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<br /> Electric System <br /> Wholesale electrical service is provided to the City by the Lower Colorado River Authority. In <br /> October 1986, the City sold $16,355,000 Electric Utility Revenue Bonds to purchase, improve, extend and <br /> equip an electric light and power distribution system. The City owns and operates the system. <br /> Operating History <br /> Fiscal Year Ended <br /> 9-30-90 9-30-89 9-30-88 9-30-87 <br /> Revenues $17,848,478 $17,932,566 $14,624,230 $11,149,414 <br /> Expenses 14,914,118 14,906,59~ 12,624,906 9,380,810 <br /> Available for Debt Service $ 2,934,360 $ 3,025,968 $ 1,999,324 $ 1,768,604 <br /> Average Annual Debt Service $ 1,341,884 $ 1,341,852 $ 1,335,646 $ 1,212,545 <br /> Coverage 2.19 2.26 1.50 1.46 <br /> Connections 12,976 <br /> Electric Rates <br /> Residential: $6.50 customer charge plus $0.05404/kwh <br /> Small Commercial: $8.75 customer charge plus $0.05146/kwh <br /> Medium Commercial: $45.00 to $75.00 customer charge plus $8.90 to $9.67 demand charge plus <br /> $0.02849/kwh <br /> Large Commercial: $200.00 to $700.00 customer charge plus $8.50 to $8.60 demand charge plus <br /> $0.02474/kwh to $0.02547/kwh <br /> A-6 <br />