HomeMy WebLinkAbout11 Schedule Public Hearing for Annual Standby ChargesAgendaItem#11kTRUCKEEDONNERPublicUtilityDistJCONSENTTo:BoardofDirectorsFrom:ReginaWiseDate:March04,2020Subject:ConsiderationofSchedulingaPublicHearingRelatedtoAdoptionoftheAnnualElectricandWaterStandbyCharges1.WHYTHISMATTERISBEFORETHEBOARDBoardactionisrequiredannuallytoadoptelectricandwaterstandbychargesforthe2020-2021propertytaxyear.Tonight’sitemisthebeginningoftheprocessbyschedulingapublichearingtorenewtheexistingelectricandwaterstandbycharges.2.HISTORYStandbychargeshavebeenassessedonvacantparcelsintheDistrictsince1975.TheseannualchargesrecouptheDistrict’soperatingandmaintenancecostsoftheelectricandwaterdistributionfacilitiesfromparcelownerswhobenefitfromtheirvacantlotbeingincloseproximitytothedistributionfacilities.Standbyrateshavenotbeenmodifiedinmanyyears,andtherearenoproposedchangesatthistime.ThecurrentElectricStandbyChargeis$20.00peryearforeachparceloneacreorlarger,or$10.00peryearforeachparcellessthanoneacre.ThecurrentWaterStandbyChargeis$80.00perparcelperyear.TheBoardmustformallyadoptthestandbychargeseachyear.3.NEWINFORMATIONStaffproposesaPublicHearingbeheldtoconsiderrenewingtheexistingElectricandWaterStandbyChargesonvacantparcelsintheDistrict.4.FISCALIMPACTTheestimatedstandbyrevenuefor2020-2021is$18KforElectricand$114KforWater,inlinewiththebudgetedrevenueintheapprovedFY20Budget.5.RECOMMENDATIONScheduleapublichearingattheregularlyscheduledDistrictBoardMeetingonApril1,2020at6:00PM,orassoonthereafter,forthepurposeofreceivinginputontheadoptionofannualElectricandWaterStandbyCharges.
,%zReginaWiseMichaelD.HolleyFinance&AccountingManagerGeneralManager