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Item No. 21 <br />TO: City Council <br />Grayson Path, City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: ONCOR REVENUE INCREASE <br />DATE: May 24, 2021 <br />BACKGROUND: On April 8, 2021, Oncor Electric Delivery Company LLC filed an Application <br />for Approval to Amend its Distribution Cost Recovery Factor in Public Utility Commission of <br />Texas Docket No. 49427. In the filing, Oncor is seeking an increase in distribution revenues of <br />$97,826,277 system wide. <br />STATUS OF ISSUE: The Oncor Cities Steering Committee, of which Paris is a member, has <br />engaged the services of a consultant to review the Oncor filing and identify adjustments that should <br />be made to reduce Oncor's request for increased revenues. In order for the consultant to have time <br />for the review, the City of Paris needs to deny Oncor's request for increased revenues. The staff <br />will bring this matter back to the Council after the review has been completed. <br />BUDGET: There will be no expense to the City because of this review process. <br />RECOMMENDATION: Motion to approve a resolution denying Oncor's requested revenue <br />increase. <br />