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11-27-2019 HUCCPHUTCHINSON UTILITIES COMMISSION AGENDA REGULAR MEETING November 27t', 2019 3:00 p.m. 1. CONFLICT OF INTEREST 2. APPROVE CONSENT AGENDA a. Approve Minutes b. Ratify Payment of Bills 3. APPROVE FINANCIAL STATEMENTS 4. OPEN FORUM 5. COMMUNICATION a. City Administrator b. Divisions C. Human Resources d. Legal e. General Manager 6. POLICIES a. Review Policies i. CIP Rebate Level of Authority ii. Delegation of Authority Policy iii. Financial Reserve Policy iv. Investment Policy v. Purchasing Policy/Credit Cards/Fixed Assets vi. Service Beyond City Limits of Hutchinson vii. Surplus Property Policy b. Approve Changes i. Payments of HUC Payables 7. UNFINISHED BUSINESS a. None 8. NEW BUSINESS a. Approve Non -Waiver of Tort Liability Limits for General Liability Insurance b. Approve Customer Uncollectable Write -Offs C. Approve Selling of Surplus Vehicles d. Declare Employee Recognition Dinner on Dec 13, 2019 as an Open Meeting e. Discuss Date for Performance Review of Hutchinson Utilities General Manager Discussion of reappointment of Anthony Hanson to the Hutchinson Utilities Commission 2020 Budget Presentation ADJOURN MINUTES Regular Meeting — Hutchinson Utilities Commission Wednesday, October 30, 2019 Call to order — 3:00 p.m. President Don Martinez called the meeting to order. Members present: President Don Martinez; Vice President Matt Cheney; Secretary Robert Wendorff; Commissioner Monty Morrow; Commissioner Anthony Hanson; GM Jeremy Carter Conflict of Interest 2. Approve Consent Agenda a. Approve Minutes b. Ratify Payment of Bills Motion by Commissioner Hanson, second by Commissioner Morrow to approve the Consent Agenda. Motion carried unanimously. 3. Approve Financial Statements Mr. Martig presented the Financial Statements. Sales for Resale consisted of higher market sales due to the generators 150hr warranty -testing period that was completed. Payroll adjustments will need to be made between the Electric and Gas departments due to System Control wages not being allocated to the Natural Gas Division. Nine entries will be made to allocate payroll to the previous 9 months so month over month's actuals will be accurate. Going forward the allocation will be done monthly. GM Carter noted that everything is tracking as should be and is fairly close to budget. Motion by Commissioner Wendorff, second by Commissioner Cheney to approve the financial statements. Motion carried unanimously. 4. Open Forum 5. Communication a. City Administrator —Matthew Jaunich — i. South Grade Rd is scheduled to open this weekend ii. Annual Citizens survey — HUC received a rating of 89% for favorable service that is provided. b. Divisions i. Dan Lang, Engineering Services Manager — 1. SCADA representative out for a couple of weeks 2. Working on Plant 2 Transformer - prepping to get a temporary transformer in. Dave Hunstad, Electric Transmission/Distribution Manager — 1. Working with Insurance companies on the Plant 2 Transformer. Will now be able to remove old transformer and install temporary. Commissioners commended HUC staff for safety of the transformer fire. iii. Randy Blake, Production Manager — 1. Completed 150hr testing. Now reviewing a punch list of items. 2. Engines are running well. Working on an oil consumption issue. 3. Working on budgets. iv. John Webster, Natural Gas Division Manager- Absent v. Jared Martig, Financial Manager- 1. New Rates went into effect last week. Complaints were minimal. 2. Attended MRES meeting, there will be no projected rate increase through 2023 based on MRES forecasts. c. Legal — Marc Sebora — Absent d. Human Resources - Brenda Ewing — Absent e. General Manager — Jeremy Carter i. Provided an MRES meeting update. ii. Working on insurance, continuing to shop rates. iii. Working with Staff on CIP. iv. Preliminary budget will be provided Nov 27 during the regular scheduled meeting. v. Looking for guidance from the Commission Board on strategic planning topics that will relate to the 2020 budget. GM Carter inquired about the initiative from the Commission Board on EV charging stations, where does the Commission want the community to be on this topic. Questions were raised if there are any incentives from the State and the locations of the charging stations along with upgrades of charging stations. GM Carter explained that HUC does not qualify for some of the incentives that are available. There is not much of an economic payback but it is important to consider having some penetration in the community. GM Carter added Staff would need to explore the most cost effective options on the chargers to minimize having to replace them in a couple of years because of technology advancement. GM Carter noted that Staff has discussed having an electric car as part of the Fleet program to have out in the community along with using for conferences. After discussions, President Martinez noted from the Commission standpoint to move forward with this. City Administrator, Matthew Jaunich added that the City would like to take part in this as well. GM Carter discussed the Bright Energy Choice Program for January 2020. MRES is asking members about participation in the program to allow 2 customers to be 100% renewable. GM Carter inquired from the Commission Board if HUC should consider rolling out this type of a program to customers. If HUC participates with this program, the program would have to define what is rolled out and to what customers. After discussions, the Commission board would like to learn more about the program and look at adding this to a community survey in the future. 6. Policies a. Review Policies i. Security Light Rental — Rate to Furnish and Maintain Fixture ii. Electric Service Requirements & Changes iii. Temporary Service — Electric iv. Temporary Service in Case of Underground Failure v. Electric Meter Placement vi. Sealing of Meters - Electric vii. Right -of -Way Clearing viii. Tree Removal of Trimming ix. Locating Customer's Underground Utilities — Electric x. Natural Gas Service Requirements & Charges xi. Temporary Service — Natural Gas xii. Natural Gas Meter Requirements & Placement xiii. Meter Testing — Natural Gas xiv. Natural Gas Service Work xv. Locating Customer's Underground Utilities — Natural Gas No changes recommended at this time. b. Approve Changes i. Electric — Rate Schedule ii. Natural Gas - Rate Schedule GM Carter noted the Electric and Natural Gas Rate Schedules have been updated to mirror the new rates that were put in place during the rate study and reallocation in 2018. A motion by Commissioner Morrow, second by Commissioner Hanson to approve the updated Electric Rate Schedule. A motion by Commissioner Cheney, second by Commissioner Wendorff to approve the updated Natural Gas Rate Schedule. Motions carried unanimously. 7. Unfinished Business 8. New Business a. Approve Rescheduling the December Regular Commission Meeting to Wednesday, December 18, 2019. 3 A motion by Commissioner Cheney, second by Commissioner Hanson to Approve Rescheduling the December Regular Commission Meeting to Wednesday, December 18, 2019. Motion carried unanimously. 9. Adjourn There being no further business, a motion by Commissioner Morrow, second by Commissioner Wendorff to adjourn the meeting at 3:49p.m. Motion carried unanimously. ATTEST: Don Martinez, President 12 Robert Wendorff, Secretary 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 1 ELECTRIC 10/25/2019 GEN 456(E)*4 BP CANANDA ENERGY SOLUTIONS 10/29/2019 GEN 477(E) MISO 11/01/2019 GEN 70130* AMANDA STEFFEL 11/01/2019 GEN 70131* AMERICAN PAYMENT CENTERS INC 11/01/2019 GEN 70132 AMERICAN TEST CENTER INC 11/01/2019 GEN 70133 ANIXTER INC Account Dept GENERATOR 41 NATURAL GAS 401-547- 01 GENERATOR 41 NATURAL GAS 401-547- 01 Generator 41 Aux Boiler 401-547- 01 GENERATOR 43 NATURAL GAS 401-547- 01 GENERATOR 44 NATURAL GAS 401-547- 01 GENERATOR 45 NATURAL GAS 401-547- 01 GENERATOR 45 NATURAL GAS 401-547- 01 Generator 46 Fuel Oil 401-547- 01 Generator 47 Natural Gas 401-547- 01 Generator 49 Natural Gas 401-547- 01 Utility Expenses - Water/Waste 401-930- 08 HECK GEN 456(E) TOTAL Deferred Energy Cost - Miso 174-000- 00 DEP REFUND/APPLIED 235-000- 00 BOX RENTAL 401-903- 06 Vehicles - Material 402-598- 02 10/3 tray cable wire -part 42A-1003 402-574- 03 10/3 tray cable wire -part 42A-1003 402-574- 03 10/4 tray cable wire - part # 2A-1004 402-574- 03 10/4 tray cable wire - part # 2A-1004 402-574- 03 HECK GEN 70133 TOTAL 11/01/2019 GEN 70134* ANN ALTEMUS OR JEROME ALTEMUS DEP REFUND/APPLIED 11/01/2019 GEN 70135* APRIL OR CHRISTOPHER CHAMBERLAIN DEP REFUND/APPLIED 11/01/2019 GEN 70136 BARTON SOLVENTS, INC cleaning solvent drum deposit HECK GEN 70136 TOTAL 11/01/2019 GEN 70137 BEVERLY MUELLER OVERPAYMENTS 11/01/2019 GEN 70138* BLAKE OR ERIN WORTHINGTON DEP REFUND/APPLIED 235-000- 00 235-000- 00 401-550- 01 401-550- 01 142-000- 00 235-000- 00 Pag 1/29 Amount 102,881.44 158.88 71.93 12.22 12.22 1,031.59 24.44 10,860.07 9,310.54 76.39 821.42 175.50 51.14 1,925.00 78.00 46.57 271.60 162.15 558.32 97.50 175.50 254.16 50.00 304.16 410.58 117.00 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 1 ELECTRIC 11/01/2019 GEN 70139*4 BORDER STATES ELECTRIC SUPPLY 11/01/2019 GEN 70140* BRIDGETTE LOUWAGIE 11/01/2019 GEN 70141* CARL ALBRECHT 11/01/2019 GEN 70142 CARLY'S SHOE STORE 11/01/2019 GEN 70143* CAROLE MEYER 11/01/2019 GEN 70144* CASEY OR SCOTT HELMBRECHT 11/01/2019 GEN 701454 CENTRAL HYDRAULICS Pag 2/29 Account Dept Amount Transformers (Distribution Onl 107-368- 00 7,294.26 FLOOD SEAL, COVERS (LONG) FSS 350L 154-000- 00 7.15 BASEMENT, (GROUND SLEEVE), 3 PH JOT 154-000- 00 520.10 ANCHOR, SINGLE HELIX, 10", CHN - 154-000- 00 216.40 PHOTO EYE, TWIST LOCK,(FOR LED) 154-000- 00 84. 98 CEMENT/SOLVENT, PVC 154-000- 00 5.41 CONDUIT, SCH 40, 4" X 10, PVC 154-000- 00 80.85 CONNECTOR, PEDESTAL, 500 MCM 6 PLACE, 154-000- 00 126.60 LIGHT, SECURITY, EVOLVE, 154-000- 00 472.37 CONDUCTOR, 350 MCM 600V URD TRIPLEX 154-000- 00 2,582.00 FLOOD SEAL 46 TO 500 TWIN TAP 154-000- 00 244.37 Sales Tax Receivable - New 186-000- 00 0.49 Sales Tax Receivable - New 186-000- 00 35.77 Sales Tax Receivable - New 186-000- 00 14.88 Sales Tax Receivable - New 186-000- 00 501.48 Sales Tax Receivable - New 186-000- 00 5.94 Sales Tax Receivable - New 186-000- 00 8.70 Sales Tax Receivable - New 186-000- 00 177.87 Sales Tax Receivable - New 186-000- 00 16.80 BATTERY, SIZE D 401-588- 02 72.36 HECK GEN 70139 TOTAL 12,468.78 DEP REFUND/APPLIED 235-000- 00 91.00 DEP REFUND/APPLIED 235-000- 00 162.50 UNIFORMS & LAUNDRY-J SCHULTZ 401-588- 02 159. 95 UNIFORMS & LAUNDRY-T DION 401-588- 02 178.46 HECK GEN 70142 TOTAL 338.41 Cip - Residential 401-916- 07 400.00 DEP REFUND/APPLIED 235-000- 00 84.50 Sales Tax Receivable - Replace 186-000- 00 0.13 Sales Tax Receivable - Replace 186-000- 00 0.16 Sales Tax Receivable - Replace 186-000- 00 1.71 Generator 43 Material 402-554- 01 1.74 Generator 43 Material 402-554- 01 2.16 Accessory Plant - Materials 402-554- 01 24.82 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Payee Description Account Pag Dept 3/29 Amount Fund: 1 ELECTRIC HECK GEN 70145 TOTAL 30.72 11/01/2019 GEN 70146 CENTRAL STATES GROUP GASKET, 2 1/2 X 3 1/2 X 154-000- 00 447.12 Sales Tax Receivable - Replace 186-000- 00 32.99 HECK GEN 70146 TOTAL 480.11 11/01/2019 GEN 70148*4 CINTAS CORPORATION 4470 Uniforms & Laundry 401-550- 01 450.40 Uniforms & Laundry 401-550- 01 452.90 Uniforms & Laundry 401-550- 01 402.41 UNIFORMS & LAUNDRY 401-588- 02 286.43 UNIFORMS & LAUNDRY 401-588- 02 447.41 UNIFORMS & LAUNDRY 401-588- 02 366. 92 HECK GEN 70148 TOTAL 2,406.47 11/01/2019 GEN 70149*4 CITY OF HUTCHINSON Generator 41 Water & Sewer 401-547- 01 4,400.31 Generator 41 Water & Sewer 401-547- 01 1,382.00 Waste Disposal 401-550- 01 78.86 Waste Disposal 401-550- 01 1,248.58 Waste Disposal 401-550- 01 478.07 Line - Materials 401-581- 02 8.38 Utility Expenses - Water/Waste 401-930- 08 394.40 Utility Expenses - Water/Waste 401-930- 08 57.11 Utility Expenses - Water/Waste 401-930- 08 14.54 HECK GEN 70149 TOTAL 8,062.25 11/01/2019 GEN 70150 COLONIAL SUPPLEMENTAL INS CO COLONIAL INSURANCE 242-000- 00 170.64 11/01/2019 GEN 70151* CYNTHIA RASMUSSEN DEP REFUND/APPLIED 235-000- 00 32.50 11/01/2019 GEN 70152 DAKOTA SUPPLY GROUP ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 1,302.66 ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 1,302.66 Sales Tax Receivable - New 186-000- 00 89.56 Sales Tax Receivable - New 186-000- 00 89.56 HECK GEN 70152 TOTAL 2,784.44 11/01/2019 GEN 70153* DANIEL CHRISTIE DEP REFUND/APPLIED 235-000- 00 178.75 11/01/2019 GEN 70154 DELMAR COMPANY 100' roll -part# FG-0012-1500-100 401-550- 01 82.05 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Payee Description Account Dept Pag 4/29 Amount Fund: 1 ELECTRIC 100' roll -part4 FG-0012-1500-100 401-550- 01 12.05 100' roll -part 4 FG-0012-2000-100 401-550- 01 98.43 100' roll -part 4 FG-0012-2000-100 401-550- 01 14.46 HECK GEN 70154 TOTAL 206.99 11/01/2019 GEN 70156* DUSTIN CARLSON DEP REFUND/APPLIED 235-000- 00 201.50 11/01/2019 GEN 70157* ERIC FILIPEK DEP REFUND/APPLIED 235-000- 00 143.00 11/01/2019 GEN 70158 FAGEN, INC Generators 107-344- 00 365,685.83 11/01/2019 GEN 70159 FASTENAL COMPANY Supplies 401-550- 01 8.91 11/01/2019 GEN 70160* FIRST CHOICE FOOD & BEVERAGE BREAKROOM/RECOGNITION BANQUET 401-926- 08 114.00 11/01/2019 GEN 70161 FREMONT INDUSTRIES INC TOWER INHIBITOR, F-9173 154-000- 00 5, 961.45 BWT4131 154-000- 00 478.37 CHECK GEN 70161 TOTAL 6,439.82 11/01/2019 GEN 70162 FS3 INC INTERDUCT, 2", SIR 13.5 ELK/WITH 3 RED 154-000- 00 2,680.00 ADHESIVE, BONDUIT BULK KIT, BT-KITB6 154-000- 00 465.83 Sales Tax Receivable - New 186-000- 00 184.25 Sales Tax Receivable - New 186-000- 00 32.03 HECK GEN 70162 TOTAL 3,362.11 11/01/2019 GEN 70163* GLENN KURKOSKY DEP REFUND/APPLIED 235-000- 00 143.00 11/01/2019 GEN 70164 GREAT RIVER ENERGY TRANSMISSION EXPENSE 401-565- 03 249,323.28 11/01/2019 GEN 70166* GUARDIAN DENTAL INSURANCE-80o ELEC 242-000- 00 3,825.49 DENTAL INSURANCE -COBRA 242-000- 00 318.27 HECK GEN 70166 TOTAL 4,143.76 11/01/2019 GEN 70167* HALEY DALBECK DEP REFUND/APPLIED 235-000- 00 78.00 11/01/2019 GEN 70168* HEIDI VAN MAREL Cip - Residential 401-916- 07 25.00 11/01/2019 GEN 70169 HINTZMAN ENVIRONMENTAL SERVICES Generator 41 Outside Services 402-554- 01 750.00 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 5/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC 11/01/2019 GEN 70170* HOFFMAN, JENNIFER Training - Expense 401-930- 08 275.49 11/01/2019 GEN 70171 HUG ENGINEERING INC USA HEAD, CONDENSATE PUMP 154-000- 00 290.18 11/01/2019 GEN 70173 IRBY TOOL & SAFETY Uniforms & Laundry 401-588- 02 477.13 11/01/2019 GEN 70174* JAANA MCDONALD OR GRANT MCDONALD DEP REFUND/APPLIED 235-000- 00 130.00 11/01/2019 GEN 70175* JACQUELYN BULLERT DEP REFUND/APPLIED 235-000- 00 39.00 11/01/2019 GEN 70176* JAMES GIESINGER DEP REFUND/APPLIED 235-000- 00 16.25 11/01/2019 GEN 70178 JEFFREY MASHBURN OVERPAYMENTS 142-000- 00 1.16 11/01/2019 GEN 70179* JEREMY FREYHOLTZ Cip - Residential 401-916- 07 400.00 11/01/2019 GEN 70180* JILL MARIE OR MAX WORDARCYZK DEP REFUND/APPLIED 235-000- 00 260.00 11/01/2019 GEN 70182* JOANNA BERGS DEP REFUND/APPLIED 235-000- 00 117.00 11/01/2019 GEN 70183* JODY HANSEN Cip - Residential 401-916- 07 150.00 11/01/2019 GEN 701844 JOHN HENRY FOSTER OIL, COMPRESSOR, QYN-SYN PLUS, QUINCY 154-000- 00 1, 088.84 FILTER, AIR DRYER, FOR AFTER -FILTER 154-000- 00 280.33 Sales Tax Receivable - Replace 186-000- 00 74.86 Sales Tax Receivable - Replace 186-000- 00 19.27 Sales Tax Receivable - Replace 186-000- 00 72.95 Filter -part 4 2901-3003-04 402-554- 01 362.81 filter- part4 2901-3002-04 402-554- 01 362.81 Auto drain-part42200902401 402-554- 01 335.42 HECK GEN 70184 TOTAL 2,597.29 11/01/2019 GEN 70185* JONATHAN MCCABE DEP REFUND/APPLIED 235-000- 00 146.25 11/01/2019 GEN 70186* KATHRYN KIECKER DEP REFUND/APPLIED 235-000- 00 48.75 11/01/2019 GEN 70188 KRISTA D HORST OVERPAYMENTS 142-000- 00 21.76 11/01/2019 GEN 70189 KYLE LAWRENCE OVERPAYMENTS 142-000- 00 19.07 11/01/2019 GEN 70190* LAMBERT INSURANCE OF HUTCHINSON DEP REFUND/APPLIED 235-000- 00 195.00 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 6/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC 11/01/2019 GEN 70191 LARRY KEMPENICH OVERPAYMENTS 142-000- 00 82.28 11/01/2019 GEN 70192 LOCATORS & SUPPLIES INC NASCO, NOMEX COAT 1503JFY, LARGE 401-588- 02 123.64 NASCO, NOMAEX PANTS 1501TFY, LARGE 401-588- 02 84.07 HECK GEN 70192 TOTAL 207.71 11/01/2019 GEN 70193 LORNA THOMPSON Cip - Residential 401-916- 07 25.00 11/01/2019 GEN 70194* MADISON JUNKER OR AUSTIN UTECHT DEP REFUND/APPLIED 235-000- 00 39. 00 11/01/2019 GEN 70195* MAGGIE BUSSE DEP REFUND/APPLIED 235-000- 00 117.00 11/01/2019 GEN 70196* MAGUY KANAM DEP REFUND/APPLIED 235-000- 00 45.50 11/01/2019 GEN 70197* MARCO TECHNOLOGIES, LLC Office Supplies 401-921- 08 188.26 Office Supplies 401-921- 08 323.24 HECK GEN 70197 TOTAL 511.50 11/01/2019 GEN 70198 MARIA HERNANDEZ OVERPAYMENTS 142-000- 00 233. 95 11/01/2019 GEN 70199* MARY MALONE DEP REFUND/APPLIED 235-000- 00 136.50 11/01/2019 GEN 70200* MATTHEW BONCQUET OR ALICIA DEP REFUND/APPLIED 235-000- 00 247.00 11/01/2019 GEN 70203 MCLEOD COUNTY TREASURER Supplies 401-550- 01 234.75 11/01/2019 GEN 70204* MEDICA HEALTH INSURANCE -COBRA 242-000- 00 894.57 HEALTH INSURANCE 85% ELEC 242-000- 00 55,512.65 HECK GEN 70204 TOTAL 56,407.22 11/01/2019 GEN 70205* MICHELLE WARSAME DEP REFUND/APPLIED 235-000- 00 162.50 11/01/2019 GEN 70206 MISSOURI RIVER ENERGY SERVICES Transformer - Materials 402-595- 02 439.00 11/01/2019 GEN 70207* MITCHELL BASSLER OR DARIELLA DEP REFUND/APPLIED 235-000- 00 136.50 11/01/2019 GEN 70208* NATHAN GORMAN DEP REFUND/APPLIED 235-000- 00 58.50 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 7/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC 11/01/2019 GEN 70209* NICOLE WILLEMSSEN DEP REFUND/APPLIED 235-000- 00 65.00 11/01/2019 GEN 70211 OXYGEN SERVICE COMPANY INC Supplies 401-550- 01 97. 90 Supplies 401-550- 01 26.40 Supplies 401-550- 01 (26.40) HECK GEN 70211 TOTAL 97.90 11/01/2019 GEN 70212 QUICKEN LOANS OVERPAYMENTS 142-000- 00 94.70 11/01/2019 GEN 70213 KID EQUIPMENT Power Equipment - Materials 402-598- 02 509.66 11/01/2019 GEN 70214* RELIANCE STANDARD LIFE -LIFE LTD INSURANCE-80o ELEC 242-000- 00 1,422.16 LIFE INSURANCE-80o ELEC 242-000- 00 808.49 HECK GEN 70214 TOTAL 2,230.65 11/01/2019 GEN 70216* RICHARD WILLIAMS OR DIETRA DEP REFUND/APPLIED 235-000- 00 214.50 11/01/2019 GEN 70217* RONALD ANDERSON OR BARBARA DEP REFUND/APPLIED 235-000- 00 130.00 11/01/2019 GEN 70218*4 RUNNING'S SUPPLY INC Supplies 401-550- 01 84.94 Line - Materials 401-581- 02 36.39 Line - Materials 401-581- 02 40.19 Building & Grounds - Materials 402-592- 02 28.95 Line - Materials 402-594- 02 2.03 Power Equipment - Materials 402-598- 02 95.01 HECK GEN 70218 TOTAL 287.51 11/01/2019 GEN 70219* RYAN GRESSEL DEP REFUND/APPLIED 235-000- 00 45.50 11/01/2019 GEN 70221* SAMANTHA SMITH DEP REFUND/APPLIED 235-000- 00 253.50 11/01/2019 GEN 70222 SANTIAGO PADILLA OVERPAYMENTS 142-000- 00 42.29 11/01/2019 GEN 70223* SAVANAH JOHNSON OR J SCHICKLING DEP REFUND/APPLIED 235-000- 00 61.75 11/01/2019 GEN 70224* SAVANAH JOHNSON OR J SCHICKLING DEP REFUND/APPLIED 235-000- 00 61.75 11/01/2019 GEN 70225* SHRED RIGHT OFFICE SUPPLIES -SHREDDING SERVICES 401-921- 08 12.48 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 1 ELECTRIC 11/01/2019 GEN 70227* STEVE SICKMAN Cip - Residential 401-916- 07 11/01/2019 GEN 70228* STEVEN NORTROM OR JULIE NORTROM DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70229* SUE BOSKE OR DUSTIN BOSKE DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70230* SURVALENT TECHNOLOGY, INC It Admin And Support 401-921- 08 11/01/2019 GEN 70232* THOMAS CANNON DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70233 THOMAS GOLDSCHMIDT OVERPAYMENTS 142-000- 00 11/01/2019 GEN 70234 TOTAL FILTRATION SERVICES FILTER CARTRIDGE 30" PT4GXO1-30 40RO 154-000- 00 FILTER CARTRIDGE 20" GXO1-20-25RO 154-000- 00 Sales Tax Receivable - Replace 186-000- 00 HECK GEN 70234 TOTAL 11/01/2019 GEN 70235* TRACY GUTHMILLER 11/01/2019 GEN 70236 TRANSCANADA TURBINES 11/01/2019 GEN 70237* TRAVIS SCHREPPEL 11/01/2019 GEN 70238 TWO-WAY COMMUNICATIONS INC 11/01/2019 GEN 70239* TYLER MICKOLICHEK 11/01/2019 GEN 70240* UIS/SOURCECORP 11/01/2019 GEN 70241 UNITED COMMUNITY ACTION AGENCY 11/01/2019 GEN 70242* UNITED PARCEL SERVICE 11/01/2019 GEN 70243 US BANK HOME MORTGAGE DEP REFUND/APPLIED 235-000- 00 Borescope inspection 185-111 402-554- 01 Shipping equipment-tools-consumables 402-554- 01 consumeables kit 402-554- 01 HECK GEN 70236 TOTAL DEP REFUND/APPLIED 235-000- 00 Telephone 401-921- 08 DEP REFUND/APPLIED 235-000- 00 COLLECTION - MATERIALS 401-903- 06 COLLECTION - MATERIALS 401-903- 06 HECK GEN 70240 TOTAL OVERPAYMENTS 142-000- 00 MAIL SERVICES - UPS, FEDEX 401-921- 08 OVERPAYMENTS 142-000- 00 Pag 8/29 Amount 175.00 149.50 100.75 15,133.87 130.00 646.83 398.80 256.92 700.82 91.00 3,000.00 1,123.52 4,423.52 221.00 714.04 39.00 395.32 48.89 147.07 152.41 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 1 ELECTRIC 11/01/2019 GEN 70245* VISION OF HUTCHINSON 11/01/2019 GEN 702464 WARTSILA OF NORTH AMERICA, INC 11/01/2019 GEN 70247 WAYTEK 11/01/2019 GEN 70248 ZACHARY KELLEY 11/01/2019 GEN 70249 ZIEGLER POWER SYSTEMS 11/04/2019 GEN 468(E)* CITIZENS BANK Pag 9/29 Account Dept Amount DEP REFUND/APPLIED 235-000- 00 399.75 Sales Tax Receivable - Replace 186-000- 00 1,126.46 Field service WOIS 402-554- 01 15,274.00 HECK GEN 70246 TOTAL 16,400.46 Spade Connector, 16-14 AWG 402-554- 01 12.13 Spade Connector, 16-14 AWG 402-554- 01 1.67 Spade Connector. 22-18 AWG 402-554- 01 15.00 Spade Connector. 22-18 AWG 402-554- 01 2.07 SPADE CONNECTOR. 12-10 AWG 402-554- 01 20.00 SPADE CONNECTOR. 12-10 AWG 402-554- 01 3.22 Ring Terminal. 8 AWG 402-554- 01 23.30 Ring Terminal. 8 AWG 402-554- 01 3.75 Ring Terminal. 6 AWG 402-554- 01 32.70 Ring Terminal. 6 AWG 402-554- 01 5.27 Butt Connector. 12-10 AWG 402-554- 01 13.71 Butt Connector. 12-10 AWG 402-554- 01 1.89 Butt Connector. 16-14 AWG 402-554- 01 8.60 Butt Connector. 16-14 AWG 402-554- 01 1.19 Butt Connector. 22-18 AWG 402-554- 01 7.10 Butt Connector. 22-18 AWG 402-554- 01 0.98 Closed End Connector. 22-20 AWG 402-554- 01 5.80 Closed End Connector. 22-20 AWG 402-554- 01 0.80 Closed End Connector. 12-10 AWG 402-554- 01 18.90 Closed End Connector. 12-10 AWG 402-554- 01 2.61 Closed End Connector. 18-16 AWG 402-554- 01 5.10 Closed End Connector. 18-16 AWG 402-554- 01 0.70 Ring Terminal. 12-10 AWG 402-554- 01 17.05 Ring Terminal. 12-10 AWG 402-554- 01 2.35 HECK GEN 70247 TOTAL 205.89 OVERPAYMENTS 142-000- 00 73.69 OIL, CAT1 NGEO ULTRA 40 154-000- 00 4,366.78 OIL, CAT1 NGEO ULTRA 40 154-000- 00 100.04 HECK GEN 70249 TOTAL 4,466.82 Office Supplies 401-921- 08 129.22 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 1 ELECTRIC 11/05/2019 GEN 476(E) MISO 11/12/2019 GEN 475(E) MISO 11/13/2019 GEN 472(E)* POINT & PAY 11/14/2019 GEN 479(E) MISO 11/14/2019 GEN 480(E) MISO 11/14/2019 GEN 481(E) MISO CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description 11/14/2019 GEN 70252*4 ACE HARDWARE 11/14/2019 GEN 70253 ADRIENNE HILL-PRIEVE 11/14/2019 GEN 702544 ADVANCED PROCESS SOLUTIONS Account Dept Pag 10/29 Amount Deferred Energy Cost - Miso 174-000- 00 6,638.59 Deferred Energy Cost - Miso 174-000- 00 864.89 HECK GEN 476(E) TOTAL 7,503.48 Deferred Energy Cost - Miso 174-000- 00 12,348.60 Deferred Energy Cost - Miso 174-000- 00 909.01 HECK GEN 475(E) TOTAL 13,257.61 Collection - Materials 401-903- 06 2,422.05 SCHEDULE 10 401-565- 03 6,208.29 SCHEDULE 1 401-565- 03 4,262.53 SCHEDULE 2 401-565- 03 11,377.56 MISC 401-565- 03 2,657.22 HECK GEN 480(E) TOTAL 18,297.31 Transmission Expense 401-565- 03 15,049.20 Transmission Expense 401-565- 03 27,728.72 HECK GEN 481(E) TOTAL 42,777.92 Generators 107-344- 00 3.20 Sales Tax Receivable - Replace 186-000- 00 3.97 Supplies 401-550- 01 19.23 Maint Power Prod Plant - Build 402-554- 01 12.80 Accessory Plant - Materials 402-554- 01 57.82 Materials 401-588- 02 198.95 Cip - Residential 401-916- 07 1,535.15 HECK GEN 70252 TOTAL 1,831.12 OVERPAYMENTS 142-000- 00 37.03 Sales Tax Receivable - Replace 186-000- 00 425.38 18" Bray wafer style butterfly valves 402-554- 01 6,187.40 TAX CORRECTION WIL BE CREDITED 402-554- 01 6,643.72 TAX CORRECTION CREDIT 402-554- 01 (6,643.72) CHECK GEN 70254 TOTAL 6,612.78 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 1 ELECTRIC 11/14/2019 GEN 70255 AMANDA BRANDS 11/14/2019 GEN 702564 AUTOMATIONDIRECT.COM INC 11/14/2019 GEN 70257 BARTON SOLVENTS, INC 11/14/2019 GEN 70258* BIRCHDALE FIRE & SAFETY LLP 11/14/2019 GEN 70259*4 BORDER STATES ELECTRIC SUPPLY 11/14/2019 GEN 70261* CARD SERVICES 11/14/2019 GEN 70263*4 CINTAS CORPORATION 4470 Account Dept Pag 11/29 Amount OVERPAYMENTS 142-000- 00 175.47 Sales Tax Receivable - Replace 186-000- 00 14.44 Temp control -part4SL4848-RR 402-554- 01 210.00 HECK GEN 70256 TOTAL 224.44 D-19 cleaning solvent 401-550- 01 314.17 drum deposit 401-550- 01 50.00 HECK GEN 70257 TOTAL 364.17 GROUNDS - OUTSIDE SERVICES 401-935- 08 35.27 ELL, 1/0, 15KV 1STR-1/OSOL, .70-.91, 154-000- 00 1,032.40 DUST CAP, 200A 160 DRG, COOPER LPC215 154-000- 00 404.40 JUNCTION, 4 POINT 200A, COOPER LJ215C4U 154-000- 00 481.60 JUNCTION BOX, 3 PH (600A), 30 X 66 X 154-000- 00 748.61 TRANS GROUND LUG GC 207 1/0 HUBBELL 154-000- 00 85.50 LUBE, WIRE PULL, 1 GL JUG, POLYWATER 154-000- 00 91.40 CONDUIT, SCH 40, 4" X 10, PVC 154-000- 00 80.85 COUPLING, 4", PVC, CARLON E940N 154-000- 00 16.54 CONDUCTOR, 41/0 15 KV SOL At, TRXLP, 154-000- 00 16,395.19 STREETLIGHT, LED COBRA HEAD 154-000- 00 534.38 LIGHT, SECURITY, EVOLVE, 154-000- 00 708.55 TERMINAL BLOCK, 3 PLACE, "COVERED" CSB 154-000- 00 52.83 SPLIT BOLT 1/0 KS25 BURNDY 154-000- 00 82.50 CONDUIT, SWEEP, 90 DEG, 4", PVC 154-000- 00 34.20 CONDUIT, SCH 40, 4" X 10, PVC 154-000- 00 80.85 GREASE, LUBRICATING, SILICONE 154-000- 00 24.82 Sales Tax Receivable - New 186-000- 00 189.24 Sales Tax Receivable - New 186-000- 00 1,147.15 Sales Tax Receivable - New 186-000- 00 15.29 Accessory Plant - Materials 402-554- 01 461.70 Accessory Plant - Materials 402-554- 01 (461.70) HECK GEN 70259 TOTAL 22,206.30 BREAKROOM/RECOGNITION BANQUET 401-926- 08 273.16 Uniforms & Laundry 401-550- 01 402.41 Uniforms & Laundry 401-550- 01 402.41 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 1 ELECTRIC CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description 11/14/2019 GEN 70264*4 CITY OF HUTCHINSON 11/14/2019 GEN 70266* CROW RIVER GLASS COMPANY 11/14/2019 GEN 70267 DAKOTA SUPPLY GROUP 11/14/2019 GEN 70268 E2 ELECTRIC 11/14/2019 GEN 70269*4 FEDDICK 11/14/2019 GEN 70270* FIRST CHOICE FOOD & BEVERAGE 11/14/2019 GEN 702714 FOSTER MECHANICAL 11/14/2019 GEN 70272*4 GOPHER STATE ONE -CALL INC 11/14/2019 GEN 70273 HANSEN GRAVEL INC 11/14/2019 GEN 70274 HDR ENGINEERING INC Account Dept Pag 12/29 Amount UNIFORMS & LAUNDRY 401-588- 02 366. 92 UNIFORMS & LAUNDRY 401-588- 02 369. 42 HECK GEN 70263 TOTAL 1,541.16 VEHICLE/EQUIPMENT FUEL -POWER 401-550- 01 218.29 VEHICLES/EQUIPMENT FUEL-ELEC 401-588- 02 1,726.99 VEHICLES/EQUIPMENT FUEL-ADMIN 55/45 401-935- 08 73.39 HECK GEN 70264 TOTAL 2,018.67 Grounds - Outside Services 401-935- 08 32.50 COUPLING, DEEP SOCKET, 4" TO 4", PVC 154-000- 00 284.44 ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 1,298.84 Sales Tax Receivable - New 186-000- 00 108.85 HECK GEN 70267 TOTAL 1,692.13 Line - Materials 402-594- 02 538.56 GLOVE, SIZE 2XL, 5474 401-550- 01 414.00 GLOVE, SIZE L, 5488 401-550- 01 354.00 GLOVE, SIZE 2XL, 5488 LINED DEERSKIN 401-550- 01 183.00 GLOVE, SIZE 3XL, 5488 LINED DEERSKIN 401-550- 01 189.00 GLOVE, SIZE M, 5488 401-588- 02 177.00 GLOVE, SIZE XL, 5488 LINED DEERSKIN 401-588- 02 354.00 GLOVE, SIZE XL, 5474 401-588- 02 396.00 GLOVE, SIZE M, 5474 401-588- 02 396.00 HECK GEN 70269 TOTAL 2,463.00 BREAKROOM/RECOGNITION BANQUET 401-926- 08 154.50 Sales Tax Receivable - Replace 186-000- 00 0.43 Accessory Plant - Materials 402-554- 01 6.25 HECK GEN 70271 TOTAL 6.68 LINE - MATERIALS 401-581- 02 120.15 MATERIALS 401-588- 02 233.01 Generators 107-344- 00 1,304.73 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Payee Description Account Pag Dept 13/29 Amount Fund: 1 ELECTRIC 11/14/2019 GEN 7027514 HILLYARD/HUTCHINSON Supplies 401-550- 01 67.56 Supplies 401-550- 01 21.09 Grounds - Materials 401-935- 08 169.19 HECK GEN 70275 TOTAL 257.84 11/14/2019 GEN 70276* HOTSY EQUIPMENT OF MINNESOTA GROUNDS - OUTSIDE SERVICES 401-935- 08 211.81 11/14/2019 GEN 70278* HUTCHFIELD SERVICES INC Grounds - Outside Services 401-935- 08 1,112.73 11/14/2019 GEN 70279 HUTCHINSON CO-OP Supplies 401-550- 01 28.40 VEHICLE/EQUIPMENT FUEL -HATS WAS DOWN 401-550- 01 55.85 HECK GEN 70279 TOTAL 84.25 11/14/2019 GEN 70280* HUTCHINSON LEADER Cip - Marketing 401-916- 07 277.65 11/14/2019 GEN 702814 HUTCHINSON WHOLESALE SUPPLY CO Accessory Plant - Materials 402-554- 01 144.22 Vehicles - Material 402-598- 02 64.10 Power Equipment - Materials 402-598- 02 59.80 HECK GEN 70281 TOTAL 268.12 11/14/2019 GEN 70282* INNOVATIVE OFFICE SOLUTIONS OFFICE SUPPLIES 401-921- 08 82.50 11/14/2019 GEN 70283 JOHN HENRY FOSTER KIT, SAMPLE OIL, INCLUDES ONE BOTTLE 154-000- 00 224.41 Sales Tax Receivable - Replace 186-000- 00 15.43 HECK GEN 70283 TOTAL 239.84 11/14/2019 GEN 70284* K & K FUN TIME, INC CIP - RESIDENTIAL 401-916- 07 1,072.50 11/14/2019 GEN 70285* KDUZ/KARP Cip - Marketing 401-916- 07 229.12 11/14/2019 GEN 70286 KEVIN FUNK OR DIANE FUNK OVERPAYMENTS 142-000- 00 21.51 11/14/2019 GEN 70287* LEAGUE OF MN CITIES INS TRUST PREPAID INSURANCE 174-000- 00 63.18 11/14/2019 GEN 702884 MATHESON TRI-GAS INC Sales Tax Receivable - Replace 186-000- 00 5.99 Generator 41 Material 402-554- 01 87.18 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 1 ELECTRIC CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description 11/14/2019 GEN 702894 MCC ENERGY SOLUTIONS, LLC 11/14/2019 GEN 70293* NUVERA 11/14/2019 GEN 70294*4 O'REILLY AUTOMOTIVE INC 11/14/2019 GEN 70295*4 OXYGEN SERVICE COMPANY INC 11/14/2019 GEN 70296 PAUL G NORDIN 11/14/2019 GEN 70297* PREMIUM WATERS INC 11/14/2019 GEN 70298*4 PRO AUTO & TRANSMISSION REPAIR 11/14/2019 GEN 70299*4 QUADE ELECTRIC 11/14/2019 GEN 70301 11/14/2019 GEN 70302 11/14/2019 GEN 70304 11/14/2019 GEN 70305 RYAN BACON SOLOMON CORPORATION TRAVIS THEROUX TREVOR JANKE Account Dept Pag 14/29 Amount HECK GEN 70288 TOTAL 93.17 I AM MANAGEMENT FEES 401-555- 02 3,900.00 IAM USAGE FEES 401-556- 03 3,050.00 CHECK GEN 70289 TOTAL 6,950.00 TELEPHONE 401-921- 08 1,893.84 Accessory Plant - Materials 402-554- 01 13.00 Supplies 401-550- 01 88.20 Materials 402-574- 03 134.77 HECK GEN 70295 TOTAL 222.97 OVERPAYMENTS 142-000- 00 113.65 OFFICE SUPPLIES -BOTTLED WATER 401-921- 08 20.68 VEHICLES - MATERIAL-ELEC 402-598- 02 586.06 Generators 107-344- 00 37.33 Generators 107-344- 00 17.50 Transformers (Distribution Onl 107-368- 00 1,190.60 Sales Tax Receivable - New 186-000- 00 81.85 Sales Tax Receivable - Replace 186-000- 00 2.56 Sales Tax Receivable - Replace 186-000- 00 1.20 Maintenance Other - Materials 402-554- 01 550.55 HECK GEN 70299 TOTAL 1,881.59 OVERPAYMENTS 142-000- 00 17.88 500 KVA Bushing repair 402-595- 02 2,137.50 300KVA Bushing Repair 402-595- 02 1,603.13 HECK GEN 70302 TOTAL 3,740.63 OVERPAYMENTS 142-000- 00 31.53 OVERPAYMENTS 142-000- 00 31.44 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 1 ELECTRIC 11/14/2019 GEN 70306* UIS/SOURCECORP 11/14/2019 GEN 70307* VERIZON WIRELESS 11/14/2019 GEN 70308 WARTSILA OF NORTH AMERICA, INC 11/14/2019 GEN 70309 WESCO RECEIVABLES CORP 11/14/2019 GEN 70310*4 WEST CENTRAL SANITATION INC 11/14/2019 GEN 70311 WHITE CONSTRUCTION 11/14/2019 GEN 70312 WILLIAM SIEGLER 11/14/2019 GEN 703134 ZIEGLER POWER SYSTEMS 11/18/2019 GEN 467(E)*4 VISA Account Dept Pag 15/29 Amount COLLECTION - MATERIALS 401-903- 06 201.49 TELEPHONE 401-921- 08 1,169.15 KIT, MAIN BEARING 154-000- 00 1,873.85 KIT, BIG END BEARING 154-000- 00 2,041. 91 SHIM, CONNECTING ROD 154-000- 00 1,020.00 SPRING, COMPRESSION FOR PRE -CHAMBER 154-000- 00 479. 83 Sales Tax Receivable - Replace 186-000- 00 364.01 Sales Tax Receivable - Replace 186-000- 00 35.39 HECK GEN 70308 TOTAL 5,814.99 Materials 401-588- 02 737.44 GENERATOR 41 WATER & SEWER 401-547- 01 88.61 Waste Disposal 401-550- 01 143.06 UTILITY EXPENSES - WATER/WASTE 55/45 401-930- 08 216.18 HECK GEN 70310 TOTAL 447.85 Generators 107-344- 00 1,500.00 OVERPAYMENTS 142-000- 00 162.15 Adapter and cables - part # 538-5051 107-344- 00 850.82 ET engine software 107-344- 00 725.00 OIL, CATI NGEO ULTRA 40 154-000- 00 4,359.96 OIL, CATI NGEO ULTRA 40 154-000- 00 4,359.96 Sales Tax Receivable - Replace 186-000- 00 108.34 ORE -WILL BE REFUNDED 402-554- 01 106.86 ORE WILL BE CREDITED 402-554- 01 106.86 ORE CREDIT 402-554- 01 (106.88) Accessory Plant - Materials 402-554- 01 (106.88) ORE CREDIT 402-554- 01 (106.88) HECK GEN 70313 TOTAL 10,297.16 Sales Tax Receivable - Replace 186-000- 00 it.90 Sales Tax Receivable - Replace 186-000- 00 19.18 Sales Tax Receivable - Replace 186-000- 00 2.58 SUPPLIES -PLANT 1 TOOLS 401-550- 01 70.42 SUPPLIES -SEARS TOOL REFUND 401-550- 01 (19.30) MAINT POWER PROD PLANT - FLEX SEAL 402-554- 01 96.44 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 16/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC GENERATOR 41 MAT -UNIT 1 PRESSURE 402-554- 01 259. 98 GENERATOR 45 MAT -UNIT 5 COMPUTER 402-554- 01 35.00 ACCESSORY PLANT - MAT -SPRINTER SYS 402-554- 01 161.38 ACCESSORY PLANT - MATERIALS -FILTER 402-554- 01 486.38 MAINTENANCE OTHER - MATERIALS -TESTER 402-554- 01 60.25 MAINTENANCE OTHER - MAT-THERMOST KIT 402-554- 01 126.98 PURCHASED POWER-OATI 401-555- 02 2,550.00 Training - Expense 401-580- 02 1,154.54 Meetings & Travel - Expense (S 401-580- 02 795.77 MATERIALS -SOCKET DRIVER*USE TX 4.32 401-588- 02 62.71 VEHICLES - MATERIAL -FUEL 402-598- 02 52.30 POWER EQUIPMENT - MATERIALS-GREESE 402-598- 02 70.97 MATERIALS -EYE WASH*USE TX 32.87 402-574- 03 478.00 CIP - RESIDENTIAL -OPEN HOUSE 401-916- 07 186.77 OFFICE SUPPLIES -USE 401-921- 08 10. 94 OFFICE SUPPLIES -TONER 401-921- 08 105.18 OFFICE SUPPLIES-VERI DESK/STAR TRIB 401-921- 08 462.26 IT ADMIN AND SUPPORT -SURGE PROTECTOR 401-921- 08 36.51 IT ADMIN AND SUPPORT -CABLE 401-921- 08 6.05 IT ADMIN AND SUPPORT -CAT SE 401-921- 08 10.69 IT ADMIN AND SUPPORT -MOUSE 401-921- 08 59. 05 Training - Expense 401-930- 08 181.90 HECK GEN 467(E) TOTAL 7,534.83 11/18/2019 GEN 70314 BOND TRUST SERVICES CORPORATION 2017 ELECTRIC BONDS ** VOIDED ** 2017 BOND INTEREST ** VOIDED ** 11/19/2019 GEN 469(E)* BOND TRUST SERVICES CORPORATION 2017 ELECTRIC BONDS 221-000- 00 625,000.00 2017 BOND INTEREST 237-000- 00 279,328.13 HECK GEN 469(E) TOTAL 904,328.13 11/19/2019 GEN 470(E)*4 BP CANANDA ENERGY SOLUTIONS GENERATOR 41 NATURAL GAS 401-547- 01 158.88 GENERATOR 41 NATURAL GAS 401-547- 01 13,632.43 Generator 41 Aux Boiler 401-547- 01 176.70 GENERATOR 43 NATURAL GAS 401-547- 01 12.22 GENERATOR 44 NATURAL GAS 401-547- 01 12.22 GENERATOR 44 NATURAL GAS 401-547- 01 77.52 GENERATOR 45 NATURAL GAS 401-547- 01 24.44 GENERATOR 45 NATURAL GAS 401-547- 01 323.75 Generator 46 Fuel Oil 401-547- 01 17,859.84 Generator 47 Natural Gas 401-547- 01 21,795.78 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Payee Description Account Pag Dept 17/29 Amount Fund: 1 ELECTRIC Generator 49 Natural Gas 401-547- 01 76.39 Utility Expenses - Water/Waste 401-930- 08 375.98 HECK GEN 470(E) TOTAL 54,526.15 11/19/2019 GEN 474(E) MISO Deferred Energy Cost - Miso 174-000- 00 13,655.82 Deferred Energy Cost - Miso 174-000- 00 866.91 HECK GEN 474(E) TOTAL 14,522.73 11/19/2019 GEN 70316* ALPHA WIRELESS SCADA antenna install 401-921- 08 3,604.43 11/19/2019 GEN 70317* BECKY RISTOW CIP - RESIDENTIAL -CLOWNING -OPEN HOUSE 401-916- 07 112.50 11/19/2019 GEN 70320 CARLY'S SHOE STORE UNIFORMS & LAUNDRY-R HETTINGER 401-588- 02 148.71 UNIFORMS & LAUNDRY-R ABELSON 401-588- 02 212.49 HECK GEN 70320 TOTAL 361.20 11/19/2019 GEN 70321 CENTRAL STATES GROUP GASKET, CENTRAL COOLER, J060S FLOW PCL 154-000- 00 3,311.42 GASKET, CENTRAL COOLER, J060S END PCL 154-000- 00 61.38 Sales Tax Receivable - Replace 186-000- 00 231.88 HECK GEN 70321 TOTAL 3,604.68 11/19/2019 GEN 70322*4 CITY OF HUTCHINSON Generator 41 Water & Sewer 401-547- 01 216.15 Generator 41 Water & Sewer 401-547- 01 333.64 Waste Disposal 401-550- 01 478.07 Waste Disposal 401-550- 01 1,693.78 Waste Disposal 401-550- 01 78.86 Power Equipment - Materials 402-598- 02 8.38 Utility Expenses - Water/Waste 401-930- 08 8.46 Utility Expenses - Water/Waste 401-930- 08 59.66 Utility Expenses - Water/Waste 401-930- 08 394.40 HECK GEN 70322 TOTAL 3,271.40 11/19/2019 GEN 70323 DAKOTA SUPPLY GROUP ELBOW, FIBERGLASS, 2" IPS, .070" WALL, 154-000- 00 560.69 Sales Tax Receivable - New 186-000- 00 38.55 HECK GEN 70323 TOTAL 599.24 11/19/2019 GEN 70324* DONNA MEYER CIP - RESIDENTIAL -CLOWNS OPEN HOUSE 401-916- 07 112.50 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 18/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC 11/19/2019 GEN 70325* ELIZABETH PODRATZ Cip - Residential 401-916- 07 400.00 11/19/2019 GEN 70326 FASTENAL COMPANY Transformers (Distribution Onl 107-368- 00 2.30 Sales Tax Receivable - New 186-000- 00 0.16 HECK GEN 70326 TOTAL 2.46 11/19/2019 GEN 70327 GREAT RIVER ENERGY PURCHASED POWER 401-555- 02 834.00 PURCHASED POWER 401-555- 02 834.00 HECK GEN 70327 TOTAL 1,668.00 11/19/2019 GEN 70328 HANSON & EASED CONSTRUCTION, INC Underground Conductor 107-367- 00 2,470.00 11/19/2019 GEN 70329 HER ENGINEERING INC Generators 107-344- 00 4,441.10 11/19/2019 GEN 70330 HILLYARD/HUTCHINSON Supplies 401-550- 01 160.08 11/19/2019 GEN 70332* MARY EISENBBAUN Cip - Residential 401-916- 07 25.00 11/19/2019 GEN 70333* MN NCPERS LIFE INSURANCE-PERA LIFE 242-000- 00 48.00 11/19/2019 GEN 70334 NATE BLOM Cip - Residential 401-916- 07 150.00 11/19/2019 GEN 70336*4 OXYGEN SERVICE COMPANY INC Supplies 401-550- 01 41.65 11/19/2019 GEN 70337 PARMAN ENERGY GROUP Tearing Account 186-000- 00 232.65 11/19/2019 GEN 70338 RESCO TRANS, 300 KVA PAD, 3PH 480/277 154-000- 00 8,045.00 TRANS, 500 KVA PAD, 3PH 480/277 154-000- 00 10,496.00 Sales Tax Receivable - New 186-000- 00 1,274.69 HECK GEN 70338 TOTAL 19,815.69 11/19/2019 GEN 70339* RICHARD LARSON Cip - Residential 401-916- 07 400.00 11/19/2019 GEN 70340 STEVEN TRACY OVERPAYMENTS 142-000- 00 78. 92 11/20/2019 GEN 473(E) MRES Purchased Power 401-555- 02 903,470.75 11/20/2019 GEN 482(E)* MINNESOTA REVENUE State Sales Tax 242-000- 00 54,320.00 City Sales Tax 242-000- 00 3,923.00 HECK GEN 482(E) TOTAL 58,243.00 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 19/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC Total for fund 1 ELECTRIC 3,058,568.90 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Fund: 2 GAS 10/25/2019 GEN 456(E)*4 BP CANANDA ENERGY SOLUTIONS GAS FOR RETAIL GAS FOR RETAIL 3M HTI UNG BROWNTON Utility Expenses - Water/Waste HECK GEN 456(E) TOTAL Account Dept Pag 20/29 Amount 401-807- 04 10,619.11 401-807- 04 568.30 401-807- 04 63,291.69 401-807- 04 2,664.21 401-807- 04 128.27 401-807- 04 571.41 401-930- 08 677.79 11/01/2019 GEN 70130* AMANDA STEFFEL DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70131* AMERICAN PAYMENT CENTERS INC BOX RENTAL 401-903- 06 11/01/2019 GEN 70134* ANN ALTEMUS OR JEROME ALTEMUS DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70135* APRIL OR CHRISTOPHER CHAMBERLAIN DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70138* BLAKE OR ERIN WORTHINGTON DEP REFUND/APPLIED 235-000- 00 11/01/2019 GEN 70139*4 BORDER STATES ELECTRIC SUPPLY VALVE BOX, 6" WIDTH WITH 12" BELL, 154-000- 00 ELL, WELD FITTING, 90 DEG, 2", SMLS, 154-000- 00 CAP, 2", SMLS WELD FITTING , STD WGHT 154-000- 00 GASKET, 2" RING, 150 ANSI FLANGE, 154-000- 00 TEE, FEMALE THRD, 1/2", BM,CLASS 150 154-000- 00 ELL, FEMALE THRD, 90 DEG,1/2", BM, 154-000- 00 UNION, BM, CLASS 150, 1/2", FEMALE THRD 154-000- 00 NIPPLE, 1/2" X 2", BM, STD, SMLS, TEE 154-000- 00 BATTERY, SIZE D 401-874- 04 Other Equipment - Materials 402-895- 04 HECK GEN 70139 TOTAL 78,520.78 94.50 41.84 52.50 94.50 63.00 1,448.58 24.39 61.17 13.89 5.03 7.51 17.51 4.91 72.29 2,032.66 11/01/2019 GEN 70140* BRIDGETTE LOUWAGIE DEP REFUND/APPLIED 235-000- 00 49.00 11/01/2019 GEN 70141* CARL ALBRECHT DEP REFUND/APPLIED 235-000- 00 87.50 11/01/2019 GEN 70143* CAROLE MEYER Cip - Residential 401-916- 07 400.00 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 2 GAS 11/01/2019 GEN 70144* CASEY OR SCOTT HELMBRECHT 11/01/2019 GEN 70147 CENTURYLINK 11/01/2019 GEN 70148*4 CINTAS CORPORATION 4470 11/01/2019 GEN 70149*4 CITY OF HUTCHINSON 11/01/2019 GEN 70151* CYNTHIA RASMUSSEN 11/01/2019 GEN 70153* DANIEL CHRISTIE 11/01/2019 GEN 70155 DEPT OF PUBLIC SAFETY -PIPELINE 11/01/2019 GEN 70156* DUSTIN CARLSON 11/01/2019 GEN 70157* ERIC FILIPEK 11/01/2019 GEN 70160* FIRST CHOICE FOOD & BEVERAGE 11/01/2019 GEN 70163* GLENN KURKOSKY 11/01/2019 GEN 70165 GROEBNER & ASSOCIATES INC 11/01/2019 GEN 70166* GUARDIAN 11/01/2019 GEN 70167* HALEY DALBECK 11/01/2019 GEN 70168* HEIDI VAN MAREL Account Dept Pag 21/29 Amount DEP REFUND/APPLIED 235-000- 00 45.50 Utilities (Electric, Satellite 401-856- 05 56.61 UNIFORMS & LAUNDRY 401-880- 04 182.38 UNIFORMS & LAUNDRY 401-880- 04 182.38 UNIFORMS & LAUNDRY 401-880- 04 182.38 HECK GEN 70148 TOTAL 547.14 Utility Expenses - Water/Waste 401-930- 08 322.69 Utility Expenses - Water/Waste 401-930- 08 46.72 Utility Expenses - Water/Waste 401-930- 08 11.88 HECK GEN 70149 TOTAL 381.29 DEP REFUND/APPLIED 235-000- 00 17.50 DEP REFUND/APPLIED 235-000- 00 96.25 REGULATORY EXPENSES 401-928- 08 340. 32 REGULATORY EXPENSES 401-928- 08 511.13 HECK GEN 70155 TOTAL 851.45 DEP REFUND/APPLIED 235-000- 00 108.50 DEP REFUND/APPLIED 235-000- 00 77.00 BREAKROOM/RECOGNITION BANQUET 401-926- 08 38.00 DEP REFUND/APPLIED 235-000- 00 77.00 TEE, TAPPING, ASBLY, 4" X 3/4" IPS MDPE 154-000- 00 594.56 DENTAL INSURANCE-20o GAS 242-000- 00 956.37 DEP REFUND/APPLIED 235-000- 00 42.00 Cip - Residential 401-916- 07 25.00 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK Payee DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Account Pag Dept 22/29 Amount Fund: 2 GAS 11/01/2019 GEN 70170* HOFFMAN, JENNIFER Training - Expense 401-930- 08 225.40 11/01/2019 GEN 70172 IMAC SYSTEMS, INC STRAINER, GASKET RING, 3", 20 MESH, 154-000- 00 102.03 11/01/2019 GEN 70174* JAANA MCDONALD OR GRANT MCDONALD DEP REFUND/APPLIED 235-000- 00 70.00 11/01/2019 GEN 70175* JACQUELYN BULLERT DEP REFUND/APPLIED 235-000- 00 21.00 11/01/2019 GEN 70176* JAMES GIESINGER DEP REFUND/APPLIED 235-000- 00 8.75 11/01/2019 GEN 70177 JAY MALONE MOTORS Transportation Equipment 107-392- 00 972.71 11/01/2019 GEN 70179* JEREMY FREYHOLTZ Cip - Residential 401-916- 07 400.00 11/01/2019 GEN 70180* JILL MARIE OR MAX WORDARCYZK DEP REFUND/APPLIED 235-000- 00 140.00 11/01/2019 GEN 70181 JMS CONCRETE Services 107-380- 00 650.00 11/01/2019 GEN 70182* JOANNA BERGS DEP REFUND/APPLIED 235-000- 00 63.00 11/01/2019 GEN 70183* JODY HANSEN Cip - Residential 401-916- 07 400.00 11/01/2019 GEN 70185* JONATHAN MCCABE DEP REFUND/APPLIED 235-000- 00 78.75 11/01/2019 GEN 70186* KATHRYN KIECKER DEP REFUND/APPLIED 235-000- 00 26.25 11/01/2019 GEN 70187 KGM American AC-250 PC Meter, 20 LT 107-381- 00 19,184.40 American AC-250 PC Meter, 20 LT 107-381- 00 826.77 HECK GEN 70187 TOTAL 20,011.17 11/01/2019 GEN 70190* LAMBERT INSURANCE OF HUTCHINSON DEP REFUND/APPLIED 235-000- 00 105.00 11/01/2019 GEN 70194* MADISON JUNKER OR AUSTIN UTECHT DEP REFUND/APPLIED 235-000- 00 21.00 11/01/2019 GEN 70195* MAGGIE BUSSE DEP REFUND/APPLIED 235-000- 00 63.00 11/01/2019 GEN 70196* MAGUY KANAM DEP REFUND/APPLIED 235-000- 00 24.50 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 2 GAS 11/01/2019 GEN 70197* MARCO TECHNOLOGIES, LLC 11/01/2019 GEN 70199* MARY MALONE 11/01/2019 GEN 70200* MATTHEW BONCQUET OR ALICIA 11/01/2019 GEN 70201 MATTHEW VESELY 11/01/2019 GEN 702024 MCLEOD COOPERATVIE POWER ASSN 11/01/2019 GEN 70204* MEDICA 11/01/2019 GEN 70205* MICHELLE WARSAME 11/01/2019 GEN 70207* MITCHELL BASSLER OR DARIELLA 11/01/2019 GEN 70208* NATHAN GORMAN 11/01/2019 GEN 70209* NICOLE WILLEMSSEN 11/01/2019 GEN 70210 NOVASPECT INC 11/01/2019 GEN 70214* RELIANCE STANDARD LIFE -LIFE 11/01/2019 GEN 70215 RICHARD GOEBEL 11/01/2019 GEN 70216* RICHARD WILLIAMS OR DIETRA 11/01/2019 GEN 70217* RONALD ANDERSON OR BARBARA 11/01/2019 GEN 70218*4 RUNNING'S SUPPLY INC Account Dept OFFICE SUPPLIES 401-921- 08 DEP REFUND/APPLIED 235-000- 00 DEP REFUND/APPLIED 235-000- 00 Cip - Residential 401-916- 07 MISC EXPENSE -GAS LINE PUMP 401-880- 04 UTILITIES (ELECTRIC, SATELLITE -PIPELINE 401-856- 05 UTILITIES (ELECTRIC, SATELLITE-MCLEOD 401-856- 05 HECK GEN 70202 TOTAL HEALTH INSURANCE 15% GAS DEP REFUND/APPLIED DEP REFUND/APPLIED DEP REFUND/APPLIED DEP REFUND/APPLIED FB107 RS-232 COM module LTD INSURANCE-20o GAS LIFE INSURANCE-20o GAS HECK GEN 70214 TOTAL Cip - Residential DEP REFUND/APPLIED DEP REFUND/APPLIED Materials Materials 242-000- 00 235-000- 00 235-000- 00 235-000- 00 235-000- 00 107-387- 00 242-000- 00 242-000- 00 401-916- 07 235-000- 00 235-000- 00 401-874- 04 401-874- 04 Pag 23/29 Amount 107.74 73.50 133.00 300.00 64.77 39.21 142.46 9,796.35 87.50 73.50 31.50 35.00 470.18 355.53 300.00 115.50 70.00 it.98 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Pag 24/29 User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 2 GAS HECK GEN 70218 TOTAL 52.18 11/01/2019 GEN 70219* RYAN GRESSEL DEP REFUND/APPLIED 235-000- 00 24.50 11/01/2019 GEN 702204 RYAN ELLENSON Materials 401-856- 05 95.50 Cip - Residential 401-916- 07 32.20 HECK GEN 70220 TOTAL 127.70 11/01/2019 GEN 70221* SAMANTHA SMITH DEP REFUND/APPLIED 235-000- 00 136.50 11/01/2019 GEN 70223* SAVANAH JOHNSON OR J SCHICKLING DEP REFUND/APPLIED 235-000- 00 33.25 11/01/2019 GEN 70224* SAVANAH JOHNSON OR J SCHICKLING DEP REFUND/APPLIED 235-000- 00 33.25 11/01/2019 GEN 70225* SHRED RIGHT OFFICE SUPPLIES -SHREDDING SERVICES 401-921- 08 4.16 11/01/2019 GEN 70226 ST JAMES PUBLISHING Public Awareness - Material 401-856- 05 130.00 11/01/2019 GEN 70227* STEVE SICKMAN Cip - Residential 401-916- 07 400.00 11/01/2019 GEN 70228* STEVEN NORTROM OR JULIE NORTROM DEP REFUND/APPLIED 235-000- 00 80.50 11/01/2019 GEN 70229* SUE BOSKE OR DUSTIN BOSKE DEP REFUND/APPLIED 235-000- 00 54.25 11/01/2019 GEN 70230* SURVALENT TECHNOLOGY, INC It Admin And Support 401-921- 08 15,133.87 11/01/2019 GEN 70231 THE JOURNAL Public Awareness - Material 401-856- 05 187.50 11/01/2019 GEN 70232* THOMAS CANNON DEP REFUND/APPLIED 235-000- 00 70.00 11/01/2019 GEN 70235* TRACY GUTHMILLER DEP REFUND/APPLIED 235-000- 00 49.00 11/01/2019 GEN 70237* TRAVIS SCHREPPEL DEP REFUND/APPLIED 235-000- 00 119.00 11/01/2019 GEN 70239* TYLER MICKOLICHEK DEP REFUND/APPLIED 235-000- 00 21.00 11/01/2019 GEN 70240* UIS/SOURCECORP COLLECTION - MATERIALS 401-903- 06 323.44 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 2 GAS CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description 11/01/2019 GEN 70242* UNITED PARCEL SERVICE 11/01/2019 GEN 70244 VERIZON WIRELESS 11/01/2019 GEN 70245* VISION OF HUTCHINSON 11/04/2019 GEN 468(E)* CITIZENS BANK 11/13/2019 GEN 472(E)* POINT & PAY 11/14/2019 GEN 70252*4 ACE HARDWARE 11/14/2019 GEN 70258* BIRCHDALE FIRE & SAFETY LLP 11/14/2019 GEN 70259*4 BORDER STATES ELECTRIC SUPPLY 11/14/2019 GEN 70260 BROWN COUNTY RURAL ELECTRIC 11/14/2019 GEN 70261* CARD SERVICES 11/14/2019 GEN 70262 CENTURYLINK 11/14/2019 GEN 70263*4 CINTAS CORPORATION 4470 Account Dept Pag 25/29 Amount COLLECTION - MATERIALS 401-903- 06 1,171.89 HECK GEN 70240 TOTAL 1,495.33 MAIL SERVICES - UPS, FEDEX 401-921- 08 49. 03 UTILITIES (ELECTRIC, SATELLITE-SCADA 401-856- 05 117.08 DEP REFUND/APPLIED 235-000- 00 215.25 Office Supplies 401-921- 08 129.22 METER READING - MATERIALS 401-903- 06 1,981.67 Services 107-380- 00 37.10 Materials 401-874- 04 80.05 Materials 402-892- 04 36.91 Other Equipment - Materials 402-895- 04 9.18 Other Equipment - Materials 402-895- 04 5.33 Materials 401-856- 05 12.80 HECK GEN 70252 TOTAL 181.37 GROUNDS - OUTSIDE SERVICES 401-935- 08 28.86 COUPLING, FEMALE THRD, 2", BM, CLASS 154-000- 00 62.84 CAP, 3", SMLS WELD FITTING, STD WGHT 154-000- 00 10.43 CAP, 2" IDS, PURGE POINT, DR 11.0, 154-000- 00 74.55 SOCK-O-LET, 1", 36-3X1 SW ANVILET 154-000- 00 10.45 VALVE BOX, HANI-G4VAC4N22 154-000- 00 151.66 COUPLING, 3/4" IDS, EF, MDPE 154-000- 00 102.62 HECK GEN 70259 TOTAL 412.55 Utilities (Electric, Satellite 401-856- 05 153.25 BREAKROOM/RECOGNITION BANQUET 401-926- 08 91.05 Utilities (Electric, Satellite 401-856- 05 62.67 UNIFORMS & LAUNDRY 401-880- 04 229. 43 UNIFORMS & LAUNDRY 401-880- 04 182.38 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 2 GAS CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description 11/14/2019 GEN 70264*4 CITY OF HUTCHINSON 11/14/2019 GEN 70265 CROW RIVER FLORAL 11/14/2019 GEN 70266* CROW RIVER GLASS COMPANY 11/14/2019 GEN 70269*4 FEDDICK 11/14/2019 GEN 70270* FIRST CHOICE FOOD & BEVERAGE 11/14/2019 GEN 70272*4 GOPHER STATE ONE -CALL INC 11/14/2019 GEN 70275*4 HILLYARD/HUTCHINSON 11/14/2019 GEN 70276* HOTSY EQUIPMENT OF MINNESOTA 11/14/2019 GEN 70277 HUGHES NETWORK SYSTEMS 11/14/2019 GEN 70278* HUTCHFIELD SERVICES INC 11/14/2019 GEN 70280* HUTCHINSON LEADER 11/14/2019 GEN 70282* INNOVATIVE OFFICE SOLUTIONS 11/14/2019 GEN 70284* K & K FUN TIME, INC 11/14/2019 GEN 70285* KDUZ/KARP HECK GEN 70263 TOTAL Account Dept Pag 26/29 Amount VEHICLE/EQUIPMENT FUEL -GAS 401-880- 04 1,704.33 VEHICLES/EQUIPMENT FUEL-ADMIN 55/45 401-935- 08 60.06 HECK GEN 70264 TOTAL 1,764.39 OFFICE SUPPLIES 401-921- 08 85. 90 OFFICE SUPPLIES -REIMBURSED BY J WEBSTER 401-921- 08 85.90 HECK GEN 70265 TOTAL 171.80 Grounds - Outside Services 401-935- 08 32.50 GLOVE, SIZE L, 5474 401-880- 04 528.00 BREAKROOM/RECOGNITION BANQUET 401-926- 08 51.50 MATERIALS 401-874- 04 120.15 MATERIALS 401-856- 05 37.80 HECK GEN 70272 TOTAL 157.95 Grounds - Materials 401-935- 08 138.43 GROUNDS - OUTSIDE SERVICES 401-935- 08 173.30 UTILITIES -NEW ULM COMMUNICATIONS 401-856- 05 106. 94 Grounds - Outside Services 401-935- 08 910.41 CIP - MARKETING 401-916- 07 92.55 OFFICE SUPPLIES 401-921- 08 27.50 CIP - RESIDENTIAL 401-916- 07 357.49 Cip - Marketing 401-916- 07 76.38 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 2 GAS 11/14/2019 GEN 70287* LEAGUE OF MN CITIES INS TRUST PREPAID INSURANCE 174-000- 00 11/14/2019 GEN 702904 MCLEOD COOPERATVIE POWER ASSN MISC EXPENSE -GAS LINE PUMP 401-880- 04 UTILITIES (ELECTRIC, SATELLITE-MCLEOD 401-856- 05 UTILITIES (ELECTRIC, SATELLITE -PIPELINE 401-856- 05 HECK GEN 70290 TOTAL 11/14/2019 GEN 70291 NELSON TECHNOLOGIES INC 057783-000 IMC AMR Mounting Kit 107-381- 00 054983-011 IMC PULSE CABLE, 1 Foot 107-381- 00 HECK GEN 70291 TOTAL 11/14/2019 GEN 70292 NORTHERN BORDER PIPELINE CO LINE - OUTSIDE SERVICES -INTERCONNECT 401-856- 05 11/14/2019 GEN 70293* NUVERA TELEPHONE 401-921- 08 11/14/2019 GEN 70294*4 O'REILLY AUTOMOTIVE INC Training - Expense 401-870- 04 11/14/2019 GEN 70295*4 OXYGEN SERVICE COMPANY INC Materials 401-874- 04 11/14/2019 GEN 70297* PREMIUM WATERS INC OFFICE SUPPLIES -BOTTLED WATER 401-921- 08 11/14/2019 GEN 70298*4 PRO AUTO & TRANSMISSION REPAIR VEHICLES - MATERIAL -GAS 402-895- 04 11/14/2019 GEN 70299*4 QUADE ELECTRIC M & R Station Equipment 107-369- 00 Other Equipment (Co Tester - G 107-387- 00 HECK GEN 70299 TOTAL 11/14/2019 GEN 70300 RHINO MARKING & PROTECTION SYSTEMS MARKER, FIBER CURVE 62" WITH POLYTECH 154-000- 00 MARKER, FIBER CURVE 62" WITH POLYTECH 154-000- 00 HECK GEN 70300 TOTAL 11/14/2019 GEN 70303 SPRINT Utilities (Electric, Satellite 401-856- 05 11/14/2019 GEN 70306* UIS/SOURCECORP COLLECTION - MATERIALS 401-903- 06 11/14/2019 GEN 70307* VERIZON WIRELESS TELEPHONE 401-921- 08 Pag 27/29 Amount 21.06 76.92 41.86 42.39 161.17 253.27 434.98 688.25 2,000.00 631.28 180.15 88.19 6.89 468.78 190.02 328.04 405.40 133.00 164.85 389.72 11/19/2019 02:15 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/24/2019 - 11/20/2019 Description Fund: 2 GAS 11/14/2019 GEN 70310*4 WEST CENTRAL SANITATION INC 11/18/2019 GEN 467(E)*4 VISA Account Dept Pag 28/29 Amount UTILITY EXPENSES - WATER/WASTE 45/55 401-930- 08 176.86 TRAINING - EXPENSE 401-870- 04 334.80 MEETINGS & TRAVEL - EXPENS 401-870- 04 1, 402.90 MISC EXPENSE -FUEL 401-880- 04 58. 82 VEHICLES - MATERIAL -SEAT COVERS 402-895- 04 219.28 POWER EQUIPMENT - MATERIALS-GREESE 402-895- 04 70. 96 OTHER EQUIPMENT - MATERIALSASCO REPAIR 402-895- 04 64. 98 AM INOVATIONS-REMOTE MONITORING 401-856- 05 89. 50 MATERIALS -TESTING 401-856- 05 132.95 MATERIALS -PEST REPELLANT 402-863- 05 11.81 CIP - MARKETING -OPEN HOUSE 401-916- 07 3.19 OFFICE SUPPLIES -USE 401-921- 08 10. 94 OFFICE SUPPLIES-VERI DESK/STAR TRIB 401-921- 08 378.20 HECK GEN 467(E) TOTAL 2,778.33 11/19/2019 GEN 469(E)* BOND TRUST SERVICES CORPORATION 2012 GAS BONDS 2012 BOND INTEREST HECK GEN 469(E) TOTAL 221-000- 00 1,370,000.00 237-000- 00 304,675.00 11/19/2019 GEN 470(E)*4 BP CANANDA ENERGY SOLUTIONS GAS FOR RETAIL 401-807- 04 GAS FOR RETAIL 401-807- 04 3M 401-807- 04 HTI 401-807- 04 UNG 401-807- 04 BROWNTON 401-807- 04 Utility Expenses - Water/Waste 401-930- 08 HECK GEN 470(E) TOTAL 11/19/2019 GEN 471(E) PUBLIC ENERGY AUTHORITY OF Gas For Retail 401-807- 04 3M 401-807- 04 HTI 401-807- 04 HECK GEN 471(E) TOTAL 11/19/2019 GEN 70315 ADVANCE ENGINEERING CORP METER BAR ASSEMBLY, 800, AS PER 154-000- 00 11/19/2019 GEN 70316* ALPHA WIRELESS SCADE ANTENNA INSTAIL 401-921- 08 11/19/2019 GEN 70317* BECKY RISTOW CIP - RESIDENTIAL -CLOWNING -OPEN HOUSE 401-916- 07 1,674,675.00 568.30 88,099.49 82,649.93 4,304.29 4,656.42 5,369.46 186,713.78 110,762.38 75,190.50 594.60 3,604.43 37.50 11/19/2019 02:15 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/24/2019 - 11/20/2019 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 2 GAS 11/19/2019 GEN 70318 BOND TRUST SERVICES CORPORATION Bond Service Fees 427-000- 08 11/19/2019 GEN 70319 BORDER STATES ELECTRIC SUPPLY Materials 402-892- 04 11/19/2019 GEN 7032214 CITY OF HUTCHINSON Utility Expenses - Water/Waste 401-930- 08 Utility Expenses - Water/Waste 401-930- 08 Utility Expenses - Water/Waste 401-930- 08 HECK GEN 70322 TOTAL 11/19/2019 GEN 70324* DONNA MEYER 11/19/2019 GEN 70325* ELIZABETH PODRATZ 11/19/2019 GEN 70331 JON BETKER 11/19/2019 GEN 70332* MARY EISENBRAUN 11/19/2019 GEN 70333* MN NCPERS 11/19/2019 GEN 70335 NELSON TECHNOLOGIES INC 11/19/2019 GEN 70336*4 OXYGEN SERVICE COMPANY INC 11/19/2019 GEN 70339* RICHARD LARSON 11/19/2019 GEN 70341 VERIZON WIRELESS 11/20/2019 GEN 482(E)* MINNESOTA REVENUE CIP - RESIDENTIAL -CLOWNS OPEN HOUSE 401-916- 07 Cip - Residential 401-916- 07 Cip - Residential 401-916- 07 Cip - Residential 401-916- 07 LIFE INSURANCE-PERA LIFE 242-000- 00 Dresser, D800 Roots Gas 107-381- 00 Materials 401-874- 04 Cip - Residential 401-916- 07 UTILITIES (ELECTRIC, SATELLITE-SCADA 401-856- 05 State Sales Tax 242-000- 00 City Sales Tax 242-000- 00 HECK GEN 482(E) TOTAL Total for fund 2 GAS TOTAL - ALL FUNDS '*'-INDICATES CHECK DISTRIBUTED TO MORE THAN ONE FUND '#'-INDICATES CHECK DISTRIBUTED TO MORE THAN ONE DEPARTMENT Pag 29/29 Amount 475.00 450.38 6.91 48.81 322.69 378.41 37.50 400.00 625.00 25.00 16.00 11,093.63 41.65 400.00 117.06 7,354.00 517.00 7,871.00 2,232,979.63 5,291,548.53 HUTCHINSON UTILITIES COMMISSION COMBINED DIVISIONS FINANCIAL REPORT FOR OCTOBER, 2019 Combined Division Customer Revenue Sales for Resale NU Transportation Electric Division Transfer Other Revenues Interest Income TOTALREVENUES Salaries & Benefits Purchased Commodities Transmission Generator Fuel/Chem. Depreciation Transfers (Elect./City) Operating Expense Debt Interest TOTAL EXPENSES NET PROFIT/(LOSS) 2019 2018 Di %Chng 1 2019 2018 Di %Chng I FullYrBud %of Bud $ 2,723,280 $ 2,800,507 $ (77,227) (2.8%) $ 29,313,996 $ 29,938,717 $ (624,721) (2.1%) $ 36,285,018 80.8% $ 236,561 $ 284,798 $ (48,237) (16.9%) $ 2,369,004 $ 2,681,305 $ (312,301) (11.6%) $ 2,951,500 80.3% $ 104,947 $ 106,958 $ (2,010) (1.9%) $ 872,101 $ 777,964 $ 94,137 12.1% $ 885,452 98.5% $ 54,982 $ 54,697 $ 285 0.5% $ 549,819 $ 546,972 $ 2,848 0.5% $ 659,783 83.3% $ 38,591 $ 68,133 $ (29,541) (43.4%) $ 508,317 $ 538,212 $ (29,895) (5.6%) $ 490,208 103.7% $ 52,563 $ 38,830 $ 13,733 35.4% $ 446,166 $ 288,392 $ 157,774 54.7% $ 283,456 157.4% $ 3,210,925 $ 3,353,923 $ (142,998) (4.3%) $ 34,059,402 $ 34,771,562 $ (712,160) (2.0%) $ 41,555,417 82.0% $ 483,977 $ 499,786 $ (15,808) (3.16%) $ 5,013,128 $ 4,868,971 $ 144,157 3.0% $ 6,676,681 75.1% $ 1,358,777 $ 1,615,283 $ (256,506) (15.9%) $ 16,202,090 $ 16,841,540 $ (639,449) (3.8%) $ 19,155,179 84.6% $ 278,554 $ 152,098 $ 126,456 83.1% $ 2,566,765 $ 2,079,883 $ 486,882 23.4% $ 3,380,000 75.9% $ 65,825 $ 73,627 $ (7,802) (10.6%) $ 607,555 $ 1,044,945 $ (437,390) (41.9%) $ 1,139,850 53.3% $ 327,083 $ 325,667 $ 1,417 0.4% $ 3,270,833 $ 3,256,667 $ 14,167 0.4% $ 3,925,000 83.3% $ 188,434 $ 158,986 $ 29,448 18.5% $ 1,884,339 $ 1,589,862 $ 294,477 18.5% $ 2,261,207 83.3% $ 181,700 $ 216,328 $ (34,629) (16.0%) $ 2,023,681 $ 1,645,334 $ 378,347 23.0% $ 2,791,443 72.5% $ 97,334 $ 103,551 $ (6,218) (6.0%) $ 973,339 $ 1,035,514 $ (62,176) 6.0% $ 1,168,007 83.3% $ 2,981,684 $ 3,145,326 $ (163,643) (5.2%) $ 32,541,730 $ 32,362,716 $ 179,014 0.6% $ 40,497,367 80.4% $ 229,241 $ 208,597 $ 20,645 9.9%1 1,517,672 $ 2,408,846 $ (891,174) (37.0%) $ 1,058,050 143.4% October Octoboer YTD YTD 2019 2018 Change 2019 2018 Change Gross Margin % 35.9% 35.6% 0.3% 32.6% 34.3% -1.7% Operating Income Per Revenue $ (%) 8.1% 7.0% 1.1% 5.3% 8.3% -3.0% Net Income Per Revenue $ (%): 7.1% 6.2% 0.9% 4.5% 6.9% -2.5% 2019 HUC Budget Target 32.8% 9pl 4.2% 2.5% HUTCHINSON UTILITIES COMMISSION ELECTRIC DIVISION FIN,NANpCINNNAL REPORT FOR OCTOBER, 2019 p �� ppAp�pp�pp�ppppppNNNNN p 83.3% o¢ Year Comp. 2019 2018 Di %Chng 2019 2018 Di %Chng Full YrBud %ofBud Electric Division Customer Revenue $ 1,986,081 $ 1,981,385 $ 4,696 0.2% $ 21,232,764 $ 21,534,290 $ (301,527) (1.4%) $ 26,118,530 81.3% Sales for Resale $ 236,561 $ 284,798 $ (48,237) (16.9%) $ 2,369,004 $ 2,681,305 $ (312,301) (11.6%) $ 2,951,500 80.3% Other Revenues $ 15,327 $ 23,587 $ (8,260) (35.0%) $ 219,970 $ 228,700 $ (8,730) (3.8%) $ 203500 108.1% Interest Income $ 27,676 $ 20,809 $ 6,867 33.0% $ 237,406 $ 158,136 $ 79,270 50.1% $ 158:456 149.8% TOTAL REVENUES $ 2,265,645 $ 2,310,580 $ (44,935) (1.9%) $ 24,059,143 $ 24,602,431 $ (543,288) (2.2%) $ 29,431,986 81.7% Salaries & Benefits $ 349,001 $ 386,674 $ (37,672) (9.7%) $ 3,714,983 $ 3,828,515 $ (113,532) (3.0%) $ 4,964,884 74.8% Purchased Power $ 982,270 $ 1,126,460 $ (144,190) (12.8%) $ 11,673,449 $ 12,372,904 $ (699,455) (5.7%) $ 13,640,000 85.6% Transmission $ 278,554 $ 152,098 $ 126,456 83.1% $ 2,566,765 $ 2,079,883 $ 486,882 23.4% $ 3,380,000 75.9% Generator Fuel/Chem. $ 65,825 $ 73,627 $ (7,802) (10.6%) $ 607,555 $ 1,044,945 $ (437,390) (41.9%) $ 1,139,850 53.3% Depreciation $ 241,667 $ 241,667 $ - 0.0% $ 2,416,667 $ 2,416,667 $ - 0.0% $ 2,900,000 83.3% Transfers (Elect./City) $ 147,172 $ 128,224 $ 18,947 14.8% $ 1,471,718 $ 1,282,244 $ 189,474 14.8% $ 1,766,062 83.3% Operating Expense $ 125,403 $ 158,724 $ (33,321) (21.0%) $ 1,413,507 $ 1,119,989 $ 293,518 26.2% $ 1,749,498 80.8% Debt Interest $ 46,555 $ 47,376 $ (822) (1.7%) $ 465,547 $ 473,764 $ (8,217) 1.7% $ 558,657 83.3% TOTAL EXPENSES $ 2,236,446 $ 2,314,850 $ (78,404) (3.4%) $ 24,330,191 $ 24,618,911 $ (288,719) (1.2%) $ 30,098,951 80.8% NET PROFIT/(LOSS) $ 29,198 $ (4,271) $ 33,469 (783.7%) $ (271,048) $ (16,479) $ (254,569) 1,544.8% $ (666,965) 40.6% 2019 2018 Di %Chng 2019 2018 Di . %Chng Full YrBud %ofBud Electric Division Residential 3,669,522 3,561,071 108,451 3.05% 42,376,263 43,356,876 (980,613) (2.26%) 50,327,925 84.2% All Electric 172,009 161,346 10,663 6.61% 2,037,722 2,003,729 33,993 1.70% 2,504,213 81.4% Small General 1,418,772 1,448,961 (30,189) (2.08%) 15,768,265 15,906,056 (137,791) (0.87%) 17,687,385 89.1% Large General 6,456,310 6,537,500 (81,190) (1.24%) 67,939,770 66,601,440 1,338,330 2.01% 77,713,164 87.4% Industrial 9,960,000 10,607,000 (647,000) (6.10%) 101,484,000 110,064,000 (8,580,000) (7.80%) 135,502,800 74.9% Total KWH Sold 21,676,613 22,315,878 (639,265) (2.86%) 229,606,020 237,932,101 (8,326,081) (3.50%)l 283,735,487 80.9% October Octoboer YTD YTD 2019 HUC 2019 2018 Change 2019 2018 Change Budget Target Gross Margin % 27.6% 29.6% -2.0% 25.2% 26.7% -1.5% 25.3% Operating Income Per Revenue $ (%) 2.1% 0.7% 1.4% -0.5% 0.9% -1.4% -0.9% 0%-5% Net Income Per Revenue $ (%): 1.3% -0.2% 1.5% -1.1% -0.1% -1.1% -2.3% 0%-5% Customer Revenue per KWH: $0.0916 $0.0888 $0.0028 $0.0920 $0.0900 $0.0020 $0.0915 Total Power Supply Exp. per KWH: $0.0747 $0.0720 $0.0027 $0.0774 $0.0751 $0.0023 $0.0771 $0.0771 Electric Divison had an October net income increase of $33,469 over 2018. Usage was up throughout the residential classes but down in the commercial class. Purchased power and generator fuel costs were below October 2018 numbers. Sales for Resale of $236,561 consisted of $31,083 in market sales, $36,400 in the monthly tolling fee from Transalta, $19,578 in Transalta energy sales, $136,000 in capacity sales to SMMPA and $13,500 in capacity sales to AEP. October 2018 Sales for Resale of $284,798 consisted of $20,287 in market sales, $35,600 in monthly tolling fees from Transalta, $112,911 in Transalta energy sales, and $116,000 in capacity sales to SMMPA. October 2017 Sales for Resale of $177,127 consisted of $16,604 in market sales, $34,400 in Transalta tolling fees, $30,123 in Transalta energy sales, and $96,000 SMMPA capacity Overall Purchased Power decreased by $144,190. MRES purchases decreased by $28,879 and market purchases/MISO costs decreased by $115,311. October power cost adjustment was $.00585/kwhr bringing in an additional $126,905 in revenue for the month and $1,647,918 YTD. Last year's power cost adjustment for October 2018 generated $93,593 in additional revenue for the month and $1,401,810 YTD. HUTCHINSON UTILITIES COMMISSION GAS DIVISION FINANCIAL REPORT FOR OCTOBER, 2019 2019 2018 Di %Chng 2019 2018 Di %Chng Full YrBud %of Bud Gas Division Customer Revenue $ 737,199 $ 819,122 $ (81,923) (10.0%) $ 8,081,232 $ 8,404,426 $ (323,194) (3.8%) $ 10,166,488 79.5% Transportation $ 104,947 $ 106,958 $ (2,010) (1.9%) $ 872,101 $ 777,964 $ 94,137 12.1% $ 885,452 98.5% Electric Div. Transfer $ 54,982 $ 54,697 $ 285 0.5% $ 549,819 $ 546,972 $ 2,848 0.5% $ 659,783 83.3% Other Revenues $ 23,264 $ 44,546 $ (21,281) (47.8%) $ 288,347 $ 309,513 $ (21,166) (6.8%) $ 286,708 100.6% Interest Income $ 24,888 $ 18,021 $ 6,867 38.1% $ 208,760 $ 130,256 $ 78,505 60.3% $ 125,000 167.0% TOTAL REVENUES $ 945,280 $ 1,043,344 $ (98,063) (9.4%) $ 10,000,259 $ 10,169,131 $ (168,871) (1.7%) $ 12,123,431 82.5% Salaries & Benefits $ 134,976 $ 113,112 $ 21,864 19.3% $ 1,298,145 $ 1,040,456 $ 257,689 24.8% $ 1,711,797 75.8% Purchased Gas $ 376,507 $ 488,822 $ (112,315) (23.0%) $ 4,528,641 $ 4,468,636 $ 60,005 1.3% $ 5,515,179 82.1% Operating Expense $ 56,297 $ 57,604 $ (1,308) (2.3%) $ 610,174 $ 525,345 $ 84,829 16.1% $ 1,041,945 58.6% Depreciation $ 85,417 $ 84,000 $ 1,417 1.7% $ 854,167 $ 840,000 $ 14,167 1.7% $ 1,025,000 83.3% Transfers (City) $ 41,262 $ 30,762 $ 10,500 34.1% $ 412,621 $ 307,618 $ 105,003 34.1% $ 495,145 83.3% Debt Interest $ 50,779 $ 56,175 $ (5,396) 0.0% $ 507,792 $ 561,750 $ (53,959) ja.6% $ 609,350 83.3% TOTAL EXPENSES $ 745,237 $ 830,476 $ (85,239) (10.3%) $ 8,211,539 $ 7,743,805 $ 467,734 6.0% $ 10,398,416 79.0% NET PROFIT/(LOSS) $ 200,043 $ 212,868 $ (12,825) (6.0%)l $ 1,788,720 $ 2,425,325 $ (636,605) (26.2%) $ 1,725,015 103.7% 83.3% of Year Comp. 2019 2018 Di %Chng 2019 2018 Di %Chng Full YrBud %ofBud Gas Division Residential 30,469,319 30,119,233 350,086 1.16% 335,371,893 321,912,729 13,459,164 4.18% 421,716,000 79.5% Commercial 23,792,611 25,788,362 (1,995,751) (7.74%) 260,936,240 259,823,476 1,112,764 0.43% 330,746,000 78.9% Industrial 68,215,716 69,658,693 (1,442,977) (2.079/,) 688,299,044 689,421,079 (1,122,035) (0.16%) 822,478,000 83.7% Total CF Sold 122,477,646 125,566,288 (3,088,642) (2.46%) 1,284,607,177 1,271,157,284 13,449,893 1.06% 1,574,940,000 81.6% October Octoboer YTD YTD 2019 HUC 2019 2018 Change 2019 2018 Change Budget Target Gross Margin % 56.6% 49.6% 7.0% 51.0% 53.3% -2.4% 51.5% Operating Income Per Revenue $ (%) 23.0% 21.6% 1.4% 19.4% 26.6% -7.2°% 16.9°% Net Income Per Revenue $ (%): 22.3% 21.7% 0.6% 18.8% 24.9% -6.1% 14.7% IIIIIIIIIIIIIIIIIIIII Contracted Customer Rev. per CF: $0.0036 $0.0040 -$0.0004 $0.0039 $0.0040 -$0.0001 $0.0038 IIIIIIIIIIIIIIIIIIIII Customer Revenue per CF: $0.0087 $0.0093 -$0.0006 $0.0087 $0.0093 -$0.0007 $0.0090 $0.0090 Total Power Supply Exp. per CF: $0.0032 $0.0040 ($0.0008) $0.0037 $0.0036 $0.0001 $0.0036 $0.0036 Natural Gas net income decreased by $12,825. October's fuel cost credit adjustment was $1.155/MCF totalling $67,068 for the month and $763,311 YTD. October 2018 credits totalled $35,731 for the month and $364,002 YTD. Current Assets UnrestrictedlUndesignated Cash Cash Petty Cash Designated Cash Capital Expenditures - Five Yr. CIP Payment in Lieu of Taxes Rate Stabilization - Electric Rate Stabilization - Gas Catastrophic Funds Restricted Cash Bond Interest Payment 2017 Bond Interest Payment 2012 Debt Service Reserve Funds Total Current Assets Receivables Accounts (net of uncollectible allowances) Interest Total Receivables Other Assets Inventory Prepaid Expenses Sales Tax Receivable Deferred Outflows - Electric Deferred Outflows - Gas Total Other Assets Total Current Assets Capital Assets Land & Land Rights Depreciable Capital Assets Accumulated Depreciation Construction - Work in Progress Total Net Capital Assets HUTCHINSON UTILITIES COMMISSION BALANCE SHEET - CONSOLIDATED OCTOBER 31, 2019 Electric Gas Total Total Division Division 2019 2018 6,798,651.76 9,009,606.99 680.00 170.00 15,808,258.75 17,659,835.47 850.00 850.00 Net Change Total (YTD) (1,851,576.72) 2,750,000.00 700,000.00 3,450,000.00 3,450,000.00 - 1,106,279.00 495,145.00 1,601,424.00 1,251,469.00 349,955.00 372,736.68 - 372,736.68 372,736.68 - - 651,306.61 651,306.61 651,306.61 - 400,000.00 100,000.00 500,000.00 500,000.00 - 1,585,018.24 - 1,585,018.24 1,222,932.81 362,085.43 - 1,805,812.52 1,805,812.52 1,805,008.33 804.19 522,335.64 2,188,694.02 2,711,029.66 2,711,029.66 - 13,535,701.32 14,950,735.14 28,486,436.46 29,625,168.56 (1,138,732.10) 2,018,368.94 849,349.16 2,867,718.10 3,019,754.63 (152,036.53) 23,632.29 23,632.29 47,264.58 38,078.98 9,185.60 2,042,001.23 872,981.45 2,914,982.68 3,057,833.61 (142,850.93) 1,353,042.93 453,554.64 1,806,597.57 1,606,579.57 200,018.00 140,833.69 327.67 141,161.36 58,182.08 82,979.28 66,334.29 - 66,334.29 59,926.61 6,407.68 494,053.00 - 494,053.00 752,887.00 (258,834.00) - 164,685.00 164,685.00 250,962.00 (86,277.00) 2,054,263.91 618,567.31 2,672,831.22 2,728,537.26 (55,706.04) 17, 631, 966.46 16, 442, 283.90 690,368.40 3,899,918.60 90,205,959.47 41,684,214.28 (57,588,050.92) (16,940,572.88) 16,589,939.00 324,614.62 49,898,215.95 28,968,174.62 34,074,250.36 35,411,539.43 (1,337,289.07) 4,590,287.00 4,590,287.00 - 131,890,173.75 130,895,924.16 994,249.59 (74,528,623.80) (70,792,245.23) (3,736,378.57) 16,914,553.62 12,112,337.36 4,802,216.26 78,866,390.57 76,806,303.29 2,060,087.28 Total Assets 67,530,182.41 45,410,458.52 112,940,640.93 112,217,842.72 722,798.21 HUTCHINSON UTILITIES COMMISSION BALANCE SHEET - CONSOLIDATED OCTOBER 31, 2019 Electric Gas Total Total Net Change Division Division 2019 2018 Total (YTD) Current Liabilities Current Portion of Long-term Debt Bonds Payable 625,000.00 1,370,000.00 1,995,000.00 1,295,000.00 700,000.00 Bond Premium - 185,608.32 185,608.32 185,608.32 - Accounts Payable 2,508,409.55 698,079.75 3,206,489.30 2,579,054.86 627,434.44 Accrued Expenses Accrued Interest 232,773.45 253,895.85 486,669.30 517,757.30 (31,088.00) Accrued Payroll 32,143.69 12,445.99 44,589.68 142,974.73 (98,385.05) Total Current Liabilities 3,398,326.69 2,520,029.91 5,918,356.60 4,720,395.21 1,197,961.39 Long -Term Liabilities Noncurrent Portion of Long-term Debt 2017 Bonds 16,050,000.00 - 16,050,000.00 16,675,000.00 (625,000.00) 2012 Bonds - 12,530,000.00 12,530,000.00 13,900,000.00 (1,370,000.00) Bond Premium 2012 605,013.36 1,129,116.91 1,734,130.27 1,953,195.55 (219,065.28) Pension Liability- Electric 2,700,290.00 - 2,700,290.00 3,083,440.00 (383,150.00) Pension Liability - Electric OPEB 72,192.00 - 72,192.00 - 72,192.00 Pension Liability- Nat Gas - 900,097.00 900,097.00 1,027,813.00 (127,716.00) Pension Liability - Nat Gas OPEB - 24,064.00 24,064.00 - 24,064.00 Accrued Vacation Payable 366,391.02 111,060.50 477,451.52 426,510.04 50,941.48 Accrued Severance 77,139.06 29,491.28 106,630.34 102,320.61 4,309.73 Deferred Outflows - Electric 804,800.00 - 804,800.00 794,370.00 10,430.00 Deferred Outflows - Nat Gas - 268,267.00 268,267.00 264,790.00 3,477.00 Total Long -Term Liabilities 20,675,825.44 14,992,096.69 35,667,922.13 38,227,439.20 (2,559,517.07) Net Position Retained Earnings 43,456,030.28 27,898,331.92 71,354,362.20 69,270,008.31 2,084,353.89 Total Net Position 43,456,030.28 27,898,331.92 71,354,362.20 69,270,008.31 2,084,353.89 Total Liabilities and Net Position 67,530,182.41 45,410,458.52 112,940,640.93 112,217,842.72 722,798.21 Hutchinson Utilities Commission Cash -Designations Report, Combined 10/31/2019 Change in Financial Annual Balance, Balance, Cash/Reserve Institution Current Interest Rate Interest October 2019 September 2019 Position Savings, Checking, Investments varies Total Operating Funds varies varies 28,486,436.46 28,141,971.98 344,464.48 Debt Reserve Requirements Bond Covenants - sinking fund Debt Reserve Requirements Bond Covenants -1 year Max. P & I Total Restricted Funds 28,486,436.46 28,141,971.98 344,464.48 3,390,830.76 3,128,101.06 262,729.70 2,711,029.66 2,711,029.66 - 6,101,860.42 5,839,130.72 262,729.70 Operating Reserve Min 60 days of 2019 Operating Bud. 6,086,812.00 6,086,812.00 Rate Stabalization Funds 1,024,043.29 1,024,043.29 PILOT Funds Charter (Formula Only) 1,601,424.00 1,601,424.00 Catastrophic Funds Risk Mitigation Amount 500,000.00 500,000.00 Capital Reserves 5 Year CIP ( 2019-2023 Fleet & Infrastructure Maintenance) 3,450,000.00 3,450,000.00 Total Designated Funds 12,662,279.29 12,662,279.29 YE YE YE YE YTD HUC 2015 2016 2017 2018 2019 Target Debt to Asset 32.4% 32.2% 40.2% 37.7% 36.8% Current Ratio 2.52 3.06 3.36 3.93 4.62 RONA 1.31% 2.17% 1.82% 3.43% 1.51% Notes/Graphs: Change in Cash Balance (From 12131114 to 913012019) Month End Electric Elec. Change Natural Gas Gas Change Total Total Change 10/31/2019 13,535,701 14,950,735 28,486,436 12/31/2018 15,559,867 (2,024,166) 12,335,998 2,614,738 27,895,864 590,572 12/31/2017 23,213,245 (7,653,378) 10,702,689 1,633,309 33,915,934 (6,020,070) 12/31/2016 8,612,801 14,600,444 9,500,074 1,202,615 18,112,875 15,803,059 12/31/2015 6,170,790 2,442,011 9,037,373 462,701 15,208,163 2,904,712 12/31/2014 3,598,821 2,571,969 6,765,165 2,272,208 10,363,986 4,844,177 * 2017's Signifcant increase in cash balance is due to issuing bonds for the generator project. Hutchinson Utilities Commission Cash -Designations Report, Electric 10/31/2019 Change in Financial Annual Balance, Balance, Cash/Reserve Institution Current Interest Rate Interest October 2019 September 2019 Position Savings, Checking, Investments varies varies varies 28,486,436.46 28,141,971.98 344,464.48 Total HUC Operating Funds 28,486,436.46 28,141,971.98 344,464.48 Debt Restricted Requirements Bond Covenants - sinking fund Debt Restricted Requirements Bond Covenants -1 year Max. P & I Total Restricted Funds 1,585,018.24 1,486,380.21 98, 638.03 522,335.64 522,335.64 - 2,107,353.88 2,008,715.85 98,638.03 Operating Reserve Min 60 days of 2019 Operating Bud. 4,532,992.00 4,532,992.00 Rate Stabalization Funds $400K-$1.2K 372,736.68 372,736.68 PILOT Funds Charter (Formula Only) 1,106,279.00 1,106,279.00 Catastrophic Funds Risk Mitigation Amount 400,000.00 400,000.00 Capital Reserves 5 Year CIP ( 2019-2023 Fleet & Infrastructure Maintenance) 2,750,000.00 2,750,000.00 Total Designated Funds 9,162,007.68 9,162,007.68 YE YE YE YE YTD APPA Ratio HUC 2015 2016 2017 2018 2019 SK-10K Cust. Target Debt to Asset Ratio (* w/Gen.) 13.9% 16.7% 35.4% 35.7% 35.6% 50.1% Current Ratio 2.95 3.57 4.36 3.63 4.42 2.43 RONA -1.2% -0.4% -0.6% -0.3% -0.4% NA >0% Hutchinson Utilities Commission Cash -Designations Report, Gas 10/31/2019 Change in Financial Annual Balance, Balance, Cash/Reserve Institution Current Interest Rate Interest October 2019 September 2019 Position Savings, Checking, Investments varies varies Total HUC Operating Funds \\ q Debt Restricted Requirements Bond Covenants - sinking fund Debt Restricted Requirements Bond Covenants -1 year Max. P & I Total Restricted Funds varies 28,486,436.46 28,141,971.98 344,464.48 28,486,436.46 28,141,971.98 344,464.48 1,805,812.52 1,641,720.85 164, 091.67 2,188,694.02 2,188,694.02 - 3,994,506.54 3,830,414.87 164,091.67 Operating Reserve Min 60 days of 2019 Operating Bud. 1,553,820.00 1,553,820.00 Rate Stabalization Funds $200K-$600K 651,306.61 651,306.61 PILOT Funds Charter (Formula Only) 495,145.00 495,145.00 Catastrophic Funds Risk Mitigation Amount 100,000.00 100,000.00 Capital Reserves 5 Year CIP ( 2019-2023 Fleet & Infrastructure Maintenance) 700,000.00 700,000.00 Total Designated Funds 3,500,271.61 3,500,271.61 YE YE YE YE YTD HUC 2015 2016 2017 2018 2019 APGA Ratio Target Debt to Asset 55.0% 51.2% 47.6% 40.7% 38.6% TBD Current Ratio 2.17 2.59 2.74 4.33 4.87 TBD RONA 4.7% 5.6% 5.0% 8.3% 4.6% TBD HUTCHINSON UTILITIES COMMISSION Investment Report For the Month Ended October 31, 2019 Interest Current Date of Date of Par Current Purchase Unrealized Premium Next Institution Description Rate YTM Purchase Maturity Value Value Amount Gain/(Loss) (Discount) Call Date Wells Fargo Money Market 1.120 % 1.120 % NA NA - 25,466.51 - - - N/A Wells Fargo CD's 2.550% 2.550% 08/21/2018 02/21/2020 245,000.00 245,742.35 245,000.00 742.35 - N/A Wells Fargo CD's 2.450 % 2.450 % 03/27/2019 03/27/2020 245,000.00 245,845.25 245,000.00 845.25 - N/A Wells Fargo CD's 1.900 % 1.900 % 08/21/2019 08/23/2021 174,000.00 174,441.96 174,000.00 441.96 - N/A Wells Fargo CD's 2.500 % 2.500 % 04/02/2019 04/05/2021 245,000.00 247,660.70 245,000.00 2,660.70 - N/A Wells Fargo CD's 2.000% 2.000% 04/07/2016 10/07/2021 245,000.00 245,418.95 245,000.00 418.95 - 04/07/2020 Wells Fargo CD's 2.000% 2.000% 10/07/2019 12/31/2020 245,000.00 245,512.05 245,000.00 512.05 - 01/07/2020 Wells Fargo CD's 2.150 % 2.150 % 06/27/2017 06/27/2022 245,000.00 245,095.55 245,000.00 95.55 - 11/27/2019 Wells Fargo CD's 2.000% 2.000% 08/22/2019 08/22/2022 200,000.00 199,726.00 200,000.00 (274.00) - 03/29/2020 Wells Fargo FHLMC - Step 2.000% 2.192 % 06/29/2017 06/29/2022 275,000.00 275,134.75 275,000.00 134.75 - 12/29/2019 Wells Fargo FHLMC - Step 2.000% 2.256% 10/27/2016 10/27/2023 1,025,000.00 1,025,379.25 1,025,000.00 379.25 01/27/2020 Broker Total 25.7% 3,144,000.00 3,175,423.32 3,144,000.00 5,956.81 - Cetera Investment Services Money Market 0.070 % 0.070 % N/A N/A - 69,608.93 - - - N/A Cetera Investment Services Municipal Bonds 2.995% 2.073% 03/07/2016 07/01/2020 250,000.00 251,822.50 260,835.21 (9,012.71) 10,835.21 N/A Cetera Investment Services Municipal Bonds 2.750% 1.881 % 03/07/2016 08/01/2020 250,000.00 251,720.00 259,820.00 (8,100.00) 9,820.00 N/A Cetera Investment Services Municipal Bonds 5.000% 1.610% 10/11/2016 01/01/2020 250,000.00 251,497.50 276,500.00 (25,002.50) 26,500.00 N/A Cetera Investment Services Municipal Bonds 2.300% 1.715% 12/11/2017 10/01/2020 100,000.00 100,488.00 101,595.00 (1,107.00) 1,595.00 N/A Cetera Investment Services Municipal Bonds 2.875% 2.121 % 04/29/2016 09/01/2021 250,000.00 254,492.50 259,467.50 (4,975.00) 9,467.50 N/A Cetera Investment Services Municipal Bonds 3.751 % 2.399% 04/29/2016 11/01/2021 250,000.00 256,657.50 267,330.00 (10,672.50) 17,330.00 N/A Cetera Investment Services Municipal Bonds 3.139% 2.190% 12/11/2017 09/01/2021 300,000.00 306,372.00 310,116.00 (3,744.00) 10,116.00 N/A Cetera Investment Services Municipal Bonds 3.436% 3.436% 12/20/2018 12/15/2021 50,000.00 47,674.00 45,155.00 2,519.00 (4,845.00) N/A Cetera Investment Services Municipal Bonds 2.655% 2.208% 12/11/2017 03/01/2022 300,000.00 305,487.00 305,314.92 172.08 5,314.92 N/A Cetera Investment Services Municipal Bonds 3.000% 3.118% 12/20/2018 08/01/2022 50,000.00 51,367.50 50,377.67 989.83 377.67 N/A Cetera Investment Services Municipal Bonds 3.633% 3.116% 12/20/2018 09/01/2022 250,000.00 260,470.00 257,217.48 3,252.52 7,217.48 N/A Cetera Investment Services Municipal Bonds 3.240% 3.240% 11/17/2017 02/15/2023 80,000.00 73,957.60 69,633.48 4,324.12 (10,366.52) N/A Cetera Investment Services Municipal Bonds 3.650% 3.004% 12/20/2018 02/01/2023 250,000.00 261,445.00 256,165.00 5,280.00 6,165.00 N/A Cetera Investment Services Municipal Bonds 3.075% 3.236% 12/20/2018 06/01/2023 50,000.00 51,574.50 49,746.15 1,828.35 (253.85) N/A Cetera Investment Services Municipal Bonds 2.500% 3.181 % 12/20/2018 08/01/2023 35,000.00 35,762.65 34,320.05 1,442.60 (679.95) N/A Cetera Investment Services Municipal Bonds 3.400% 3.148% 12/20/2018 11/01/2023 125,000.00 129,183.75 126,376.25 2,807.50 1,376.25 N/A Cetera Investment Services Municipal Bonds 3.400% 3.148% 12/20/2018 11/01/2023 65,000.00 67,175.55 65,715.65 1,459.90 715.65 N/A Cetera Investment Services Municipal Bonds 5.290% 2.724% 04/18/2019 06/01/2023 260,000.00 287,050.40 291,059.96 (4,009.56) 31,059.96 N/A Cetera Investment Services Municipal Bonds 2.854% 3.173% 12/20/2018 02/01/2024 100,000.00 103,063.00 99,605.96 3,457.04 (394.04) N/A Cetera Investment Services Municipal Bonds 2.977% 3.246% 12/20/2018 03/15/2024 250,000.00 257,975.00 248,743.99 9,231.01 (1,256.01) N/A Cetera Investment Services Municipal Bonds 3.922% 3.429% 12/20/2018 12/01/2024 204,000.00 218,936.88 257,122.49 (38,185.61) 53,122.49 N/A Cetera Investment Services Municipal Bonds 5.742% 3.658% 04/11/2019 08/01/2024 430,000.00 477,867.60 555,382.50 (77,514.90) 125,382.50 N/A Cetera Investment Services Municipal Bonds 4.400% 3.221 % 04/11/2019 07/01/2025 500,000.00 543,305.00 539,101.11 4,203.89 39,101.11 07/01/2023 Cetera Investment Services Municipal Bonds 5.640% 3.007% 04/18/2019 08/15/2025 205,000.00 178,905.55 169,737.95 9,167.60 (35,262.05) N/A Cetera Investment Services Municipal Bonds 3.743% 2.740% 04/18/2019 09/15/2025 215,000.00 231,761.40 228,334.53 3,426.87 13,334.53 N/A Cetera Investment Services Municipal Bonds 3.379% 1.934% 08/19/2019 10/01/2025 310,000.00 327,933.50 339,739.18 (11,805.68) 29,739.18 N/A Cetera Investment Services Municipal Bonds 4.250% 3.258% 04/11/2019 01/01/2026 500,000.00 534,970.00 529,769.03 5,200.97 29,769.03 N/A Cetera Investment Services Municipal Bonds 6.690% 3.356% 04/18/2019 04/15/2026 60,000.00 50,116.80 47,545.20 2,571.60 (12,454.80) N/A Cetera Investment Services Municipal Bonds 3.250% 2.903% 04/18/2019 08/01/2026 500,000.00 521,060.00 514,790.69 6,269.31 14,790.69 N/A Cetera Investment Services Municipal Bonds 2.150% 2.203% 07/01/2019 12/01/2026 40,000.00 39,850.00 40,150.64 (300.64) 150.64 N/A Cetera Investment Services Municipal Bonds 2.350% 2.191 % 07/01/2019 12/01/2026 500,000.00 506,845.00 505,385.00 1,460.00 5,385.00 N/A Cetera Investment Services Municipal Bonds 2.375% 1.816% 09/04/2019 12/01/2026 90,000.00 89,968.50 93,395.70 (3,427.20) 3,395.70 N/A Cetera Investment Services Municipal Bonds 3.000% 1.991 % 08/19/2019 02/01/2027 50,000.00 52,672.00 53,551.00 (879.00) 3,551.00 N/A Cetera Investment Services Municipal Bonds 3.150% 2.034% 08/19/2019 03/15/2027 100,000.00 105,991.00 109,138.50 (3,147.50) 9,138.50 N/A Cetera Investment Services Municipal Bonds 3.332% 3.120% 04/18/2019 04/15/2027 500,000.00 531,770.00 507,783.94 23,986.06 7,783.94 N/A Cetera Investment Services Municipal Bonds 3.553% 2.289% 08/19/2019 05/01/2027 55,000.00 58,664.65 60,468.04 (1,803.39) 5,468.04 05/01/2026 Cetera Investment Services Municipal Bonds 3.865% 2.470% 08/19/2019 05/01/2027 55,000.00 59,249.30 60,986.48 (1,737.18) 5,986.48 05/01/2025 Cetera Investment Services Municipal Bonds 2.817% 2.817% 09/25/2019 10/01/2027 35,000.00 26,993.75 27,969.55 (975.80) (7,030.45) 05/01/2025 Cetera Investment Services Municipal Bonds 3.230% 1.828% 08/19/2019 05/15/2027 145,000.00 155,537.15 160,827.31 (5,290.16) 15,827.31 Cetera Investment Services Municipal Bonds 3.270 % 2.141 % 08/19/2019 03/15/2028 155,000.00 164,203.90 60,468.04 103,735.86 (94,531.96) 09/15/2027 Cetera Investment Services Municipal Bonds 3.553% 2.289% 08/19/2019 08/01/2028 500,000.00 530,130.00 547,105.00 (16,975.00) 47,105.00 08/01/2027 Cetera Investment Services Municipal Bonds 3.000% 1.942% 08/19/2019 06/01/2029 115,000.00 122,018.45 125,961.80 (3,943.35) 10,961.80 Broker Total 74.3% 8,779,000.00 9,203,595.31 9,169,808.95 (35,822.57) 390,808.95 TOTAL INVESTMENTS 100.0% $ 11,923,000.00 $ 12,379,018.63 $ 12,313,808.95 $ (29,865.76) $ 390,808.95 Product Type Total Value Total Total Value Total Change Less than 1 year 1-2years $1,442,191.04 1,473,898.16 11.7% 11.9% Money Market $95,075.44 0.8% $11,438.55 0.1% $83,636.89 CD's 1,849,442.81 14.9% 1,847,326.60 15.0% 2,116.21 2-3years 1,641,612.30 13.3% Government Bonds 1,300,514.00 10.5% 1,300,252.50 10.5% 261.50 3-4years 1,735,169.40 14.0% Municipal Bonds 9,133,986.38 73.8% 9,183,409.55 74.4% 49,423.17 4-5years 1,035,264.90 8.4% TOTAL $12,379,018.63 100.0% $12,342,427.20 100.0% $36,591.43 5+years 5,050,882.83 40.8% TOTAL $12,379,018.63 100.0% Municipal Bonds Money Market I $6,000,000.00 Government Bonds 10.5% $5,000,000.00 $4,000,000.00 $3,000,000.00 $2,000,000.00 $1,000,000.00 $0.00 Less than i-2years 2-3years 3-4years year 4-5years S+years ELECTRIC DIVISION Operating Revenue October 2019 CLASS AMOUNT KWH /KWH Street Lights $0.77 14 $0.05500 Electric Residential Service $397,694.47 3,669,522 $0.10838 All Electric Residential Service $18,281.04 172,009 $0.10628 Electric Small General Service $147,291.07 1,418,772 $0.10382 Electric Large General Service $609,458.59 6,456,310 $0.09440 Electric Large Industrial Service $813,355.20 9,960,000 $0.08166 Total $1,986,081.14 21,676,627 $0.09162 Power Adjustment $0.00585 Rate Without Power Adjustment $0.08577 Electric Division Year -to -Date M2019$A--t 02018$A--t ■2019KWH110 02018 KWH110 28,000,000 27,000,000 26,000,000 25,000,000 24,000,000 23,000,000 22,000,000 21,000,000 20,000,000 19,000,000 18,000,000 17,000,000 16,000,000 15,000,000 14,000,000 13,000,000 12,000,000 11,000,000 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Street Lights Residential All Elec. Small Gen. Large Gen. Large For Resale Total Resid. Srv. Srv. Industrial NOTE: Sales for resale includes capacity sales, market sales and Transalta sales. NATURAL GAS DIVISION Operating Revenue OCTOBER 2019 CLASS AMOUNT MCF /$ MCF Residential $274,948.91 30,469 $9.02389 Commercial $198,303.93 23,793 $8.33455 Large Industrial $32,349.97 3,649 $8.86543 Large Industrial Contracts $231,596.24 64,567 $3.58691 Total $737,199.05 122,478 $6.01903 ® 2019 $ Amount 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Fuel Adjustment-$1.16000 Rate Without Fuel Adjustment $7.17903 Natural Gas Division Year -to -Date 0 2018 $ Amount ■ 2019 MCF 132018 MCF Gas Residential Gas Commercial Large Industrial Large Industrial Total Contracts liFFIWAKIIN eReliability I Monthly Statistics Monthly Report - Hutchinson Utilities Commission Year 2019 Month 10 - October V Annual Report? 0 Yes * No Hutchinson Utilities Commission Minimum duration Maximum duration Top-level Cause ----- Substation ----- V Circuit Remove Major Events? ----- V https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2019&month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 1 /5 11/12/2019 eReliability I Monthly Statistics IEEE 1366 Statistics Metric Oct 2019 Oct 2018 SAIDI 0.483 None SAIFI 0.0101 None CAI DI 48 None ASAI 99.9988% 100% Momentary Interruptions 0 0 Sustained Interruptions 1 0 Circuit Ranking - Worst Performing Ranked by Outage Count Circuit Substation Fdr#16 Plant 1 Ranked by Customer Interruptions Circuit Substation Fdr#16 Plant 1 Number of Outages 1 Customer Interruptions 72 Ranked by Customer Minutes of Duration Circuit Substation Customer Minutes of Duration Fdr#16 Plant 1 3,456 https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2019&month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 2/5 11/12/2019 eReliability I Monthly Statistics Historical Monthly SAIDI Chart s Mor thly 7............ ........ ........ . .......... 1,1- Ave age 6............ ........ 5 ........ ..... . 3 ........ ..... 2 ...... 0 „F Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2018 2018 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 Historical Monthly SAIFI Chart SAIDI of monthly SAIDI values SAIFI of monthly SAIFI values https://reIi abiIity.publicpower.org/reports/monthly/utility/91 /?year=2019&month =10&is_annual_report=no&minimum_outage_duratio n=&maximum_outa... 3/5 liKUWAKIIN Causes Ranked by Count eReliability I Monthly Statistics Cause Electrical Failure Causes Ranked by Duration Cause Electrical Failure Count Duration 3,456 https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2019&month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 4/5 11 /12/2019 Top 1 Outages for the Month eReliability I Monthly Statistics Address 924 Sunset St SW Customers Interrupted 72 Total Customers Affected for the Month: Average Customers Affected per Outage: Customer Minutes of Duration Interruption 48 3,456 Start Date 10/11/2019 72 72 https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2019&month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 5/5 Electric Production Work Order Descri„p iwo,n Materials 11708 Units 6 & 7 $ 14,369,702.00 11901 Plant 1 Heating/Air Conditioning 10,000.00 11902 East Engine Room Shop Floor Epoxy 35,000.00 11903 Plant 1 Cooling Tower Upgrade 80,000.00 11904 Unit 8 Controls Upgrade 270,000.00 11905 Lube Oil and Glycol Maintenance Plant 1 40,000.00 11906 Replacement Hoist in East Engine Room 30,000.00 11907 Unit 1 Circuit Breaker - $ 14,834,702.00 Total Total Percentage Labor Budgeted Actual Differn,,,,,m.........ece Com Leted, $ - $ 14,369,702.00 $ 15,455,782.07 $ 1,086,080.07 95% 2,000.00 $ 12,000.00 $ (12,000.00) $ 35,000.00 - $ (35,000.00) $ 80,000.00 29,516.81 $ (51,483.19) 10% 35,000.00 $ 305,000.00 59,299.11 $ (245,700.89) 10% 10,000.00 $ 50,000.00 17,152.18 $ (32,847.82) 25% - $ 30,000.00 16,526.00 $ (13,474.00) 50% - $ - 37,043.95 $ 37,043.95 75% $ 47,000.00 $ 14,881,702.00 $ 15,614,320.12 $ 732,618.12 Electric Distribution Work Total Total Percentage Order Description Materials Labor Budgeted Actual Difference Com i ed 21901 Pole Repair or Replacement 15,000.00 - 15,000.00 - $ (15,000.00) 21902 Station Equipment 10,000.00 10,000.00 3,948.94 $ (6,051.06) 25% 21903 Step Up Transformer Unit 3 100,000.00 5,000.00 105,000.00 940.94 $ (104,059.06) 5% 21904 Duct for Reconductor 15,000.00 65,000.00 80,000.00 92,764.90 $ 12,764.90 90% 21905 Century Court Apartments 20,000.00 15,000.00 35,000.00 9,965.60 $ (25,034.40) 10% 21906 Highfield Apartments 20,000.00 15,000.00 35,000.00 - $ (35,000.00) 21907 Feeder 15 and 16 Reconductor 50,000.00 100,000.00 150,000.00 139,552.91 $ (10,447.09) 90% 21908 New Developments 50,000.00 50,000.00 65,071.54 $ 15,071.54 85% 21909 City Road Projects 50,000.00 20,000.00 70,000.00 26,065.60 $ (43,934.40) 50% 21910 Century Court Apartments 20,000.00 5,000.00 25,000.00 1,173.10 $ (23,826.90) 21911 Transformer Replacements 40,000.00 14,000.00 54,000.00 924.84 $ (53,075.16) 5% 21912 Transformer New Developments 50,000.00 - 50,000.00 1,286.40 $ (48,713.60) 5% 21913 Highfield Apartments 15,000.00 3,000.00 18,000.00 - $ (18,000.00) 21914 Meters 30,000.00 30,000.00 - $ (30,000.00) 21915 Hutchinson Substation Circuit Breaker - - - 79,500.00 $ 79,500.00 .(........305,805805.- 100% $485,000.00 $ 242,000.00 $ 727,000.00 $ 421,194.77 $ .23) Administrative Work Order Description 51901 Replace #542 2008 Silverado 51902 Replace #573 2008 Super Duty Truck 51903 Replace #827 Tahoe 51904 Replace #651 51905 Replace Vehicle #623 Total Total Percentage Bud eg ted Actual Difference Corn leted 26,523.00 26,523.00 60,000.00 65,028.04 (5,028.04) 100% 30,000.00 - 30,000.00 38,192.00 31,118.21 7,073.79 100% 66,837.00 41,031.60 25,805.40 50% $ 221,552.00 $ 137,177.85 $ (84,374.15) Work Order Descrirto_n 61901 Replace Regulators Station 2 61902 Misc Developments and Improvements 61903 5Th Ave (Lynn to Ontario) 61904 SCD Trunk Storm 61905 South Grade Corridor (Dale to Hwy 15) 61906 Clinton Ave SW (Harrington to Merrill) 61907 South Grade Road (School Road to Dale) 61908 Trunk Hwy 7 Pedestrian Trail Improvements 61909 Century Court Apartments 61910 Waller Drive (Feed to HTI) 61911 Isolated Main Replacement (btn Barley and Glenda) 61912 Regulator Station Improvements 61913 Service Lines 61914 Meters, AMI, and all Fittings 61915 Residential Regulators 61916 Trunk Hwy 15 State Improvement Project 61917 Industrial Metering and Regulation 61918 Pressure Monitors- AMI System, Laser Gas Detector Natural Gas Total Total Percentage Materials Labor Budgeted Actual Difference Completed $ 28,000.00 $ 2,000.00 $ 30,000.00 $ 32,046.25 $ 2,046.25 100% 100,000.00 25,000.00 125,000.00 11,185.21 $ (113,814.79) 20% 300,000.00 20,000.00 320,000.00 18,676.17 $ (301,323.83) 20% - - $ - 1,399.80 $ 1,399.80 20% 50,000.00 5,500.00 $ 55,500.00 976.55 $ (54,523.45) 20,000.00 2,750.00 $ 22,750.00 - $ (22,750.00) 5,000.00 2,000.00 $ 7,000.00 187.50 $ (6,812.50) 10,000.00 4,000.00 $ 14,000.00 - $ (14,000.00) 5,000.00 2,000.00 $ 7,000.00 7,417.83 $ 417.83 100% - - $ 24,407.16 $ 24,407.16 75% 95,000.00 25,000.00 $ 120,000.00 - $ (120,000.00) 20,000.00 3,000.00 $ 23,000.00 - $ (23,000.00) 57,000.00 35,000.00 $ 92,000.00 61,412.55 $ (30,587.45) 75% 95,000.00 4,000.00 $ 99,000.00 78,101.49 $ (20,898.51) 75% 35,000.00 - $ 35,000.00 - $ (35,000.00) 225,000.00 5,000.00 $ 230,000.00 4,094.59 $ (225,915.41) 5% 80,000.00 7,000.00 $ 87,000.00 12,656.43 $ (74,343.57) 5% 20,000.00 3,500.00 $ 23,500.00 - $ (23,500.00) $ 1,145,000.00 $ 145,750.00 $ 1,290,750.00 $ 252,551.53 $ (1,038,198.47) ,c,« HUTCHINSON UTILITIES COMMISSION Board Action Form 'AlUTlt W Agenda Item: Review Policies Presenter: Jeremy Carter Agenda Item Type: Time Requested (Minutes): 5 Review Policies Attachments:Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: As part of HUC's standard operating procedures, a continual policy review is practiced. This month, the following policies were reviewed and no changes are recommended on these policies at this time: i. CIP Rebate Level of Authority ii. Delegation of Authority Policy iii. Financial Reserve Policy iv. Investment Policy v. Purchasing Policy/Credit Cards/Fixed Assets vi. Service Beyond City Limits of Hutchinson vii. Surplus Property Policy BOARD ACTION REQUESTED: None Fiscal Impact: Included in current budget: BudgetChange: PROJECT SECTION: Total Project Cost: RemainingCost: Adopted January 27, 2010 Conservation Improvement Program — Rebate Level of Authority All commercial and industrial Conservation Improvement Program rebates in the amount of $25,000 or greater shall be reviewed and approved by Hutchinson Utilities Commission prior to the issuance of the rebate to the recipient. Adopted July 31, 2013 Amended June 27, 2018 Delegation of Authority From time to time the General Manager will be absent. In the absence of the General Manager and when the situation warrants, every effort to contact the General Manager will be made. If the efforts are unsuccessful and the situation still exists, the General Manager's full authority will be delegated to the Natural Gas Division Director. If the Natural Gas Director is absent or cannot be contacted and the situation still exists, the General Manager's full authority is delegated collectively to the Department Managers; Transmission and Distribution, Engineering Services, Production, Financial/Customer Service. When authority has been delegated, the General Manager will be informed, as soon as is possible and practical, of any actions taken or decisions made by the respective director or managers. HUTCHINSON UTILITIES FINANCIAL RESERVE POLICY A. PURPOSE: In order to maintain stable rates and provide reliable service, Hutchinson Utilities Commission (HUC) must have various tools in place to deal with changes in costs or operational performance. Maintaining appropriate financial reserves is one such tool that ensures sufficient funding is available for current operating, capital and debt service needs. Financial reserves absorb short-term financial variability resulting from unexpected operational changes or can reduce the need for large amounts of debt. This policy establishes a Capital Reserve (CR), which is used to cover acquisition of capital assets, including replacement of existing assets, and an Operating Reserve (OR), which addresses short-term financial volatility. HUC will establish a Capital Reserve and Operating Reserve for each of the two utilities — Electric and Gas. Hutchinson Utilities Commission reserves can be classified into three broad categories that include Restricted Cash Reserves, Capital Reserve Funds, and Operating Reserve Funds. A "fund" is a segregation within the Utility's accounting system to keep sources and uses for a particular purpose easily identifiable and reportable. C. GENERAL PROVISIONS In the context of funding future capital equipment or facilities or replacing existing assets with substantial value HUC will analyze the most cost effective and efficient method to finance a project, be it through debt financing, pay -as -you go financing, use of reserves, use of contractual agreements, or through some combination of those various sources or others that may present themselves. At a minimum, reserve balances will be reviewed on an annual basis at, or near, the end of the fiscal year during preparation of the Capital & Operating Spending Plans to ensure adequate compliance with policy and intended funding targets. The minimum funding requirements established for each fund represents the baseline financial condition that is acceptable to the Commission from a risk and long-range financial planning perspective. Maintaining reserves at appropriate levels is a prudent, ongoing business process that consists of an assessment and application of various revenue generating alternatives. These alternatives (either alone or in combination with each other) include, but are not limited to: fees & charges, capital financing, investment of funds, contractual commitments, and levels of capital expenses. I. RESTRICTED RESERVES MR) - Restrictions on these monies are imposed by an outside source such as creditors, grantors, contributors, laws or regulations governing use. An example of restricted funds is bond reserve covenants required as a part of debt issuance. The funds are legally protected by bond covenants and can only be used in the event of default by HUC or to pay down principal at maturity. A. Funding Amount — The bond reserve requirements are established at the time of bond issuance. B. The sources of funds for the (RR) come from the undesignated fund balance of each utility which can change annually based on yearly operating performance and accumulated net revenues and, when appropriate, available short-term liquidity arrangements. 11. CAPITAL RESERVES (CR) - This reserve is established by action of the board to fund capital projects including electric and gas distribution & transmission system infrastructure, production facilities, and fleet that are a part of the 5-year capital improvement plan so HUC can avoid issuing bonds to pay for maintaining normal operations. This reserve is not intended to fund large major capital purchases. (Le ... Fleet, infrastructure replacement or acquisitions) A. Funding Amount — Minimum funding shall be targeted at the estimated current replacement costs of assets expected to be replaced within the next five years. B. Funding Sources — The sources of funds for the (CR) come from the undesignated fund balance of each utility which can change annually based on yearly operating performance and accumulated net revenues and, when appropriate, available short-term liquidity arrangements. 111. OPERATING RESERVES (OR) — This reserve is established by action of the board to address short- term financial risk or variability resulting from unexpected operating results and to address those financial risks that have a more immediate potential impact on the existing organization cost structure. (i.e... Rate Stabilization Reserve Funds, Catastrophic Reserve Funds, PILOT Reserve Funds, Operating Reserves) A. Risk Exposures — Potential sources of cash flow variability addressed by the (OR) include the following risk exposures: 1. Reductions in overall customer demand, 2. Changes in total system load resulting from the actions of large customers, 3. Failure to achieve the budgeted level of net income, 4. Changes in the costs of purchased power, 5. Catastrophic disasters or community events 6. General operation exposures, such as timing mismatch between revenue receipts and expense payment, unforeseen maintenance costs, regulatory compliance costs, and other unexpected increases in the operating budget B. Funding Amount— Target (OR) level has been set at a minimum of 60 days and a maximum of 90 days of total budgeted operating expenses for both the Electric Division and Gas Division. Since the (OR) changes annually for each division based on the following years budget, the (OR) will be adjusted annually. The (OR) target is in addition to the other operating reserve funds listed above. C. Funding Sources — The sources of funds for the (OR) come from the undesignated fund balance of each utility which can change annually based on yearly operating performance and accumulated net revenues and, when appropriate, available short-term liquidity arrangements. IV. FINANCIAL RESERVES HIERARCHY OF FUNDING — The following lists the priorities applied to HUC's reserves. A. Maintaining Operating Reserves (OR) within a 60 day to 90 day operating range. B. Once the Target (OR) level is achieved, excess cash may be applied to the (CR) or other areas at the discretion of the Hutchinson Utilities Commission. V. FINANCIAL RESERVES REPLENISHMENT— The above section describes the hierarchy of funding the reserves. The following describes what actions may be taken to generate cash and replenish the reserves under different scenarios of each of the two utilities. A. If the (OR) and (CR) are at the Target Level: Take no action B. If either the (OR) or (CR) is below the Target Level or if both the (OR) and (CR) are below the Target Level: Take no action during the current year, reevaluate the following year and reduce expenses and/or increase revenues, if necessary, to reach the Target Level within the next three years. VI. FINANCIAL RESERVES FUNDING LEVEL AND FUND BALANCE REVIEWS — The Target levels and fund balance are to be reviewed as follows: A. Target Level Review: Although the actual monetary values are reviewed annually and adjusted to reflect target goals when approving budgets, the Target (OR) and (CR) funding levels are to be evaluated every year. For example, the Commission could revise (reduce or increase) the (OR) or (CR) reserves based on future external factors and forward looking cost drivers. B. Financial Reserves Fund Balance Review: The (OR) and (CR) fund balances are to be monitored monthly by the Finance Department and reviewed annually during the budget review process by the Commission or if an event were suddenly to reduce the fund balances. INVESTMENT POLICY ADOPTED OCTOBER 28, 2015 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY PURPOSE The purpose of this policy is to establish specific guidelines Hutchinson Utilities Commission will use in the investment of Commission funds. It will be the responsibility of the General Manager and Financial Manager to invest Commission Funds in order to attain the highest market rate of return with the maximum security while meeting the daily cash flow demands of the Commission and protecting the capital of the overall portfolio. Investments will be made in accordance with all state and local statutes governing the investment of public funds. II. SCOPE The General Manager and Financial Manager are responsible for the investing of all financial assets of the Hutchinson Utilities Commission, excluding pension funds. These funds are accounted for in the Commission's Audited Financial Statements and Supplementary Information. III. PRUDENCE Investments shall be made with judgment and care, not for speculation, but for investment, considering the probable safety of the capital as well as the probable income to be derived. The standard of prudence to be used by investment officials shall be the "prudent person" standard and shall be applied in the context of managing the overall portfolio. Investment officers acting in accordance with this policy, with MN Statutes, Chapter 118A, and exercising due diligences shall be relieved of personal responsibility for an individual security's risk or market price change, provided that reasonable action is taken to control adverse developments and unexpected deviations are reported in a timely manner. C)R.IFrTI\/F A. Safety - Safety of principal is of critical importance to the investment program. Investments of the Commission shall be undertaken in a manner that seeks to ensure the preservation of principal in the overall portfolio. The objective will be to mitigate credit risk and interest rate risk. 1. Credit Risk - the risk of loss due to failure of the security issuer or backer, will be minimized by: - Limiting investments to the types of securities listed in Section VIII of this investment policy. - Pre -qualifying the financial institutions, broker/dealers, intermediaries, and advisors with which the Commission will do business in accordance with Section VI I. Hutchinson Utilities Commission Investment Policy Page 2 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY - Diversifying the investment portfolio so that the impact of potential losses from any one type of security or from any one individual issuer will be minimized. Insurance or collateral may be required to ensure return of principal. 2. Interest Rate Risk — the risk that the market value of securities in the portfolio will fall due to changes in market interest rates will be minimized to: - Provide for liquidity by reviewing cash flow requirements and make investments to meet the shorter cash flow needs, thereby avoiding the need to sell securities in the open market prior to maturity. - Manage the average maturity of the overall portfolio to be consistent with the risk of the Commission. B. Liquidity - The Commission's investment portfolio will remain sufficiently liquid to enable the Commission to meet all operating requirements reasonably anticipated. The portfolio will be structured so that the portfolio emphasizes liquidity and consists largely of securities with active secondary or resale markets (dynamic liquidity). A portion of the portfolio may be placed in money market mutual funds or local government investment pools which offer same day liquidity for short-term funds. C. Yield - The Commission's investment portfolio shall be designed with the objective of attaining a market rate of return. The core of investments is limited to low -risk securities in anticipation of earning a fair return relative to the risk being assumed. Securities shall generally be held until maturity with the following exceptions: • A security with declining credit may be sold early to minimize loss of principal. • A security swap would improve the quality, yield, or target duration in the portfolio. • Liquidity needs of the portfolio require that the security be sold. IV. DELEGATION OF AUTHORITY Authority to manage the Commission's investment program is derived from MS 118A which authorizes the Commission to invest any funds not presently needed in obligations in which commission debt service funds may be invested. This law applies to all types of funds not presently needed, including all general, special revenue, permanent, trust or other funds regardless of source or purpose. Under this chapter a Government Entity may invest idle funds in state or national banks, savings and loan associations, or credit unions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the policy. Management responsibility for the investment program is hereby delegated to the General Manager and Financial Manager, who shall be responsible for all transactions. The Financial Manager shall establish procedures for the operation of the investment program, consistent with this policy. Such procedures may include delegation of authority to persons responsible for investment transactions. Hutchinson Utilities Commission Investment Policy Page 3 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY V. ETHICS AND CONFLICTS OF INTEREST The General Manager and Finance Staff involved in the investment process shall refrain from conducting personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions. Investment staff shall annually disclose to the Commission any material financial interests as required by state statute. Investment staff shall subordinate their personal investment transactions to those of the Commission, particularly with regard to the time of purchases and sales, and shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the Commission. VI. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS The Commission will annually, by resolution, approve depositories and a list of financial institutions authorized to provide investment services. A. Only approved security broker/dealers, selected by creditworthiness, shall be utilized, with a minimum of $10,000,000 capital and at least five years of operation. B. Financial institutions must be qualified as a "depository" by the Hutchinson Utilities Commission; these may include "primary" dealers or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule). C. All investments must be insured, or registered, or securities must be held by the Commission or its agent in the Commission's name. D. No public deposit shall be made except in a qualified public depository, as established by state laws. E. When investments purchased by the Commission are held in safekeeping by a broker/dealer, they must provide asset protection of $500,000 through Securities Investor Protection Corporations (SIPC), and at least another $2,000,000 Supplemental Insurance Protection, provided by the broker dealer. F. Before engaging in investment transactions with the Hutchinson Utilities Commission, the supervising officer at the securities broker/dealer shall submit a certification of "Notification to Broker and Certification by Broker Pursuant to MN Statute 118A". Said certification will state that the broker/dealer has reviewed the investment policies and objectives, as well as applicable state law, and agrees to disclose potential conflicts or risk to public funds that might arise out of business transactions between the securities broker/dealer firm and the Commission. All financial institutions shall agree to undertake reasonable efforts to preclude imprudent transactions involving the Commission's funds. VII. AUTHORIZED AND SUITABLE INVESTMENTS It shall be the policy of the Hutchinson Utilities Commission that available funds be invested to the best rates obtainable at the time of investment in conformance with the legal and administrative guideline outlined herein. US Treasury Obligations and Federal Agency Hutchinson Utilities Commission Investment Policy Page 4 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY Securities will be given preference when the yields are equal to or greater than alternative investments. The investments of the Hutchinson Utilities Commission will be made in accordance with Minnesota Statutes, section 118A, which lists all permissible investments for Government Entities. COLLATERAL Interest -bearing deposits in authorized depositories must be fully insured or collateralized. Collateral ization will be required on Certificates of Deposits (where the dollar amount is in excess of FDIC coverage). In order to anticipate market changes and provide a level of security for all funds, the collateral ization level will be 110% of the market value of principal and accrued interest. When the pledged collateral consists of notes secured by first mortgages, the collateral level will be 140% of the market value of principal and accrued interest. Collateral shall be deposited in the name of the Commission, subject to release by the Financial Manager. VIII. SAFEKEEPING AND CUSTODY Securities purchased shall be held in a segregated account for the Commission's benefit at a third party trustee as safekeeping agent. The investment dealer or bank in which the security is purchased shall issue a confirmation ticket to the Commission listing the specific instrument, issuer, coupon, maturity, CUSIP number, purchase or sale price, transaction date, and other pertinent information. The financial service provider which executes the transaction on the Commission's behalf shall deliver all securities on a delivery versus payment method (DVP) to the designated third party. Delivery versus payment (DVP) is a way of controlling the risk to which securities market participants are exposed. Delivery of securities (i.e. the change in their ownership) is done simultaneously with payment. This means that neither the buyer nor the seller is exposed to the risk that the other will default. The Commission may not invest in securities that are uninsured. Securities will be held in the Commission's designated accounts. Investments, contracts and agreements may be held in safekeeping with: - Any Federal Reserve bank; - Any bank authorized under the laws of the United States or any state to exercise corporate trust powers, including, but not limited to, the bank from which the investment is purchased. - A primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or - A securities broker -dealer having its principal executive office in Minnesota, licensed under chapter 80A, or an affiliate of it, and regulated by the Securities and Exchange Commission; provided that the government entity's ownership of all securities is evidenced by written acknowledgments identifying the securities by the names of Hutchinson Utilities Commission Investment Policy Page 5 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY the issuers, maturity dates, interest rates, CUSIP number, or other distinguishing marks. IX. DIVERSIFICATION The Financial Manager or investment designee will attempt to diversify its investments according to type and maturity. The Commission will attempt to match its investments with anticipated cash flow requirements. Extended maturities may be utilized to take advantage of higher yields. Diversifications strategies shall be determined and revised periodically by the Commission for all funds. A. Institutions — Diversity between financial institutions used. a. The Financial Manager or investment designee will attempt to diversify its investments amongst investment companies, keeping in mind that some temporary fluctuations may occur throughout the year (i.e. GO Bonds for projects, etc.) b. No funds may be invested in any one investment company in excess of the amount insured by it. B. Maturities — Diversity in length of maturities. a. Investments shall be made to assure that funds are constantly available to meet immediate payment requirements b. No investments shall be made with a term of more than 10 years.. C. Investments —The Commission should maintain a diversity of investments. a. Depending on market conditions, with the exception of US Treasury Securities, authorized pools, and Federal Agencies (backed by the full faith and credit of the US Government or its agencies), no more than 50% of the Commission's total investment portfolio may be invested in any one of the following: Certificates of Deposit or Commercial Paper. X. POOLING OF INVESTMENTS For the purpose of making the maximum amount of funds available for investment, the cash for Commission Funds, as listed in Part II, is pooled in an investment account. Interest earnings are allocated among the various funds based upon their average cash balance. XI. INVESTMENT POLICY ADOPTION The Commission's Investment Policy shall be adopted by resolution by the Hutchinson Utilities Commission. The Policy shall be reviewed on an annual basis and any modifications made thereto must be approved by the Hutchinson Utilities Commission. Hutchinson Utilities Commission Investment Policy Page 6 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY APPENDIX A — MS STATUTE 118A. DEPOSIT AND INVESTMENT OF LOCAL PUBLIC FUNDS. 118A.01 DEFINITIONS. Subdivision 1.Application. The definitions in this section apply to sections 118A.01 to 118A.06. Subd. 2.Government entity. (a) "Government entity" means a county, city, town, school district, hospital district, public authority, public corporation, public commission, special district, any other political subdivision, except an entity whose investment authority is specified under chapter 11A or 356A. (b) For the purposes of sections 118A.02 and 118A.03 only, the term includes an American Indian tribal government entity located within a federally recognized American Indian reservation. Subd. 3.Financial institution. "Financial institution" means a savings association, commercial bank, trust company, credit union, or industrial loan and thrift company. Subd. 4.Public funds. "Public funds" means all general, special, permanent, trust, and other funds, regardless of source or purpose, held or administered by a government entity, unless otherwise restricted. History: 1996 c 399 art I s 2; 1999 c 151 s 39 118A.02 DEPOSITORIES; INVESTING: SALES, PROCEEDS, IMMUNITY. Subdivision 1.Designation; delegation. (a) The governing body of each government entity shall designate, as a depository of its funds, one or more financial institutions. (b) The governing body may authorize the treasurer or chief financial officer to: (1) designate depositories of the funds; (2) make investments of funds under sections 118A.01 to 118A.06 or other applicable law; or (3) both designate depositories and make investments as provided in this subdivision. Hutchinson Utilities Commission Investment Policy Page 7 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY Subd. 2.Sale; proceeds; immunity, if loss. (a) The treasurer or chief financial officer of a government entity may at any time sell obligations purchased pursuant to this section and the money received from such sale, and the interest and profits or loss on such investment shall be credited or charged, as the case may be, to the fund from which the investment was made. (b) Neither such official nor government entity, nor any other official responsible for the custody of such funds, shall be personally liable for any loss sustained from the deposit or investment of funds in accordance with the provisions of sections 118A.04 and 118A.05. History: 1996 c 399 art I s 3 118A.03 WHEN AND WHAT COLLATERAL REQUIRED. Subdivision l.For deposits beyond insurance. To the extent that funds on deposit at the close of the financial institution's banking day exceed available federal deposit insurance, the government entity shall require the financial institution to furnish collateral security or a corporate surety bond executed by a company authorized to do business in the state. For the purposes of this section, "banking day" has the meaning given in Federal Reserve Board Regulation CC, Code of Federal Regulations, title 12, section 229.2(f), and incorporates a financial institution's cutoff hour established under section 336.4-108. Subd. 2.In lieu of surety bond. The following are the allowable forms of collateral in lieu of a corporate surety bond: (1) United States government Treasury bills, Treasury notes, Treasury bonds; (2) issues of United States government agencies and instrumentalities as quoted by a recognized industry quotation service available to the government entity; (3) general obligation securities of any state or local government with taxing powers which is rated "A" or better by a national bond rating service, or revenue obligation securities of any state or local government with taxing powers which is rated "AA" or better by a national bond rating service; (4) general obligation securities of a local government with taxing powers may be pledged as collateral against funds deposited by that same local government entity; (5) irrevocable standby letters of credit issued by Federal Home Loan Banks to a municipality accompanied by written evidence that the bank's public debt is rated "AA" or better by Moody's Investors Service, Inc., or Standard & Poor's Corporation; and (6) time deposits that are fully insured by any federal agency. Hutchinson Utilities Commission Investment Policy Page 8 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY Subd. 3. Amount. The total amount of the collateral computed at its market value shall be at least ten percent more than the amount on deposit at the close of the financial institution's banking day, except that where the collateral is irrevocable standby letters of credit issued by Federal Home Loan Banks, the amount of collateral shall be at least equal to the amount on deposit at the close of the financial institution's banking day. The financial institution may furnish both a surety bond and collateral aggregating the required amount. Subd. 4.Assignment. Any collateral pledged shall be accompanied by a written assignment to the government entity from the financial institution. The written assignment shall recite that, upon default, the financial institution shall release to the government entity on demand, free of exchange or any other charges, the collateral pledged. Interest earned on assigned collateral will be remitted to the financial institution so long as it is not in default. The government entity may sell the collateral to recover the amount due. Any surplus from the sale of the collateral shall be payable to the financial institution, its assigns, or both. Subd. 5.Withdrawal of excess collateral. A financial institution may withdraw excess collateral or substitute other collateral after giving written notice to the governmental entity and receiving confirmation. The authority to return any delivered and assigned collateral rests with the government entity. Subd. 6.Default. For purposes of this section, default on the part of the financial institution includes, but is not limited to, failure to make interest payments when due, failure to promptly deliver upon demand all money on deposit, less any early withdrawal penalty that may be required in connection with the withdrawal of a time deposit, or closure of the depository. If a financial institution closes, all deposits shall be immediately due and payable. It shall not be a default under this subdivision to require prior notice of withdrawal if such notice is required as a condition of withdrawal by applicable federal law or regulation. Subd. 7. Safekeeping. All collateral shall be placed in safekeeping in a restricted account at a Federal Reserve bank, or in an account at a trust department of a commercial bank or other financial institution that is not owned or controlled by the financial institution furnishing the collateral. The selection shall be approved by the government entity. History: 1996 c 399 art I s 4; 2003 c 51 s 15,16; 2004 c 151 s 1,2; 2004 c 174 s 2; 2007 c 44 s 7; 2007 c 57 art 3 s 39; 2008 c 154 art 10 s I Hutchinson Utilities Commission Investment Policy Page 9 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.04 INVESTMENTS. Subdivision 1.What may be invested. Any public funds, not presently needed for other purposes or restricted for other purposes, may be invested in the manner and subject to the conditions provided for in this section. Subd. 2.United States securities. Public funds may be invested in governmental bonds, notes, bills, mortgages (excluding high -risk mortgage -backed securities), and other securities, which are direct obligations or are guaranteed or insured issues of the United States, its agencies, its instrumentalities, or organizations created by an act of Congress. Subd. 3.State and local securities. Funds may be invested in the following: (1) any security which is a general obligation of any state or local government with taxing powers which is rated "A" or better by a national bond rating service; (2) any security which is a revenue obligation of any state or local government with taxing powers which is rated "AA" or better by a national bond rating service; and (3) a general obligation of the Minnesota housing finance agency which is a moral obligation of the state of Minnesota and is rated "A" or better by a national bond rating agency. Subd. 4.Commercial papers. Funds may be invested in commercial paper issued by United States corporations or their Canadian subsidiaries that is rated in the highest quality category by at least two nationally recognized rating agencies and matures in 270 days or less. Subd. 5.Time deposits. Funds may be invested in time deposits that are fully insured by the Federal Deposit Insurance Corporation or bankers acceptances of United States banks. Subd. 6.High-risk mortgage -backed securities. For the purposes of this section and section 118A.05, "high -risk mortgage -backed securities" are: (a) interest -only or principal -only mortgage -backed securities; and (b) any mortgage derivative security that: (1) has an expected average life greater than ten years; (2) has an expected average life that: Hutchinson Utilities Commission Investment Policy Page 10 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY (i) will extend by more than four years as the result of an immediate and sustained parallel shift in the yield curve of plus 300 basis points; or (ii) will shorten by more than six years as the result of an immediate and sustained parallel shift in the yield curve of minus 300 basis points; or (3) will have an estimated change in price of more than 17 percent as the result of an immediate and sustained parallel shift in the yield curve of plus or minus 300 basis points. Subd. 7.Temporary general obligation bonds. Funds may be invested in general obligation temporary bonds of the same governmental entity issued under section 429.091, subdivision 7, 469.178, subdivision 5, or 475.61. subdivision 6. Subd. 8.Debt service funds. Funds held in a debt service fund may be used to purchase any obligation, whether general or special, of an issue which is payable from the fund, at such price, which may include a premium, as shall be agreed to by the holder, or may be used to redeem any obligation of such an issue prior to maturity in accordance with its terms. The securities representing any such investment may be sold by the governmental entity at any time, but the money so received remains part of the fund until used for the purpose for which the fund was created. Any obligation held in a debt service fund from which it is payable may be canceled at any time unless otherwise provided in a resolution or other instrument securing obligations payable from the fund. Subd. 9.Broker; statement and receipt. (a) For the purpose of this section and section 118A.05, the term "broker" means a broker -dealer, broker, or agent of a government entity, who transfers, purchases, sells, or obtains securities for, or on behalf of, a government entity. (b) Prior to completing an initial transaction with a broker, a government entity shall provide annually to the broker a written statement of investment restrictions which shall include a provision that all future investments are to be made in accordance with Minnesota Statutes governing the investment of public funds. (c) A broker must acknowledge annually receipt of the statement of investment restrictions in writing and agree to handle the government entity's account in accordance with these restrictions. A government entity may not enter into a transaction with a broker until the broker has provided this written agreement to the government entity. (d) The state auditor shall prepare uniform notification forms which shall be used by the government entities and the brokers to meet the requirements of this subdivision. History: 1996 c 399 art I s 5 Hutchinson Utilities Commission Investment Policy Page 11 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.05 CONTRACTS AND AGREEMENTS. Subdivision l.May enter into. In addition to other authority granted in sections 118A.01 to 118A.06, government entities may enter into contracts and agreements as follows. Subd. 2.Repurchase agreements. Repurchase agreements consisting of collateral allowable in section 118A.04, and reverse repurchase agreements may be entered into with any of the following entities: (1) a financial institution qualified as a "depository" of public funds of the government entity; (2) any other financial institution which is a member of the Federal Reserve System and whose combined capital and surplus equals or exceeds $10,000,000; (3) a primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or (4) a securities broker -dealer licensed pursuant to chapter 80A, or an affiliate of it, regulated by the Securities and Exchange Commission and maintaining a combined capital and surplus of $40,000,000 or more, exclusive of subordinated debt. Reverse agreements may only be entered into for a period of 90 days or less and only to meet short-term cash flow needs. In no event may reverse repurchase agreements be entered into for the purpose of generating cash for investments, except as stated in subdivision 3. Subd. 3.Securities lending agreements. Securities lending agreements, including custody agreements, may be entered into with a financial institution meeting the qualifications of subdivision 2, clause (1) or (2), and having its principal executive office in Minnesota. Securities lending transactions may be entered into with entities meeting the qualifications of subdivision 2 and the collateral for such transactions shall be restricted to the securities described in this section and section 118A.04. Subd. 4.Minnesota joint powers investment trust. Government entities may enter into agreements or contracts for: (1) shares of a Minnesota joint powers investment trust whose investments are restricted to securities described in this section and section 118A.04; (2) units of a short-term investment fund established and administered pursuant to regulation 9 of the Office of the Comptroller of the Currency, in which investments are restricted to securities described in this section and section 118A.04; Hutchinson Utilities Commission Investment Policy Page 12 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY (3) shares of an investment company which is registered under the Federal Investment Company Act of 1940 and which holds itself out as a money market fund meeting the conditions of rule 2a-7 of the Securities and Exchange Commission and is rated in one of the two highest rating categories for money market funds by at least one nationally recognized statistical rating organization; or (4) shares of an investment company which is registered under the Federal Investment Company Act of 1940, and whose shares are registered under the Federal Securities Act of 1933, as long as the investment company's fund receives the highest credit rating and is rated in one of the two highest risk rating categories by at least one nationally recognized statistical rating organization and is invested in financial instruments with a final maturity no longer than 13 months. Subd. 5.Guaranteed investment contracts. Agreements or contracts for guaranteed investment contracts may be entered into if they are issued or guaranteed by United States commercial banks, domestic branches of foreign banks, United States insurance companies, or their Canadian subsidiaries, or the domestic affiliates of any of the foregoing. The credit quality of the issuer's or guarantor's short- and long-term unsecured debt must be rated in one of the two highest categories by a nationally recognized rating agency. Should the issuer's or guarantor's credit quality be downgraded below "A", the government entity must have withdrawal rights. History: 1996 c 399 art I s 6; 1997 c 219 s 1; 2000 c 493 s 1; 2005 c 152 art I s 2 118A.06 SAFEKEEPING; ACKNOWLEDGEMENTS. Investments, contracts, and agreements may be held in safekeeping with: (1) any Federal Reserve bank; (2) any bank authorized under the laws of the United States or any state to exercise corporate trust powers, including, but not limited to, the bank from which the investment is purchased; (3) a primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or (4) a securities broker -dealer having its principal executive office in Minnesota, licensed under chapter 80A, or an affiliate of it, and regulated by the Securities and Exchange Commission; provided that the government entity's ownership of all securities is evidenced by written acknowledgments identifying the securities by the names of the issuers, maturity dates, interest rates, CUSIP number, or other distinguishing marks. History: 1996 c 399 art I s 7; 2010 c 234 s 2 Hutchinson Utilities Commission Investment Policy Page 13 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.07 ADDITIONAL INVESTMENT AUTHORITY. Subdivision 1.Authority provided. As used in this section, "governmental entity" means a city with a population in excess of 200,000 or a county that contains a city of that size. If a governmental entity meets the requirements of subdivisions 2 and 3, it may exercise additional investment authority under subdivisions 4, 5, and 6. Subd. 2.Written policies and procedures. Prior to exercising any additional authority under subdivisions 4, 5, and 6, the governmental entity must have written investment policies and procedures governing the following: (1) the use of or limitation on mutual bond funds or other securities authorized or permitted investments under law; and (2) specifications for and limitations on the use of derivatives; (3) the final maturity of any individual security; (4) the maximum average weighted life of the portfolio; (5) the use of and limitations on reverse repurchase agreements; (6) credit standards for financial institutions with which the government entity deals; (7) credit standards for investments made by the government entity. Subd. 3.Oversight process. Prior to exercising any authority under subdivisions 4, 5, and 6, the governmental entity must establish an oversight process that provides for review of the government entity's investment strategy and the composition of the financial portfolio. This process shall include one or more of the following: (1) audit reviews; (2) internal or external investment committee reviews; and (3) internal management control. Additionally, the governing body of the governmental entity must, by resolution, authorize its treasurer to utilize the additional authorities under this section within their prescribed limits, and in conformance with the written limitations, policies, and procedures of the governmental entity. If the governing body of a governmental entity exercises the authority provided in this section, the treasurer of the governmental entity must annually report to the governing body on the findings of the oversight process required under this subdivision. If the Hutchinson Utilities Commission Investment Policy Page 14 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY governing body intends to continue to exercise the authority provided in this section for the following calendar year, it must adopt a resolution affirming that intention by December 1. Subd. 4.Repurchase agreements. A government entity may enter into repurchase agreements as authorized under section 118A.05, provided that the exclusion of mortgage -backed securities defined as "high -risk mortgage -backed securities" under section 118A.04, subdivision 6, shall not apply to repurchase agreements under this authority if the margin requirement is 101 percent or more. Subd. 5.Reverse repurchase agreements. Notwithstanding the limitations contained in section 118A.05, subdivision 2, the county may enter into reverse repurchase agreements to: (1) meet cash flow needs; or (2) generate cash for investments, provided that the total securities owned shall be limited to an amount not to exceed 130 percent of the annual daily average of general investable monies for the fiscal year as disclosed in the most recently available audited financial report. Excluded from this limit are: (i) securities with maturities of one year or less; and (ii) securities that have been reversed to maturity. There shall be no limit on the term of a reverse repurchase agreement. Reverse repurchase agreements shall not be included in computing the net debt of the governmental entity, and may be made without an election or public sale, and the interest payable thereon shall not be subject to the limitation in section 475.55. The interest shall not be deducted or excluded from gross income of the recipient for the purpose of state income, corporate franchise, or bank excise taxes, or if so provided by federal law, for the purpose of federal income tax. Subd. 6.Options and futures. A government entity may enter into futures contracts, options on futures contracts, and option agreements to buy or sell securities authorized under law as legal investments for counties, but only with respect to securities owned by the governmental entity, including securities that are the subject of reverse repurchase agreements under this section that expire at or before the due date of the option agreement. History: 1996 c 399 art I s 8 Hutchinson Utilities Commission Investment Policy Page 15 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.08 NO SUPERSEDING EFFECT. Except as provided in Laws 1996, chapter 399, article 1, section 11, sections 118A.01 to 118A.06 shall not supersede any general or special law relating to the deposit and investment of public funds. History: 1996 c 399 art I s 9 Hutchinson Utilities Commission Investment Policy Page 16 Amended July 25, 2018 POLICY ON PURCHASING State Statute 471.345 Hutchinson Utilities Commission hereby adopts a general policy on the purchasing of equipment, supplies and services. Inventory Agent is authorized to create requisitions and approve purchase orders for purchases associated with Hutchinson Utilities' standard inventory part numbers, which are based on set order points and order quantities. If requirements exceed current order quantities, either an approved Bill of Materials or an approved requisition will be required. All other purchases shall require supervisor permission. Emergency situations may require a deviation from this policy to ensure electric and/or natural gas services to the customers of the Hutchinson Utilities. Joint purchasing of materials, supplies and services shall be considered with other departments only when net economic benefits can be achieved. When a tie exists between low bids, preference will be given to a local supplier. For purchases when the estimate is more than $175,000: 1. The Hutchinson Utilities Commission will authorize permission to advertise for bids. 2. Specifications shall be made available to all prospective bidders. 3. Bids will be opened at a public bid opening. Date will be set in the advertisement for bids. 4. The staff will review bids and may recommend to the Hutchinson Utilities Commission to accept the lowest responsible bidder meeting specifications. 5. Hutchinson Utilities Commission will enter into a contract with the responsible bidder. For purchases between $25,000 and $175,000: 1. The Hutchinson Utilities Commission staff will solicit written, informal quotations from at least two (2) suppliers, if possible, and tabulate the results. 2. Fuel purchases for electrical generation is an exception, for additional exceptions refer to Minnesota Statutes 2017, 471.345 Uniform Municipal Contracting Law. 3. Staff will evaluate the quotes and, in its discretion, determine which quotation is most suitable for HUC and make a recommendation thereon to the commission. 4. Hutchinson Utilities Commission will approve the quote. For purchases up to $25,000- 1 . General Manager authorized to approve purchases up to $25,000. 2. For purchases of $5,000 - $25,000, the Hutchinson Utilities Commission staff may solicit written, informal quotations from at least two (2) suppliers and tabulate the results or, in the alternative purchase equipment, supplies or services on the open market. 3. Staff will recommend acceptance of purchases of $5,000 - $25,000 to the General Manager for approval. For purchases up to $5,000: Directors, Managers, and the City Attorney are authorized to approve requisitions via the purchasing software for purchases requiring a purchase order number. If purchase order numbers are not required each department may use their assigned credit card. 1. Directors, Managers, or the City Attorney will approve all item requests prior to purchasing the item. 2. Receipts will be given to each Director, Manager, or City Attorney as items are purchased to initial, assign appropriate account number and give a description of the item purchased; then forward to Accounting. 3. Accounting will keep a file for each department until monthly credit card statements are received and reconciled. Petty cash may be used for purchases less than $25.00. Employees may make local purchases with prior approval from their Director/Manager. The employee has the option of using a HUC credit card, paying cash for the item, if less than $25.00, and being reimbursed from petty cash, or making the purchase at a local retailer with whom we have an account established. All receipts must to be turned in to the appropriate Director/Manager to initial, assign appropriate account number and then forward to the financial manager. CREDIT CARDS A purchase by credit card must comply with all statutes and rules applicable to Hutchinson Utilities Commission (HUC) purchases. Credit card purchases must comply with the following requirements: Minn. Stat. 412.271, subd. 2 and 471.38, subd.1. Claims presented to HUC for payment must be in writing and itemized. Bills from credit card companies do not contain the detail necessary to satisfy these requirements; therefore, HUC must retain invoices and itemized receipts for items charged to a credit card. The Office of the State Auditor strongly urges local government units to develop a comprehensive credit card use policy to avoid misappropriation of funds or other misuse of the credit card. The following are authorized to make credit card purchases on behalf of HUC: General Manager Natural Gas Director Electric Transmission/Distribution Manager Production Manager Engineering Services Manager Inventory Agent Company purchases are allowed to be made with a credit card following all HUC spending limit requirements. No personal purchases are to be made with the credit card. Receipts will be given to each department Director/Manager as items are purchased to initial, assign appropriate account numbers and give a description of the item purchased. The receipt then gets forwarded to the financial manager. The financial manager will keep a file for each department until monthly credit card statements are received and reconciled. The financial manager has the authority to approve and question all credit card purchases in so far as the policy applies. The full amount of the statement must be paid each month. FIXED ASSET CAPITALIZATION The Hutchinson Utilities Commission (HUC) will regard fixed assets as capitalized when all of the following criteria are met- 1 . Assets purchased, built or leased have useful lives of one year or more. 2. The cost of the asset (including installation) is $5,000 or more, or work order infrastructure assets whose cost is less than $5,000 individually but the aggregate total is $5,000 or more. 3. The cost of repairing or renovating the asset is $5,000 or more and prolongs the life of the asset. Costs associated with purchasing and implementing software, software maintenance and customer support are considered expenditures and will not be capitalized. Other Considerations: 1. REPAIR is an expenditure that keeps the property in ordinary efficient operating condition. The cost of the repair does not add to the value or prolong the life of the asset. All repair expenditures are charged to the appropriate department and fund. 2. IMPROVEMENTS are expenditures for additions, alterations and renovations that appreciably prolong the life of the asset, materially increase its value or adapt it to a different use. Improvements of the nature are capitalized. Examples of Repairs vs. Improvements Repairs=Expenditures All items -life less than one year All items under $5,000 Property maintenance, wall repair Replacement of machine parts to keep machine in normal operating condition Property restoration (rebuilding) for normal operations Existing building repairs Replacement of small sections of wiring, pipes or light fixtures Patching walls, minor repairs of floors, painting, etc. Patching driveways Improvements=Capitalized Assets Life of more than one year All items $5,000 or more Property rebuilding Replacement of machine parts that prolong the useful life Property restoration for something different or better Building regulation conformity Major replacement of wiring, lighting, pipes or sewer Installation of floor, wall, roof, wall covering, etc. New driveway or major repair Cleaning drapery, carpet, furniture New drapery, carpets, furniture Depreciation Method — Straight Line over the following useful lives: Buildings 35-60 years Transmission Plant (electric) 20-35 years Distribution Plant (electric) 20-35 years Building Improvement 15-30 years Transmission Plant (gas) 10-45 years Distribution Plant (gas) 10-45 years Generation Plant 10-30 years General Plant 5-10 years Vehicles 5-10 years Office Equipment 3-5 years Computer Equipment 3-5 years HUTCHINSON UTILITIES COMMISSION NATURAL GAS SERVICE BEYOND THE CITY LIMITS OF HUTCHINSON DISTRIBUTION MAIM EXTENSION POLICY THIS DOCUMENT SETS FORTH THE PROCEDURES TO BE OBSERVED WHEN EXTENDING A NATURAL GAS DISTRIBUTION MAIN BEYOND THE CITY LIMITS OF HUTCHINSON. HUTCHINSON UTILITIES COMMISSION DISTRIBUTION MAIN EXTENSION POLICY SERVICE BEYOND CITY LIMITS OF HUTCHINSON 1. DEFINITIONS NATURAL GAS DISTRIBUTION MAIN NATURAL GAS DISTRIBUTION MAIN IS DEFINED AS THAT PORTION OF THE HUC'S NATURAL GAS PIPING AND RELATED FACILITIES WHICH ARE INTENDED TO PROVIDE SERVICE TO MORE THAN A SINGLE CUSTOMER. SUCH PIPING IS NORMALLY LOCATED IN PUBLIC STREETS AND ITS RIGHT- OF-WAY OR ADJACENT TO PROPERTY LINES. 2. INDIVIDUAL REQUESTS FOR GAS MAIN EXTENSION A. APPLICATION PROSPECTIVE CUSTOMERS CURRENTLY WITHOUT NATURAL GAS SERVICE MAY REQUEST SUCH SERVICE BY SUBMITTING A WRITTEN APPLICATION TO HUTCHINSON UTILITIES COMMISSION (HUC). HUC SHALL INVESTIGATE THE POSSIBILITY OF INSTALLING GAS MAIN TO THE CUSTOMER AND SHALL MAKE AN ESTIMATE OF THE COSTS INVOLVED. HUC IS UNDER NO OBLIGATION TO EXTEND NATURAL GAS SERVICE BEYOND THE CITY LIMITS OF HUTCHINSON, MN. B. ALLOWANCES EACH CUSTOMER SHALL RECEIVE A CONSTRUCTION ALLOWANCE BASED ON PROJECTED MARGINAL REVENUE. 1) RESIDENTIAL CUSTOMERS - $9 1 5.00 2) FIRM COMMERCIAL CUSTOMERS ALLOWANCE FOR MAIN SHALL BE BASED ON CUSTOMER'S ESTIMATED ANNUAL REVENUE USING THE FOLLOWING FORMULA (BASED ON SEVEN YEAR RECOVERY): ALLOWANCE = $(U x M) x 7 PAGE 1 OF 5 WHERE: U = ESTIMATED LONG TERM ANNUAL, USAGE IN MCF M = APPLICABLE MARGIN PER MCF MONTHLY "METER CHARGE" NOT CONSIDERED IN CALCULATING CUSTOMER ALLOWANCE AS THIS IS A FIXED COST TO HUC. C. CUSTOMER CONTRIBUTIONS A CONTRIBUTION SHALL BE REQUIRED IF THE ESTIMATED CONSTRUCTION COST OF MAIN EXCEEDS THE MAIN ALLOWANCE(S) FOR THE CUSTOMER(S) REQUESTING THE EXTENSION. THIS PAYMENT IS DUE AS A SINGLE PAYMENT PRIOR TO THE INSTALLATION OF THE MAIN. HOWEVER, IF A RESIDENTIAL CUSTOMER'S CONTRIBUTION FOR MAIN EXCEEDS $300.00, THE CUSTOMER, WITH THE APPROVAL OF HUC, MAY ELECT TO MAKE A SINGLE PAYMENT BEFORE CONSTRUCTION BEGINS OR AGREE TO PAY THE CONTRIBUTION IN TWELVE (1 2) EQUAL INSTALLMENTS, INCLUDING A FINANCE CHARGE BASED ON HUC'S CURRENT WEIGHTED COST OF CAPITAL. THESE INSTALLMENTS SHALL BE BILLED WITH THE UTILITY BILL AND BE PAYABLE ON THE SAME DATE AS THE UTILITY BILL. ALL CONTRIBUTIONS SHALL BE REFUNDABLE IN ACCORDANCE WITH SECTION 3. OF THIS SCHEDULE. 3. REAPPORTIONMENT AND REFUNDS OF CONTRIBUTIONS A. REAPPORTIONMENT OF CUSTOMER CONTRIBUTION WHEN ADDITIONAL CUSTOMERS TAKE SERVICE FROM A MAIN EXTENSION WHICH HAD REQUIRED A CUSTOMER CONTRIBUTION, THE ORIGINAL CONTRIBUTION AND ANY NEW CONTRIBUTION WILL BE REAPPORTIONED AMONG ALL CUSTOMERS ON THE EXTENSION IF THE REAPPORTIONMENT DOES NOT CAUSE AN INCREASE IN ANY EXISTING CUSTOMER'S CONTRIBUTION. IF THE REAPPORTIONMENT CALCULATION WOULD CAUSE AN INCREASE TO ANY CUSTOMER'S CONTRIBUTION, THE PORTION OF NEW MAIN FACILITIES UNDER CONSIDERATION WILL BE CONSIDERED AS SEPARATE AND NEW GAS MAIN EXTENSION SUBJECT TO ALL THE GAS EXTENSION RULES. B. REFUNDS OF CUSTOMERS WITH NO ADDITIONAL CONTRIBUTION THE HUC SHALL MAKE REFUNDS TO THE CUSTOMER(S) OR DEVELOPER WHO MADE THE CONTRIBUTIONS) TOWARD THE EXTENSION OF MAIN FOR A PERIOD OF FIVE (5) YEARS FROM THE INSTALLATION DATE. WHEN THE HUC CONNECTS NEW CUSTOMERS TO THIS PORTION OF MAIN EXTENSION, THE REFUND SHALL BE EQUAL TO THE CHANGE IN THE CUSTOMER CONTRIBUTION VALUE AFTER PAGE 2OF5 REAPPORTIONING THE CONTRIBUTION USING THE ALLOWANCE IN EFFECT AT THE TIME THE EXTENSION WAS INSTALLED. WHEN THE HUC MAKES AN EXTENSION OF MAIN TO SUBSEQUENT CUSTOMER(S) THAT DOES NOT REQUIRE A CONTRIBUTION FROM THE SUBSEQUENT CUSTOMER(S), THE REFUND SHALL, BE EQUAL, TO THE CHANGE IN THE CUSTOMER ALLOWANCE IN EFFECT AT THE TIME THE ORIGINAL EXTENSION WAS INSTALLED AND THE ALLOWANCE IN EFFECT FOR THE NEW FACILITIES LESS THE CONSTRUCTION COSTS OF ALL MAIN. C. SINGLE CUSTOMER PAYMENT OF CONTRIBUTION IF AN INDIVIDUAL CUSTOMER AGREES IN WRITING BEFORE THE MAIN EXTENSION IS INSTALLED TO PAY THE TOTAL REQUIRED CONTRIBUTION, THAT CUSTOMER SHALL BE ELIGIBLE FOR ALL MAIN ALLOWANCE REFUNDS FROM ALL SUBSEQUENT CUSTOMERS ON THE EXTENSION DURING THE REFUND PERIOD. SUCH A WRITTEN AGREEMENT WILL THEREBY PRECLUDE ANY REAPPORTIONMENT OF THE CONTRIBUTION AMONG SUBSEQUENT CUSTOMERS. 1) IF A FURTHER MAIN EXTENSION OFF THE ORIGINAL EXTENSION IS REQUIRED TO SERVE A SUBSEQUENT CUSTOMER AND THE MAIN COST IS LESS THAN THE TOTAL MAIN ALLOWANCE AVAILABLE, THE UNUSED ALLOWANCE SHALL BE REFUNDED TO THE CUSTOMER WHO MADE THE SINGLE PAYMENT CONTRIBUTION OUTLINED ABOVE. 2) IF A FURTHER MAIN EXTENSION OFF THE ORIGINAL EXTENSION IS REQUIRED TO SERVE A SUBSEQUENT CUSTOMER AND THE MAIN COSTS EXCEEDS THE TOTAL MAIN ALLOWANCE AVAILABLE, THE SUBSEQUENT CUSTOMERS SHALL PAY THE CONTRIBUTION FOR THE NEW FACILITIES. 4. RIGHT TO REFUND THE RIGHT TO RECEIVE A REFUND OF ANY CONTRIBUTION HELD HEREUNDER WILL ATTACH TO THE OWNERSHIP OF THE PREMISES FOR WHICH THE ORIGINAL EXTENSION WAS MADE. ANY REFUND SHALL BE MADE TO THE PERSON WHO OWNS SUCH PREMISES) AT THE TIME THE REFUND IS PAID UNLESS THE CONTRIBUTOR HAS RESERVED THE RIGHT TO RECEIVE SUCH REFUND IN THE CONVEYANCE OF THE PREMISES) TO A SUBSEQUENT OWNER AND DEMONSTRATES THAT TO THE HUC. IN THE CASE OF A DEVELOPER MAKING A CONTRIBUTION TO EXTEND GAS INTO A DEVELOPMENT, THE RIGHT TO RECEIVE A REFUND SHALL ATTACH TO THE OWNER OF THE DEVELOPMENT AT THE TIME THE REFUND BECOMES DUE, UNLESS, IN THE CONVEYANCE OF THE DEVELOPMENT, THE DEVELOPER PROVIDES THE HUC WITH A WRITTEN AGREEMENT RESERVING THE RIGHT TO RECEIVE SUCH REFUNDS. PAGE 3OF5 IN NO CASE SHALL THE TOTAL REFUND(S) EXCEED THE AMOUNT OF THE CONTRIBUTION. J. CLEARING RIGHTS AND COSTS CUSTOMER REQUESTING SERVICE SHALL FURNISH, WITHOUT EXPENSE TO THE HUC, RIGHT-OF-WAY, EASEMENTS, PERMITS AND ADDITIONAL COSTS INCURRED TO PROVIDE ADEQUATE CLEARING FOR THE MAIN EXTENSION TO SERVE THE CUSTOMER ALONG A ROUTE APPROVED BY THE HUC AFTER CONSULTING WITH THE CUSTOMER. IF REQUESTED BY THE CUSTOMER, THE HUC WILL DO THE CLEARING AT CUSTOMER'S EXPENSE. THE CUSTOMER SHALL PAY THE HUC THE ESTIMATED COST OF CLEARING TO BE DONE BY THE HUC. COSTS WILL BE ADJUSTED TO ACTUAL COSTS UPON COMPLETION OF THE JOB. 6. TITLE THE TITLE TO ALL DISTRIBUTION MAIN EXTENSIONS MADE BY THE HUC HEREUNDER REMAINS WITH THE HUC. THE HUC MAY AT ANY TIME ADD ADDITIONAL CUSTOMERS TO OR MAKE NEW EXTENSIONS TO AN EXISTING EXTENSION WITHOUT THE CONSENT OF ANY CUSTOMER OR CUSTOMERS WHO CONTRIBUTED TO THE COST OF THE EXISTING EXTENSION, AND WITHOUT INCURRING ANY LIABILITY FOR REFUNDING CONTRIBUTIONS OTHER THAN AS PROVIDED HEREIN. %. CONSTRUCTION STANDARDS ALL NATURAL GAS DISTRIBUTION SYSTEM EXTENSIONS CONSTRUCTED HEREUNDER SHALL CONFORM TO THE HUC'S STANDARDS OF CONSTRUCTION, AND SHALL MEET THE REQUIREMENTS OF GOVERNMENTAL REGULATORY BODIES HAVING JURISDICTION. 8. GENERAL PROVISIONS A. IF IN THE HUC'S SOLE JUDGMENT THE HUC NEEDS AN EASEMENT OVER CUSTOMER'S PROPERTY IN ORDER TO FURNISH SERVICE TO CUSTOMER, CUSTOMER SHALL PROVIDE HUC WITH AN EASEMENT AT NO EXPENSE TO HUC. IF IN THE HUC'S SOLE JUDGMENT HUC NEEDS AN EASEMENT OR EASEMENTS OVER PROPERTY NOT OWNED BY CUSTOMER IN ORDER TO FURNISH SERVICE TO CUSTOMER, CUSTOMER SHALL OBTAIN THE EASEMENT(S) AT NO EXPENSE TO HUC. B. NO STRUCTURES SHALL BE PLACED OVER THE ROUTE OF THE HUC'S NATURAL GAS FACILITIES. HOWEVER, SUCH PROPERTY MAY BE USED FOR GARDENS AND OTHER PURPOSES WHICH WILL NOT INTERFERE WITH MAINTENANCE AND REPLACEMENT OF HUC'S NATURAL GAS FACILITIES. C. PROPERTIES SUBJECT TO AN EASEMENT GRANTED TO HUC SHALL BE GRADED TO A LEVEL WHICH SHALL NOT BE ABOVE OR MORE PAGE 4OF5 THAN 6 INCHES BELOW FINISHED GRADE, PRIOR TO THE TIME INSTALLATION OF NATURAL GAS FACILITIES IS COMMENCED BY HUC. THE HUC SHALL BE NOTIFIED IN ADVANCE OF ANY CHANGES IN GRADE AFTER THE NATURAL GAS FACILITIES HAVE BEEN INSTALLED BY HUC, AND HUC SHALL BE REIMBURSED FOR ANY AND ALL COSTS INCURRED AS A RESULT OF SUCH CHANGE. D. HUC SHALL NOT BE LIABLE FOR DAMAGE TO TREES, SHRUBS, FENCES, SIDEWALKS, DRIVEWAYS OR OTHER OBSTRUCTIONS INCIDENTAL TO THE INSTALLATIONS, MAINTENANCE OR REPLACEMENT OF NATURAL GAS FACILITIES, UNLESS SUCH DAMAGE IS CAUSED BY ITS OWN NEGLIGENCE. PAGE 5OF5 Amended August 29, 2012 Policy on Disposal of Surplus Property DISPOSAL OF EXCESS PROPERTY DECLARATION OF SURPLUS; SALE AUTHORIZATION. The General Manager may, from time to time, recommend to the Hutchinson Utilities Commission that certain personal property (chattels) owned by the Hutchinson Utilities Commission is no longer needed for utility purpose and should be sold. By action of the Commission, this property shall be declared surplus, the value estimated and the General Manager authorized to dispose of that property in the manner stated herein. SURPLUS VALUED UNDER $5,000 The General Manager may sell surplus property with a fair market value of less than $5,000 through negotiated sale. Surplus personal computers greater than three years old may be donated directly to public schools in the city. SURPLUS VALUED OVER $5,000 The General Manager shall offer for public sale, to the highest bidder, surplus property with a fair market value over $5,000. Notice of the public sale shall be given stating time and place of sale and generally describing the property to be sold at least ten days prior to the date of sale by publication once in the official newspaper. The sale shall be to the person submitting the highest bid. EXCEPTIONS Surplus property may be transferred or sold to other state agencies or government units or eligible non-profit organizations in accordance with state law without regard to the requirements of this policy. DISPOSITION OF PROCEEDS All receipts from sales of surplus property under this policy shall be placed in the fund from which it was purchased. PERSONS INELIGIBLE TO PURCHASE HUTCHINSON UTILITIES EMPLOYEES No employee of the utilities, a member of the Commission, or an advisor serving the Utilities in a professional capacity, may be a purchaser of property under this policy. PROHIBITED PURCHASES It is unlawful for any person to be a purchaser of property under this policy if that purchase is prohibited by the terms of this policy. HUTCHINSON UTILITIES COMMISSION ,c�,« Board Action Form 'AlUTlt Agenda Item: Approve Policy Changes Jeremv Carter Approve Policy Changes es BACKGROUND/EXPLANATION OFAGENDA ITEM: As part of HUC's standard operating procedures, a continual policy review is practiced. The following revisions to the policies below are recommended. Payments of HUC Payables BOARD ACTION REQUESTED: Approve Policy Changes Amended November 27, 2019 Policy on Payments of Hutchinson Utilities Commission Payables The Hutchinson Utilities Commission Accountant and Financial Manager are hereby authorized to issue warrant(s) drawn from the proper funds. (Resolution 153 was amended on March 25, 2009 and reads as follows): Resolution 153 authorizes HUC Accountant or HUC Financial Manager to transfer funds by wire or other electronic means. Claims shall be paid upon proper presentation during the year 044 2020. This policy shall be reviewed on an annual basis. HUTCHINSON UTILITIES COMMISSION�1` Board Action Form �rMturscti mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Agenda Item: Non -Waiver of Tort Liability Limits for General Liability Presenter: Jeremy Carter Agenda Item Type: Time Requested (Minutes): 5 New Business Attachments,: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: As part of the League of Minnesota Cities Insurance Trust general liability insurance renewal for the period January 2020 through December 2020, HUC must decide whether or not to waive the statutory municipal tort liability limits from $500,000 per claimant to $1,500,000 per occurrence. If HUC does waive the tort liability limit, then HUC must purchase excess liability coverage. Historically HUC has not waived the municipal tort limit because by doing so, HUC opens itself up to claims and potential payments above the statutory limit. Recommendation is to not waive the tort liability limits. BOARD ACTION REQUESTED: Approve non -waiver of tort liability limits for general liability for the upcoming policy period of January 2020 through December 2020 Fiscal Impact: Included in current budget: No Budget Change: PROJECT SECTION: Total Project Cost: Remaining Cost: SINCE 1913 LIABILITY COVERAGE — WAIVER FORM Members who obtain liability coverage through the League of Minnesota Cities Insurance Trust (LMCIT) must complete and return this form to LMCIT before the member's effective date of coverage. Return completed form to your underwriter or email to pstechklmc.org. The decision to waive or not waive the statutory tort limits must be made annually by the member's governing body, in consultation with its attorney if necessary. Members who obtain liability coverage from LMCIT must decide whether to waive the statutory tort liability limits to the extent of the coverage purchased. The decision has the following effects: • If the member does not waive the statutory tort limits, an individual claimant could recover no more than $500,000 on any claim to which the statutory tort limits apply. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would be limited to $1,500,000. These statutory tort limits would apply regardless of whether the member purchases the optional LMCIT excess liability coverage. • If the member waives the statutory tort limits and does not purchase excess liability coverage, a single claimant could recover up to $2,000,000 for a single occurrence (under the waive option, the tort cap liability limits are only waived to the extent of the member's liability coverage limits, and the LMCIT per occurrence limit is $2,000,000). The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to $2,000,000, regardless of the number of claimants. • If the member waives the statutory tort limits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are not affected by this decision. LMCIT Member Name: Hutchinson Utilities Commission Check one: ❑✓ The member DOES NOT WAIVE the monetary limits on municipal tort liability established by Minn. Stat. § 466.04. ❑ The member WAIVES the monetary limits on municipal tort liability established by Minn. Stat. § 466.04, to the extent of the limits of the liability coverage obtained from LMCIT. Date of member's governing body meeting: Signature: November 27th, 2019 Position: 145 UNIVERSITY AVE. WEST ST. PAUL, MN 55103-2044 PHONE: (651) 281-1200 FAX: (651) 281-1299 TOLL RUE: (800) 925-1122 WEB: WWW.LMC.OPG HUTCHINSON UTILITIES COMMISSION�1` Board Action Form �rMturscti mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Agenda Item: Approve Write -Offs Presenter: Jared Martig Agenda Item Type: Time Requested (Minutes): 2 New Business Attachments,: Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: We are requesting that you approve the write-offs in the amount of $9,603.01 as shown on the attached spreadsheet. Past amounts written off are listed below. 2018: $ 9,850.78 2017: $31,967.78 2016. $11,350.31 2015: $ 7,537.92 2014: $41,279.16 2013: $ 4,316.12 2012: $ 4,067.15 2011. $ 9,792.12 BOARD ACTION REQUESTED: Approve Charge Offs Fiscal Impact: Included in current budget:Budget Change: PROJECT SECTION: Total Project Cost: Remaining Cost: November 2019 Write Offs Uncollectible ACCOUNT# AMT. OWING ELECTRIC NAT.GAS LAST 30900 81.77 81.77 8/21/2012 161086 28.71 28.71 10/23/2012 30980 180.57 180.57 - 10/22/2012 00040180 365.62 124.58 241.04 10/10/2012 121423 81.25 81.25 - 8/8/2013 1203SS 106.SS 53.05 53.50 2/6/2013 390180 432AS 104.13 328.32 2/14/2013 50100 149.84 50.94 98.90 2/14/2013 110585 224.85 132.13 92.72 2/8/2013 151010 248.91 77.92 170.99 2/6/2013 280422 381.82 192.67 189.15 1/7/2013 160823 514.49 320.88 193.61 3/29/2013 SOSS6 303.53 210.84 92.69 2/14/2013 340290 145.94 145.94 - 2/25/2013 100460 617.77 156.92 460.85 2/15/2013 121358 186.88 6.95 179.93 3/25/2013 150109 158.68 80.38 78.30 3/1/2013 3SO469 165.88 20.47 145.41 2/27/2013 470022 484.80 484.80 no payments 340022 98.12 98.12 4/15/2013 4701SO SS.20 15.50 39.70 4/19/2013 453010 52.04 52.04 - 4/16/2013 32026S SS3.SS 135.78 417.77 S/13/2013 260273 125.10 125.10 - S/13/2013 00290S84 122.18 76.73 45.45 6/18/2013 1207SO 218.98 73.65 145.33 8/S/2013 371016 104.93 104.93 - 8/12/2013 470296 276.42 143.19 133.23 9/10/2013 408SS 196.88 196.88 - 8/13/2013 360710 126.16 101.64 24.52 9/24/2013 00030420 390.14 166.15 223.99 9/10/2013 191000 1,256.76 765.34 491.42 6/19/2018 130167 103.47 86.73 16.74 9/17/2018 19102S 291.92 291.92 - 8/20/2018 606SS 2.93 2.93 S/15/2019 370814 28.80 28.80 none 1906SO 11.86 11.86 11/1/2018 260256 35.45 35.45 7/16/2018 Uncollectible Total $ 8,911.20 $ 5,047.64 $ 3,863.56 Bankruptcy Deceased ACCOUNT# AMT.OWING ELECTRIC NAT. GAS LAST 420SS3 91.91 91.91 7/17/2018 420412 53.15 53.15 4/3/2019 BANKRUPTCYTOTAL $ 145.06 $ 145.06 $ ACCOUNT# AMT.OWING ELECTRIC NAT. GAS LAST 12006S 227.03 121.98 $105.05 2/28/2019 370624 115.18 59.02 $56.16 11/8/2012 340032 204.54 88.56 $115.98 3/29/2019 DECEASED TOTAL $ 5463S $ 269.56 $ 277.19 Grand Totals $ 9,603.01 $ 5,462.26 $ 4,140.75 HUTCHINSON UTILITIES COMMISSION��` Board Action Form �rMturscti mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Agenda Item: Selling of Surplus Vehicles Presenter: Dave Agenda Item Type: Time Requested (Minutes): New Business Attachments,: No BACKGROUND/EXPLANATION OFAGENDA ITEM: Sell Surplus Vehicles from the 2019 Fleet Schedule: 1) #572 2008 Ford Bucket truck 2) #573 2008 Ford Service truck 3) #651 2006 Ford Service truck BOARD ACTION REQUESTED: Approve selling surplus vehicles Fiscal Impact: Included in current budget:Budget Change: PROJECT SECTION: Total Project Cost: Remaining Cost: HUTCHINSON UTILITIES COMMISSION�1` Board Action Form �rMturscti mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Agenda Item: Set Date/Time for General Manager Annual Performance Evaluation Presenter: Brenda Ewing Agenda Item Type: Time Requested (Minutes): 5 New Business Attachments,: No BACKGROUND/EXPLANATION OFAGENDA ITEM: Per the Employment Agreement between Hutchinson Utilities Commission and Jeremy Carter, General Manager, the Commission will conduct an annual performance review for the General Manager. This evaluation is generally conducted at the end of each calendar year. The Commission may set the evaluation session as an agenda item of a regularly scheduled Commission meeting or set a special meeting for this purpose. Upon the scheduling of the review session, Human Resources will provide the Commission members with the performance evaluation forms. As part of the review process and also per the agreement, the Commission will consider an increase in compensation to the General Manager dependent upon the results of the performance evaluation and consistent with the Hutchinson Utilities' Compensation Plan contained in the HUC Exempt Employee Handbook. BOARD ACTION REQUESTED: Set a date/time for General Manager Jeremy Carter's annual performance evaluation. Fiscal Impact: Included in current budget:Budget Change: PROJECT SECTION: Total Project Cost: Remaining Cost: