HomeMy WebLinkAbout07.a. General Manager Written AnnouncementsBoard Meeting of February 6, 2014 70--
Written Announcements:
STAFF UPDATE
1) Personnel Advancement
Nicolas Chavis advanced to Plant Operator II in the Plant Operations Division effective
January 17, 2014.
FINANCE
2) IRS Announces Bond Subsidy Update
On September 30, 2013, the Internal Revenue Service (IRS) announced that refundable
credit payments processed on or after October 1, 2013 and on or before September 30,
2014 will be reduced by a sequestration rate of 7.2% for issuers of Build America Bonds.
The previous sequestration rate was 8.7 %. This will impact the District by reducing the
rebate it receives from the IRS for the Build America Bonds it issued in 2009.
SOURCE CONTROL
3) No Businesses in Significant Non - Compliance for 2013
Federal pretreatment regulations require the District to report businesses permitted under
the Source Control Program if they are issued a Notice of Violation during the calendar
year. The regulations also establish criteria for agencies such as the District to use to
determine if the violations of a permitted business are classified as Significant Non -
Compliance (SNC). If a business is determined to be in SNC, the District is required to
publish certain information about the violation in the newspaper at least annually.
In 2005, Source Control staff initiated a program, at the Board's request, to work more
closely with the regulated businesses to understand the actions they could take to
minimize the events when they would meet the SNC criteria. This program has been
successful and the number of businesses reported in SNC has significantly reduced. This
year the program assisted several Significant Industrial Users (SIUs) to return to
compliance from potential SNC violations.
Fortunately, no businesses were determined to meet the SNC criteria during calendar
year 2013 so there is no need to publish any businesses this year. This compliance
performance by the District's has only occurred once before, in 2011.