Waupun Utilities Commission

A G E N D A WAUPUN UTILITIES COMMISSION MEETING 817 S. Madison Street Monday, September 14, 2026 at 4:00 PM There is a regular commission meeting scheduled for Monday, September 14, 2026 at 4:00 p.m. at the Waupun Utilities Administrative Building, with option to join via virtual and teleconference. Instructions to join the meeting are provided below: JOIN ZOOM MEETING https://us02web.zoom.us/j/89819520743?pwd=amNEeGRJTzBNaVdhUHhpcUdDNGNwdz09 By Phone: 1 312 626 6799 Meeting ID: 898 1952 0743 Passcode: 061341 CALL TO ORDER ROLL CALL OF COMMISSIONERS PERSONS WISHING TO ADDRESS COMMISSION – State name, address, and subject of comments (2 Minutes) CONSIDERATION - ACTION 1. Approval of Minutes from August 10, 2026 2. Approval of August 2026 Accounts Payable 3. Finance Director Report and Approval of Monthly Financial Results 4. Discussion / Approval of PGS1 Tariff Group Filing with PSCW DISCUSSION - REVIEW 5. Substation Transformer Update DEPARTMENT REPORTS 6. General Manager Report 7. Electric Operations Report 8. Treatment Facilities Report 9. Water and Sewer Operations Report 10. Energy Services Manager Report ADJOURNMENT Upon reasonable notice, efforts will be made to accommodate disabled individuals through appropriate aids and services. For additional information, contact the General Manager at 920- 324-7920. Minutes of a Regular Meeting of the Waupun Utilities Commission Monday, August 10, 2026 Meeting called to order by President Heeringa at 4:00 p.m. Present: Commissioners Daane (virtual), Heeringa, Homan (virtual), Mielke, Siebers, and Thurmer, and Mayor Bishop Absent with notice: Commissioner Kunz Alderman Kaczmarski, Chelsea Lisowe of WPPI, and Jason Whitford (virtual) were present as visitors. Mike Peters, President & CEO of WPPI Energy, was present to provide an overview of WPPI’s member-driven mission, including its member-owned and member-governed structure, member benefits, customer benefits, and the proposed member contract extension, which would extend the current contract term from 2055 to 2073. In continuation of the discussion regarding the WPPI contract extension, General Manager Brooks presented a resolution recommending that the Waupun Common Council approve Amendment No. 3 to the Long Term Power Supply Contract for Participating Members. Motion by Thurmer, seconded by Mielke, and unanimously carried on roll call vote, 4 aye, 0 nay, to approve the resolution. Daane – aye, Mielke – aye, Siebers – aye, and Thurmer – aye. Motion made by Thurmer, seconded by Siebers, and unanimously carried to approve the minutes from the July 13, 2026 meeting. Motion by Siebers, seconded by Thurmer, and unanimously carried to approve the bills for the month of July 2026 as presented. On motion by Siebers, seconded by Mielke, and unanimously carried, year-to-date financial reports through June 2026 were approved as presented by Finance Director Stanek. Electric operating income was $392,900. Water operating income was $260,800. Sewer operating income was $41,700. General Manager Brooks presented highlights from his monthly report, including the July 15 MISO emergency event and peak load response, current hiring efforts and an internal promotion, an update regarding the Comtech substation transformer failure, cybersecurity threats, and an upcoming conference. Electric Operations Superintendent Vande Kolk reported on outages, the mutual aid response in Menasha, upcoming developments and planning, and WPPI GIS and Meter Tech services being utilized. Three crew members provided mutual aid assistance in Menasha from July 27–30, with one crew member remaining through August 6. Treatment Facilities Superintendent Sytsma reported on operations and maintenance activities at the water and wastewater treatment facilities, including water tower inspections, a water main Waupun Utilities Commission August 10, 2026 Meeting Minutes Page 2 break, an internal staff promotion, Youth Apprentice training, Building #15 roof replacement, and preventative maintenance in the process building. Ben Smith has been promoted to Water/Wastewater Facilities Operator – Lead. General Manager Brooks provided a brief overview of the Water and Sewer Operations Report, noting that work on the Alley Way project is progressing well and commending staff for their efforts and coordination with contractors. Motion by Thurmer, seconded by Mielke, and unanimously carried to adjourn the meeting at 5:32 p.m. The next regular commission meeting will be held on September 14, 2026, at 4:00 p.m. Jen Benson Office & Customer Service Supervisor WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 1 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date ACTIVE OUTFITTERS 700 8/19/2026 OFFICE CLOTHING A LLOCATION 08/19/ 2026 488.00 488.00 513 46 08/19/2026 Total ACTIVE OUTFITTERS: 488.00 488.00 AIRGAS USA INC 855 5526230077 ACETYLENE/OXYGEN/NIT ROGEN-E 08/11/2026 69.62 69.62 513 31 08/11/2026 5526230077 ACETYLENE/OXYGEN/NITROGEN-W 08/11/2026 69.62 69.62 51331 0 8/11/2026 5526230077 ACETYLENE/OXYGEN/NITROGEN-S 08/11/2026 69.61 69.61 51331 0 8/11/2026 Total AIRGAS USA INC: 208.85 208.85 ALLIANT ENERGY 900 183035.07312026 GAS UTILITY - WA TER PLANT 08/11/2026 219.74 219. 74 81120261 08/11/2026 3261389217.07312 WWTF- PROCESS BLD, GR EEN HOUSE AND PUMP BLD 08/1 1/2026 209.37 209. 37 81120261 08/11/2026 43700000.0731202 GAS UTIL BI LL @ N2721 FDL ST - ADMIN/DIGESTER BLD 08/11/2026 227.56 227.56 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 2% E 08/11/2026 1.2 0 1.20 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 2% S 08/11/2026 1.2 0 1.20 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 2% W 08/11/2026 1.2 0 1.20 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 27% E 08/11/2026 16 .20 16.20 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 27% S 08/11/2026 16 .20 16.20 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 27% W 08/11/2026 16 .19 16.19 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 4% S 08/11/2026 2.4 0 2.40 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 4% W 08/11/2026 2.4 0 2.40 81120261 08/11/2026 590516.07312026 SPLIT DISTRIBUTION- MAIN BLD - 5% E 08/11/2026 3.0 0 3.00 81120261 08/11/2026 80105.07312026 GAS UTILITY FOR WELLHOUSE #5 08/11/2026 14.70 14.70 8 1120261 08/11/2026 931084.07312026 GAS UTIL @ N2721 FDL ST - FILTER & DEWATERING BLD 08/11/2026 50.64 50.64 81120261 08/11/2026 Total ALLIANT ENERGY: 782.00 782.00 AMAZON CAPITAL SERVICES 1015 11YJ-QKKF-3RDV (3) RATCHET ST RAPS FOR UNITS 171 & 172 08/28/2 026 170.97 170.97 1182 08/28/2026 13FT-TNJF-1HP9 WWTF - AIR FRESHNER'S 08/ 28/2026 20.49 20.49 1182 08/2 8/2026 13FT-TNJF-1HP9 MAIN BLD OFFICE SUPPLES 08/28/2026 16.32 16.32 1182 08 /28/2026 13FT-TNJF-1HP9 MAIN BLD OFFICE SUPPLES 08/28/2026 12.25 12.25 1182 08 /28/2026 13FT-TNJF-1HP9 MAIN BLD OFFICE SUPPLES 08/28/2026 12.24 12.24 1182 08 /28/2026 13FT-TNJF-1HP9 IPAD CASE FOR LINEMAN APPRENTICE 08/28/2026 23.99 23 .99 1182 08/28/2026 14LF-VQV4-PR16 SAFETY GLASSES ELECTRIC 08/11/2026 211.71 211.71 1162 08/11/2026 191J-GGFY-GNNX WWTP SLUDGE STORAGE LEVEL TRANSMITTER 08/11/2026 32 .51 32.51 1162 08/11/2026 1LYP-TYQX-YRY9 MAIN BLD SANITARY SUPPLIES 08/28/2026 15.58 15.58 118 2 08/28/2026 1LYP-TYQX-YRY9 MAIN BLD SANITARY SUPPLIES 08/28/2026 16.11 16.11 118 2 08/28/2026 1LYP-TYQX-YRY9 MAIN BLD SANITARY SUPPLIES 08/28/2026 20.27 20.27 118 2 08/28/2026 1MYW-N7WD-RFP WWTP ROLLER BR ACKETS 08/11/2026 134. 95 134.95 1162 08/1 1/2026 Total AMAZON CAPITAL SERVICES: 687.39 687.39 AT&T MOBILITY 1560 287362417474X072 CELLPHONE MONTHLY EXPENSES-E 08/11/2026 124.7 4 124.74 81120262 08/11/2026 287362417474X072 CELLPHONE MONTHLY E XPENSES-W 08/11/2026 77.84 77.8 4 81120262 08/11/2026 287362417474X072 CELLPHONE MONTHLY E XPENSES-S 08/11/2026 77.36 77.3 6 81120262 08/11/2026 Total AT&T MOBILITY: 279.94 279.94 BATTERIES PLUS LLC 2480 P93782742 OFFICE BATTERIES ( AA & AAA) 08/11/2026 14.69 14.69 116 3 08/11/2026 P93782742 OFFICE BATTERIES (AA & AAA) 08/11/ 2026 15.18 15.18 1163 08/ 11/2026 P93782742 OFFICE BATTERIES (AA & AAA) 08/11/ 2026 19.09 19.09 1163 08/ 11/2026 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 2 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date Total BATTERIES PLUS LLC: 48.96 48.96 BORDER STATES ELECTRIC SUPPLY 3300 932916569 FUSE LINK BOXES (159) ) 08/11/2026 412.70 412.70 1164 08 /11/2026 Total BORDER STATES ELECTRIC SUPPLY: 412.70 412.70 BROOKS SHOES & REPAIR 3550 58657 SAFETY BOOTS FOR DAVID SCHLICHTING 08/28/2026 175.00 175. 00 1183 08/28/2026 Total BROOKS SHOES & REPAIR: 175.00 175.00 BYTEC RESOURCE MANAGEMENT 3900 0024434-IN ALGAE DISPOSAL ON 7/16/26 08/11/2026 150.00 150.00 51 332 08/11/2026 Total BYTEC RESOURCE MANAGEMENT: 150.00 150.00 CAREW CONCRETE & SUPPLY CO 5600 1344817 AG- 3/4" CRUSHER 08/11/2026 254.27 254.27 1165 08/11/2026 1344817 AG- 3/4" CRUSHER 08/11/2026 254.27 254.27 1165 08/11/2026 1344817 AG- 3/4" CRUSHER 08/11/2026 254.26 254.26 1165 08/11/2026 1345026 AG- 3/4" CRUSHER (QTY 53T) 08/28/2026 425.04 425.04 1184 08/2 8/2026 Total CAREW CONCRETE & SUPPLY CO: 1,187.84 1,187.84 CENTRAL CABLE CONTRACTORS INC 5750 11057 BORE (1) 2' HDPE CONDUIT (200 FT)- 602 HOARD RD 08/28/2 026 3,400.00 3,400. 00 51348 08/28/2026 Total CENTRAL CABLE CONTRACTORS INC: 3,400.00 3,400.00 COLUMN SOFTWARE PBC 6115 A1CF33FA-0026 RFP BID AD FOR COMMERCIAL BLD BASE 08/28/2026 10 7.27 107.27 1186 08/28/2026 A1CF33FA-0027 MNTHLY MEETING MINS-E 08/28/2026 44. 43 44.43 1186 08/28 /2026 A1CF33FA-0027 MNTHLY MEETING MINS-W 08/28/2026 35. 31 35.31 1186 08/28 /2026 A1CF33FA-0027 MNTHLY MEETING MINS-S 08/28/2026 34. 17 34.17 1186 08/28 /2026 A1CF33FA-0028 BID AD FOR VOLTAGE REGULATOR - NEW SUB 08/28/2026 10 2.05 102.05 1186 08/28/2026 A1CF33FA-0029 BID AD FOR 15KV BREAKERS - MAIN SUB 08/28/2026 100.3 0 100.30 1186 08/28/2026 Total COLUMN SOFTWARE PBC: 423.53 423.53 CORE & MAIN LP 6310 Z466315 1" IPEARL WATER METE R (1) 08/11/2026 270.00 270.00 1166 0 8/11/2026 Z466315 METER SHIPPING 08/ 11/2026 28.14 28.14 1166 08/11/2026 Total CORE & MAIN LP: 298.14 298.14 CT LABORATORIES 6610 207243 NITROGEN, NITROGEN KJE T, NO2+NO3 TESTING TOTAL 08/28/ 2026 56.00 56.00 1187 08/28/2026 Total CT LABORATORIES: 56.00 56.00 DEVRIES WELDING LLC 7100 03144 CLARIFIER COVERS (4) 08/11/2026 608.80 608. 80 51333 08/11/2 026 Total DEVRIES WELDING LLC: 608.80 608.80 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 3 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date DIGGERS HOTLINE INC. 7300 260731801 MONTHLY LOCATE TICKET CHRGS 08/11/2026 296.40 296.40 5 1334 08/11/2026 Total DIGGERS HOTLINE INC.: 296.40 296.40 ENVISION GREATER FOND DU LAC 8520 WBA GOLF SPONS 2026 WAUPUN BUISN ESS ALLIANCE GOLF SPONSORSHI 08/11/2026 250.00 250. 00 51335 08/11/2026 Total ENVISION GREATER FOND DU LAC: 250.00 250.00 FABICK RENTAL 9155 SIMS0114754 #5 COMPACTO R VIB PLATE REPAIR 08/11/2026 1,813.69 1 ,813.69 51336 08/11/2026 SIMS0114754 #5 COMPACTOR VIB PLATE REPAIR 08/11/2026 1,813.70 1,813 .70 51336 08/11/2026 SIMS0114756 #5 COMPACTOR VIB PLATE REPAIR 08/11/2026 1,011.65 1,011 .65 51336 08/11/2026 SIMS0114756 #5 COMPACTOR VIB PLATE REPAIR 08/11/2026 1,011.65 1,011 .65 51336 08/11/2026 Total FABICK RENTAL: 5,650.69 5,650.69 MARTENS ACE HARDWARE 9200 252516 UNIT 172 ELECTRIC TOOLS - LADDER 08/11/ 2026 349.99 349.9 9 1173 08/11/2026 252601 PIPE REPAIR MATERIALS - WTF 08/11/ 2026 63.57 63.57 1173 08/11/ 2026 252653 WATER PLANT TUBING FOR LAB SINK 08/28/2026 15.98 15.98 1196 08 /28/2026 252720 PVC FOR WWTP PROCESS BLDING STRAINER DRAIN 08/28/2026 38.96 38.96 1196 08/28/2026 252795 BATTERY & BUSHINGS FOR WWT P PROCESS BLDING ST 08/28/2026 8. 98 8.98 1196 08/28/2026 252844 CONNECTORS, COUPLINGS, PVC 08/28/2026 51.93 51.93 1196 08/28/2 026 52604 JOINT COMPOUND - COPPER PIPE REPAIR - WTF 08/11/2026 8.99 8.9 9 1173 08/11/2026 Total MARTENS ACE HARDWARE: 538.40 538.40 FORSTER ELECTRICAL ENGINEERING 9885 27802 NEW SUBSTATION - ENGI NEERING 08/11/ 2026 51,123.75 51,123. 75 1167 08/11/2026 27827 TEMP TRANSFORMER EVAL - COMTECH SUB FAULT 08/11/2026 14,749. 25 14,749.25 1167 08/11/2026 27873 COMTECH SUB XFMR REPLACEMENT ANALYSIS 08/11/ 2026 7,631.25 7,6 31.25 1167 08/11/2026 27916 NEW BUSINESS PARK SUB - ENGINEERING 08/11/2026 12,146.00 12,1 46.00 1167 08/11/2026 Total FORSTER ELECTRICAL ENGINEERING: 85,650.25 85,650.25 FOX COMPUTER & NETWORKING INC 9920 340319 UPS SHIPPING - ALGAE SAM PLE FOR TESTING 08/28/2026 23.6 3 23.63 1188 08/28/2026 340320 SHIP REMOTE FOR DIGGER TRUCK UNIT 150 08/28/2026 115.30 115. 30 1188 08/28/2026 Total FOX COMPUTER & NETWORKING INC: 138.93 138.93 GFL ENVIRONMENTAL 11300 U90000335519 DUMPSTER - OFFICE B LDG-E 40% 08/28/2026 346.90 34 6.90 1189 08/28/2026 U90000335519 DUMPSTER - OFFICE BLDG-S 30% 08/28/2026 260.17 260.17 1 189 08/28/2026 U90000335519 DUMPSTER - OFFICE BLDG-W 30% 08/28/2026 260.17 260.17 1 189 08/28/2026 U90000335757 DUMPSTER - WWTP 08/28/ 2026 4,205.69 4,205.69 1189 08/28/ 2026 Total GFL ENVIRONMENTAL: 5,072.93 5,072.93 GORDON FLESCH COMPANY INC 11325 IN15719854 MTHLY CLICK COUNTS -E (39%) 08/28/2026 18.92 18.92 1 190 08/28/2026 IN15719854 MTHLY CLICK COUNTS -S (30%) 08/28/2026 14.56 14.56 1190 08 /28/2026 IN15719854 MTHLY CLICK COUNTS -W (31%) 08/28/2026 15.04 15.04 1190 08 /28/2026 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 4 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date Total GORDON FLESCH COMPANY INC: 48.52 48.52 GRAINGER 11400 9024521917 WWTP PVC & VALVES 08/ 11/2026 389.53 389.53 1168 08/11 /2026 9027212001 REPAIR CHEMICAL FEED CO PPER LINES - WATER PLAN 08/11/2 026 63.82 63.82 1168 08/11/2026 9045065225 2" X 1 1/2" GALVANIZE BUSHING (24) 08/28/2026 271.20 271 .20 1191 08/28/2026 Total GRAINGER: 724.55 724.55 GUENTHER SUPPLY INC 11700 INV-550421 ABNR - PARTS FOR DISCHARGE CONE FOR CENTRIFUG 08/ 28/2026 82.44 82.44 1192 08/28/2026 INV-550521 ABNR-ITEMS FOR DISCHARGE CONE FOR CENTRIFUGE 08/28/20 26 124.09 124.09 1192 08/28/2026 Total GUENTHER SUPPLY INC: 206.53 206.53 HYDROCORP LLC 13985 CI-14525 CROSS CNNCTN CONTROL PROG & INSP/REP SERV 08/11/202 6 1,304.00 1,304. 00 1169 08/11/2026 CI-14528 CROSS CNNCTN CONTROL PROG & INSP/REP SERV 08/11/2026 950. 00 950.00 1169 08/11/2026 CI-15127 CROSS CNNCTN CONTROL PROG & INSP (NON-RES) 08/28/2026 1,3 04.00 1,304.00 1193 08/28/2026 CI-15130 CROSS CNNCTN CONTROL PROG & INSP (RESIDENTIAL) 08/28/202 6 950.00 950.00 1193 08/28/2026 Total HYDROCORP LLC: 4,508.00 4,508.00 ICS MEDICAL ANSWERING SERVICE LLC 14120 251800101101 ANSWERING SERVICE - E 08/11/2026 149.53 149.53 117 0 08/11/2026 251800101101 ANSWERING SERVICE - W 08/11/2026 118.85 118.85 1170 08/1 1/2026 251800101101 ANSWERING SERVICE - S 08/11/2026 115.02 115.02 1170 08/1 1/2026 252100101101 ANSWERING SERVICE - E 08/11/2026 118.41 118.41 1170 08/1 1/2026 252100101101 ANSWERING SERVICE - W 08/11/2026 94.12 94.12 1170 08/11/ 2026 252100101101 ANSWERING SERVICE - S 08/11/2026 91.09 91.09 1170 08/11/ 2026 Total ICS MEDICAL ANSWERING SERVICE LLC: 687.02 687.02 INFOSEND INC 14490 315829 BILL PRINT & POSTAGE-E (39%) 08/11/2026 5.87 5.87 1171 08 /11/2026 315829 BILL PRINT & POSTAGE-S (30%) 08/11/2026 4.51 4.51 1171 08/11/2 026 315829 BILL PRINT & POSTAGE-W (31%) 08/11/2026 4.66 4.66 1171 08/11/2 026 Total INFOSEND INC: 15.04 15.04 STUART IRBY CO LLC 14890 S014613445.002 URD TERMINATORS - 4/0 - 500 (3) 08/11/2026 705 .00 705.00 1178 08/11/2026 S014676493.001 1/0 STR ALUM URD PRIMARY (2760) 08/11/2026 13,496.4 0 13,496.40 1178 08/11/2026 Total STUART IRBY CO LLC: 14,201.40 14,201.40 ITU ABSORB TECH INC. 14950 8777576 SHOP TOWELS MTHLY RENT AL FEE-E 08/28/2026 14.48 14.48 1 194 08/28/2026 8777576 SHOP TOWELS MTHLY RENTAL FEE-S 08/28/2026 14.47 14.47 1194 08 /28/2026 8777576 SHOP TOWELS MTHLY RENTAL FEE-W 08/28/2026 14.48 14.48 1194 08 /28/2026 8777577 SHOP TOWELS FOR WWTP 08/28/2026 25.61 25. 61 1194 08/28/2026 Total ITU ABSORB TECH INC.: 69.04 69.04 J & H CONTROLS INC 16000 10000028396 BUILDING PREVENTATIVE MAINT.- WWTP REFRIGERANT 0 8/11/2026 26.02 26. 02 1172 08/11/2026 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 5 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date 10000028451 BUILDING PREVENTATIVE MAINT. - E 08/28/2026 209.20 209. 20 1195 08/28/2026 10000028451 BUILDING PREVENTATIVE MAINT. - S 08/28/2026 156.90 156. 90 1195 08/28/2026 10000028451 BUILDING PREVENTATIVE MAINT. - W 08/28/2026 156.90 156. 90 1195 08/28/2026 10000028452 BUILDING MAINT MTHLY CHRG-WTP 08/28/2026 199.00 199.00 1 195 08/28/2026 Total J & H CONTROLS INC: 748.02 748.02 KNOWLES PRODUCE & TRADING CO 17650 CT47695 #19 LAWNMOWER PARTS 08/28/2026 33.64 33. 64 51349 08/28/2 026 CT47695 #19 LAWNMOWER PARTS 08/ 28/2026 33.64 33.64 51349 08/28/2026 CT47695 #19 LAWNMOWER PARTS 08/ 28/2026 33.64 33.64 51349 08/28/2026 Total KNOWLES PRODUCE & TRADING CO: 100.92 100.92 MARTELLE WATER TREATMENT INC. 20250 32100 CASTIC SODA 50% BULK - W TF (WATER PH ADJUSTMEN 08/11/2 026 3,247.48 3,247. 48 51337 08/11/2026 Total MARTELLE WATER TREATMENT INC.: 3 ,247.48 3,247.48 NAPA AUTO PARTS 30900 472435 UNIT 23 OIL FILTER 08/11/2026 28. 14 28.14 1174 08/11/2026 472435 UNIT 23 OIL FILTER 08/11/2026 28. 13 28.13 1174 08/11/2026 472435 UNIT 23 OIL FILTER 08/11/2026 28. 13 28.13 1174 08/11/2026 472455 UNIT 23 MINITURE LIGHTBULBS 08/ 11/2026 9.81 9.81 1174 08/11/20 26 472455 UNIT 23 MINITURE LIGHTBULBS 08/ 11/2026 9.81 9.81 1174 08/11/20 26 472455 UNIT 23 MINITURE LIGHTBULBS 08/ 11/2026 9.81 9.81 1174 08/11/20 26 472983 SHOP TOWELS 08/28/ 2026 116.60 116.60 1197 08/28/2026 472983 SHOP TOWELS 08/28/ 2026 116.60 116.60 1197 08/28/2026 472983 SHOP TOWELS 08/28/ 2026 116.60 116.60 1197 08/28/2026 473696 UNIT 146 OIL 08/28/2026 8.13 8. 13 1197 08/28/2026 473696 UNIT 146 OIL 08/28/2026 8.13 8. 13 1197 08/28/2026 Total NAPA AUTO PARTS: 479.89 479.89 NORTH SHORE ANALYTICAL INC. 38500 15517 EFFLUENT & INFLUENT T ESTING - WWTF 08/28/2026 270.00 270 .00 1198 08/28/2026 Total NORTH SHORE ANALYTICAL INC.: 270.00 270.00 ODP BUSINESS SOLUTIONS LLC 38877 475409877.001 MAIN BUILDING OFFI CE SUPPLIES - E 08/28/2026 75 .51 75.51 1199 08/28/2026 475409877.001 MAIN BUILDING OFFICE SUPPLIES - W 08/28/2026 60.02 60 .02 1199 08/28/2026 475409877.001 MAIN BUILDING OFFICE SUPPLIES-S 08/28/2026 58.09 58.0 9 1199 08/28/2026 Total ODP BUSINESS SOLUTIONS LLC: 193.62 193.62 ONLINE INFORMATION SERVICES 38940 1405896 ONLINE UTILITY EXCHA NGE-E 08/11/2026 13.30 13.30 811202 63 08/11/2026 1405896 ONLINE UTILITY EXCHANGE-W 08/11/2026 10.58 10.58 81120263 08/ 11/2026 1405896 ONLINE UTILITY EXCHANGE-S 08/11/2026 10.24 10.24 81120263 08/ 11/2026 Total ONLINE INFORMATION SERVICES: 34.12 34.12 ONSOLVE, LLC 38955 15374191 ONE CALL NOW CALL CREDI TS - 2,000 MSGS 08/28/2026 11 7.00 117.00 1200 08/28/2026 15374191 ONE CALL NOW CALL CREDITS - 2,000 MSGS 08/28/2026 93.00 93 .00 1200 08/28/2026 15374191 ONE CALL NOW CALL CREDITS - 2,000 MSGS 08/28/2026 90.00 90 .00 1200 08/28/2026 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 6 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date Total ONSOLVE, LLC: 300.00 300.00 O'REILLY AUTO PARTS 38970 2391-242939 BATTERY UNIT 8 08/ 11/2026 32.94 32.94 1175 08/11/202 6 2391-242939 BATTERY UNIT 8 08/ 11/2026 32.94 32.94 1175 08/11/2026 2391-242939 BATTERY UNIT 8 08/ 11/2026 32.93 32.93 1175 08/11/2026 Total O'REILLY AUTO PARTS: 98.81 98.81 PAYMENT SERVICE NETWORK 40285 328181 RT17076-CREDIT CARD F EES-E 65% 08/11/ 2026 614.64 614.64 81120264 08/11/2026 328181 RT17076-CREDIT CARD FEES-S 17% 08/11/2026 160.75 160.75 81120 264 08/11/2026 328181 RT17076-CREDIT CARD FEES-W 18% 08/11/2026 170.21 170.21 81120 264 08/11/2026 328801 RT28446-CREDIT CARD FEES-E 38% 08/11/ 2026 2.09 2.09 81120264 0 8/11/2026 328801 RT28446-CREDIT CARD FEES-S 37% 08/11/ 2026 2.03 2.03 81120264 0 8/11/2026 328801 RT28446-CREDIT CARD FEES-W 25% 08/11/ 2026 1.38 1.38 81120264 0 8/11/2026 Total PAYMENT SERVICE NETWORK: 951.10 951.10 PIGGLY WIGGLY 41200 2027 COMMISSION MEET ING SUPPLIES 08/11/ 2026 4.67 4.67 51338 08/1 1/2026 2027 COMMISSION MEETING SUPPLIES 08/11/2026 3.72 3.72 51338 08/11/202 6 2027 COMMISSION MEETING SUPPLIES 08/11/2026 3.60 3.60 51338 08/11/202 6 Total PIGGLY WIGGLY: 11.99 11.99 POWER SYSTEM ENGINEERING INC 42800 9065147 EDIT '26 ELEC SERV MA NUAL, PE REVIEW 08/28/2026 3,000 .00 3,000.00 1201 08/28/2026 Total POWER SYSTEM ENGINEERING INC: 3, 000.00 3,000.00 PRIMUS MARKETING GROUP INC 43375 PM26050 ELECTRIC M ETERS - 12S (96) 08/ 19/2026 19,728.00 19,728 .00 51347 08/19/2026 PM26050 TARIFF SURCHARGE ON 96 EL METERS 08/19/2026 592.32 592.32 51 347 08/19/2026 Total PRIMUS MARKETING GROUP INC: 20,320.32 20,320.32 PT TIRE & SERVICE CORP 43900 31700 POLE TRAILER TIRES 08/ 11/2026 1,113.00 1, 113.00 51339 08/1 1/2026 Total PT TIRE & SERVICE CORP: 1,113.00 1,113.00 RESCO 46400 3123660 FIBERGLASS CROSSAR M & HARDWARE (2) 08/11/2026 1,944.0 0 1,944.00 1176 08/11/2026 3123905 HOFFMAN SAFETY CLOTHES 08/11/2026 163.98 163. 98 1176 08/11/20 26 312550 TOOLS FOR TRUCKS 171 & 172 08/28/2026 1,240.81 1,240.81 1202 0 8/28/2026 3126243 (2) UNIVERSAL FOR SQUARE POLE TOOLS FOR UNITES 08/28/202 6 125.42 125.42 1202 08/28/2026 3126244 (2) POLE SAW ATTACHMENTS FOR UNITS 171 & 172 08/28/2026 93 .39 93.39 1202 08/28/2026 Total RESCO: 3,567.60 3,567.60 SEERA 51535 WAUPUN/JULY 202 "WAUPUN" FOCUS PROGRAM FEE 08/11/2026 2,912.4 7 2,912.47 1177 08/11/2026 Total SEERA: 2,912.47 2,912.47 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 7 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date CHARTER COMMUNICATIONS 52500 171156801080726 WASTEWATER VOICE SERV 08/28/2026 94.60 94.60 11 85 08/28/2026 171156801080726 WATER PLANT VOICE SERV 08/28/2026 94.60 94.60 1185 08 /28/2026 171156801080726 MONTHLY SERVICE EXP-S 08/28/2026 82.68 82.68 1185 08/ 28/2026 171156801080726 MONTHLY SERVICE EXP-W 08/28/2026 85.44 85.44 1185 08/ 28/2026 171156801080726 MONTHLY SERVICE EXP -E 08/28/2026 107.49 107.49 1185 08/28/2026 171156801080726 INTERNET SERVICES-E 08/28/2026 112.44 112.44 1185 08/ 28/2026 171156801080726 INTERNET SERVICES-S 08/28/2026 86.49 86.49 1185 08/28 /2026 171156801080726 INTERNET SERVICES-W 08/28/2026 89.37 89.37 1185 08/28 /2026 Total CHARTER COMMUNICATIONS: 753.11 753.11 SPEE-DEE 52600 1518561 SERVICE CHRG FOR WATER SAMPLES 08/11/2026 56.52 56.52 5 1340 08/11/2026 1530463 SERVICE CHRG FOR WATER SAMPLES 08/28/2026 95.61 95.61 51350 0 8/28/2026 Total SPEE-DEE: 152.13 152.13 SUPERIOR CHEMICAL LLC 54200 446400 BREAK AWAY LUBRICANT 08/11/2026 105.17 105.17 1179 08/11/ 2026 Total SUPERIOR CHEMICAL LLC: 105.17 105.17 SWD LABS 54900 10149 COLIFORM BACTE RIA ANALYSIS @ PRISON TANK 08/28/2026 35. 00 35.00 51351 08/28/2026 Total SWD LABS: 35.00 35.00 TERMINATOR PEST CONTROL 55950 268551 PEST CONTROL MAI NT TO MAIN BLDG-E 08/28/2026 66.00 66.0 0 51352 08/28/2026 268551 PEST CONTROL MAINT TO MAIN BLDG-S 08/28/2026 49.50 49.50 5135 2 08/28/2026 268551 PEST CONTROL MAINT TO MAIN BLDG-W 08/28/2026 49.50 49.50 5135 2 08/28/2026 268899 PEST CONTROL AT WATER PLANT 08/28/2026 138.00 138.00 51352 08/ 28/2026 Total TERMINATOR PEST CONTROL: 303.00 303.00 TRUCLEANERS LLC 58700 JULY 2026 MONTHLY CLEANING SERVICE - E 08/11/2026 409.50 409.5 0 1180 08/11/2026 JULY 2026 MONTHLY CLEANING SERVICE - W 08/11/2026 325.50 325.50 1180 08/11/2026 JULY 2026 MONTHLY CLEANING SERVICE - S 08/11/2026 315.00 315.00 1180 08/11/2026 Total TRUCLEANERS LLC: 1,050.00 1,050.00 USA BLUE BOOK 59600 INV01133310 FREIGHT (MARKING PAINT) 08/28/ 2026 64.75 64.75 1203 08/28/2026 INV01133310 FREIGHT (MARKING PAINT) 08/28/2026 64. 75 64.75 1203 08/28 /2026 INV01133310 GREEN MARKING PAINT 08/28/2026 439.18 439. 18 1203 08/28/2 026 INV01133310 BLUE MARKING PAINT 08/28/2026 219.59 219. 59 1203 08/28/20 26 INV01133310 BLUE MARKING PAINT 08/28/2026 219.59 219. 59 1203 08/28/20 26 Total USA BLUE BOOK: 1,007.86 1,007.86 UTILITY SERVICE CO. INC. 59800 653344 ANNUAL MAINT PGRM - PEDISPHERE TOWER TANK #2 P 08/28/ 2026 22,659.21 22,659. 21 51354 08/28/2026 Total UTILITY SERVICE CO. INC.: 22,659.21 22,659.21 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 8 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date US CARGO CONTROL 59980 797045 (4) WINCH STRAPS & (12) D-RING & TOP CAP FOR UNITS 0 8/28/2026 157.33 157. 33 51353 08/28/2026 Total US CARGO CONTROL: 157.33 157.33 VAN BUREN, JEROME and/or SANDRA 60800 JULY 2026 SOLAR SOLAR CRE DIT 7/26 08/11/ 2026 516.97 516.97 513 41 08/11/2026 Total VAN BUREN, JEROME and/or SANDRA: 516.97 516.97 WAUPUN, CITY OF 74400 1782 OPEB GASB 75 - USI CONSU LTING 08/11/2026 810.00 810.00 118 1 08/11/2026 1782 OPEB GASB 75 - USI CONSULTING 08/11/2026 837.00 837.00 1181 08/1 1/2026 1782 OPEB GASB 75 - USI CONSULTING 08/11/2026 1, 053.00 1,053.00 1181 08/11/2026 1783 EMPLOYEE CLINIC-E (38%) 08/11/2026 831.85 831. 85 1181 08/11/2026 1783 EMPLOYEE CLINIC-S (37%) 08/11/2026 809.97 809. 97 1181 08/11/2026 1783 EMPLOYEE CLINIC-W (25%) 08/11/2026 547.28 547. 28 1181 08/11/2026 1786 ALLEY PROJECT CONSTRUCTION PMT#1 08/11/2026 171,464.75 171,464 .75 1181 08/11/2026 1786 ALLEY PROJECT CONSTRUCTION PMT#1 08/11/2026 9,067.75 9,067.75 1 181 08/11/2026 1789_AUGUST 202 BASIC GROUP LIFE INS PREMIUM 08/28/2026 308.29 308.29 1204 08/28/202 6 1789_AUGUST 202 EMPLOYER CONTRIBUTION 20% - S 08/28/ 2026 13.12 13.12 1204 08/28/2026 1789_AUGUST 202 EMPLOYER CONTRIBUTION 20% - W 08/28/ 2026 13.56 13.56 1204 08/28/2026 1789_AUGUST 202 EMPLOYER CONTRIBUTION 20% - E 08/28/ 2026 17.06 17.06 1204 08/28/2026 PILOT AUGUST 20 2026 PILOT - WATER 08/11/2026 26, 433.00 26,433.00 1 181 08/11/2026 PILOT AUGUST 20 2026 PILOT - ELECTRIC 08/11/2026 21,471.00 21,471.0 0 1181 08/11/2026 STORMWATER JUL STORMWATER RECEIPTS 08/11/2026 51, 323.91 51,323.91 11 81 08/11/2026 TRASH JULY 2026 TRASH/RECYCLING COLLECTION 08/11/2026 50,235.63 50, 235.63 1181 08/11/2026 Total WAUPUN, CITY OF: 335,237.17 335,237.17 WEX BANK 79930 114226286 FUEL VEHICLE EXPENSE - E 08/11/2026 1, 829.91 1,829.9 1 81120265 08/11/2026 114226286 FUEL VEHICLE EXPENSE - W 08/11/2026 966.50 966.50 81120265 08/11/2026 114226286 FUEL VEHICLE EXPENSE - S 08/11/2026 1,712. 46 1,712.46 8112 0265 08/11/2026 Total WEX BANK: 4,508.87 4,508.87 WISCONSIN RURAL WATER ASSOC 88200 SCHLIGHTING - G SCHLIGHTING GROUNDWATER TRAINING 08/11/2026 1 25.00 125.00 51343 08/11/2026 SCHLIGHTING - H2 SCHLIGHTING DRINKING WATER TREATMENT & DIST 08/1 1/2026 125.00 125. 00 51343 08/11/2026 SCHLIGHTING O& SCHLIGHTING - MA TH & O&M REGULATIONS 08/11/2026 125 .00 125.00 51343 08/11/2026 Total WISCONSIN RURAL WATER ASSOC: 375.00 375.00 WISCONSIN STATE LAB OF HYGIENE 88300 30049069 FLUORIDE LAB TESTING - WTF 08/28/2026 33.00 33.00 5135 7 08/28/2026 Total WISCONSIN STATE LAB OF HYGIENE: 33.00 33.00 WPPI ENERGY 89600 27-72026 METER DATA COLLECTIO N - E 08/28/2026 1,030.48 1,030.4 8 8282026 08/28/2026 27-72026 METER DATA COLLECTION - W 08/28/2026 819.10 819.10 8282026 0 8/28/2026 27-72026 METER DATA COLLECTION - S 08/28/2026 792.67 792.67 8282026 0 8/28/2026 27-72026 HOSTED BILLING CIS-E 08/28/2026 792.70 792.70 8282026 08/28/ 2026 27-72026 HOSTED BILLING CIS-W 08/28/2026 630.10 630.10 8282026 08/28/ 2026 27-72026 HOSTED BILLING CIS-S 08/28/2026 609.76 609.76 8282026 08/28/ 2026 27-72026 GIS SUPPORT -E 08/28/ 2026 1,191.67 1,191. 67 8282026 08/28/20 26 WAUPUN UTILITIES Paid Invoic e Report - COMMISSION Page: 9 Check issue dates: 8/1/2026 - 8/31/2026 Sep 08 , 2026 01:05PM Vendor Invoice Invoice Invoice Check Check Check Number Number Description Date Amount Amount Number Issue Date 27-72026 SHARED METER TECH SERVICE-E 08/ 28/2026 214.38 214.38 828202 6 08/28/2026 27-72026 SHARED METER TECH SERVICE-W 08/ 28/2026 214.37 214.37 828202 6 08/28/2026 27-72026 CYBER SECURITY-E 08/28/2026 238.65 238.65 8282026 08/28/2026 27-72026 CYBER SECURITY-W 08/28/2026 195.26 195.26 8282026 08/28/2026 27-72026 CYBER SECURITY-S 08/28/2026 289.27 289.27 8282026 08/28/2026 27-72026 MEMEBER NETWORK ASSESMT & MONITOR-E 08/ 28/2026 40.63 40.63 8282026 08/28/2026 27-72026 MEMEBER NETWORK ASSESMT & MONITOR-W 08/ 28/2026 32.29 32.29 8282026 08/28/2026 27-72026 MEMEBER NETWORK ASSESMT & MONITOR-S 08/ 28/2026 31.25 31.25 8282026 08/28/2026 27-72026 IT TICKETS -E 08/28/ 2026 57.92 57.92 8282026 08/28/2026 27-72026 IT TICKETS -W 08/28/ 2026 46.04 46.04 8282026 08/28/2026 27-72026 IT TICKETS -S 08/28/ 2026 44.55 44.55 8282026 08/28/2026 27-72026 WPPI WAN-E 08/28/ 2026 64.35 64.35 8282026 08/28/2026 27-72026 WPPI WAN-W 08/28/ 2026 51.15 51.15 8282026 08/28/2026 27-72026 WPPI WAN-S 08/28/ 2026 49.50 49.50 8282026 08/28/2026 27-72026 T-MOBILE - E 08/28/ 2026 5.00 5.00 8282026 08/28/2026 27-72026 T-MOBILE - W 08/28/ 2026 5.00 5.00 8282026 08/28/2026 27-72026 USP OIL SAMPLE SHIPPIN CHARGE 08/28/2026 172.82 172.82 8282 026 08/28/2026 27-72026 WHOLE SALE POWER BILL 08/28/2026 1,121,772.37 1,121,772.37 8282026 08/28/2026 Total WPPI ENERGY: 1,129,391.28 1,129,391.28 WAUPUN UTILITIES (Refund Acct) 100000 15015046-020 OVE REF UND DOUBLE PAYMENT 08/11/2026 143.93 143.93 51342 08/11/2026 15033750.24 REF OVERPAYMT FRM: 207 GRANDVIEW AVE 08/28/2026 112.04 112.04 51356 08/28/2026 18065260.23 REF OVERPAYMT FRM: 4 1/2 S MADISON ST APT 3 08/28/202 6 28.73 28.73 51355 08/28/2026 Total WAUPUN UTILITIES (Refund Acct): 284.70 284.70 Grand Totals: 1,661,183.99 1,661,183.99 Page: 1ACH and TRANSFER PAYMENTSWAUPUN UTILITIES Period 08/26 (08/31/2026) Sep 08, 2026 1:04PM Date Reference Number Payee or Description Account Number Account Title Debit Amount Credit Amount CASH DISBURSEMENTS (CD) 1 08/11/2026 1 Record WF Monthly F ees 1-5921-0000-20 OFFICE SUPPLIES AND EXPENS 26.13 Record WF Monthly Fees 2-5921-0000-20 OFFICE SUPPLIES & EXPENSES 7 .24 Record WF Monthly Fees 3-5851-0000-20 OFFICE SUPPLIES & EXPENSES 6 .83 Record WF Monthly Fees 9-1131-0000-00 COMBINED CASH .00 40.20- 40.20-40.20Total 1: CASH DISBURSEMENTS (CD) 2 08/10/2026 2 Record ACH Credit Car d Paymt 1-2232-0000-00 ACCOUNTS P AYABLE - ELECTRI 2,066.68 Record ACH Credit Card Paymt 2-2232-0000-00 ACCOUNTS PAYABLE - WA TER 331.48 Record ACH Credit Card Paymt 3-2232-0000-00 ACCOUNTS PAYABLE - WASTEW 398.89 Record ACH Credit Card Paymt 9- 1131-0000-00 COMBINED CASH .00 2,797 .05- 2,797.05-2,797.05Total 2: CASH DISBURSEMENTS (CD) 3 08/19/2026 3 Record July Sales & Use Tax 1-2241-2416-00 TAX COLL PA Y - SALES TAX 18,352.47 Record July Sales & Use Tax 9-1131-0000-00 COMBINED CASH .00 18,352 .47- 18,352.47-18,352.47Total 3: CASH DISBURSEMENTS (CD) 4 08/31/2026 4 Bond Pmt - 2019 Rfdg. Revenue P&I - DTCC (via W 2-223 7-0000-00 INTEREST ACCRUED 22,593.75 Bond Pmt - 2019 Rfdg. Revenue P&I - DTCC (via W 9-1131-0000-00 CO MBINED CASH .00 22,593.75- 22,593.75-22,593.75Total 4: 43,783.47-43,783.47Total CASH DISBURSEMENTS (CD): References: 4 Transactions: 12 43,783.47-43,783.47Grand Totals: Page 1 of 3 TO: Waupun Utilities Commissioners FROM: Jeff Stanek, CPA, Finance Director DATE: September 14, 2026 SUBJECT: July 2026 Financial Report CONSTRUCTION AND PLANT ADDITIONS The electric utility construction activity consisted of continued work on the alleyway reconstruction project, Mutual Aid for Menasha and miscellaneous customer work. Engineering work continues with the Business Park substation and the Mill to Madison Street Alleyway reconstruction projects. The Water/Sewer crews continued construction associated with the Alleyway reconstruction projects related to installing temporary services for existing customers during the construction phase. There were no plant additions for the month. MONTHLY OPERATING RESULTS – July 2026 Monthly and Year-To-Date (YTD) Sales Electric ➢ Monthly kWh sales were 9.1% above budget & 9.6% higher than July 2025 on increased sales to Large and Industrial Power customers. ➢ YTD kWh sales were 7.0% above budget & 10.3% higher than July 2025 YTD actual sales. Water ➢ Monthly sales units of 100 cubic feet were 12.7% above budget & 11.3% higher than July 2025 sales on and increase in sales to all customer classes. ➢ YTD water sales were 2.3% above budget & 2.3% higher than July 2025 YTD actual sales. Sewer ➢ Monthly sales units of 100 cubic feet were 5.3% above budget & 10.1% higher than July 2025 from higher volumes to Industrial & Public Authority customers. ➢ YTD sewer sales were 6.1% above budget & 5.2% higher than July 2025 YTD actual sales. Income Statement Electric ➢ Operating revenues and purchased power expense were above budget $496,100 and $470,800, respectively, due to increased consumption and higher market energy costs. ➢ Gross margin was $25,300 above budget as a result of the higher unit sales than budgeted. ➢ Operating expenses were $99,300 below budget primarily due to lower distribution expenses associated with tree trimming during the non-construction season, increased work order activity and mutual aid to other communities. ➢ Operating income was $503,400 or $221,100 above budget, largely due to higher operating revenue and lower expenses than originally budgeted. ➢ Net income was $613,000 or $326,900 above budget primarily from increased operating revenues. ➢ The rolling 12-month Rate of Return was 9.0%. Page 2 of 3 Water ➢ Operating revenues were above budget by $20,200 due to increases in revenues from Commercial and Public Authority customers. ➢ Operating expenses were $25,800 above budget on higher distribution expenses associated with water main breaks during winter freezing periods and meter costs from repaired meters. ➢ Operating income was $334,000 or $1,800 above budget. ➢ Net income was $373,200 or $64,300 above budget. ➢ The rolling 12-month Rate of Return was 3.9%. Sewer ➢ Operating revenues were $84,000 above budget due to slight increases high strength charges to Public Authority customers. ➢ Operating expenses were $88,400 below budget due to fewer maintenance costs experienced during the month, primarily from lower drying costs from the ABNR process. ➢ Operating income (loss) was $44,900 or $151,200 above budget as a result of the increased revenues and lower operating expenses. ➢ Net income (loss) was ($58,900) or $195,800 above budget largely due to lower operating expenses. ➢ The rolling 12-month Rate of Return was 2.8%. Balance Sheets Electric ➢ Balance sheet increased $408,900 from June 2026 due to an increase in receivables / payables associated with higher consumption & power-related costs typically experienced during the summer (high consumption) months. ➢ Unrestricted cash increased $44,900 from routine operations. ➢ Net Position increased $131,500. Water ➢ Balance sheet increased $82,900 from June 2026 due to an increase in cash from routine operations. ➢ Unrestricted cash increased $82,300 from routine operations. ➢ Net Position increased $78,100. Sewer ➢ Balance sheet increased $12,900 from June 2026 as a result of routine operations. ➢ Unrestricted cash increased $79,700 from routine operations. ➢ Net Position decreased $13,900 from routine operations and monthly depreciation expense being higher than operating margins. Cash and Investments The monthly metrics dashboard for cash and investments provides a monthly comparison of cash and investment balances and graphs that present long-term investments by maturity, type, and rating. The Utility’s investments are typically fixed-income and held-to-maturity unless called before maturity by the issuer. Held to maturity investments recognize monthly mark to market adjustments that ultimately are not realized when the investment matures. ➢ Total cash and investments increased $327,100 or 2.4% from June 2026 primarily from routine operating activity. ➢ Received interest and distributions of $23,200 and recorded unrealized market adjustments of ($15,900) along with ($800) in management fees, resulting in a net portfolio gain of $6,500 for the month. ➢ Total interest and investment income earned (excluding market value adjustments) on all accounts for the month was $43,200 and $273,600 year-to-date. Page 3 of 3 OTHER FINANCIAL MATTERS WWTP Upgrade – Construction Update and Progress Listed below is a summary of the costs incurred and paid for with USDA loan proceeds requested to date: Total Project Budget (As of 4/14/2022): $ 37,508,000 Total Project Costs to Date (Thru 3/4/2026): $ 37,362,326 Loan Draws – Project to Date (Thru 8/29/2022): $ 27,807,000 Grants Provided (Thru 4/8/2026): $ 9,555,326 Disburse Request #41 Requested (2/17/26): $ 41,439 Disburse Request #41 – Paid (3/3/2026): $ 42,433 Preliminary 2027 Budgets The preliminary 2027 utility budgets will be presented at the October 2026 Commission meeting This concludes my report. Please do not hesitate to contact me at 324-7920 or jstanek@waupunutilities.org with any questions or comments. Waupun Utilities Construction and Plant Additions Summary July 2026 CONSTRUCTION: Total Description Month Project To Date Budget Month Project To Date Budget Month Project To Date Budget Project To Date Budget Projects: Overhead and underground conductor and devices 804 $            84,942$       ‐ $                 ‐ $                ‐ $                    ‐ $                   ‐ $             ‐ $             ‐ $                84,942$           ‐ $                  Transformers  ‐                ‐               75,000            ‐                  ‐                      ‐                      ‐               ‐               ‐                  ‐                   75,000             Overhead and Underground Services 1,818            10,703         10,000             ‐                  ‐                      ‐                      ‐               ‐               ‐                  10,703            10,000              LED street lighting 1,724            12,574         10,000             ‐                  ‐                      ‐                      ‐               ‐               ‐                  12,574            10,000              Voltage conversion ‐                ‐               60,000            ‐                  ‐                      ‐                      ‐               ‐               ‐                  ‐                   60,000             Rebuild overhead and underground line 2,140            2,140           310,000           ‐                  ‐                      ‐                      ‐               ‐               ‐                  2,140               310,000            Work Invoiced to Customer / Others ‐ CIAC ‐                16,431        ‐                   ‐                  ‐                      ‐                      ‐               232               ‐                  16,663            ‐                     Mutual Aid reimbursements 14,639          34,480         ‐                   ‐                  ‐                      ‐                      ‐               ‐               ‐                  34,480            ‐                     Meters /  Meter Modules / Gatekeepers ‐                ‐               10,000            ‐                  ‐                      ‐                      1,696           9,703           8,000              9,703               18,000              Sewer CIPP & manhole lining ‐                ‐               ‐                   ‐                  ‐                      85,000               ‐               ‐               ‐                  ‐                   85,000             New Water Well ‐ #6 ‐                ‐               ‐                   ‐                  ‐                      ‐                      ‐               1,682           52,000            1,682               52,000              Mill / Madison Street Alleyway Reconstruction 35,913          50,645         ‐                   1,024              3,932                 93,936                7,165           34,749         357,564          89,326             451,500            N Grove, Park, Franklin Street Reconstruction ‐                ‐               ‐                   ‐                  11,537              ‐                      ‐               11,553        Miscellaneous Work Orders 151                933              ‐                  3,783             6,457                11,675               ‐              1,709          ‐                 9,099              11,675             TOTAL CONSTRUCTION 57,188$       212,848$     475,000$         4,807$            21,926$            190,611$           8,862$         59,629$       417,564$        271,313$         1,083,175$      CARRYOVER PROJECTS: Business Park Substation 1,541            161,748       1,334,700       ‐                  ‐                      ‐                      ‐               ‐               ‐                  161,748          1,334,700        Substation upgrades 23,210          164,646       ‐                   ‐                  ‐                      ‐                      ‐               ‐               ‐                  164,646          ‐                     OH & URD Re‐Build Projects ‐                21,059        ‐                   ‐                  ‐                      ‐                      ‐               ‐               ‐                  21,059            ‐                     WWTF Phosphorus Upgrade Engineering ‐                ‐               ‐                   ‐                  3,872,607        3,804,000           ‐               ‐               ‐                  3,872,607      3,804,000        WWTF Construction Upgrade ‐ ABNR ‐                ‐              ‐                  ‐                 33,489,719      33,704,000       ‐               ‐              ‐                 33,489,719    33,704,000     TOTAL CARRYOVER CONSTRUCTION 24,751$       347,453$     1,334,700$     ‐$                37,362,326$     37,508,000$     ‐ $             ‐$             ‐$                37,709,778$   38,842,700$   PLANT ADDITIONS: Total Description Current Month YTD Budget Current Month YTD Budget Current Month YTD Budget YTD Budget Vehicle Replacements (2 utililty‐body & 1 pick‐up) ‐ $             41,780$       171,500 $         ‐ $                11,415$            10,750 $             ‐ $             11,415$       10,750 $          64,609 $           193,000 $          Admin Building Structures & Equipment ‐                35,676        68,400             ‐                  29,900              51,300 $             ‐               31,344        51,300            96,920             171,000            SCADA & Treatment Facility Upgrades ‐                ‐               ‐                   ‐                  ‐                      ‐                      ‐               ‐               58,000           ‐                   58,000             Lift Station Upgrades ‐                ‐               ‐                   ‐                  ‐                      30,000               ‐               ‐               ‐                  ‐                   30,000             WWTF Equipment Replacements ‐                ‐               ‐                   ‐                  21,890              72,000                ‐               ‐               ‐                  21,890            72,000              WWTF Nonpotable SystemReplacements ‐                ‐               ‐                   ‐                  ‐                      160,000             ‐               ‐               ‐                  ‐                   160,000           Other Equipment Upgrades & Replacements ‐                9,464          60,600            ‐                 ‐                     13,300               ‐              ‐              33,300           9,464              107,200           TOTAL PLANT ADDITIONS ‐$             86,919$       300,500$         ‐$                63,205$            337,350$           ‐$             42,759$       153,350$        192,883$         791,200$          Electric Sewer Water Sewer WaterElectric Page 1 of 11 Variance from Budget Variance from Budget Current Current YTD Current Current YTD KWh 12,521,230         9.1% 7.0% Power Costs 1,121,772 $        14.2% 8.6% Revenues 1,379,730$        15.6% 7.0% Gross Margin 257,957 $           22.1% 1.6% Variance from Budget Variance from Budget Current Current YTD Current Current YTD Cubic Ft (100) 23,122                12.7% 2.3% Revenues 168,803 $           7.2% 1.3% Variance from Budget Variance from Budget Current Current YTD Current Current YTD Cubic Ft (100) 40,347                5.3% 6.1% Revenues 326,727 $           4.9% 4.5% Sales and Revenues Dashboard ‐ July 2026  5,000,000  6,000,000  7,000,000  8,000,000  9,000,000  10,000,000  11,000,000  12,000,000  13,000,000 Jul‐25 Aug‐25 Sep‐25 Oct‐25 Nov‐25 Dec‐25 Jan‐26 Feb‐26 Mar‐26 Apr‐26 May ‐26 Jun‐26 Jul‐26 kWhs Sold Actual Budgeted  10,000  12,000  14,000  16,000  18,000  20,000  22,000  24,000 Jul‐25 Aug‐25 Sep‐25 Oct‐25 Nov‐25 Dec‐25 Jan‐26 Feb‐26 Mar‐26 Apr‐26 May ‐26 Jun‐26 Jul‐26 Water Cubic Feet (100's) Sold Actual Budgeted  20,000  25,000  30,000  35,000  40,000  45,000 Jul‐25 Aug‐25 Sep‐25 Oct‐25 Nov‐25 Dec‐25 Jan‐26 Feb‐26 Mar‐26 Apr‐26 May ‐26 Jun‐26 Jul‐26Sewer Cubic Feet (100's) Treated Actual Budgeted Sales by Customer Class July 2026  ‐  2,000,000  4,000,000  6,000,000  8,000,000  10,000,000  12,000,000  14,000,000  16,000,000  18,000,000  20,000,000  22,000,000 Residential Commerical Small Power Large Power Industrial Power Larg e Industrial YTD Electric Sales (kWh) Budget 2025 2024 2023  ‐  20,000  40,000  60,000  80,000  100,000  120,000  140,000  160,000 Residential Commercial Industrial Public Authority YTD Sewer Sales (Ccf) Budget 2025 2024 2023  ‐  10,000  20,000  30,000  40,000  50,000  60,000  70,000  80,000  90,000 Residential Multifamily Commercial Industrial Public Authority YTD Water Sales (Ccf) Budget 2025 2024 2023 Page 3 of 11 ELECTRIC July 2024 July 2025 July 2026 Sales of Electricity 10,523,034 $ 11,215,733 $ 12,679,783 $ Purchased Power 8,289,041 8,669,502 9,979,603 Gross Margin 2,233,992 2,546,230 2,700,179 21.2% 22.7% 21.3% Other Operating Revenues 140,855 128,106 140,700 Operating Expenses Distribution expense 336,258 389,608 420,020 Customer accounts expense 133,445 139,835 139,910 Advertising expense (1,353) 5,093 584 Administrative & general expense 488,764 515,178 488,023 Total operating expenses 957,115 1,049,714 1,048,538 Other Operating Expenses Depreciation expense 671,153 670,833 725,673 Taxes 318,236 299,412 380,209 Total other operating expenses 989,389 970,245 1,105,882 Operating Income 428,344 654,377 686,458 Other Income (Expense) Capital contributions 880,708 59,052 454,272 Interest expense (15,019) (7,577) (3,798) Amortization of debt-related costs (6,274) (6,053) (3,327) Other 178,877 194,707 486,945 Total other income (expense) 1,038,292 240,129 934,092 Net Income 1,466,636 $ 894,507 $ 1,620,551$ Regulatory Operating Income 519,636 772,205 757,069 Rate of Return 6.33 9.30 9.04 Authorized Rate of Return 5.00 6.30 6.30 Current Ratio 5.8 5.4 5.3 Months of Unrestricted Cash on Hand 5.3 5.5 5.7 Equity vs Debt 0.97 0.99 1.00 Asset Utilization 0.58 0.59 0.60 Combined E&W Debt Coverage 4.31 4.42 7.96 Minimum Required Coverage 1.25 1.25 1.25 Note 1 - Electric rates adjusted April 2024. Definitions Rate of Return - Return on investment in capital infrastructure. Should be near authorized rate of return. Current Ratio - measure of liquidity or ability to pay obligations. Should be > 1. Months of Unrestricted Cash on Hand - measure of reserves. Should be at least 2-3 months. Equity vs Debt - Percent of infrastucture financed by operations. 50% is a good benchmark. Asset Utilization - Illustrates the relative age of the system. Ratio of 1 indicates a system at full life expectancy. Debt Coverage - Earnings coverage of annual debt service. Must exceed 1.25 WAUPUN UTILITIES Income Statement and Financial Ratios Electric Utility For the 12 Months Ending: Page 4 of 11 Last 12 Months YTD 2026 YTD Budget Difference ELECTRIC Operating Revenues 12,679,783 $ 7,555,626 $ 7,059,549 $ 496,077 $ Purchased Power 9,979,603 5,935,341 5,464,571 470,770 Gross Margin 2,700,179 1,620,285 1,594,978 25,307 21.3% 21.4% 22.6% Other Operating Revenues 140,700 157,641 64,092 93,549 Operating Expenses Distribution expense 420,020 263,635 377,488 (113,853) Customer accounts expense 139,910 80,150 77,574 2,576 Advertising expense 584 5,401 490 4,911 Administrative & general expense 488,023 324,911 317,854 7,057 Total operating expenses 1,048,538 674,096 773,406 (99,310) -12.84% Other Operating Expenses Depreciation expense 725,673 410,184 410,186 (2) Taxes 380,209 190,205 193,102 (2,897) Total other operating expenses 1,105,882 600,389 603,288 (2,899) Operating Income 686,458 503,441 282,376 221,065 Other Income (Expense) Capital contributions 454,272 - - - Interest expense (3,798) (975) (1,708) 733 Amortization of debt-related costs (3,327) (847) (497) (350) Other 486,945 111,299 5,831 105,468 Total other income (expense) 934,092 109,477 3,626 105,851 Net Income 1,620,551 $ 612,918 $ 286,002 $ 326,916 $ July 2026 June 2026 May 2026 April 2026 March 2026 Feb 2026 Jan 2026 D ec 2025 Nov 2025 Oct 2025 Sept 2025 Aug 2025 July 2025 Operating Revenues 1,379,730$ 1,164,611 $ 1,027,198 $ 921,776 $ 962,424 $ 1,091,652 $ 1,008,235 $ 936,399 $ 874,356 $ 943,931 $ 1,046,804 $ 1,322,666 $ 1,293,864 $ Purchased Power 1,121,772 927,632 806,569 696,551 737,978 869,528 775,311 703,826 671,351 727,762 839,779 1,101,544 1,064,883 Gross Margin 257,957 236,979 220,629 225,225 224,446 222,124 232,924 232,573 203,006 216,169 207,025 221,121 228,981 18.7% 20.3% 21.5% 24.4% 23.3% 20.3% 23.1% 24.8% 23.2% 22.9% 19.8% 16.7% 17.7% Other Operating Revenues 19,843 9,993 11,568 9,919 9,910 9,436 86,972 (60,792) 9,729 10,895 10,927 12,300 10,134 Operating Expenses Distribution expense 27,814 25,495 24,051 30,386 41,486 55,430 58,972 9,446 30,199 33,990 36,199 46,552 30,867 Customer accounts expense 12,440 11,567 10,607 11,720 10,839 10,404 12,573 18,222 9,680 10,123 10,185 11,551 8,993 Advertising expense 1,336 2,803 (3,866) 1,126 1,965 1,787 250 (3,263) (7,718) 3,123 954 2,088 5,431 Administrative & general expense 41,741 32,852 48,383 22,542 61,798 51,345 66,251 20,020 25,479 39,739 31,852 46,022 44,527 Total operating expenses 83,331 72,717 79,174 65,774 116,088 118,966 138,046 44,424 57,639 86,975 79,190 106,213 89,818 Other Operating Expenses Depreciation expense 58,598 58,598 58,598 58,598 58,598 58,598 58,598 93,824 55,416 55,416 55,416 55,416 55,416 Taxes 25,373 24,921 25,067 30,646 26,777 27,219 30,200 72,183 23,993 43,186 24,031 26,612 24,282 Total other operating expenses 83,971 83,519 83,665 89,244 85,375 85,817 88,798 166,007 79,409 98,602 79,447 82,028 79,699 Operating Income 110,498 90,737 69,357 80,126 32,893 26,777 93,053 (38,651) 75,686 41,487 59,315 45,180 69,598 Other Income (Expense) Capital contributions - - - - - - - 454,272 - - - - - Interest expense - - - - (975) - - (565) (565) (565) (565) (565) (565) Amortization of debt-related costs - - - - (706) (70) (70) (496) (496) (496) (496) (496) (496) Other 21,033 25,943 14,524 9,936 5,598 19,721 14,545 315,019 16,894 9,780 14,931 19,023 10,011 Total other income (expense) 21,033 25,943 14,524 9,936 3,917 19,650 14,475 768,231 15,833 8,719 13,870 17,962 8,951 Net Income 131,531 $ 116,679 $ 83,881 $ 90,062 $ 36,810 $ 46,428 $ 107,527 $ 729,580 $ 91,519 $ 50,206 $ 73,185 $ 63,142 $ 78,549 $ WAUPUN UTILITIES Detailed Income Statement and YTD Budget Comparison Electric Utility For the Period Ended July, 31 2026 Page 5 of 11 WATER July 2024 July 2025 July 2026 Operating Revenues 2,715,327 $ 2,679,116 $ 2,677,987 $ Operating Expenses Source of supply expenses 4,162 2,496 4,706 Pumping expenses 81,157 94,717 105,145 Water treatment expenses 307,777 414,453 335,517 Transmission & distribution expenses 215,611 224,186 287,052 Customer accounts expenses 117,084 119,140 117,514 Administrative & general expense 387,907 366,830 370,202 Total operating expenses 1,113,697 1,221,821 1,220,136 Other Operating Expenses Depreciation expense 612,568 601,765 616,868 Taxes 335,449 328,033 401,110 Total other operating expenses 948,017 929,797 1,017,978 Operating Income 653,613 527,498 439,873 Other Income (Expense) Capital contributions from customers and municipal 1,189,564 10,900 111,511 Interest expense (78,569) (69,496) (56,679) Amortization of debt-related costs (14,600) (13,406) (6,718) Other 160,889 127,882 134,969 Total other income (expense) 1,257,283 55,880 183,083 Net Income 1,910,896 $ 583,378 $ 622,956 $ Regulatory Operating Income 742,216 534,315 511,098 Rate of Return 5.43 3.93 3.86 Authorized Rate of Return 6.50 6.50 6.50 Current Ratio 35.97 79.49 63.60 Months of Unrestricted Cash on Hand 25.90 26.68 28.81 Equity vs Debt 0.83 0.86 0.89 Asset Utilization 0.41 0.44 0.45 Note 1 - Water rates adjusted May 2012. Definitions Rate of Return - Return on investment in capital infrastructure. Should be near authorized rate of return. Current Ratio - measure of liquidity or ability to pay obligations. Should be > 1. Months of Unrestricted Cash on Hand - measure of reserves. Should be at least 2-3 months. Equity vs Debt - Percent of infrastucture financed by operations. 50% is a good benchmark. Asset Utilization - Illustrates the relative age of the system. Ratio of 1 indicates a system at full life expectancy. WAUPUN UTILITIES Income Statement and Financial Ratios Water Utility For the 12 Months Ending: Page 6 of 11 Last 12 Months YTD 2026 YTD Budget Difference WATER Operating Revenues 2,677,987 $ 1,577,419 $ 1,557,215 $ 20,204 $ Operating Expenses Source of supply expenses 4,706 2,966 336 2,630 Pumping expenses 105,145 67,676 52,003 15,673 Water treatment expenses 335,51 7 176,734 167,622 9,112 Transmission & distribution expenses 287,052 159,14 8 127,271 31,877 Customer accounts expenses 117,514 70,491 66,745 3,746 Administrative & general expense 370,202 223,100 260,312 (37,212 ) Total operating expenses 1,220,136 700,11 4 674,289 25,82 5 3.83% Other Operating Expenses Depreciation expense 616,868 344,570 365,67 3 (21,103 ) Taxes 401,110 198,76 8 185,031 13,737 Total other operating expenses 1,017,978 543,338 550,704 (7,366) Operating Income 439,873 333,967 332,222 1,745 Other Income (Expense) Capital contributions 111,511 - - - Interest expense (56,679) (30,683) (30,681) (2) Amortization of debt-related costs (6,718) (1,347) 1,505 (2,852) Other 134,969 71,221 5,831 65,390 Total other income (expense) 183,083 39,191 (23,345 ) 62,536 Net Income 622,956$ 373,15 8$ 308,87 7$ 64,281 $ July 2026 June 2026 May 2026 April 2026 March 2026 Feb 2026 Jan 2026 D ec 2025 Nov 2025 Oct 2025 Sept 2025 Aug 2025 July 2025 WATER Operating Revenues 243,62 8$ 232,16 6$ 236,31 8$ 218,35 9$ 214,41 9$ 212,85 5$ 219,67 3$ 218,05 3$ 215,88 8$ 222,03 5$ 218,04 6$ 226,54 6$ 231,44 6$ Operating Expenses Source of supply expenses 114 - 2,557 - 182 112 - 1,740 - - - - - Pumping expenses 7,079 13,921 7,489 6,444 9,335 12,223 11,185 9,429 6,371 6,327 7,732 7,610 8,312 Water treatment expenses 31,057 24,883 24,771 25,158 21,369 28,795 20,701 39,398 23,716 24,735 35,546 35,388 33,131 Transmission & distribution expenses 13,898 13,973 47,259 17,863 20,663 24,144 21,349 42,516 15,283 25,914 20,268 23,923 14,421 Customer accounts expenses 10,580 10,338 9,090 10,149 9,597 9,316 11,421 10,056 8,780 8,686 8,875 10,625 7,816 Administrative & general expense 30,282 26,771 27,528 14,546 49,245 32,930 41,798 46,976 17,431 27,923 22,907 31,865 33,678 Total operating expenses 93,010 89,886 118,692 74,160 110,392 107,520 106,454 150,115 71,580 93,587 95,327 109,412 97,358 Other Operating Expenses Depreciation expense 49,224 49,224 49,224 49,224 49,224 49,224 49,224 84,739 46,890 46,890 46,890 46,890 46,890 Taxes 28,185 28,102 28,176 28,044 27,926 28,536 29,800 88,508 27,913 28,080 28,381 29,459 27,891 Total operating expenses 77,409 77,326 77,400 77,268 77,150 77,760 79,025 173,248 74,802 74,970 75,271 76,349 74,781 Operating Income 73,209 64,954 40,226 66,930 26,878 27,575 34,195 (105,310) 69,505 53,478 47,448 40,785 59,307 Other Income (Expense) Capital contributions - - - - - - - 111,511 - - - - - Interest expense (4,383) (4,383) (4,383) (4,383) (4,383) (4,383) (4,383) (5,199) (5,199) (5,199) (5,199) (5,199) (5,199) Amortization of debt-related costs 786 786 786 786 (4,921) 215 215 (1,074) (1,074) (1,074) (1,074) (1,074) (1,074) Other 8,445 12,716 11,686 10,755 2,454 13,401 11,763 13,590 15,034 6,737 12,123 16,264 6,927 Total other income (expense) 4,847 9,119 8,089 7,158 (6,850) 9,233 7,595 118,828 8,760 464 5,850 9,990 654 Net Income 78,057 $ 74,073 $ 48,315 $ 74,088 $ 20,027 $ 36,809 $ 41,790 $ 13,517 $ 78,266 $ 53,942 $ 53,297 $ 50,776 $ 59,961 $ WAUPUN UTILITIES Detailed Income Statement and YTD Budget Comparison Water Utility For the Period Ended July 31, 2026 Page 7 of 11 SEWER July 2024 July 2025 July 2026 Operating Revenues 3,418,821 $ 3,319,657 $ 3,900,538 $ Operating Expenses WWTP operation expenses 734,514 507,565 736,308 Laboratory expenses 111,073 112,310 108,342 Maintenance expenses 478,122 569,009 573,244 Customer accounts expenses 153,629 149,479 151,320 Administrative & general expenses 548,800 504,160 583,430 Total operating expenses 2,026,138 1,842,523 2,152,645 Other Operating Expenses Depreciation expense 887,581 1,494,440 1,406,327 Total other operating expenses 887,581 1,494,440 1,406,327 Operating Income 505,103 (17,306) 341,566 Other Income (Expense) Interest expense (309,469) (305,849) (292,874) Capital contributions 1,899,165 1,455,971 507,557 Other 175,710 154,130 135,226 Total other income (expense) 1,765,407 1,304,253 349,909 Net Income (loss) 2,270,510 $ 1,286,946 $ 691,474 $ Operating Income (excluding GASB 68 & 75) 531,036 (85,501) 361,958 Rate of Return 3.21 (0.65) 2.85 Current Ratio 10.97 12.53 16.95 Months of Unrestricted Cash on Hand 7.07 8.03 11.21 Equity vs Debt 0.46 0.48 0.48 Asset Utilization 0.53 0.57 0.57 Debt Coverage 1.73 1.82 2.10 Minimum Required Coverage 1.20 1.20 1.20 Note 1 - Sewer rates adjusted April 2025. Definitions Rate of Return - Return on investment in capital infrastructure. Current Ratio - measure of liquidity or ability to pay obligations. Should be > 1. Months of Unrestricted Cash on Hand - measure of reserves. Should be at least 2-3 months. Equity vs Debt - Percent of infrastucture financed by operations. 50% is a good benchmark. Asset Utilization - Illustrates the relative age of the system. Ratio of 1 indicates a system at full life expectancy. Debt Coverage - Earnings coverage of annual debt service. Must exceed 1.20 WAUPUN UTILITIES Income Statement and Financial Ratios Sewer Utility For the 12 Months Ending: Page 8 of 11 Last 12 Months YTD 2026 YTD Budget Difference SEWER Operating Revenues 3,900,538 $ 2,309,022 $ 2,225,085 $ 83,937 $ Operating Expenses WWTP operation expenses 736,308 425,596 454,118 (28,521) Laboratory expenses 108,342 62,915 66,269 (3,354) Maintenance expenses 573,244 303,992 351,575 (47,583) Customer accounts expenses 151,320 91,189 87,136 4,053 Administrative & general expenses 583,430 323,438 336,473 (13,035) Total operating expenses 2,152,645 1,207,130 1,295,571 (88,441) -6.83% Other Operating Expenses Depreciation expense 1,406,327 1,057,038 1,035,895 21,143 Total other operating expenses 1,406,327 1,057,038 1,035,895 21,143 Operating Income (Loss) 341,566 44,854 (106,381) 151,235 Non-operating Income (Expense) Interest Expense (292,874) (171,623) (171,626) 3 Capital contributions 507,557 994 - 994 Other 135,226 66,863 23,331 43,532 Total other income (expense) 349,909 (103,766) (148,295) 44,529 Net Income (Loss) 691,474 $ (58,912) $ (254,676)$ 195,763 $ July 2026 June 2026 May 2026 April 2026 March 2026 Feb 2026 Jan 2026 D ec 2025 Nov 2025 Oct 2025 Sept 2025 Aug 2025 July 2025 SEWER Operating Revenues 337,459 $ 334,256 $ 348,997 $ 338,946 $ 308,030 $ 319,975 $ 321,358 $ 310,709 $ 305,007 $ 324,991 $ 317,794 $ 333,014 $ 330,709 $ Operating Expenses WWTP operation expenses 76,572 53,815 66,174 54,151 42,378 66,129 66,377 82,257 43,632 45,844 71,614 67,364 80,953 Laboratory expenses 7,166 7,711 8,134 8,660 10,557 12,680 8,007 9,572 13,416 5,638 7,702 9,099 11,021 Maintenance expenses 44,180 75,396 61,182 41,577 23,901 29,721 28,036 63,889 36,593 77,891 29,638 61,242 38,338 Customer accounts expenses 13,687 13,296 12,235 13,828 12,323 11,958 13,860 12,070 11,304 11,675 11,714 13,367 10,674 Administrative & general expense 41,742 39,614 48,297 32,336 60,927 45,945 54,577 72,737 31,227 58,441 51,495 46,091 58,413 Total operating expenses 183,347 189,833 196,021 150,552 150,086 166,433 170,857 240,526 136,172 199,489 172,164 197,164 199,400 Other Operating Expenses Depreciation expense 151,005 151,005 151,005 151,005 151,005 151,005 151,005 (247,197) 149,122 149,122 149,122 149,122 149,122 Total other operating expenses 151,005 151,005 151,005 151,005 151,005 151,005 151,005 (247,197) 149,122 149,122 149,122 149,122 149,122 Operating Income (Loss) 3,107 (6,582) 1,970 37,388 6,938 2,536 (505) 317,380 19,714 (23,619) (3,491) (13,271) (17,812) Other Income (Expense) Interest expense (24,518) (24,518) (24,518) (24,518) (24,518) (24,518) (24,518) (19,141) (25,528) (25,528) (25,528) (25,528) (25,528) Capital contributions - - - - 994 - - 285,363 - - - 221,200 - Other 7,479 12,633 11,330 10,302 332 13,400 11,388 13,474 15,226 6,515 13,771 19,376 6,517 Total other income (expense) (17,039) (11,885) (13,188) (14,216) (23,192) (11,118) (13,130) 279,696 (10,301) (19,012) (11,756) 215,049 (19,011) Net Income (Loss) (13,931) $ (18,467) $ (11,217) $ 23,173 $ (16,253) $ (8,582) $ (13,635)$ 597,076 $ 9,412 $ (42,631)$ (15,248) $ 201,777 $ (36,823) $ WAUPUN UTILITIES Detailed Income Statement and YTD Budget Comparison Sewer Utility For the Period Ended July 31, 2026 Page 9 of 11 ELECTRIC July 2024 July 2025 July 2026 June 2026 Change Cash and investments - unrestricted 4,215,915 $ 4,586,545 $ 5,423,621 $ 5,378,693 $ 44,928 $ Cash and investments - restricted 126,394 129,933 1 1 - Receivables 1,304,625 1,450,158 1,566,158 1,312,617 253,542 Materials and supplies 395,682 446,522 452,695 447,090 5,605 Other assets 89,999 99,834 122,958 124,461 (1,503) Plant - net of accumulated depreciation 9,661,074 10,117,979 10,428,317 10,322,035 106,281 Deferred outflows of resources 803,475 559,453 384,433 384,433 - Total Assets 16,597,164 17,390,424 18,378,183 17,969,330 408,853 Accounts payable 950,410 1,120,041 1,327,245 1,047,913 279,332 Payable to sewer utility - - - - - Interest accrued 5,875 2,052 - - - Accrued benefits 88,257 95,614 108,039 105,280 2,758 Deferred inflows of resources 1,412,576 1,323,736 668,368 673,137 (4,769) Long-term debt 380,000 195,000 - - - Net Position 13,760,046 14,653,980 16,274,531 16,143,000 131,531 Total Liabilities & Net Position 16,597,164$ 17,390,424$ 18,378,183$ 17,969,330$ 408,853 $ WATER July 2024 July 2025 July 2026 June 2026 Change Cash and investments - unrestricted / designated 3,128,204$ 3,445,373 $ 3,892,273 $ 3,809,974 $ 82,299 $ Cash and investments - restricted 396,790 403,924 399,037 362,765 36,272 Receivables 254,778 256,640 264,465 250,685 13,780 Materials and supplies 86,458 109,211 108,938 108,985 (47) Other assets 61,318 50,008 100,724 103,750 (3,027) Plant - net of accumulated depreciation 16,481,723 16,162,682 15,812,864 15,859,253 (46,389) Deferred outflows of resources 451,080 328,826 247,748 247,748 - Total Assets 20,860,350 20,756,664 20,826,048 20,743,160 82,888 Accounts payable 65,259 22,556 44,680 45,263 (582) Interest accrued 28,789 24,015 20,681 16,298 4,383 Accrued benefits 57,683 63,868 52,423 50,606 1,817 Deferred inflows of resources 645,696 469,925 394,007 394,793 (786) Long-term debt 2,970,000 2,500,000 2,015,000 2,015,000 - Net Position 17,092,923 17,676,301 18,299,257 18,221,201 78,057 Total Liabilities & Net Position 20,860,350$ 20,756,664$ 20,826,048$ 20,743,160$ 82,888 $ SEWER July 2024 July 2025 July 2026 June 2026 Change Cash and investments - unrestricted 1,192,891 $ 1,233,636 $ 2,011,399 $ 1,931,736 $ 79,663 $ Cash and investments - restricted 2,425,810 2,625,373 2,494,717 2,410,779 83,938 Receivables 302,763 354,939 364,890 363,437 1,453 Receivable from electric utility - - - - - Materials and supplies 8,597 8,693 8,507 8,507 - Advances to other funds - - - - - Other assets 61,345 46,630 73,785 77,244 (3,459) Plant - net of accumulated depreciation 49,263,570 49,608,442 49,040,371 49,189,097 (148,726) Deferred outflows of resources 729,543 501,909 383,452 383,452 - Total Assets 53,984,519 54,379,622 54,377,121 54,364,252 12,869 Accounts payable 60,528 49,549 67,817 68,310 (492) Interest accrued 75,843 77,193 72,401 47,883 24,518 Accrued benefits 87,374 96,888 90,173 87,398 2,775 Deferred inflows of resources 853,190 557,361 459,296 459,296 - Long-term debt 26,533,400 25,937,500 25,334,800 25,334,800 - Net Position 26,374,184 27,661,130 28,352,634 28,366,565 (13,931) Total Liabilities & Net Position 53,984,519$ 54,379,622$ 54,377,121$ 54,364,252$ 12,869 $ WAUPUN UTILITES Balance Sheets Electric, Water, and Sewer Page 10 of 11 Monthly Dashboard - Cash & Investments July 2026 Account Restrictions July 2026 June 2026 $ Inc/(Dec) % Inc/(Dec) Checking ‐ E Unrestricted 822,463 $         788,870 $        33,592 $          4.26% Checking ‐ W Unrestricted 581,180            471,054           110,126           23.38% Checking ‐ S Unrestricted 832,390            766,268           66,122              8.63% Reserves ‐ E Unrestricted 4,170,480         4,160,487        9,992                0.24% Reserves ‐ W Unrestricted 2,714,796         2,744,494        (29,698)            ‐1.08% Reserves ‐ S Unrestricted 1,179,009         1,165,468        13,541              1.16% P&I Redemption ‐ E Restricted 1                        1                        ‐                    0.00% P&I Redemption ‐ W Restricted 216,305            180,258           36,047              20.00% P&I Redemption ‐ S Restricted 226,272            153,190           73,082              47.71% Bond Reserve ‐ S Restricted 556,651            548,474           8,177                1.49% Construction ‐ S Restricted 0                        0                        ‐                    0.00% Depreciation ‐ E Restricted ‐                     ‐                    ‐                    #DIV/0! Depreciation ‐ W Restricted 182,732            182,506           225                   0.12% Capital Improve. ‐ E Designated 430,678            429,335           1,343                0.31% Capital Improve. ‐ W Designated 102,927           102,604           323                   0.31% ERF ‐ Water Plant Designated 493,369            491,822           1,547                0.31% ERF ‐ WWTP Restricted 1,711,794         1,709,115        2,679                0.16% 14,221,048$   13,893,948 $   327,100 $        2.35% Unrestricted and Designated 11,327,293$   11,120,403 $  206,890$       1.86% Restricted 2,893,755$      2,773,545 $    120,210$       4.33%  $‐  $500,000  $1,000,000  $1,500,000  $2,000,000 Cash <12 mos. 13‐24 mos. 25‐36 mos. 37‐48 mos. 49‐60 mos. >60 mos. Long‐Term Investment by Maturity  22% 11% 48% 9% 5% 5%Long‐Term Investments by Type Cash/Money Markets Certificate of Deposits Muni Bonds US Government Government Agencies Corporate Bonds Page 11 of 11 Waupun Utilities Pgs - Avoided Cost Parallel Generation Tariff Update Chelsea Lisowe Energy Services Manager, WPPI Energy Jeff Stanek Finance Director, Waupun Utilities Parallel Generation Background wppienergy.org 2 Sturgeon Bay filed on July 14, 2023 RENEW Wisconsin filed to intervene New schedules effective July 1, 2026 Modeled after PSC approved IOU parallel generation schedules Parallel Generation • Pgs-1 Monthly net metered customers Systems less than 20 kW Excess generation credited at avoi ded cost • MISO market based • Incentive to size system to load • Protects non-Pgs rat epayers (Existing customers on Pgs tariff grandfathered for 10 years) wppienergy.org 3 Parallel Generation • Pgs-2 Systems greater than or equa l to 20 kW Excess generation credit rate upd ated quarterly (previously yearly) • MISO market based avo ided cost Existing customers not gra ndfathered wppienergy.org 4 Parallel Generation Next Steps wppienergy.org 5 Multi-utility filing in October 30 WPPI members currently in the group filing Simplified filing process Full PSC Commission will decide Expect effective date mid first quarter 2027 wppienergy.org 6 Questions? RATE FILE Sheet No. 1 of 2 Schedule No. Pgs-1 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Parallel Generation (20 kW or less) -- Net Energy Billing EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 1. Effective In All territories served by the utility. 2. Availability Available for single-phase and three-phase customers generating power using renewable resource generators that satisfy the requirements of “qualifying facility” status under Part 292 of the Federal Energy Regulatory Commission’s regulations under the Public Utility Regulatory Policies Act of 1978 where a part or all of the electrical requirements of the customer are supplied by the customer’s generating facilities located behind-the-meter (BTM) on the customer’s premises, where such facilities have a total generating capability of 20 kW alternating current (AC) or less, where such facilities are connected in parallel with the utility and where such facilities are approved by the utility. 3. Rate The customer shall be billed monthly on a net energy basis and shall pay the customer charge and energy charge(s) specified in the rate schedule under which the customer is served. When the energy produced exceeds energy consumed for the billing month, the customer shall be credited for the excess energy volumes at the energy credit component (multiplied by the loss factor) specified for BTM COGS in the utility’s Pgs-2 rate schedule, unless the customer qualifies for the rate described in the next paragraph. The buy-back energy rates will be reset annually for billing on or after February 1 of each year based on the most recent three-year average locational marginal price of energy in MISO at the WEC.WPPI commercial pricing node. The following customers will continue to be credited for net monthly excess generation at the energy rate specified in the rate schedule under which the customer purchases energy, including the monthly power cost adjustment clause (PCAC), until April 30, 2036: a) customers taking service under this rate schedule prior to April 6, 2026;. A customer that makes changes to the capacity or type of its generation facilities after April 6, 2026 will be treated as a new customer and shall be subject to the standard avoided cost rate. If, in any month, the customer’s bill has a credit balance of $100 or less, the amount shall be credited to subsequent bills until a debit balance is reestablished. If the credit balance is more than $100, the utility shall reimburse the customer by check upon request. Monthly credits shall be computed by taking the net excess kilowatt-hours produced times the applicable energy charge. RATE FILE Sheet No. 2 of 2 Schedule No. Pgs-1 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Parallel Generation (20 kW or less) -- Net Energy Billing EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 4. Metering and Services Facilities A customer who is served under a regular rate schedule shall have any ratchet and/or other device removed from the meter to allow reverse power flow and measurement of net energy used. Customers eligible for net energy billing but with existing metering facilities equipped with ratchets or other devices preventing reverse registration (i.e. time-of-use metering facilities) may request that the utility install the necessary metering to permit such billing. Non-Standard Meter Service, if any, is not available for customers electing the Pgs-1 Schedule. 5. Customer Obligation See Wis. Admin. Code ch. PSC 119; Rules for Interconnecting Distributed Generation Facilities. 6. Renewable Energy Credits and Benefits All renewable energy credits and benefits, emissions allowances, or other renewable energy, air emissions, or environmental benefits for which the customer’s generation system qualifies under any existing or future applicable law shall remain the property of the customer. RATE FILE Sheet No. 1 of 6 Schedule No. Pgs-2 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Customer-Owned Generation Systems (Greater than 20 kW) EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 1. Effective In All territories served by the utility. 2. Availability Available for single-phase and three-phase customers generating power using renewable resource generators that satisfy the requirements of “qualifying facility” status under Part 292 of the Federal Energy Regulatory Commission’s regulations under the Public Utility Regulatory Policies Act of 1978 who desire to sell excess generation to the utility from behind-the-meter (BTM) customer-owned generation systems (COGS), or who sell all generation to the utility from front-of-the-meter (FTM) COGS. For BTM COGS, a part or all of the electrical requirements of the customer are supplied by the COGS located on the customer’s premises. For FTM COGS, all of the generation is sold to the utility under an executed service agreement between the COGS and the utility, and all of the customer’s electricity usage is supplied separately by the utility under applicable retail service schedules. In either case, BTM or FTM, such facilities shall have a total generating capability of greater than 20 kW and less than or equal to 5 MW alternating current (AC), with such facilities connected in parallel with the utility, and where such facilities are approved by the utility. Customers not desiring to sell energy under this rate have the right to negotiate a buy-back rate. If, in lieu of taking service under this rate schedule, a customer elects to sell their excess generation to another utility or into the market administered by the Midcontinent Independent System Operator, Inc. (MISO) the utility shall transport the customer’s excess generation across the utility’s distribution system and shall recover actual costs of such transportation from the generating customer. 3. Rate Unless separately negotiated in accordance with paragraph 7 of this rate schedule, the utility shall, for all energy sold to the utility, credit the COGS at the applicable avoided cost rate specified below. The avoided cost rates will be reset annually for billing on or after February 1 of each year to reflect the then current value of each component shown in the table below: a. For BTM COGS: Customers shall receive monthly payments equal to the sum of the excess energy volume (in kWh) in each On-Peak Hour of the month multiplied by the seasonal on- peak buy-back rate plus the sum of the excess energy volume (in kWh) in each Off- Peak Hour of the month multiplied by the seasonal off-peak buy-back rate. The following table shows the components of these rates. RATE FILE Sheet No. 2 of 6 Schedule No. Pgs-2 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Customer-Owned Generation Systems (Greater than 20 kW) EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 WINTER (December through February) Component On-Peak Off-Peak Energy Credit $0.0431/kWh $0.0358/kWh Capacity Credit $0.0005/kWh $0.0000/kWh Transmission Credit $0.0000/kWh $0.0000/kWh Sub-Total $0.0435/kWh $0.0358/kWh x Loss Factor 1.03 1.03 Total Buy-Back Rate $0.0448/kWh $0.0369/kWh SPRING (March through May) Component On-Peak Off-Peak Energy Credit $0.0298/kWh $0.0241/kWh Capacity Credit $0.0061/kWh $0.0000/kWh Transmission Credit $0.0000/kWh $0.0000/kWh Sub-Total $0.0359/kWh $0.0241/kWh X Loss Factor 1.03 1.03 Total Buy-Back Rate $0.0370/kWh $0.0249/kWh SUMMER (June through August) Component On-Peak Off-Peak Energy Credit $0.0523/kWh $0.0299/kWh Capacity Credit $0.0328/kWh $0.0000/kWh Transmission Credit $0.0000/kWh $0.0000/kWh Sub-Total $0.0851/kWh $0.0299/kWh X Loss Factor 1.03 1.03 Total Buy-Back Rate $0.0876/kWh $0.0308/kWh FALL (September through November) Component On-Peak Off-Peak Energy Credit $0.0394/kWh $0.0282/kWh Capacity Credit $0.0099/kWh $0.0000/kWh Transmission Credit $0.0000/kWh $0.0000/kWh Sub-Total $0.0493/kWh $0.0282/kWh X Loss Factor 1.03 1.03 Total Buy-Back Rate $0.0508/kWh $0.0291/kWh RATE FILE Sheet No. 3 of 6 Schedule No. Pgs-2 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Customer-Owned Generation Systems (Greater than 20 kW) EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 For BTM COGS, both the Energy Credit and the Capacity Credit will be based on seasonal historical averages. The Energy Credit will be reset annually based on the most recent three-year average locational marginal price of energy in MISO at the WEC.WPPI commercial pricing node. The Capacity Credit will likewise be reset based on the most recent three-year average annual capacity clearing price in the MISO Planning Resource Auction. b. For FTM COGS: Customers shall enter into a service agreement with the utility and shall receive monthly payments equal to: [FTM Energy Credit + FTM Capacity Credit + FTM Trans Credit] x DLF Where: FTM Energy Credit = the sum of the energy produced by the FTM COGS (in kWh) in each On-Peak Hour of the month multiplied by the seasonal on-peak Energy Credit rate, plus the sum of the energy produced by the FTM COGS in each Off-Peak Hour of the month multiplied by the seasonal off-peak Energy Credit rate. The seasonal FTM Energy Credit rates are equal to the Energy Credit components specified in the table for BTM COGS and will be updated annually as described there. FTM Capacity Credit = (1/12) x (Applicable Net CONE) x (Cap of FTM COGS) Applicable Net CONE = MISO’s Net Cost of New Entry (specified in $/kW-year) effective when the FTM COGS and utility enter into a 10- year service agreement, subject to extension in 5 year increments at the end of the initial term and each subsequent term. Net CONE shall be updated upon any extension. Cap of FTM COGS = MISO’s accredited capacity amount (in kW) then effective for the FTM COGS at the time of the service agreement or any extension thereof. FTM Trans Credit = $0 DLF (Distribution Loss Factor) = 1.03 RATE FILE Sheet No. 4 of 6 Schedule No. Pgs-2 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Customer-Owned Generation Systems (Greater than 20 kW) EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 4. On-Peak and Off-Peak Hours and Holidays On-Peak Hours: 8:00 a.m. – 8:00 p.m., Central Prevailing Time, Monday through Friday, excluding Holidays. Off-Peak Hours: All hours that are not On-Peak Hours. Holidays: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day, or the date celebrated as such. 5. Minimum Charge The monthly minimum charge paid by the customer shall be the customer charge. 6. Power Factor The customer shall maintain a minimum power factor as specified in Wis. Stats. Chapter PSC 119.20 (7). 7. Negotiated Rates Customers with generation systems greater than 20 kW have the right to negotiate a buy-back rate. The buy-back rate cannot be greater than the full avoided cost. The following are the required procedure guidelines: a. The utility must respond to the customer-owned generating system within 30 days of the initial written receipt of the customer-owned generating system proposal and within 30 days of receipt of a subsequent customer-owned generating system proposal, b. The utility’s rejection of the customer-owned generating system proposal must be accompanied by a counter-offer relating to the specific subject matter of the customer- owned generating system proposal, and c. If the utility is unable to respond to the customer-owned generating system proposal within 30 days it shall inform the customer-owned generating system of: 1) Specific information needed to evaluate the customer-owned generating system proposal. 2) The precise difficulty encountered in evaluating the customer-owned generating system proposal. 3) The estimated date that it will respond to the customer-owned generating system proposal. RATE FILE Sheet No. 5 of 6 Schedule No. Pgs-2 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Customer-Owned Generation Systems (Greater than 20 kW) EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 d. The Commission may become involved in the utility negotiations upon showing by either the utility or the COGS that a reasonable conclusion cannot be reached under the above guidelines. The Commission may provide a waiver to the guidelines and order new negotiation requirements so that a reasonable conclusion can be reached. e. A copy of all negotiated buy-back rates shall be sent to the Commission. These rates shall not be effective until the contract is placed on file at the Commission. 8. Charges for Energy Supplied by the Utility Energy supplied by the utility to the customer shall be billed in accordance with the rate schedules of the utility under which the customer is served. 9. Maintenance Rate A customer-owned generation facility may be billed lower demand charges for energy purchased during scheduled maintenance provided written approval is obtained in advance from the utility. Demand charges other than “Distribution Demand” shall be prorated if maintenance is scheduled such that the utility does not incur additional capacity costs. Such prorated demand charges shall be calculated as the demand charge rate times (the number of days in the billing period minus the number of authorized days of scheduled maintenance), divided by the number of days in the billing period. 10. Application Process and Customer Obligation See Wis. Admin. Code ch. PSC 119, Rules for Interconnecting Distributed Generation Facilities. 11. Utility Obligation a. Metering Facilities The utility shall install appropriate metering facilities to record all flows of energy necessary to bill in accordance with the charges and credits of the rate schedule. To the extent that the utility determines a separate meter is required for the generator, the utility will charge a monthly meter charge of $8.00 for such meter. Non-Standard Metering service is not available for customer metering under this schedule. b. Notice to Communication Firms Each electric utility shall notify telephone utility and cable television firms in the area when it knows that a customer-owned generating facility is to be interconnected with its RATE FILE Sheet No. 6 of 6 Schedule No. Pgs-2 Public Service Commission of Wisconsin Amendment No. 99 STURGEON BAY ELECTRIC UTILITY Customer-Owned Generation Systems (Greater than 20 kW) EFFECTIVE: July 1, 2026 PSCW AUTHORIZATION: Final Decision in Docket 5780-TE-111 issued April 6, 2026 system. This notification shall be as early as practicable to permit coordinated analysis and testing in advance of interconnection, if considered necessary by the electric or telephone utility or cable television firm. 12. Right to Appeal The owner of the generating facility interconnected or proposed to be interconnected with a utility system may appeal to the Commission should any requirement of the utility service rules filed in accordance with the provisions of Wis. Admin. Code § PSC 119.40, or the required contract be considered to be excessive or unreasonable. Such appeal will be reviewed and the customer notified of the Commission’s determination. 13. Renewable Energy Credits and Benefits All renewable energy credits and benefits, emissions allowances, or other renewable energy, air emissions, or environmental benefits for which the customer’s generation system qualifies under any existing or future applicable law shall remain the property of the customer. TO: Waupun Utilities Commissioners FROM: Steve Brooks, General Manager DATE: September 14, 2026 SUBJECT: General Manager Report 2027 Budget Process Staff continues to work through the 2027 budget process. Department heads have submitted preliminary budgets for their respective departments, and staff is reviewing and refining the numbers to ensure they align with operational needs and the overall financial goals of the utility. We will continue to make adjustments as we work toward a balanced and responsible 2027 budget. A preliminary budget presentation is scheduled for the Utility Commission’s October meeting. Staff will present the preliminary budget, along with high-level recommendations and key areas of focus, as we work toward finalizing the 2027 budget. Strategic Planning Session I attended WPPI’s Strategic Planning Session on August 27–28. The session focused on business plan priorities, power supply strategies, future capacity needs, and extensions to existing power supply contracts. The discussions provided an opportunity to look at the longer-term needs of member utilities and the strategies WPPI is considering to ensure reliable and cost-effective power supply for its members. Comtech Substation Transformer Failure Update Staff has identified a suitable replacement transformer from an investor-owned utility and has reached an agreement on the purchase price. Waupun Utilities has completed the necessary cost estimates and provided the information to the insurance adjuster for review and approval. We are currently working with the adjuster to obtain confirmation of coverage so we can proceed with the purchase and installation of the interim transformer. The transformer will provide an interim solution while Waupun Utilities continues to evaluate the long-term repair or replacement of the failed transformer. Customers First Coalition Power Breakfast Mayor Bishop, our Billing Representative, and I will attend the Customers First Coalition’s annual Power Breakfast on September 15. The event brings together policymakers, energy leaders, and stakeholders to discuss the key factors shaping energy costs in Wisconsin. This year’s discussion will focus on how global fuel markets, infrastructure investment, and customer usage—particularly during Wisconsin winters—affect energy bills, as well as the role effective utility regulation plays in managing these pressures. The event provides an opportunity to stay informed on issues affecting our customers and the utility industry. WPPI Annual Conference WPPI’s Annual Meeting will take place September 16–18, 2026, at Blue Harbor Resort in Sheboygan, followed by the WPPI Board of Directors meeting on Friday morning. The Annual Meeting brings together member utilities to discuss industry opportunities and challenges, receive updates on key initiatives, and share ideas and experiences through joint action. Waupun Utilities will have one employee recognized at the conference for successfully completing the WPPI Joint Action Leadership program. This concludes my report for September 2026. Please contact me at 324-7920 or sbrooks@waupunutilities.org with any questions or concerns. TO: Waupun Utilities Commissioners FROM: Owen Vande Kolk, Electric Operations Superintendent DATE: September 14, 2026 SUBJECT: Electric Operations Report Electric Department Update: Call-Ins On 8/17 at approximately 1:00 a.m., the lineman on call responded to an outage at 514 and 516 Maxon St. A tree branch fell on the service wires to the home. Power was restored at approximately 3:00 a.m. On 9/4 at approximately 6:50 a.m., a tree at 462 E. Jackson St. fell and broke a three-phase corner pole on E. Jackson St. The resulting outage affected approximately 90 customers. WU crews replaced the pole and restored power to all affected customers at approximately 12:30 p.m. Primary URD Cable Replacement As part of our annual primary cable replacement plan, crews will be installing new conduit and primary cable at three locations throughout the city: • S. Harris Ave. to the Dodge County Housing Authority transformers o Approximately 1,200’ of new conduit and primary cable. • N. West St. feed to residential URD transformer o Approximately 450’ of new conduit and primary cable. • County Park Campground o Approximately 800’ of new conduit and primary cable. N. and S. Harris Pole Replacement • Five 45’ three-phase poles have been installed on North and South Harris. o The poles are part of a three-phase feeder out of the Main Sub that are aging. o Two of the five poles will have new URD cable risers installed as part of the primary URD cable replacement project mentioned above. Development Planning • City of Waupun Alley Project o All new infrastructure has been installed. Crews will work with communication companies to remove the old pole in advance of finish grading, concrete, and paving. • Shaler Dr. Street Lighting Infrastructure o Includes 21 new 30’ aluminum poles and concrete bases. o Approximately 5,000’ of conduit and wire installation. o A directional drilling contractor will be utilized from Claggett Ave. to Country View Dr. • Site Planning and Utility Design for 60-Unit Housing Development o Working with developer on electric easements, transformer and service locations, and transformer sizing. WPPI Shared Services • GIS o A GIS specialist from WPPI completed 34”x35” printable system maps. o The maps will be available for use during a large-scale mutual aid event when internet access or online mapping applications may not be readily available to responding crews. o Maps included: ▪ Feeder identification ▪ Fuse and three-phase switching locations ▪ Substations ▪ Transformer identification This concludes my report for the September 2026 WU Commission Meeting. Please contact me at 324-7920 or ovandekolk@waupunutilities.org with any questions or concerns. TO: Waupun Utilities Commissioners FROM: Darren Sytsma DATE: September 14, 2026 SUBJECT: Monthly Operation Report Water Treatment Facility: • Call-In Report No call-ins to report. • Operations Both scale inhibitor pumps experienced a loss of flow. Staff diagnosed the equipment, made repairs to the pump suction equipment, and restored proper chemical flow to the RO skid. Three members of the Treatment Facility staff attended a free Wells & Pumps – Operations & Maintenance class held at Municipal Well & Pump on September 10. A tentative schedule has been set for the week of October 5 to complete the radio upgrade installation at the Water Plant, wells, towers, and lift stations. Wastewater Treatment Facility: • Call-In Report ABNR alarms continue to cause call-ins and remote logins to acknowledge and clear alarms. SCADA repair technicians have now included Allen Bradley in discussions to help identify possible causes. • Operations Staff installed four temporary clarifier launder covers, which have proven successful in eliminating unwanted algae growth in the clarifier troughs. Utility staff met with BCC to discuss the City sewer use ordinance and the presence of non-compliant material found in sewer lines during annual collection system cleaning. • Operations (continued) The Treatment Facility department is now fully staffed with the addition of a new Treatment Facilities Operator. Jeff brings previous water and wastewater experience and holds full WDNR certifications for both water and wastewater treatment. The recently promoted Treatment Facility Lead is continuing his education by attending classes through CVMIC. He is currently enrolled in the Emerging Leader Certification Program. Treatment Facility Operator David has attended several Wisconsin Rural Water Association groundwater and distribution classes in preparation for his upcoming WDNR testing in November. Thirty WPPI staff members were given an overview of the Water and Wastewater Treatment Facilities, followed by a tour of the Control Room, Laboratory, and the ABNR treatment process. Next week, we will be hosting the Municipal Environmental Water and Wastewater Groups (MEG). MEG Wastewater will hold its meeting in the morning, followed by a brief tour of the ABNR facility. MEG Water will then hold its meeting after lunch. Steve, Jen, and I met with Greater Envision Fond du Lac’s Business Retention and Expansion staff to discuss how they could help us connect with others in the county and further develop future connections. As a result of this meeting, Jen and I will be meeting with staff at the MPTC Fond du Lac Campus later this month to tour the facility and discuss learning opportunities available to Treatment Facility staff related to the Industrial Electrician Apprenticeship and the Electricity and Electromechanical Technology programs. This concludes my report. Please do not hesitate to contact me with your questions or concerns at 324-7920 or dsytsma@waupunutilities.org. TO: Waupun Utilities Commissioners FROM: Matt Geschke DATE: September 14th, 2026 SUBJECT: Monthly Operation Report Collection and Distribution Crew Call-In Report • On Thursday, August 27, staff responded to 306 E. Main St. for a copper water se rvice that had been damaged by a contractor. Upon arrival, staff found that the copper service had been pulled out of the building, which caused the water meter to break and resulted in damage to some of the internal plumbing. Staff contacted a local plumber to complete the necessary repairs to the internal plumbing in the basement. Once the plumbing repairs were completed, Waupun Utilities staff installed a new water meter and restored water service. • On Saturday, September 5, staff responded to 320 E. Main St. for a low water pressure complaint. Upon arrival, staff determined that the newly installed curb stop had not been fully opened following the contractor's installation of the new water service. Staff fully opened the curb stop, restoring proper water pressure to the property. Water Distribution Operations • Valve exercising continues throughout the system. Staff currently have approximately one more week of valve exercising work remaining. Once valve exercising is completed, staff will begin hydrant maintenance. Sanitary Sewer Operations • Staff continue to flush sanitary mains throughout the city as part of ongoing sanitary sewer maintenance. • Staff also replaced the sanitary lateral at 708 Tulip Lane due to a significant sag in the lateral that was causing recurring sewer backups. The existing lateral was removed and a new sanitary lateral was installed to correct the issue. • Staff also capped an unused sanitary lateral at the new Pelton Development. The lateral was capped because it will not be utilized as part of the new development. North Alleyway Reconstruction Update • All water main installation has been completed, tested, and placed into service throughout the project. Staff have removed all temporary water lines. • All fire hydrants are active and ready for use. Fire flow testing will be completed after the asphalt has been installed. • All sanitary sewer main and sanitary laterals have also been installed throughout the project. Shaler Drive Extension Update • All water main installation has been completed and tested. The remaining work is to complete a fire flow test on one hydrant. This concludes my report. Please do not hesitate to contact me with your questions or concerns at 324-7920 or mgeschke@waupunutilities.org. TO: Waupun Utilities Commissioners FROM: Chelsea Lisowe, Energy Services Manager DATE: September 14, 2026 SUBJECT: Energy Services Manager Report • Thank you to Waupun Utilities for hosting WPPI’s August MRCS (Member Relations, Communications, & Services) department meeting o Tour of WWTP was very well received • Power Partner Rewards Events (Residential Smart Thermostat Adjustment Program) o 9/1: 3-5pm o 9/3: 5-7pm • WPPI Annual Meeting, 9/16-18, Blue Harbor Resort- Sheboygan o Wed: Public Power Golf Open o Thurs: Awards, program speakers, breakout sessions ▪ Topics include: industry changes, data centers, AI, state of WPPI, policy, finance & rates, power supply, customer engagement & technology, utility governance o Fri: BOD meeting • Public Power Week, October 4-10th o Third grade poster coloring contest again o Raffle of electric powered items for residential customers