Laserfiche WebLink
st <br />Attached for your review is the May 1 material from Colette Jurek and the follow up material <br />th <br />from Colette dated June 14, 2013. This June 14 material includes customer counts by <br />classification and also provides information on how to locate on the Xcel website the list of <br />communities within the Xcel service territory where franchise fees are currently being collected. <br /> <br />Discussion <br />According to Colette, Xcel prefers that communities identify a percentage that it wants to collect <br />or a dollar amount that is needed from franchise fees, and then this percentage or amount is <br />converted into a flat fee monthly rate. A flat fee rate is preferred to a percentage fee in order to <br />monthly fee a predictable amount for the customers. Each customer in a classification would pay <br />the same amount regardless of usage or property value. According to the Xcel list of <br />communities were franchise fees are collected, this flat fee approach is by far the most common <br />approach used. <br /> <br />st <br />Based on the figures included in the May 1 material and conversations with Colette on <br />appropriate guidelines for franchise fee revenues, combined with the feedback from the Council <br />th <br />during the June 17 work session, the Director of Finance and Administrative Services <br />developed the following chart: <br /> <br />% of <br />EstimRevenue <br /># of1.00%Franchise2.75%FranchiseGenerated <br />AcctsRateRevenueRatesRevenueby Class <br />Electric <br />Residential3051$ 1.00$ 36,612 $ 2.75$ 100,683 22.79% <br />Commercial/Industrial, smallnon-demand190$ 1.25 2,850$ 3.44 7,8381.77% <br />Commercial/Industrial, smalldemand173$ 15.25 31,659$ 41.94 87,06219.71% <br />Commercial/Industrial, Large60$ 123.75 89,100$ 340.31 245,02555.47% <br />Street lighting17$ 1.25 255$ 3.44 701 0.16% <br />Municipal pumpingnon-demand2$ 4.00 96 $ 11.00 264 0.06% <br />Municipal pumpingdemand10$ 0.50 60 $ 1.38 165 0.04% <br /> Total3503$ 160,632$ 441,738 100.00% <br />Gas <br />Residential2720$ 1.00$ 32,640 $ 2.75$ 89,76055.64% <br />Commercialfirm non-demand285$ 5.00 17,100$ 13.75 47,02529.15% <br />Commercialfirm demand1$ 18.00 216$ 49.50 594 0.37% <br />Smallinterruptible6$ 61.00 4,392$ 167.75 12,0787.49% <br />Medium & largeinterruptible3$ 120.00 4,320$ 330.00 11,8807.36% <br />Transportationfirm0$ 120.00 -$ 330.00 -0.00% <br />Transportationinterruptible0$ 120.00 -$ 330.00 -0.00% <br /> Total3015$ 58,668 $ 161,337 100.00% <br />Estimated Franchise Revenue$ 219,300$ 603,075 <br /> <br /> <br /> <br /> <br /> <br /> <br />25 <br />Page of <br /> <br />