Description: AGENDAHED.JPG

Description: AGENDAHED.JPG
Item No: 5.C

 

Meeting Date: October 22, 2012

 

From: Bill Spinelli, Finance Director, CPA

 

Subject: Ordinance establishing new rates for Electric, Gas and Solid Waste to be effective October 1, 2012

 

 


Staff Recommendation:

Staff recommends adoption of the ordinance repealing Ordinance 12-62 adopted September 24, 2012, in its entirety and increasing rates for the electric, gas, and solid waste utilities by 1.0% to be effective October 1, 2012.

 

Analysis:

During the Budget process, the City Commission decided to balance the General Fund budget by increasing the transfers from the utility funds by 1.20%. In order for the utilities to transfer more funds to the General Fund, a corresponding increase in utility rates is necessary. During discussion several changes were made to the budget and staff identified 1.20% as the amount needed to balance the budget. At the September 24, 2012, meeting, Ordinance 12-62 was adopted at 1.20% increase. In the ensuing week, the final numbers were computed, and the General Fund actually received too much funding. The City Commission approved dropping the rate from 1.20% to 1.00% at the October 8, 2012 meeting. The following table demonstrates the new transfer percentage and amounts that will be transferred to the General Fund.

 

 

* Water and Wastewater rate ordinances will be coming to the Commission in October due to Florida Statute requirements which requires notification on utility bills of rate hearings.

 

Options:

1. Adopt the Electric, Gas and Solid Waste rate ordinance as presented; or,

2. Such alternative action as the Commission may deem appropriate.

 

 

 

Fiscal Impact:

If adopted, this ordinance will repeal Ordinance 12-62 and increase the electric, gas, and solid waste utilities by 1.0% (instead of 1.2%) to be effective October 1, 2012.

 

 

Department: ______________________

Prepared by: ______________________

Attachments: Yes____ No ______

Advertised: ____Not Required ______

Dates: __________________________

Attorney Review : Yes___ No ____

_________________________________

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance Dept. __________________

Deputy C.M. ___________________

Submitted by:

City Manager ___________________

 

Account No. _041-0000-343-xxxx__

042-0000-343-xxxx__

046-0000-343-xxxx__

 

Project No. ___________________

 

WF No. ______________________

 

Budget ______________________

 

Available _____________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ORDINANCE NO.

 

AN ORDINANCE OF THE CITY OF LEESBURG, FLORIDA, REPEALING ORDINANCE NO. 12 62 ADOPTED ON SEPTEMBER 24, 2012, IN ITS ENTIRETY; INCREASING RATES FOR THE ELECTRIC, GAS AND SOLID WASTE UTILITIES BY 1.0% OVER RATES EXISTING PRIOR TO ADOPTION OF ORDINANCE NO. 12 62; SPECIFYING HOW THE ANNUAL INDEX DRIVEN RATE INCREASE PROVIDED BY 22 166 OF THE CODE OF ORDINANCES SHALL BE APPLIED IN CONJUNCTION WITH THE INCREASE IMPOSED IN THIS ORDINANCE, PROVIDING EXCLUSIONS FOR CERTAIN COMPONENTS OF THE BILLS FOR THESE UTILITIES, EXEMPTING DEPOSIT REQUIREMENTS FROM THE RATE INCREASE, REPEALING CONFLICTING ORDINANCES, PROVIDING A SAVINGS CLAUSE, AND PROVIDING AN EFFECTIVE DATE.

 

BE IT ENACTED BY THE PEOPLE OF THE CITY OF LEESBURG, FLORIDA:

 

SECTION I.

 

Ordinance No. 12 62, which was adopted on second reading by the Leesburg City Commission at its regular meeting held on September 24, 2012, is hereby repealed in its entirety, nunc pro tunc as of its original effective date.

 

SECTION II.

 

22 196 of the Code of Ordinances is amended to increase all rates for electrical service which are in effect as of September 30, 2012 (including any prior adjustments applied under 22 166 of this Code), effective as to all bills rendered on or after October 1, 2012, by 1.0%. This increase shall apply to base rates only and shall not apply to the bulk power cost adjustment or any other component of the electric bill, nor shall it apply to deposit requirements. The automatic, index driven rate increase imposed annually by 22 166 shall be applied on October 1, 2012, to the rate including the additional 1.0% increase imposed by this Ordinance.

 

SECTION III.

 

22 246 of the Code of Ordinances is amended to increase all rates for natural gas service which are in effect as of September 30, 2012 (including any prior adjustments applied under 22 166 of this Code), effective as to all bills rendered on or after October 1, 2012, by 1.0%. This increase shall apply to base rates only and shall not apply to the purchased gas adjustment or any other component of the natural gas bill, nor shall it apply to deposit requirements. The increase imposed annually by 22 166 shall be applied on October 1, 2012, to the rate including the additional 1.0% increase imposed by this Ordinance.

 


SECTION IV.

 

11 29 of the Code of Ordinances is amended to increase all rates for solid waste collection and disposal service which are in effect as of September 30, 2012 (including any prior adjustments applied under 22 166 of this Code), effective as to all bills rendered on or after October 1, 2012, by 1.0%. This increase shall not apply to deposit requirements. The increase imposed annually by 22 166 shall be applied on October 1, 2012, to the rate including the additional 1.0% increase imposed by this Ordinance.

 

SECTION V.

 

All ordinances or part of ordinances which are in conflict with this Ordinance are hereby repealed, to the extent necessary to alleviate the conflict, but shall continue in effect insofar as they are not in conflict herewith, unless repeal of the conflicting portion destroys the overall intent and effect of any of the conflicting ordinance, in which case those ordinances so affected shall be hereby repealed in their entirety.

 

SECTION V.

 

If any portion of this Ordinance is declared invalid or unenforceable, and to the extent that it is possible to do so without destroying the overall intent and effect of this Ordinance, the portion deemed invalid or unenforceable shall be severed herefrom and the remainder of the ordinance shall continue in full force and effect as if it were enacted without including the portion found to be invalid or unenforceable.

 

SECTION IV.

 

This Ordinance shall become effective upon its passage and adoption according to law, with the rate increases imposed by this Ordinance to be effective as to all bills rendered for the specified services for the month of October, 2012, and succeeding months until amended by subsequent ordinance.

 

PASSED AND ADOPTED at the regular meeting of the City Commission of the City of Leesburg, Florida, held on the day of , 2012.

 

 

THE CITY OF LEESBURG, FLORIDA

 

 

 

BY:

MAYOR

 

 

 

Attest: ____

CITY CLERK