The City of Portland calculates residential single family or multi-family sewer volume using actual water consumption, class average or winter average. Most water used indoors during this time of year enters the sewer system. Since much of the water used in warmer months waters lawns and gardens and doesn’t enter the sewer system, the city uses the winter average as the most equitable way of determining sewer volume. The city applies winter average volume to residential accounts during billing periods outside the winter average review period. During those billing periods, the city bills customers the winter average consumption or actual water consumption, whichever is less. For residential accounts billed quarterly, the city calculates the winter average on water readings taken between February 1 and April 30. The Portland Bureau of Environmental Services utilizes a process to calculate sanitary sewer and stormwater drainage service rates. The first step is to determine the Gross Revenue Requirement. Revenues are required to fund two broad categories of costs: operating and capital, which sum to form the Bureau’s overall gross revenue requirement.
Portland, Perma-liner Industries has some exciting information that must be shared now as time is of the essence! It’s the Section 179 Deduction. This allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves. Still reading this?? Give us a call so we can offer you our very best products and services now. 1-866-336-2568/ www.perma-liner.com.
Section 179 is one of the few incentives included in any of the recent Stimulus Bills that actually helps small businesses.