The potential negative consequences for property owners due to any loss of state and local tax revenues, including consequences for property owners who have not been served by the Affected Utilities. The need to quantify the impact on state and local tax revenues. The wide disparity of the impact on state and local tax revenues by location. The members agreed to proceed with its work by responding to a series of questions to be prepared by the Arizona Corporation Commission's Utilities Division Director. Staff also encouraged the members to draft questions to submit to the other members to define and clarify issues and interpretations.
All members are to receive a copy of the responses.
The responses are to be used to more fully develop the issues. Staff is then to prepare an initial draft report to be circulated to all members for comment. No date was scheduled for the subcommittee's next meeting. The next meeting is to be scheduled after the other stranded cost subcommittees have made substantive progress or when Staff's draft report for this subcommittee is to be finalized.