Board Of Aldermen - Agenda - 4/9/2019 - P35

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¢ Implementation of the new Revenue Recognition standard (ASU No. 2014-09), including
new accounting methodology and reporting.

e Complete the evaluation, design and negotiations relating to the potential move of the
Company’s headquarters facilities to a new location in the City during 2020.

¢ Continued participation in multiple educational outreach efforts within the Company’s
customer coverage radius.

Other detailed information is included in the Company’s financial statements.

Sincerely,

2 f
Larry D. Goodhue
Chief Executive Officer,

Chief Financial Officer
and Treasurer