Tag Archives: rate

Videos: Tax Assessor and Land Bank appointments, Assessment rate, VAWA, alcohol @ LCC Regular 2024-01-28

Update 2025-02-11: Lowndes County Considers Opting Out of House Bill 581 @ LCC Public Hearing 2025-02-10.

Commissioner Joyce Evans will rotate back into the Vice Chair position. On January 28, 2025, the Lowndes County Commission also reappointed to the Valdosta-Lowndes County Land Bank Authority.

[Collage @ LCC 28 January 2025]
Collage @ LCC 28 January 2025

In a break with tradition, the incumbent was not reappointed as a Tax Assessor. Gretchen Quarterman, the incumbent (although technically not, since the County Commission did not do reappointments before her term expired at the end of 2024) got a nomination and two votes. James Michael (Mike) Tanner also got a nommination and two votes. Commissioner Scottie Orenstein was not present for that item, since he came in late. That left Chairman Bill Slaughter to break the tie, and he voted for Tanner.

The previous morning, Commissioner Demarcus Marshall said he wanted to ask questions of the applicants for 6.a. Appointment to the Board of Tax Assessors. Chairman Bill Slaughter said they weren’t doing that in the Work Session because both applications were not there, but they can do it in the Regular Session Tuesday.

Mike Tanner did not attend the Regular Session. Gretchen Quarterman was there as usual, videoing the meeting.

The voted on the added agenda item, 8.d. Publish the intent to opt out of HB 581, to do that. That item and all the others were approved unanimously, except as noted above.

Below are links to each LAKE video of each agenda item, with a few comments by Gretchen Quarterman, followed by a LAKE video playlist.

See also Continue reading →

HB 267 Financing costs; construction of nuclear generating plant

As promised, a bipartisan bill was filed Thursday to stop Georgia Power from charging for nuclear cost overruns on Plant Vogtle; this could free up some financing for Georgia to move ahead on solar and wind power.

2013-2014 Regular Session – HB 267 Financing costs; construction of nuclear generating plant; change calculation that utility can recover from customers,

A BILL to be entitled an Act to amend Code Section 46-2-25 of the Official Code of Georgia Annotated, relating to the procedure for changing any rate, charge, classification, or service and the recovery of financing costs, so as to change the calculation used under certain circumstances to determine the costs of financing associated with the construction of a nuclear generating plant that a utility may recover from its customers; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.

The bill would add this text to Georgia Code:

…provided, however, that in the event the amounts recorded in the utility’s construction work in progress accounts plus the amount of all financing costs accrued on any construction work in progress accounts exceeds the costs approved by the commission in the original certificate of the nuclear generating plant granted under Code Section 46-3A-5, the cost of equity portion of the financing costs shall be calculated using a rate no higher than the utility’s actual cost of debt.

Let’s see what Georgia Power does to fight this one. So far, it’s Continue reading →