N-7Notice of Filing of NERC's 2010 Business Plan and Budget and the 2010 Business Plans and Budgets of Regional Entities and the Proposed Assessments to Fund Budgets 6/29/2010
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I. INTRODUCTION The North American Electric Reliability Corporation (NERC) submits: - (1) NERC's proposed Business Plan and Budget as the electric reliability organization (ERO), for the year ending December 31, 2010; - (2) the proposed Bu...
AI summary NERC submits its 2010 budget and business plan, along with proposals from eight regional reliability entities and WIRAB, detailing statutory funding allocations and load-serving entity assessments. The filing includes budget summaries and funding requirements for reliability activities under the Federal Power Act.
nal Entities have adopted several changes in accounting methodology for presentation of their budgets, which are detailed on page 14 of Attachment 2 . The more significant of these changes include: - All expenses for the administrative ser...
AI summary NERC and Regional Entities revised 2010 budget accounting methods, including allocating indirect expenses by FTE ratios, classifying capital expenditures as Fixed Assets, and adjusting depreciation handling. FERC directed NERC to define 'indirect costs' consistently in the 2010 Business Plan and Budget.
3. Summary of NERC's Proposed 2010 Budget and Funding Requirement NERC's proposed 2010 Budget is $40,088,365. This total encompasses U.S., Canadian and Mexican activities. The proposed 2010 Budget represents an increase of $4,082,137 (11.3...
AI summary NERC's 2010 budget totals $40,088,365, reflecting an 11.3% increase over 2009. It includes $39.6M in expenses, $1.2M in capital expenditures, and a $469K working capital reserve. Funding sources include program fees, software sales, interest, and payments from regional entities, with a net $37M funding requirement from LSE assessments.
k required during 2010 to process TFEs with existing (budgeted) staffing and resources and, if needed, can fund these activities by drawing on their Working Capital Reserves during 2010. 39 However, because the scope of work and resources...
AI summary The text discusses budgeting for TFE processing by Regional Entities in 2010, noting reliance on existing resources and Working Capital Reserves. It highlights potential supplemental funding requests due to uncertain work scope and NERC's evolving oversight role. Budget tables (Attachments 3-10) detail statutory and non-statutory funding, with adjustments for other income sources.
Entity 2010 Target Basis for 2010 Target Working Capital Working Capital Reserve Reserve Line of Credit NERC Rely on Line of Credit to fund short term $ 0 cash flow shortfalls $4,000,000 FRCC $542,119 10% of budgeted annual statutory expen...
AI summary The table provides information on working capital reserves and line of credit for various entities like NERC and regional reliability organizations. It also outlines projected financial surpluses and deficits for these entities from 2007 to 2009.
A. 2010 Business Plans and Budgets by Program This section summarizes NERC's proposed 2010 Business Plan and Budget by statutory program and Administrative Services department. 55 As noted earlier, a number of changes in accounting methodo...
AI summary NERC's 2010 Business Plan and Budget introduced four key accounting changes: direct/indirect cost allocation, FTE-based Administrative Services expense distribution, capital expenditures as fixed assets, and depreciation treatment. These changes may distort year-over-year budget comparisons for statutory programs.
ADS ($294,900); GADS programming support ($135,000); and consultant support (including for software development) for various aspects of the reliability assessments studies and processes ($258,000). The direct expenses in the 2010 Budget fo...
AI summary The 2010 budget for the Reliability Assessment and Performance Analysis Program includes $2,851,150 in personnel expenses, $630,000 in meetings/travel, and $1,149,400 in consultants/contracts. Capital expenditures total $197,581, with administrative services allocated $1,813,900. Revenue from GADS software sales is projected at $250,000, a $200,000 decrease from 2009.
reimbursement by the Transmission Owners and Operators Forum to NERC for administrative services is reflected as a $300,000 credit to Consultants & Contracts in the General and Administrative budget. Office Rent in the 2010 Budget for NERC...
AI summary The text details NERC's 2010 budget changes, including a $300,000 credit for administrative services reimbursement, increased office rent due to lease adjustments and space expansion, and a $103,277 rise in office costs from higher telephone expenses. The Legal and Regulatory budget decreased by $653,181, attributed to 2009 budget adjustments.
nd Budget. Each Regional Entity Business Plan and Budget begins with an Introduction section that presents a table showing Total Regional 73 See Table 5 in Section B of Attachment 2 . Entity Resources for 2010, including statutory and non-...
AI summary The document outlines the structure of Regional Entity Business Plans and Budgets, including sections on statutory programs, administrative departments, and funding assessments. It details the inclusion of FTEs, expenses, capital expenditures, and cost impact analyses, with references to NERC's format and comparisons between 2009 and 2010 budgets.
that the 2010 Business Plan and Budget shows 23.4 FTEs as having been budgeted for 2009. ( See, e.g. , Table 5 in Section B.) 79 One of these positions has already been added during 2009. expects to draw on its Working Capital Reserve if n...
AI summary NPCC's 2010 budget includes 23.4 FTEs, a new position for the Reliability Assessment Program, and potential supplemental funding for processing TFEs. Capital expenditures decrease by $870k due to 2009 office relocation costs, while personnel and travel expenses increase. The target Working Capital Reserve for 2010 is $2.27M, requiring an additional $146k in assessments.
4. Reliability First Reliability First has a total statutory budget for 2010 of $14,184,713, an increase of $2,750,512 over its 2009 Budget. However, Reliability First 's requested assessments, which were significantly reduced in its 2009...
AI summary Reliability First seeks a 2010 statutory budget increase of $2.75M over 2009, driven by higher assessments and staffing needs. Budget reflects $14.3M in requested assessments, increased FTEs for compliance programs, and a target Working Capital Reserve of $1.4M. Non-statutory activities are excluded.
6. SPP RE SPP RE's total 2010 statutory budget is $8,138,783, an increase of $1,657,747 over its 2009 Budget. SPP RE plans total staffing for statutory and administrative programs of 24.3 FTEs, an increase of 7.1 FTEs over its 2009 Budget....
AI summary SPP RE's 2010 statutory budget increased by $1.66M, with 7.1 additional FTEs, focusing on CMEP and compliance programs. Budget highlights include a 156% rise in direct expenses for CMEP, reduced indirect expense rates, and a $1.38M reduction in the requested 2010 assessment due to projected working capital reserves. FERC's 2009 order on budget procedures is referenced.