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HomeMy WebLinkAbout2021-05-21 BPMC Agenda and docs BRADLEY LAKE PROJECT MANAGEMENT COMMITTEE REGULAR MEETING AGENDA- AMENDED Friday, May 21, 2021 Immediately Following the 9:00 AM IMC Meeting To participate dial 1-888-585-9008 and use code 212-753-619# 1. CALL TO ORDER 2. ROLL CALL (for Committee members) 3. PUBLIC ROLL CALL (for all others present) 4. AGENDA APPROVAL 5. PUBLIC COMMENTS 6. APPROVAL OF MEETING MINUTES – March 26, 2021 7. NEW BUSINESS A. GVEA Call Back Notice B. FY 21 Budget Amendment 5 8. OLD BUSINESS A. FY 22 Budget B. By-Law Work Gibson 9. OPERATORS REPORT HEA 10. O&D REPORT CEA 11. COMMITTEE REPORTS – Budget to Actual Budget Subcommittee 12. EXECUTIVE SESSION – Discuss potential Required Work which the immediate knowledge of which would clearly have an adverse effect upon the finances of the Authority or the Project. And to discuss matters with Committee Counsel the immediate knowledge of which could have an adverse effect on the legal position of the Committee. 13. COMMITTEE ASSIGNMENTS 14. MEMBERS COMMENTS 15. NEXT MEETING DATE – June 25, 2021 16. ADJOURNMENT ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT 2021 PROPOSED BUDGET - AMEND 5 DATE: May 21, 2021 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Budget Summary Schedule A FY2020 FY2021 FY2021 FY2021 Inc(Dec) From FY2016 FY2017 FY2018 FY2019 FY2020 Approved Amend 4 Proposed Amend 5 FY20 Approved Bradley Lake (excluding Battle Creek shown below)Actuals Actuals Actuals Actuals Actuals Budget Budget Changes Budget Budget Revenues, Expenses & Changes in surplus Revenues Utility Contributions (sch C)17,828,513 17,172,295 18,373,909 18,132,905 18,507,495 19,584,485 16,203,421 200,000 16,403,421 (3,181,064) Interest Income 1,930,547 1,991,555 2,064,454 1,946,023 1,887,786 1,810,000 1,799,000 0 1,799,000 (11,000) Other Miscellaneous-R&C Fund Cash Call 0 0 17,251 2,501 0 750,000 0 750,000 750,000 Other Available Funds 1,325,513 0 1,325,513 1,325,513 19,759,060 19,163,850 20,455,614 20,081,429 20,395,281 21,394,485 20,077,934 200,000 20,277,934 (1,116,552) Expenses Operations & Maintenance (sch B)4,273,634 4,011,783 3,985,722 4,019,975 4,773,126 5,351,042 5,798,702 0 5,798,702 447,660 Renewals/Replacements (R&C Fund Repayments) (sch D)2,692,710 2,476,905 2,579,100 2,774,832 2,278,302 2,121,400 984,753 200,000 1,184,753 (936,647) Renewals/Replacements (R&C Fund Cash Call) (sch D)750,000 0 750,000 750,000 Non R&C Capital Purchases (sch A-1)26,444 89 954,060 37,738 283,425 685,000 652,000 0 652,000 (33,000) Transfer To(From) Operating Reserve (9,747)(85,531)(112,145)38,816 112,715 112,715 84,752 0 84,752 (27,963) Debt Service (net of Capital Reserve Reductions)12,494,600 12,426,200 12,778,100 12,778,588 12,778,775 12,778,775 11,453,263 0 11,453,263 (1,325,513) Arbitrage Transfer 281,419 334,404 270,777 431,480 168,938 345,553 354,464 0 354,464 8,911 19,759,060 19,163,850 20,455,614 20,081,429 20,395,281 21,394,485 20,077,934 200,000 20,277,934 (1,116,552) Surplus (Deficit)0 0 0 0 0 0 Other Project Costs - Battle Creek Revenues, Expenses & Changes in surplus Revenues - Battle Creek Utility Contributions (sch G)0 800,000 333,860 0 0 0 0 0 0 Utility Contributions (sch G)0 0 497,636 1,319,734 1,967,642 2,562,036 6,013,048 0 6,013,048 3,451,012 Utility Contributions R&C Fund Cash Call 0 0 0 0 Capital Reserve Contributions 0 0 2,796,378 0 0 0 0 0 0 Other Available Funds 0 0 0 0 0 0 0 0 0 Interest Income 0 0 14,758 67,492 47,620 0 0 0 0 0 0 800,000 3,642,632 1,387,226 2,015,262 2,562,036 6,013,048 0 6,013,048 3,451,012 Expenses - Battle Creek Battle Creek Administrative costs (sch F)0 0 137,456 527,723 580,606 395,424 547,714 0 547,714 152,290 Renewals/Replacements (R&C Fund Repayments) (sch D)1,104,000 0 1,104,000 1,104,000 Renewals/Replacements (R&C Fund Cash Call) (sch D)0 0 0 0 Capital Purchases (sch E)0 800,000 333,860 0 0 0 0 0 0 0 Capital Purchases - Revenue Fund (sch E)0 0 16,500 149,941 822,327 425,000 320,000 0 320,000 (105,000) Transfer To(From) Operating Reserve 0 0 8,760 82,038 (11,713)(11,712)30,926 0 30,926 42,638 Debt Service 0 0 895,824 1,748,534 1,753,324 1,753,324 3,518,317 0 3,518,317 1,764,993 IRS Subsidy 0 0 (571,876)(1,121,010)(1,129,282)0 0 0 0 0 Cost of Issuance 9th Series 0 0 25,730 0 0 0 0 0 0 Capital Reserve Contribution 0 0 2,796,378 0 0 492,091 0 492,091 492,091 0 800,000 3,642,632 1,387,226 2,015,262 2,562,036 6,013,048 0 6,013,048 3,451,012 Surplus (Deficit)0 0 0 0 0 0 0 0 0 0 Other Information Operating Reserve *1,116,353 1,030,822 918,677 957,494 1,070,208 1,070,208 1,159,740 1,159,740 Operating Reserve - Battle Creek*8,760 90,798 79,085 79,085 109,543 109,543 Monthly Contributions 1,654,119 1,628,614 1,651,614 1,511,075 1,632,040 1,632,040 1,350,285 1,366,952 Monthly Contributions Battle Creek 52,780 109,978 242,670 213,503 501,087 501,087 *Required to be 20% of budgeted operating expense 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch A Page 2 of 18 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Capital Purchases Not Funded by R&C Fund Schedule A-1 FY17 FY18 FY19 FY20 FY20 FY21 FY21 FY21 Approved Amend 4 Proposed Amend 5 Actuals Actuals Actuals Actuals Budget Budget Changes Budget Comments for FY21: Replace/Automate Fish Water Valves & Actuators 89 361,430 17,142 2,931 - 40,000 - 40,000 Actuator has failed Equipment storage shed (unheated bus barn) - 67,539 - - - - - 1 ton Flatbed with Plow - 57,016 - - - - - Battle Creek Bridge Repair Refurbishment (2) - - - - 220,000 - - - Mobil Crane 40 to 50 tons (used) - 88,875 - - - - - Replace Michigan Loader - 263,306 - - - - - Upgrade Crews Quarters\Residence Kitchen - 1,850 - - - - - Replace 1988 Suburban Ambulance - 59,430 5,350 - - - - 1/2 ton Pick up truck - 34,693 - - - - - Replace High Bay Lighting in Power Plant 19,920 - - - - - Turbine Nozzle Repair - - - - - - - Tire machine - - 15,246 - - - - Replace dump truck and sander - - - - 170,000 170,000 - 170,000 Budgeted in FY20, delayed due to COVID-19 Pick up truck - - - 41,484 45,000 - - - UPS Replacement - - - 65,696 75,000 37,000 - 37,000 Need 2nd Battery Charger Rough terrain fork lift (with plow for snow) - - - 131,594 130,000 - - - IRIS Air gap monitoring system (computer) - - - 41,720 45,000 45,000 - 45,000 New generator analysis computer KVM switch for Emerson - - - - 3,000 - 3,000 Emerson upgrade causes need for new switch Spare Trash Pump - - - - 20,000 - 20,000 Leaking needles cause the trash pump to run all the time - need spare Housing Preliminary Design 10,000 - 10,000 New housing site evaluation and preliminary design Heavy Duty trailer for equipment - - - - - - - Need trailer to haul excavator and bulldozer up mountain Emerson Cybersecurity Update 137,000 - 137,000 Emerson Cybersecurity Update SQ Line Access Documentation 150,000 - 150,000 Update line access documentation, line documentation, and base maps SQ Line Acquisition Costs 40,000 - 40,000 AEA time and legal costs for SQ Line acquisiton Total Non R&C Capital Purchases 89 954,060 37,738 283,425 685,000 652,000 - 652,000 Capital Project Description 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch A-1 Page 3 of 18 ALASKA ENERGY AUTHORITY HEA 2,891,705 HEA 3,231,918 HEA 3,905,222 HEA 4,198,837 BRADLEY LAKE HYDROELECTRIC PROJECT CEA 183,499 CEA 183,491 CEA 109,547 CEA 101,785 Bradley Lake Operations and Maintenance Budget AEA 1,705,585 AEA 1,458,178 AEA 1,418,731 AEA 1,681,784 Schedule B FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY Summary by cost type Labor & Benefits 1,889,814 1,578,236 311,578 1,572,497 1,307,514 264,983 1,219,935 1,011,432 208,503 1,445,788 - 1,445,788 225,853 Indirect Costs - - - 583,803 579,115 4,688 1,383,388 1,251,242 132,146 1,330,587 - 1,330,587 (52,801) Travel 76,950 16,114 60,836 33,950 28,380 5,570 45,950 10,512 35,438 44,950 - 44,950 (1,000) Training 49,300 14,046 35,254 49,300 20,957 28,343 49,300 14,875 34,425 49,300 - 49,300 - Contractual 841,062 659,773 181,289 1,033,216 633,895 399,321 869,842 660,819 209,023 1,013,340 - 1,013,340 143,498 Supplies & Materials 183,345 152,799 30,546 204,345 156,340 48,005 346,345 262,370 83,975 396,845 - 396,845 50,500 Other Costs 387,818 276,371 111,447 69,818 31,293 38,525 67,818 65,648 2,170 70,818 - 70,818 3,000 Equipment, Furniture and Machinery 7,000 25,562 (18,562) 7,000 6,879 121 176,000 127,535 48,465 170,000 - 170,000 (6,000) Maintenance Projects - 3,381 (3,381) - 44,926 (44,926) - 313 (313) - - - - Administrative Costs 1,158,098 1,259,440 (101,342) 1,233,537 1,210,676 22,861 1,192,464 1,373,624 (181,160) 1,458,319 - 1,458,319 265,855 Battle Creek O&M - - - - - - - - - (181,245) - (181,245) (181,245) 4,593,387 3,985,722 607,665 4,787,467 4,019,975 767,492 5,351,042 4,778,370 572,672 5,798,702 - 5,798,702 447,660 Bradley Lake O&M 4% charge to Battle Creek Battle Creek O&M - - - - - - - - - (181,245) - (181,245) (181,245) Bradley Lake O&M 4% charge to Battle Creek FERC 535 - Operation Supervision & Engineering Operations Sup/Eng Bradley Lake Operating Labor & Benefits 265,587 262,431 3,156 189,074 182,059 7,015 107,453 89,713 17,740 107,453 - 107,453 - Indirect Costs - - - 77,849 74,535 3,314 155,698 128,545 27,153 155,698 - 155,698 - Travel 10,450 2,271 8,179 10,450 13,462 (3,012) 10,450 246 10,204 10,450 - 10,450 - Training 9,300 3,452 5,848 9,300 4,305 4,995 9,300 991 8,309 9,300 - 9,300 - Contractual 1,000 121 879 1,000 257 743 1,000 173 827 11,000 - 11,000 10,000 Supplies & Materials 4,000 3,210 790 4,000 2,688 1,312 4,000 3,698 302 4,000 - 4,000 - Bradley Lake Operating Total 290,337 271,485 18,852 291,673 277,306 14,367 287,901 223,366 64,536 297,901 - 297,901 10,000 FERC 535 - Operation Supervision & Engineering Total 290,337 271,485 18,852 291,673 277,306 14,367 287,901 223,366 64,536 297,901 - 297,901 HEA 10,000 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 4 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 537 - Hydraulic Expenses Hydraulic Expenses Bradley Lake Operating Labor & Benefits 94,453 69,032 25,421 88,714 71,767 16,947 84,081 67,694 16,387 84,192 - 84,192 111 Indirect Costs - - - 41,515 42,543 (1,028) 107,519 98,886 8,633 114,320 - 114,320 6,801 Travel - - - - - - 10,000 - 10,000 10,000 - 10,000 - Contractual 2,000 - 2,000 2,000 11,524 (9,524) 22,000 - 22,000 22,000 - 22,000 - Supplies & Materials 2,000 976 1,024 2,000 2,636 (636) 19,000 9,806 9,194 59,000 - 59,000 40,000 Equipment, Furniture and Machinery - - - - - - 81,000 13,368 67,632 32,000 - 32,000 (49,000) Bradley Lake Operating Total 98,453 70,008 28,445 134,230 128,470 5,760 323,600 189,754 133,846 321,512 - 321,512 (2,088) FERC 537 - Hydraulic Expenses Total 98,453 70,008 28,445 134,230 128,470 5,760 323,600 189,754 133,846 321,512 - 321,512 HEA (2,088) FERC 538 - Electric Expenses Electric Expenses Bradley Lake Operating Labor & Benefits 232,294 202,969 29,325 224,811 209,646 15,165 208,745 210,745 (2,000) 218,044 - 218,044 9,299 Indirect Costs - - - 102,222 110,544 (8,322) 242,067 257,551 (15,484) 262,004 - 262,004 19,937 Travel 7,000 6,877 123 7,000 4,890 2,110 7,000 3,140 3,860 7,000 - 7,000 - Training 25,000 231 24,769 25,000 12,406 12,594 25,000 13,884 11,116 25,000 - 25,000 - Contractual 2,000 1,400 600 2,000 - 2,000 7,000 2,587 4,413 2,000 - 2,000 (5,000) Supplies & Materials 9,732 5,513 4,219 9,732 4,503 5,229 50,732 14,111 36,621 41,732 - 41,732 (9,000) Equipment, Furniture and Machinery - - - - - - 63,000 91,512 (28,512) 73,000 - 73,000 10,000 Other Costs - 5,000 - 5,000 5,000 Bradley Lake Operating Total 276,026 216,990 59,036 370,765 341,989 28,776 603,544 593,530 10,014 633,780 - 633,780 30,236 FERC 538 - Electric Expenses Total 276,026 216,990 59,036 370,765 341,989 28,776 603,544 593,530 10,014 633,780 - 633,780 HEA 30,236 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 5 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 539 - Misc. Hydraulic Power Generation Expenses Misc Hydro Power Exp Bradley Lake Operating Labor & Benefits 179,530 172,689 6,841 168,044 116,910 51,134 104,936 70,195 34,741 105,047 - 105,047 111 Indirect Costs - - - 41,515 42,396 (881) 107,519 98,544 8,975 114,320 - 114,320 6,801 Training 15,000 10,363 4,637 15,000 4,245 10,755 15,000 - 15,000 15,000 - 15,000 - Contractual 287,525 212,841 74,684 287,525 147,555 139,970 287,525 185,822 101,703 287,525 - 287,525 - Supplies & Materials 17,900 18,271 (371) 17,900 31,565 (13,665) 17,900 31,569 (13,669) 17,900 - 17,900 - Bradley Lake Operating Total 499,955 414,164 85,791 529,984 342,671 187,313 532,879 386,130 146,749 539,791 - 539,791 HEA 6,912 BRADLEY CIRCUITS/RADIO TO BERNICE LK Other Costs 35,695 35,696 (1) 35,695 35,696 (1) 35,695 35,696 (1) 35,695 - 35,695 - BRADLEY CIRCUITS/RADIO TO BERNICE LK Total 35,695 35,696 (1) 35,695 35,696 (1) 35,695 35,696 (1) 35,695 - 35,695 HEA - BRADLEY CIRCUITS BERNICE LK TO ANCH Other Costs 29,773 29,728 45 29,773 29,524 249 29,773 29,194 579 29,773 - 29,773 - BRADLEY CIRCUITS BERNICE LK TO ANCH Total 29,773 29,728 45 29,773 29,524 249 29,773 29,194 579 29,773 - 29,773 CEA - FERC 539 - Misc. Hydraulic Power Generation Expenses Total 565,423 479,588 85,835 595,452 407,891 187,561 598,347 451,020 147,327 605,259 - 605,259 6,912 FERC 540 - Rents FERC Land Use Fee Bradley Lake Operating Other Costs 318,000 202,079 115,921 - (35,289) 35,289 - - - - - - - Bradley Lake Operating Total 318,000 202,079 115,921 - (35,289) 35,289 - - - - - - - FERC 540 - Rents Total 318,000 202,079 115,921 - (35,289) 35,289 - - - - - - AEA - FERC 541 - Maintenance Supervision & Engineering Maint Supervision/Eng Bradley Lake Operating Labor & Benefits 272,586 263,101 9,485 195,817 181,894 13,923 114,456 84,904 29,552 270,154 - 270,154 155,698 Indirect Costs - - - 77,849 74,373 3,476 155,698 121,096 34,602 - - - (155,698) Bradley Lake Operating Total 272,586 263,101 9,485 273,666 256,267 17,399 270,154 206,000 64,154 270,154 - 270,154 - FERC 541 - Maintenance Supervision & Engineering Total 272,586 263,101 9,485 273,666 256,267 17,399 270,154 206,000 64,154 270,154 - 270,154 HEA - 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 6 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 542 - Maintenance of Structures Maintenance of Structures Bradley Lake Operating Labor & Benefits 94,453 70,197 24,256 85,438 67,934 17,504 76,499 62,612 13,887 77,639 - 77,639 1,140 Indirect Costs - - - 37,066 37,809 (743) 97,823 91,244 6,579 105,421 - 105,421 7,599 Contractual 10,000 - 10,000 10,000 - 10,000 91,000 3,682 87,318 59,000 - 59,000 (32,000) Supplies & Materials 53,713 57,919 (4,206) 53,713 46,903 6,810 88,713 39,489 49,224 100,713 - 100,713 12,000 Equipment, Furniture and Machinery 7,000 8,513 (1,513) 7,000 6,879 121 32,000 22,552 9,448 52,000 - 52,000 20,000 Maintenance Projects - 2,581 (2,581) - - - - - - - - - - Bradley Lake Operating Total 165,166 139,210 25,956 193,217 159,525 33,692 386,035 219,579 166,456 394,773 - 394,773 8,738 BRADLEY UPGRADE CREWS QUARTERS/RESIDENCE KITCHEN Contractual - - - 165,000 - - - - - - - - - BRADLEY UPGRADE CREWS QUARTERS/RESIDENCE KITCHEN - - - 165,000 - - - - - - - - - FERC 542 - Maintenance of Structures Total 165,166 139,210 25,956 358,217 159,525 198,692 386,035 219,579 166,456 394,773 - 394,773 HEA 8,738 FERC 543 - Maintenance of Reservoirs, Dams & Waterways Maint Res, Dams, WWays Bradley Lake Operating Labor & Benefits 50,610 9,314 41,296 45,552 4,723 40,829 45,080 1,335 43,745 40,744 - 40,744 (4,336) Indirect Costs - - - 19,932 87 19,845 56,322 1,693 54,629 56,689 - 56,689 367 Travel 5,000 - 5,000 5,000 Contractual 6,500 - 6,500 6,500 7,600 (1,100) 6,500 - 6,500 6,500 - 6,500 - Supplies & Materials 15,000 - 15,000 15,000 Bradley Lake Operating Total 57,110 9,314 47,796 71,984 12,410 59,574 107,902 3,028 104,874 123,933 - 123,933 16,031 BRADLEY NUKA REPAIR Contractual 15,000 - 15,000 15,000 - 15,000 - - - - - - - Supplies & Materials - - - - - - - - - - - - - Equipment, Furniture and Machinery - - - - - - - - - - - - - BRADLEY NUKA REPAIR Total 15,000 - 15,000 15,000 - 15,000 - - - - - - - BRADLEY POWER TUNNEL MAINT (Dam) Contractual 15,000 - 15,000 15,000 - 15,000 15,000 - 15,000 15,000 - 15,000 - BRADLEY POWER TUNNEL MAINT (Dam) Total 15,000 - 15,000 15,000 - 15,000 15,000 - 15,000 15,000 - 15,000 - FERC 543 - Maintenance of Reservoirs, Dams & Waterways Total 87,110 9,314 77,796 101,984 12,410 89,574 122,902 3,028 119,874 138,933 - 138,933 HEA 16,031 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 7 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 544 - Maintenance of Electric Plant Maintenance of Elec Plant Bradley Lake Operating Labor & Benefits 379,102 291,662 87,440 342,265 285,366 56,899 273,620 249,706 23,914 309,110 - 309,110 35,490 Indirect Costs - - - 148,789 156,963 (8,174) 368,424 362,402 6,022 423,178 - 423,178 54,754 Travel 4,500 - 4,500 4,500 216 4,284 4,500 - 4,500 4,500 - 4,500 - Contractual 70,000 59,793 10,207 70,000 69,475 525 49,000 19,661 29,339 86,000 - 86,000 37,000 Supplies & Materials 20,000 12,743 7,257 20,000 16,571 3,429 70,000 66,370 3,630 38,000 - 38,000 (32,000) Maintenance Projects - - - - 44,926 (44,926) - - - - - - - Bradley Lake Operating Total 473,602 364,198 109,404 585,554 573,517 12,037 765,544 698,139 67,405 860,788 - 860,788 95,244 BRADLEY HIGH BAY LIGHTS Supplies & Materials - - - 30,000 - 30,000 - - - - - - - BRADLEY HIGH BAY LIGHTS Total - - - 30,000 - 30,000 - - - - - - - FERC 544 - Maintenance of Electric Plant Total 473,602 364,198 109,404 615,554 573,517 42,037 765,544 698,139 67,405 860,788 - 860,788 HEA 95,244 FERC 545 - Maintenance of Misc. Hydraulic Plant Maint of Misc Hydr Plant Bradley Lake Operating Labor & Benefits 94,453 86,833 7,620 85,438 70,963 14,475 69,395 62,843 6,552 69,297 - 69,297 (98) Indirect Costs - - - 37,066 39,864 (2,798) 92,318 91,280 1,038 98,957 - 98,957 6,639 Contractual 3,900 2,009 1,891 3,900 - 3,900 3,900 6,763 (2,863) 3,900 - 3,900 - Supplies & Materials 35,000 49,502 (14,502) 35,000 33,168 1,832 63,000 93,510 (30,510) 58,000 - 58,000 (5,000) Maintenance Projects - 314 (314) - - Bradley Lake Operating Total 133,353 138,344 (4,991) 161,404 143,995 17,409 228,613 254,710 (26,097) 230,154 - 230,154 1,541 BRADLEY FISH WATER DSGN/MIDDLE FORK SHACK IMPR Contractual - - - - - - - - - - - - - Supplies & Materials - 1,345 (1,345) - - - - - - - - - - BRADLEY FISH WATER DSGN/MIDDLE FORK SHACK IMPR Total - 1,345 (1,345) - - - - - - - - - - FERC 545 - Maintenance of Misc. Hydraulic Plant Total 133,353 139,689 (6,336) 161,404 143,995 17,409 228,613 254,710 (26,097) 230,154 - 230,154 HEA 1,541 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 8 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 556 - System Control & Load Dispatching System Cntl & Load Disp Bradley Lake Operating Labor & Benefits 20,618 34,363 (13,745) 21,506 20,920 586 21,140 37,092 (15,952) 21,140 - 21,140 - Contractual 53,000 35,618 17,382 53,000 44,800 8,200 53,000 57,365 (4,365) 53,000 - 53,000 - Supplies & Materials 6,000 642 5,358 6,000 613 5,387 6,000 3,204 2,796 6,000 - 6,000 - Equipment, Furniture and Machinery - 16,254 (16,254) - - - - - - - - - - Bradley Lake Operating Total 79,618 86,877 (7,259) 80,506 66,333 14,173 80,140 97,661 (17,521) 80,140 - 80,140 HEA - BRADLEY EMERSON ANTIVIRUS UPGRADE Contractual - - - 40,000 41,740 (1,740) - - - - - - - BRADLEY EMERSON ANTIVIRUS UPGRADE Total - - - 40,000 41,740 (1,740) - - - - - - HEA - Snow Measurement Bradley Lake Operating Contractual 10,000 10,000 - 12,000 10,000 2,000 10,000 10,000 - 10,000 - 10,000 AEA - Bradley Lake Operating Total 10,000 10,000 - 12,000 10,000 2,000 10,000 10,000 - 10,000 - 10,000 - Seismic Service Bradley Lake Operating Contractual 62,000 61,285 715 62,000 61,569 431 62,000 56,310 5,690 62,000 - 62,000 AEA - Bradley Lake Operating Total 62,000 61,285 715 62,000 61,569 431 62,000 56,310 5,690 62,000 - 62,000 - Streamguaging Serv Bradley Lake Operating Contractual 213,137 213,137 - 206,291 186,291 20,000 209,917 189,917 20,000 183,615 - 183,615 AEA (26,302) Bradley Lake Operating Total 213,137 213,137 - 206,291 186,291 20,000 209,917 189,917 20,000 183,615 - 183,615 (26,302) Permits Bradley Lake Operating Other Costs 350 250 100 350 250 100 350 758 (408) 350 - 350 AEA - Bradley Lake Operating Total 350 250 100 350 250 100 350 758 (408) 350 - 350 - FERC 556 - System Control & Load Dispatching Total 365,105 371,549 (6,444) 401,147 366,183 34,964 362,407 354,646 7,761 336,105 - 336,105 (26,302) 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 9 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 562 - Station Expenses Station Expenses SVC/Substation Maintenance Contract Labor & Benefits 123,726 111,165 12,561 94,718 83,226 11,492 59,774 72,086 (12,312) 55,712 - 55,712 CEA (4,062) Travel 6,000 1,701 4,299 2,000 1,632 368 4,000 2,596 1,404 4,500 - 4,500 CEA 500 Contractual 4,000 - 4,000 32,000 35,207 (3,207) 2,000 51,167 (49,167) 1,800 - 1,800 CEA (200) Supplies & Materials 16,000 2,678 13,322 21,000 17,692 3,308 12,000 613 11,387 10,000 - 10,000 CEA (2,000) Other Costs 4,000 8,618 (4,618) 4,000 1,112 2,888 2,000 - 2,000 - - - CEA (2,000) Equipment, Furniture and Machinery - 795 (795) - - - - - - - - - CEA - Maintenance Projects - 800 (800) - - - - - - - - - CEA - - - - Labor & Benefits 1,573 (1,573) - - - 27,298 - 27,298 27,298 - 27,298 HEA - Contractual - 7,440 (7,440) - - - - - - - - - HEA - Supplies & Materials - - - - - - 10,000 - 10,000 34,000 - 34,000 HEA 24,000 Equipment, Furniture and Machinery - - - - - - - - - 13,000 - 13,000 HEA 13,000 - SVC/Substation Maintenance Contract Total 153,726 134,770 18,956 153,718 138,869 14,849 117,072 126,462 (9,390) 146,309 - 146,309 29,238 FERC 562 - Station Expenses Total 153,726 134,770 18,956 153,718 138,869 14,849 117,072 126,462 (9,390) 146,309 - 146,309 29,238 FERC 563 - Weather Monitoring Power Sup Bradley Lake Operating Contractual - - - - - - - 5,244 (5,244) - - - - - Bradley Lake Operating Total - - - - - - - 5,244 (5,244) - - - - - 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 10 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY FERC 571 - Maintenance of Overhead Lines Maint of OH Lines Bradley Lake Operating Labor & Benefits 82,402 2,907 79,495 31,120 12,110 19,010 27,459 2,507 24,952 27,459 - 27,459 HEA - Travel 49,000 5,265 43,735 10,000 8,180 1,820 10,000 4,530 5,470 - - - (10,000) Contractual 86,000 56,046 29,954 50,000 17,875 32,125 50,000 66,884 (16,884) 100,000 - 100,000 HEA 50,000 Supplies & Materials 19,000 - 19,000 5,000 - 5,000 5,000 - 5,000 5,000 - 5,000 HEA - Equipment, Furniture and Machinery - - - - - - - 103 (103) - - - - Bradley Lake Operating Total 236,402 64,218 172,184 96,120 38,165 57,955 92,459 74,024 18,435 132,459 - 132,459 40,000 BRADLEY JUNCTION SWITCH REMOVAL Travel - - - - - - - - - - - - - Contractual - - - - - - - - - - - - - Other Costs - - - - - - - - - - - - - BRADLEY JUNCTION SWITCH REMOVAL Total - - - - - - - - - - - - - MARKER BALL REPLACEMENT Labor & Benefits - - - - - - - - - - - - - Travel - - - - - - - - - - - - - Contractual - 83 (83) - - - - - - - - - - Equipment, Furniture and Machinery - - - - - - - - - - - - - MARKER BALL REPLACEMENT Total - 83 (83) - - - - - - - - - - SQ Line Labor & Benefits - - - - - - - - - 32,500 - 32,500 32,500 Travel - - - - - - - - - - - - - Contractual - - - - - - - - - 110,000 - 110,000 110,000 Supplies & Materials - - - - - - - - - 7,500 - 7,500 7,500 SQ Line Total - - - - - - - - - 150,000 - 150,000 150,000 FERC 571 - Maintenance of Overhead Lines Total 236,402 64,301 172,101 96,120 38,165 57,955 92,459 74,024 18,435 282,459 - 282,459 HEA 190,000 FERC 920 & 930 - Administrative Expense AEA Bradley Admin Fees Bradley Lake Operating Administrative Costs 200,000 200,000 - 200,000 200,000 - 200,000 200,000 - 201,000 - 201,000 1,000 Administrative Costs 2,500 - 2,500 2,500 Administrative Costs 20,000 - 20,000 20,000 Travel 3,500 - 3,500 3,500 Bradley Lake Operating Total 200,000 200,000 - 200,000 200,000 - 200,000 200,000 - 227,000 - 227,000 AEA 27,000 Operating Committee Exp-Audit Bradley Lake Operating Administrative Costs 16,800 16,800 - 16,500 19,900 (3,400) 19,900 20,298 (398) 19,900 - 19,900 AEA - Bradley Lake Operating Total 16,800 16,800 - 16,500 19,900 (3,400) 19,900 20,298 (398) 19,900 - 19,900 - Operating Committee Exp-Legal Bradley Lake Operating Administrative Costs 25,000 115,610 (90,610) 25,000 140,453 (115,453) 30,000 215,162 (185,162) 70,000 - 70,000 AEA 40,000 Bradley Lake Operating Total 25,000 115,610 (90,610) 25,000 140,453 (115,453) 30,000 215,162 (185,162) 70,000 - 70,000 40,000 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 11 of 18 FY18 FY19 FY20 FY18 Amended Budget Actual (Over) Under Budget to date FY19 Amended Budget Actual (Over) Under Budget to date FY20 Actual (Over) Under Budget to date FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) From PY Operat Committee Exp-Arbitrage Bradley Lake Operating Administrative Costs 3,380 2,535 845 2,935 2,785 150 3,000 2,685 315 5,000 - 5,000 AEA 2,000 Bradley Lake Operating Total 3,380 2,535 845 2,935 2,785 150 3,000 2,685 315 5,000 - 5,000 2,000 Trust & Account Fees Bradley Lake Operating Administrative Costs 11,918 11,918 - 11,918 11,918 - 11,918 12,118 (200) 13,000 - 13,000 AEA 1,082 Bradley Lake Operating Total 11,918 11,918 - 11,918 11,918 - 11,918 12,118 (200) 13,000 - 13,000 1,082 Misc Admin Bradley Lake Operating Administrative Costs 10,000 10,350 (350) 10,350 11,646 (1,296) 11,646 12,000 (354) 18,900 - 18,900 AEA 7,254 Bradley Lake Operating Total 10,000 10,350 (350) 10,350 11,646 (1,296) 11,646 12,000 (354) 18,900 - 18,900 7,254 FERC 920 & 930 - Administrative Expense Total 267,098 357,213 (90,115) 266,703 386,702 (119,999) 276,464 462,263 (185,799) 353,800 - 353,800 77,336 FERC 924 & 925 - Insurance Premiums Insurance Premiums Bradley Lake Operating Administrative Costs 525,000 580,915 (55,915) 600,834 599,218 1,616 575,000 613,782 (38,782) 692,019 - 692,019 AEA 117,019 Administrative Costs 56,000 43,790 12,210 56,000 18,422 37,578 56,000 39,347 16,653 56,000 - 56,000 HEA - Bradley Lake Operating Total 581,000 624,705 (43,705) 656,834 617,640 39,194 631,000 653,129 (22,129) 748,019 - 748,019 117,019 FERC 924 & 925 - Insurance Premiums Total 581,000 624,705 (43,705) 656,834 617,640 39,194 631,000 653,129 (22,129) 748,019 - 748,019 117,019 FERC 928 - Regulatory Commission Expenses FERC Admin Fees Administrative Costs 185,000 176,523 8,477 185,000 101,775 83,225 185,000 169,976 15,024 175,000 - 175,000 AEA (10,000) Bradley Lake Operating Total 185,000 176,523 8,477 185,000 101,775 83,225 185,000 169,976 15,024 175,000 - 175,000 (10,000) FERC Related Prof Services FERC Part 12 Inspection Administrative Costs - - - - - - - - - 75,000 - 75,000 AEA 75,000 Contractual Engineer-FERC license issues - - Administrative Costs 125,000 100,999 24,001 125,000 104,560 20,440 100,000 88,256 11,744 110,000 - 110,000 AEA 10,000 Bradley Lake Operating Total 125,000 100,999 24,001 125,000 - 125,000 100,000 - 100,000 185,000 - 185,000 85,000 FERC 928 - Regulatory Commission Expenses Total 310,000 277,522 32,478 310,000 206,335 103,665 285,000 258,232 26,768 360,000 - 360,000 75,000 Total Bradley Lake Budget 4,593,387 3,985,722 607,665 4,787,467 4,019,975 767,492 5,351,042 4,778,370 572,671 5,798,702 - 5,798,702 447,660 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch B Page 12 of 18 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Monthly Utility Contributions Schedule C FY2017 FY2018 FY2019 FY2020 FY2021 FY2021 FY2021 FY2020 to Percent Amended Amended Amended Amended Amend 4 Proposed Amend 5 FY2021 Power Purchaser Share Budget Budget Budget Budget Budget Change Budget Change Chugach Electric 30.4%5,941,176 6,025,086 5,778,204 5,953,680 4,925,841 60,800 4,986,640 (967,040) Municipality of Anchorage 25.9%5,061,732 5,133,216 4,922,868 5,072,376 4,196,687 51,799 4,248,486 (823,890) Chugach Electric Total 9,122,528 112,599 9,235,126 Homer Electric 12.0%2,345,208 2,378,322 2,280,864 2,350,140 1,944,410 24,000 1,968,409 (381,731) Matanuska Electric 13.8%2,696,988 2,735,076 2,622,996 2,702,664 2,236,074 27,600 2,263,673 (438,991) Golden Valley Electric 16.9%3,302,832 3,349,470 3,212,220 3,309,780 2,738,379 33,800 2,772,178 (537,602) City of Seward 1.0%195,432 198,192 190,068 195,840 162,035 2,001 164,035 (31,805) Rounding 3 (1) 5 100.0%19,543,371 19,819,362 19,007,219 19,584,485 16,203,426 200,000 16,403,421 (3,181,059) FY2018 Percent FY2017 Monthly FY2019 FY2020 FY2021 FY2021 FY2021 Power Purchaser Share Monthly Accelerated Monthly Monthly Amend 4 Monthly Monthly Changes Amend 5 Monthly Chugach Electric 30.4%495,098 1,004,181 481,517 496,140 425,655 60,800 486,455 (9,685) Municipality of Anchorage 25.9%421,811 855,536 410,239 422,698 362,647 51,800 414,447 (8,251) Chugach Electric Total 788,302 112,600 900,902 Homer Electric 12.0%195,434 396,387 190,072 195,845 168,021 24,000 192,021 (3,824) Matanuska Electric 13.8%224,749 455,846 218,583 225,222 193,226 27,600 220,826 (4,396) Golden Valley Electric 16.9%275,236 558,245 267,685 275,815 236,631 33,800 270,431 (5,384) City of Seward 1.0%16,286 33,032 15,839 16,320 14,002 2,000 16,002 (318) 100.0%1,628,614 3,303,227 1,583,935 1,632,040 1,400,181 200,000 1,600,181 (31,859) 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch C Page 13 of 18 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT R&C Fund Disbursements and Repayments Schedule D Actual ACTUAL Actual ACTUAL Actual ACTUAL PROJECTED PROJECTED TO REPAY TO REPAY TO REPAY TO REPAY Description Disburse at 06/30/18 Disburse at 06/30/19 Disburse at 06/30/20 Disburse at 06/30/21 R&C FUND PROJECTS Governor 0.00 4,052,070.14 0.00 4,052,070.14 0.00 4,052,070.14 0.00 4,052,070.14 Replace RFLS 0.00 251,092.69 0.00 251,092.69 0.00 251,092.69 0.00 251,092.69 Replace Runners 0.00 1,946,732.79 0.00 1,946,732.79 0.00 1,946,732.79 0.00 1,946,732.79 Replace cable from dam to power house 0.00 2,321,922.94 0.00 2,321,922.94 0.00 2,321,922.94 0.00 2,321,922.94 Replace power system stabilizer 0.00 619,205.10 0.00 619,205.10 0.00 619,205.10 0.00 619,205.10 Replace two RTUs 0.00 86,905.27 0.00 86,905.27 0.00 86,905.27 0.00 86,905.27 Culvert Repairs 0.00 675,966.79 0.00 675,966.79 0.00 675,966.79 0.00 675,966.79 Trans Towers Frost Jacking Repairs 0.00 887,596.62 0.00 887,596.62 0.00 887,596.62 0.00 887,596.62 Replace Plant and SCADA Controls 0.00 1,344,683.05 0.00 1,344,683.05 0.00 1,344,683.05 0.00 1,344,683.05 Vibration Monitoring System 0.00 490.00 0.00 490.00 0.00 490.00 0.00 490.00 Battle Creek Feasibility 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Fire Alarm System Replacement 0.00 0.00 0.00 0.00 41,179.09 41,179.09 150,000.00 191,179.09 Battle Creek Diversion 0.00 1,170,000.00 0.00 1,170,000.00 0.00 1,170,000.00 0.00 1,170,000.00 Replace Electro-Mechanical Relays 0.00 1,277,197.06 0.00 1,277,197.06 0.00 1,277,197.06 0.00 1,277,197.06 Fishwater Screen Debris Removal 0.00 312,236.43 0.00 312,236.43 0.00 312,236.43 0.00 312,236.43 Turbine Nozzle Repair 0.00 1,428,861.07 0.00 1,428,861.07 0.00 1,428,861.07 0.00 1,428,861.07 Spillway Raise 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 SVC replacement Daves Creek | Soldotna 1,341,405.96 8,517,991.11 0.00 8,517,991.11 0.00 8,517,991.11 0.00 8,517,991.11 Equipment Storage Shed 0.00 0.00 510,550.13 510,550.13 0.00 510,550.13 0.00 510,550.13 Emerson Operating System Upgrade 0.00 0.00 622,665.00 622,665.00 0.00 622,665.00 0.00 622,665.00 Generator #2 Relacement 0.00 0.00 582,341.67 582,341.67 370,871.04 953,212.71 0.00 953,212.71 Road Grader 0.00 0.00 0.00 0.00 0.00 0.00 370,000.00 370,000.00 Battle Creek Construction 0.00 3,666,000.00 3,666,000.00 Battle Creek Cash Call 0.00 750,000.00 750,000.00 Repayment through Cash Call 0.00 (750,000.00) (750,000.00) Needle Rapairs 0.00 1,500,000.00 1,500,000.00 1,341,405.96 24,892,951.06 1,715,556.80 26,608,507.86 412,050.13 27,020,557.99 5,686,000.00 32,706,557.99 Current Year R&C Repayment (2,793,306.00) (2,746,068.00) (2,121,396.10) (2,288,753.22) Adjust bal to $5 mill (won't be corrected until year end) 0.00 0.00 0.00 0.00 Less Interest in Fund Applied to Repayment (226,781.00) (117,149.21) (175,199.84) (269,486.35) Net Transfer from Revenue Fund (3,020,087.00) (2,863,217.21) (2,296,595.94) (2,558,239.57) Cumulative Prior Years R&C Repayments (17,886,155.09) (20,465,255.55) (23,240,089.01) (25,518,390.50) Due back to Utilities 440,986.54 88,383.75 18,294.45 0.00 R&C Cumulative Interest (Retained) Applied As Part of Repayment 0.00 0.00 0.00 0.00 Net R&C Repayments (17,445,168.55) (20,376,871.80) (23,221,794.56)(25,518,390.50) NET DUE TO R&C FUND 4,427,695.51 3,368,418.85 1,502,167.49 4,629,927.92 R&C FUND CASH FLOW PROJECTION Beginning Investment Balance 3,219,624.39 1,013,291.03 2,435,913.25 3,922,231.19 Disbursements-current year (1,341,405.96) (999,608.45) (412,050.13) (5,686,000.00) Disbursements-prior year accrued (2,737,351.03) 0.00 (309,844.12) (406,104.23) R&C Repayment to utilities (1,147,663.37) (440,986.54) (88,383.75) (18,294.45) Net other cash inflow(outflow) 0.00 0.00 0.00 0.00 Current year interest earnings 226,781.00 117,149.21 175,199.84 269,486.35 Current year Participants Contributions to R&C 2,793,306.00 2,746,068.00 2,121,396.10 2,288,753.22 Ending Investment Balance 1,013,291.03 2,435,913.25 3,922,231.19 370,072.08 Accrued R&C Payable at year end-Due to Utilities (440,986.54) (88,383.75) (18,294.45) 0.00 Accrued R&C vendor Payable at year end 0.00 (715,948.35) (406,104.23) 0.00 PROJECTED NET DUE + ENDING INVESTMENT BALANCE 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 REPAYMENT AMOUNT $3,330,802.80 X 25% yr 1 | 32% yr 2 |25% yr 3 | 13rd yr 832,700.70 4th yr 599,544.50 $5,644,193.08 x 25% all 4 years 2nd yr 1,411,048.27 3rd yr 1,411,048.27 4th yr 1,411,048.27 $1,341,405.96 x 25% all 4 years 1st yr 335,351.49 2nd yr 335,351.49 3rd yr 335,351.49 4th yr 335,351.49 $1,715,556.80 x 25% all 4 years 1st yr 428,889.20 2nd yr 428,889.20 3rd yr 428,889.20 $150,000 x 25% all 4 years 1st yr 103,012.53 2nd yr 103,012.53 $520,000 x 25% all 4 years 1st yr 1,421,500.00 2,579,100.46 2,774,833.46 2,278,301.49 2,288,753.22 5/12/20212:40 PM2021-BradleyBudget-Amend5-Proposed.xlsx Sch D Page 1 of 1 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Battle Creek Capital Construction Purchases Schedule E FY18 FY19 FY20 FY20 FY21 FY21 FY21 Approved Amend 4 Proposed Amend 5 Actuals Actuals Actuals Budget Budget Changes Budget Comments Battle Creek Diversion 333,860 - - - - - - Total Construction 333,860 - - - - - - Used 2007 Chevrolet Silverado 8,800 - - - - - - Used 2006 Chevrolet Silverado 7,700 - - - - - - Battle Creek Diversion - 149,941 822,327 425,000 320,000 - 320,000 Claims consultants Total capital revenue fund purchases 16,500 149,941 822,327 425,000 320,000 - 320,000 Capital Construction Project Description 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch E Page 15 of 18 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Battle Creek Administrative Costs Budget Schedule F - - HEA 262,438 HEA 268,524 HEA 92,569 CEA - CEA - CEA - CEA - AEA 43,000 AEA 191,550 AEA 126,900 AEA 273,900 BL O&M 181,245 FY18 FY19 FY18 Amended Budget Actual @ 12/31/18 (Over) Under Budget FY19 Amended Budget Actual (Over) Under Budget FY20 Approved Budget Actual (Over) Under Budget FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) from PY Summary by cost type - - - Administrative Costs 43,000 137,435 (94,435) 453,988 527,724 (73,736) 395,424 580,606 (185,182) 255,469 255,469 (139,955) Battle Creek O&M - Bradley Allocation - - - - - - - - - 181,245 181,245 181,245 Battle Creek O&M 111,000 111,000 111,000 43,000 137,435 (94,435) 453,988 527,724 (73,736) 395,424 580,606 (185,182) 547,714 - 547,714 41,290 Bradley Lake O&M 4% charge to Battle Creek Battle Creek O&M - - - - - - - - - 181,245 - 181,245 181,245 FERC 537 - Hydraulic Expenses Hydraulic Expenses Battle Creek Operating Labor & Benefits - - - - - - - - - - - - - Indirect Costs - - - - - - - - - - - - - Travel - - - - - - - - - - - - - Training - - - - - - - - - - - - - Contractual - - - - - - - - - 66,000 - 66,000 66,000 Bradley Lake Operating Total - - - - - - - - - 66,000 - 66,000 66,000 FERC 537 - Hydraulic Expenses Total - - - - - - - - - 66,000 - 66,000 66,000 FERC 556 - System Control & Load Dispatching Streamguaging Expenses Battle Creek Operating Labor & Benefits - - - - - - - - - - - - - Indirect Costs - - - - - - - - - - - - - Travel - - - - - - - - - - - - - Training - - - - - - - - - - - - - Contractual - - - - - - - - - 45,000 - 45,000 45,000 Supplies & Materials - - - - - - - - - - - - - Equipment, Furniture and Machinery - - - - - - - - - - - - - Bradley Lake Operating Total - - - - - - - - - 45,000 - 45,000 45,000 FERC 556 - System Control & Load Dispatching Total - - - - - - - - - 45,000 - 45,000 45,000 FERC 920 & 930 - Administrative Expense Battle Creek Admin Fees Administrative Costs - 3,525 (3,525) 8,193 7,421 772 12,274 12,274 0 11,419 - 11,419 (855) Administrative Costs 22,000 22,000 - 168,000 168,000 - 105,000 105,051 (51) 122,000 - 122,000 17,000 Battle Creek Admin Fees Total 22,000 25,525 (3,525) 176,193 175,421 772 117,274 117,325 (51) 133,419 - 133,419 16,145 Operating Committee Exp-Owners Representative Administrative Costs - 89,196 (89,196) 254,245 311,652 (57,407) 256,250 320,601 (64,351) 81,150 - 81,150 (175,100) Operating Committee Exp-Owners Representative Total - 89,196 (89,196) 254,245 311,652 (57,407) 256,250 320,601 (64,351) 81,150 - 81,150 (175,100) Operating Committee Exp-Legal Administrative Costs 15,000 17,082 (2,082) 15,000 34,795 (19,795) 15,000 135,880 (120,880) 30,000 - 30,000 15,000 FY20 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch F Page 16 of 18 FY18 FY19 FY18 Amended Budget Actual @ 12/31/18 (Over) Under Budget FY19 Amended Budget Actual (Over) Under Budget FY20 Approved Budget Actual (Over) Under Budget FY21 Amend 4 Budget FY21 Proposed Changes FY21 Amend 5 Budget Increase (Decrease) from PY FY20 Operating Committee Exp-Legal Total 15,000 17,082 (2,082) 15,000 34,795 (19,795) 15,000 135,880 (120,880) 30,000 - 30,000 15,000 Operat Committee Exp-Arbitrage Administrative Costs 2,000 2,180 (180) 2,000 1,690 310 2,000 1,690 310 2,000 - 2,000 - Operat Committee Exp-Arbitrage Total 2,000 2,180 (180) 2,000 1,690 310 2,000 1,690 310 2,000 - 2,000 - Trust & Account Fees Administrative Costs 3,500 1,197 2,303 6,550 4,083 2,467 4,800 5,000 (200) 8,800 - 8,800 4,000 Trust & Account Fees Total 3,500 1,197 2,303 6,550 4,083 2,467 4,800 5,000 (200) 8,800 - 8,800 4,000 Operating Committee Exp-Other Administrative Costs 500 2,255 (1,755) - 83 (83) 100 110 (10) 100 - 100 - Operating Committee Exp-Other Total 500 2,255 (1,755) - 83 (83) 100 110 (10) 100 - 100 - FERC 920 & 930 - Administrative Expense Total 43,000 137,435 (94,435) 453,988 527,724 (73,736) 395,424 580,606 (185,182) 255,469 - 255,469 (139,955) Total Bradley Lake Budget 43,000 137,435 (94,435) 453,988 527,724 (73,736) 395,424 580,606 (185,182) 547,714 - 547,714 374,290 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch F Page 17 of 18 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Battle Creek Monthly Participating Purchaser Contributions Schedule G FY2018 FY2018 FY2018 FY2017 7/28/2017 2/2/2018 3/5/2018 FY2019 FY2020 FY2021 FY2021 FY2021 FY2020 to Percent Amended Amended Amended Amend 3 Amended Amended Amend 4 Proposed Amend 5 FY2021 POWER PURCHASER Share Budget Budget Budget *(1)Budget Budget Budget Budget Changes Budget Change Chugach Electric Association 39.38%315,040 157,520 236,521 249,416 519,711 1,008,930 2,367,938 - 2,367,938 1,359,008 Municipal Light & Power 0.00%- - - - - - - - - - Homer Electric Association 41.44%331,520 165,760 116,938 262,463 546,898 1,061,708 2,491,807 - 2,491,807 1,430,099 Matanuska Electric Association 17.88%143,040 71,520 107,389 113,244 235,968 458,092 1,075,133 - 1,075,133 617,041 Golden Valley Electric Association 0.00%- - - - - - - - - - City of Seward 1.30%10,400 5,200 7,808 8,234 17,157 33,306 78,169 - 78,169 44,863 Rounding 1 - - - - 100.00%800,000 400,000 468,657 633,357 1,319,734 2,562,036 6,013,047 - 6,013,047 3,451,011 FY2018 FY2018 FY2021 FY2021 FY2021 Percent March April-June FY2019 FY2020 Monthly Proposed Monthly POWER PURCHASER Share Contibution Monthly Monthly Monthly Budget Changes Budget Chugach Electric Association 39.38%- - 59,130 80,749 43,309 86,867 220,385 - 220,385 Municipal Light & Power 0.00%- - - - - - - - - Homer Electric Association 41.44%- - 29,235 51,985 45,575 91,411 231,913 - 231,913 Matanuska Electric Association 17.88%- - 26,847 36,663 19,664 39,441 100,063 - 100,063 Golden Valley Electric Association 0.00%- - - - - - - - - City of Seward 1.30%- - 1,952 2,666 1,430 2,868 7,275 - 7,275 - - - 100.0%- - 117,164 172,064 109,978 220,587 559,636 - 559,636 * (1) The calculation the FY2018 2/2/2018 Amended Budget is shown below. Original Corrected Contributions FY2018 Capital Capital Other Prior to 2/2/2018 Reserve Reserve Available Other Amended Contributions Contributions Funds Available Funds Budget 1,246,143 1,101,213 144,930 381,451 236,521 - - - - - 1,443,286 1,158,819 284,467 401,405 116,938 565,796 499,992 65,804 173,193 107,389 - - - - - 41,137 36,353 4,784 12,592 7,808 (1) 1 3,296,363 2,796,378 499,985 968,640 468,657 5/11/20219:56 AM2021-BradleyBudget-Amend5-Proposed.xlsxSch G Page 18 of 18 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTFY2022 PROPOSED BUDGET - AMEND 1DATE: MAY 21, 2021 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECT2022 Budget ContentsScheduleDescriptionPage #Summary FY22 Proposed Budget Summary3Schedule A Bradley Lake Capital Purchases (not funded by R&C) 4Schedule B Bradley Lake Operations & Maintenance Budget 5 - 13Schedule C Bradley Lake Monthly Utility Contributions14Schedule D R&C Fund Disbursements and Repayments 15Schedule E Battle Creek Capital Purchases (not funded by R&C) 16Schedule F Battle Creek Operations & Maintenance Budget 17 - 18Schedule G Battle Creek Monthly Utility Contributions19Schedule H SSQ Line Capital Purchases (not funded by R&C) 20Schedule I SSQ Line Operations & Maintenance Budget 21Schedule J SSQ Line Monthly Utility Contributions22`5/12/20214:31 PMH:\Accounting\AEA FY22 FS Shared Files\Bradley Lake\Budget\Budget Amend 1\2022-BradleyBudget-Proposed Budget Amend 1.xlsx 2 of 22 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Budget Summary FY2021 FY2022 FY2022 FY2022 Inc(Dec) From FY2019 FY2020 Amended Approved Proposed Amend 1 FY21 Amended Bradley Lake (excluding Battle Creek & SSQ Line shown below)Actuals Actuals Budget Budget Changes Budget Budget Revenues, Expenses & Changes in surplus Revenues Utility Contributions (sch C) 18,132,905 18,507,495 16,403,421 10,097,726 456,000 10,553,726 (5,849,695) Other Miscellaneous-R&C Fund Cash Call 2,501 - 1,799,000 - - - (1,799,000) Interest Income 1,946,023 1,887,786 750,000 500 - 500 (749,500) Other Available Funds - - 1,325,513 9,893,771 - 9,893,771 8,568,259 20,081,429 20,395,281 20,277,934 19,991,997 456,000 20,447,997 170,063 Expenses Operations & Maintenance (sch B) 4,019,975 4,773,126 5,798,702 5,747,908 200,000 5,947,908 149,206 Renewals/Replacements (R&C Fund Repayments) (sch D) 2,774,832 2,278,302 1,184,753 1,006,902 250,000 1,256,902 72,149 Renewals/Replacements (R&C Fund Cash Call) (sch D) - - 750,000 - - - (750,000) Non R&C Capital Purchases (sch A-1) 37,738 283,425 652,000 759,000 - 759,000 107,000 Transfer To(From) Operating Reserve 38,816 112,715 84,752 23,841 6,000 29,841 (54,911) Debt Service 12,778,588 12,778,775 11,453,263 - - - (11,453,263) Arbitrage Transfer 431,480 168,938 354,464 0 - - (354,464) Excess Payment Agreement - - - 12,454,346 - 12,454,346 12,454,346 20,081,429 20,395,281 20,277,934 19,991,997 456,000 20,447,997 170,063 Surplus (Deficit) 0 0 0 0 (0)00 Other Project Costs - Battle Creek Revenues, Expenses & Changes in surplus Revenues - Battle Creek Utility Contributions (sch G) 1,319,734 1,967,642 6,013,048 3,564,453 - 3,564,453 (2,448,595) Other Miscellaneous-R&C Fund Cash Call - - - - - - 0 Interest Income 67,492 47,620 - - - - 0 Capital Reserve Contributions - - - - - - 0 Other Available Funds - - - - - - 0 1,387,226 2,015,262 6,013,048 3,564,453 - 3,564,453 (2,448,595) Expenses - Battle Creek Battle Creek Operations & Maintenance (sch F) 527,723 580,606 547,714 399,610 - 399,610 (148,104) Renewals/Replacements (R&C Fund Repayments) (sch D) - - 1,104,000 1,104,000 - 1,104,000 0 Renewals/Replacements (R&C Fund Cash Call) (sch D) - - - - - - 0 Capital Purchases (sch E)- - - - - - 0 Capital Purchases - Revenue Fund (sch E) 149,941 822,327 320,000 115,000 - 115,000 (205,000) Transfer To(From) Operating Reserve 82,038 (11,713)30,926 (29,621)- (29,621) (60,547) Debt Service 1,748,534 1,753,324 3,518,317 3,064,883 - 3,064,883 (453,434) IRS Subsidy (1,121,010) (1,129,282)- (1,089,419) - (1,089,419) (1,089,419) Cost of Issuance 9th Series - - - - - - 0 Capital Reserve Contribution - - 492,091 - - - (492,091) 1,387,226 2,015,262 6,013,048 3,564,453 - 3,564,453 (2,448,595) Surplus (Deficit)0000000 Other Project Costs - SSQ Line Revenues, Expenses & Changes in surplus Revenues - SSQ Line Utility Contributions (sch J)- - 360,000 415,427 84,000 499,427 139,427 Other Miscellaneous-R&C Fund Cash Call - - - - - - 0 Capital Reserve Contributions - - - - - - 0 Other Available Funds - - - 1,559,492 - 1,559,492 1,559,492 - - 360,000 1,974,919 84,000 2,058,919 1,698,919 Expenses - SSQ Line SSQ Line Operations & Maintenance (sch I) - - 170,000 374,523 70,000 444,523 274,523 Renewals/Replacements (R&C Fund Repayments) (sch D) - - - 0 - - 0 Renewals/Replacements (R&C Fund Cash Call) (sch D) - - - 0 - - 0 Capital Purchases (sch H)- - 190,000 0 - - (190,000) Transfer To(From) Operating Reserve - - - 40,905 14,000 54,905 54,905 Debt Service - - - 1,559,492 - 1,559,492 1,559,492 Capital Reserve Contribution - - - 0 - - 0 - - 360,000 1,974,919 84,000 2,058,919 1,698,919 Surplus (Deficit)0000000 Other Information Operating Reserve *957,494 1,070,208 1,159,740 1,149,582 1,189,582 Operating Reserve - Battle Creek* 90,798 79,085 109,543 79,922 79,922 Operating Reserve - SSQ Line*34,000 74,905 88,905 Monthly Contributions 1,511,075 1,632,040 1,366,952 841,477 879,477 Monthly Contributions Battle Creek 109,978 242,670 501,087 297,038 297,038 Monthly Contributions SSQ Line 30,000 34,619 41,619 *Required to be 20% of budgeted operating expense 5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSummary Page 3 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTCapital Purchases (not funded by R&C Fund)Schedule AFY19 FY20 FY21FY22 FY22 FY22Amended Approved Proposed Amend 1ActualsActualsBudgetBudgetChangesBudgetComments for FY22:Replace/Automate Fish Water Valves & Actuators 17,142 2,931 40,000 - - - Upgrade Crews Quarters\Residence Kitchen - - 139,000 - 139,000 was on hold until DOWL is not occupying the Crews QuartersReplace 1988 Suburban Ambulance 5,350 - - - - Tire machine 15,246 - - - - Replace dump truck and sander - - 170,000 20,000 - 20,000 need new sanderPick up truck - 41,484 - - - UPS Replacement - 65,696 37,000 - - - Rough terrain fork lift (with plow for snow) - 131,594 - - - IRIS Air gap monitoring system (computer) - 41,720 45,000 45,000 - 45,000 Need for Unit 1KVM switch for Emerson - 3,000 - - - Spare Trash Pump - 20,000 - - - Housing Preliminary Design 10,000 - - - Emerson Cybersecurity Update 137,000 - - - Heavy Duty trailer for equipment - - 20,000 - 20,000 Smaller trailer for miniABB Replace GIS Actuators 240,000 - 240,000 no longer supportedReplacement pickup truck 45,000 - 45,000 Replace fuel truck (bad electrics)Needle Valve rebuild 150,000 - 150,000 Used up needle tip and cones in 2020/21 overhaulStart new servo design 100,000 - 100,000 Voith recommends new designTotal Non R&C Capital Purchases 37,738 283,425 462,000 759,000 - 759,000 Capital Project Description5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch APage 4 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTBradley Lake Operations and Maintenance BudgetSchedule BHEA3,145,798 2,436,506 709,292 3,822,764 3,020,964 801,799 4,066,378 4,112,706 - 4,112,706 46,328 CEA183,491 168,393 15,098 109,547 155,656 (46,109) 101,785 134,161 - 134,161 32,377 AEA1,458,178 1,415,076 43,102 1,418,731 1,596,506 (177,775) 1,641,784 1,691,750 - 1,891,750 249,966 BC- - - - - - (181,245) (190,710) - (190,710) (9,465) 4,787,467 4,019,975 767,492 5,351,042 4,773,126 577,915 5,628,702 5,747,908 - 5,947,908 319,206 - - - - - - - - - FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY Summary by cost typeLabor & Benefits1,572,497 1,307,518 264,979 1,219,935 1,011,432 208,503 1,257,590 1,307,994 - 1,307,994 50,405 Indirect Costs583,803 579,114 4,689 1,383,388 1,251,241 132,147 1,486,285 1,486,285 - 1,486,285 0 Travel33,950 28,380 5,570 45,950 10,512 35,438 44,950 38,450 - 38,450 (6,500) Training49,300 20,956 28,344 49,300 14,875 34,425 49,300 49,300 - 49,300 - Contractual1,033,216 633,893 399,323 869,842 655,575 214,267 903,340 1,044,525 - 1,044,525 141,185 Supplies & Materials204,345 156,339 48,006 346,345 262,370 83,975 389,345 429,345 - 429,345 40,000 Other Costs69,818 31,293 38,525 67,818 65,648 2,170 70,818 67,318 - 67,318 (3,500) Equipment, Furniture and Machinery7,000 6,879 121 176,000 127,535 48,465 170,000 73,000 - 73,000 (97,000) Maintenance Projects- 44,926 (44,926) - 314 (314) - - - - - Administrative Costs1,233,537 1,210,677 22,860 1,192,464 1,373,624 (181,160) 1,438,319 1,442,400 200,000 1,642,400 204,081 Battle Creek O&M- - - - - - (181,245) (190,710) - (190,710) (9,465) 4,787,467    4,019,975    767,492           5,351,042  4,773,126  577,915       5,628,702  5,747,908 200,000 5,947,908 319,206 Bradley Lake O&M 4% charge to Battle CreekBattle Creek O&M- - - - - - (181,245) (190,710) - (190,710) BC(9,465) Bradley Lake O&M 4% charge to Battle CreekFERC 535 ‐ Operation Supervision & EngineeringOperations Sup/EngBradley Lake OperatingLabor & Benefits189,074 182,059 7,015 107,453 89,713 17,740 107,453 107,604 - 107,604 151 Indirect Costs77,849 74,535 3,314 155,698 128,545 27,153 155,698 155,698 - 155,698 - Travel10,450 13,462 (3,012) 10,450 246 10,204 10,450 10,450 - 10,450 - Training9,300 4,305 4,995 9,300 991 8,309 9,300 9,300 - 9,300 - Contractual1,000 257 743 1,000 173 827 11,000 11,000 - 11,000 - Supplies & Materials4,000 2,688 1,312 4,000 3,698 302 4,000 4,000 - 4,000 - Bradley Lake Operating Total291,673 277,306 14,367 287,901 223,366 64,536 297,901 298,053 - 298,053 151 FERC 535 ‐ Operation Supervision & Engineering Total 291,673       277,306        14,367            287,901     223,366     64,536        297,901      298,053              ‐                           298,053             HEA151                          5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 5 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 537 ‐ Hydraulic ExpensesHydraulic ExpensesBradley Lake OperatingLabor & Benefits88,714 71,767 16,947 84,081 67,694 16,387 84,192 84,192 - 84,192 - Indirect Costs41,515 42,543 (1,028) 107,519 98,886 8,633 114,320 114,320 - 114,320 - Travel- - - 10,000 - 10,000 10,000 8,000 - 8,000 (2,000) Contractual2,000 11,524 (9,524) 22,000 - 22,000 22,000 73,000 - 73,000 51,000 Supplies & Materials2,000 2,636 (636) 19,000 9,806 9,194 59,000 16,000 - 16,000 (43,000) Equipment, Furniture and Machinery- - - 81,000 13,368 67,632 32,000 39,000 - 39,000 7,000 Bradley Lake Operating Total134,230 128,470 5,760 323,600 189,754 133,846 321,512 334,512 - 334,512 13,000 FERC 537 ‐ Hydraulic Expenses Total 134,230       128,470        5,760              323,600     189,754     133,846       321,512      334,512              ‐                           334,512             HEA13,000                    FERC 538 ‐ Electric ExpensesElectric ExpensesBradley Lake OperatingLabor & Benefits224,811 209,646 15,165 208,745 210,745 (2,000) 218,044 218,044 - 218,044 0 Indirect Costs102,222 110,544 (8,322) 242,067 257,551 (15,484) 262,004 262,004 - 262,004 (0) Travel7,000 4,890 2,110 7,000 3,140 3,860 7,000 7,000 - 7,000 - Training25,000 12,406 12,594 25,000 13,884 11,116 25,000 25,000 - 25,000 - Contractual2,000 - 2,000 7,000 2,587 4,413 2,000 5,000 - 5,000 3,000 Supplies & Materials9,732 4,503 5,229 50,732 14,111 36,621 41,732 42,732 - 42,732 1,000 Equipment, Furniture and Machinery- - - 63,000 91,512 (28,512) 73,000 11,000 - 11,000 (62,000) Other Costs- 5,000 - - - (5,000) Bradley Lake Operating Total370,765 341,989 28,776 603,544 593,530 10,014 633,780 570,780 - 570,780 (63,000) FERC 538 ‐ Electric Expenses Total 370,765       341,989        28,776            603,544     593,530     10,014        633,780      570,780              ‐                           570,780             HEA(63,000)                   5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 6 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 539 ‐ Misc. Hydraulic Power Generation ExpensesMisc Hydro Power ExpBradley Lake OperatingLabor & Benefits168,044 116,910 51,134 104,936 70,195 34,741 105,047 104,788 - 104,788 (258) Indirect Costs41,515 42,396 (881) 107,519 98,544 8,975 114,320 114,320 - 114,320 0 Training15,000 4,245 10,755 15,000 - 15,000 15,000 15,000 - 15,000 - Contractual287,525 147,555 139,970 287,525 185,822 101,703 287,525 287,525 - 287,525 - Supplies & Materials17,900 31,565 (13,665) 17,900 31,569 (13,669) 17,900 17,900 - 17,900 - Bradley Lake Operating Total529,984 342,671 187,313 532,879 386,130 146,749 539,791 539,533 - 539,533 HEA(258) BRADLEY CIRCUITS/RADIO TO BERNICE LKOther Costs35,695 35,696 (1) 35,695 35,696 (1) 35,695 35,695 - 35,695 - BRADLEY CIRCUITS/RADIO TO BERNICE LK Total35,695 35,696 (1) 35,695 35,696 (1) 35,695 35,695 - 35,695 HEA- BRADLEY CIRCUITS BERNICE LK TO ANCHOther Costs29,773 29,524 249 29,773 29,194 579 29,773 29,773 - 29,773 - BRADLEY CIRCUITS BERNICE LK TO ANCH Total29,773 29,524 249 29,773 29,194 579 29,773 29,773 - 29,773 CEA - FERC 539 ‐ Misc. Hydraulic Power Generation Expenses Total 595,452       407,891       187,561          598,347     451,020     147,327       605,259      605,001              ‐                           605,001              (258)                         FERC 540 ‐ RentsFERC Land Use FeeBradley Lake OperatingOther Costs- (35,289) 35,289 - - - - - - - - Bradley Lake Operating Total- (35,289) 35,289 - - - - - - - - FERC 540 ‐ Rents Total ‐                    (35,289)         35,289             ‐                   ‐                   ‐                     ‐                    ‐                            ‐                            ‐                           AEA‐                                FERC 541 ‐ Maintenance Supervision & EngineeringMaint Supervision/EngBradley Lake OperatingLabor & Benefits195,817 181,894 13,923 114,456 84,904 29,552 114,456 114,758 - 114,758 302 Indirect Costs77,849 74,373 3,476 155,698 121,096 34,602 155,698 155,698 - 155,698 - Bradley Lake Operating Total273,666 256,267 17,399 270,154 206,000 64,154 270,154 270,456 - 270,456 302 - FERC 541 ‐ Maintenance Supervision & Engineering Total 273,666       256,267        17,399            270,154     206,000     64,154        270,154      270,456              ‐                           270,456             HEA302                          5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 7 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 542 ‐ Maintenance of StructuresMaintenance of StructuresBradley Lake OperatingLabor & Benefits85,438 67,934 17,504 76,499 62,612 13,887 77,639 77,639 - 77,639 0 Indirect Costs37,066 37,809 (743) 97,823 91,244 6,579 105,421 105,421 - 105,421 (0) Contractual10,000 - 10,000 91,000 3,682 87,318 59,000 89,000 - 89,000 30,000 Supplies & Materials53,713 46,903 6,810 88,713 39,489 49,224 100,713 243,713 - 243,713 143,000 Equipment, Furniture and Machinery7,000 6,879 121 32,000 22,552 9,448 52,000 23,000 - 23,000 (29,000) Maintenance Projects- - - - - - - - - - - Bradley Lake Operating Total193,217 159,525 33,692 386,035 219,579 166,456 394,773 538,773 - 538,773 144,000 BRADLEY UPGRADE CREWS QUARTERS/RESIDENCE KITCHENContractual165,000 - - - - - - - - - - BRADLEY UPGRADE CREWS QUARTERS/RESIDENCE KITCHEN165,000 - - - - - - - - - - FERC 542 ‐ Maintenance of Structures Total 358,217       159,525       198,692          386,035     219,579     166,456       394,773      538,773              ‐                           538,773             HEA144,000                  FERC 543 ‐ Maintenance of Reservoirs, Dams & WaterwaysMaint Res, Dams, WWaysBradley Lake OperatingLabor & Benefits45,552 4,723 40,829 45,080 1,335 43,745 40,744 40,744 - 40,744 0 Indirect Costs19,932 87 19,845 56,322 1,693 54,629 56,689 56,689 - 56,689 (0) Travel5,000 5,000 - 5,000 - Contractual6,500 7,600 (1,100) 6,500 - 6,500 6,500 6,500 - 6,500 - Supplies & Materials15,000 15,000 - 15,000 - Bradley Lake Operating Total71,984 12,410 59,574 107,902 3,028 104,874 123,933 123,933 - 123,933 - BRADLEY NUKA REPAIRContractual15,000 - 15,000 - - - - - - - - Supplies & Materials- - - - - - - - - - - Equipment, Furniture and Machinery- - - - - - - - - - - BRADLEY NUKA REPAIR Total15,000 - 15,000 - - - - - - - - BRADLEY POWER TUNNEL MAINT (Dam)Contractual15,000 - 15,000 15,000 - 15,000 15,000 15,000 - 15,000 - - BRADLEY POWER TUNNEL MAINT (Dam) Total15,000 - 15,000 15,000 - 15,000 15,000 15,000 - 15,000 - - FERC 543 ‐ Maintenance of Reservoirs, Dams & Waterways Total 101,984       12,410          89,574            122,902     3,028         119,874       138,933      138,933              ‐                           138,933             HEA‐                                5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 8 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 544 ‐ Maintenance of Electric PlantMaintenance of Elec PlantBradley Lake OperatingLabor & Benefits342,265 285,366 56,899 273,620 249,706 23,914 309,110 309,110 - 309,110 - Indirect Costs148,789 156,963 (8,174) 368,424 362,402 6,022 423,178 423,178 - 423,178 - Travel4,500 216 4,284 4,500 - 4,500 4,500 4,500 - 4,500 - Contractual70,000 69,475 525 49,000 19,661 29,339 86,000 49,000 - 49,000 (37,000) Supplies & Materials20,000 16,571 3,429 70,000 66,370 3,630 38,000 30,000 - 30,000 (8,000) Maintenance Projects- 44,926 (44,926) - - - - - - - - Bradley Lake Operating Total585,554 573,517 12,037 765,544 698,139 67,405 860,788 815,788 - 815,788 (45,000) BRADLEY HIGH BAY LIGHTS- Supplies & Materials30,000 - 30,000 - - - - - - - - BRADLEY HIGH BAY LIGHTS Total30,000 - 30,000 - - - - - - - - FERC 544 ‐ Maintenance of Electric Plant Total 615,554       573,517        42,037            765,544     698,139     67,405        860,788      815,788              ‐                           815,788             HEA(45,000)                   FERC 545 ‐ Maintenance of Misc. Hydraulic PlantMaint of Misc Hydr PlantBradley Lake OperatingLabor & Benefits85,438 70,963 14,475 69,395 62,843 6,552 69,297 69,297 - 69,297 (0) Indirect Costs37,066 39,864 (2,798) 92,318 91,280 1,038 98,957 98,957 - 98,957 0 Contractual3,900 - 3,900 3,900 6,763 (2,863) 3,900 3,900 - 3,900 - Supplies & Materials35,000 33,168 1,832 63,000 93,510 (30,510) 58,000 34,000 - 34,000 (24,000) Maintenance Projects- 314 (314) - - - Bradley Lake Operating Total161,404 143,995 17,409 228,613 254,710 (26,097) 230,154 206,154 - 206,154 (24,000) BRADLEY FISH WATER DSGN/MIDDLE FORK SHACK IMPRContractual- - - - - - - - - - - Supplies & Materials- - - - - - - - - - - BRADLEY FISH WATER DSGN/MIDDLE FORK SHACK IMPR Total- - - - - - - - - - - FERC 545 ‐ Maintenance of Misc. Hydraulic Plant Total 161,404       143,995        17,409            228,613     254,710     (26,097)       230,154      206,154              ‐                           206,154             HEA(24,000)                   5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 9 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 556 ‐ System Control & Load DispatchingSystem Cntl & Load DispBradley Lake OperatingLabor & Benefits21,506 20,920 586 21,140 37,092 (15,952) 21,140 19,708 - 19,708 (1,432) Contractual53,000 44,800 8,200 53,000 57,365 (4,365) 53,000 53,000 - 53,000 - Supplies & Materials6,000 613 5,387 6,000 3,204 2,796 6,000 6,000 - 6,000 - Equipment, Furniture and Machinery- - - - - - - - - - - Bradley Lake Operating Total80,506 66,333 14,173 80,140 97,661 (17,521) 80,140 78,708 - 78,708 HEA(1,432) BRADLEY EMERSON ANTIVIRUS UPGRADEContractual40,000 41,740 (1,740) - - - - - - - HEA- BRADLEY EMERSON ANTIVIRUS UPGRADE Total40,000 41,740 (1,740) - - - - - - - -  Snow MeasurementBradley Lake OperatingContractual12,000 10,000 2,000 10,000 10,000 - 10,000 10,000 - 10,000 AEA- Bradley Lake Operating Total12,000 10,000 2,000 10,000 10,000 - 10,000 10,000 - 10,000 -  Seismic ServiceBradley Lake OperatingContractual62,000 61,569 431 62,000 56,310 5,690 62,000 62,000 - 62,000 AEA- Bradley Lake Operating Total62,000 61,569 431 62,000 56,310 5,690 62,000 62,000 - 62,000 -  Streamguaging ServBradley Lake OperatingContractual206,291 186,291 20,000 209,917 189,917 20,000 183,615 218,000 - 218,000 AEA34,385 Bradley Lake Operating Total206,291 186,291 20,000 209,917 189,917 20,000 183,615 218,000 - 218,000 34,385 PermitsBradley Lake OperatingOther Costs350 250 100 350 758 (408) 350 350 - 350 AEA- Bradley Lake Operating Total350 250 100 350 758 (408) 350 350 - 350 - FERC 556 ‐ System Control & Load Dispatching Total 401,147       366,183        34,964            362,407     354,646     7,761           336,105      369,058              ‐                           369,058              32,953                    5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 10 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 562 ‐ Station ExpensesStation ExpensesSVC/Substation Maintenance ContractLabor & Benefits94,718 83,226 11,492 59,774 72,086 (12,312) 55,712 62,388 - 62,388 CEA6,677 Travel2,000 1,632 368 4,000 2,596 1,404 4,500 3,500 - 3,500 CEA(1,000) Contractual32,000 35,207 (3,207) 2,000 51,167 (49,167) 1,800 2,000 - 2,000 CEA200 Supplies & Materials21,000 17,692 3,308 12,000 613 11,387 10,000 10,000 - 10,000 CEA- Other Costs4,000 1,112 2,888 2,000 - 2,000 - 1,500 - 1,500 CEA1,500 Equipment, Furniture and Machinery- - - - - - - - - - CEA- Maintenance Projects- - - - - - - - - - CEA- Labor & Benefits- - - 27,298 - 27,298 27,298 71,759 - 71,759 HEA44,461 Contractual- - - - - - - 59,600 - 59,600 HEA59,600 Supplies & Materials- - - 10,000 - 10,000 34,000 5,000 - 5,000 HEA(29,000) Equipment, Furniture and Machinery- - - - - - 13,000 - - - HEA(13,000) - SVC/Substation Maintenance Contract Total153,718 138,869 14,849 117,072 126,462 (9,390) 146,309 215,747 - 215,747 69,438 FERC 562 ‐ Station Expenses Total 153,718       138,869        14,849            117,072     126,462     (9,390)         146,309      215,747              ‐                           215,747              69,438                    FERC 563 ‐ Weather Monitoring Power SupBradley Lake OperatingContractual‐                     ‐                      - ‐                     5,244            (5,244)           AEA‐                                 Bradley Lake Operating Total ‐                    ‐                     ‐                        ‐                   5,244          (5,244)         ‐                                FERC 571 ‐ Maintenance of Overhead LinesMaint of OH LinesBradley Lake OperatingLabor & Benefits31,120 12,110 19,010 27,459 2,507 24,952 27,459 27,963 - 27,963 504 Travel10,000 8,180 1,820 10,000 4,530 5,470 - - - - - Contractual50,000 17,875 32,125 50,000 66,884 (16,884) 100,000 100,000 - 100,000 - Supplies & Materials5,000 - 5,000 5,000 - 5,000 5,000 5,000 - 5,000 - Equipment, Furniture and Machinery- - - - 103 (103) - - - - - Bradley Lake Operating Total96,120 38,165 57,955 92,459 74,024 18,435 132,459 132,963 - 132,963 HEA504 FERC 571 ‐ Maintenance of Overhead Lines Total 96,120          38,165          57,955             92,459        74,024        18,435        132,459      132,963              ‐                           132,963              504                          5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 11 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 920 & 930 ‐ Administrative ExpenseAEA Bradley Admin FeesBradley Lake OperatingAdministrative Costs200,000 200,000 - 200,000 200,000 - 201,000 274,000 - 274,000 73,000 Administrative Costs2,500 2,500 - 2,500 - Travel3,500 - - - (3,500) Bradley Lake Operating Total200,000 200,000 - 200,000 200,000 - 207,000 276,500 - 276,500 AEA69,500 Operating Committee Exp‐AuditBradley Lake OperatingAdministrative Costs16,500 19,900 (3,400) 19,900 20,298 (398) 19,900 19,900                   ‐                              19,900                   AEA ‐                                 Bradley Lake Operating Total16,500 19,900 (3,400) 19,900 20,298 (398) 19,900 19,900 - 19,900 - Operating Committee Exp‐LegalBradley Lake OperatingAdministrative Costs25,000 140,453 (115,453) 30,000 215,162 (185,162) 70,000 70,000                   ‐                              70,000                   AEA ‐                                 Bradley Lake Operating Total25,000 140,453 (115,453) 30,000 215,162 (185,162) 70,000 70,000 - 70,000 - Operat Committee Exp‐ArbitrageBradley Lake OperatingAdministrative Costs2,935 2,785 150 3,000 2,685 315 5,000 5,000                     ‐                              5,000                     AEA ‐                                 Bradley Lake Operating Total2,935 2,785 150 3,000 2,685 315 5,000 5,000 - 5,000 - Trust & Account FeesBradley Lake OperatingAdministrative Costs11,918 11,918 - 11,918 12,118 (200) 13,000 13,000 - 13,000  AEA - Bradley Lake Operating Total11,918 11,918 - 11,918 12,118 (200) 13,000 13,000 - 13,000 - Misc AdminBradley Lake OperatingAdministrative Costs10,350 11,646 (1,296) 11,646 12,000 (354) 18,900 12,000 - 12,000  AEA (6,900) Bradley Lake Operating Total10,350 11,646 (1,296) 11,646 12,000 (354) 18,900 12,000 - 12,000 (6,900) FERC 920 & 930 ‐ Administrative Expense Total 266,703       386,702        (119,999)        276,464     462,263     (185,799)     333,800      396,400              ‐                           396,400              62,600                    5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 12 of 22 FY19  FY20  FY21  FY22   FY22   FY22   FY19 Amended Budget  Actual  (Over) Under Budget to date  FY20AmendedBudget  Actual  (Over) Under Budget to date FY21        Amended    Budget  FY22 ApprovedBudget  FY22 Proposed Changes  FY22 Amend 1Budget  Increase (Decrease) From PY FERC 924 & 925 ‐ Insurance PremiumsInsurance PremiumsBradley Lake OperatingAdministrative Costs600,834 599,218 1,616 575,000 613,782 (38,782) 692,019 650,000 200,000 850,000 AEA157,981 Administrative Costs56,000 18,422 37,578 56,000 39,347 16,653 56,000 16,000 16,000 HEA(40,000) Bradley Lake Operating Total656,834 617,640 39,194 631,000 653,129 (22,129) 748,019 666,000 200,000 866,000 117,981 Risk Management Bradley Lake OperatingAdministrative Costs- - - - - - - 25,000 25,000 CEA25,000 Bradley Lake Operating Total- - - - - - - 25,000 - 25,000 25,000 FERC 924 & 925 ‐ Insurance Premiums Total 656,834       617,640        39,194            631,000     653,129     (22,129)       748,019      691,000             200,000             891,000             142,981                  FERC 928 ‐ Regulatory Commission ExpensesFERC Admin FeesAdministrative Costs185,000 101,775 83,225 185,000 169,976 15,024 175,000 150,000 150,000 AEA (25,000) Bradley Lake Operating Total185,000 101,775 83,225 185,000 169,976 15,024 175,000 150,000 - 150,000 (25,000) FERC Related Prof ServicesFERC Part 12 InspectionAdministrative Costs- - - - - - 75,000 25,000 25,000 AEA (50,000) Contractual Engineer‐FERC license issuesAdministrative Costs125,000 104,560 20,440 100,000 88,256 11,744 110,000 180,000 180,000 AEA 70,000 Bradley Lake Operating Total125,000 - 125,000 100,000 88,256 11,744 185,000 205,000 - 205,000 20,000 FERC 928 ‐ Regulatory Commission Expenses Total 310,000       206,335       103,665          285,000     258,232     26,768        360,000      355,000              ‐                           355,000              (5,000)                     Total Bradley Lake Budget 4,787,467    4,019,975    767,492           5,351,042  4,773,126  577,915       5,628,702   5,747,908          200,000              5,947,908          319,206                  5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch BPage 13 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTMonthly Utility Contributions Schedule CFY2019 FY2020 FY2021 FY2022 FY2022 FY2022 FY2021 toPercent Amended Amended Amended Approved Proposed Amend 1 FY2022Power PurchaserShareBudgetBudgetBudgetBudgetChangesBudgetChangeChugach Electric (combined w ML&P) 56.3%10,701,072 11,026,056 9,235,126 5,685,020 256,728 5,941,748 (3,293,378) Homer Electric 12.0%2,280,864 2,350,140 1,968,409 1,211,726 54,720 1,266,446 (701,963) Matanuska Electric 13.8%2,622,996 2,702,664 2,263,673 1,393,487 62,928 1,456,415 (807,258) Golden Valley Electric 16.9%3,212,220 3,309,780 2,772,178 1,706,516 77,064 1,783,580 (988,598) City of Seward 1.0%190,068 195,840 164,035 100,977 4,560 105,537 (58,498) Rounding(1) 5 - 100.0%19,007,219 19,584,485 16,403,421 10,097,726 456,000 10,553,726 (5,849,695) Percent FY2019 FY2020 FY2021 FY2022Power PurchaserShareMonthly MonthlyMonthlyMonthlyChugach Electric (combined w ML&P) 56.3%891,756 918,838 900,902 473,752 21,394 495,146(405,756) Homer Electric 12.0%190,072 195,845 192,021 100,977 4,560 105,537(86,484) Matanuska Electric 13.8%218,583 225,222 220,826 116,124 5,244 121,368(99,458) Golden Valley Electric 16.9%267,685 275,815 270,431 142,210 6,422 148,632(121,799) City of Seward 1.0%15,839 16,320 16,002 8,415 380 8,795(7,207) - 100.0%1,583,935 1,632,040 1,600,181 841,477 38,000 879,477 (720,704) 5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch CPage 14 of 22 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT R&C Fund Disbursements and Repayments Schedule D Actual ACTUAL Actual ACTUAL PROJECTED PROJECTED PROJECTED PROJECTED TO REPAY TO REPAY TO REPAY TO REPAY Description Disburse at 06/30/19 Disburse at 06/30/20 Disburse at 06/30/21 Disburse at 06/30/22 R&C FUND PROJECTS Governor 0.00 4,052,070.14 0.00 4,052,070.14 0.00 4,052,070.14 0.00 4,052,070.14 Replace RFLS 0.00 251,092.69 0.00 251,092.69 0.00 251,092.69 0.00 251,092.69 Replace Runners 0.00 1,946,732.79 0.00 1,946,732.79 0.00 1,946,732.79 0.00 1,946,732.79 Replace cable from dam to power house 0.00 2,321,922.94 0.00 2,321,922.94 0.00 2,321,922.94 0.00 2,321,922.94 Replace power system stabilizer 0.00 619,205.10 0.00 619,205.10 0.00 619,205.10 0.00 619,205.10 Replace two RTUs 0.00 86,905.27 0.00 86,905.27 0.00 86,905.27 0.00 86,905.27 Culvert Repairs 0.00 675,966.79 0.00 675,966.79 0.00 675,966.79 0.00 675,966.79 Trans Towers Frost Jacking Repairs 0.00 887,596.62 0.00 887,596.62 0.00 887,596.62 0.00 887,596.62 Replace Plant and SCADA Controls 0.00 1,344,683.05 0.00 1,344,683.05 0.00 1,344,683.05 0.00 1,344,683.05 Vibration Monitoring System 0.00 490.00 0.00 490.00 0.00 490.00 0.00 490.00 Battle Creek Feasibility 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Fire Alarm System Replacement 0.00 0.00 41,179.09 41,179.09 150,000.00 191,179.09 150,000.00 341,179.09 Battle Creek Diversion 0.00 1,170,000.00 0.00 1,170,000.00 0.00 1,170,000.00 0.00 1,170,000.00 Replace Electro-Mechanical Relays 0.00 1,277,197.06 0.00 1,277,197.06 0.00 1,277,197.06 0.00 1,277,197.06 Fishwater Screen Debris Removal 0.00 312,236.43 0.00 312,236.43 0.00 312,236.43 0.00 312,236.43 Turbine Nozzle Repair 0.00 1,428,861.07 0.00 1,428,861.07 0.00 1,428,861.07 0.00 1,428,861.07 Spillway Raise 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 SVC replacement Daves Creek | Soldotna 0.00 8,517,991.11 0.00 8,517,991.11 0.00 8,517,991.11 0.00 8,517,991.11 Equipment Storage Shed 510,550.13 510,550.13 0.00 510,550.13 0.00 510,550.13 0.00 510,550.13 Emerson Operating System Upgrade 622,665.00 622,665.00 0.00 622,665.00 0.00 622,665.00 0.00 622,665.00 Generator #2 Relacement 582,341.67 582,341.67 370,871.04 953,212.71 0.00 953,212.71 0.00 953,212.71 Road Grader 0.00 0.00 0.00 0.00 370,000.00 370,000.00 0.00 370,000.00 Battle Creek Construction 0.00 3,666,000.00 3,666,000.00 0.00 3,666,000.00 Battle Creek Cash Call 0.00 750,000.00 750,000.00 0.00 750,000.00 Repayment through Cash Call 0.00 (750,000.00) (750,000.00) 0.00 (750,000.00) Needle Rapairs 0.00 1,500,000.00 1,500,000.00 0.00 1,500,000.00 Construct additional residence 0.00 0.00 980,000.00 980,000.00 Spillway Raise & Dixon Diversion 500,000.00 500,000.00 1,715,556.80 26,608,507.86 412,050.13 27,020,557.99 5,686,000.00 32,706,557.99 1,630,000.00 34,336,557.99 Current Year R&C Repayment (2,746,068.00) (2,121,396.10) (2,288,753.22) (2,360,901.73) Adjust bal to $5 mill (won't be corrected until year end) 0.00 0.00 0.00 0.00 Less Interest in Fund Applied to Repayment (117,149.21) (175,199.84) (269,486.35) 0.00 Net Transfer from Revenue Fund (2,863,217.21) (2,296,595.94) (2,558,239.57) (2,360,901.73) Cumulative Prior Years R&C Repayments (20,465,255.55) (23,240,089.01) (25,518,390.50) (28,076,630.07) Due back to Utilities 88,383.75 18,294.45 0.00 0.00 R&C Cumulative Interest (Retained) Applied As Part of Repayment 0.00 0.00 0.00 0.00 Net R&C Repayments (20,376,871.80) (23,221,794.56) (25,518,390.50)(28,076,630.07) NET DUE TO R&C FUND 3,368,418.85 1,502,167.49 4,629,927.92 3,899,026.19 R&C FUND CASH FLOW PROJECTION Beginning Investment Balance 1,013,291.03 2,435,913.25 3,922,231.19 370,072.08 Disbursements-current year (999,608.45) (412,050.13) (5,686,000.00) (1,630,000.00) Disbursements-prior year accrued 0.00 (309,844.12) (406,104.23) 0.00 R&C Repayment to utilities (440,986.54) (88,383.75) (18,294.45) 0.00 Net other cash inflow(outflow) 0.00 0.00 0.00 0.00 Current year interest earnings 117,149.21 175,199.84 269,486.35 0.00 Current year Participants Contributions to R&C 2,746,068.00 2,121,396.10 2,288,753.22 2,360,901.73 Ending Investment Balance 2,435,913.25 3,922,231.19 370,072.08 1,100,973.82 Accrued R&C Payable at year end-Due to Utilities (88,383.75) (18,294.45) 0.00 0.00 Accrued R&C vendor Payable at year end (715,948.35) (406,104.23) 0.00 0.00 PROJECTED NET DUE + ENDING INVESTMENT BALANCE 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 REPAYMENT AMOUNT $3,330,802.80 X 25% yr 1 | 32% yr 2 |25% yr 3 | 18% yr 4 4th yr 599,544.50 $5,644,193.08 x 25% all 4 years 3rd yr 1,411,048.27 4th yr 1,411,048.27 $1,341,405.96 x 25% all 4 years 2nd yr 335,351.49 3rd yr 335,351.49 4th yr 335,351.49 $1,715,556.80 x 25% all 4 years 1st yr 428,889.20 2nd yr 428,889.20 3rd yr 428,889.20 4th yr 428,889.20 $150,000 x 25% all 4 years 1st yr 103,012.53 2nd yr 103,012.53 3rd yr 103,012.53 $520,000 x 25% all 4 years 1st yr 1,421,500.00 2nd yr 1,421,500.00 1st yr 407,500.00 2,774,833.46 2,278,301.49 2,288,753.22 2,360,901.73 5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsx Sch D Page 15 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTBattle CreekCapital Purchases (not funded by R&C Fund)Schedule EFY19 FY20 FY21FY22 FY22 FY22Amended Approved Proposed Amend 1ActualsActualsBudgetBudgetChangesBudgetComments for FY22:Battle Creek Diversion 149,941 822,327 320,000 - Battle Creek Associated Costs 15,000 - 15,000 Small general parts for repairsVent Enlargment 50,000 - 50,000 Pressure Sensor w SCADA 25,000 - 25,000 Power feed to LBC Bridge 25,000 - 25,000 Total Non R&C Capital Purchases 149,941 822,327 320,000 115,000 - 115,000 Capital Construction Project Description5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch EPage 16 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTBattle Creek Operations & Maintenance BudgetSchedule FHEA262,438 319,073         (56,635) 268,524 332,875      (64,351) 92,569 - - - (92,569) CEA- ‐                       - - ‐                   - - - - - - AEA191,550 208,651         (17,101) 126,900 247,731      (120,831) 273,900 208,900 - 208,900 (65,000) BL- - - - - - 181,245 190,710 - 190,710 9,465 453,988           527,724          (73,736)          395,424          580,606       (185,182)              547,714              399,610              ‐                            399,610              (148,104)         ‐                      ‐                     ‐                    ‐                     ‐                  ‐                         ‐                         ‐                         ‐                      FY19 FY21 FY22 FY19 Amended Budget  Actual  (Over) Under Budget   FY20AmendedBudget  Actual  (Over) Under Budget   FY21AmendedBudget  FY22ApprovedBudget  FY22Proposed Changes  FY22Amend 1 Budget  Increase (Decrease) from PY Summary by cost type- - Administrative Costs453,988 527,724 (73,736) 395,424 580,606 (185,182) 255,469 82,900 - 82,900 (172,569) Battle Creek O&M ‐ Bradley Allocation- - - - - - 181,245 190,710 - 190,710 9,465 Battle Creek O&M111,000 126,000 - 126,000 15,000 453,988          527,724          (73,736)          395,424          580,606       (185,182)            547,714              399,610              ‐                           399,610              (148,104)        Bradley Lake O&M 4% charge to Battle Creek - Battle Creek O&M- - - - - - 181,245 190,710 - 190,710 BL9,465 FERC 537 ‐ Hydraulic ExpensesHydraulic ExpensesBattle Creek OperatingLabor & Benefits- - - - - - - - - - Indirect Costs- - - - - - - - - - Travel- - - - - - - - - - Training- - - - - - - - - - Contractual- - - - - - 66,000 81,000 81,000 AEA15,000 Supplies & Materials- - - - - - - - Equipment, Furniture and Machinery- - - - - - - - Bradley Lake Operating Total- - - - - - 66,000                81,000                ‐                           81,000               15,000 FERC 537 ‐ Hydraulic Expenses Total- - - - - - 66,000                81,000                ‐                           81,000               15,000 FERC 556 ‐ System Control & Load DispatchingStreamgaging ExpensesBattle Creek OperatingLabor & Benefits- - - - - - - - - - Indirect Costs- - - - - - - - - - Travel- - - - - - - - - - Training- - - - - - - - - - Contractual- - - - - - 45,000 45,000 45,000 AEA- Supplies & Materials- - - - - - - - - - Equipment, Furniture and Machinery- - - - - - - - - - Bradley Lake Operating Total- - - - - - 45,000                45,000                ‐                           45,000               - FERC 556 ‐ System Control & Load Dispatching Total- - - - - - 45,000               45,000                ‐                           45,000               -  FY20    5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch FPage 17 of 22 FY19 FY21 FY22 FY19 Amended Budget  Actual  (Over) Under Budget   FY20AmendedBudget  Actual  (Over) Under Budget   FY21AmendedBudget  FY22ApprovedBudget  FY22Proposed Changes  FY22Amend 1 Budget  Increase (Decrease) from PY FY20    - FERC 920 & 930 ‐ Administrative ExpenseBattle Creek Admin FeesAdministrative Costs8,193 7,421 772 12,274 12,274 0 11,419 - - HEA(11,419) Administrative Costs168,000 168,000 - 105,000 105,051 (51) 122,000 71,000 71,000 AEA(51,000) Battle Creek Admin Fees Total176,193 175,421 772 117,274 117,325 (51) 133,419 71,000 - 71,000 (62,419) Operating Committee Exp‐Owners RepresentativeAdministrative Costs254,245 311,652 (57,407) 256,250         320,601 (64,351) 81,150                ‐                           ‐                           HEA(81,150) Operating Committee Exp‐Owners Representative Total254,245 311,652 (57,407) 256,250 320,601 (64,351) 81,150 - - - (81,150) - Operating Committee Exp‐Legal- Administrative Costs15,000 34,795 (19,795) 15,000           135,880 (120,880) 30,000                5,000                  5,000                  AEA (25,000) Operating Committee Exp‐Legal  Total15,000 34,795 (19,795) 15,000 135,880 (120,880) 30,000 5,000 - 5,000 (25,000) - Operat Committee Exp‐Arbitrage- Administrative Costs2,000 1,690 310 2,000             1,690 310 2,000                  2,000                  2,000                  AEA - Operat Committee Exp‐Arbitrage Total2,000 1,690 310 2,000 1,690 310 2,000 2,000 - 2,000 - Trust & Account FeesAdministrative Costs6,550 4,083 2,467 4,800 5,000 (200) 8,800 4,800 4,800  AEA (4,000) Trust & Account Fees Total6,550 4,083 2,467 4,800 5,000 (200) 8,800 4,800 - 4,800 (4,000) Operating Committee Exp‐Other Administrative Costs- 83 (83) 100                 110 (10) 100                     100                     100                     AEA- Operating Committee Exp‐Other Total- 83 (83) 100 110 (10) 100 100 - 100 - - - FERC 920 & 930 ‐ Administrative Expense Total 453,988          527,724          (73,736)          395,424          580,606       (185,182)            255,469              82,900                ‐                           82,900                (172,569)        Total Bradley Lake Budget 453,988          527,724          (73,736)          395,424          580,606       (185,182)            547,714              399,610              ‐                           399,610              (148,104)        5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch FPage 18 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTBattle Creek Monthly Participating Purchaser ContributionsSchedule GFY2019 FY2020 FY2021 FY2022 FY2022 FY2022 FY2021 toPercent Amended Amended Amended Approved Proposed Amend 1 FY2022POWER PURCHASERShareBudgetBudgetBudgetBudgetChangesBudgetChangeChugach Electric Association 39.38%519,711 1,008,930 2,367,938 1,403,682 - 1,403,682 (964,256) Municipal Light & Power 0.00%- - - - - - - Homer Electric Association 41.44%546,898 1,061,708 2,491,807 1,477,109 - 1,477,109 (1,014,698) Matanuska Electric Association 17.88%235,968 458,092 1,075,133 637,324 - 637,324 (437,809) Golden Valley Electric Association 0.00%- - - - - - - City of Seward 1.30%17,157 33,306 78,169 46,338 - 46,338 (31,831) Rounding- 100.00%1,319,734 2,562,036 6,013,047 3,564,453 - 3,564,453 (2,448,594) FY2021 FY2022 FY2021 toPercent FY2019 FY2020Amended Draft FY2022POWER PURCHASERShareMonthlyMonthlyBudgetBudgetChangeChugach Electric Association 39.38%43,309 86,867 220,385 116,974 - 116,974 (103,412) Municipal Light & Power 0.00%- - - - - - - Homer Electric Association 41.44%45,575 91,411 231,913 123,092 - 123,092 (108,821) Matanuska Electric Association 17.88%19,664 39,441 100,063 53,110 - 53,110 (46,953) Golden Valley Electric Association 0.00%- - - - - - - City of Seward 1.30%1,430 2,868 7,275 3,862 - 3,862 (3,414) - - 100.0%109,978 220,587 559,636 297,038 - 297,038 (262,598) 5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch G Page 19 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTSSQ Line Capital Purchases (not funded by R&C Fund)Schedule HFY19 FY20 FY21FY22 FY22 FY22Amended Approved Proposed Amend 1ActualsActualsBudgetBudgetChangesBudgetComments for FY22:SQ Line Access Documentation 150,000 - - - SQ Line Acquisition Costs 40,000 - - - Total Non R&C Capital Purchases - - 190,000 - - - Capital Project Description5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch HPage 20 of 22 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT SSQ Line Operations and Maintenance Budget Schedule I HEA 150,000 230,523 70,000 300,523 150,523 CEA - - - - - AEA 20,000 144,000 - 144,000 124,000 170,000                374,523                70,000                 444,523                  274,523                ‐                             ‐                             ‐                             FY21  FY22   FY21              Amended          Budget   FY22  Approved Budget   FY22  Proposed Changes   FY22  Amend 1 Budget   Increase  (Decrease) From  PY  Summary by cost type Labor & Benefits 32,500 55,523 30,297 85,820 53,320 Indirect Costs - - - - - Travel - - - - - Training - - - - - Contractual 110,000 250,000 - 250,000 140,000 Supplies & Materials 7,500 25,000 31,992 56,992 49,492 Other Costs - - 7,711 7,711 7,711 Equipment, Furniture and Machinery - - - - - Maintenance Projects - - - - - Administrative Costs 20,000 44,000 - 44,000 24,000 170,000              374,523 70,000 444,523 274,523               FERC 571 ‐ Maintenance of Overhead Lines Maint of OH Lines SQ Line Labor & Benefits 32,500 55,523 30,297 85,820 HEA 53,320 Travel - - - - - Contractual 110,000 150,000 - 150,000 HEA 40,000 Contractual - 100,000 - 100,000 AEA 100,000 Supplies & Materials 7,500 25,000 31,992 56,992 HEA 49,492 Other Costs - - 7,711 7,711 HEA 7,711 SQ Line Total 150,000 330,523 70,000 400,523 250,523 FERC 571 ‐ Maintenance of Overhead Lines Total 150,000                 330,523                 70,000                   400,523                 250,523                 FERC 920 & 930 ‐ Administrative Expense AEA Bradley Admin Fees Bradley Lake Operating Administrative Costs 20,000 42,000 42,000 AEA 22,000 Bradley Lake Operating Total 20,000 42,000 - 42,000 22,000 SSQ Line Trust & Account Fees SQ Line Administrative Costs - 2,000 2,000 AEA 2,000 SQ Line Total - 2,000 - 2,000 2,000 - FERC 920 & 930 ‐ Administrative Expense Total 20,000                  44,000                  ‐                             44,000                    24,000                  Total Bradley Lake Budget 170,000              374,523               70,000                 444,523                 274,523               5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch I Page 21 of 22 ALASKA ENERGY AUTHORITYBRADLEY LAKE HYDROELECTRIC PROJECTSSQ LineMonthly Utility Contributions Schedule JFY2021 FY2022 FY2022 FY2022 FY2021 toPercent Amended Draft Proposed Amend 1 FY2022Power PurchaserShareBudgetBudgetChangesBudgetChangeChugach Electric (combined w ML&P) 56.3%202,680 233,885 47,292 281,177 31,205 Homer Electric 12.0%43,200 49,851 10,080 59,931 6,651 Matanuska Electric 13.8%49,680 57,329 11,592 68,921 7,649 Golden Valley Electric 16.9%60,840 70,207 14,196 84,403 9,367 City of Seward 1.0%3,600 4,154 840 4,994 554 Rounding- 100.0%360,000 415,426 84,000 499,426 55,426 FY2022 FY2022Power PurchaserPercent FY2021 FY2022 ProposedAmend 1ShareMonthlyMonthlyChangesBudgetChugach Electric (combined w ML&P) 56.3%16,890 19,490 3,941 23,431 2,600 Homer Electric 12.0%3,600 4,154 840 4,994 554 Matanuska Electric 13.8%4,140 4,777 966 5,743 637 Golden Valley Electric 16.9%5,070 5,851 1,183 7,034 781 City of Seward 1.0%300 346 70 416 46 - 100.0%30,000 34,619 7,000 41,619 4,619 5/12/20214:31 PM2022-BradleyBudget-Proposed Budget Amend 1.xlsxSch J Page 22 of 22 Bradley Lake Operator Report Page 1 Bradley Lake Operator Report BPMC May 21, 2021 Unit Statistics: Generation Unit 1 (MWhrs) Unit 2 (MWhrs) Total (MWhrs) March 2021 April 2021 34,777 28,301 0 11,264 34,770 39,565 Hydraulics Avg. Lake Level (ft.) Usage (ac ft.) Fish water (CFS) March 2021 April 2021 1123.3 1107.2 35,751 41,118 49.1 AVG 67.8 AVG Battle Creek Inflows to Bradley Fish Water March 2021 April 2021 0 0 0 0 Lake Level – 1095’ as of May 13. 2021 Capital Projects: 1) Unit 2 Needle Repair – Unit 2 was repaired and returned to service on about Monday April 13, 2 days before the scheduled return date. 2) Mechanical Divider issue – Unit 2 dividers were replaced as a part of the Unit 2 needle job. 3) Unit 2 pole connections– Unit 2 pole connections were inspected prior to returning Unit 2 to service. No issues were seen. 4) Unit 2 commutator and brushes - Unit 2 commutator and brushes we inspected, replaced as necessary and seated. Unit 2 commutator is in good shape. 5) Needle Overhaul Unit 1 and Unit 2 – Because the required repairs to the needle pistons was greater than first anticipated, the contamination of the oil in Unit 1, the failure of Unit 1 after repair and the required MOB / DEMOB for the job (twice), the total cost of the overhaul is going to exceeded the original estimate of $900,000. The latest estimate from accounting points in the neighborhood of 1.3 million. Bradley Lake Operator Report Page 2 6) Needle cone re-use – we are investigating the ability to re-furbish and re-use the needle cones during overhaul. New the cones cost about $12K each, we should be able to make repairs and re-use them at a fraction of the cost. 7) New building – both the architect and structural engineer were on site to look at the new building design. We are moving forward but the cost of materials to build has skyrocketed and may delay the project. Wood is four times the cost of 1 year ago. Some materials are not available. This is a multi-year project but if the price increases remain we will be looking for extra monies to complete. 8) Bridges – the bridge structural wood is in very poor shape, at best we will need to placard the bridges as “unsafe” or remove the timbers. The engineer is looking into alternatives for us to make the bridges useful for smaller vehicles, pickup or foot traffic. Right now, the bridges are a hazard. 9) IRIS Generator Monitoring – we are attempting to schedule IRIS for the installation of the generator monitoring system. This was delayed by Battle Creek, the needle repair and COVID. 10) Oil Release – Bradley suffered a small oil release on April 22 (see attached report). The release was quickly spotted and dealt with immediately. Less than 1 quart of oil was lost. 11) Fire system – this project has been on hold due to Battle Creek, the needle repair and COVID but we are now trying to get it restarted with PDC. 12) Soldotna SVC Batteries - I was notified by the operations department of issues with the batteries at the Soldotna SVC, they are reaching the end of their life and require replacement. The current estimate is $61k to accomplish the work. This work must be done. We are working with the budget subcommittee to produce a budget amendment to fund this work. 13) Flyover of Battle Creek - see the attached photo, there is a lot of snow in Battle Creek. 14) Road to the Dam – We can get to about mile 4.5 (the dam is at mile 8). The road remains impassible due to snow. 15) Inflows – Things are starting to loosen up, inflows are near equal to the usage and I do not expect us to drop much lower than 1094’ elevation. Operations, Maintenance, and Inspections: 1) Operations- Since completing the needle job, save for the oil release (OOS 15 hours) the units have been operating as needed. 2) Safety meeting – Meeting was held in April. Bradley Lake Operator Report Page 3 3) Wildlife awareness / Gun Safety – Training on wildlife awareness and gun safety was held at Bradley on May 10, we have already seen bears out and about. 4) Staffing Changes - Joshua Mullican (trainee) has left for another job, we have hired a new trainee, Montana Pearson, as a replacement. I remain concerned about the “graying” of the Bradley staff and see a number of retirements coming in the next couple of years. Installing the needle in the turbine pit of Unit 2 Bradley Lake Operator Report Page 4 The fire piping that needs replacement Bradley Lake Operator Report Page 5 Battle Creek Diversion is all snowed in Bradley Lake Operator Report Page 6 Edge of the bridge near Martin River Bradley Lake Operator Report Page 7 Bridge near Martin River is in bad shape Bradley Lake Operator Report Page 8 Bridge at Battle Creek is in a little better shape but is still not in great shape. Report of Bradley Lake oil release into Kachemak Bay Date of Occurrence: April 22, 2021 Date of this report: April 23, 2021 Reported by: Robert Day, PE Manager of Bradley Lake Hydro General description of the Bradley Lake setup / operation for those not familiar with the facility. Water from the Bradley Lake (elevation 1080’) passes through a penstock to the powerhouse (elevation 5’). At the powerhouse hydraulically, controlled valves govern the amount of water released. Released water, under high pressure, impacts a water wheel or turbine. The turbine generates electricity. The spent water exits the turbine pit through the tail race. We have the ability to place a barrier, called a stop log, at the exit to prevent water from coming into the tailrace / turbine pit from the bay side and to prevent water in the turbine pit / tailrace from exiting to the bay. Weather estimated to be 48 Degrees, 3 to 16 Knot winds, overcast skies, weather was suitable for flying to and from Bradley. At about 1900 Hours Robert Day received a report of an oil sheen from the Plant operator, we discussed options and I directed the Plant operator to notify Dispatch, shut down Unit 2 and deploy boom over the tail race exit. We planned on putting out absorbent material to capture any oil. As we progressed in the shutdown process it became clear that deploying the boom would not be effective and a better response would be to place the stop log in the tail race. Timely notification was made to all agencies specifically the owner, the State DEC and the Coast Guard. At around 2125 Hours the Operator found the source of leak, 1 drop every 5 minutes, estimated a total loss of less than 1 quart. At 2131 Hours I was notified by the plant operator that the fix was complete. I requested a tub be place under the leak and we monitor until the morning. The stop log remained in place. 2131+ Hours I Notified Coast Guard, 910 734 7745, of fix, he indicated that with the quantity of 1 quart no further report back to NRC was required. Directly after that I emailed Melissa Woodgate of ADEC of the volume lost and the repair. Then I sent a text to all HEA managers containing notification of the repair. Friday April 23, 2021 Just before 8 am I received a call from DEC, Dave Blossom 907 398 7073 and we talked over the details and I informed him of the fix and clean up. He indicated that we were complete. 1030 Hours Unit 2 was restarted after cleaning the trapped water in the tail race with absorbent snakes. Operator reported no sheen present, Unit was returned to service. 1030 to 1100 Notified all of completion of repair. END OF REPORT Initial sheen seen at 1900 Hours The pipe plug (on the vent) that was leaking Bradley O&D Report to the BPMC Friday May 21, 2021 1. Report from the Bradley O&D Committee Meeting May 7, 2021 2. Members Present: Sarauer (GVEA); Thornton (CEA); Patrick (HEA); Day (HEA); Crowell (MEA); Carey (AEA); 3. SVC Maintenance Agreement, there are two maintenance agreements with ABB one for each SVC for each of the utilities HEA and Chugach. The two utilities are looking at updating the agreements to include additional services including annual site inspection and training. The utilities are seeking direction on if these agreements should be managed by the AEA. The Bradley O&D agreed that Maintenance agreement should be utility managed. Bradley O&D assigned determination to be made by Steve Canon and Adam Vogel with regard to the scope of the maintenance agreements. 4. Battery failure at Soldotna SVC. Battery has been taken out of service and temporary battery connected. Proposed project to replace would be for FY 22 for approximately $70,000. Moton to approve Soldotna SVC battery for FY 22 at an estimated cost of $70,000. Motion by Bryan, Second by Andy. Motion passed without objection 5. Bradley Statement of Values, New insurance requires a statement of values that is the basis for the insure. We usually escalate the value 2%. $463M this year. Construction is not usually added. Bradley O&D needs to approve the 2% escalation. Insurance is based on the maximum probable loss. This escalation will only impact the cost of the policy. O&d Members agreed to support the 2% escalation. 6. Dam & Spillway rise. There will need to be a vegetation impact study to raise the Bradley Dam. DOW will look at stream this summer to determine expected impact to Bradley. Motion to add $200,000 on the R&C project for spillway raise and change the name of project. Passed on unanimous vote. Bradley Lake Budget to Actual Expense Report 07/01/2020 to 03/31/2021 Page 1 of 9 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Schedule A-1 Expenses for the period 07/01/20 to 03/31/21 FY19 FY20 FY21 FY21 ACTUALS ACTUALS BUDGET ACTUALS Replace/Automate Fish Water Valve Actuators 17,142        2,931           40,000 Replace 1988 Suburban Ambulance 5,350          - Tire Machine 15,246 - Battle Creek Bridge Repair - - - 99,302 UPS Replacement 65,696 37,000 34,438 IRIS Air Gap Monitoring System (computer) 41,720 45,000 Replace Dump Truck and Sander 170,000 166,608 Rough Terrain Fork Lift (with Plow) 131,593 - Pick up Truck 41,484 - KVM switch for Emerson - 3,000 Spare Trash Pump - 20,000 Housing Preliminary Design - 10,000 9,500 Emerson Cybersecurity Update - 137,000 138,555 SQ Line Access Documentation 150,000 46,488 SQ Line Acquisition Costs 40,000 Total Non R&C Capital Purchases 37,738 283,425 652,000 494,890 CAPITAL PURCHASES NOT FUNDED BY R&C FUND Page 2 of 9 ALASKA ENERGY AUTHORITY BRADLEY LAKE OPERATIONS & MAINTENANCE SCHEDULE B BUDGET TO ACTUAL EXPENSES FOR THE PERIOD 07/01/2020 THROUGH 03/31/2021 FY 21 FY 20  FY21 Approved  Budget   BUDGET %   07/01/2020 ‐  03/31/2021  HEA Actual  CEA Actual  AEA Actual  Total Actual   (Over) Under  Budget to Date   FY20 Approved  Budget  FY20 Actual  Summary by expense type AIDEA Staff Professional Services (Direct) ‐                        ‐                            ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                       Labor & Benefits 1,445,789            1,084,343                845,192              16,322                212                      861,727               222,616                1,219,936           1,011,432           Travel 44,950                 33,713                     610                      20                        ‐                       630                       33,083                  45,950                10,512                Training 49,300                 36,975                     19,438                ‐                       ‐                       19,438                 17,537                  49,300                14,875                Contractual 954,340               715,755                   363,433              ‐                       201,517              564,950               150,805                869,842              655,575              Contractual ‐ Design Services 59,000                 44,250                     ‐                       ‐                       ‐                       ‐                        44,250                  ‐                       ‐                       Consulting‐Administrative 2,500                    1,875                       ‐                       ‐                       3,000                   3,000                    (1,125)                   ‐                       ‐                       Supplies & Materials 396,845               297,634                   141,640              ‐                       ‐                       141,640               155,994                346,345              262,370              Other Costs 70,818                 53,114                     28,874                21,872                100                      50,845                 2,269                     67,818                65,648                Equipment, Furniture and Machinery 170,000               127,500                   20,805                ‐                       ‐                       20,805                 106,695                176,000              127,535              Maintenance Projects ‐                        ‐                            ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       313                      Administrative Costs 1,274,574            955,930                   29,866                ‐                       789,774              819,640               136,290                1,192,464           1,373,624           Indirect Costs 1,330,587            997,942                   1,066,183           ‐                       ‐                       1,066,183           (68,241)                 1,383,388           1,251,242           5,798,703            4,349,031           2,516,041          38,214                994,603              3,548,858          800,173                5,351,043          4,773,126          FERC 535 ‐ Operation Supervision & Engineering Operations Sup/Eng Bradley Lake Operating Labor & Benefits 107,453                80,590                 73,971                ‐                       ‐                       73,971                 6,619                     107,453              89,713                Travel 10,450                  7,838                    408                      ‐                       ‐                       408                       7,430                     10,450                246                      Training 9,300                     6,975                    2,076                   ‐                       ‐                       2,076                    4,899                     9,300                   991                      Contractual 11,000                  8,250                    ‐                       ‐                       ‐                       ‐                        8,250                     1,000                   173                      Supplies & Materials 4,000                     3,000                    2,444                   ‐                       ‐                       2,444                    556                        4,000                   3,698                   Indirect Costs 155,698                116,774               103,152              ‐                       ‐                       103,152               13,622                  155,698              128,545              Bradley Lake Operating Total 297,901                223,427               182,051              ‐                       ‐                       182,051               41,376                  287,901              223,366              FERC 535 ‐ Operation Supervision & Engineering Total 297,901                223,427                182,051                ‐                         ‐                         182,051                41,376                  287,901                223,366                FERC 537 ‐ Hydraulic Expenses Hydraulic Expenses Bradley Lake Operating Labor & Benefits 84,192                  63,144                 59,343                ‐                       ‐                       59,343                 3,801                     84,081                67,694                Travel 10,000                  7,500                    129                      ‐                       ‐                       129                       7,371                     10,000                ‐                       Contractual (37,000)                 (27,750)                32,071                ‐                       ‐                       32,071                 (59,821)                 22,000                ‐                       Contractual ‐ Design Services 59,000                  44,250                 ‐                       ‐                       ‐                       ‐                        44,250                  ‐                       ‐                       Supplies & Materials 59,000                  44,250                 2,297                   ‐                       ‐                       2,297                    41,953                  19,000                9,806                   Equipment, Furniture and Machinery 32,000                  24,000                 ‐                       ‐                       ‐                       ‐                        24,000                  81,000                13,368                Indirect Costs 114,320                85,740                 80,457                ‐                       ‐                       80,457                 5,283                     107,519              98,886                Bradley Lake Operating Total 321,512                241,134               174,297              ‐                       ‐                       174,297               66,837                  323,600              189,754              Bradley Battle Creek Diversion Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                       FERC 537 ‐ Hydraulic Expenses Total 321,512                241,134                174,297                ‐                         ‐                         174,297                66,837                  323,600                189,754                FERC 538 ‐ Electric Expenses Electric Expenses Bradley Lake Operating Labor & Benefits 218,044                163,533               198,515              ‐                       ‐                       198,515               (34,982)                 208,745              210,745              Travel 7,000                     5,250                    73                        ‐                       ‐                       73                         5,177                     7,000                   3,140                   Training 25,000                  18,750                 17,362                ‐                       ‐                       17,362                 1,388                     25,000                13,884                Contractual 2,000                     1,500                    ‐                       ‐                       ‐                       ‐                        1,500                     7,000                   2,587                   Supplies & Materials 41,732                  31,299                 23,671                ‐                       ‐                       23,671                 7,628                     50,732                14,111                Other Costs 5,000                     3,750                    2,102                   ‐                       ‐                       2,102                    1,648                     ‐                       ‐                       Equipment, Furniture and Machinery 73,000                  54,750                 8,578                   ‐                       ‐                       8,578                    46,173                  63,000                91,512                Indirect Costs 262,004                196,503               228,408              ‐                       ‐                       228,408               (31,905)                 242,067              257,551              Bradley Lake Operating Total 633,780                475,335               478,708              ‐                       ‐                       478,708               (3,373)                   603,544              593,531              FERC 538 ‐ Electric Expenses Total 633,780                475,335                478,708                ‐                         ‐                         478,708                (3,373)                   603,544                593,531                FERC 539 ‐ Misc. Hydraulic Power Generation Expenses Misc Hydro Power Exp Bradley Lake Operating Labor & Benefits 105,047                78,785                 58,319                ‐                       ‐                       58,319                 20,466                  104,936              70,195                Training 15,000                  11,250                 ‐                       ‐                       ‐                       ‐                        11,250                  15,000                ‐                       Contractual 287,525                215,644               172,459              ‐                       ‐                       172,459               43,185                  287,525              185,822              Supplies & Materials 17,900                  13,425                 19,543                ‐                       ‐                       19,543                 (6,118)                   17,900                31,569                Other Costs 65,468                  49,101                 ‐                       ‐                       ‐                       ‐                        49,101                  ‐                       ‐                       Indirect Costs 114,320                85,740                 79,059                ‐                       ‐                       79,059                 6,681                     107,519              98,544                Bradley Lake Operating Total 605,260                453,945               329,380              ‐                       ‐                       329,380               124,565                532,880              386,130              BRADLEY CIRCUITS/RADIO TO BERNICE LK Other Costs ‐                         ‐                        26,772                ‐                       ‐                       26,772                 (26,772)                 35,695                35,696                BRADLEY CIRCUITS/RADIO TO BERNICE LK Total ‐                         ‐                        26,772                ‐                       ‐                       26,772                 (26,772)                 35,695                35,696                BRADLEY CIRCUITS BERNICE LK TO ANCH Other Costs ‐                         ‐                        ‐                       21,872                ‐                       21,872                 (21,872)                 29,773                29,194                BRADLEY CIRCUITS BERNICE LK TO ANCH Total ‐                         ‐                        ‐                       21,872                ‐                       21,872                 (21,872)                 29,773                29,194                FERC 539 ‐ Misc. Hydraulic Power Generation Expenses Total 605,260                453,945                356,152                21,872                  ‐                         378,024                75,921                  598,348                451,020                FERC 541 ‐ Maintenance Supervision & Engineering Maint Supervision/Eng Bradley Lake Operating Labor & Benefits 270,154                202,616               72,758                ‐                       ‐                       72,758                 129,858                114,456              84,904                Indirect Costs ‐                         ‐                        103,537              ‐                       ‐                       103,537               (103,537)               155,698              121,096              \\192.168.1.11\share\Accounting\AEA FY21 FS Shared Files\Bradley Lake\Monthly Reports\03 2021\03 2021 Monthly ReportV2.xlsx 3 of 9 5/12/2021 ALASKA ENERGY AUTHORITY BRADLEY LAKE OPERATIONS & MAINTENANCE SCHEDULE B BUDGET TO ACTUAL EXPENSES FOR THE PERIOD 07/01/2020 THROUGH 03/31/2021 FY 21 FY 20  FY21 Approved  Budget   BUDGET %   07/01/2020 ‐  03/31/2021  HEA Actual  CEA Actual  AEA Actual  Total Actual   (Over) Under  Budget to Date   FY20 Approved  Budget  FY20 Actual  Bradley Lake Operating Total 270,154                202,616               176,294              ‐                       ‐                       176,294               26,322                  270,154              206,000              FERC 541 ‐ Maintenance Supervision & Engineering Total 270,154                202,616                176,294                ‐                         ‐                         176,294                26,322                  270,154                206,000                FERC 542 ‐ Maintenance of Structures Maintenance of Structures Bradley Lake Operating Labor & Benefits 77,639                  58,229                 53,836                ‐                       ‐                       53,836                 4,393                     76,499                62,612                Contractual 59,000                  44,250                 140                      ‐                       ‐                       140                       44,110                  91,000                3,682                   Supplies & Materials 100,713                75,535                 9,902                   ‐                       ‐                       9,902                    65,633                  88,713                39,489                Equipment, Furniture and Machinery 52,000                  39,000                 12,227                ‐                       ‐                       12,227                 26,773                  32,000                22,552                Indirect Costs 105,421                79,066                 73,321                ‐                       ‐                       73,321                 5,745                     97,823                91,244                Bradley Lake Operating Total 394,773                296,080               149,427              ‐                       ‐                       149,427               146,653                386,035              219,579              BRADLEY CIRCUITS/RADIO TO BERNICE LK BRADLEY CIRCUITS/RADIO TO BERNICE LK Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                       BRADLEY CIRCUITS BERNICE LK TO ANCH BRADLEY CIRCUITS BERNICE LK TO ANCH Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                       FERC 542 ‐ Maintenance of Structures Total 394,773                296,080                149,427                ‐                         ‐                         149,427                146,653                386,035                219,579                FERC 543 ‐ Maintenance of Reservoirs, Dams & Waterways Maint Res, Dams, WWays Bradley Lake Operating Labor & Benefits 40,744                  30,558                 160                      ‐                       ‐                       160                       30,398                  45,080                1,335                   Travel 5,000                     3,750                    ‐                       ‐                       ‐                       ‐                        3,750                     ‐                       ‐                       Contractual 21,500                  16,125                 ‐                       ‐                       ‐                       ‐                        16,125                  6,500                   ‐                       Supplies & Materials 15,000                  11,250                 ‐                       ‐                       ‐                       ‐                        11,250                  ‐                       ‐                       Indirect Costs 56,689                  42,517                 249                      ‐                       ‐                       249                       42,268                  56,322                1,693                   Bradley Lake Operating Total 138,933                104,200               409                      ‐                       ‐                       409                       103,791                107,902              3,027                   BRADLEY POWER TUNNEL MAINT (Dam) Contractual ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         15,000                ‐                       BRADLEY POWER TUNNEL MAINT (Dam) Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         15,000                ‐                       FERC 543 ‐ Maintenance of Reservoirs, Dams & Waterways Tota 138,933                104,200                409                        ‐                         ‐                         409                        103,791                122,902                3,027                    FERC 544 ‐ Maintenance of Electric Plant Maintenance of Elec Plant Bradley Lake Operating Labor & Benefits 309,110                231,833               246,504              ‐                       ‐                       246,504               (14,671)                 273,620              249,706              Travel 4,500                     3,375                    ‐                       ‐                       ‐                       ‐                        3,375                     4,500                   ‐                       Contractual 86,000                  64,500                 12,190                ‐                       ‐                       12,190                 52,310                  49,000                19,661                Supplies & Materials 38,000                  28,500                 22,799                ‐                       ‐                       22,799                 5,701                     70,000                66,370                Indirect Costs 423,178                317,384               323,082              ‐                       ‐                       323,082               (5,698)                   368,424              362,402              Bradley Lake Operating Total 860,788                645,592               604,574              ‐                       ‐                       604,574               41,018                  765,544              698,139              FERC 544 ‐ Maintenance of Electric Plant Total 860,788                645,592                604,574                ‐                         ‐                         604,574                41,018                  765,544                698,139                FERC 545 ‐ Maintenance of Misc. Hydraulic Plant Maint of Misc Hydr Plant Bradley Lake Operating Labor & Benefits 69,297                  51,973                 55,842                ‐                       ‐                       55,842                 (3,869)                   69,395                62,843                Contractual 3,900                     2,925                    ‐                       ‐                       ‐                       ‐                        2,925                     3,900                   6,763                   Supplies & Materials 58,000                  43,500                 60,172                ‐                       ‐                       60,172                 (16,672)                 63,000                93,510                Maintenance Projects ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       313                      Indirect Costs 98,957                  74,218                 74,918                ‐                       ‐                       74,918                 (700)                       92,318                91,280                Bradley Lake Operating Total 230,154                172,616               190,933              ‐                       ‐                       190,933               (18,317)                 228,613              254,710              FERC 545 ‐ Maintenance of Misc. Hydraulic Plant Total 230,154                172,616                190,933                ‐                         ‐                         190,933                (18,317)                 228,613                254,710                FERC 556 ‐ System Control & Load Dispatching System Cntl & Load Disp Bradley Lake Operating Labor & Benefits 21,140                  15,855                 13,743                ‐                       ‐                       13,743                 2,112                     21,140                37,091                Contractual 53,000                  39,750                 4,321                   ‐                       ‐                       4,321                    35,429                  53,000                57,365                Supplies & Materials 6,000                     4,500                    813                      ‐                       ‐                       813                       3,687                     6,000                   3,204                   Bradley Lake Operating Total 80,140                  60,105                 18,877                ‐                       ‐                       18,877                 41,228                  80,140                97,661                Bradley Battle Creek Diversion Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                        Snow Measurement Bradley Lake Operating Contractual 10,000                  7,500                    ‐                       ‐                       10,000                10,000                 (2,500)                   10,000                10,000                Bradley Lake Operating Total 10,000                  7,500                    ‐                       ‐                       10,000                10,000                 (2,500)                   10,000                10,000                 Seismic Service Bradley Lake Operating Contractual 62,000                  46,500                 ‐                       ‐                       43,282                43,282                 3,218                     62,000                56,310                Bradley Lake Operating Total 62,000                  46,500                 ‐                       ‐                       43,282                43,282                 3,218                     62,000                56,310                 Streamguaging Serv Bradley Lake Operating Contractual 183,615                137,711               ‐                       ‐                       145,211              145,211               (7,500)                   209,917              189,917              Bradley Lake Operating Total 183,615                137,711               ‐                       ‐                       145,211              145,211               (7,500)                   209,917              189,917              Permits Bradley Lake Operating Other Costs 350                        263                       ‐                       ‐                       100                      100                       163                        350                      758                      Bradley Lake Operating Total 350                        263                       ‐                       ‐                       100                      100                       163                        350                      758                      FERC 556 ‐ System Control & Load Dispatching Total 336,105                252,079                18,877                  ‐                         198,593                217,470                34,609                  362,407                354,646                \\192.168.1.11\share\Accounting\AEA FY21 FS Shared Files\Bradley Lake\Monthly Reports\03 2021\03 2021 Monthly ReportV2.xlsx 4 of 9 5/12/2021 ALASKA ENERGY AUTHORITY BRADLEY LAKE OPERATIONS & MAINTENANCE SCHEDULE B BUDGET TO ACTUAL EXPENSES FOR THE PERIOD 07/01/2020 THROUGH 03/31/2021 FY 21 FY 20  FY21 Approved  Budget   BUDGET %   07/01/2020 ‐  03/31/2021  HEA Actual  CEA Actual  AEA Actual  Total Actual   (Over) Under  Budget to Date   FY20 Approved  Budget  FY20 Actual  FERC 562 ‐ Station Expenses Station Expenses Bradley Lake Operating Labor & Benefits 83,010                  62,258                 12,201                16,322                212                      28,735                 33,523                  87,072                72,086                Travel 4,500                     3,375                    ‐                       20                        ‐                       20                         3,355                     4,000                   2,596                   Contractual 1,800                     1,350                    42,875                ‐                       3,024                   45,899                 (44,549)                 2,000                   51,167                Supplies & Materials 44,000                  33,000                 ‐                       ‐                       ‐                       ‐                        33,000                  22,000                613                      Other Costs ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         2,000                   ‐                       Equipment, Furniture and Machinery 13,000                  9,750                    ‐                       ‐                       ‐                       ‐                        9,750                     ‐                       ‐                       Bradley Lake Operating Total 146,310                109,733               55,075                16,342                3,236                   74,654                 35,079                  117,072              126,462              FERC 562 ‐ Station Expenses Total 146,310                109,733                55,075                  16,342                  3,236                    74,654                  35,079                  117,072                126,462                Weather Monitoring Power Sup Bradley Lake Operating Contractual ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       5,244                   Bradley Lake Operating Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       5,244                   FERC 571 ‐ Maintenance of Overhead Lines Maint of OH Lines Bradley Lake Operating Labor & Benefits 27,459                  20,594                 ‐                       ‐                       ‐                       ‐                        20,594                  27,459                2,507                   Travel ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         10,000                4,530                   Contractual 100,000                75,000                 99,378                ‐                       ‐                       99,378                 (24,378)                 50,000                66,883                Supplies & Materials 5,000                     3,750                    ‐                       ‐                       ‐                       ‐                        3,750                     5,000                   ‐                       Equipment, Furniture and Machinery ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       103                      Bradley Lake Operating Total 132,459                99,344                 99,378                ‐                       ‐                       99,378                 (34)                         92,459                74,024                SSQ Line Operating Labor & Benefits 32,500                  24,375                 ‐                       ‐                       ‐                       ‐                        24,375                  ‐                       ‐                       Contractual 110,000                82,500                 ‐                       ‐                       ‐                       ‐                        82,500                  ‐                       ‐                       Supplies & Materials 7,500                     5,625                    ‐                       ‐                       ‐                       ‐                        5,625                     ‐                       ‐                       SSQ Line Operating Total 150,000                112,500               ‐                       ‐                       ‐                       ‐                        112,500                ‐                       ‐                       FERC 571 ‐ Maintenance of Overhead Lines Total 282,459                211,844                99,378                  ‐                         ‐                         99,378                  112,466                92,459                  74,024                  FERC 920 & 930 ‐ Administrative Expense AEA Bradley Fixed Admin Fees Bradley Lake Operating AIDEA Staff Professional Services (Direct) ‐                         ‐                        ‐                       ‐                       82,417                82,417                 (82,417)                 ‐                       ‐                       Travel 3,500                     2,625                    ‐                       ‐                       ‐                       ‐                        2,625                     ‐                       ‐                       Consulting‐Administrative 2,500                     1,875                    ‐                       ‐                       3,000                   3,000                    (1,125)                   ‐                       ‐                       Administrative Costs 19,755                  14,816                 ‐                       ‐                       24,313                24,313                 (9,497)                   200,000              200,000              Bradley Lake Operating Total 25,755                  19,316                 ‐                       ‐                       109,731              109,731               (90,415)                 200,000              200,000              Bradley Battle Creek Diversion Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                       SSQ Line Operating Administrative Costs 20,000                  15,000                 ‐                       ‐                       7,783                   7,783                    7,217                     ‐                       ‐                       SSQ Line Operating Total 20,000                  15,000                 ‐                       ‐                       7,783                   7,783                    7,217                     ‐                       ‐                       Operating Committee Exp‐Audit Bradley Lake Operating Administrative Costs 19,900                  14,925                 ‐                       ‐                       22,000                22,000                 (7,075)                   19,900                20,298                Bradley Lake Operating Total 19,900                  14,925                 ‐                       ‐                       22,000                22,000                 (7,075)                   19,900                20,298                Operating Committee Exp‐Legal Bradley Lake Operating Administrative Costs 70,000                  52,500                 ‐                       ‐                       55,659                55,659                 (3,159)                   30,000                215,162              Bradley Lake Operating Total 70,000                  52,500                 ‐                       ‐                       55,659                55,659                 (3,159)                   30,000                215,162              Operat Committee Exp‐Arbitrage Bradley Lake Operating Administrative Costs 5,000                     3,750                    ‐                       ‐                       ‐                       ‐                        3,750                     3,000                   2,685                   Bradley Lake Operating Total 5,000                     3,750                    ‐                       ‐                       ‐                       ‐                        3,750                     3,000                   2,685                   Trust & Account Fees Bradley Lake Operating Administrative Costs 13,000                  9,750                    ‐                       ‐                       11,918                11,918                 (2,168)                   11,918                12,118                Bradley Lake Operating Total 13,000                  9,750                    ‐                       ‐                       11,918                11,918                 (2,168)                   11,918                12,118                Misc Admin Bradley Lake Operating Administrative Costs 18,900                  14,175                 12,360                ‐                       6,600                   18,960                 (4,785)                   11,646                12,000                Bradley Lake Operating Total 18,900                  14,175                 12,360                ‐                       6,600                   18,960                 (4,785)                   11,646                12,000                FERC 920 & 930 ‐ Administrative Expense Total 172,555                129,416                12,360                  ‐                         213,690                226,050                (96,634)                 276,464                462,263                FERC 924 & 925 ‐ Insurance Premiums Insurance Premiums Bradley Lake Operating Administrative Costs 748,019                561,014               17,506                ‐                       514,294              531,799               29,215                  631,000              653,129              Bradley Lake Operating Total 748,019                561,014               17,506                ‐                       514,294              531,799               29,215                  631,000              653,129              FERC 924 & 925 ‐ Insurance Premiums Total 748,019                561,014                17,506                  ‐                         514,294                531,799                29,215                  631,000                653,129                FERC 928 ‐ Regulatory Commission Expenses FERC Admin Fees Bradley Lake Operating Administrative Costs 175,000                131,250               ‐                       ‐                       ‐                       ‐                        131,250                185,000              169,976              Bradley Lake Operating Total 175,000                131,250               ‐                       ‐                       ‐                       ‐                        131,250                185,000              169,976              \\192.168.1.11\share\Accounting\AEA FY21 FS Shared Files\Bradley Lake\Monthly Reports\03 2021\03 2021 Monthly ReportV2.xlsx 5 of 9 5/12/2021 ALASKA ENERGY AUTHORITY BRADLEY LAKE OPERATIONS & MAINTENANCE SCHEDULE B BUDGET TO ACTUAL EXPENSES FOR THE PERIOD 07/01/2020 THROUGH 03/31/2021 FY 21 FY 20  FY21 Approved  Budget   BUDGET %   07/01/2020 ‐  03/31/2021  HEA Actual  CEA Actual  AEA Actual  Total Actual   (Over) Under  Budget to Date   FY20 Approved  Budget  FY20 Actual  FERC Related Prof Services BRADLEY FERC PART 12 INSPECTION Administrative Costs 75,000                  56,250                 ‐                       ‐                       2,699                   2,699                    53,551                  ‐                       ‐                       BRADLEY FERC PART 12 INSPECTION Total 75,000                  56,250                 ‐                       ‐                       2,699                   2,699                    53,551                  ‐                       ‐                       BRADLEY CONTRACTUAL ENGINEER‐FERC LICENSE ISSUES Administrative Costs 110,000                82,500                 ‐                       ‐                       62,091                62,091                 20,409                  100,000              88,256                BRADLEY CONTRACTUAL ENGINEER‐FERC LICENSE ISSUES Tot 110,000                82,500                 ‐                       ‐                       62,091                62,091                 20,409                  100,000              88,256                FERC 928 ‐ Regulatory Commission Expenses Total 360,000                270,000                ‐                         ‐                         64,790                  64,790                  205,210                285,000                258,232                Total Bradley Lake Budget 5,798,703            4,349,031           2,516,041          38,214                994,603              3,548,858          800,173                5,351,043          4,773,126          \\192.168.1.11\share\Accounting\AEA FY21 FS Shared Files\Bradley Lake\Monthly Reports\03 2021\03 2021 Monthly ReportV2.xlsx 6 of 9 5/12/2021 BRADLEY LAKE R&C FUND DISBURSEMENTS AND REPAYMENTS SCHEDULE D Expenses for the period 07/01/20 to 03/31/21 Actual Actual Actual Projected @06/30/20 TO REPAY @ 12/31/20 TO REPAY Budget Description Expense @6/30/20 Expense @6/30/21 FY21 R&C FUND PROJECTS Governor 0.00 4,052,070.14 0.00 4,052,070.14 0.00 Replace RFLS 0.00 251,092.69 0.00 251,092.69 0.00 Replace Runners 0.00 1,946,732.79 0.00 1,946,732.79 0.00 Replace cable from dam to power house 0.00 2,321,922.94 0.00 2,321,922.94 0.00 Replace power system stabilizer 0.00 619,205.10 0.00 619,205.10 0.00 Replace two RTUs 0.00 86,905.27 0.00 86,905.27 0.00 Culvert Repairs 0.00 675,966.79 0.00 675,966.79 0.00 Tower Repair for Jack Frost Heaves 0.00 887,596.62 0.00 887,596.62 0.00 Replace Plant and SCADA Controls 0.00 1,344,683.05 0.00 1,344,683.05 0.00 Vibration Monitoring System 0.00 490.00 0.00 490.00 0.00 Fire Alarm System Replacement 41,179.09 41,179.09 29,531.83 70,710.92 150,000.00 Battle Creek Diversion 0.00 1,170,000.00 0.00 1,170,000.00 0.00 Bradley Replace Electro-Mechanical Relays 0.00 1,277,197.06 0.00 1,277,197.06 0.00 Fishwater Screen Debris Removal 0.00 312,236.43 0.00 312,236.43 0.00 Turbine Nozzel Repair 0.00 1,428,861.07 0.00 1,428,861.07 0.00 Spillway Raise 0.00 0.00 0.00 0.00 0.00 SVC replacement Daves Creek | Soldotna 0.00 8,517,991.11 0.00 8,517,991.11 0.00 Equipment Storage Shed 0.00 510,550.13 0.00 510,550.13 0.00 Emerson Operating System Upgrade 0.00 622,665.00 0.00 622,665.00 0.00 Generator #2 Replacement 370,871.04 953,212.71 0.00 953,212.71 0.00 Road Grader 0.00 0.00 0.00 370,000.00 Battle Creek Construction 0.00 3,715,477.67 3,715,477.67 3,666,000.00 Battle Creek Cash Call-Expended 0.00 750,000.00 750,000.00 750,000.00 Battle Creek Cash Call-Paid by Utilities 0.00 (750,000.00) (750,000.00) (750,000.00) Needle Repairs 0.00 1,238,862.94 1,238,862.94 700,000.00 0.00 0.00 412,050.13 27,020,557.99 4,983,872.44 32,004,430.43 4,886,000.00 Current Year R&C Repayment (2,121,396.10) (1,384,805.00) Adjust to balance to $5million 0.00 (129,785.71) Interest in Fund Applied to Repayment (175,199.84) (269,487.16) Net Transfer from Revenue Fund (2,296,595.94) (1,784,077.87) Cumulative Prior Years R&C Repayments (23,240,089.01) (25,518,390.50) Due to (from) Utilities 18,294.45 (458,929.17) Adjust Due to R&C Actual 0.00 0.00 (23,221,794.56) (25,977,319.67) NET DUE TO R&C FUND 1,502,167.49 4,243,032.89 R&C FUND CASH FLOW PROJECTION Beginning Investment Balance 2,435,913.25 3,922,231.19 Disbursements-current year -Accrual (721,894.25) (4,983,872.44) Disbursements-prior year accrued 0.00 (406,104.23) Utilities' R&C Refund (88,383.75) (18,294.45) Net other cash inflow(outflow)0.00 111,491.26 Current year interest earnings 175,199.84 269,487.16 Participants Contributions to R&C Fund 2,121,396.10 1,384,805.00 Ending Investment Balance 3,922,231.19 279,743.49 Accrued Due to (from) Utilities (18,294.45) 458,929.17 R&C payable back to the revenue fund 0.00 0.00 Accrued R&C vendor Payable at Year End (406,104.23) 0.00 PROJECTED NET DUE + ENDING INVESTMENT BALANCE 5,000,000.00 4,981,705.55 REPAYMENT AMOUNT $1,649,677 X 25% $4,139,810 X 25% $238,606.15 X 25% $954,181.79 x 25% $756,665.11 x 25% all 4 years $1,455,830.05 x 25% all 4 years $1,401,948.53 x 25% all 4 years $1,834,499.92 x 25% yr 1 | 25% yr 2 | 50% yr 3 $3,330,802.80 x 25% yr 1 | 32% yr 2 | 25% yr 3 |18% yr4 $5,644,193.08 x 25% all 4 years 4th 1,411,048.27 $1,341,405.96 x 25% all 4 years 3rd 335,351.49 4th 335,351.49 $1,715,556.80 x 25% all 4 years 2nd 428,889.20 3rd 428,889.20 $412,050.13 x 25% all 4 years 1st 103,012.53 2nd 103,012.53 $5,270,000 x 25% all 4 years 1st 1,245,968.11 2,278,301.49 2,113,221.33 Page 7 of 9 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT Battle Creek Capital Purchases Schedule E Expenses for the period 07/01/20 to 03/31/21 FY19 FY20 FY21 FY21 Actuals Actual Budget Actual Used 2007 Chevrolet Silverado - Used 2006 Chevrolet Silverado - Battle Creek Diversion - 822,327 320,000 7,913 Total capital revenue fund purchases - 822,327 320,000 7,913 Battle Creek Capital Purchases Page 8 of 9 ALASKA ENERGY AUTHORITY BATTLE CREEK OPERATIONS & MAINTENANCE SCHEDULE F BUDGET TO ACTUAL EXPENSES FOR THE PERIOD 07/01/2020 THROUGH 03/31/2021 FY 21 FY 20  FY21 Approved  Budget   BUDGET %   07/01/2020 ‐  03/31/2021  HEA Actual  CEA Actual  AEA Actual  Total Actual   (Over) Under  Budget to Date   FY20 Approved  Budget  FY20 Actual  Summary by expense type Direct Purchases/Travel ‐                        ‐                            ‐                       ‐                       2,174                   2,174                    (2,174)                   ‐                       ‐                       AIDEA Staff Professional Services (Direct) ‐                        ‐                            ‐                       ‐                       11,453                11,453                 (11,453)                 ‐                       ‐                       Contractual 111,000               83,250                     ‐                       ‐                       71,231                71,231                 12,019                  ‐                       ‐                       Administrative Costs 436,714               327,536                   83,351                ‐                       42,101                125,452               202,084                395,424              580,606              547,714                410,786               83,351                ‐                       126,959              210,310               200,476                395,424              580,606              FERC 537 ‐ Hydraulic Expenses Hydraulic Expenses Bradley Battle Creek Diversion Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         ‐                       ‐                       Battle Creek Operating Contractual 66,000                  49,500                 ‐                       ‐                       37,481                37,481                 12,019                  ‐                       ‐                       Battle Creek Operating Total 66,000                  49,500                 ‐                       ‐                       37,481                37,481                 12,019                  ‐                       ‐                       FERC 537 ‐ Hydraulic Expenses Total 66,000                  49,500                  ‐                         ‐                         37,481                  37,481                  12,019                  ‐                         ‐                         FERC 556 ‐ System Control & Load Dispatching  Streamguaging Serv Bradley Battle Creek Diversion Contractual ‐                         ‐                        ‐                       ‐                       11,250                11,250                 (11,250)                 ‐                       ‐                       Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       11,250                11,250                 (11,250)                 ‐                       ‐                       Battle Creek Operating Contractual 45,000                  33,750                 ‐                       ‐                       22,500                22,500                 11,250                  ‐                       ‐                       Battle Creek Operating Total 45,000                  33,750                 ‐                       ‐                       22,500                22,500                 11,250                  ‐                       ‐                       FERC 556 ‐ System Control & Load Dispatching Total 45,000                  33,750                  ‐                         ‐                         33,750                  33,750                  ‐                         ‐                         ‐                         FERC 920 & 930 ‐ Administrative Expense AEA Bradley Fixed Admin Fees Bradley Battle Creek Diversion Administrative Costs ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         117,274              117,325              Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         117,274              117,325              Battle Creek Operating Direct Purchases/Travel ‐                         ‐                        ‐                       ‐                       574                      574                       (574)                       ‐                       ‐                       AIDEA Staff Professional Services (Direct) ‐                         ‐                        ‐                       ‐                       22,043                22,043                 (22,043)                 ‐                       ‐                       Administrative Costs 314,664                235,998               1,285                   ‐                       7,614                   8,900                    227,098                ‐                       ‐                       Battle Creek Operating Total 314,664                235,998               1,285                   ‐                       30,231                31,517                 204,481                ‐                       ‐                       Operating Committee Exp‐Legal Bradley Battle Creek Diversion Administrative Costs ‐                         ‐                        ‐                       ‐                       46                        46                         (46)                         15,000                135,880              Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       46                        46                         (46)                         15,000                135,880              Battle Creek Operating Administrative Costs 30,000                  22,500                 ‐                       ‐                       16,190                16,190                 6,310                     ‐                       ‐                       Battle Creek Operating Total 30,000                  22,500                 ‐                       ‐                       16,190                16,190                 6,310                     ‐                       ‐                       Operat Committee Exp‐Arbitrage Bradley Battle Creek Diversion Administrative Costs ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         2,000                   1,690                   Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         2,000                   1,690                   Battle Creek Operating Administrative Costs 2,000                     1,500                    ‐                       ‐                       ‐                       ‐                        1,500                     ‐                       ‐                       Battle Creek Operating Total 2,000                     1,500                    ‐                       ‐                       ‐                       ‐                        1,500                     ‐                       ‐                       Trust & Account Fees Bradley Battle Creek Diversion Administrative Costs ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         4,800                   5,000                   Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         4,800                   5,000                   Battle Creek Operating Administrative Costs 8,800                     6,600                    ‐                       ‐                       7,600                   7,600                    (1,000)                   ‐                       ‐                       Battle Creek Operating Total 8,800                     6,600                    ‐                       ‐                       7,600                   7,600                    (1,000)                   ‐                       ‐                       Misc Admin Bradley Battle Creek Diversion Administrative Costs ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         100                      110                      Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         100                      110                      Battle Creek Operating Direct Purchases/Travel ‐                         ‐                        ‐                       ‐                       1,600                   1,600                    (1,600)                   ‐                       ‐                       Administrative Costs 100                        75                         24,103                ‐                       60                        24,164                 (24,089)                 ‐                       ‐                       Battle Creek Operating Total 100                        75                         24,103                ‐                       1,660                   25,764                 (25,689)                 ‐                       ‐                       Professional consultants Bradley Battle Creek Diversion Administrative Costs ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         256,250              320,601              Bradley Battle Creek Diversion Total ‐                         ‐                        ‐                       ‐                       ‐                       ‐                        ‐                         256,250              320,601              Battle Creek Operating Administrative Costs 81,150                  60,863                 57,963                ‐                       ‐                       57,963                 2,900                     ‐                       ‐                       Battle Creek Operating Total 81,150                  60,863                 57,963                ‐                       ‐                       57,963                 2,900                     ‐                       ‐                       FERC 920 & 930 ‐ Administrative Expense Total 436,714                327,536                83,351                  ‐                         55,728                  139,079                188,457                395,424                580,606                Total Bradley Lake Budget 547,714                410,786               83,351                ‐                       126,959              210,310               200,476                395,424              580,606              \\192.168.1.11\share\Accounting\AEA FY21 FS Shared Files\Bradley Lake\Monthly Reports\03 2021\03 2021 Monthly ReportV2.xlsx 9 of 9 5/12/2021