HomeMy WebLinkAboutAgenda Statement 1984/12/04 Item 4 COUNCIL AGENDA STATEMENT
Item 4
Meeting Date 12/04/84
TEM TITLE: Public Hearing - Consideration of Utility User's Tax
Resolution/ Establishing Rate for Utility User's Tax Between January 1 , 1984
and June 30, 1985
UBMITTED BY:Director of Finance & (4/5ths Vote: Yes No X )
:EVIEWED BY: City Manager
City Ordinance 1803 approved and adopted by the City Council on June 29, 1978,
requires the City Council to review the Utility User's tax rate mid year and
also at the public hearing adopting the annual budget.
RECOMMENDATION: That the City Council conduct a public hearing
and adopt resolution maintaining present rate.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
The purpose and intent of Ordinance 1803 was to provide sufficient utility
user's taxes to ensure a reasonable level of revenue for the necessary
operation of the City. Additionally, the City Council wished to retain the
program of basing the taxation of gas and electricity on units on energy thus
protecting taxpayers from increases in the tax brought about by rate increases
granted by the Public Utilities Commission.
Utility user's tax revenue for the fiscal year 1983-84 was $1 ,454,048. The
budget estimate for 1984-85 is $1 ,540,000 based on the present tax rate on
telephones of 5% and consumption factors of .0025 for electricity and .00919
for gas.
Exhibit A, attached, shows the summary of utility user's consumption and tax
revenue collections for the prior fiscal year 1983-84. The same information
is included for the first four months of the current fiscal year 1984-85.
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EXHIBIT A
UTILITY USER'S TAX SUMMARY
1983-84 FISCAL YEAR
Gas & Electricity Telephones
Electric
Month Kilowatt Gas Therm Revenue Revenue
July 26,628,137 1 ,206,425 $ 77,501 $ 43,493
August 24,998,365 1 ,027,802 71 ,798 42,542
September 25,033,825 828,220 70,051 45,214
October 29,659,642 882,333 82,095 44,505
November 27,630,109 909,501 77,278 43,793
December 26,859,679 1 ,018,817 76,359 44,635
January 26,058,447 1 ,832,243 81 ,819 43,243
February 25,221 ,933 1 ,866,529 79,996 38,961
March 25,040,172 1 ,911 ,745 79,957 43,982
April 26,373,563 1 ,982,543 83,932 42,401
May 25,743,391 1 ,565,050 78,533 45,607
June 24,119,741 1 ,224,606 71 ,366 44,987
Total 313,367,004 16,255,814 $930,685 $523,363
UTILITY USER'S TAX SUMMARY
July 1, 1984 to November 1
Gas & Electricity Telephones
Electric
Month Kilowatt Gas Therm Revenue Revenue
July 25,681 ,545 1 ,060,089 $ 73,753 $ 47,554
August 26,339,879 910,849 74,024 47,890
September 27,862,116 810,978 76,906 47,324
October 29,295,585 812,766 80,496 53,668
Total 109,179,125 3,594,682 $305,179 $196,436
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