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¦ Forecasting and Revenue Monitoring <br /> ~ Working with Dick Varner/Terry Eberlein to understand and refine the revenue <br /> projection model which they provide and we use to forecast GILT revenues for the Six- <br /> Year General Fund Forecast. <br /> ~ Working with EWEB staff to improve both our understanding of the GILT calculations <br /> and the reporting format of the monthly remittance advices, in order to facilitate our <br /> monitoring and auditing of this major revenue source. <br /> ¦ Important Outstanding Questions to be Resolved with EWEB <br /> ? What is the underlying principle for GILT payments - in lieu of property tax? ROI? <br /> ? How do we go about developing a strategy for preserving GILT revenue stream <br /> despite the potential entry of other suppliers in the Eugene electric market? <br /> ? Why does EWEB pay GILT on electric and steam sales but not GILT on water sales? <br /> What is the history and background (if any) of past discussions around this inconsistency? <br /> ¦ Key Documents <br /> ~ Section 44(4) of City Charter <br /> ~ ORS 225.270, "Surplus Earnings Payments" <br /> ~ Resolution 4549 and MOU 97-03473 ("Wholesale MOU") <br /> Resolution 4599, July 1999 (Steam GILT rate reduction) <br /> ~ March, 1989 agreement between LEG, City, and EWEB <br /> <br /> ¦ Key Contacts <br /> ~ Libby Henry, lobbyist (deregulation legislation) <br /> Terry Eberlein (CIL,T activity and calculations) <br /> Dick Varner (revenue/GILT projections) <br /> Page -7- <br /> <br />