[Code of Federal Regulations]
[Title 24, Volume 4]
[Revised as of April 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR990.180]

[Page 712-713]
 
                 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 713]]

    (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.