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Item 7BOrdinance No . 896 July 18, 2006 Ordinance No. 896 Atmos filed its third surcharge request under the GRIP statue; Residential customers surcharge would increase from $0.51 to $1.09 Commercial customers surcharge would increase from $1.75 to $3.68 Industrial customers surcharge would increase from $78.47 to $151.96 Ordinance No. 896 Ordinance No. 896 denies the 2005 surcharge request; The following problems were identified in the filing: Does not represent Atmos Energy’s cost Rate base includes unexplained increases Creates the potential for double-counting and double-recovery Ordinance No. 896 On May 31, 2006 Atmos filed a Statement of Intent to increase its rates using December 31, 2005 as the test year; 2005 capital investment made by Atmos is the subject of two proceedings-this GRIP filing and the Statement of Intent; This ordinance requires any cost incurred by the City in reviewing Atmos GRIP request shall be promptly reimbursed by the Atmos; QUESTIONS?