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Show LEGAL TICe! OPERATION REPORT OF THE SPRINGVILLE ELECTRICAL DEPARTMENT FOR THE FISCAL YEAR OF 1964-65 Power service from the Colorado River Storage Projt was initiated July 27, 1964. Electrical revenues were up 6 over the previous twelve month period. Good stream flows : creased hydro electric production 18.6 over the previf year and accounted for 24 of the total power commit: System losses were 11.2, an increase of 4.5 due to grea-transmission grea-transmission losses with C.R.S.P. power. The following is a breakdown of the operation: Power Generated 4,277,910 KW R Power Purchased 13,426,758 KW Total 17,704,668 KW R Power Sold 14,626,538 KW R Power Furnished without charge for city uses 1,095,032 KW R Power Used by Electrical Dept 3,480 KW R Transmission and Conversion Losses 719,558 KW R Distribution Loses 1,260,060 KW R Total 17,704,668 KW R Operating Revenues $346,92: Operating Expenses 148,05: Maintenance Expenses 38,55: Amortization 41,00! Depreciation 18,00: Total Electric Operating Expenses 2 45,601 Total Operating Income 101,321 , Interest on Debt 4,25: Fund Transfers 37,19! Street Lighting Facilities 4,52; Capital Additions : 43,17! Surplus 12,175 j Contributions to City Operation: I Transferred to General Fund $37,15! Additions to Street Lighting 4,52! Value of Power Furnished without charge 26.3?-: Supplies and Labor 1,607 Revenues not appropriated 30.1?' w Total 99,56! It should be noted that the difference between : 530,178.56 item shown as funds not appropriated and ; v 512,178.56 surplus is due to the $18,000.00 depreciation chi that was not funded but was shown in the Accounts Repor: an expenditure. I The amount shown as contributed to the city opera: r is equivalent to 73 of Springville's general taxes for K Published in the Springville Herald January 20, 1966 |