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BALANCING ACCOUNT I RATE SETTING CALCULATIONMETHOD OF CALCULATIONREFERENCE SECTION 6.03.A.3.aATTACHMENT N-1Page 2N = The year for which rates are being setN-1 = The current yearN-2 = The most recently completed year for which actual results are availableCalculation Method:Step 1 Determine the actual revenue differential for year N-2A. Enter the beginning amount of the Balancing AccountB. Calculate the interest earned at the Pooled Investment Account Rate for (A)C. Enter the actual Wholesale revenues billedD. Enter the Wholesale Revenue RequirementE. Enter settlement credits or adjustments, if anyF. Enter carry-over 1984 Agreement credits owed the City, if anyG. Calculate the ending amount of the Balancing AccountStep 2Step 3Determine the projected revenue differential for year N-1A. Enter the beginning amount of the Balancing Account; this is the same amount as G in Step 1B. Calculate the interest earned at the Pooled Investment Account Rate for (A)C. Enter the actual Wholesale revenues billedD. Enter the Wholesale Revenue RequirementE. Enter settlement credits or adjustments, if anyF. Enter carry-over 1984 Agreement credits owed the City, if anyG. Calculate the ending amòunt of the Balancing AccountDetermine the projected revenue differential for year NA. Enter the beginning amount of the Balancing Account; this is the same amount as G in Step 2B. Calculate the interest earned at the Pooled Investment Account Rate for (A)C. Enter the actual Wholesale revenues billedD. Enter the Wholesale Revenue RequirementE. Enter settlement credits or adjustments, if anyF. Enter carry-over 1984 Agreement credits owed the City, if anyG. Calculate the ending amount of the Balancing AccountH. Enter the net change in the Wholesale Revenue Coverage, if applicablei. Calculate the total revenue deficiency or surplus (G) + (H)J. Enter the projected water sales to Wholesale Customers in CcfK. Calculate the required increase in the commodity portion of the rate by dividing (I) by (J)L. Calculate the required increase in revenues by dividing (I) by (C)