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HomeMy WebLinkAbout13 Your Publc-Owned Local Electric and Water Utility WORKSHOP ITEM #13 Water UtilityOwned Local Electric and -Your PublicWater UtilityOwned Local Electric and -Your Public December 6, 2017 Your Public Community Partner (Future)Your Local •)Service (FutureClean, Reliable, and Affordable Electric •Friendly (Future)•Anywhere (Future)Line Account -Your On•Owned Local Electric and Water Utility (tonight)-Your Public•)st The Facts of Mountain Living (Nov. 1•)th Save Energy, Water, Money and Live More Comfortably (Oct. 4•)th The Best Water Right From Your Tap (Sept. 6•Themes that communicate and embody how we serve our customers•costopen, responsible, environmentally sound manner at the lowest practical meeting customer demand, and to manage District resources in a safe, To provide reliable, high quality water and electrical power services while •District’s Mission:•BACKGROUND / HISTORY Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility- NEW INFORMATION Leveraging resources and sharing expertise•action and collaboration-Benefits of joint•District is owned by and serves the needs of our rate payers•Advantages of being a locally owned electric and water utility•Democratic, open, and transparent•Local control and a public process open to everyone•profit electric and water utility-owned, non-Public•Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility-Your Public NEW INFORMATION Provides another opportunity to interact•District Board and staff active in the community•Opportunities to provide input into the decision making process•Public information•defined public process-Well•Open and transparent communications•District is a key part of local government•Board resides in community and represent overall interests•year terms, staggered every two years-4•District’s Board is elected by rate payers•Local control and a public process open to everyone•Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility-Your Public NEW INFORMATION Any value created accrues to our rate payers and community•Ray payers only pay for cost of service business model•Cost of service business model•owned utilities (IOU’s) focus is on shareholder value-Investor•Focus is on serving rate payer needs•exempt municipal financing-Access to tax•-for-Not•The District is owned by our rate payers•Advantages of being a public owned electric and water utility•Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility-Your Public NEW INFORMATION rates, and high reliabilityexcellent service, low rate payer focus + collaboration = Local control + •Phase IIRecent participation in Mountain Housing Council and Truckee Tomorrow •Leveraging resources and expertise•Opportunities exist to pursue shared interests•Local collaboration with both public and private organizations•, and ACWUCMUA, AWWA•Strength in numbers!•Share expertise, leverage resources, and execute joint projects•owned utilities-action with other public-Joint•action and collaboration-Benefits of joint•Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility-Your Public Your PublicOwned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility- FISCAL IMPACT There is no fiscal impact associated with this workshop item•Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility-Your Public RECOMMENDATION Receive this report and provide comments•Owned Local Electric and Water Utility-Your PublicOwned Local Electric and Water Utility-Your Public