Tuolumne Wind Project Authority Management’s Discussion and Analysis (Unaudited) (dollars in thousands)
Summary of Financial Position and Changes in Net Position as of and for the years ended December 31, 2020, 2019, and 2018: 2020 ASSETS AND DEFERRED OUTFLOWS Noncurrent lease receivable Restricted cash, cash equivalents, and investments Other current assets Deferred outflows of resources Total assets and deferred outflows LIABILITIES AND NET POSITION Long-term debt Other noncurrent liabilities Other current liabilities
257,859 41,999 18,185 18,303
$
272,574 41,163 20,148 21,347
$
286,729 53,385 10,520 24,597
$
336,346
$
355,232
$
375,231
$
298,056 14,580 23,710
$
317,449 14,430 23,353
$
336,577 14,430 24,224
336,346
355,232
375,231
-
-
-
NET POSITION $
336,346
$
2020 OPERATING REVENUES Lease revenue
$
OPERATING EXPENSES Transmission Land leases Operation and maintenance Administrative and general
355,232
$
2019
24,794
$
375,231 2018
25,352
$
25,639
3,421 1,203 6,926 1,811
3,771 1,034 7,156 1,696
4,462 1,084 5,535 1,934
Total operating expenses
13,361
13,657
13,015
Operating income
11,433
11,695
12,624
3,978 (15,411)
4,199 (15,894)
3,965 (16,589)
(11,433)
(11,695)
(12,624)
NONOPERATING REVENUES AND EXPENSES Other income Interest expense, net Total nonoperating revenues and expenses Change in net position NET POSITION Beginning of year End of year
4
2018 as restated
$
Total liabilities
Total liabilities and net position
2019
$
-
-
-
-
-
-
-
$
-
$
-
