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HomeMy WebLinkAboutF20042 Order No 29468.pdfOffice ofthe Secretary Service Date April 21, 2004 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE ASSESSMENT OF RAILROAD CORPORATIONS FOR THE SPECIAL REGULATORY FEES PAYABLE TO THE COMMISSION ORDER NO. 29468 CASE NO. F -2004- In March 2004, our Legislature passed and the Governor signed House Bill Nos. 736 and 805 appropriating $4 606 400 to the Idaho Public Utilities Commission for fiscal year 2005 (July 1 , 2004 to June 30, 2005). This appropriation represents $142 100 for railroad activities 393 900 for public utility activities, and a $70 400 expenditure for pipeline safety activities reimbursable by the federal government. This Order assesses the railroads their share of the total appropriation: $142 100, less the adjusted carry-over from FY 2003 of$13 965. Idaho Code 9 61-1008(3). The reported gross intrastate revenues from railroad operations in Idaho totaled $20 796 516 for calendar year 2003. This is an increase of approximately $5.54 million from last year s reported revenues. Accordingly, the proportionate share of each railroad's fee is to be assessed at .6161 percent 006161) of each railroad's gross intrastate operating revenues. In no case shall the assessed regulatory fee be less than $50. Idaho Code 9 61-1004(3). FINDINGS OF FACT In accordance with Idaho Code 99 61-1001 through 61-1008, the Commission is authorized to expend $142 100 in supervising and regulating the railroads subject to its jurisdiction. Thus, the proportionate assessment to be collected from railroad corporations this year is $128 135 ($142 100 minus $13 965). The total reported Idaho gross intrastate revenues for all railroads for the 2003 calendar year amounts to $20 796 516. The proportionate assessment for railroad corporations is .6161 percent (.006161) of Idaho gross operating revenue derived from intrastate railroad corporation business for the 2003 calendar year. In no case shall the assessment be less than $50. ORDER NO. 29468 ORDER IT IS THERFORE ORDERED, except as provided in the following paragraph, that each railroad corporation operating within the State of Idaho and subject to the jurisdiction of this Commission shall pay to the Idaho Public Utilities Commission for the 2005 fiscal year a special regulatory fee amounting to .6161 percent (.006161) of such railroad's gross operating revenues derived from its intrastate business in Idaho for the 2003 calendar year. IT IS FURTHER ORDERED that if the fee thus detennined shall be less than fifty dollars ($50), then such railroad corporation shall pay to the Commission the minimum of fifty dollars ($50) as prescribed by law. See Idaho Code 9 61-1004(3). IT IS FURTHER ORDERED that at least one-half of such regulatory fee shall be paid to the Commission on or before May 15 , 2004, and the remaining one-half shall be paid on or before November 15 , 2004. Railroad corporations may pay their entire annual regulatory fee no later than May 15 , 2004. IT IS FURTHER ORDERED that if the payment shall not be made on or before the due dates, the installment or portion thereof so due shall bear interest at the rate of six percent (6%) per annum until such time as the full amount of the installment shall have been paid and such delinquent payment shall be subject to an action in the name of the State for collection. THIS IS A FINAL ORDER. Any railroad objecting to the assessment prescribed in this Order may file an objection with the Commission pursuant to Idaho Code 9 61-1007 no later than May 15 , 2004. ORDER NO. 29468 DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this /3-f1'o day of April 2004. ~'H~4L ARSHA H. SMITH, COMMIS"SIONER ATTEST: ~/t'Commission Secretary bls/O:F2004-2 dh ORDER NO. 29468