Seventh, the Eurosystem is clarifying the acceptance criteria for credit rating agencies as External Credit Assessment Institutions in the ECAF
He had opposed the earlier ECAF
increase and on Tuesday voted to block its implementation.
A survey from ECAF
found that 92% of all those organisations taking part said that they considered PKI to be a strategic requirement.
Before any adjustment to the ECAF
beyond this quarter can be made, we will report back to the Council as they have requested.
We are honored to receive this prestigious acknowledgement from ECAF
," said Carr.
The Board of Water and Power Commissioners instead voted 4-1 to increase the ECAF
instead by .
Currently, the ECAF
fund includes several other programs, such as renewable energy costs.
However, quarterly increases in the ECAF
are capped at $0.
At the same time, the mayor said any future increases either in the ECAF
or the base DWP rate would not be allowed until they are recommended by an independent ratepayer advocate working out of the City Controller's Office.
Villaraigosa has been pushing hard for the ECAF
increase, and has brought together a wide-ranging group of supporters, including Gov.
In addition, the retail rate structure includes the ECAF
, which has allowed the district to maintain adequate cost recovery during the market volatility associated with natural gas prices over the last few years.
The mayor and DWP had asked last summer for an increase in the ECAF
, but the City Council turned it down, pending additional reports.