Form revised: December 14, 2010

FISCAL NOTE FOR NON-CAPITAL PROJECTS

Department:	Contact Person/Phone:	CBO Analyst/Phone:
Seattle City Light	Paula Laschober  684-3168	Calvin Chow  684-4652

Legislation Title: A RESOLUTION adopting a policy framework for City Light rate setting objectives, rate design policies, and marginal cost allocation among customer classes.

Summary of the Legislation:   Long-term rate setting objectives and electric rate policies for the City Light Department that supersede, reaffirm, or refine the policies established by previous Resolutions 30685 and 30933.

Background: Council Resolutions 30685 of 2004 and 30933 of 2006 provided a general rate setting and cost allocation policy framework but were repealed by Resolution 31187 of 2010, and the City Council intends to adopt a similar policy framework for the Review Panel for its assessment of City Light’s rate design and marginal cost allocation.

Please check one of the following:

_ X___ This legislation does not have any financial implications.

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