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08-08-2022
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08-08-2022 BPU RPT 08
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08-08-2022 BPU AGENDA
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<br /> <br />Ad Hoc Committee <br /> <br />Purpose: To create an ad hoc committee to review and evaluate the RPU and <br />City fiscal policies related to the use of bond financing to fund <br />internal staff labor used to design, construct, and administer capital <br />projects. <br /> <br />Scope: At a minimum, <br /> Explore current practice and its supporting strategies <br /> Explore practices of other municipal agencies <br /> Evaluate advantages and disadvantages of the current <br />practice to current and future ratepayers <br />o Cost of projects <br />o Cost to customers <br />o Equity across all customers <br />o Impact on fiscal condition of the utility <br /> <br />Deliverables: By November 30, 2022 – Staff report to Board <br /> Document how the current process is used in the budget <br />and rate setting process <br /> Summary of Findings - advantages and disadvantages of <br />current policies <br /> Statement of support or recommendation for changes to <br />the current policies <br /> <br /> <br />Members: Pete Wohlgemuth, Chair <br />Gil Oceguera <br />Gary Montgomery <br />Nancy Melendez <br /> <br />
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