Customer Service Administration 12 9 Meter Reading 2 2 Customer Service 4 6 Customer Accounting 3 2 Remittance 1 Credit Services 1 1

Vice President - Lobsiger ~ __ 2_1_

Accounting 9 10 Purchasing 4 4 Stores 2 2 Rates,Regulatory Affairs & Revenues 2 3

Senior Vice President - Schaffart ~ 40 Marketing 7 5 Gas Operations 3 4 Gas Production 3 3 Gas Systems Control 6 6 Gas Distribution 1 1

Vice President - Knight --13- --14-

Water Operations 2 2 Water Pumping - Florence 9 8 Water Distribution 3 3 Platte South 2 2 Platte West 2 2 Water Quality 8 7

Vice President - Shields ~ ~ Engineering & Construction 4 5 Plant Engineering 26 26 Engineering Design 18 18 Construction 7 7

Vice President - O'Brien ~ ~ Senior Vice President - DeBoer 101 99

Total Employees 233 239

A-12b SEPTEMBER 2019

Prior Year Actual Full Part Summer/

Time Time Temp. --9-

--9-

8 6 __ 1_4 _

9

7

7

16 47

1 5 3 ~

11 2 4 2 1 1 __ 2_1 _

9

4 2 3

~ 5

4 3 6 1 __ 1_4_

2 8 3 2 2 7 ~

5 24 19 7 ~

98 232 A-12b

METROPOLITAN UTILITIES DISTRICT A-12b OAC EMPLOYEES BY DEPARTMENTS AND DIVISIONS SEPTEMBER 2019

FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018 Current Year Actual Current Year Budget Prior Year Actual

Full Part Summer/ Full Part Summer/ Full Part Summer/ Time Time Temp. Time Time Temp. Time Time Temp.

President's Office Top level reductions 8

--8-

Human Resources - Vice President - Savine 2 3 3 Law 1

Senior Vice President - Mendenhall --2- --3- --1- --4-

Safety and Security - Vice President - Hunter 28 Field Services Administration 6 18 2 6 Field Services 88 92 93

Vice President - Melville ~ --1- -----:rTil --2- ~ Senior Vice President - Ausdemore 122 1 110 2 99

Information Technology Measurement 13 14 13 Maintenance 28 31 31 Transportation 24 28 27

Senior Vice President - Stanley ~ --1- ~ --1- --1- __ 7_1_ --1-

Customer Service Administration 2 13 3 Meter Reading 25 26 7 27 4 Customer Service 37 36 33 Customer Accounting 28 23 24 Remittance 9 9 Credit Services 8 12 12

Vice President - Lobsiger ~ --1- --1- -----:r56 --1- --9- --rra --4- --4-

Accounting 6 6 6 Purchasing 1 1 1 Stores 11 11 11 Rates,Regulatory Affairs & Revenues

Senior Vice President - Schaffart -----:r:i"6 --1- --1- ~ --1- 9 ~ --4- --4-

Marketing 7 7 7 Gas Operations Gas Production 13 14 14 Gas Systems Control Gas Distribution 11 11 11

Vice President - Knight ~ --1- ~ ~ --1-

Water Operations Water Pumping - Florence 22 24 24 Water Distribution 27 29 23 Platte South 8 10 10 Platte West 12 13 13 Water Quality 1 2 2

Vice President - Shields -----ro 2 ~ --2- ~ 2 Engineering & Construction Plant Engineering 15 14 Engineering Design 20 21 21 Construction 145 133 126

Vice President - O'Brien ~ --1- ~ ~ --1-

Senior Vice President - DeBoer 266 3 279 3 265 3 Total Employees 571 5 3 581 7 11 575 8 5 A-12b

METROPOLITAN UTILITIES DISTRICT A-12c OVERTIME HOURS BY DEPARTMENTS AND DIVISIONS SEPTEMBER 2019

FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018

Month of Seetember Nine Months Ending Seetember 2019 2019 2018 2019 2019 2018

Actual Budget Actual Actual Budget Actual President's Office 0.0 0.0 0.0 0.0 0.0 0.0 Human Resources - Vice President - Savine 18.5 4.0 7.0 161.0 36.0 110.5 Law 8.5 12.0 0.0 97.5 108.0 119.5

Senior Vice President - Mendenhall 27.0 16.0 7.0 258.5 144.0 230.0 Safety and Security - Vice President - Hunter 967.5 30.0 22.0 3,034.0 270.0 71 .0 Field Services Administration 112.5 245.0 150.0 1,948.5 2,175.0 1,406.0 Field Services 1,654.0 1,300.0 1,325.5 12,599.5 10,250.0 11 ,221 .0

Vice President - Melville 1,766.5 1,545.0 1,475.5 14,548.0 12,425.0 12,627.0

Senior Vice President - Ausdemore 2,734.0 1,575.0 1,497.5 17,582.0 12,695.0 12,698.0 Information Technology 10.5 10.0 0.5 173.5 90.0 48.5 Measurement 0.0 3.0 1.0 8.5 27.0 11.0 Maintenance 68.0 40.0 70.5 1,286.0 1,000.0 1,289.0 Transportation 97.5 150.0 198.0 794.0 1,265.0 1,686.0

Senior Vice President - Stanley 176.0 203.0 270.0 2,262.0 2,382.0 3,034.5

Customer Service Administration 0.0 0.0 43.0 0.0 0.0 655.0 Meter Reading 13.0 75.0 39.0 385.5 675.0 938.5 Customer Service 37.5 40.0 67.5 451 .0 360.0 434.5 Customer Accounting 3.0 0.0 17.0 789.0 100.0 81.0 Remittance 11 .5 0.0 2.0 58.5 279.0 282.0 Credit Services 27.0 8.0 30.0 176.0 76.0 136.0

Vice President - Lobsiger 92.0 123.0 198.5 1,860.0 1,490.0 2,527.0 Accounting 0.0 0.0 0.0 0.0 0.0 115.5

Purchasing 0.0 0.0 0.0 0.0 0.0 0.0 Stores 17.0 10.0 0.5 167.0 90.0 152.5 Rates,Regulatory Affairs & Revenues 0.0 0.0 0.0 0.0 0.0 0.0

Senior Vice President - Schaffart 109.0 133.0 199.0 2,027.0 1,580.0 2,795.0 Marketing 0.0 1.0 0.0 2.0 9.0 1.5 Gas Operations 0.0 0.0 0.0 0.0 0.0 0.0 Gas Production 274.5 100.0 124.0 1,721 .5 2,050.0 2,714.3 Gas Systems Control 13.5 12.0 6.0 66.0 84.0 88.5 Gas Distribution 82.0 175.0 112.0 1,412.5 880.0 886.0

Vice President - Knight 370.0 287.0 242.0 3,200.0 3,014.0 3,688.8 Water Operations 0.0 0.0 0.0 0.0 0.0 0.0 Water Pumping - Florence 340.5 210.0 258.0 2,920.0 1,630.0 1,844.5 Water Distribution 570.0 385.0 563.0 5,474.0 3,315.0 4,795.5 Platte South 33.0 30.0 7.5 310.5 270.0 109.0 Platte West 3.5 55.0 31 .5 528.5 400.0 396.5 Water Quality 12.0 10.0 16.5 107.5 100.0 92 .0

Vice President - Shields 959.0 690.0 876.5 9,340.5 5,715.0 7,237.5 Engineering & Construction 0.0 0.0 0.0 0.0 0.0 0.0 Plant Engineering 289.0 860.0 1,032.5 4,596.5 5,640.0 6,597.5 Engineering Design 88.5 65.0 66.0 512.5 800.0 915.5 Construction 2,331 .0 1,800.0 2,062.0 24,982.0 17,900.0 21,100.0

Vice President - O'Brien 2,708.5 2,725.0 3,160.5 30,091.0 24,340.0 28,613.0 Senior Vice President - DeBoer 4,037.5 3,703.0 4,279.0 42,633.5 33,078.0 39,540.8

Total Overtime Hours 7,083.5 5,630.0 6,252.5 64,763.0 49,879.0 58,298.3 A-12c

METROPOLITAN UTILITIES DISTRICT A-12d OVERTIME DOLLARS BY DEPARTMENTS AND DIVISIONS SEPTEMBER 2019

FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018

Month of Seetember Nine Months Ending Seetember 2019 2019 2018 2019 2019 2018

Actual Budget Actual Actual Budget Actual President's Office $ $ $ $ $ $ Human Resources - Vice President - Savine 709 188 272 6,175 1,675 4,898 Law 440 756 5,025 6,732 7,372

Senior Vice President - Mendenhall 1,149 944 272 11 ,200 8,407 12,270

Safety and Security - Vice President - Hunter 51,064 1,830 1,146 160,100 16,290 3,921

Field Services Administration 7,711 15,864 9,951 122,265 136,779 94,196 Field Services 97,995 76,700 74,808 738,503 598,750 635,900

Vice President - Melville 105,706 92,564 84,759 860,768 735,529 730,096

Senior Vice President - Ausdemore 156,770 94,394 85,905 1,020,869 751,819 734,018

Information Technology 590 640 34 9,654 5,700 3,012 Measurement 144 50 459 1,287 499 Maintenance 4,165 2,320 4,060 75,653 56,780 73,936 Transportation 5,924 8,575 11,672 48,392 71,650 97,843

Senior Vice President - Stanley 10,679 11,679 15,815 134,158 135,417 175,290

Customer Service Administration 2,367 32,755 Meter Reading 563 3,375 1,825 17,312 30,150 41 ,634 Customer Service 1,562 1,640 2,741 18,162 14,640 17,193 Customer Accounting 134 840 36,067 4,800 3,675 Remittance 456 80 2,343 10,864 11,059 Credit Services 1,150 344 1,280 7,702 3,242 5,797

Vice President - Lobsiger 3,865 5,359 9,133 81,585 63,696 112,113

Accounting 4,694

Purchasing Stores 914 510 26 8,732 4,560 7,743 Rates,Regulatory Affairs & Revenues

Senior Vice President - Schaffart 4,779 5,869 9,158 90,317 68,256 124,551

Marketing 44 86 393 64

Gas Operations Gas Production 17,936 6,700 7,956 111 ,382 134,600 172,569 Gas Systems Control 883 828 382 4,308 5,748 5,641 Gas Distribution 4,653 10,675 6,254 80,955 53,170 49,947

Vice President - Knight 23,472 18,203 14,591 196,645 193,518 228,157

Water Operations Water Pumping - Florence 20,596 12,600 16,051 180,880 96,740 112,020 Water Distribution 29,573 18,865 28,094 272,884 161,430 235,280 Platte South 1,968 1,590 379 17,759 14,220 5,699 Platte West 197 3,190 1,846 29,043 22,940 22,560 Water Quality 563 500 821 5,226 4,970 4,811

Vice President - Shields 52,897 36,745 47,191 505,792 300,300 380,370

Engineering & Construction Plant Engineering 17,796 47,300 54,319 253,032 309,650 345,268 Engineering Design 4,298 3,055 3,325 25,354 37,375 41,930 Construction 118,632 95,400 107,782 1,271,132 942,700 1,088,141

Vice President - O'Brien 140,726 145,755 165,426 1,549,517 1,289,725 1,475,338

Senior Vice President - DeBoer 217,095 200,747 227,209 2,252,040 1,783,936 2,083,929

Total Overtime Dollars 390,472 313,633 338,359 3,508,584 2,747,835 3,130,057 A-12d

METROPOLITAN UTILITIES DISTRICT OF OMAHA W-1 WATER DEPARTMENT SEPTEMBER 2019

BALANCE SHEETS Page 1 AS OF SEPTEMBER 30, 2019 AND AUGUST 31, 2019

September 30 August 31 January 1 Increase (Decrease) ASSETS 2019 2019 2019 One Month Nine Months

UTILITY PLANT - At Cost

Plant in service $ 1,143,811,544 $ 1,140,730,921 $ 1,131,651,797 $ 3,080,622 $ 12,159,746 Less - Accumulated depreciation 304,493,576 302,738,156 288,801,342 1,755,419 15,692,233

Net utility plant in service 839,317,968 837,992,765 842,850,455 1,325,203 (3,532,487)

Construction in progress 60,968,686 59,148,361 40,900,853 1,820,325 20,067,833 Construction materials - at average cost 1,620,972 1,501,390 1,819,154 119,582 (198,182)

Net utility plant 901,907,626 898,642,516 885,570,462 3,265,110 16,337,163

NONCURRENTASSETS

2012 Bond Reserve Fund - Restricted 3,003,232 2,999,583 2,966,836 3,649 36,396 2015 Bond Project Fund 0 (0) 2018 Bond Project Fund 23,335,414 23,869,485 32,026,768 (534,071) (8,691,354) Construction/Environmental fund 172,322 172,298 172,091 24 230 Other non-current assets 969,286 831,637 461,886 137,649 507,400

Total noncurrent assets 27,480,253 27,873,003 35,627,581 (392,749) (8,147,328) f-

CURRENT ASSETS Cash & Short Term Investments 81,081,439 75,019,665 86,722,620 6,061,774 (5,641,180) Bond sinking fund - restricted 12,612,971 10,894,787 1,731,917 1,718,184 10,881,054 Bond closing fund 6,004 (6,004) U.S. Government securities

Bond 2012 Project Fund Accounts receivable 1,667,759 1,813,511 1,575,749 (145,752) 92,010 Accounts receivable - utility service 29,914,774 30,027,764 24,044,547 (112,990) 5,870,227 Allowance for uncollectible accounts (2,260,243) (2,238,870) (2,455,871) (21,373) 195,628 Interdepartmental Receivable from Gas Department 2,621,820 7,921,427 (0) (5,299,607) 2,621,820 Interest receivable

Accrued unbilled revenues 3,810,884 3,952,552 3,371,865 (141,668) 439,019 Fire protection taxes

Materials and supplies - at average cost 3,749,602 3,573,185 2,734,295 176,417 1,015,307 Prepayments 224,008 249,454 107,194 (25,446) 116,814

Total current assets 133,423,015 131,213,476 117,838,321 2,209,539 15,584,694

DEFERRED OUTFLOWS

Pension 22,454,029 22,454,029 22,454,029 OPEB 1,074,293 1,074,293 1,074,293 Debt refund 3,380,540 3,422,323 3,756,589 (41,783) (376,050)

Total deferred outflows 26,908,862 26,950,645 27,284,911 (41,783) (376,050)

Total Assets $ 1,089,719,755 $ 1,084,679,639 $ 1,066,321,276 $ 5,040,116 $ 23,398,480 W-1


BALANCE SHEETS Page 2 AS OF SEPTEMBER 30, 2019 AND AUGUST 31, 2019

September 30 August 31 January 1 Increase (Decrease) LIABILITIES AND NET WORTH 2019 2019 2019 One Month Nine Months NONCURRENT LIABILITIES Long Term Debt: Water Revenue Bonds Net of DiscounUPremium 235,414,452 235,539,281 236,538,982 (124,830) (1,124,530) NDEQ Loan - Contact Basin 3,470,171 3,470,171 3,610,596 (140,425)

Total long term debt 238,884,623 239,009,452 240,149,578 (124,830) (1,264,955)

Net pension liability 38,597,012 38,597,012 38,597,012 Other Post Employment Benefits 56,772,566 56,772,566 56,772,566

Total Long Term Liabilities 334,254,200 334,379,030 335,519,155 (124,830) (1,264,955)

CURRENT LIABILITIES Current maturities of revenue bonds 11,375,000 11,375,000 11,375,000 Current maturities of NDEQ Loans 279,459 279,459 276,692 2,767 Accounts payable 6,859,352 5,996,628 8,437,698 862,724 (1,578,346) Interdepartmental Payable to Gas Department 3,229,529 (3,229,529) Water service deposits Customer deposits-Pioneer Approach Mains 2,450,948 2,450,948 4,020,149 (1,569,201) Customer Credit Balances 562,860 629,711 843,272 (66,851) (280,413) Statutory payments to municipalities 658,773 487,061 515,000 171,712 143,773 Sewer fee collection due municipalities 25,559,890 25,940,457 23,047,515 (380,567) 2,512,376 Interest accrued on water revenue bonds 3,016,889 2,262,667 754,222 754,222 2,262,667 Accrued vacation payable 4,042,068 4,042,068 4,042,068

Total current liabilities 54,805,239 53,464,000 56,541,145 1,341,240 (1,735,905)

CUSTOMER ADVANCES FOR CONSTRUCTION 25,311,991 24,976,483 19,229,425 335,508 6,082,566

SELF - INSURED RISKS 855,621 1,060,153 1,643,398 (204,532) (787,777)

OTHER DEFERRED LIABILITIES .,

DEFERRED INFLOWS OF RESOURCES Deferred inflows - pension 10,602,267 10,602,267 10,602,267 Deferred inflows - OPEB 24,557,542 24,557,542 24,557,542 Contributions in aid of construction 307,958,069 307,990,901 305,208,722 (32,832) 2,749,347

343,117,878 343,150,710 340,368,530 (32,832) 2,749,347

NET POSITION -ACCUMULATED REINVESTED EARNINGS 331,374,827 327,649,264 313,019,622 3,725,563 18,355,204

Total Liabilities, Deferred Inflows of Resources, and Net Position 1,089,719,755 1,084,679,639 1,066,321 ,276 5,040,116 23,398,480

W-1


INCOME AND SOURCE AND DISPOSITION OF FUNDS STATEMENTS FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018

September Nine Months September 2019 2018 Nine Months 2019 2018

Actual Budget Actual Actual Budget Actual OPERATING REVENUES

Metered sales of water $ 10,733,058 $ 12,871,631 $ 9,851,319 $ 79,565,098 $ 84,800,925 $ 79,350,186 Infrastructure charge 1,247,028 1,237,886 1,229,501 11,097,166 11,079,450 11,003,448 Other operating revenues 395,669 267 000 246 237 3 177 075 3 295 000 3166131

Total operating revenues 12,375,754 14,376,517 11,327,057 93,839,339 99,175,375 93,519,765 Less: Bad debt expense (20,139) (19,675) (13,327) (204,039) (135,725) (127,984)

Total operating revenues, net 12,355,615 14 356,842 11 313,730 93,635,300 99,039,650 93,391,781 OPERATING EXPENSES

Operating expense 4,518,081 4,647,481 4,278,174 39,791,788 40,671,591 39,214,550 Maintenance expense 2,257,697 2,046,699 1,340,158 18,723,923 18,030,033 15,967,246

Depreciation 1,228,928 1,380,983 1,236,711 11,135,122 12,136,499 11,113,153 Other Non-Operating Expense (Income) 95,323 169,041 Statutory payments & fuel taxes 171,712 205,946 145,753 1,264,317 1,356,814 1,257,819 Interest expense revenue bonds 671,176 671,176 600,884 6,039,520 6,039,518 5,406,892 Interest expense NDEQ Loan 9,374 9,374 10,059 86,432 86,430 92,555 Bond expense 304,732 304,732 Interest charged to construction (er.) (78,388) (620,402)

Total revenue deductions 8 856 968 8 961 659 7 838,083 77 136 425 78 320 885 72,905,585 Net revenues 3,498,647 5,395,183 3,475,648 16,498,875 20,718,765 20,486,196

Interest income 226,916 96 507 10,014 1 856 329 792,246 145,283

FUNDS PROVIDED Net inome (loss) 3,725,563 5,491,690 3,485,662 18,355,204 21,511,011 20,631,479 Depreciation and amortization charges 1,340,831 1,456,727 1,310,156 12,131,530 12,818,195 11,858,391 Net pension liability Deferred inflows - pension Deferred inflows - OPEB OPEB 459,509 537,521 4,115,691 4,837,690 Contribution in aid of construction - grant Contribution in aid of construction 268,447 1,548,488 302,129 4,705,632 9,228,418 2,954,585 Contribution in aid of construction - capital facilities 259,152 315,600 311,531 2,989,042 2,793,300 2,880,854 Customer Advances for Construction 335,508 874,046 6,082,566 8,045,594 Bond Proceeds 38 273,573 38 645,573 Total funds provided 5,929,501 9,272 014 45,094,618 44 263 973 50,466,615 89 854 167

FUNDS EXPENDED Plant additions and replacements 2,963,205 3,829,388 2,856,441 23,282,731 36,231,570 25,922,460 Plant additions and replacements-Cast Iron 2,203,167 1,212,000 713,529 10,131,288 9,279,000 5,365,364 CIR Retro Pay - Payment OPEB - Begin Pre-funding 457,852 537,521 4,120,668 4,837,692 Deferred outflows - pension Deferred outflows - OPEB NDEQ Loan-Contact Basin 137,658 137,658 134,946 Bond Retirement Bond Reserve Fund - 2015 Bond Interest - 2012-Expense accrual (non cash) (82,080) (82,080) (87,863) (737,652) (737,654) (789,702) Bond Interest - 2012-Payment 556,347 556,347 591,047 Bond Interest - 2015-Expense accrual (non cash) (483,845) (483,845) (513,021) (4,354,607) (4,354,605) (4,617,190) Bond Interest - 2015-Payment 3,281,503 3,281,503 3,479,378 Bond Interest - 2018-Expense accrual (non cash) (105,251) (105,251) (947,261) (947,259) Bond Interest - 2018-Payment 687,484 687,484 NDEQ Interest - Expense accrual (non cash) (9,374) (9,374) (10,059) (86,432) (86,430) (92,555) NDEQ Interest - Payment 58,309 58,309 62,378 Gas loan retirement Total funds expended 4 485 822 4,818 690 3,496 548 32 009 369 48,226,591 34,893 818

SUBTOTAL - FUNDS PROVIDED LESS FUNDS EXPENDED 1443679 4 453 324 41 598 070 12,254,605 2,240,024 54,960 349

Page 1 of 2

METROPOLITAN UTILITIES DISTRICT OF OMAHA WATER DEPARTMENT


September 2019 Actual Budget

BOND ACTIVITIES Interest on Bond Project Fund (261 ,524) Remove Net Bond Proceeds - Series 2015 Bond Project Fund - 2015 (Spending Funded by Bond Proceeds)

791,947 Bond Project Fund - 2018 (Spending Funded by Bond Proceeds) ----~ Net Change in Bond Project Funds

IMPACT ON CASH OF CHANGES IN OTHER BALANCE SHEET ASSET ACCOUNTS

Bond Sinking Fund Bond Closing Fund Accounts Receivable Accounts Receivable - Utility Service Construction/Environmental fund Allowance for Uncollectible Accounts I/Co Receivable from Gas Department Accrued Unbilled Revenue Materials and Supplies Prepayments Other Noncurrent Assets

LIABILITY ACCOUNTS Accounts Payable I/Co Payable to Gas Department Customer Deposits - Pioneer Mains Customer Credit Balances Self Insured Risk Liability Statutory Payments to Municipalities Sewer Fee Collection Duew Municipalities Accrued Vacation Payable All other, net

NET IMPACT ON CASH OF CHANGES IN OTHER BALANCE

Net Increase (Decrease) in Cash

Cash - Beginning of Period Cash - End of Period Change In Cash - Increase (Decrease)

530 422

(1,718 ,184)

145,752 112,990

(24) 21,373

5,299,607 141 ,668

(176,417) 25,446

(137,649)

853,349

(66,851) (204,532) 171,712

(380,567)

4 087 673

6 061 774 4 453 324

75,019,665 81,081 439

6,061,774

Page 2 of 2

September 2018 Nine Months 2019

Actual Actual Budget

(38,282,271) (881,217)

841,404 311 936 9 536175

(37,128,932) 8 654 958

(1,482,571) (10,881,054) (182,835) 6,004

(3,650) (92,010) 557,060 (5 ,870,227)

(25) (230) 12,957 (195,628)

966,319 (2,621 ,652) (659,828) (439,019) 342,380 (1 ,015,307)

15,729 (116,814) 756,816 (507,400)

(631,455) (1 ,606,637) (3,229,529)

(39,822) (1,569,201) (30,473) (280,413) 41 ,185 (787 ,777)

145,753 143,773 (1,466 ,080) 2,512,376

(1 ,658,543) (26,550,743)

2 810 596 (5,641 ,180) 2 240 024

82,521,296 86,722,620 85,331 ,892 81 081 439

2,810,596 (5,641,180)

W-2 SEPTEMBER 2019

Nine Months 2018

Actual

(38,654,290)

7,145,098 311 936

(31,197,256)

(9,272,712) (182,835)

86,142 (5,805,488)

(160) (364,779)

(1,613,970) (238,041) (480,508)

(79,556) 763,634

(148,061)

993,190 (443,501) (111,254)

94,441 2,690,829

(14,112,629)

9 650 464

75,681,428 85,331 ,892

9,650 464

W-2

METROPOLITAN UTILITIES DISTRICT OF OMAHA G-1 GAS DEPARTMENT SEPTEMBER 2019 BALANCE SHEETS Page 1

AS OF SEPTEMBER 30, 2019 AND AUGUST 31, 2019

September 30 August 31 January 1 Increase (Decrease) ASSETS 2019 2019 2019 One Month Nine Months

UTILITY PLANT -At Cost Plant in service $ 611,680,220 $ 610,971 ,285 $ 615,192,112 $ 708,935 $ (3,511,892) Less - Accumulated depreciation 197,886,196 196,180,257 192,871,595 1,705,939 5,014,601

Net utility plant in service 413 ,794,024 414,791,028 422,320,517 (997,004) (8,526,493)

Construction in progress 28,607,978 25,923,701 10,739,737 2,684,277 17,868,241 Construction materials - at average cost 3,126,805 2,908 ,653 2,341 ,745 218,152 785,060

Net utility plant 445,528,807 443,623,383 435,401,999 1,905,425 10,126,808

NONCURRENT ASSETS Cash-CPEP2 Settlement Fund-Restricted Early Retiree Drug Subsidy - Restricted Fund 2018 Bond Project Fund 5,187,382 6,675 ,548 16,549,082 (1,488,167) (11 ,361 ,700) Other Non-Current Assets 4,710,702 4,130,448 648,150 580,254 4,062,553

Total noncurrent assets 9,898,084 10,805,997 17,197,232 (907,912) (7,299,147)

CURRENT ASSETS Cash & Short Term Investments 132,159,427 137,778,225 108,816,238 (5,618,798) 23,343,189 Bond Closing Fund - Restricted 12,932 (12,932) Bond Sinking Fund - Restricted 1,276,509 1,087,808 187,293 188,702 1,089,217 Accounts receivable - utility service 14,385,099 16,351 ,342 24,624,244 (1,966,242) (10 ,239,145) Accounts receivable - other 163,693 100,160 2,266,101 63,533 (2,102,407) Allowance for doubtful accounts (4,577,729) (4,503,456) (4,895 ,378) (74,274) 317,649 Interdepartmental Receivable from Water Dept 3,229,529 (3,229,529) Accrued unbilled revenues 6,023,808 6,113,313 19,971,850 (89 ,505) (13,948,042) Natural gas in storage 2,257,721 2,153,131 2,945,234 104,589 (687,513) Natural gas in pipeline storage 5,411 ,704 4,185,770 6,590,944 1,225,935 (1,179,239) Propane in storage 4,053,608 4,053,608 4,150,179 (96,571) Materials and supplies - at average cost 3,788,087 3,703,930 3,161,140 84,157 626,947 Prepayments 1,230,453 1,445,415 1,038,482 (214,963) 191,971

Total current assets 166,172,380 172,469,246 172,098,787 (6,296,866) (5,926,407)

DEFERRED OUTFLOWS OF RESOURCES Pension 27,603,847 27,603,847 27,603,847 OPEB 1,329,047 1,329,047 1,329,047

Total Deferred Inflows 28,932,894 28,932,894 28 ,932,894

Total Assets $ 650,532,166 $ 655,831,519 $ 653,630,912 $ (5,299,353) $ (3,098,746)

G-1

METROPOLITAN UTILITIES DISTRICT OF OMAHA GAS DEPARTMENT BALANCE SHEETS

AS OF SEPTEMBER 30, 2019 AND AUGUST 31, 2019

September 30 August 31 LIABILITIES AND NET WORTH 2019 2019

NONCURRENT LIABILITIES Long Term Debt - Revenue Bonds Net of Disc/Premium 31,797,339 31 ,807,370 Long-Term Debt- CNG Loan 61,339 81 ,937 Unearned Gas Purchase Discount Net pension liability 46,959,549 46,959,549 Net OPEB liability 65,505,529 65 ,168,050

Total noncurrent liabilities 144,323,756 144,016,906

CURRENT LIABILITIES Accounts payable 8,684,890 10,069,347 Interdepartmental Payable to Water Dept 2,621 ,820 7,921,427 Current maturities of Revenue Bonds 1,040,000 1,040,000 Current maturities of CNG loan 244,421 243 ,899 Unearned Gas Purchase Discount 160,232 253,307 Customer deposits 12,334,978 12,284,195 Customer credit balances 3,413,943 2,432,250 Statutory payments to municipalities 619,891 489,120 Accrued Interest on Revenue Bonds 401,810 301,357 Accrued vacation payable 3,889,411 3,889,411

Total current liabilities 33,411,395 38,924,314

CUSTOMER ADVANCES FOR CONSTRUCTION 711,016 720,421

SELF - INSURED RISKS 1,216,704 1,170,460

OTHER LIABILITIES 2,242,511 2,219,409

DEFERRED INFLOWS OF RESOURCES Contributions In Aid of Construction 41 ,141,314 41 ,192,639 Pension 12,868,971 12,868,971 OPEB 30 ,381 ,030 30 ,381 ,030

Total Deferred Inflows 84 ,391 ,315 84,442,640

NET POSITION -ACCUMULATED REINVESTED EARNINGS 384,235,469 384,337,368

Total Liabilities, Deferred Inflows of Resources and Net Position $ 650,532,166 $ 655,831 ,519 $

January 1 2019

31,887,621 245,201

46,959,549 62,468,218

141 ,560 ,588

34,905,976 ()

1,040,000 239,837

1,825,000 12,203,094 4,902,371 1,291,953

100,452 3,889,411

60,398,094

683,327

957,296

2,427,869

41 ,250,869 12,868,971 30 ,381 ,030 84,500,870

363 ,102,867

653,630,912 $

G-1 SEPTEMBER 2019

Page 2

Increase (Decrease) One Month Nine Months

(10,031) (90,282) (20,598) (183,861)

337,479 3,037,311 306,850 2,763,167

(1,384,458) (26,221,086) (5,299,607) 2,621,820

522 4,584 (93,075) (1,664,768) 50,782 131 ,884

981 ,693 (1,488,428) 130,771 (672,062) 100,452 301,357

(5,512,918) (26,986,699)

(9,406) 27,689

46,244 259,408

23,101 (185,358)

(51 ,325) (109,555)

(51 ,325) (109,555)

(101,899) 21 ,132,602

(5,299,353) $ (3,098,746)

G-1

METROPOLITAN UTILITIES DISTRICT OF OMAHA G-2 GAS DEPARTMENT SEPTEMBER 2019

INCOME AND SOURCE AND DISPOSITION OF FUNDS STATEMENTS Page 1 FOR THE MONTH AND NINE MONTHS ENDING SEPTEMBER 30, 2019 AND 2018

September Nine September 2019 2018 Nine Months 2019 Months 2018

Actual Budget Actual Actual Budget Actual

OPERATING REVENUES Gas sales revenue $ 7,225,360 $ 6,832,241 $ 8,103,166 $ 146,872,369 $ 121,425,270 $ 144,353,757 (Over)/under gas recovery (22,944) (256,983) 186,951 1,230,325 Infrastructure charge 1,097,365 1,096,867 1,082,812 9,843,435 9,846,663 9,794,421 Other operating revenues 365,033 416,612 371,069 3,790,697 3,846,890 3,833,635

Total operating revenues 8,664,814 8,345,720 9,300,064 160,693,452 135,118,823 159,212,137 Less: Bad debt expense (74,264} (10,791) (45,988} (350,346} (185,927) (204,994}

Total operating revenues, net 8,590,550 8,334,929 9,254,076 160,343,107 134,932,896 159,007,143 Less: Natural gas purchased for resale 2,957,674 2,540,811 2,756,263 85,282,257 64,357 ,737 82,488,862 Gas purchase discount earned - CPEP (93,075) (93,075) (93,500) (1 ,664,768) (1,664,765) (1 ,671 ,750}

Operating revenue , net of gas cost 5,725,952 5,887,193 6,591 ,313 76,725,617 72,239,924 78,190,031 REVENUE DEDUCTIONS

Operating expense 3,107,197 3,332,575 3,218,098 29,386,721 29,549,116 29,483,592 Maintenance expense 1,340,914 1,471,883 1,209,918 11 ,540,057 13,052,455 12,108,025 Other Non-operating expense (income) 661 ,300 7,132 Depreciation 1,391 ,500 1,380,081 1,319,565 12,421 ,383 12,017,499 11 ,758,637 Statutory payments & fuel taxes 139,622 132,540 136,916 2,919,122 2,523,760 2,766,127 Bond issuance costs - 2018 GIR Bond 375,881 Interest expense - 2018 GIR Bond 90,421 90,421 102,461 813,789 813,789 276,688 Interest expense 5,080 4,900 (11,927) 50,793 45,870 20,400 Total revenue deductions 6,074,735 6,412,400 5,975,032 57,793,165 58,002,489 56,796,483

Net revenues (348,783) (525,207) 616,281 18,932,452 14,237,435 21,393,548 OTHER INCOME & EXPENSE - Interest, Invest Earnings & Exp 246,884 137,087 216,867 2,200,149 1,363,336 1,146,600 FUNDS PROVIDED

Net income (loss) (101,900) (388,120) 833,148 21 ,132,601 15,600,771 22,540,148 Depreciation and amortization charges 1,846,055 1,972,762 1,870,930 16,827,395 17,351 ,629 16,470,405 Net Pension Obligation Deferred inflows - pension Deferred inflows - OPEB OPEB Contribution in aid of construction - mains 25,340 28,651 565,288 281,896 Contribution in aid of construction - grants Customer Advances for Construction (9,406) 35,354 27 ,689 566,692 GIR bond proceeds - 2018 32,988,813

Total funds provided 1,760,090 1,584,642 2,768,083 38,552 ,972 32,952,400 72,847,953 FUNDS EXPENDED

Plant additions and replacements 1,544,721 2,215,021 1,907,713 15,541 ,659 23,831 ,321 15,675,508 Plant additions and replacements - Cast Iron 2,283,423 1,894,31 7 1,124,174 12,087,386 13,857,514 12,849,074 OPEB - Begin Pre-funding Deferred outflows - pension Deferred outflows - OPEB Natural gas inventory increase (decrease) 1,330,524 1,334,000 1,460,430 (1,963,323) 377 ,000 (909,246) Loan Retirement long-term CNG 20,076 20,076 19,564 179,277 179,284 174,792 Bond retirement - GIR Bond 2018 Bond interest - 2018 Expense accrual (non cash) (100,452) (90,421) (102,461) (301 ,357) (813,789) (276,688) Bond Premium amortization 10,031 90,282 602,714 Transfer to/from 2018 Bond Sinking Fund 188,702 187,119 1,089,217 1,684,071

Total funds expended 5,277,025 5,560,112 4,409,420 26,723,141 39,718,115 27,513,440 Subtotal - Funds Provided less Funds Expended (3,516,935) (3,975,470) (1 ,641 ,338) 11 ,829,831 (6,765,715) 45,334,513

METROPOLITAN UTILITIES DISTRICT OF OMAHA GAS DEPARTMENT


BOND ACTIVITIES Remove Net Bond Proceeds Transfer from bond closing fund Bond Project Fund 2018 (Spending Funded by Bond Proceeds)

Net Change in Bond Project Fund

IMPACT ON CASH OF CHANGES IN OTHER BALANCE SHEET ASSET ACCOUNTS

Bond Closing Fund Bond Sinking Fund Accounts Receivable - Utility Service Accounts Receivable - Other Allowance for Uncollectible Accounts I/Co Receivable from Water Department Accrued Unbilled Revenue Materials and Supplies Prepayments Other Noncurrent Assets

LIABILITY ACCOUNTS Unearned Gas Purchase Discount-Current Unearned Gas Purchase Discount-Noncurrent Accounts Payable I/Co Payable to Water Department Customer Deposits Customer Credit Balances Self Insured Risk Liability Statutory Payments to Municipalities Accrued Vacation Payable Other Liabilities All other, net

NET IMPACT ON CASH OF CHANGES IN OTHER BALANCE SHEET ACCOUNTS - SOURCE (USE) OF CASH

Net Increase (Decrease) in Cash

Cash - Beginning of Period Cash - End of Period Change In Cash - Increase (Decrease)

September 2019 Actual Budget

1,488,167 1,894,317 1,488,167 1,894,317

1,966,242 (63,533) 74,274

89,505 (84,157)

214,963 (580,254)

(93,075)

(1 ,384,458) (5 ,299,607)

50,782 981 ,693

46,244 130,771

23,101 337,479

(3,590,029)

(5,618,798) (2,081,152)

137,778,225 132,159,427

(5,618,798)

September 2018

Actual

4,364,864 4,364,864

(102,461) 1,049,938 (794,175)

46,120

(872,283) 11,177

181,884 403,003

(425) (93,075)

(1,521,150) (966,319) 112,844 734,466

1,009 125,985

257,241 82,315

(1,343,905)

1,379,622

102,676,887 104,056,508

1,379,622

Nine Months 2019 Actual Budget

12,932 11 ,361 ,700 11,374,632

10,239,145 2,102,407 (317,649)

3,229,529 13,948,042

(626,947) (191,971)

(4,062,553)

(1 ,664,768)

(26,221,086) 2,621,820

131 ,884 (1,488,428)

259,408 (672,062)

(185,358) 3,037,311

138,725

23,343,189

108,816,238 132,159,427 23,343,189

(6,765,715)

G-2 SEPTEMBER 2019

Page 2

Nine Months 2018

Actual

(163,995) (20,807,486) (20,971,481)

(307,388) 4,168,143 (579,584)

(1,130,490)

10,669,679 (60,717)

(494,161) (1 ,906,192)

(6,982) (1,664,768)

(19,623,744) 1,613,970

371,890 (5,889,287)

(158,580) (399,606)

(1,232,207) 740,834

(15,889,191)

8,473,842

95,582,666 104,056,508

8,473,842

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