1. Jim Robb, CEO Jillian Lessner, CFO
2018 Draft Budget
Jim Robb, CEO
Jillian Lessner, CFO

2. 2018 Draft Budget Development
Modified zero-based budget
Budget developed with three things in mind
Ensuring adequate resource levels to perform work required
Honoring the assessment stabilization work
Maintaining reserves at adequate levels
Current draft budget delivers on all three

3. 2018 Draft Budget-Overview
Draft budget is $27.44 million
Budget increase of 2.4% ($644,000)
Assessments to LSEs increase 1% ($253,000)
Reserves adequate to support assessment stabilization in future years

4. New Work in 2018 Geomagnetic disturbance analytics
Frequency response analytics
Short circuit analytics
Gas/electric interdependence
Engineering staff levels will remain unchanged.

5. 2018 Draft Budget-Highlights
Personnel expenses increase $642,000 (3.4%)
Travel increases $118,000 (9.1%)
Consulting decreases $140,000 (5.6%)
Professional services decrease $79,000 (8.0%)
Will continue to fine-tune

6. 2018 Budget - Remaining Milestones
April: Weekly calls with MAC Budget Work Group
April/May: Fine-tuning of draft budget
May 1: Draft 1 of 2018 BP&B posted to WECC.biz
May 4, 5, 10: Stakeholder outreach webinars
May 16: Stakeholder comments due on draft BP&B
May 17: Work Group comments approved by MAC

7. 2018 Budget - Remaining Milestones
May 19: MAC submits final comments on draft BP&B
May 24: NERC/RE budget presentations to FERC
June 9: Final BP&B, stakeholder comments and WECC response posted for FAC and BOD meetings
June 21: Board approval of 2018 BP&B
July 6: Final 2018 BP&B submittal due to NERC
Aug-Oct: NERC and FERC review and approval

8. How to Participate Member Representative MAC Budget Work Group
Rob Kondziolka, Class 1
Russ Noble, Class 2
Gary Tarplee, Class 3
Michele Beck, Class 4
Grace Anderson, Class 5
Diana Wilson, International
Public Comment Period