Page 83 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - Pipelines
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - 10 10 10 -
AUGUST - - - - 38 38 38 -
SEPTEMBER - - 13 - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER 4 - - - 7 7 7 -
JANUARY - 444 309 - 1,028 1,028 1,028 -
FEBRUARY 2,941 2,491 2,816 3,000 479 (2,521) 479 -
MARCH 1,297 1,724 1,316 1,500 2,271 771 2,271 -
APRIL 155 39 - 500 - -
MAY - - 109 - - -
JUNE (2,198) (2,349) (1,604) (2,500) (1,334) 2,500
TOTAL $ 2,198 $ 2,349 $ 2,958 $ 2,500 $ 2,500 $ 2,500
% Change -15.4% 6.9% 25.9% -15.5% -15.5% 0.0%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - 10 10 10 -
AUGUST - - - - 48 48 48 -
SEPTEMBER - - 13 - 48 48 48 -
OCTOBER - - 13 - 48 48 48 -
NOVEMBER - - 13 - 48 48 48 -
DECEMBER 4 - 13 - 55 55 55 -
JANUARY 4 444 321 - 1,083 1,083 1,083 -
FEBRUARY 2,944 2,936 3,138 3,000 1,562 (1,438) 1,562 -
MARCH 4,241 4,660 4,453 4,500 3,834 (666) 3,834 -
APRIL 4,396 4,699 4,453 5,000 3,834 -
MAY 4,396 4,699 4,563 5,000 3,834 -
JUNE 2,198 2,349 2,958 2,500 2,500 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.
The 2020-21 and 2021-22 estimates were provided by the Board of Public Works and are within average of
recent receipts.

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