[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR990.180]



[Page 714-715]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 990_THE PUBLIC HOUSING OPERATING FUND PROGRAM--Table of Contents

 

                 Subpart C_Calculating Formula Expenses

 

Sec.  990.180  Utilities expense level: Computation of the rolling base 

consumption level.



    (a) General. (1) The rolling base consumption level (RBCL) shall be 

equal to the average of yearly consumption levels for the 36-month 

period ending on the June 30th that is 18 months prior to the first day 

of the applicable funding period.



[[Page 715]]



    (2) The yearly consumption level is the actual amount of each 

utility consumed during a 12-month period ending June 30th. For example, 

for the funding period January 1, 2006, through December 31, 2006, the 

RBCL will be the average of the following yearly consumption levels:

    (i) Year 1 = July 1, 2001, through June 30, 2002.

    (ii) Year 2 = July 1, 2002, through June 30, 2003.

    (iii) Year 3 = July 1, 2003, through June 30, 2004.



    Note to paragraph (a)(2): In this example, the current year's 

consumption level will be July 1, 2004, through June 30, 2005.



    (b) Distortions to rolling base consumption level. The PHA shall 

have its RBCL determined so as not to distort the rolling base period in 

accordance with a method prescribed by HUD if:

    (1) A project has not been in operation during at least 12 months of 

the rolling base period;

    (2) A project enters or exits management after the rolling base 

period and prior to the end of the applicable funding period; or

    (3) A project has experienced a conversion from one energy source to 

another, switched from PHA-supplied to resident-purchased utilities 

during or after the rolling base period, or for any other reason that 

would cause the RBCL not to be comparable to the current year's 

consumption level.

    (c) Financial incentives. The three-year rolling base for all 

relevant utilities will be adjusted to reflect any financial incentives 

to the PHA to reduce consumption as described in Sec.  990.185.