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HomeMy WebLinkAboutAgenda Statement 1982/06/15 Item 5COUNCIL AGENDA STATEMENT Item ~ 5 Meeting Date E~= 6/15/82 ITEM TITLEI SUBMITTED Public Hearing - Consideration of Utility Users.' Tax a. R solution - Establishing the rate for the Utility Users' Tax between July 1, 1982 and December 31, 1982 . Director of Finance (4/5ths Vote: Yes No X ) On Ju e 29, 1978, the City Council approved and adopted Ordinance 1803. This Ordin nce requires that a public hearing be held no later than the time the City ouncil schedules its public hearing for the adoption of the budget. There ore, it is my RECOMMENDATION: That ~he City Council conduct a public hearing in consideration of the Utility User' Tax and establish the necessary tax rate. BOARD~AND COMMISSION RECOMMENDATION: Not Applicable ~- DISCUbSION: The p rpose and intent of Ordinance 1803 was to provide sufficient utility user' taxes to insure a reasonable level of revenue for the necessary operation of th City of Chula Vista. Additionally, the City Council wished to retain the p ogram of basing the taxation of gas and electricity on units of energy thus rotecting taxpayers from increases in the tax brought about by rate increases grant d by the Public Utilities Commission. Actua utility user's taxes collected in the 1980-81 fiscal year were $1,334,459. The f'nal projection for 1981-82 is $1,422,980 representing an increase of $88,521. The p esent tax rate on telephones is 5% and the consumption factor for electricity is .0 25 and for gas .00919. The recommended rates would be 52% for telephones and t e consumption factor for electricity would be .00275 and for gas would be be .01011. Exhib'ts A & B, attached, show the summary of utility user's tax consumption and d llar amounts collected for the current fiscal year 1981-82. Ems'-r~~ -~- by tr;e City ~;~, ~ ~--.--- _---- Chula V~Stt~~ ~.cii~?G.''fl;t~ ted ~ /D - ~~ L . _ L~_~ - - _ ~,. ~9v~ Form A-11 (Rev. 11/79)