The URL can be used to link to this page

Home My WebLink About05 Electric Fund 2017 FY2017 Annual Budget ELECTRIC FUND Spinning Spur Turbines 89 FY2017 Annual Budget ELECTRIC FUND Electric Fund Summary ...............................91 Electric Admin &Energy Services ...............94 Electrical Engineering..................................96 Electric System Operations .........................98 Electric Technical Services .......................100 Resource Management............................102 Electric Fund Five Year Projections .........104 NEW POSITIONS FY2017 Fiber Infrastructure Tech..............................1 Utilities Analyst .............................................1 TOTAL NEW POSITIONS FY2017 ..........................2 90 FY2017 Annual Budget ELECTRIC FUND SUMMARY The Electric Fund is used to account for the revenues and expenses of the City’s electric utility.This includes the Electric Department,purchased power costs,debt payments,and capital projects.The fund also transfers a 7%return on investment (ROI)benefit to the General fund,which represents the community’s utility ownership. By 2017,all of the City’s power will be generated by a combination of solar and wind contracts.These contracts make Georgetown one of only a handful of cities in America that provides 100%renewable energy. FISCAL YEAR 2016 are projected to be $65,174,374,2.29%lower than the current budget.The lower than expected revenue is primarily the result of lower than projected sales due to the abnormally cool and wet weather during early summer. are projected to be $68,979,957,1.90%lower than the current budget,due to the recognition of Congestion Revenue Rights (CRRs)of $1.39 million.The CRRs allow the City,as a market participant,to reduce cost uncertainties resulting from transmission congestion charges.CRRs also provide the City with a tradable financial instrument for the hedging of transmission congestion charges.Weather and market conditions can significantly impact overall purchased power costs and therefore monitored closely. is projected to be $6,436,145 as of September 30,2016,which is equal to 9.83%of operating expenditures. FISCAL YEAR 2017 total $70,531,316.Revenues are projected to increase by 8.22%when compared to the FY2016 projection.Operating revenue is expected to grow by $3.1M,or about 4.88%due to customer growth.The rest of the increase is due to a variance in bonds issued for Capital Improvement Projects (CIP).The chart to the right gives a breakdown of the fund’s revenues by source. total $67,331,369 and are expected to decrease by 2.39%when compared to the FY2016 projection.The decrease in expenses results from variances in CIP expenses in 2017.For a second year, $60,000 has been budgeted to sponsor the holiday lighting of the Downtown Square. totals $9,696,092 and meets fiscal policy reserve and contingency requirements in FY2017. include two new staff positions to address system growth and operational needs, including a new Utilities Analyst to provide additional support for power supply planning and a Fiber Infrastructure Tech to support the City’s growing Fiber Network that connects its facilities.Additional enhancements include upgraded radio equipment, communications systems,and a hydro excavator.Total enhancements cost $613,288. 97% 3% Operating Revenue Electric Revenue Other Revenue and Inter. 0%2% 25% 8% 8% 57% Operating Expenses AMIImplem. CRR Credits Geor.Util.Syst. Operating Cap. Impr. All Transf.Outs Purchased Power 91 FY2017 Annual Budget ELECTRIC FUND INCOME STATEMENT FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Beginning Fund Balance 10,584,758 13,415,841 10,241,728 6,436,145 6,436,145 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Operating Revenue Electric Revenue 60,870,101 63,400,000 61,863,276 65,018,216 65,018,216 Other Revenue 2,327,688 1,782,350 1,793,500 1,745,000 1,745,000 Interest 19,270 17,425 17,598 18,100 18,100 Interfund Transfers/Shared Svcs 2,287,936 Total Operating Revenue 65,504,995 65,199,775 63,674,374 66,781,316 66,781,316 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Operating Expenditures CIS Implementation 30,936 134,000 133,705 134,000 134,000 CRR Credits (1,712,047)(1,392,875)(1,500,000)(1,500,000) Georgetown Utility Systems 15,519,736 20,002,180 19,127,091 16,453,665 238,788 16,692,453 Operating Capital Improvements 5,797,498 6,859,000 6,808,000 4,857,000 303,000 5,160,000 Purchased Power 40,538,526 34,000,000 35,000,000 38,000,000 38,000,000 Transfer Out GCP 225,000 225,000 Transfer Out General Fund 4,760,899 4,945,813 4,926,876 5,234,145 5,234,145 Other Transfers Out 69,108 353,008 353,008 60,000 60,000 Transfer Out Compensation Transfer Out ISF 188,874 311,845 311,845 71,500 71,500 Total Operating Expenditures 65,193,529 66,830,846 65,492,650 63,238,810 613,288 63,852,098 FY2015 Actual FY2016 Budget FY2016 Projection FY2017 Base FY2017 Changes FY2017 Budget Available Operating Fund Balanc 10,896,224 11,784,770 8,423,452 9,978,651 (613,288)9,365,363 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Non Operating Revenue Bond Proceeds 2,447,844 1,500,000 1,500,000 3,750,000 3,750,000 Total Non Operating Revenue 2,447,844 1,500,000 1,500,000 3,750,000 3,750,000 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Non Operating Expenditures Debt Issuance Costs 24,198 16,800 16,800 16,800 16,800 Debt Payments 3,539,553 3,470,507 3,470,507 3,462,471 3,462,471 Total Non Operating Expenditu r 3,563,751 3,487,307 3,487,307 3,479,271 3,479,271 FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base FY2017 Changes FY2017 Budget Ending Fund Balance 9,780,317 9,797,463 6,436,145 10,249,380 (613,288)9,636,092 CAFR Adjustment 461,411 Rate Stabilization/Credit Reserve 5,000,000 4,500,000 4,500,000 Contingency 6,215,000 4,775,000 4,775,000 5,000,000 5,000,000 Available Fund Balance 4,026,728 22,463 1,661,145 749,380 (613,288)136,092 92 FY2017 Annual Budget GEORGETOWN GOES GREEN The City of Georgetown’s electric utility has become one of the first municipally owned electric utilities in the country to provide 100%green energy to its customers. To learn more about the city’s green energy efforts,please take a few moments to watch these videos. Georgetown moves toward 100%renewable energy http://www.kvue.com/news/local/georgetown moves toward 100renewable energy/355750931 Wind Plant Powering Georgetown https://www.youtube.com/watch?v=DjCLCGyyjjc 93 FY2017 Annual Budget ELECTRIC ADMINISTRATION & ENERGY SERVICES MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Ensure appropriate Energy Reliability Council of Texas (ERCOT)and Public Utility Commission of Texas (PUCT)standards for electric service are met Operate and maintain the Electric Distribution System in a cost efficient and safe manner to deliver proper return on investments while offering the lowest possible rates to the community. Provide competitive service delivery and rates for customers located within areas serviced by other distribution providers. Implement initiatives to meet regulatory and customer demands while improving reliability and quality of service. Improve Lineman training and safety program to maintain technical expertise and high safety standards. Complete and implement the GUS Emergency Response Center project Continue to refine/improve the crew scheduling process to gain further efficiencies Develop and implement a process to schedule service order work within perscribed time frames based on customer needs Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) ELECTRIC FUND ELECTRIC ADMINISTRATION &ENERGY SERVICES 35.5 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Complied with Energy Reliability Council of Texas (ERCOT)and Public Utility Commission of Texas (PUCT)standards for Electric service Provided reliable Electric service to 23,000 Georgetown customers encompassing a total population of 57,500 by operating and maintaining the Electric Distribution System in a cost efficient and safe manner Received safety award from APPA due to 75,000 hours worked without incident Participated in industry conferences (APPA,TPPA,TEPC,TLRA) Received the RP3 Platinum award from American Public Power Association for operational and management excellence Added/filled new positions:Electric Operations Supervisor,Electric Crew Lead,2 Lineman positions and an Electric Scheduler/Planner Moved appropriate Electric personal into the Westside Service Center to improve response times Developed/refined our scheduling process to gain efficiencies Refined performance metrics to better reflect Department operations Substation Department continued its outstanding performance around both proactive and reactive maintenance Increased the qualification level and/or advanced 7 Linemen in the Occupational Training Program DEPARTMENT DESCRIPTION The Electric Administration &Energy Services Departments operate, maintain,and construct an energy delivery system comprised of overhead and underground feeders and their branch circuits for over 23,000 electric customers.These Departments manage all major assets related to the distribution of electric services.The Public Utility Commission of Texas (PUCT),Energy Reliability Council of Texas (ERCT), and North American Electric Reliability Corporation (NERC) regulate these services. Notable Budget Item(s) Capital Meter Budget Increase $75,000 Hydroexcavator $46,500 94 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES Energy Services strives to operate at a high level that is both safety oriented and efficient.Key performance indicators (KPIs)are tracked in order to ensure quality service is provided to the citizens of the City of Georgetown.Safety is measured through training and number of incidents with a standard of 95%safety meeting attendance.Energy Services safety KPI currently measures 98%with zero incidents recorded as of July FY2016.The image below is a graphical representation of safety oriented performance measures tracked monthly by the Energy Services Department. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0522Electric Adminstration Personnel 166,380 283,888 259,484 260,698 260,698 Operations 8,281,523 7,805,418 7,401,813 7,047,155 4,500 7,051,655 Capital 0522 Electric Adminstration Sub total 8,447,903 8,089,306 7,661,297 7,307,853 4,500 7,312,353 0525T&D Operations Personnel 2,407,881 2,756,962 2,532,991 3,156,237 3,156,237 Operations 1,153,017 1,201,684 1,201,684 1,320,144 1,320,144 Capital 43,000 67,327 75,000 75,000 0525 T&D Operations Sub total 3,560,899 4,001,646 3,802,002 4,476,381 75,000 4,551,381 Total Departmental Budget 12,008,802 12,090,952 11,463,299 11,784,234 79,500 11,863,734 95 FY2017 Annual Budget ELECTRICAL ENGINEERING MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Integrate engineering design software with EAM and Milsoft Explore ways to further enhance design methods for lower costs to the City and Utility customers Devise standards for the maintenance of the electric assets tracked by EAM Provide for public use Continue revising the Develop procedures to utilize INFOR EAM for CIP estimating and tracking Establish written procedures and record keeping for department operatingconsistancy Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) ELECTRIC FUND ELECTRIC ENGINEERING 7 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Updated the Utility Master Plans for the Electric Distribution,Substation Systems,and City Fiber Network Continued the integration of the engineering design software with the material management side of EAM Enhanced design methods to lower City and Utility customers costs Improved the maintenance procedures for unit tables and material information in the engineering design software Refined standardized material listings for the warehouse DEPARTMENT DESCRIPTION The Electric Engineering Department is responsible for overall project coordination,design,and construction of projects for the City’s Electric Distribution and Substation Systems,as well as the Fiber Network.The Department is also responsible for inter departmental coordination of seamless customer service,management,and forecasting of the five year CIP budget,and system master planning and performance. 96 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES Capital Improvement Projects (CIP)and the maintenance of the City’s Fiber Network are top priorities for the Electrical Engineering Department. Over the past five years,the Department has completed millions of dollars in improvements within the Transmital and Fiber Networks to keep pace with the growth the City is experiencing.In the coming year,the Electrical Engineering Department will be working closely with the Finance Department to develop quality performance metrics focused on timely project completion,fiscal transparency,and cost effectiveness of these activities. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0557 Electrical Engineering Personnel 617,377 733,951 628,513 736,740 736,740 O&M 82,036 108,802 108,802 171,527 171,527 Capital 19,930 Total Departmental Budget 719,343 842,753 737,315 908,267 908,267 97 FY2017 Annual Budget ELECTRIC SYSTEM OPERATIONS MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Provide outstanding Electric and Water reliability to all Georgetown customers Continue to maintain zero swiching errors Improve communication to both Electric and Water customers Implement the progression/training process for operators that was developed in late 2016 Add a second Control Center Supervisor Partner with the Water Department to improve swiching/valve operations in the field Evaluate the Mark and Locate Departments volume of work Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) ELECTRIC FUND ELECTRIC SYSTEM OPERATIONS 13 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Provided operational control to the Electric,Water,Wastewater,and Irrigation Systems serving over 35,550 customers encompassing a total population of 88,875 Developed a progression/training process for the operators in the Control Center Increased communication to both Electric and Water customers regarding outage information Improved Internal communication Maintained zero switching errors Expanded operator and supervisory shift coverage to enhance system operations. Responded to a record number of locate requests DEPARTMENT DESCRIPTION System Operations is the Control Center for the Georgetown Utility Systems (GUS).Using SCADA and specialized programs,this Department monitors and operates the Utility systems on a 24/7 basis. The Department receives all work requests and either dispatches on call field staff in Electric or Water Operations or passes lower priority work to operations planner/schedulers.After normal business hours,this Department takes on the role of Customer Care to resolve equipment issues reported by customers.In addition, this Department conducts all infrastructure locates required as part of the One call system. 98 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES The provision of reliable,safe electrical service to customers while maintaining the electric system in a cost efficient and reliable manner is a top priority for the Department.Performance measures relating to availaiblity,capacity,and reliability have been developed to ensure our citizens are receiving the highest quality service.Specfic measures include the Average Service Availability Index (ASAI),the System Average Interruption Frequency Index (SAIFI),and the Customer Average Interruption Duration Index (CAIDI).ASAI is a measure that calculates the ratio of total customer minutes that service was available to the total customer minutes demanded in a time period.SAIFI is defined as the average interruption duration for customers served during a specific time period.This index enables the utility to report how many minutes customers would have been out of service if all customers were out at one time.CAIDI is a measure of the average length of an interruption,weighted by the number of customers affected, for customers interrupted during a specific time period.The index enables the utility to report the average duration of a customer outage for those customers affected.The image below is a graphical representation of the performance metrics monitored by the Electric System Operations Department.Georgetown is exceeding the goals for Availability,Interuption,and Duration. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0555 Systems Operations Personnel 754,835 1,093,127 891,658 1,138,367 1,138,367 O&M 30,163 61,585 61,585 111,666 111,666 Capital Total Departmental Budget 784,998 1,154,712 953,243 1,250,033 1,250,033 99 FY2017 Annual Budget ELECTRIC TECHNICAL SERVICES MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Support utility operations through safe and efficient operation and maintenance of the utility’s SCADA,fiber,and metering systems Update,configure,and support utility information systems to support efficient and safe operation and maintenance of utility systems Increase the use of Infor EAM to include metering system assets Expand the metering system into the western district to enhance meter data for use by Customer Care Increase staffing to support fiber network operations and maintenance Develop training and progression program for meter technicians Establish and implement Key Performance Indicators (KPIs)for the department Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) ELECTRIC FUND ELECTRIC TECHNICAL SERVICES 16 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Supported utility operations through safe and efficient operation and maintenance of the utility’s SCADA,fiber,and metering systems Updated,configured,and supported utility information systems to support efficient and safe operation and maintenance of utility systems Expanded the use of Infor Enterprise Asset Management (EAM)to include SCADA and electric system assets Increased the use of Infor EAM to include western district assets Complete inventory of western district water meters for development of metering system upgrade project Developed training and progression program for SCADA/I&C technicians DEPARTMENT DESCRIPTION Electric Technical Services is responsible for efficiently managing the utility’s technical systems that support water,wastewater,and electric operations and engineering. Includes maintenance and management of asset management, and maintains specialized operating systems and hardware that comprise the utility SCADA,metering,and fiber systems. Notable Budget Item(s) Upgrade Existing Radio Communications $120,000 Fiber Infrastructure Tech (1 FTE) 100 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES The number of is a measure of the amount of required data maintained for purposes of adequately supporting the key functions of the utility and transportation divisions.As the number of GIS layers grows so does the time required to maintain them. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0521SCADA Personnel 371,750 371,750 Operations 165,160 165,160 Capital 25,000 25,000 0521SCADA Sub total 561,910 561,910 0524Technical Services Personnel 825,636 1,014,334 1,022,210 813,433 41,912 855,345 Operations 173,458 277,832 284,795 748,923 10,125 759,048 Capital 2,558 108,000 100,000 51,000 300,000 351,000 0524Technical Services Sub total 1,001,652 1,400,166 1,407,005 1,613,356 352,037 1,965,393 Total Departmental Budget 1,001,652 1,400,166 1,407,005 2,175,266 352,037 2,527,303 101 FY2017 Annual Budget RESOURCE MANAGEMENT MAJOR DEPARTMENT GOALS &STRATEGIES FOR FY2017 Develop utility financial and operations reports Evaluate impacts of distributed generation and storage and provide information to City Council Update and formalize long term energy and water integrated resource plans and develop a communications plan Continue to support 100%renewable electricity by 2018 Finalize solar radiation map(s) Notable Budget Item(s) Wastewater Plant O&M (8.5 FTE’s) ELECTRIC FUND RESOURCE MANAGEMENT 3 FTES MAJOR DEPARTMENT ACCOMPLISHMENTS FOR FY2016 Constructed and began commercial operation of the Spinning Spur 3 wind farm Developed and implemented transmission congestion hedging strategy Completed assignment of JPM energy contracts to Mercuria Finalized comprehensive research,analysis,and market assessment of energy storage and developed grid storage strategies Negotiated and began Alevo Grid Storage Project Issued RFP and negotiated contract for Westside Service Center Solar Began a Rooftop Solar Radiation Potential Project under an American Public Power Association (APPA)Demonstration of Energy and Efficiency Developments (DEED)grant funded Internship Developed an electric demand response (DR)program and services Closed first DR customer contract with Southwestern University Executed a Letter of Intent with Sustainable Holdings for purchase of wholesale distributed renewable energy from a green development DEPARTMENT DESCRIPTION Resource Management is responsible for resource planning, procurement,hedging,and settlements for the Electric and Water Utilities.The Department engages in retail electric load and water demand forecasting and commodity market tracking. Additionally,the Department manages the wholesale power and raw water contracts,purchases, hedges,and settlements. Resource Management also provides support and information to City Council to set utility rates and impact fees. Notable Budget Item(s) Utilities Analyst 102 FY2017 Annual Budget DEPARTMENTAL BUDGET DEPARTMENTAL PERFORMANCE MEASURES The Resource Planning Department has developed performance metrics to track the price of purchased power,as well as monitor financial hedges to guard against the volatility and risk in the electric market.Due to the confidential nature of this information,these performance metrics are not presented to the public. However,this information is analyzed consistently to ensure the City of Georgetown is providing reliable energy in a cost effective manner.This analysis and review ultimately led the City to sign purchased power contracts in effort to achieve 100%renewable energy beginning in 2018. AWARDS/ACCREDITATIONS Project of the year award from Texas Renewable Energy Industries Alliance in recognition of the City’s ability to match renewable production against customer load while hedging variability and congestion,and keeping competitive wholesale costs. Public Service Innovation Team Award from the CenTex Chapter of the American Society of Public Administration in recognition of the City’s contracts to move to 100%renewable energy in 2017. FY2015 Actual FY2016 Budget FY2016 Projected FY2017 Base Budget FY2017 Changes FY2017 Budget 0537 Resource Management Personnel 250,152 248,487 254,353 260,110 105,251 365,361 O&M 38,963,862 34,066,110 33,669,000 36,651,755 5,000 36,656,755 Capital Total Departmental Budget 39,214,014 34,314,597 33,923,353 36,911,865 110,251 37,022,116 103 FY2017 Annual Budget ELECTRIC FUND FIVE-YEAR PROJECTIONS Fiveyear Electric Fund Assumptions: CIP projects of $5,000,000 annually paid for by bond proceeds Purchased Power cost increasing with the growth of the community Stability in the CRR market ROI transfers to the General Fund mirror overall growth in electric revenue Debt issuance and debt service levels over five years FY2017 Budget FY2018 Projected Budget FY2019 Projected Budget FY2020 Projected Budget FY2021 Projected Budget Beginning Fund Balance 6,436,145 9,636,092 12,629,644 15,113,657 17,244,088 FY2017 Budget FY2018 Projected Budget FY2019 Projected Budget FY2020 Projected Budget FY2021 Projected Budget Operating Revenue Electric Revenue 65,018,216 67,685,364 69,377,498 71,111,935 74,711,977 Interest 18,100 18,100 18,100 18,100 18,100 Other Revenue 1,745,000 1,779,900 1,815,498 1,851,808 1,888,844 Total Operating Revenue 66,781,316 69,483,364 71,211,096 72,981,843 76,618,921 FY2017 Budget FY2018 Projected Budget FY2019 Projected Budget FY2020 Projected Budget FY2021 Projected Budget Operating Expenditures Purchased Power 38,000,000 39,000,000 40,000,000 41,000,000 42,000,000 Georgetown Utility Systems 16,692,453 18,042,958 19,077,191 20,178,985 21,353,621 Transfer OutROI 5,234,145 6,430,110 6,590,862 6,755,634 6,924,525 Operating Capital Improvemen 5,160,000 5,000,000 5,000,000 5,000,000 5,000,000 CIS Implementation 134,000 140,700 147,735 155,122 162,878 Other Transfers Out 131,500 71,500 71,500 71,500 71,500 CRR Credits (1,500,000)(1,500,000)(1,500,000)(1,500,000)(1,500,000) Total Operating Expenditures 63,852,098 67,185,268 69,387,288 71,661,241 74,012,524 FY2017 Budget FY2018 Projected Budget FY2019 Projected Budget FY2020 Projected Budget FY2021 Projected Budget Available Operating Fund Bala 9,365,363 11,934,188 14,453,452 16,434,259 19,850,485 FY2017 Actual FY2018 Projected Budget FY2019Projected Budget FY2020 Projected Budget FY2021 Projected Budget Non Operating Revenue 3,750,000 5,000,000 5,000,000 5,000,000 5,000,000 Total Non Operating Revenue 3,750,000 5,000,000 5,000,000 5,000,000 5,000,000 FY2017 Budget FY2018 Projected Budget FY2019 Projected Budget FY2020 Projected Budget FY2021 Projected Budget Non Operating Expenditures Debt Issuance Costs 16,800 20,000 20,000 20,000 20,000 Debt Payments 3,462,471 4,284,544 4,319,795 4,170,171 4,192,120 Total Non Operating Expendit 3,479,271 4,304,544 4,339,795 4,190,171 4,212,120 FY2017 Budget FY2018 Projected Budget FY2019 Projected Budget FY2020 Projected Budget FY2021 Projected Budget Ending Fund Balance 9,636,092 12,629,644 15,113,657 17,244,088 20,638,365 Contingency 5,000,000 5,200,000 5,400,000 5,600,000 5,800,000 Rate Stabilization 4,5 00,000 4,500,000 4,500,000 4,500,000 4,500,000 Available Fund Balance 136,092 2,929,644 5,213,657 7,144,088 10,338,365 104