Loading...
ERMUSR Misc 09-20-2006~i Elk River Municipal Utilities 13069 Orono Parkway Elk River, MN 55330 September 8, 2006 To: Elk River Municipal Utilities Commission Jerry Takle Jim Tralle John Dietz From: Bryan Ada>ns Subject: Miscellaneous Issues phone: 763.441.2020 Fax: 763.441.8099 Enclosed is the packet for the Tuesday, September 20, 2006, commission meeting at 4:00 pm. Good progress is being made on our large projects. Much of staff time is being spent on the budget process. This process allows us the opportunity to re-examine our goals and values as we balance the needs and financial constraints of our organization. APPA recently completed a study on payments and contributions by Public Power Distribution Systems to state and local governments. Attached is the executive summary for your review. If you desire the entire report, please let me know. In 2005 Elk River Municipal Utilities contributed $388,927 in cash and $331,644 in donated services to the City. Based upon Elk River electric revenues of $12,964,236, Elk River Municipal Utilities donated $720,571 or 5.56% to the city. This is in line with APPA's study results of a median contribution of 5.3%. Payments and Contributions by Public Power Distribution Systems to State and Local Governments, 2004 Data Published June 2006 w •-~ ~~~~~ American Public Power Association 2301 M Street NW Washington, D.C. 20037-1484 202/467-2900 Payments and Contributions by Public Power Distribution Systems To State and Local Governments, 2004 Data Executive Summary Public power systems provide a direct benefit to their communities in the form of payments and contributions to state and local government. The total value of the contributions made by the publicly owned utilities often comes in many forms and is not always easily recognized. In addition to payments such as property-like taxes, payments in lieu of taxes, and transfers to the general funds, many of the utilities make other contributions in the form of free or reduced cost services provided to states and cities. APPA calculated net payments and contributions for 343 public power systems in the most current data year of 2004 and determined that the median amount contributed was 5.3 percent of electric operating revenues. . In 2004, investor-owned utilities paid a median of 4.6 percent of electric operating revenues in taxes and fees to state and local governments. It is a common misconception that investor-owned utilities provide a benefit to the local communities by paying taxes that the publicly owned utilities do not. This report demonstrates just the opposite. When all taxes, tax equivalents and other contributions to state and local government are considered, the median amount contributed by public power systems in 2004, as a percent of electric operating revenues, was 15% higher than investor- owned utilities (5.3% vs. 4.6%).