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HomeMy WebLinkAbout7,Public Hearing Electric & Water Standby ChrgPublic Hearing Item #7 Public Hearing for Continuing Water and Electric Standby Charges June 6, 2012 Background / History • Standby charges have been assessed on vacant parcels since 1975 • Recoup O&M costs of facilities when distribution lines are available to vacant lots • Nevada and Placer Counties require new resolutions each year to continue charges on the annual property tax bill 2 New Information • Current annual charges: Water - $80 per unimproved parcel of any size Electric - $10 per unimproved parcel less than an acre $20 per unimproved parcel greater than an acre • No changes in standby charge amounts are being proposed • Updated lists of qualifying parcels will be provided to Nevada and Placer Counties along with certified copies of the resolutions 3 Fiscal Impact The estimated revenue for FY12 — FY13 for this action is: Nevada County: Water Standby Charges Electric Standby Charges Total Parcels Placer County: Water Standby Charges Electric Standby Charges Total Parcels 0 21332 Recommendation • Conduct a Public Hearing to receive public input relating to continuing Electric and Water Standby Charges 5