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<br />l~t~kO : 0701 <br />File: SMEUBUD <br />Disk: UCIO155 <br />Date: 12-Dec-86 <br />Time: 04:44:32 PM <br /> <br />SAN MARCOS ELECTRIC UTILITY BUDGET <br />FOOTNOTES FOR PROPOSED CITY BUDGET <br /> <br />Schedule CITY-l <br />Footnotes <br /> <br />-------------------------------------- <br /> <br />Fiscal Year ending September 30, 1987 <br /> <br />------------------------------- <br /> <br />(1) Based upon current LCRA wholesale rates and the ratchet provision applied per <br />the LDRA interpretation set forth in J W Lawson leter to A C Gonzalez dated November 12, 1986. <br /> <br />(2) Based upon estimated costs to City for customer surveys, appliance saturation survey, <br />and advertising associated with the implementation of the load management and conservation <br />program. <br /> <br />(3) Includes increase in budgeted salary for DP Manager and new accounting position <br />required for SiiEU perations. <br /> <br />(4) Lease costs for communications between City's computer facilities and the SMEU office. <br /> <br />(5) Allocation of City labor costs to SMEU operations. <br />(6) From debt service schedule set forth in Official Statement. <br /> <br />(7) Accrual for purchase of substations from LCRA at expiration of Operating Agreement. <br /> <br />(8) Street and Alley use fee payment to City based upon 4% of gross revenues from electric sales. <br />Actual payments to City will be predicated on actual sales revenues. <br />