New Taxes and Fees are presented as having a

small impact on individuals - (continued)

For the cost of a cup of coffee

For the cost of a Two Liter a

Week For the cost of

just one meal out a month

Those new Taxes/Fees can quickly add up to make a serious problem for the people of this community.

$403.22 in New or Proposed Taxes/Fees since 2013

Since January 2013, increase of $434.04 including both current and proposed taxes

$18.84

$61.76

$22.00

$37.44

$117.84

$13.34

$109.00

$23.00

$-

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

$350.00

$400.00

$450.00

$ In

crea

se

Louisville Water Company MSD JCPS Tax State Gas Tax LG&E LG&E Franchise Fee LOST AHTF

Since January 2013, increase of $403.22 including both current and proposed taxes

$20.00

$61.76

$37.44

$13.34 $117.84

$109.00

$23.00 $22.00

Breakdown of $403.22 in Proposed & Actual Fee/Tax Increases for 2013-2014

Water Company ($20.00) MSD ($61.76)

Gasoline Taxes ($37.44) LG&E Franchise Fee ($13.34)

LG&E ($117.84) LOST ($109.00)

AHTF ($23.00) JCPS ($22.00)

$9.60 $19.80 $29.04 $38.28 $47.88 $27.12

$55.92

$86.52

$119.28

$148.28

$30.00

$31.20

$54.20

$65.20

$76.20

$84.00

$84.00

$84.00

$201.84

$201.84

$(10.92)

$30.42

$49.14

$67.86

$(50.00)

$-

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

$350.00

$400.00

$450.00

$500.00

$550.00

$600.00

2010 2011 2012 2013 2014

Year

ly $

incr

ease

Cumulative Increase in New Fees/Taxes over 5 Years

Louisville Water Company MSD JCPS Tax LG&E State Gas Tax

$542.05

$15,968

$3,992

$7,984

$3,493

$3,992

$1,497

$12,974

Median Disposable Income for Louisville Households Source: Bureau of Labor Statistics, Consumer Expenditure Survey

Housing (32%) Utilities (8%) Transportation (16%)

Health Care (7%) Food at Home (8%) Apparel (3%)

Disposable (26%)*Disposable Income Includes: Housekeeping Supplies, Education Costs, Entertainment, Alcohol and Tobacco Purchases, Food away from Home and Personal Care Services and Products and taxes not associated with Property..

2014

Utility/Tax Amount of Increase Average monthly cost per family

Annual Cost Increase Additional Info

Louisville Water Compnay 3.79% $0.80 $9.60

MSD 5.50% $2.42 $29.00 State gas Tax 2.4 cents per gallon $1.56 $18.72 Gone up $.16 over the last 10 years

Jefferson County School Tax 1.40% $0.92 $11.00 Raised 6 years straight , and up 20% over last 10 years

LG&E Franchise Fee (Proposed) 2% $1.67 $13.34 Mayor's Proposed Franchise Fee on Gas Customers

Local Option Sales Tax (Proposed) 1% $9.08 $109.00

Affordable Housing Trust Fund (Proposed) 1% $1.91 $23.00 1% increase on Homeowners and automobile insurance premiums

2013

Utility/Tax Amount of Increase Average monthly cost per family

Annual Cost Increase Additioanl Info

Louisville Water Company 3.75% $0.77 $9.24 MSD 6.50% $2.73 $32.76 State Gas Tax 2.1 cents per gallon $1.56 $18.72 Jefferson County School Tax 1.40% $0.92 $11.00 per $100,000 of assessed value LG&E 5% $9.82 $117.84

2012

Utility/Tax Amount of Increase Average monthly cost per family

Annual Cost Increase Additioanl Info

Louisville Water Company 3.75% $0.77 $9.24 MSD 6.50% $2.55 $30.60 State Gas Tax 5.3 cents per gallon $3.45 $41.34 Jefferson County School Tax 3.40% $1.92 $23.00 per $100,000 of assessed value LG&E 0% $0.00 $0.00

2011

Utility/Tax Amount of Increase Average monthly cost per family Annual Cost Increase Additioanl Info Louisville Water Company 3.75% $0.85 $10.20

MSD 6.50% $2.40 $28.80

State Gas Tax went down 1.4 cents per gallon ($0.91) ($10.92)

Jefferson County School Tax $0.10 $0.10 $1.20 per $100,000 of assessed value

LG&E 0 $0.00 $0.00

2010 Utility/Tax Amount of Increase Average monthly cost per family Annual Cost Increase Additioanl Info

Louisville Water Company 3.75% $0.80 $10 .00 MSD 6.50% $2.26 $27.12 State Gas Tax 0 $0.00 $0.00

Jefferson County School Tax 4% $2.50 $30.00 per $100,000 of assessed value

LG&E 6.50% $7.00 $84.00

References

LG&E- (2010) Kentucky Public Service Commission Press Release. PSC Grants Revenue

Adjustments to LG&E and KU, Orders review of utility’s billing practices.

LG&E- (2012) Kentucky Public Service Commission Press Release. PSC Accepts Settlement in

LG&E and KU Rate Cases-Rate Increases will be smaller than requested.

MSD- Lord, Joseph (2014) Louisville Metropolitan Sewer District’s Rate Increases Since 2005.

WFPL.org.

Louisville Water Company- Katayama, Devin (2012) Louisville Water Company Approves

Third Straight 3.75 Percent Rate Increase. WFPL.org.

Louisville Water Company- Weigel, Jennifer (2014). Rates increasing for Louisville Water

Company customers. WLKY.com

JCPS (Jefferson County School System, Financial Services Department)

State Gasoline Tax- Tax Foundation.org. State Gasoline Tax Rates, 2009-2013.

Local Option Sales Tax- Kelly, Janet M. (2013). Local Option Sales Tax: A Louisville

Perspective. Urban Studies Institute, University of Louisville.

Affordable Housing Trust Fund- Bailey, Phillip (2013) Councilman Rick Blackwell Pulls

Support for Insurance Premium Tax Hike. WFPL.org.

LG&E Franchise Fee- Bailey, Phillip (2014). Louisville Mayor Greg Fischer Proposes LG&E

Fee to Fund 'Significant' Public Safety Increase. WFPL.org