. >> commissioners, eric sadler, cfo. i have a quick quarterly budget status report. may i have the slides, please? and this represents, this is the second quarter budget status report and reflects results through december 31, 2018. let's see, we have positive net results projected for wastewater and the cleanpowersf enterprise. we're experiencing lower revenues in three enterprises, so modest decline in water sales, or modest lower water sales revenues versus the budget, same with sewer, and a little larger reduction in power revenues versus the budget. the financial results meet coverage and reserve policy targets except for the power enterprise, where the fund balance is projected to not meet the operating reserve minimum due to the low revenue. just to touch briefly on each enterprise, we're experiencing lower water sales, partially offset by one-time nonoperating revenues, so the lower water sales are a result of the wet weather. you will notice that we actually saw an increase in revenue on the wholesale side, but that's largely because of minimum purchase requi