Something fishy at DWP and it's not Lake Castaic. The amount of rate increases on the City Council agenda for March 25 is hidden in plain sight!
PUBLIC NOTICE: A LOT OF PEOPLE WHO I SPEAK WITH AND EMAIL EACH DAY ARE URGING PEOPLE TO SHOW UP AT THE CITY COUNCIL MEETING THIS TUESDAY MARCH 25 at 10:00 AM FOR THE DWP RATE INCREASE ITEM. (Sign up for public comment, or just show up to show support.)
Here's the agenda item from the City Council Agenda for 3/25. The dollar increases do not show as being incremental for each year. Big bucks are missing! (YOU READ IT HERE FIRST. MAYBE YOU WILL READ ABOUT IT IN LAzy TIMES or DAILY SNOOZE NOW THAT IT HAS BEEN BROUGHT TO THEIR ATTENTION!)
Note that the Fiscal Impact Statement does NOT reflect the CUMULATIVE amounts of the rate increases.
PUBLIC NOTICE: A LOT OF PEOPLE WHO I SPEAK WITH AND EMAIL EACH DAY ARE URGING PEOPLE TO SHOW UP AT THE CITY COUNCIL MEETING THIS TUESDAY MARCH 25 at 10:00 AM FOR THE DWP RATE INCREASE ITEM. (Sign up for public comment, or just show up to show support.)
Here's the agenda item from the City Council Agenda for 3/25. The dollar increases do not show as being incremental for each year. Big bucks are missing! (YOU READ IT HERE FIRST. MAYBE YOU WILL READ ABOUT IT IN LAzy TIMES or DAILY SNOOZE NOW THAT IT HAS BEEN BROUGHT TO THEIR ATTENTION!)
Note that the Fiscal Impact Statement does NOT reflect the CUMULATIVE amounts of the rate increases.
ITEM NO. (2) - Motion Required - SEE ITEM NO. (6) 07-3247/07-3248
CONTINUED CONSIDERATION OF HEARING relative to Water Rate Action, Power Rate Action and related matters as specified. (Public Hearing Held on October 31, 2007, pursuant to Government Code Section 53753) (On December 11, 2007 Council withdrew these three matters from Energy and Environment and Budget and Finance Committees and sent the matters back to the Board of Water and Power Commissioners. Council continued the Hearing to February 20, 2008.) (On March 19, 2008 Council referred the matter of the Power Restructuring Proposal on Council file No. 07-3249 to the Energy and Environment Committee, and instructed the City Attorney and City Clerk with respect to the Ordinances on the Water Rate Action and Power Rate Action.) (Continued from Wednesday, March 19, 2008)
Items for Which Public Hearings Have Been Held - Items 6-13
ITEM NO. (6) - Motion Required - SEE ITEM NO. (2)
ITEM NO. (6) - Motion Required - SEE ITEM NO. (2)
ENERGY AND ENVIRONMENT COMMITTEE REPORT and COMMUNICATION FROM MEMBERS, BUDGET AND FINANCE COMMITTEE and ORDINANCES FIRST CONSIDERATION relative to authorization to amend the Water Rate Ordinance No. 170435 and Electric Rate Ordinance No. 168436 to increase water and electric revenues. SUBMITS WITHOUT RECOMMENDATION the recommendations of the Chief Legislative Analyst (CLA) and City Administrative Officer (CAO) as follows, SUBJECT TO THE APPROVAL OF THE MAYOR:
1. PRESENT and ADOPT the accompanying ORDINANCE amending existing water rates and approving water rate increases of 3.1 percent effective July 1, 2008 and an additional 3.1 percent effective July 1, 2009, revising the Water Shortage Rate, amending public irrigation schedule and establishing a Balancing Account in the Water Revenue Account.
2. PRESENT and ADOPT the accompanying ORDINANCE amending existing power rates and approving power rate increases of 2.9 percent effective date of the implementing ordinance, an additional 2.9 effective July 1, 2008, and an additional 2.7 percent effective July 1, 2009, establish a new Reliability Cost Adjustment pass-through category, amending the existing Low Income Subsidy and increasing the subsidy from 15 percent to 20 percent effective date of the implementing Ordinance.
3. INSTRUCT the Los Angeles Department of Water and Power (LADWP) to report back on the status of revenue generating and cost containment initiatives, including the effective use of real property, and the effectiveness of its enterprise information systems.
4. INSTRUCT the CLA and the CAO to report to the Council in 45 days on the formation of an Oversight Committee, composed of representatives from the CLA, CAO, LADWP, Chair of the Energy and Environment Committee, and the Office of the Mayor, to monitor and report on the infrastructure improvements, staffing and related expenditures associated with the LADWP's Power Reliability Program and the Water Infrastructure Program.
5. INSTRUCT the LADWP to the report on the implementation of the workforce planning program in 60 days that accounts for staffing and the use of overtime, for the water distribution operations, transmission/distribution operations and related engineering personnel.
Fiscal Impact Statement: The Board of Water and Power Commissioners report that additional Power System revenues resulting from the proposed revenue increase above the existing rate structure are estimated to be: $11 million in Fiscal Year 2007-08; $75 million in Fiscal Year 2008-09; and $75 million in Fiscal Year 2009-10. Additional Water System revenues from implementation of the proposed revenue increases are estimated to be: $23 million in Fiscal Year 2008-09 and $24.6 million in Fiscal Year 2009-10.
Fiscal Impact Statement: The Board of Water and Power Commissioners report that additional Power System revenues resulting from the proposed revenue increase above the existing rate structure are estimated to be: $11 million in Fiscal Year 2007-08; $75 million in Fiscal Year 2008-09; and $75 million in Fiscal Year 2009-10. Additional Water System revenues from implementation of the proposed revenue increases are estimated to be: $23 million in Fiscal Year 2008-09 and $24.6 million in Fiscal Year 2009-10.
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