HomeMy WebLinkAbout9 Standby Charges Public Hearing Set DateAGENDA ITEM #9
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MEETING DATE:March 2, 2022
TO:Board of Directors
FROM:Michael Salmon, CFO
SUBJECT:Consideration of Scheduling a Public Hearing Related to
Adoption of the Annual Electric and Water Standby Charges
APPROVED BY______________________________
Brian C. Wright, General Manager
RECOMMENDATION:
Schedule a public hearing at the regularly scheduled District Board Meeting on April 6,
2022 at 6:00 PM, or as soon thereafter, for the purpose of receiving input on the
adoption of annual Electric and Water Standby Charges.
BACKGROUND:
Board action is required annually to adopt electric and water standby charges for the 2022-
2023 property tax year. This process begins by scheduling a public hearing to renew the
existing electric and water standby charges.
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. 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. Staff proposes a Public
Hearing be held to consider renewing the existing Electric and Water Standby Charges on
vacant parcels in the District.
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FISCAL IMPACT:
The estimated standby revenue for 2022-2023 is $17K for Electric and $105K for Water,
consistent with budgeted revenue in the approved FY22 Budget.
ATTACHMENTS:
None