Gainesville Regional Utilities Authority

Gainesville Regional Utilities Authority AGENDA Wednesday, November 12, 2025, 5:30 p.m. GRU Administration Building 301 SE 4th Avenue Gainesville, FL 32601 Directors Chair Eric Lawson Vice-Chair David Haslam Director Jack Jacobs Director Robert Skinner If you have a disability and need accommodation in order to participate in this meeting, please call (352) 334-5051 at least two business days in advance. TTY (Text Telephone Telecommunication Device) users please call 711 (Florida Relay Service). For Speech to Speech (STS) relay, please call 1-877-955-5334. For STS Spanish relay, please call 1-877-955-8773. For STS French Creole relay, please call 1-877-955-8707. A. CALL TO ORDER Agenda Statement: The Gainesville Regional Utilities Authority encourages civil public speech. The Gainesville Regional Utilities Authority expects each person entering this chamber to treat others with respect and courtesy. Speakers are expected to focus on agenda items under discussion. Signs, props, posters, food, and drinks should be left outside the auditorium. B. ROLL CALL C. INVOCATION D. PLEDGE OF ALLEGIANCE E. ADOPTION OF THE AGENDA Includes Consent and Regular Agenda Items. F. APPROVAL OF MINUTES Approval of Minutes from the GRUA meeting held on October 8, 2025 (B). G. CHAIR COMMENTS H. GENERAL PUBLIC COMMENT (for items not on the agenda, not to exceed 30 minutes total) I. DIRECTOR COMMENTS J. CONSENT AGENDA  Gainesville Regional Utilities Authority 1. 2025-902 State of the Utility, Monthly Update September 2025 (B) Department: Gainesville Regional Utilities/Office of the Chief Operating Officer Description: GRU will be providing a monthly update to Authority members to ensure they are aware of the important projects and relevant utility measurements and benchmarks. This report provides information from September 2025. Fiscal Note: None 2. 2025-903 GRU’s Waiver from FERC’s Independent Functioning Rule (B) Department: Gainesville Regional Utilities/Energy Delivery Description: A review of the waiver granted to GRU regarding the applicability of the Federal Energy Regulatory Commission’s (FERC) Independent Functioning Rule to GRU. Fiscal Note: GRU’s personnel compliance costs are less potentially burdensome (no longer requiring multiple FTEs) and now allow common sense operational practices (e.g., cross training) with a waiver from FERC’s Independent Functioning Rule. Legal expenses associated with obtaining the waiver amounted to $8,369. Recommendation: No further Authority action is required at this time. GRU will monitor for any material changes that could affect the waiver and will report back as needed. Staff will ensure compliance with FERC’s conditions, including required notification to the Commission should any material change occur. K. CEO COMMENTS L. ATTORNEY COMMENTS M. BUSINESS DISCUSSION ITEMS 1. 2025-904 Horizontal Directional Drilling (B) Department: Gainesville Regional Utilities/Water & Wastewater Description: GRU’s water, wastewater, natural gas, and telecommunication systems install underground pipe, conduit, and cable through trenchless technology known as horizontal directional drilling. This type of drilling is used when trenching or excavation is not practical at a work site, such as a roadway or sidewalk. Work can be performed at the site to repair or install water, wastewater, natural gas, and telecommunication infrastructure equipment with fewer open cuts, reducing repair costs, expediting service restoration, improving public safety, and minimizing interruptions to customers or citizens vehicular, bike, or pedestrian routes. Establishing an annual contract for these services allows GRU departments to have a contractor available to perform horizontal directional drilling services as needed to facilitate repairs or new service. The combined annual cost for these services is Page 2 of 62  Gainesville Regional Utilities Authority approximately $2,500,000. An Invitation to Bid for this work was issued by Utilities Procurement to the known companies that perform this type of work, and the bid was posted on OpenGov. Two bids were received and evaluated based on pricing, experience, resources, and safety. D&D, Inc. and General Underground, LLC. submitted bids and are both recommended for award of a contract to optimize greater resource availability since this contract is used in multiple GRU areas. Attached is the Intent to Award Notification. Fiscal Note: Funding for this work is included in GRU’s Capital Improvements budget for FY26 and will be requested in future fiscal year budgets. Recommendation: The GRU Authority authorize the CEO, or designee to 1. Execute an annual contract for a three-year period with two (2) one-year renewals with D&D, Inc. and General Underground LLC for Horizontal Directional Drilling services, subject to the approval of the Utilities Attorney as to form and legality. 2. Approve the issuance of purchase orders to D&D, Inc. and General Underground, LLC in amounts not exceeding budgeted amounts for each year of the contract, subject to the appropriation of funds for these services for each fiscal year of the contract. 2. 2025-905 GRU Review – October, 2025 (B) Department: Gainesville Regional Utilities/Office of the Chief Executive Officer Description: An update to the Board on the significant and most meaningful events since the last board meeting. The GRU Review isn’t meant to replace all the granularity of the State of the Utility (which is under Consent Agenda), it is intended to supplement it and can evolve over time depending on the requirements set forth by the Board. Fiscal Note: None Recommendation: The Authority hear a presentation from the CEO and ask questions, if desired. N. RESOLUTIONS (Roll Call Required) O. DIRECTOR COMMENTS P. ADJOURNMENT Page 3 of 62  Gainesville Regional Utilities Authority MINUTES October 8, 2025, 5:30 p.m. GRU Administration Building 301 SE 4th Avenue Gainesville, FL 32601 Members Present: Vice-Chair Haslam, Jack Jacobs, Chair Lawson, Robert Skinner _____________________________________________________________________ A. CALL TO ORDER B. ROLL CALL C. INVOCATION D. PLEDGE OF ALLEGIANCE E. ADOPTION OF THE AGENDA Public Comment: Jim Konish. Moved by Robert Skinner Seconded by Vice-Chair Haslam Approved F. APPROVAL OF MINUTES Moved by Robert Skinner Seconded by Jack Jacobs Approved G. CHAIR COMMENTS Chair Lawson opened the discussion on the 2025 performance evaluation of GRU CEO Ed Bielarski, inviting Chief People Officer Cheryl McBride to present a 1 Page 4 of 62 summary of the Board’s evaluations. Following the presentation, Chair Lawson shared his own reflections on Mr. Bielarski’s leadership and invited comments from fellow Board members before addressing the topic of a merit-based salary adjustment. Vice Chair Haslam acknowledged the personal criticism Mr. Bielarski has faced on social media. Director Jacobs noted that, as the public face of GRU, Mr. Bielarski’s statements may not always be received with trust by all stakeholders. He suggested the potential value of appointing a Public Information Officer to support public engagement. Director Skinner echoed concerns about social media commentary. Mr. Bielarski declined to comment during this portion of the meeting. Chair Lawson noted that GRU employees are budgeted for a 3% merit increase and requested Board input on applying the same adjustment to the CEO’s compensation. He also recommended revisiting the CEO’s compensation structure in the coming year, in consultation with the Chief People Officer, to ensure alignment with market benchmarks. The proposed increase would be retroactive to June 2025, marking Mr. Bielarski’s one-year anniversary in the role. Vice Chair Haslam raised concerns about public perception, noting that Mr. Bielarski is currently the highest-paid city employee. He emphasized that compensation comparisons should be made against utility executives rather than municipal roles. Director Jacobs supported the merit increase and expressed interest in conducting further research. Director Skinner also endorsed the adjustment, citing Mr. Bielarski’s industry expertise. Jacobs reiterated that the CEO should receive the same merit increase as other GRU staff. Mr. Bielarski concluded by clarifying that while the merit pool is set at 3%, individual increases may vary. Public comments were provided by Jim Konish, Chuck Ross, and Cheryl McBride. Vice Chair Haslam responded to points raised during public comment. Moved by Vice-Chair Haslam Seconded by Robert Skinner The Board approved a 3% merit increase for Mr. Bielarski, retroactively effective as of June 2025. Approved 2 Page 5 of 62 H. GENERAL PUBLIC COMMENT Public Comment: Chuck Ross, Jim Konish, David Fitzgerald I. DIRECTOR COMMENTS Vice Chair Haslam addressed several matters raised during the public comment period, offering clarification and perspective on key concerns. Director Jacobs also responded to public feedback and specifically addressed circulating rumors regarding GRU’s potential purchase of power from Duke Energy and selling assets. J. CONSENT AGENDA 1. 2025-806 State of the Utility, Monthly Update August 2025 (B) K. RESOLUTIONS (Roll Call Required) 1. 2025-807 GRUA resolution approving natural gas agreement with the Municipal Gas Authority of Georgia and TD Bank (B) Approved as Recommended L. CEO COMMENTS CEO Ed Bielarski responded to remarks made by Director Jacobs during the Director Comments portion of the meeting, and also responded to a question posed by Mr. Fitzgerald during public comment. M. ATTORNEY COMMENTS Scott Walker of Folds Walker provided an update on GRU’s ongoing legal proceedings related to House Bill 1645. Derek Perry, Utilities Attorney, confirmed his collaboration with Folds Walker on the matter. He further clarified that he serves as GRU’s authorized representative in legal communications with the firm and expressed appreciation for their professionalism and support throughout the process. N. BUSINESS DISCUSSION ITEMS 1. 2025-808 Approval of FY26 Information Technology Service Level Agreement (SLA) between GRU and the City of Gainesville (B) 3 Page 6 of 62  CEO, Ed Bielarski provided an overview of the key components and obligations outlined in the Service Level Agreement (SLA). Chair Lawson provided an overview of the purpose of Service Level Agreements (SLAs), emphasizing their positive impact on GRU. Vice Chair Haslam expressed his support for implementing SLAs, affirming their value to the organization. Public Comment: Jim Konish CEO Bielarski responded to comments made during public comment. Moved by Jack Jacobs Seconded by Vice-Chair Haslam Recommendation: The GRU Authority approve the FY26 Enterprise Information Technology Service Level Agreement between GRU and the City of Gainesville executed by the Chief Executive Officer on behalf of GRUA. Approved as Recommended 2. 2025-809 Approval of Agreement Between GRU and the City of Gainesville for Solid Waste and Stormwater Billing Services (B) CEO Ed Bielarski presented an overview of the amended agreement, originally established in 2023, which addresses GRU’s continued role in billing City residents through utility statements. The amendment was prompted by prior discussions about potentially discontinuing this service. In response, Brian Singleton, Special Advisor to the City Manager, formally requested that GRU maintain the billing arrangement. The proposed amendment includes increased compensation to GRU and features an 18- month termination clause to allow time for evaluating a transition to property tax-based billing. Mr. Singleton emphasized that the City has no plans to raise rates in the upcoming fiscal year, citing recent adjustments and a biennial review cycle. He also noted that GRU has administered this billing process since the 1980s. Chair Lawson supported the amendment, highlighting that it enables GRU to leverage its infrastructure in support of City operations. He referenced feedback from local business owners concerned that removing the billing item from utility statements could shift the financial burden from residential 4 Page 7 of 62  tenants to businesses. Vice Chair Haslam expressed agreement with Lawson’s position and acknowledged the arrangement’s value to GRU, while cautioning that it could create public perception challenges if the City were to raise rates. Director Jacobs opposed the amendment, stating his concerns were rooted in principle rather than optics. He warned that the arrangement could give the City Commission unchecked authority to increase rates, with GRU potentially being perceived as responsible. Jacobs advocated for transferring billing responsibilities directly to the City and noted that embedding charges in property taxes could influence voter sentiment. He further clarified that while GRU controls IT SLA rates, it does not control Solid Waste and Stormwater rates. Vice Chair Haslam later shared that he was reconsidering his stance after reflecting on Jacobs’ points. Though still undecided, he indicated he would follow his instincts and second a motion if one were made. Board Member Skinner viewed the proposal as mutually beneficial and moved to approve the agreement with a term not to exceed 24 months, allowing for future reevaluation and discussion. Public Comment: Jim Konish Moved by Robert Skinner Seconded by Vice-Chair Haslam Recommendation: The GRU Authority authorizes the Chief Executive Officer to negotiate and execute an amended agreement between GRU and the City of Gainesville for solid waste and stormwater billing services. Director Skinner made a motion to approve the agreement with the City to not exceed 24 months, when it can be reexamined and discussed again. Approved 3. 2025-810 Integrated Resource Plan (IRP) Update – Plan vs. Action (B) CEO Ed Bielarski delivered a presentation to the Board. Director Skinner remarked that the issue reflects basic economic principles, likening it to vehicle ownership—when purchasing a new car for 5 Page 8 of 62  $40,000 to $50,000 isn’t feasible, making strategic repairs is a practical way to extend its lifespan. Recommendation: The Authority hear the presentation and ask any necessary questions. Heard 4. 2025-811 GRU Review – September, 2025 (B) CEO Ed Bielarski delivered a presentation to the Board. During the discussion, Director Skinner sought clarification on the reported customer call response time, specifically asking whether the current average wait time was 31 minutes. CEO Bielarski indicated he would follow up with the exact figure. Director Skinner also commended the gas team for their prompt response to a recent gas leak, as well as the tree trimming crew for their continued efforts. Recommendation: The Authority hear a presentation from the CEO and ask questions, if desired. Heard O. DIRECTOR COMMENTS No further comments from the Directors. P. ADJOURNMENT Adjourned at 7:15pm. _________________________ Kunti Nesbitt, GRUA Staff Liaison 6 Page 9 of 62  Gainesville Regional Utilities Authority Agenda Item Report File Number: 2025-902 Agenda Date: November 12, 2025 Department: Gainesville Regional Utilities Title: 2025-902 State of the Utility, Monthly Update September 2025 (B) Department: Gainesville Regional Utilities/Office of the Chief Operating Officer Description: GRU will be providing a monthly update to Authority members to ensure they are aware of the important projects and relevant utility measurements and benchmarks. This report provides information from September 2025. Fiscal Note: None Page 10 of 62  2025-902A State of the Utility FY25 September Page 11 of 62 Energy Supply Major Figures & Achievements Regulatory YTD Recordable Injuries Compliance Regulatory Issues Recordable 0 Compliance 0 Injuries Issues 1 1 Regulatory Compliance (NERC) Environmental Compliance We have no outstanding ongoing environmental or electric regulatory compliance issues at this time. The corrective actions to address Combustion Turbine 4 (CT4) have been effective in restoring operation within a derated capacity of up to 100 MW in combined cycle mode while maintaining compliance. The final corrective actions to restore Kelly Combined Cycle (JCC1) to full load capacity will occur during an extended planned outage scheduled to begin in January 2026, when hardware modi- fications to the gas turbine will be completed. Deerhaven (DH) Deerhaven Unit 1 (DH1) • Unit remains in economic outage and is fully available. The unit will transition from #6 Fuel (Bunker C) to #2 Fuel (Diesel) as the #6 Fuel Tank is decommissioned in early 2026. Approximately 500,000 gallons of #6 fuel will be utilized during a planned genera- tion run in January 2026 to reduce existing inventory. Deerhaven Unit 2 (DH2) • Unit operated online through August and entered planned outage on October 10, 2025, scheduled for completion on November 10, 2025. The outage includes the Right Turbine Throttle Valve inspection and rebuild, along with balance-of-plant maintenance. Deerhaven Combustion Turbines • All three units are online and fully available. Page 12 of 62 1 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Deerhaven Renewable (DHR) • Unit is online. Kelly Generating Station (JRK) • JCC1 (Combined Cycle) operating online at a fixed derated load of 100 MW net (65 MW from CT4, 35 MW from Unit #8). • Preparations for the planned JCC1 outage are underway, including procurement of materials and services required to restore the unit’s full-load capability with no emission or operational limits. South Energy Center (SEC) • Wärtsilä Engine: Online. • Solar Engine: Standby, fully available. • Steam Chiller: Restored to full service. Bearing temperatures normalized following precision machining to increase bearing clear- ance. Two consecutive oil analyses confirmed no further issues. The chiller is operating as a baseload unit serving UF Health. Other Items • At the Innovation Energy Center (IEC), one of two electric chillers remains out of service due to electrical control damage from a lightning strike. Replacement parts have been received; however, one control board was defective. A replacement board is on order, with full restoration expected by October 2025. Page 13 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 2 Energy Supply Fuels Management Inventory Coal Biomass 78,810 29,346 tons tons (MC Adjusted) 41 days at full load; 8.9 days at full load; 82 days at half load. 13.8 days at half load; 14.5 days at most recent burn rate. Page 14 of 62 3 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Page 15 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 4 Energy Supply Page 16 of 62 5 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Page 17 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 6 Energy Supply Emissions Data Yearly Emissions SO2 (tons) NOX (tons) Mercury (lbs)* PM (tons)* CO2 (tons) without DHR CO2 (tons) with DHR 2020 379.3 1,208.3 3.1 56.5 1,033,389.5 1,697,218.5 2021 614.7 1,643.0 3.7 63.7 1,027,918.9 1,991,487.9 2022 167.4 867.8 2.1 11.2 861,824.7 1,771,204.7 2023 80.2 737.1 0.6 12.2 980,726.2 1,458,824.3 2024 26.5 598.4 0.8 5.3 946,129.6 1,373,862.0 2025 (thru September)** 165.4 578.4 1.1 5.3 727,548.2 1,253,620.6 *Mercury and Particulate values are for Unit 2 only. **Values Subject to Change - Final Values Dependent on Fuel Analyses Page 18 of 62 7 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Yearly Emissions Page 19 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 8 Energy Supply Emissions Data 2025 (thru Sep) Unit SO2 (tons) NOX (tons) Mercury (lbs) PM (tons) CO2 (tons) SO2 Rate (lb/MMBtu) NOX Rate (lb/MMBtu) HTIP (MMBtu) GEN (MW-hours) DH1 50.4 100.9 85,345.7 1,397,862.0 111,100.0 DH2 103.9 276.0 1.11 5.3 381,360.6 6,310,000.0 569,926.0 DHCT3 0.0 1.0 4,011.9 67,499.0 4,948.0 JRKCC1 1.3 51.7 256,830.0 4,321,645.1 487,017.0 DHR 9.8 148.8 526,072.4 5,010,354.1 368,500.0 TOTAL 165.4 578.4 1.11 5.3 1,253,620.6 17,107,360.2 1,541,491.0 TOTALS without DHR Unit SO2 (tons) NOX (tons) Mercury (lbs) PM (tons) CO2 (tons) SO2 Rate (lb/MMBtu) NOX Rate (lb/MMBtu) HTIP (MMBtu) GEN (MW-hours) DH1 50.4 100.9 85,345.7 1,397,862.0 111,100.0 DH2 103.9 276.0 1.11 5.3 381,360.6 6,310,000.0 569,926.0 DHCT3 0.0 1.0 4,011.9 67,499.0 4,948.0 JRKCC1 1.3 51.7 256,830.0 4,321,645.1 487,017.0 Total Without DHR 155.6 429.6 1.11 5.3 727,548.2 12,097,006.1 1,172,991.0 Page 20 of 62 9 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Emissions & Compliance Data Environmental September Calendar Year to Date (September) Notices of Violation 0 0 Emissions DH1, DH2, DHCT3, JRKCC1 CO2 (tons) 80,356.2 727,548.2 NOx (tons) 35.4 429.6 SO2 (tons) 2.2 155.6 DH Unit 2 (only) PMFILT (tons) 0.6 5.3 Hg (lbs) 0.1 1.1 DHR CO2 (tons) 63,553.7 526,072.4 NOx (tons) 17.9 148.8 SO2 (tons) 1.2 9.8 Page 21 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 10 Energy Supply Availability & Capacity Availability Capacity Month FY25 YTD FY24 YTD Month FY25 YTD FY24 YTD DH-2 98.39% 94.26% 74.32% 33.55% 34.26% 29.13% DH-1 98.83% 99.30% 90.96% 3.76% 21.30% 20.76% Kelly CC 99.69% 83.54% 88.78% 91.11% 75.93% 81.90% DH CT-1 97.94% 97.96% 95.09% 0.00% 0.02% 0.06% DH CT-2 100.00% 99.91% 94.75% 0.00% 0.01% 0.02% DH CT-3 100.00% 96.60% 99.09% 0.86% 0.71% 0.29% DHR 100.00% 64.49% 84.30% 55.28% 37.07% 33.83% Fuel Consumed Month YTD Budget YTD Delta Budget Coal (Tons) 110 6,650 - 6,650 Gas (MCF) 1,319,707 16,215,589 15,734,528 481,060 Fuel Oil (Gal) 86,820 757,804 - 757,804 Biomass (Tons) 55,098 464,876 247,561 217,315 Page 22 of 62 11 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Performance Parameters Sept. 2025 kWh/Month kWh/YTD Budget YTD Delta Budget DH-2 51,740 501,839 $478,649.00 $23,190.15 DH-1 1,685 99,308 $22,561.00 $76,747.11 Kelly CC1 71,373 482,951 $623,133.00 $(140,182.01) CTs 498 4,900 $244.00 $4,656.44 Grid 11,315 52,179 $78,950.00 $(26,771.00) DHR 39,827 322,323 $178,903.00 $143,419.96 Personnel Filled FTE Vacancies 182 11 Page 23 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 12 Energy Supply Vacancies and Retirements Status Title Filled? Group Vacant Date Vacant Analyst Senior N Deerhaven Plant Aug. 28 '25 Filled Energy Supply Maintenance Planner Y Deerhaven Plant Feb. 18 '25 Filled Energy Supply Maintenance Planner Y Deerhaven Plant May. 26 '25 Vacant Engineer and Utility Designer IV N Deerhaven Plant Dec. 1 '23 Filled Power Plant Chemistry Technician Y Deerhaven Plant Jul. 18 '25 Vacant Power Plant ICE Supervisor N Deerhaven Plant May. 22 '23 Vacant Power Plant ICE Technician N DHR Operations Jul. 7 '25 Filled Power Plant ICE Technician Y Deerhaven Plant May. 28 '25 Vacant Power Plant ICE Technician N Deerhaven Plant Mar. 7 '25 Vacant Power Plant Journeyman Operator N Deerhaven Plant Mar. 4 '25 Vacant Power Plant Mech Journeyman N Deerhaven Plant Apr. 23 '23 Vacant Power Plant Shift Supervisor N Deerhaven Plant Jul. 3 '25 Vacant Process Plant Operator N Deerhaven Plant Aug. 19 '25 Vacant Process Plant Operator II N Deerhaven Plant Jul. 17 '25 Filled Production Technician Y Kelly Plant Jun. 3 '25 Vacant Production Technician N Kelly Plant Apr. 4 '25 Vacant Production Technician N Kelly Plant Jun. 23 '25 Vacant Production Technician N Kelly Plant May ‘25 Page 24 of 62 13 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Delivery Reliability Statistics Customers Total Customers Outage Served Outages Affected Minutes 101,836 44 5,805 7,031 Outage Causes Cause Overhead Underground Both Undetermined 4 0 0 Weather 0 0 0 Vegetation 19 0 0 Animals 4 0 1 Foreign Interference 0 0 0 Human Cause 6 0 0 Equipment Failure 5 3 2 Other 0 0 0 Total 38 3 3 Page 25 of 62 15 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Delivery Electric System Consumption Sept. 2025 Sept. 2024 CONSUMPTION (kWh) CUSTOMERS CONSTUMPION (kWh) CUSTOMERS Feed-in-Tariff - Residential 132 84 23 89 Feed-in-Tariff - General Service 2,460 140 1,895 145 Electric - GS - Demand - Regular 54,900,058 1,064 54,923,409 1,107 Electric - General Service Demand PV 1,881,554 32 1,743,325 31 Electric - GS - Kanapaha w Curtail Cr 1,116,000 1 1,060,800 1 Electric - GS - Demand - Large Power 10,568,940 10 10,289,680 9 Electric - GS - Murphree Curtail Credit 1,543,963 1 1,497,600 1 Electric - GS - Large Demand PV 5,832,000 2 5,344,800 2 Electric - GS - Non Demand 19,353,502 10,109 19,062,462 10,162 Electric - General Service PV 239,760 89 241,328 83 Electric - Lighting - Rental * 813,452 1,834 817,953 1,816 Electric - Lighting - Street - City * 449,521 14 403,921 15 Electric - Lighting - Street - County * 127,106 1 127,313 1 Electric - Lighting - Traffic 0 0 144 1 Electric - Residential - Non TOU 94,315,002 91,419 93,113,096 91,228 Electric - Residential PV 1,267,998 1,539 1,092,072 1,451 Total Retail Electric 192,410,966 104,494 189,719,815 104,308 * Number of customers is excluded from total customer count. Page 26 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 16 Energy Delivery Gas System Consumption Sept. 2025 Sept. 2024 CONSUMPTION (THM) CUSTOMERS CONSUMPTION (THM) CUSTOMERS Gas - GS - Regular Service (Firm) 569,285 1,261 599,093 1,255 Gas - GS - Regular Service (Small) 28,247 504 20,658 475 Gas - GS - Interruptible - Regular Serv 66,485 2 43,274 2 Gas - GS - Interruptible - Large Volume 613,773 12 480,447 9 Gas - Residential - Regular Service 302,788 35,724 300,575 35,506 Total Retail Gas 1,580,578 37,503 1,444,047 37,246 Major Projects ED Electric Engineering • Archer Place Apartments – Multistory buildings with apartments and retail. Overhead to Underground Conversion of electrical facilities is complete. Developer requested temporary power and started construction in Phase 1 (back end of property). • TACTICS – Circuits 209–287 – T&D has started construction. • County Criminal Court Complex Expansion – Demolition of parking lights and relocation of traffic light source complete. Coordi- nating construction with developers and warehouse regarding switchgear availability based on new lead times. • New Feeder for Amazon EV Fleet – Recent meeting between Amazon representatives, Substation & Relay, and Engineering for progress updates and timelines. • Woodland Park – Gainesville Housing Authority – Demolition complete. • North Florida Regional Medical Center at Archer – Transmission line marker balls and beacons installed for hospital helipad. • Oaks Preserve Phase 2 – Residential subdivision. Construction of electrical installations in progress. • Natura – Multifamily apartment site with nine three-story buildings, clubhouse, garages, and common areas. Design complete and released for construction. • Hammock Preserve – Residential and commercial mixed-use development. Construction in progress. • Gilbane–Collegiate Apartments – New multistory apartments on NW 20th Ave. Construction in progress. • TACTICS – Circuit 550 – T&D construction in progress. • New Feeder – Circuit 1038 – Under construction. Page 27 of 62 17 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Delivery Gas Engineering • AUD Rollout Implementation – Continuing design using AUD-only workflow. Rolled out completed AUD gas template jointly with Electric Engineering; ongoing updates in coordination. • Ben E. Keith Facility – Negotiating potential gas main extension to serve new manufacturing facility. • Bridlewood – External 6” portion nearly complete; awaiting developer completion of internal section. • Westgate Backfeed – Continuing design to remove and replace nonstandard 5” steel pipe from system. Electric Operations T&D Operations • MSWRF OH to UG Conversion – Work began Sept. 18. • Ckt 1038 – Directional boring complete; crews tying in bores to turn-ups and setting bases. Excavation around Sugarfoot under- way to tie circuit into substation (25% complete). • FDOT Lighting Upgrade SR-222 – 80% complete. T&D Operations • Parker Auto Transformers – Construction/demo for T-76 began 9/2. Transformer expected November 3, anticipated in service mid-December. • Line 16 Project – Scope includes replacement of two (2) 138 kV breakers, two (2) sets of 138 kV gang switches, and two (2) line re- lays. Vendor collaboration resolved prior 90% drawing package issues; latest 90% package shows major improvement. IFC pack- age expected late October; construction pushed to January due to Parker transformer project delays. System Control • Training back-office damage assessment team in OMS for storm preparation. Collaboration planned with wires-down team next month. • FPL power purchase began Aug. 1, scheduled to conclude Nov. 10. System Control • GIS Upgrade – Migration from 10.8 to 11.3, 30% complete. • Land Base Migration – Transition from old SQL database to new SQL platform, 40% complete. • AMI to OMS Integration – 40% complete. • OMS Upgrade – 60% complete. Page 28 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 18 Energy Delivery Energy Measurement & Field Operations Utility Line Locate • Line locates transitioned from DigTix ticketing system to the new Korterra platform, providing enhanced features at lower contract cost. Revenue Protection • Investigated 24 damaged underground facilities in September. Field Services • Responded to 81 gas emergencies in September, bringing FY25 total to 946. Electric Measurement • Conducted 35 Generlink socket inspections, with 12 Generlink switches installed. Gas Measurement • Received permission on Sept. 30, 2025, to install a gas district station on Oak Hammock property. The new station will improve reliability by providing a much-needed backfeed for the 24-lb gas system. Gas T&D Major Projects • Construction in Bridlewood S/D (High Springs) ongoing. Currently boring 6” piping from US-441 to subdivision and 4” for interior of Phase 1. External 66% complete; interior 90% complete. • PSC inspection completed 9/24/25 with no citations or recommendations. • Installed 17 new gas services (FY25 total – 361), retired 2 inactive (FY25 – 251), and re-ran 2 services (FY25 – 67) in the last two weeks. Page 29 of 62 19 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Energy Supply Delivery Advanced Metering Infrastructure (AMI) Category Electric Water Natural Gas Total AMI Financial Summary Remote Reading 103,896 70,425 32,584 206,905 Actuals Spent $43,346,952 92.10% AMI Devices 103,905 70,556 32,589 207,050 Budget Remaining $3,719,424 7.90% Non-AMI Devices 30 7,716 5,655 13,401 Total Budget $47,066,376 100.00% Total Devices 103,935 78,272 38,244 220,451 Saturation % 100.00% 90.10% 85.20% 93.90% Standard Industry Comparisons Comparison Actual Goal Description SAIDI 2.83 4.5 System Average Interruption Duration Index CAIDI 49.59 55 Customer Average Interruption Duration Index SAIFI 0.06 0.08 System Average Interruption Frequency Index ASAI 99.99% Average Service Availability Index Personnel Filled FTE Vacancies 233 23 Page 30 of 62 20 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY GAINESVILLE REGIONAL UTILITIES – MORE THAN 20 ENERGY Energy Supply Delivery Vacancies and Retirements Status Title Filled? Group Vacant Date Vacant Principal Engineer and Utility Designer N ED Electric Engineering March '24 Vacant Energy Delivery Facilities Specialist II N ED Electric Engineering March '24 Vacant Engineer & Utility Designer III N ED Electric Engineering Jan. '24 Vacant Relay Technician N ED Relay Operations March '24 Vacant Energy Delivery Facilities Specialist II N ED Electric Engineering Feb. '25 Vacant Meter Reader N Electric Meter Measurement Operations Feb. '25 Vacant Electric Line Worker N T&D Construction Feb. '25 Vacant Electric Line Worker N T&D Construction Feb. '25 Vacant Line Worker Lead N T&D Construction June '24 Vacant Line Technician N Gas T&D Construction Apr. '25 Vacant Field Service Technician N Gas T&D Administration Feb. '25 Vacant Operational Technology Network Analyst Senior N Systems Control/Technical Support Apr. '26 Vacant GIS and Operational Systems Technician N ED GIS Operations and Standards May. '25 Vacant Electric Line Worker N T&D Construction June '25 Vacant Transmission Planning Principal Engineer N ED Electric Engineering July '25 Vacant Energy Delivery Facilities Specialist Supervisor N ED Electric Engineering July '25 Vacant Principal Engineer N Systems Control/Technical Support July '25 Vacant Systems Control Manager N Systems Control Administration July '25 Vacant Electric Line Worker Apprentice N T&D Construction Aug. '25 Vacant Gas Worker Apprentice N Gas T&D Operations Aug. '25 Vacant Field Service Technician Apprentice N Meter Services Aug. '25 Vacant Energy Delivery Facilities Specialist II N ED Electric Engineering Sept. '25 Vacant Principal Engineer and Utility Designer N ED Electric Engineering Sept. '25 Page 31 of 62 21 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY GAINESVILLE REGIONAL UTILITIES – MORE THAN 21 ENERGY Water/Wastewater Production Murphree Water Treatment Plant (Operations Normal) Permitted Capacity FY 25 YTD % of Month (mgd) FY 25 YTD (mgd) FY 24 (mgd) (mgd) Permitted Capacity Average Daily Flow 26.4 24.0 23.2 30 80% Max Daily Peak Flow 35.3 36.6 35.4 54 68% Main Street Water Reclamation Facility (Operations Normal, Reclaimed Water On) Permitted Capacity FY 25 YTD % of Month (mgd) FY 25 YTD (mgd) FY 24 (mgd) (mgd) Permitted Capacity Average Daily Flow 5.5 5.4 6.2 7.5 72% Max Daily Peak Flow 8.5 13.1 16.1 NA NA Kanapaha Water Reclamation Facility (Operations Normal, Reclaimed Water On) Permitted Capacity FY 25 YTD % of Month (mgd) FY 25 YTD (mgd) FY 24 (mgd) (mgd) Permitted Capacity Average Daily Flow 10.5 10.6 11.1 14.9 71% Max Daily Peak Flow 18.2 19.1 24.7 NA NA Page 32 of 62 23 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Water/Wastewater Environmental Compliance Water Distribution System Month FY 25 YTD FY 24 Precautionary Boil Water Notices: 0 22 25 Wastewater Collection System Month FY 25 YTD FY 24 Sanitary Sewer Overflows (SSOs) 1 18 22 SSOs By Type: Residential Grease & Toiletries 6 8 Infrastructure 1 10 4 Third-Party Damage 2 3 Wet Weather 0 Named Storms 7 Page 33 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 24 Water/Wastewater Maintenance Water Distribution System Month FY 25 YTD FY 24 Monthly Goal Dispatched Water Work Orders 407 5,238 3,866 - Water Leaks 202 2,189 1,711 - Water Damages (by 3rd Parties) 13 358 N/A - Other Water Work Orders 192 2,691 2,175 - AMI Large Meter Changeouts 5 598 1,057 - Number of Water Services Replaced 67 1058 1,278 83 Feet of Water Main Replaced 3,588 24,652 22,543 2,200 Wastewater Collection System Month FY 25 YTD FY 24 Monthly Goal Dispatched Sewer Work Orders 69 860 776 - Sewer Stoppages 17 202 226 - Sewer Damages (by 3rd Parties) 3 62 N/A - Other Sewer Work Orders 49 596 550 - SWAMP Program Miles of Gravity Main Inspected 7.4 154 214 12.5 Number of Manholes Inspected 170 3,833 5,121 200 Reclaimed Distribution System Month FY 25 YTD FY 24 Monthly Goal Dispatched Reclaim Work Orders 10 115 86 - Reclaim Leaks 1 20 12 - Reclaim Water Damages (by 3rd Parties) 0 4 N/A - Other Reclaim Work Orders 9 Page 34 of 62 91 74 - 25 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Water/Wastewater Major Projects Water Distribution • NE 8th Avenue Water Main Improvements – Construction completed; sidewalk repair scheduled for completion in October 2025. • Large Meter Changeouts for AMI – All large meter replacements completed in September 2025. Wastewater Collection • GNV Airport – 12-Inch Force Main Break – Emergency repair on Sept. 11 completed and service restored with no disruption to airport operations. • Haile Plantation Gravity Main Improvements Phase 2 – Phase 2 completed; Phase 3 began in late September with targeted completion in November 2025. • Fort Clarke Boulevard Gravity Main Replacement – Gravity main replacement ongoing; project completion expected in May 2026. Main Street Water Reclamation Facility • Construction continues on Phase 1. Electrical building gear installation and installation of new piping and equipment underway in the new headworks facility. Kanapaha Water Reclamation Facility • Work underway to complete the Operations & Maintenance Performance Report for FDEP for inclusion in the five-year operating permit renewal application. Lift Stations • Lift Station No. 24 – Mechanical equipment replacement completed. Murphree Water Treatment Plant • Rehabilitation of the 48-inch washwater drain pipe in progress. Quotes being obtained for pipe lining and installation of a new access hatch. Page 35 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 26 Water/Wastewater Vacancies and Retirements Status Title Filled? Group Vacant Date Job Posted Piping Engineer 1-4 N W/WW Engineering June ‘25 Job Posted Operator Mechanic N Water Reclamations Aug. ‘25 Job Posted Operator Mechanic N Water Reclamations Sept. ‘25 Vacant - Posting Soon Wastewater ICE Tech N Water Reclamations Nov. ‘24 Vacant - Posting Soon Wastewater ICE Tech N Water Reclamations July ‘25 Vacant - Posting Soon GIS/OS Specialist I N Wastewater Collection July ‘25 Vacant - Posting Soon GIS/OS Supervisor N WD & WWC June ‘25 Personnel Filled FTE Vacancies 151 7 Page 36 of 62 27 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Safety & Training Safety Data Month Injury Statistics First Aid Recordable Department DART* Given Injuries Administration Injuries 0 0 0 Recorded W/WW 0 0 0 0 Energy Supply 0 0 0 Energy Delivery & Gas 0 0 0 GRUCom 0 0 0 Total 0 0 0 *DART: Days away, restricted or transferred. Fiscal YTD Injury Statistics First Aid Recordable Department DART Given Injuries Injuries Administration 1 1 0 Recorded 9 W/WW 0 4 2 Energy Supply 0 1 30 Energy Delivery & Gas 0 3 11 GRUCom 1 0 0 Total 2 9 43 Page 37 of 62 29 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Safety & Training Month Vehicle Collisions & Miles Driven Recordable Preventable Department Miles Driven Collisions Collisions Administration Vehicle 10,463 0 0 Collisions W/WW 74,018 0 0 1 Energy Supply 2,760 0 0 Energy Delivery & Gas 89,088 1 0 GRUCom 4,941 0 0 Total 181,270 1 0 Fiscal YTD Vehicle Collisions & Miles Driven Recordable Preventable Department Miles Driven Collisions Collisions Administration Vehicle 99,315 1 0 Collisions W/WW 857,950 7 0 17 Energy Supply 33,583 0 0 Energy Delivery & Gas 1,196,894 7 1 GRUCom 63,349 2 1 Total 2,251,091 17 3 Page 38 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 30 Safety & Training Injury Details • None reported in September. Collision Details • Sept. 8 – While Driving W on NE 10th Ave at 18th St., Bicyclist rapidly rode through a break in a fence, entering roadway (without looking for cross traffic) and struck GRU vehicle on front passenger side door/quarter panel. Bicyclist fled scene. Page 39 of 62 31 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Customer Operations Revenue Assurance Referred Funds Prior Indebtedness to Collections Collected Bankruptcies Funds Collected $369,596.60 $99,376.69 $1,871.74 $25,851.44 YTD: $10,962,471.99 YTD: $1,043,706.22 YTD: $241,050.77 YTD: $369,266.85 Disconnections Reconnections 3,581 3,235 Billing & Customer Customer Experience Solutions Transactional • Invoicing rating: 99.97% Survey • Meter rereads: 164 • Locked reads: 8,583 4.0 • Solar invoicing rating: 100% Lobby • Processed emails: 2,253/2,255 (100%) Survey 5.0 Page 40 of 62 33 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Customer Operations New Services Building Permit Reviews 113 Active Projects Amount City 195 County 38 New Installations Amount Electric 48 Water 49 Wastewater 35 Gas 12 Solar Reviews Amount Plan Reviews 19 PVs Completed on Time 19 PV Installations 9 Avg. Handle Time (in Weeks) 5.7 Page 41 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 34 Customer Operations Customer Service Answer Speed Call Type Actual YTD Goal Residential 21:49 11:17 5:00 Total Non-residential 3:00 3:08 2:24 Calls Handle Time Call Type Actual YTD Goal 14,874 Residential 8:07 8:12 6:00 Non-residential 8:37 8:40 6:00 Other Statistics Payments Lobby Project Social Returned Visits Share Service Vouchers $3,402.59 848 3,411 16 $425,198.14 $11,814.78 Page 42 of 62 35 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY Customer Operations Payment Type Details Payment Type Transactions Transactions YTD $ Amount $ Amount YTD Drop Box 1,906 5,018 $1,147,390.37 $2,641,035.76 Mailed 15,360 209,355 $15,752,533.28 $183,668,840.61 Office Payment 34 516 $10,875.48 $195,510.93 Drive Thru 4,100 50,990 $1,920,457.26 $29,644,657.67 Kubra Cash 231 2,295 $49,231.42 $464,678.05 Check Free 6,593 80,328 $2,377,824.06 $27,686,059.65 Kubra ACH 18,039 213,090 $6,438,025.53 $66,810,723.94 Collection Agency 54 714 $20,995.07 $241,376.76 Kubra CC/EZPAY 25,431 288,083 $6,164,065.04 $56,849,833.83 Lobby Walk-Ins 2,340 27,883 $917,814.56 $12,541,552.11 Direct Debit 32,857 287,162 $10,590,699.84 $111,495,739.60 Page 43 of 62 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY 36 Customer Operations Energy & Business Services Residential Surveys 69 Commercial Surveys 6 plus LEEPplus Applications Received 0 plus LEEPplus Pre-Inspections 1 plus LEEPplus Completed Homes 4 Page 44 of 62 37 GAINESVILLE REGIONAL UTILITIES – MORE THAN ENERGY  FY25 September State of the Utility Page 45 of 62  Gainesville Regional Utilities Authority Agenda Item Report File Number: 2025-903 Agenda Date: November 12, 2025 Department: Gainesville Regional Utilities Title: 2025-903 GRU’s Waiver from FERC’s Independent Functioning Rule (B) Department: Gainesville Regional Utilities/Energy Delivery Description: A review of the waiver granted to GRU regarding the applicability of the Federal Energy Regulatory Commission’s (FERC) Independent Functioning Rule to GRU. Fiscal Note: GRU’s personnel compliance costs are less potentially burdensome (no longer requiring multiple FTEs) and now allow common sense operational practices (e.g., cross training) with a waiver from FERC’s Independent Functioning Rule. Legal expenses associated with obtaining the waiver amounted to $8,369. Explanation: A legal review determined that although GRU is a municipal utility and not a “public utility” under the Federal Power Act, FERC’s Independent Functioning Rule (18 C.F.R. § 358.5) applies to GRU when taking transmission service under another utility’s Open Access Transmission Tariff through reciprocity. GRU owns and operates interstate transmission facilities and conducts marketing functions through internal staff and The Energy Authority (TEA). To preserve operational flexibility for consolidating or cross-training transmission and marketing personnel—which would otherwise conflict with separation-of-functions requirements—staff recommended seeking a waiver. FERC permits waivers for small public utilities, and GRU met the qualifying criteria. On September 10, 2025, the Authority authorized its Utilities Attorney to apply for the waiver, with a legal budget not to exceed $20,000. On October 28, 2025, FERC issued an order in Docket No. TS25-4-000 granting GRU’s request for a waiver of the Standards of Conduct, including the Independent Functioning Rule. The waiver remains in effect unless a complaint is filed and sustained or a material change in facts requires GRU to notify FERC. Recommendation: No further Authority action is required at this time. GRU will monitor for any material changes that could affect the waiver and will report back as needed. Staff will ensure compliance with FERC’s conditions, including required notification to the Commission should any material change occur. Page 46 of 62  2025-903A Page 47 of 62 Page 48 of 62 Page 49 of 62 Page 50 of 62 Page 51 of 62 Page 52 of 62  Gainesville Regional Utilities Authority Agenda Item Report File Number: 2025-904 Agenda Date: November 12, 2025 Department: Gainesville Regional Utilities Title: 2025-904 Horizontal Directional Drilling (B) Department: Gainesville Regional Utilities/Water & Wastewater Description: GRU’s water, wastewater, natural gas, and telecommunication systems install underground pipe, conduit, and cable through trenchless technology known as horizontal directional drilling. This type of drilling is used when trenching or excavation is not practical at a work site, such as a roadway or sidewalk. Work can be performed at the site to repair or install water, wastewater, natural gas, and telecommunication infrastructure equipment with fewer open cuts, reducing repair costs, expediting service restoration, improving public safety, and minimizing interruptions to customers or citizens vehicular, bike, or pedestrian routes. Establishing an annual contract for these services allows GRU departments to have a contractor available to perform horizontal directional drilling services as needed to facilitate repairs or new service. The combined annual cost for these services is approximately $2,500,000. An Invitation to Bid for this work was issued by Utilities Procurement to the known companies that perform this type of work, and the bid was posted on OpenGov. Two bids were received and evaluated based on pricing, experience, resources, and safety. D&D, Inc. and General Underground, LLC. submitted bids and are both recommended for award of a contract to optimize greater resource availability since this contract is used in multiple GRU areas. Attached is the Intent to Award Notification. Fiscal Note: Funding for this work is included in GRU’s Capital Improvements budget for FY26 and will be requested in future fiscal year budgets. Recommendation: The GRU Authority authorize the CEO, or designee to 1. Execute an annual contract for a three-year period with two (2) one-year renewals with D&D, Inc. and General Underground LLC for Horizontal Directional Drilling services, subject to the approval of the Utilities Attorney as to form and legality. 2. Approve the issuance of purchase orders to D&D, Inc. and General Underground, LLC in amounts not exceeding budgeted amounts for each year of the contract, subject to the appropriation of funds for these services for each fiscal year of the contract. Page 53 of 62  2025-904A GAINESVILLE REGIONAL UTILITIES PURCHASING DIVISION NOTICE OF INTENT TO AWARD ITB# 2025-103 HORIZONTAL DIRECTIONAL DRILLING ~Via OpenGov~ October 13, 2025 To All Respondents of Solicitation No. 2025-103 for Horizontal Directional Drilling. Gainesville Regional Utilities has completed its review of the responses submitted to the above referenced Solicitation and is recommending award to both Respondents D&D, Inc. and General Underground, LLC. as the most Responsive Responsible Respondents. Below is a list of the Respondents in no particular order. VENDOR NAME CONTACT PERSON D&D, Inc. David Dollar General Underground, LLC. Chris Brown Thank you for your time participating on this ITB and for your interest in doing business with Gainesville Regional Utilities (GRU). If you have any questions, please contact me at via email at veleza1@gru.com. Regards, Annie Velez Procurement Specialist III Page 54 of 62  Gainesville Regional Utilities Authority Agenda Item Report File Number: 2025-905 Agenda Date: November 12, 2025 Department: Gainesville Regional Utilities Title: 2025-905 GRU Review – October, 2025 (B) Department: Gainesville Regional Utilities/Office of the Chief Executive Officer Description: An update to the Board on the significant and most meaningful events since the last board meeting. The GRU Review isn’t meant to replace all the granularity of the State of the Utility (which is under Consent Agenda), it is intended to supplement it and can evolve over time depending on the requirements set forth by the Board. Fiscal Note: None Recommendation: The Authority hear a presentation from the Ceo and ask questions, if desired. Page 55 of 62  2025-905A GRU Review October 2025 Page 56 of 62  GRU People Resources • Vacancy rate bumped up from 8.51% in August to 8.84% in September • FTEs are under 800 (taking out the HR folks previously under City HR) • Hard to hire with such uncertainty • CBA meetings have been suspended until governance is finalized Page 57 of 62  Financial Performance Page 58 of 62  Key Financial Variances Variance In Millions of Dollars System-Wide Revenues $11.6 Federal/State Grants $ 7.2 GRUCOM non-labor $ .9 M Turbine/Boiler outages, Software Systems/Insurance ($ 1.7) – Kelly outage Wages/Salaries/Fringes ($ 4.0) – See Attached Interest Income ($ 5.7) - $3 M in Arbitrage Rebate set aside plus lower investment funds Interest Expense ($ 1.2) - < 2% variance Other (Sum of minor variances) ($ .7) M Page 59 of 62  Wages/Salaries/Fringes Variance In Millions of Dollars Lower salary/regular wages $ .8 M Lower absorption into CAPEX ($ 2.6) Higher O/T (Storm events, unplanned emergencies) ($ 1.1) Higher Pension contribution ($ .9) M Higher Fringes ($ .2) M Total Wages/Salaries/Fringes Variance ($ 4.0) Page 60 of 62  Community • GRU awarded FMEA Building Strong • GRU represented by Energy Supply Communities Award and Energy Delivery at Sante Fe Fall Career Fair • Walt Banks is finalist for 2026 ORBIE • First ever Campus Safe and Sound Award representing Excellence I CIO event at EOC campus promoting Technology and Leadership safety in the workplace • Debbie Daugherty recognized by the • Charitable campaign underway with Design Build Institute of America for a goal of collecting $30k for fostering collaboration at an event in community charities October Page 61 of 62  GRU Governance Update THE CITY IS ENJOINED FROM TAKING ANY ACTION TO ENFORCE ANY CHARTER AMENDMENT RESULTING IN THE DISSOLUTION OF THE GRUA, SET FORTH IN ANY CITY ORDINANCE UNTIL THE RESOLUTION OF THE 1st DCA APPEAL The Appeal seeks to overturn the trial court’s judgement that the Gainesville City Commission has the legal authority to undo HB 1645 (The Special Act) Page 62 of 62