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WEBINAR: Financial Impacts of PG&E’s Delay in New Time of Use Rate Structure

A recent decision by the California Public Utilities Commission (CPUC) approved the delay in the New Time-of-Use rate structure for Pacific Gas & Electric (PG&E) until March 2021. These new rates are based off changes to what are considered “peak” hours and were originally due to take effect November 1, 2020.

Due to the different implementation deadlines, PG&E are enabling customers the ability to “opt-in and opt-out” on either the old rate structure or under the new rate structure, from now until March 2021, on a meter by meter basis (one time).  This accommodation will provide government agencies with an opportunity (over the next 12 months) to strategically select rates for period of time on a meter by meter basis that could result in significant savings.

Avenu Insights & Analytics partnered with Procure America (PA) to assist our California communities with better understanding the financial ramifications of the recent announcements related to the upcoming changes. In a recent webinar, we outlined the steps you should be taking NOW to ensure your City, County, or Agency receives the greatest utility savings under the new plan.

We discussed:

  • Overview or Old vs. New Time-of-Use Rate Structure
  • Financial Implications of the delay in PG&E’s “New” Time-of-Use structure
  • PG&E online and customer service rate analysis
  • Approach to determine and deploy the most efficient rate structures
  • Timetable for “opting-in and opting-out” of the rate structures
  • Estimated savings based on your jurisdiction

Take a moment to view the presentation, and watch the webinar.

New Utility Rate Changes Could Mean Significant Savings for California Jurisdictions

A recent decision by the California Public Utilities Commission (CPUC) approved the delay in the New Time-of-Use rate structure for Pacific Gas & Electric (PG&E) until March 2021. These new rates are based off changes to what are considered “peak” hours and were originally due to take effect November 1, 2020.

Due to the different implementation deadlines, PG&E are enabling customers the ability to “opt-in and opt-out” on either the old rate structure or under the new rate structure, from now until March 2021, on a meter by meter basis (one time).  This accommodation will provide government agencies with an opportunity (over the next 12 months) to strategically select rates for period of time on a meter by meter basis that could result in significant savings.

Avenu Insights & Analytics has partnered with Procure America (PA) to assist our California communities with better understanding the financial ramifications of the recent announcements related to the upcoming changes. In an upcoming webinar on April 23rd at 10am PST we will outline the steps you should be taking NOW to ensure your City, County, or Agency receives the greatest utility savings under the new plan.

We will be discussing:

  • Overview or Old vs. New Time-of-Use Rate Structure
  • Financial Implications of the delay in PG&E’s “New” Time-of-Use structure
  • PG&E online and customer service rate analysis
  • Approach to determine and deploy the most efficient rate structures
  • Timetable for “opting-in and opting-out” of the rate structures
  • Estimated savings based on your jurisdiction

Join our short 30 min presentation on April 23rd at 10am PST to learn more on this proposed rule change and the expense ramifications.

WEBINAR SERIES: New Clearview Property Tax Suite

Avenu recently revealed its release of Clearview Property Tax Suite tailored for State and Local Government Treasurers, Tax Collectors, Auditors and Assessors. The new product suite contains three stand-alone modules that work together or independently with any third-party system.

Avenu recently hosted a series of LIVE Web Series that highlight key features, demonstrate product functionality, and provide live walk-through of example scenarios. We hope the presentations below are helpful as we continue to innovate for the future!

 

  1. Clearview Valuation Analytics: Thursday, April 16 at 1:00pm cst

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  1. Clearview Property Tax Manager: Thursday, April 23 at 1:00pm cst

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  1. Clearview Valuation Manager: Thursday, April 30 at 1:00pm cst

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WEBINAR: Maximize the Power of Clearview Analytics

Clearview Analytics is our cutting edge software that helps local jurisdictions know the challenge of managing revenue volatility and its impact on budgeting. During these changing economic times, we are supporting our clients to answer their questions, help them better understand the software, and make sure they are prepared for the challenges ahead. This webinar was offered to existing clients who utilize the software. If you are interested in learning more about the product, feel free to reach out to our team!

During the demo, you will learn how to understand and anticipate revenue changes for your jurisdiction. Specifically, the demo covers ways to see how your City is performing by viewing your:

  • Economic Overview
  • Top Taxpayers
  • City vs. State Performance
  • Budget Comparison
  • Month to Month Budget Change
  • Monthly City Audits
  • Non-Taxpayers

Irene Reynolds brings her years of experience in the company to helping our clients better prepare for the future.

 

Webinar: Sharing Economy: The Upside of Disrupting Local Governance

As the sharing economy explodes, jurisdictions are grappling with the implications. In this webinar, Avenu experts shared how jurisdictions can handle the regulatory disruption caused by the sharing economy.

You’ll learn about:

  • The impacts of revenue sourcing and lack of compliance
  • Key ways to prioritize involvement given limited resources
  • Opportunities for collaboration among cities to develop and advocate for more effective policy and regulatory responses
  • Strategies for addressing data gaps in order to support evidence-based decision making
  • A roadmap for monitoring and regulating

The next few years are critical for determining how to respond to this evolving industry and proactively develop a strategy that efficiently advances urban sustainability.

The webinar was presented by Jonathan Gerth – Vice President of Audit Services for Avenu.

CLICK HERE to view the presentation.

 

Sharing Economy: The Upside of Disrupting Local Governance

Originally published on ICMA.

The Sharing Economy is in full force and here to stay affecting jurisdictions worldwide. This exponentially growing market is rapidly creating a tidal wave of pioneering activities – bringing both positive and negative impacts – leaving little time for local governments to react and respond.

This has led to governmental pushback over concerns such as business competitiveness, unlicensed business operations, health, safety, minor and serious risks, and zoning violations. Nationally and internationally, local governments have used creative and diverse ways to increase community and social bonds, improve safety and security, address competitive inequalities, and deal with tax implications. Here’s what you need to know.

THE FORMAL DEFINITION. First, let’s review the current definition of “The Sharing Economy” (also referred to as the Collaboration Economy) which is defined by the Merriam-Webster dictionary as an “economic activity that involves individuals buying or selling usually temporary access to goods or services especially as arranged through an online company or organization.” In a nutshell, it’s about access to goods and services, versus ownership. People are ever-increasingly sharing personal assets, welcoming guests into spare rooms, eating food from people’s home kitchens, and paying for rides in the cars with drivers and people they don’t know. Businesses are hosting others in their office space, industries are sharing employees and transporting others’ goods along their supply chains, and municipalities are offering public land for shared food production.

HOW AND WHEN DID THIS EVEN START? Some credit VRBO, Craigslist, and Ebay, all founded in 1995. Many major players soon followed, including Zipcar (2000), Airbnb (2008), Uber (2009), WeWork (2010), and Lyft (2012). These platform-based businesses run on equal parts tech-innovation and contract labor, with cities serving as the underlying foundational markets for their success. Consumers have instant access to a wide array of choices which has catapulted the market. Both Forbes and PriceWaterhouseCoopers project the Sharing Economy will grow to $335B by 2025.

PROS AND CONS FOR CONSTITUENTS. As with most innovation, the Sharing Economy has its pros and cons. Plus sides include the provision of increased access and convenient choices for communities, reduced consumer costs, improvements in economic efficiency, increased income-producing opportunities, reductions in infrastructural deterioration and traffic congestion, reduced carbon emissions, and increased competition in local markets.  Negatives range from safety and security concerns, legal and tax compliance, fraud protection, and others that materialize as these industries grow. Wages are often minimal which is another concern along with the void of employee benefits such as insurance, retirement plans, trade unions, and the automatic handling of certain tax obligations. The people who most need employment benefits and legal protection can easily lose both.

TAX IMPLICATIONS FOR LOCAL GOVERNMENTS. For many local governments, sales, use, license, occupational, and other taxes are their largest sources of revenue, but can be avoided under Shared Economy activities. Other times the tax consequences of the activity under a Shared Economy may shift the business activity from one tax to another (e.g. sales tax to rental tax), which may be at a lessor rate or unavailable for levy at the local level. Even worse, these activities can go unreported altogether and undercut competitors decreasing overall tax revenues altogether. Lodgings taxes are often some of the highest of local tax levies, and now the largest hotelier in the world (Airbnb) does not own a single property and many hosts remain anonymous.

HOW LOCAL GOVERNMENTS ARE RESPONDING. Local governments are sometimes faced with an overwhelming number of Sharing Economy activities. Many are overwhelmed, with little time or opportunity to develop an effective response. Many cities have adopted piecemeal and reactive approaches to regulating Sharing Economy activities that either deprive communities of access to their benefits or overregulate and deter them, rather than more strategic alternatives that efficiently advance urban sustainability, regulatory compliance, and equal competition. The future of the Sharing Economy and local attempts to regulate and benefit from it will be very different from today’s existing, patchwork landscape. The innovative measures of local governments in the future can and will pose serious legal, and ethical questions, regulatory challenges, and political unrest for local communities. If there’s anything we can learn from past industry disruptions – it’s that local leaders have the political power and the economic incentives to be thoroughly involved in its future.

LEARN MORE about how local governments are responding by joining a free Webinar – Sharing Economy: The Upside of Disrupting Local Governance on October 17, 2019 at 1:00 EDT featuring leading subject matter expert Jonathan V. Gerth, Esq., Vice President of Tax & Audit Services with Avenu Insights & Analytics (an ICMA Strategic Partner).

Webinar: How to Search Records in Milliseconds vs Minutes

Avenu’s webinar showcases a cutting-edge new document search tool developed specifically for local government in partnership with Google Cloud and Sada Systems. Clearview Super Search enables governments to access documents with lightning speed across departments. The advanced search techniques allow constituents to quickly and conveniently search, purchase and download files, reducing support calls, while increasing revenue and productivity.

The webinar featured De Ana Thompson – Vice President, Blair Reuling – Sales Manager with Google Could Search, and Chad Johnson – Director of Google Cloud Search with SADA Systems. Our panel discussed challenges faced by Recorders/Clerks, a Clearview Super Search demo, and how we indexed over 13 million records for one customer in Oakland County – MI.

CLICK HERE to view the presentation.

Webinar: Shadow Revenue: Where It Is and How to Find It

Does your actual business license revenue match up with the estimated amount? Gaps occur when businesses don’t pay or underreport their taxes and fees, which is becoming more common as they operate on mobile and virtual platforms.

Antonio Banuelos joined us from Richmond, CA to share how our partnership helped them recover over $2.2 million in new revenue.

CLICK HERE to view the presentation.

Webinar: Digital Government Strategies that Lower the Cost of Revenue Management

As the demand for government services increases, maximizing revenue is even more critical. Avenu’s Tax & License Administration and software solutions can help your government get ahead of day-to-day operations while reducing long-term costs.Jeff Downes, the City Manager of Vestavia Hills, Alabama joins us to share how our partnership helped them recover $1.6 million.

Avenu processes more than $1 billion a year in taxes and fees for local governments. We look forward to partnering with your jurisdiction.

CLICK HERE to view the presentation.

Growth in Vegas Tax Revenue Mirrors National Trends

Hotel taxes are heading upward in Las Vegas partly due to the large turnout for this year’s Consumer Electronics Show. This aligns with the expected growth in hotel usage across the U.S. (Deloitte research projects $170 billion in gross bookings this year). That’s a lot of hotel tax to cities and counties—as long as it’s found and collected.

If your government is leaving some of that revenue unclaimed, join our March 29 webinar at 1 pm ET to learn four steps to making the most of your occupancy tax. We’ll cover ordinance evaluation, record review, technology needs, and a case study of El Paso, Texas. Register here.