Page 431 - 2020-21 Budget Summary

DEPARTMENT OF WATER AND POWER

This Department, under the City Charter, is responsible for supplying the City and its inhabitants with water and electric energy by
constructing, operating, and maintaining for that purpose works extending throughout the City and to Inyo and Mono Counties to
import water and electric energy and to other western states to import electric energy; fixes rates for water and electric service
subject to approval of the Council by ordinance; controls its own funds; and maintains a retirement, disability, and death benefit
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insurance plan.

POWER REVENUE FUND

RECEIPTS
Estimated Estimated
Receipts Receipts Receipts
2018-19 2019-20 2020-21

$ 751,000,000 $ 1,142,000,000 Balance available, July 1......................................................................... $ 1,069,000,000
Less:
232,557,000 229,913,000 Payments to City of Los Angeles......................................................... 230,119,000

$ 518,443,000 $ 912,087,000 Adjusted Balance..................................................................................... $ 838,881,000

4,021,600,000 4,244,458,000 Sale of electric energy (1)........................................................................ 4,399,954,000
297,815,100 330,520,000 From Water Revenue Fund for services and materials........................... 367,464,200

828,100,000 662,783,000 Proceeds from sale of bonds for construction

expenditures made by Power Revenue Fund...................................... 853,844,000

58,400,000 37,333,000 Contributions in aid of construction.......................................................... 40,429,000
183,799,400 113,393,000 From individuals, companies and governmental
agencies for services and materials.................................................... 122,197,900

239,200,000 208,828,000 Miscellaneous.......................................................................................... 186,085,000

$ 6,147,357,500 $ 6,509,402,000 Total Power Revenue Fund................................................................ $ 6,808,855,100
APPROPRIATIONS

Estimated Estimated
Expenditures Expenditures Appropriation
2018-19 2019-20 2020-21
$ 1,034,298,800 $ 1,047,533,000 Salaries and wages.................................................................................. $ 1,147,060,800
242,586,600 277,484,000 Materials, supplies and equipment.......................................................... 300,849,600
1,560,600,000 1,555,929,000 Purchased energy and fuel for generation............................................... 1,573,790,000

184,238,300 263,164,000 Contracts - Construction work.................................................................. 421,557,300
12,483,200 18,820,000 Contracts - Operation and maintenance work......................................... 27,394,100
13,261,800 16,417,000 Rentals and leases.................................................................................. 16,291,000
51,287,900 51,170,000 Payments to other utilities for proportionate share of
construction, operation and maintenance of
jointly-owned facilities.......................................................................... 51,604,600
234,747,700 285,154,000 Outside services and regulatory fees....................................................... 371,420,400
1,690,900 -- Purchase of land and buildings................................................................ 4,001,400
11,530,200 15,251,000 Property taxes.......................................................................................... 16,251,300
9,681,900 10,203,000 Utility services for telecommunications and water................................... 10,090,200

31,751,100 30,067,000 Injuries and damages............................................................................... 30,505,700

5,972,900 8,127,000 Postal services......................................................................................... 8,077,000

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