SEC. 2.25. INFORMATION TO BE FURNISHED BOARD BY PUBLIC UTILITIES COMMISSION – GENERALLY.

   Whenever in accordance with the provisions of the Charter, the Public Utilities Commission of the City and County shall submit to the Board of Supervisors a proposal to fix, change or adjust rates, charges or fares for the furnishing of service by any utility under its jurisdiction, the Public Utilities Commission shall submit in support thereof all of the data upon which the proposal is based and a report of the anticipated effect of the proposal upon the budget of the affected utility for the then current and ensuing fiscal year, together with all the data supporting such conclusions, and a statement of the anticipated tax subsidy, if any, for such years

(Ord. No. 7384 (1939), Sec 1)

SEC. 2.26. INFORMATION TO BE FURNISHED BOARD BY PUBLIC UTILITIES COMMISSION – REGULAR INTRODUCTION OF PROPOSAL.

   The proposal, upon transmission to the Board of Supervisors by the Public Utilities Commission as provided by the preceding section, shall be deemed to have been regularly introduced.

(Ord. No. 7384 (1939), Sec. 2)

SEC. 2.27. FIXING DATES FOR CONSIDERATION.

   Upon submission to the Board of Supervisors of the proposal, as provided by the two preceding sections, the President of the Board of Supervisors shall refer the proposal to committee. That committee shall hold a public hearing and report back to the Board of Supervisors. That committee shall give priority to such proposal over all other matters pending before the committee. In the event that the committee fails to act within 15 days of referral, the proposal will be referred back to the Board of Supervisors for consideration. At the time such proposal is referred to committee the President of the Board of Supervisors shall set the dates for consideration and approval or rejection of the proposal, and in the case of a municipal railway proposal for approval, amendment or rejection of the proposal by the Board of Supervisors, with due regard to time limitations provided by the Charter within which the Board of Supervisors has the power to act on such proposal.

(Amended by Ord. 49-83, App. 2/4/83)

SEC. 2.28. BOARD'S FINDING PRIOR TO APPROVAL OR REJECTION.

   Prior to approval or rejection of a proposal relative to public utility rates, the Board of Supervisors by a majority vote of its members shall adopt a resolution, which shall not be subject to approval or disapproval by the Mayor, making a finding based on the data submitted, whether or not the proposal to fix, change or adjust rates, charges or fares has been so fixed that the revenue therefrom shall be sufficient to pay, for at least the balance of the current fiscal year and all of the succeeding fiscal year, all expenses of every kind and nature incident to the operation and maintenance of the affected utility, together with the interest and sinking fund charges for any bonds issued for the acquisition, construction or extension of such affected utility.

(Ord. No. 7384 (1939), Sec. 4)

SEC. 2.29. APPROVAL OR REJECTION.

   Following the findings, as provided in the preceding section, the Board of Supervisors shall approve or reject the proposal; provided, however, that failure to approve or reject the proposal within 30 days from and after the date of its introduction shall constitute approval thereof, except in the instance where it is incumbent upon the Board of Supervisors to provide by tax levy for any additional amount necessary to meet the deficit for the next ensuing fiscal year for the operation of such utility.

(Ord. No. 7384 (1939), Sec. 5)