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Title: CRS83579ENRpage36
Page from: info:fedora/mu:87654

Title: CRS83579ENRpage42
Page from: info:fedora/mu:87654

Title: CRS83579ENRpage51
Page from: info:fedora/mu:87654
Text: and an 8 percent construction inflation rate (base case assumptions), the 1996 liability for principle alone would be shout $1.2 c billion for Ohio Power, and $880 million for Union Electric.» Accrued isinterest during construction wonld add to this. %The related additionals ; revenue requirement would be abont“3Q6 mills per kwh for Ohio Power andes 4.3 mills per kwh for Unicn Electric in 1996 (nominal

Title: CRS83579ENRpage45
Page from: info:fedora/mu:87654
Text: analysis.’ Z/1’ ”< %i TABLE 3ft ccompliance Dates Sensitivityi ic » (S billi0ns)%a l i i A 1995 Balance with i i 1995 Balance with li i Soenarioi i % i 1 1990 Compliance ? -’ l992rCompliancec Base Sceoario p c i%i- l% % l -0.69 c i X i+1.61 c i Base Sceanrio: i 12% utility capital GCSCA T A % c i-3.21 4 i ,l it+ r+O.3l; Base Scenario: cost- i~ 14% utility capitali to % e L i -6.21 L c *1;18ii _Z/ r

Title: CRS83579ENRpage49
Page from: info:fedora/mu:87654
Text: %CRS“23 TABLE 4. 1995 Balances for Icdexed Fee -I "‘ ($ billions)o h i 1995 Balance~- t 1995 Balacce*' A Scenario e c4.8 percent inflationa i. 6 percent inflationt b Base Scenario h L f'V‘17t77 i . c e< i ihs16-13 Base Scenario; 12z u::1i:y e capital cost % Y s 16.00 c i To -* 14.76% Base Scenario; A141 utilityi : e s o capital cost e T i 13.97 s %%ha13.22 A Inc:easing_Fee to 1.5

Title: CRS83579ENRpage47
Page from: info:fedora/mu:87654
Text: the rise in construction cost or some general indicator of inflation. For texample, if the 1—mill fee is indexed to the 8 percent construction cost esca— 1ator used in the base scenario, the improved 1995 fund balances are quite significant. As shown in table 4, by 1995, the fund has between $14 and $18 billion in extra funds to disperse for stage two reductions; This assumesn actual construction costs

Title: CRS83579ENRpage46
Page from: info:fedora/mu:87654

Title: CRS83579ENRpage44
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Title: CRS83579ENRpage48
Page from: info:fedora/mu:87654

Title: CRS83579ENRpage50
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Title: CRS83579ENRpage62
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Title: CRS83579ENRpage61
Page from: info:fedora/mu:87654
Text: ‘CRS-29 APPENDIX B ]‘ The following simulations test the impact of varying the utilities cost of capital, assuming two different inflation rates.i Simulation 1 is the examplet described in the text. Simulations 2, 3, and 4 indicate the impact of Varying the tutilities' cost of capital from 8 percent to 12 percent, holding inflation at ii 6 percent. Simulations 5, 6, and 7 illustrate

Title: CRS83579ENRpage60
Page from: info:fedora/mu:87654

Title: CRS83579ENRpage64
Page from: info:fedora/mu:87654

Title: Sharing the cost of acid rain control: An analysis of federal financing under H.R. 3400
Date: 1983

Title: Summary of information about foreign trade by states available from federal and non-federal sources
Date: 1984
Summary: Many congressional offices find it occasionally useful to review the significance of foreign trade, especially exports, in the economies of their States or some region of special interest to them. This report is designed to provide an overview of what information is available, evaluate its usefulness, and explain how to obtain existing data.

Title: A survey of State mandatory retirement laws
Date: 1985

Title: CRS83579ENRpage136
Page from: info:fedora/mu:87654

Title: Tax-exempt bonds: A summary of changes made by the Tax Reform Act of 1986
Date: 1987
Summary: This report summarizes recent changes in the treatment of tax-exempt bonds issued by State and local governments. While many former rules have been retained in amended form, some new restrictions have been added.

Title: Summary of state severance taxes and other taxes on the unit or value of natural resources as of July 1, 1984
Date: 1984
Summary: The Census Bureau's report for fiscal year 1983 showed 32 States with a total of $7.4 billion from severance tax collections. Our compilation also includes seven States which use the same tax base, i.e., the unit or value of natural resources extracted, within a broad tax of general application. Eleven States do not levy a State severance tax or any other levy on the unit of value of natural resources extracted.

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