Loading...
HomeMy WebLinkAboutStaff Report 12.21.2021KITTITAS COUNTY TREASURER’S OFFICE AGENDA STAFF REPORT AGENDA DATE: December 21, 2021 ACTION REQUIRED: Request direction from the Board of County Commissioners on distribution of PUD Privilege funds received. ______________________________________________________________________________ BACKGROUND: According to RCW 54.28.090, the county legislative authority shall direct the county treasurer to distribute PUD Privilege funds received to each taxing district in the county other than school districts in a manner they deem most equitable, except not less than an amount equal to three fourths of one percent of the gross revenue obtained by a district from the sale of electrical energy within any unincorporated city or town shall be remitted to such city or town. INTERACTION: The Treasurer has discussed the RCWs related to these funds with our counsel and with the Department of Revenue. RECOMMENDATION: Request direction from the Board of County Commissioners to distribute all PUD Privilege funds received according to computations received from the Kittitas County PUD. HANDLING: 1 Original - Clerk of the Board 1 Original - Treasurer’s Office ATTACHMENTS: Attached is information provided by the Kittitas County PUD on the cities' and towns' percentages, the Department of Revenue breakdown of PUD Privilege funds received, and a calculation of total distribution using the PUD calculations. LEAD STAFF: Lisa Murray, Treasurer’s Office