20030414Annual Report.pdf

ADMINIS1RATOR'S ANNUAL REPORT
IDAHO TELECOMMUNICATIONS RELAY SERVICE FUND
YEAR ENDED - DECEMBER 31, 2002
REVENUES
Revenues collected from 1-1"()2 through 12-31-02 totaled $528 784.22 of which
$346 237.26 (65%) was received from local exchange services and $182 546.96 (35%)
was received from MTS/WATS services. The balance on 12-31-02 was $189 699.25.
DISBURSEMENTS
Total disbursements to Hamilton Telecommunications to provide the relay service for the
year ended 12-31-02 were $554 296.72.
ADMINIS1RA TIVE FEES AND EXPENSES
Administrative fees and expenses paid through the year ended 12-31-02 were $34 445.85.
FUND S
On 12-31-01 the fund cash balance was $249 207.15.
The following shows the quarterly and ending cash balances for 2001:
ENDING
BALANCE 3-31-02 BALANCE 6-30-02 BALANCE 9-30-02 BALANCE 12-31-
$210 401.87 $196 104.34 $194 635.42 $189 699.
INTEREST
Interest earned on funds during the year ended December 31 , 2002 was paid by U S Bank:totaling $450.45.
USE OF SYSTEM
Conversation minutes on the relay service, including inter-state long distance totaled
520 741 demonstrating no increase over 2001. Average answer ti~e for the year was
1.12 seconds.
RECOMMENDATION
I am forecasting no relay growth in 2003.
I am not recommending a relay rate change for 2003. I am projecting that during 2003
the relay fund will show at least a $63 000 deficit, which should leave a reasonable
reserve fund at the end of the year. I will monitor our revenues throughout the year, as a
further decline in line count and intra-state long distance could still force a relay rate
change later in the year.
CALL AND LINE COUNT
The relay service during 2002 had 735 420 lines and 265 460 741 long distance minutes
reported to it by providers and carriers.
Bob Dunbar
11-
Relay center operations figures are considered confidential and proprietary by Hamilton
Telecommunications.
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