Item 5I AudioIntegrity
Innovation
Accountability
Commitment to Resolution No. 06-040
Excellence
June 20, 2006
Background
Integrity
• March 21, 2006 City Council
Innovation approved Resolution No. 06-015
Accountability to authorize city staff to participate
Commitment to Excellence in the Gas Standing Steering
Teamwork Committee,
• The establishment of the
committee enables cities to
respond quickly to frequent gas
rate filings;
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Resolution No. 06-040
Integrity _ • On May 31, 2006, Atmos filed a'
Innovation system -wide rate increase;
Accountability
Commitment to
Excellence
Teamwork • The resolution formally denies the
rate increase;
Resolution No. 06-040
►ntegrity The filing would increase the
Innovation Company's revenues by $61
Accountability
Commitment to million annually, or 3.6 %;
Excellence
Teamwork —Average residential bill will increase
5.6% ($4.02 per month)
—Average commercial customers will
see their average bill increase by
5.25% ($17.16/per month)
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Resolution No. 06-040
Integrity Gas Utility Regulatory Act
Innovation §103.022 provides that costs
Accountability Commitment to incurred by the City in ratemaking
Excellence activities are to be reimbursed by
Teamwork
the regulatory utility;
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Integrity
Innovation
Accountability
Commitment to QUESTIONS?
Excellence