File #: 2002-0213    Version:
Type: Ordinance Status: Passed
File created: 5/13/2002 In control: Budget and Fiscal Management Committee
On agenda: 6/24/2002 Final action: 6/24/2002
Enactment date: 7/3/2002 Enactment #: 14395
Title: AN ORDINANCE determining the monetary requirements for the disposal of sewage for the fiscal year beginning January 1, 2003, and ending December 31, 2003, setting the sewer rate for the fiscal year beginning January 1, 2003, and ending December 31, 2003, and approving the amount of the sewage treatment capacity charge for 2003; and amending Ordinance 12353, Section 2, as amended, and K.C.C. 4.90.010, Ordinance 11398, Section 1, as amended, and K.C.C. 28.84.055.
Sponsors: Larry Phillips
Indexes: Sewage
Code sections: 28.84.055 - , 4.90.010 -
Attachments: 1. Ordinance 14395.pdf, 2. 2002-0213 Fiscal Note.xls, 3. 2002-0213 Hearing notice.doc, 4. 2002-0213 sewerrate June 5.doc, 5. 2002-0213 Staff Report 5/22/02.doc, 6. 2002-0213 Transmittal Letter.doc, 7. A. Wastewater Treatment Enterprise 2003 Rate Forecast, 8. Sewerrate revised sr June 5.doc
Drafter
Clerk 06/05/2002
title
AN ORDINANCE determining the monetary requirements for the disposal of sewage for the fiscal year beginning January 1, 2003, and ending December 31, 2003, setting the sewer rate for the fiscal year beginning January 1, 2003, and ending December 31, 2003, and approving the amount of the sewage treatment capacity charge for 2003; and amending Ordinance 12353, Section 2, as amended, and K.C.C. 4.90.010, Ordinance 11398, Section 1, as amended, and K.C.C. 28.84.055.
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BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Ordinance 12353, Section 2, as amended, and K.C.C. 4.90.010 are each hereby amended to read as follows:
Sewer rate. ((A.)) Having determined the monetary requirements for the disposal of sewage, the council hereby adopts a ((2002)) 2003 sewer rate of twenty-three dollars and forty cents per residential customer equivalent per month. Once a sewer rate ordinance becomes effective, the clerk of the council is directed to deliver a copy of the ordinance to each agency having an agreement for sewage disposal with King County.
((B. The King County council approves the application of Statement of Financial Accounting Standards No. 71 (FAS 71) to allow deferral to 2002 of unanticipated energy costs and associated expenses incurred in 2001 by the wastewater utility. The council shall adopt sufficient future sewer rates necessary to recover these unanticipated costs over a period not to exceed one year beginning in 2002. The estimated costs deferred and the amount of the sewer rate required to recover the costs deferred to 2002 is reported in the financial plan attached to this ordinance.
C. As required for FAS 71 application, eighty-one cents of the 2002 sewer rate is specified for deferred operating expenses from calendar year 2001.))
SECTION 2. Monetary requirements for the disposal of sewage for the fiscal year beginning January 1, 2003, and ending December 31, 2003. The council hereby d...

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