Page 85 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - Pipelines

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 6 - - - - - 0 - -
AUGUST - - - - - - 0 - -
SEPTEMBE 6 - - - 13 13 13 -
OCTOBER - - - - - - 0 - -
NOVEMBER - - - - - - 0 - -
DECEMBER 625 4 - - - - 0 - -
JANUARY 6 - 444 - 309 309 309 -
FEBRUARY 850 2,941 2,491 3,000 2,816 (184) 2,816 3,000
MARCH 1,043 1,297 1,724 1,800 1,316 (484) 1,316 1,500
APRIL 61 155 39 200 327 500
MAY - - - - - -
JUNE - (2,198) (2,349) (2,500) (2,390) (2,500)
TOTAL $ 2,598 $ 2,198 $ 2,349 $ 2,500 $ 2,390 $ 2,500
% Change 5.8% -15.4% 6.9% 6.4% 1.7% 4.6%
2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 6 - - - - - - -
AUGUST 6 - - - - - - -
SEPTEMBE 12 - - - 13 13 13 -
OCTOBER 12 - - - 13 13 13 -
NOVEMBER 12 - - - 13 13 13 -
DECEMBER 637 4 - - 13 13 13 -
JANUARY 643 4 444 - 321 321 321 -
FEBRUARY 1,493 2,944 2,936 3,000 3,138 138 3,138 3,000
MARCH 2,537 4,241 4,660 4,800 4,453 (347) 4,453 4,500
APRIL 2,598 4,396 4,699 5,000 4,780 5,000
MAY 2,598 4,396 4,699 5,000 4,780 5,000
JUNE 2,598 2,198 2,349 2,500 2,390 2,500
The pipeline franchise payment is based on the size and length of pipe and an established fee which is adjusted
for the change in the producer price index. It is also affected by the number of franchisees. Fifty percent of the
proceeds from this fee are deposited into special accounts for neighborhood improvements in areas impacted by
petroleum gas pipelines. This account records the balance of gas franchise fees which are deposited into the
General Fund. Although there is some annual variation, the General Fund share of franchise income from
pipelines has averaged about $2 million annually for the past ten years. The 2019-20 and 2020-21 estimates
assume increases from prior year receipts.

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