Budget & Financial Plan
for the Fiscal Years Beginning October 1, 2007
And Ending September 30, 2012
Section Name & Description of Contents
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Contents (4 pages)
Cover
Title Page
Index
 
Overview (20 pages)
1
 Organizational Chart
4

Letter of Transmittal
10
 Comparison of Projected Operating Results
11
 Significant Policies
16
 GFOA Distinguished Budget Presentation Award
17
 Budget Policy
19

Demographics and Statistics
20
 Map of Service Area
   
Strategic Policy (3 pages)
21
  Mission Vision

21

 Strategic Policy
Financial Plan (42 pages)
24
 Overview
26
 Source and Use of Funds
27

Capital Budget
28
 Fund Balances
29
 Debt Service Coverage - Before Capitalized Overhead
30
 Revenue Control
31 Number of Accounts
32 Customer Charge per Billing
33 Customer Charge Revenue
34 Energy Sales (kWh)
35 Energy Charge per kWh
36 Energy Charge Revenue
37 Billing Demand (KW)
38 Billing Demand per KW
39 Billing Demand Revenue (KW)
40 Energy Charge & Billing Demand Revenu
41 Power Cost Adjustment per kWh
42 Power Cost Adjustment Revenue
43 Gross Receipts Tax (GRT) Charged
44 Other Operating Revenue
45 Interest Income
46 Non-Operating Revenue
47 Operations & Maintenance Expenses
48 Purchased Power in Cost Adjustment
49 Other Power Supply and Transmission Expense
50 Distribution Expense
51 Customer Expense
52 Administration & General Expenses and Taxes
53 Payment to the City of Key West, Florida
54 Flow of Funds Chart
55 Description of Restricted and Current Funds
56 Summary of All Fund Activity
57 Bond Sinking Fund
58 Capital Improvement Fund
59 Customer Deposits Fund
60 Emergency Reserve Fund
61 Rate Stabilization Fund
62 Renewal & Replacement Fund
63 Construction Fund
64 Debt Service Reserve Fund
65 Capitalized Interest Fund
66 Revenue Fund
67 Operating Reserve Fund
 Operations (37 pages)
68 Total O&M Budget
69 Utility Board
71 Executive
73 Information Services
75 Communications/Marketing
77 Human Resources
79 Finance
81 Purchasing
83 Facilities
85 Engineering
87 Control Center
89 Risk Management
91 Environmental/Safety
93 Fleets
95 Warehouse
97 Customer Services
99 Meter Services
101 Transmission & Distribution
103 Other Power Supply
 
Capital (5 pages)  
105
 Capital Project Prioritization Process (CPPP)
106
 Budget Prioritization Form
107
 Multi Year Capital Improvement Plan
110
 Multi Year Capital Explanation
116
 Significant Capital Project Benefit
 
Appendix (24 pages)  
117
  Description of Utility
119
 Summary Schedule of Debt Service
124
 Overhead Rates
126
 Benchmarking to Budget
128
 Financial Indicators Summary
129
 O&M Cost Per Megawatt
133
 O&M Cost Per Customer
137
 Glossary of Terms