Orange County NC Website
15 <br />January 27, 2011 draft <br />ATTACHMENT A -DUES FORMULA <br />A Member's dues, which shall be that Member's share of the total dues assessment for all Members <br />which is included in the annual budget ("Total Annual Dues"), shall be determined as follows: <br />1. Base participation rate: Ten percent of the Total Annual Dues shall be allocated equally among <br />all Members. For example, if there are ten Members and the Total Annual Dues are <br />$100,000.00, the base participation total will be $10,000.00 and each Member will pay $1,000.00 <br />as its share. <br />2. Member's Falls Lake Watershed water demands. Fifty percent of the Total Annual Dues shall be <br />allocated among those Members having water demand from the Falls Lake Watershed based <br />upon each such Member's share of the total annual (365-day) daily average raw water demand <br />for the preceding calendar year in millions of gallons per day from the Falls Lake Watershed. <br />For example, if the Total Annual Dues are. $100,000.00 and the total water demand from the <br />Falls Lake Watershed is 100,000,000 gallons per day and Member A used 60,000,000 gallons <br />per day for the last year for which such records are available from the North Carolina <br />Department of Environment and Natural Resources (the "Relevant Period"), Member B used <br />34,000,000 gallons per day during the Relevant Period; Member C used 4,000000 gallons per <br />day during the Relevant Period; and Member D used 2;000,000 gallons per day during the <br />Relevant Period, then each Member's share of the Total Annual Dues based upon water demand <br />would be as follows: Member A: $30,000.00; Member B: $17,000.00; Member C: $2,000.00; <br />and Member D: $1, 000.00. <br />3. Member's Pr~ortion of Land Area in Falls Lake Watershed. Forty percent of the Total Annual <br />Dues shall be allocated among those Members with land area in the Falls Lake Watershed within <br />their corporate limits (for a municipality) or county limits (for a county). Each jurisdiction's <br />contribution shall be based upon a fraction having as its numerator that jurisdiction's total <br />acreage within the Falls Lake Watershed. and as its denominator the total acreage in the Falls <br />Lake Watershed. For example, if the Total Annual Dues are $100,000.00 and Member A has <br />72,000 acres in the Falls Lake Watershed and there are a total of 494,000 acres in the Falls Lake <br />Watershed, then that Member's share of the Total Annual Dues based upon proportion of land <br />area in the Falls Lake Watershed would be as follows: $5,829.96 [(72,000/494,000) * (.40 * <br />$100,000.00) _ $5,829.96]. <br />The examples above are given for the purpose of illustration only and are not intended to be indicative <br />of the Total Annual Dues that may be required or of any individual Member's level of contribution. <br />Members' contributions will be rounded to the nearest whole dollar. <br />{A0076878. DOC}{A0076878. DOC}{12 <br />