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HomeMy WebLinkAbout9,Schedule Public Hearing-Standby Charges Action Item # 9 May 4, 2011 ChargesWater and Electric Standby Schedule Public Hearing for Schedule Public Hearing for Water and 2 to water and electric facilitiesVacant parcels benefit from being in close proximity •which are available to vacant parcelsmaintenance costs of water and electric facilities Standby charges recoup operating and •parcels since 1975Standby charges have been assessed on vacant •Background / History Electric Standby Charges New Information Electric Standby ChargesSchedule Public Hearing for Water and 3$20 per parcel greater than an acre$10 per parcel less than an acre-Electric •$80 per unimproved parcel of any size-Water •Current annual charges:•tax billsresolutions each year to add charges to the annual Nevada and Placer Counties require new • New Information/Fiscal Impact Electric Standby ChargesSchedule Public Hearing for Water and 4$201,020Total1.55% of water revenue172,880Water Standby Charges .09% of electric revenue$ 28,140Electric Standby Charges 2012-Budgeted standby charges for 2011•No proposed changes to the standby charges•to hold a Public HearingTo continue the standby charges, the Board needs • Recommendation Electric Standby ChargesSchedule Public Hearing for Water and 5 adoption of Water and Electric standby chargesPM for the purpose of receiving input on the Schedule a Public Hearing on June 1, 2011 at 6:00 •