Page 81 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - Natural Gas

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - 0 - -
AUGUST 3,443 3,868 - 3,848 2,937 (911) 2,937 3,733
SEPTEMBE - - 3,618 - - - 0 - -
OCTOBER - - - - - - 0 - -
NOVEMBER 3,630 3,500 - 3,488 6,787 3,299 6,787 3,578
DECEMBER - - - - - - 0 - -
JANUARY - - 3,876 - 1,181 1,181 1,181 -
FEBRUARY 4,246 - 4,400 3,898 226 (3,672) 226 4,193
MARCH - 3,814 - - - - 0 - -
APRIL - - - - - -
MAY 6,211 - - 5,166 6,069 5,696
JUNE - 5,185 7,437 - - -
TOTAL $ 17,531 $ 16,367 $ 19,332 $ 16,400 $ 17,200 $ 17,200
% Change 13.6% -6.6% 18.1% -15.2% -11.0% 0.0%
2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST 3,443 3,868 - 3,848 2,937 (911) 2,937 3,733
SEPTEMBE 3,443 3,868 3,618 3,848 2,937 (911) 2,937 3,733
OCTOBER 3,443 3,868 3,618 3,848 2,937 (911) 2,937 3,733
NOVEMBER 7,073 7,368 3,618 7,336 9,724 2,388 9,724 7,311
DECEMBER 7,073 7,368 3,618 7,336 9,724 2,388 9,724 7,311
JANUARY 7,073 7,368 7,495 7,336 10,905 3,569 10,905 7,311
FEBRUARY 11,320 7,368 11,895 11,234 11,131 (103) 11,131 11,504
MARCH 11,320 11,182 11,895 11,234 11,131 (103) 11,131 11,504
APRIL 11,320 11,182 11,895 11,234 11,131 11,504
MAY 17,531 11,182 11,895 16,400 17,200 17,200
JUNE 17,531 16,367 19,332 16,400 17,200 17,200
The franchise payment received from natural gas suppliers is two percent of the gross sales of gas plus the value
of gas not sold, but rather transported within the City. The 2019-20 revised estimate is based on receipts-to-date,
and reflects a decrease from prior year's atypically high receipts. The 2020-21 estimate, based on historical
receipts since 2009-10 and natural gas price futures, is expected to remain flat.

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