|The village council does not have an entity budget or a utility specific budget. The tribal administrator reports on the finances of the village during the monthly meetings. The utility is current on paying electric bils. The washeteria expenses recorded in the financial reports are limited to payroll and taxes and nominal amounts for fees, parts, and supplies. Expenses for electricity and fuel are not recorded by department. Fuel is flown in as needed approximately every four weeks. The council obtained a Bulk Fuel Loan from the State of Alaska. In April 2010, Alaska Energy Authority (AEA) contacted RUBA staff and asked for assistance in getting Chalkyitsik to make payments for the fuel loan. RUBA will research the documentation provided by the community and the request from AEA.
Revenue is recorded in a usable manner but the expenses are not so it is not possible to determine if revenue is sufficient enough to cover expenses. Customers prepay for electricity using the powerstat card system, the self hauling watering point is free, and the washeteria uses tokens. Each token is $2.50. The washers, dryers, and showers each take two tokens per cycle. The tribal administrator collects payment for electricity, tokens,and for other services provided (maintenance services, equipment, building rental, State of Elections). Revenue is given to the bookkeeper who enters the amounts into QuickBooks. Since there is no budget, it is not possible to determine if revenue and expenses are at a level equal to, above, or below budgeted amounts. At the council meetings, the administrator provides written and verbal management reports that explain the QuickBooks reports.|