RUCO Budget
RUCO's ANNUAL BUDGET
RUCO receives no money from
the State's general fund. Rather, RUCO receives 100% of its
operating budget from assessments of large utility companies that
may, in turn, pass those charges on to their residential customers.
In this way, those who benefit from RUCO's work fund its work. The
utility ratepayers who pay these small assessments should consider
their money well spent. The following reflects FY 2007 activity for
the appropriation year 2007, excluding the professional witness
budget and the approved amount for same in FY 2008.
|
EXPENDITURE CATEGORIES |
ACTUAL
2007 |
APPROVED 2008 |
|
PERSONAL SERVICES |
$ 722,100 |
$ 745,600 |
|
EMPLOYEE EXPENSES |
$ 219,000 |
$ 241,800 |
|
ALL
OTHER |
$
334,300 |
$ 325,700 |
|
TOTAL |
$1,275,400 |
$1,313,100 |
RUCO’S FUNDING MECHANISM
Pursuant to Arizona Revised
Statute (A.R.S.) § 40-401.01, funding of RUCO is accomplished
through an assessment made annually by the Commission. Each utility
with annual residential revenues in excess of $250,000, except those
not required to hold Certificates of Convenience and Necessity, is
assessed.
The disposition of assessment
proceeds is governed by A.R.S. § 40-409. All monies received by the
Commission under provisions of A.R.S. § 40-401.01 are paid to the
State Treasurer and placed in the RUCO Revolving Fund. Monies in
the fund are used, subject to legislative appropriation, to operate
RUCO pursuant to A.R.S. § 40-461. Appropriated funds not spent by
the end of the fiscal year do not revert to the general fund. They
revert to the RUCO Revolving Fund and are used to calculate the
ratepayer assessment for the next fiscal year.
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