Page 432 - FY 2022-23 Proposed Budget

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
2020-21 2021-22 2022-23
$ 1,125,000,000 $ 1,432,000,000 Balance available, July 1.......................................................................... $ 2,159,000,000
Less:
218,355,000 225,015,000 Payments to City of Los Angeles......................................................... 229,721,000

$ 906,645,000 $ 1,206,985,000 Adjusted Balance...................................................................................... $ 1,929,279,000
4,318,400,000 4,499,768,000 Sale of electric energy (1)......................................................................... 4,248,502,000
291,648,000 356,636,000 From Water Revenue Fund for services and materials........................... 473,631,000
880,300,000 1,298,031,000 Proceeds from sale of bonds for construction

expenditures made by Power Revenue Fund..................................... --
90,900,000 51,218,000 Contributions in aid of construction.......................................................... 63,579,000

141,312,000 92,768,000 From individuals, companies and governmental

agencies for services and materials.................................................... 126,876,000
145,300,000 130,501,000 Miscellaneous........................................................................................... 211,539,000
$ 6,774,505,000 $ 7,635,907,000 Total Power Revenue Fund................................................................. $ 7,053,406,000

APPROPRIATIONS
Estimated Estimated
Expenditures Expenditures Appropriation
2020-21 2021-22 2022-23

$ 1,127,251,000 $ 1,141,298,000 Salaries and wages................................................................................... $ 1,217,466,000
271,799,000 278,336,000 Materials, supplies and equipment........................................................... 310,248,000
1,530,100,000 1,629,633,000 Purchased energy and fuel for generation............................................... 1,497,598,000
263,429,000 286,022,000 Contracts - Construction work.................................................................. 338,358,000

37,448,000 54,291,000 Contracts - Operation and maintenance work........................................ 136,391,000
13,241,000 17,593,000 Rentals and leases................................................................................... 26,362,000

51,238,000 45,562,000 Payments to other utilities for proportionate share of
construction, operation and maintenance of

jointly-owned facilities........................................................................... 51,970,000
250,851,000 276,759,000 Outside services and regulatory fees....................................................... 348,784,000

4,284,000 Purchase of land and buildings................................................................ 26,315,000

14,831,000 15,476,000 Property taxes........................................................................................... 17,450,000

15,025,000 14,537,000 Utility services for telecommunications and water................................... 14,702,000
19,592,000 25,606,000 Injuries and damages................................................................................ 20,612,000
5,818,000 6,177,000 Postal services.......................................................................................... 6,078,000

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