FROM 01/18 THRU 11/18 PART A. STATEMENT OF OPERATIONS … · financial and statistical report from 01/18 thru 11/18 part a. statement of operations ----- year to date ----- line last

FINANCIAL AND STATISTICAL REPORT

FROM 01/18 THRU 11/18

PART A. STATEMENT OF OPERATIONS

----------------- YEAR TO DATE ---------------

LINE LAST YEAR THIS YEAR BUDGET THIS MONTH

NO A B C D

1.0 OPERATING REVENUE & PATRONAGE CAPITAL.... 35,566,668.75 36,598,543.58 35,908,536.00 2,701,014.60

______________________________________________________________

2.0 POWER PRODUCTION EXPENSE................. .00 .00 .00 .00

3.0 COST OF PURCHASED POWER.................. 18,191,376.28- 18,521,241.01- 19,375,731.00- 1,924,637.18-

4.0 TRANSMISSION EXPENSE..................... 507,046.24- 524,980.21- 531,977.00- 37,489.26-

5.0 REGIONAL MARKET OPERATIONS EXPENSE....... .00 .00 .00 .00

6.0 DISTRIBUTION EXPENSE-OPERATION........... 547,875.90- 656,804.93- 780,004.80- 105,048.05-

7.0 DISTRIBUTION EXPENSE-MAINTENANCE......... 1,119,431.66- 1,254,141.23- 1,170,007.20- 123,151.77-

8.0 CONSUMER ACCOUNTS EXPENSE................ 1,126,314.04- 1,185,416.29- 1,171,409.12- 98,978.77-

9.0 CUSTOMER SERVICE & INFORMATIONAL EXPENSE. 55,240.24- 45,148.66- 48,808.72- 5,405.35-

10.0 SALES EXPENSE............................ .00 .00 .00 .00

11.0 ADMINISTRATIVE & GENERAL EXPENSE......... 2,125,899.95- 2,199,609.23- 2,208,156.00- 218,925.59-

______________________________________________________________

12.0 TOTAL OPERATIONS & MAINTENANCE EXPENSE... 23,673,184.31- 24,387,341.56- 25,286,093.84- 2,513,635.97-

13.0 DEPRECIATION & AMORTIZATION EXPENSE...... 1,732,819.93- 1,808,246.02- 1,806,012.01- 165,870.42-

14.0 TAX EXPENSE - PROPERTY & GROSS RECEIPTS.. .00 .00 .00 .00

15.0 TAX EXPENSE - OTHER...................... .00 .00 .00 .00

16.0 INTEREST ON LONG TERM DEBT............... 1,894,398.42- 1,805,554.17- 1,996,807.00- 161,502.88-

17.0 INTEREST CHARGED TO CONSTRUCTION - CREDIT .00 .00 .00 .00

18.0 INTEREST EXPENSE - OTHER................. .00 .00 .00 .00

19.0 OTHER DEDUCTIONS......................... 150,442.27- 150,442.27- 150,442.38- 13,676.57-

______________________________________________________________

20.0 TOTAL COST OF ELECTRIC SERVICE........... 27,450,844.93- 28,151,584.02- 29,239,355.23- 2,854,685.84-

==============================================================

21.0 PATRONAGE CAPITAL & OPERATING MARGINS.... 8,115,823.82 8,446,959.56 6,669,180.77 153,671.24-

22.0 NON OPERATING MARGINS - INTEREST......... 24,924.61 44,011.45 27,245.00 2,535.28

23.0 ALLOW. FOR FUNDS USED DURING CONSTRUCTION .00 .00 .00 .00

24.0 INCOME (LOSS) FROM EQUITY INVESTMENTS.... .00 .00 .00 .00

25.0 NON OPERATING MARGINS - OTHER............ 67,201.30- 362,776.56- 229,166.63- 85,653.72-

26.0 GENERATION & TRANSMISSION CAPITAL CREDITS .00 .00 .00 .00

27.0 OTHER CAPITAL CREDITS & PATRONAGE DIVID.. 237,649.60 235,863.43 216,665.00 .00

28.0 EXTRAORDINARY ITEMS...................... .00 .00 .00 .00

______________________________________________________________

29.0 PATRONAGE CAPITAL OR MARGINS............. 8,311,196.73 8,364,057.88 6,683,924.14 236,789.68-

DRAFT


FROM 01/18 THRU 11/18

PART C. BALANCE SHEET

LINE

NO ASSETS AND OTHER DEBITS LIABILITIES AND OTHER CREDITS

1.0 TOTAL UTILITY PLANT IN SERVICE 110,165,372.30 30.0 MEMBERSHIPS .00

2.0 CONSTRUCTION WORK IN PROGRESS 3,251,172.37 31.0 PATRONAGE CAPITAL .00

3.0 TOTAL UTILITY PLANT 113,416,544.67 32.0 OPERATING MARGINS - PRIOR YEAR 33,185,581.44-

4.0 ACCUM PROV FOR DEP & AMORT 34,682,582.27- 33.0 OPERATING MARGINS-CURRENT YEAR 8,320,046.43-

5.0 NET UTILITY PLANT 78,733,962.40 34.0 NON-OPERATING MARGINS 44,011.45-

35.0 OTHER MARGINS & EQUITIES 17,333,412.62-

6.0 NON-UTILITY PROPERTY (NET) .00 36.0 TOTAL MARGINS & EQUITIES 58,883,051.94-

7.0 INVEST IN SUBSIDIARY COMPANIES .00

8.0 INV IN ASSOC ORG - PAT CAPITAL 3,060,151.02 37.0 LONG TERM DEBT - RUS (NET) .00

9.0 INV IN ASSOC ORG OTHR GEN FND .00 (PAYMENTS-UNAPPLIED .00 )

10.0 INV IN ASSOC ORG - NON GEN FND .00 38.0 LNG-TERM DEBT-FFB-RUS GUAR .00

11.0 INV IN ECON DEVEL PROJECTS .00 39.0 LONG-TERM DEBT OTHER-RUS GUAR .00

12.0 OTHER INVESTMENTS .00 40.0 LONG TERM DEBT - OTHER (NET) 40,546,805.70-

13.0 SPECIAL FUNDS .00 41.0 LNG-TERM DEBT-RUS-ECON DEV NET .00

14.0 TOT OTHER PROP & INVESTMENTS 3,060,151.02 42.0 PAYMENTS - UNAPPLIED .00

43.0 TOTAL LONG TERM DEBT 40,546,805.70-

15.0 CASH - GENERAL FUNDS 13,202,452.05

16.0 CASH - CONSTRUCTION FUND TRUST .00 44.0 OBLIGATION UNDER CAPITAL LEASE .00

17.0 SPECIAL DEPOSITS .00 45.0 ACCUM OPERATING PROVISIONS .00

18.0 TEMPORARY INVESTMENTS 4,529,180.63 46.0 TOTAL OTHER NONCURR LIABILITY .00

19.0 NOTES RECEIVABLE (NET) .00

20.0 ACCTS RECV - SALES ENERGY(NET) 2,826,955.32 47.0 NOTES PAYABLE .00

21.0 ACCTS RECV - OTHER (NET) 4,745.14- 48.0 ACCOUNTS PAYABLE 2,381,921.09-

22.0 RENEWABLE ENERGY CREDITS .00 49.0 CONSUMER DEPOSITS 216,150.00-

23.0 MATERIAL & SUPPLIES-ELEC & OTH 1,367,214.05 50.0 CURR MATURITIES LONG-TERM DEBT .00

24.0 PREPAYMENTS 197,629.33 51.0 CURR MATURIT LT DEBT ECON DEV .00

25.0 OTHER CURRENT & ACCR ASSETS .00 52.0 CURR MATURITIES CAPITAL LEASES .00

26.0 TOTAL CURRENT & ACCR ASSETS 22,118,686.24 53.0 OTHER CURRENT & ACCRUED LIAB 1,531,965.40-

54.0 TOTAL CURRENT & ACCRUED LIAB 4,130,036.49-

27.0 REGULATORY ASSETS .00

28.0 OTHER DEFERRED DEBITS 3,141,776.20 55.0 REGULATORY LIABILITIES .00

56.0 OTHER DEFERRED CREDITS 3,494,681.73-

29.0 TOTAL ASSETS & OTHER DEBITS 107,054,575.86 57.0 TOTAL LIABILITIES & OTH CREDIT 107,054,575.86-

============== ============== DRAFT

OVERTON POWER DISTRICT #5

CASH BREAKDOWN

BEGINNING BALANCE 15,685,334$

PETTY CASH 1,700$

BANK OF NEVADA - CHECKING 12,598,991$

BANK OF NEVADA - PAYROLL ACCOUNT 39,719$

AMERICAN FIRST CREDIT UNION 28,387$

AMERICAN FIRST CREDIT UNION 503,655$

AMERICAN FIRST CREDIT UNION 67$

BANK OF NEVADA 4,029,113$

ENDING BALANCE 17,201,633$

NET DIFFERENCE IN CASH FROM PRIOR MONTH 1,516,299$

Liabilities Customer Deposit (refunded after 1 year) (216,150)$

Work Order Deposit (2,294,469)$

Work Order Construction done (233,012)$

Refunds to State (1,342)$

Future Projects Funding (1,653,337)$

Debt Reduction Funding -$

Total Available Cash 12,803,323$

November-18

DRAFT

OVERTON POWER DISTRICT #5

MISCELLANEOUS

Connection Fees Quantity Amount

Aug-18 47 38,716.20$ Sep-18 16 14,412.60$ Oct-18 40 56,249.47$ Nov-18 37 29,013.60$

Current Billing Arrangements Quantity Amount

Sep-18 79 24,172.30$ Oct-18 61 18,395.63$ Nov-18 72 14,832.35$ Dec-18 61 10,959.12$

Round Up Program

Virgin Valley Moapa ValleyThru Nov 18 513.62$ 234.62$

November-18

DRAFT

Number of Customers Summary By Month

Net Account Total Total

Change Accounts Accounts

for month 2018 2017January 57 15,599 15,204 February 25 15,624 15,231 March 20 15,644 15,254 April 31 15,675 15,271 May 11 15,686 15,276 June -23 15,663 15,300 July 51 15,714 15,315 August 61 15,775 15,354 September 3 15,778 15,378 October 74 15,852 15,450 November 54 15,906 15,518 December 0 15,542

Current

MDSC 2.65

55.93%

TIER 6.24

Equity as a % of Assets 39.50%

1.25

Minimum Required

1.35DRAFT

OVERTON POWER DISTRICT NO.5

C.F.C. LOAN STATUS

LINE OF CREDIT BALANCE OWED -$

QUARTERLY PAYMENT Dec-18

LONG-TERM LOAN

BEGINNING Interest Due for Int Rate Effective InterestPRINCIPAL Rate Repricing w/ Discounts Rate

9000001 $2,536,656.68 5.95% 10/1/2020 1.37% 4.58%9000002 $2,536,656.68 5.95% 10/1/2020 1.37% 4.58%9000003 $3,570,519.03 5.95% 10/1/2020 1.37% 4.58%9000004 $3,475,422.47 4.90% 1.33% 3.57%9000006 $3,238,613.14 3.25% 9/1/2021 0.70% 2.55%9000007 $3,147,112.25 3.40% 10/1/2019 0.74% 2.66%9000008 $3,211,666.20 3.55% 12/1/2018 0.77% 2.78%9000009 $3,328,551.48 4.10% 0.91% 3.19%9002001 $15,450,873.77 4.60% 1.04% 3.56%9002002 $50,734.00 4.60% 1.04% 3.56%

$40,546,805.70

Current Minimum RequiredAvg Interest Rate After

Discounts 3.56%

1,149,421.54$

DRAFT

CFC


PART R. POWER REQUIREMENTS DATA BASE

CLASSIFICATIONCONSUMER SALES &

REVENUE DATA July August September October Novemeber TotalsCents per

kWh

(g) (h) (i) (j) (k)

1. Residential Sales a. No. Consumers Served 13,158 13,163 13,169 13,221 13,265

(excluding seasonal) b. KWH Sold 20,039,032 24,889,631 21,375,683 14,439,208 10,096,902 170,959,781

c. Revenue 2,071,167 2,529,629 2,197,991 1,556,697 1,166,629 18,252,213 0.1068

2. Residential Sales - a. No. Consumers Served 0 0 0 0 0 0

Seasonal b. KWH Sold 0 0 0 0 0 0

c. Revenue 0 0 0 0 0 0

3. Irrigation Sales a. No. Consumers Served 41 41 42 41 40

b. KWH Sold 105,844 99,349 106,574 99,856 31,615 966,910

c. Revenue 10,470 9,958 10,389 10,133 4,698 100,765 0.1042

4. Comm. and Ind. a. No. Consumers Served 2,022 2,077 2,073 2,097 2,109

1000 KVA or Less b. KWH Sold 7,743,584 8,676,229 8,230,425 6,684,599 5,616,133 72,207,272

500 kW or Less c. Revenue 774,121 851,313 813,101 679,036 583,314 7,339,763 0.1016

5. Comm. and Ind. a. No. Consumers Served 13 13 13 13 13

Over 1000 KVA b. KWH Sold 7,295,745 8,133,545 8,054,538 6,772,997 7,123,805 77,332,802

500 kW or More c. Revenue 639,454 702,225 694,582 602,737 616,707 6,751,903 0.0873

6. Public Street & Highway a. No. Consumers Served 242 242 242 242 242

Lighting b. KWH Sold 208,084 232,755 249,758 256,649 302,975 2,994,181

c. Revenue 24,518 26,854 28,473 29,132 33,600 336,964 0.1125

7. Other Sales to Public a. No. Consumers Served 238 239 239 238 237

Authority b. KWH Sold 3,066,219 3,488,946 3,749,103 3,171,902 2,612,599 30,675,735

c. Revenue 270,758 306,389 326,225 286,446 239,197 2,772,083 0.0904

8. Sales for Resales-REA a. No. Consumers Served 0 0 0 0 0 0

Borrowers b. KWH Sold 0 0 0 0 0 0

c. Revenue 0 0 0 0 0 0

9. Sales for Resales-Other a. No. Consumers Served 0 0 0 0 0 0

b. KWH Sold 0 0 0 0 0 0

c. Revenue 0 0 0 0 0 0 #DIV/0!

10. TOTAL No. of Consumers (lines 1a thru 9a) 15,714 15,775 15,778 15,852 15,906

11. TOTAL KWH Sold (lines 1b thru 9b) 38,458,508 45,520,455 41,766,081 31,425,211 25,784,029 355,136,681

12. TOTAL Revenue Received From Sales of Electric 0

Energy (line 1c thru 9c) 3,790,488 4,426,368 4,070,761 3,164,181 2,644,145 35,553,691 0.1001

13. Other Electric Revenue 152,216 147,950 59,430 128,400 56,870 1,044,458

14. KWH - Own Use 77,916 100,829 91,013 70,530 42,142 678,705

15. TOTAL KWH Purchased 48,800,066 47,260,137 37,433,325 28,100,647 27,602,261 379,653,788

16. TOTAL KWH Generated 0 0 0 0 0 0

17. Cost of Purchases and Generation 2,336,338 2,295,545 1,767,737 1,370,143 1,924,637 18,521,241

18. Interchange - KWH - Net 0 0 0 0 0 0

19. Peak - Sum All KW Input (Metered) 0 0 0 0 0 0

Non-coincident __X__ Coincident ____ 99,100 95,300 84,329 69,819 54,903 0

Monthly Cost 0.0479 0.0486 0.0472 0.0488 0.0697Monthly Revenue 0.0986 0.0972 0.0975 0.1007 0.10252018 Avg Cost 0.0465 0.0467 0.0468 0.0470 0.0491

DRAFT

CFC


PART R. POWER REQUIREMENTS DATA BASE

CLASSIFICATIONCONSUMER SALES &

REVENUE DATA July August September October Novemeber TotalsCents per

kWh

(g) (h) (i) (j) (k)

10. TOTAL No. of Consumers (lines 1a thru 9a) 15,714 15,775 15,778 15,852 15,906

11. TOTAL KWH Sold (lines 1b thru 9b) 38,458,508 45,520,455 41,766,081 31,425,211 25,784,029 355,136,681

12. TOTAL Revenue Received From Sales of Electric 0

Energy (line 1c thru 9c) 3,790,488 4,426,368 4,070,761 3,164,181 2,644,145 35,553,691 0.1001

13. Other Electric Revenue 152,216 147,950 59,430 128,400 56,870 1,044,458

14. KWH - Own Use 77,916 100,829 91,013 70,530 42,142 678,705

15. TOTAL KWH Purchased 48,800,066 47,260,137 37,433,325 28,100,647 27,602,261 379,653,788

16. TOTAL KWH Generated 0 0 0 0 0 0

17. Cost of Purchases and Generation 2,336,338 2,295,545 1,767,737 1,370,143 1,924,637 18,521,241

18. Interchange - KWH - Net 0 0 0 0 0 0

19. Peak - Sum All KW Input (Metered) 0 0 0 0 0 0

Non-coincident __X__ Coincident ____ 99,100 95,300 84,329 69,819 54,903 0

Monthly Cost 0.0479 0.0486 0.0472 0.0488 0.0697Monthly Revenue 0.0986 0.0972 0.0975 0.1007 0.10252018 Avg Cost 0.0465 0.0467 0.0468 0.0470 0.0491DRAFT

OVERTON POWER DISTRICT NO. 5 CHECK REGISTER FOR 11/18 PAGE 1PRG. CHKREGTR (CKRA) ACCT 131.02 DESC AP BANK OF NEVADA RUN DATE 12/11/18 01:11 PM

SEQ VOID CHECK BRK DATE VENDOR NAME AMOUNT DESCRIPTION

2713 11/02/18 4953 HSA BANK 3,940.40 EMPLOYEE HSA CONTRIBUTIONS

2714 11/05/18 2105 NEVADA POWER COMPANY 57,033.73 LIMITED TERM POWER - AUGUST 2018

2716 * 11/06/18 2395 PUBLIC EMPLOYEES RETIREMENT 83,543.00 RETIREMENT

2717 11/20/18 2105 NEVADA POWER COMPANY 40,271.37 TRANSMISSION OCTOBER 2018

2718 11/20/18 5020 MORGAN STANLEY CAPITAL GROUP 1,078,367.40 OCTOBER 2018 POWER

2719 11/09/18 5203 LADWP -DEPT OF WATER & POWER 11,371.14 MOAPA SOLAR - OCTOBER 2018

2720 11/23/18 635 COLORADO RIVER COMMISSION 187,851.53 POWER / PDAF (JAN-19) SEPTEMBER 2018 ADJUSTMENT

2721 11/14/18 4687 BANK OF NEVADA 145,500.00 TRANSFER PR#1823 FUNDS

2722 11/15/18 549 CITY OF MESQUITE 6,152.28 HYDRO POWER - SEPT/NOV 2018

2723 11/16/18 4953 HSA BANK 3,815.40 EMPLOYEE HSA CONTRIBUTIONS

2724 11/28/18 4687 BANK OF NEVADA 173,100.00 TRANSFER PR#1824 & 1853 FUNDS

2725 11/27/18 4953 HSA BANK 143.50 HSA DEBIT

43647 * 11/01/18 396 BORDER STATES ELEC. SUPPLY 1,978.82 SPIDERFLEX ROPE REEL

43648 11/01/18 565 CLARK COUNTY RECORDER 120.00 LIEN / LIEN RELEASES

43649 11/01/18 605 HOME HARDWARE AND VARIETY 126.57 BUILDERS HARDWARE CABLE TIES 6' T FENCE POST GLUE, PAINT, BRUSHES ANT BAIT PLIERS, BUILDERS HDWE BUILDERS HARDWARE 1-1/2" 2 HOLE STRAPS HOSE NOZZLE

43650 11/01/18 1082 GRAINGER 102.20 HEARING BAND, BANDED 25DB

43651 11/01/18 1233 INTERMOUNTAIN CONSUMER 2,790.00 TORTOISE RING BUS LAYOUT

43652 11/01/18 1640 MCFARLAND CASCADE CO. 38,030.00 POLES

43653 11/01/18 1790 MESQUITE CHAMBER OF COMMERCE 720.00 BUSINESS / VISITORS GUIDE AD

43654 11/01/18 1805 MESQUITE LUMBER & SUPPLY 286.61 MISC NUTS, BOLTS, SCREWS TERM RING INS22-18G8-10SD 10-24X1 PHIL PAN MS ZN SAW HOLE 1-5/8"W/ARB ACE RULE OPEN REEL, BATTERIESDRAFT



TERM RING 8 AWG 8-10 SD COUPLE COMP 5/8", 2-3/4X5/8 COMP TERM RING 8 AWG 8-10 SD STIHL MOTO MIX 1 GALLON DRILL BITS CLAMP, MAGNETIC DRIVER CUT OFF WHEEL, BRUSH CUP

43655 11/01/18 2234 OVERTON ACE HARDWARE 155.42 SDS DRILL BITS & CHISELS SDS HAMMER BIT 1/2" X 12" SWITCHE, EPOXY SWITCHES HEX KEY SET, NUTS & BOLTS COUPLERS, REDUCERS, NUTS & BOLTS

43656 11/01/18 2235 OVERTON AUTO PARTS 185.36 WIPER BLADE TRAILER JACK 7051 OIL FILTER BATTERY, WINDSHIELD SEALER

43657 11/01/18 3075 UNITED STATES POST OFFICE 100.00 POSTAGE

43658 11/01/18 3304 VIRGIN VALLEY WATER DISTRICT 838.26 HYDRANT METER RENTAL MESQUITE WATER

43659 11/01/18 3802 GENTRY GIS, LLC 4,158.00 MILSOFT. MAPPING

43660 11/01/18 4140 CODALE ELECTRIC SUPPLY, INC 30,746.60 OKONITE HIGH VOLTAGE 1/0 CONDUIT, NIPPLES, GASKET 3" PVC ADAPTER PULL LINE 5 GAL PAIL 6500' NEMA3R SFTY SWITCH

43661 11/01/18 4424 WOLLENZIEN, MERLIN 52.43 REIMBURSE MISC. EXPENSE

43662 11/01/18 4501 INCONTACT, INC. 228.64 LONG DISTANCE - OVERTON LONG DISTANCE - MESQUITE

43663 11/01/18 4876 BATTLE BORN MEDIA LLC 300.00 ADVERTISING

43664 11/01/18 4888 WESTERN UNITED ELECTRIC SUPP 1,552.80 1/0 HIGH VOLTAGE ELBOW

43665 11/01/18 4942 XTREME STITCH & PRINT 302.50 MISC. GENERAL EXPENSE

43666 11/01/18 4964 ANIXTER INC 807.50 COVER CLR POLY FOR BLANK MTR HV TRANSFORMER BUSHING INSERTS HV TRANSFORMER BUSHING INSERTS

43667 11/01/18 5012 TINKS SUPERIOR AUTO PARTS 65.66 WINDSHIELD WASH GOJO HAND CLEANER FMX-20 FUSE, FILTERDRAFT



43668 11/02/18 975 ESCI 2,307.00 SAFETY & TRAINING SERVICES

43669 11/02/18 1586 LIN'S SUPERMARKETS INC. 2,107.18 MISC GENERAL EXPENSE OCTOBER CHARGES

43670 11/02/18 4141 WHITNEY, LUKE 100.00 REIMBURSE MISC EXPENSE

43671 11/02/18 4744 STAPLES CONTRACT&COMMERCIAL 463.57 HP SPECIAL INKJET PAPER, CK SCNR

43672 11/02/18 4925 CREATIVE CLEANING SERVICES 1,950.00 CLEANING SERVICE - OCT 2018

43673 11/02/18 5017 MAVES CONSTRUCTION 821.80 REFUND ADVANCE DEPOSIT BALANCE

43674 11/02/18 5222 DOUGLAS PURVIS 12,000.00 MESQUITE OFFICE REMODEL OVERTON OFFICE REMODEL

43675 11/05/18 4505 ONLINE INFORMATION SERVICES 499.80 ONLINE UTLITY EXCHANGE

43676 11/05/18 1920 MOAPA VALLEY TELEPHONE 2,936.00 MOAPA PHONES

43677 11/14/18 23 AIRGAS USA 65.49 CYLINDER RENTAL

43678 11/14/18 453 BULLDOG PEST CONTROL INC. 125.00 GENERAL MAINTENANCE OF PLANT

43679 11/14/18 565 CLARK COUNTY RECORDER 120.00 LIEN / LIEN RELEASES

43680 11/14/18 605 HOME HARDWARE AND VARIETY 5.99 GLUE

43681 11/14/18 1020 FEDERATED RURAL ELECTRIC INS 1,337.00 ADDITIONAL PREMIUM - WORKERS COM

43682 11/14/18 1175 HUGHES OIL COMPANY 5,748.55 BULK GAS/DIESEL OVERTON BULK GAS/DIESEL MESQUITE CREDIT FROM INVOICE 18006

43683 11/14/18 1616 MARSHALL, SHAWNA 806.24 REIMB. TRAINING EXPENSE

43684 11/14/18 1805 MESQUITE LUMBER & SUPPLY 145.89 MISC NUTS, BOLTS SCREWS, WASHERS GRND WHL, CUTOFF BLADE, NUTS, BL EXT. CORD

43685 11/14/18 1940 MOAPA VALLEY WATER DISTRICT 711.44 MOAPA VALLEY WATER

43686 11/14/18 2045 NRECA 63,799.30 2018 INSURANCE PREMIUM

43687 11/14/18 2046 NRECA 5,441.44 2018 INSURANCE ADMIN FEE

43688 11/14/18 2351 PITNEY BOWES GLOBAL FINANCIA 335.34 QUARTERLY LEASE PAYMENT

43689 11/14/18 2490 RELIANCE CONNECTS 1,737.36 MESQUITE PHONES

43690 11/14/18 2491 RIO VIRGIN TELEPHONE CO. 421.21 PHONE SERVICEDRAFT



43691 11/14/18 2709 SOUTHEASTERN DATA COOP, INC. 29,663.46 SFTW SUPPORT, POSTAGE, BILLING,

43692 11/14/18 3285 VIRGIN VALLEY DISPOSAL 257.84 DISPOSAL SERVICE

43693 11/14/18 3606 MASTERTECH SECURITY SERVICES 103.75 ALARM MONITORING

43694 11/14/18 3717 COMPUNET, INC. 150.00 OCT 2018 LABOR CHARGES

43695 11/14/18 3848 BRI-MONT CONSTRUCTION 1,725.00 SHADE STRUCTURE-FABRIC/SOLID

43696 11/14/18 4422 STATE OF NEVADA 2,558.34 PEBP INSURANCE

43697 11/14/18 4424 WOLLENZIEN, MERLIN 693.92 REIMBURSE TRAINING EXPENSE

43698 11/14/18 4517 KOKOPELLI LANDSCAPING INC. 748.40 SERVICE CALL/ REPAIR LEAK GENERAL MAINT. OF PLANT

43699 11/14/18 4619 FITCH RATINGS, INC 2,000.00 RELATIONSHIP FEE - 11/18-10/19

43700 11/14/18 4687 BANK OF NEVADA 8,102.35 VISA CHARGES

43701 11/14/18 4698 GARCIA, JOHN 64.70 REIMBURSE MISC EXPENSE

43702 11/14/18 4744 STAPLES CONTRACT&COMMERCIAL 46.99 CHECK SCANNER

43703 11/14/18 4917 RITZ SAFETY LLC 135.38 FR SHIRTS

43704 11/14/18 4971 FUTURA SYSTEMS INC. 1,950.00 MONTHLY RECURRING CHARGES

43705 11/14/18 4980 OFFICE1 200.22 COPIER MAINT. AGREEMENT COPIER MAINT. AGREEMENT

43706 11/14/18 4981 RURALITE SERVICES INC 165.00 WEB HOSTING / MAINTENANCE

43707 11/14/18 4997 COOPERATIVE RESPONSE CENTER, 2,711.04 ENERGY DISPATCH, CRC LINK

43708 11/14/18 5012 TINKS SUPERIOR AUTO PARTS 397.71 CORE DEPOSIT HAND CLEANER OIL, OIL FILTERS

43709 11/14/18 5074 MARCH COUNSEL LLC 2,465.00 PROFESSIONAL SERVICES

43710 11/14/18 5084 VALLEY MOBILE CAR CARE 990.00 MAINTENANCE OF VEHICLES MAINTENANCE OF VEHICLES

43711 11/14/18 5223 WESTERN ELITE 1,079.00 LARGE TRASH DUMPSTER RENTAL

43712 11/14/18 5224 MONJARAS, JAYLENE & JOSE 2,500.00 SOLAR REBATE

43713 11/14/18 5225 AUNCHMAN, JOHN 2,256.75 SOLAR REBATE

43714 11/14/18 5226 TAYLOR, ARTHUR 2,500.00 SOLAR REBATEDRAFT



43715 11/15/18 456 BULLOCH BROTHERS ENG INC 9,500.00 GILA TO DINOSAUR SUBSTN AERIAL

43716 11/15/18 1082 GRAINGER 200.04 SAFETY GLASSES

43717 11/15/18 2046 NRECA 37.50 HRA ACCOUNT ADMIN

43718 11/15/18 2621 SCHWEITZER ENGINEERING LABS 4,045.71 SYNC. NETWORK CLOCK, ANTENNA COAXILE CABLE

43719 11/15/18 3957 ELECTRICAL CONSULTANTS, INC. 1,805.00 PROFESSIONAL SERVICES

43720 11/15/18 4140 CODALE ELECTRIC SUPPLY, INC 11,962.87 50KVA TRANSFORMERS 50 KVA TRANSFORMER ABB TEST SWITCH, 200:5 TYPE CMF WIRE-600V #2 OH QUAD

43721 11/15/18 4270 FETHERSTON, MICHAEL 500.00 500 DIRECTOR FEE

43722 11/15/18 4377 STRATTON, BLAKE 317.47 REFUND ADVANCE DEPOSIT BALANCE

43723 11/15/18 4696 WAITE, DOUG 500.00 500 DIRECTOR FEE

43724 11/15/18 4701 MESQUITE FORD 52.82 BUCKLE ASY

43725 11/15/18 4742 NELSON, JACK WILLIAM 549.05 500 DIRECTOR FEE, 49.05 MILEAGE

43726 11/15/18 4744 STAPLES CONTRACT&COMMERCIAL 416.16 COVERS, BINDERS, RECEIPT PAPER

43727 11/15/18 4797 THE LINDI CORPORATION 293.13 PLUMBING REPAIRS

43728 11/15/18 4903 BUNKER, ROBERT 500.00 500 DIRECTOR FEE

43729 11/15/18 4904 YOUNG, MIKE 500.00 500 DIRECTOR FEE

43730 11/15/18 4905 METZ, JUDITH 549.05 500 DIRECTOR FEE, 49.05 MILEAGE

43731 11/15/18 4917 RITZ SAFETY LLC 3,270.61 FR SWEATSHIRTS FR CLOTHING FR CLOTHING FR CLOTHING FR CLOTHING FR CLOTHING FR CLOTHING

43732 11/15/18 4963 MESQUITE MINI STORAGE LLC 70.00 NOV. 2018 - STORAGE RENTAL

43733 11/15/18 4964 ANIXTER INC 1,842.50 LOADBREAK ELBOW PROBE 4/0 STR TINNED CU

43734 11/15/18 5031 ACLARA TECHNOLIGIES LLC 2,182.25 KIT - HDTP-SYNTHETIC-NEUT

43735 11/15/18 5034 LEAVITT, CHAD 549.05 500 DIRECTOR FEE, 49.05 MILEAGEDRAFT



43736 11/15/18 5218 ASPLUNDH TREE EXPERTS, LLC 10,808.40 TREE TRIMMING TREE TRIMMING TREE TRIMMING

43737 11/26/18 1054 GALE, BRETT 100.00 REIMBURSE MISC EXPENSE

43738 11/26/18 1175 HUGHES OIL COMPANY 1,916.20 BULK GAS/DIESEL OVERTON

43739 11/26/18 3257 VERIZON WIRELESS 2,967.12 VERIZON CELL PHONES

43740 11/26/18 3793 WHIPPLE, JAY D 100.00 MAINTENANCE OF PLANT

43741 11/26/18 4380 LAGROW, BECKY 258.71 REIMBURSE MISC EXPENSE

43742 11/26/18 4714 MILLS & MILLS LAW GROUP 675.00 LEGAL FEES / BOARD MEETING

43743 11/26/18 4744 STAPLES CONTRACT&COMMERCIAL 27.98 TAPE DISPENSER

43744 11/26/18 4917 RITZ SAFETY LLC 56.87 FR CLOTHING

43745 11/26/18 4942 XTREME STITCH & PRINT 704.10 FR EMBROIDERY MISC. GENERAL EXPENSE

43746 11/26/18 5055 THE PIN CENTER 1,539.50 NRECA DC YT EXPENSE

43747 11/26/18 5084 VALLEY MOBILE CAR CARE 330.00 MAINTENANCE OF VEHICLES

43748 11/26/18 5218 ASPLUNDH TREE EXPERTS, LLC 5,229.18 TREE TRIMMING

43749 11/26/18 5223 WESTERN ELITE 1,249.00 TRASH DUMPSTERS

43750 11/26/18 5227 PAR 3 LLC 500.00 DEPOSIT - HOLIDAY PARTY

43751 11/26/18 5228 HOLLINGSHEAD, JADEN 2,000.00 SCHOLARSHIP RECIPIENT

TOTAL CHECKS 117 TOTAL AMOUNT 2,110,292.84

DRAFT

Overton Power District #5 BOARD OF TRUSTEE’S DECEMBER 19, 2018

ACTION ITEM - G

SUBJECT: Review and Possible Approval of OPD-P-19.204 Temporary Employment Opportunities Policy

PETITIONER: Staff

RECOMMENDATIONS: Approval

FISCAL IMPACT: Approximately $57,000 BACKGROUND: The policy establishes the guidelines for interns and temporary workers and sets the number of interns and temporary workers that may be hired each year. Staff received approval to hire four interns in 2018. All four positions were successfully filled and were a benefit to the District and the community. Staff requests that four interns be hired in 2019. The costs associated with hiring four interns have been included in the 2019 budget and will remain in the budget, if approved by the Board. RECOMMENDATION: To approve hiring four interns in 2019, in accordance with the Temporary Worker Policy OPD-P-19.204.

Regulation No. OPD-P-19.204

Date First Approved: March 16, 2016Revision No.: 4Date Last Revised: December 20, 2017

Approved By : _______________________________________Mike Young, Board Secretary

OVERTON POWER DISTRICT NO. 5PERSONNEL REGULATION

TEMPORARY EMPLOYMENT OPPORTUNITES

A. GENERAL

The District recognizes the benefits of using temporary labor. The hiring of temporaryemployees provides a cost savings to the District when certain tasks can beaccomplished by untrained labor. Hiring temporary employees gives the District’s staffvaluable insight into a person’s skills and personal attributes that may play a role infuture hiring opportunities. The District also recognizes the benefit of providingtemporary jobs to the local communities.For the purpose of this policy, temporary employees may also be known as collegeinterns, part-time workers, or part-time employees.

B. RESPONSIBILIITES

a. Each year the General Manager shall determine the number of temporary

employees that may be needed for the year.

b. The General Manager shall provide the Board of Trustees (Board) with an

overview of how many temporary workers are needed and how the temporary

employees will be utilized.

c. Each year the Board will determine the number of temporary employees, if any,

that the General Manager may hire during the year.

C. GOVERNING PRINCIPLES

a. Prospective temporary workers shall submit a completed employment

application.

b. Temporary employees shall be hired at the discretion of the General Manager.

c. Temporary employees shall be high school graduates, 18 years and older.

d. Temporary workers shall be legal citizens of the United States of America or they

shall have the appropriate worker visa and shall possess a valid social security

number.

e. Temporary employees or a parent or legal guardian shall be a customer of the

District, unless the prospective temporary employee is a college intern or if the

prospective temporary employee is attending a journeyman lineman school or a

trade school with related studies.

f. Preference will be given to prospective temporary workers who are college

interns or those who attend or plan to attend a college or trade school in a field

of study that applies to the District.

g. A prospective temporary employee shall not be hired if the individual is under

investigation or has been convicted of a felony or a serious misdemeanor.

h. Temporary workers are subject to the District’s Substance Abuse Policy, Policy

No. OPD-P-10.300.

i. Temporary workers are subject to the District’s Employee Drivers Regulations,

Regulation No. OPD-P-11.200.

j. Temporary employees may only drive company vehicles if they have the proper

license, training, and supervisor approval for the specific vehicle they are to

operate.

k. A temporary worker will be assigned to a supervisor or foreman who will oversee

their work.

l. Temporary employees shall wear suitable clothing for their respective job duties.

m. Temporary employees shall be provided with the proper personal protective

equipment (PPE) and shall wear the appropriate PPE for their job duties.

n. Temporary employees may normally work eight to ten hours per day and up to

40 hours work week in accordance with the schedule of the supervisor to which

they are assigned.

o. Temporary workers may work up to a maximum of three months in any

12-month period.

p. A temporary worker may be dismissed by the General Manager for any cause

outlined in Disciplinary Procedure, Regulation No. OPD-P-16.200.

q. A temporary employee is not promised or guaranteed future employment by

virtue of being hired as a temporary employee.

D. COMPENSATION

a. A college intern shall be paid the current legal minimum wage plus five dollars

per hour unless otherwise recommended by the General Manager and approved

by the Board of Trustees. All other temporary employees shall be paid the

current legal minimum wage unless otherwise recommended by the General

Manager and approved by the Board of Trustees.

b. A temporary employee is not eligible for benefits offered to full-time employees

such as holiday pay, vacation time, sick time, medical insurance, retirement, and

other such benefits. However, a temporary employee is eligible for daily work

breaks and overtime pay when worked, in accordance with the current labor

laws.

c. Temporary workers shall be paid bi-weekly on the regular pay days designated

for full-time workers.


ACTION ITEM - H

SUBJECT: Review and Possible Approval of 2019 Organizational Chart PETITIONER: Staff RECOMMENDATIONS: Approval FISCAL IMPACT: $414,396.07 including all costs and benefits BACKGROUND: Each year staff presents the District’s organizational chart with suggested changes, to be approved by the Board. This year the organizational chart is submitted with proposed changes to the chart, including the request to hire five new employees during 2019. These changes and proposed hires have been contemplated due to staff retirements that will occur in the next two years. All proposed new hires will be added at entry level positions. It is proposed that temporary changes be made to the leadership structure of the District to facilitate the proper training and seamless transition that must occur in the coming months as existing leaders retire and as replacements assume new positions. The financial effect of these changes has been calculated for the entire year and have been incorporated into the proposed 2019 budget. These costs will remain in the budget if approved or will be removed from the budget if not approved. PROPOSED MOTION: To approve 2019 Organizational Chart as presented.


ACTION ITEM - I

SUBJECT: Review and Possible Approval of 2019 Budget PETITIONER: Staff RECOMMENDATIONS: Approval FISCAL IMPACT: BACKGROUND: Staff presents an annual budget each calendar year. The budget is an estimate of income and expenses and shows staff’s estimate of income and revenue. The budget also includes the cost of purchased power, wages, benefits, materials, supplies, and other expenses needed for the operation of the business. The budget presentation includes a look back at the financial performance of the business and a budget forecast for the next two years in order to give the Board an understanding of the direction and trajectory of the finances. A budget update is presented each month for review by the board. The update includes a year to date comparison of the previous year. PROPOSED MOTION: To approve 2019 Budget as presented.

Documents

FROM 01/18 THRU 11/18 PART A. STATEMENT OF OPERATIONS … · financial and statistical report from 01/18 thru 11/18 part a. statement of operations ----- year to date ----- line last