Thank you, Mr. Chairman. The base that the Housing Corporation would have worked on when they made their first adjustment to their utility budgets, the $967,000 that was in the main estimates for fuel price increases, would have been just shy of $7 million. With the increase they got in the main estimates, their utility base was $7.9 million. With this $1.3 million increase now, that raises their requirements up to $9,200,000. Our understanding is that what is incorporated in the main estimates are the rates that were implemented in September and January, so it should have been the POL rate increases. Most of the $1.3 million, one million dollars of that is electrical requirements that has to do with the interim rate approval that was approved in April. The other $300,000 is related to fuel, is related to updated consumption numbers by the local housing authorities. That helps. That is the basis and we can certainly try to get more of the specific numbers out of the Housing Corporation, if that would help.
Mr. Voytilla on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on November 6th, 2001. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
November 6th, 2001
Page 697
Voytilla
See context to find out what was said next.