HomeMy WebLinkAbout8 Public Hearing Standby ChargesAgenda Item #8
To:
From:
Date:
Subject:
Board of Directors
Mike Salmon
May 06, 2020
Consideration of Scheduling a Public Hearing Related to Adoption
of the Annual Electric and Water Standby Charges
CONSENT
Mike Salmon Michael D. Holley
Chief Financial Officer General Manager
1. WHY THIS MATTER IS BEFORE THE BOARD
Board action is required annually to adopt electric and water standby charges for the
2020-2021 property tax year. Tonight's item is the beginning of the process by
scheduling a public hearing to renew the existing electric and water standby charges.
2. HISTORY
Standby charges have been assessed on vacant parcels in the District since 1975.
These annual charges recoup the District's operating and maintenance costs of the
electric and water distribution facilities from parcel owners who benefit from their
vacant lot being in close proximity to the distribution facilities.
Standby rates have not been modified in many years, and there are no proposed
changes at this time. The current Electric Standby Charge is $20.00 per year for each
parcel one acre or larger, or $10.00 per year for each parcel less than one acre. The
current Water Standby Charge is $80.00 per parcel per year.
The Board must formally adopt the standby charges each year.
3. NEW INFORMATION
Staff proposes a Public Hearing be held to consider renewing the existing Electric and
Water Standby Charges on vacant parcels in the District.
4. FISCAL IMPACT
The estimated standby revenue for 2020-2021 is $18K for Electric and $114K for
Water; consistent with the budgeted revenue in the approved FY20 Budget.
5. RECOMMENDATION
Schedule a public hearing at the regularly scheduled District Board Meeting on May
20, 2020 at 6:00 PM, or as soon thereafter, for the purpose of receiving input on the
adoption of annual Electric and Water Standby Charges.