E Folibl6 tublic PMr Prdkl Recop of August Finclnciql Forecost* E - PowerPoint PPT Presentation

Finoncicl I Forecqst Updote October 22,20.l 9 E Foliêbl6 tublic PôMr Prdklã

Recop of August Finclnciql Forecost* E Significqnt U ncertoinly MTM 5oth 5oth 5oth 5oth Description 2020 2022 2019 2021 2O23 Oct t Projected Rate lncrease 2.9% ß2 July 1O1 Days Cash on Hand ro6 124 129 $o.7M $9.9M Net lncome $ro.9M $9.6M $6.7M Oct t Oct r Projected Rate lncrease 2.97" 2.4% August 97 Days Cash on Hand 129 1o^4 95 113 $o.4M $ro.rM Net lncome $tt.zM $rz.8M $ro.tM lower end of plonning torgets *Forecast details located ín the Appendix to this presentation ffi

October Forecost U pdqtes N et Power Cost NPC lncreas e from August to October eors ot 50th ln millions oll ercentile 20t9 2020 2022 Forecq sl 2021 2023 Tolol August Í9o.7 $Bt.s $Bt.ó $80.9 $94.0 $418.7 October $9t.3 $8t.8 $gt.2 $92.7 $83.8 $c2o.g $t.l lncreose ($0.2) $o.ó $0.3 $0.3 Summory of lncreo¡e July/Augusl NPC Actuqls $0.óM Morket Condilions $t.5M Totol $2.t M ,[Ê

October Forecost U pd otes r oo lncorporates 2o2o Preliminary Budget oo Updates to 2o1gi oo Revenues (íncorporates YTD actuals) oo Expenses (incorporates YTD actuals) oo Capital - Estimating $3M cash flow zo19 carryover to 2ozo oo Either costs not incurred, or incurred but not yet paid ooAffects DCOH at end of zorg only oo Does not change overall multi-year forecast oo Uncertaínties remain oo Winter Temperature oo Future water years oo Future unknown capítal needs EETNN -fl.lt.0 ß

October Finoncio I Forecost* Significqnl U ncertointy MTM 5oth 5oth Soth 5oth Descríption 2020 2022 2O19 2021 2O23 Oct t Projected Rate lncrease 2.9% July 1o2 I o6 1o1 Days Cash on Hand 124 129 $o.7M $9.9M $ro.gM $9.6M Net lncome $6.7M Oct t Oct t Proiected Rate lncrease 2.9% 2.4% August Days Cash on Hand 1c.4 129 97 95 113 Net lncome $ro,tM $o.4M $tt.zM $rz.8M $to.rM Oct t Apr t Projected Rate lncrease 2,9% 2.9% October 105 Days Cash on Hand gg 114 125 93 M $ro.zM Net lncome $o.3nn $9.8M $tz.zM $tt.6 Lower end of plonning lorgels ffi I *Forecast details located in the Appendix to this presentation

October Forecqst U pd otes r oo N et Power Costs oo Two scenaríos presented with October update oo 2o2o at 5oth percentile oo gB1.BM oo 2o2o at z5th percentile (amount included in zozo Budget) oo gB4.oM ffi

October Finoncio I Forecost* 2O2O:50th v. 25'h Percentile for Net Power Costs Significont Uncerloinly MTM 5oth 5oth 5oth 5oth DescriptÍon 2020 2022 2021 2O23 2O19 Oct t Apr t Projected Rate lncrease 2.9% 2.9% October Days Cash on Hand 105 114 125 99 93 Net lncome $rt.6M $o.3M $g.gM $'lz.zM $to.zM MTM z5th 5oth 5oth 5oth Descriptíon 2020 2O19 2021 2O23 20^22 Oct t Apr t Projected Rate lncrease 2.9% 4.1% October Days Cash on Hand 105 130 9o 115 93 Net lncome $o.3M $7.6M $r3.3M $r3.rM $n.7M ffi *Forecast details located in the Appendix to this presentation

Sensitivity Ancllysis E n What if some of the variables change? n Staff has created 3 different scenarios tr Net Revenue reductions tr AII years presented at 5oth percentile 2019 2020 Scenqrio 2022 2021 2023 Totol t $0.25M $t.oM $1.0M $1.0M $1.0M $4.25M 2 $0.5M $2.0M $2.0M $2.0M $2.0M $8.5M 3 $0.75¡n $3.oM $3.0M $ I 2.75M $3.0M $3.0M 'ffi

Sens¡t¡vity Anolysis Scenorios* Significqnl Uncerlointy MTM 5oth 5oth 5oth 5oth DescrÍption 2020 2022 2021 2O19 2O23 Oct t Apr t Projected Rate lncrease 2.9% 4.3% Scenario t 113 Days Cash on Hand g6 104 9o ',lZ6 ($q.zSM Total) $rz.3M $1o.9 Net lncome $o.oM $8.8M $rz.5M Oct t Oct t Apr t Projected Rate lncrease 2.9% 2.9% 2.9% Scenario z r6 Days Cash on Hand 103 ($8.sM Total) 94 131 91 Net Income $(o.znn) $8.7M $r3.7M $r3.rM $rr.7M Oct 1 Apr r Apr t Projected Rate lncrease 2.9% 2.9% 2.9% Scenario 3 112 Days Cash on Hand 103 124 ($tz.ZSM Total) 9o 95 Net lncome $tz.rM $ro.7M $(o.sM) $9.7M $tz.7M I ffi *Forecast details located in the Appendix to this presentation

Discussion r I I ü E

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