Department of Utilities
Reference: Temporary Amend Utility Rates
To: Mayor Gregory Mills and Members of City Council
Through: Marv Falconburg, Acting City Manager
Prepared By: Maria Ostrom, Finance Director
Date Prepared: March 30, 2020
PURPOSE
An ordinance to temporarily amend certain water, wastewater and storm drainage rates in order to provide relief for customers facing unprecedented financial hardship during the COVID-19 crisis.
STRATEGIC FOCUS AREA
Financially Responsible
BACKGROUND
At the special meeting on March 25, City Council directed staff to bring forward for formal consideration and ordinance to temporarily amend utility rates.
FINANCIAL IMPACT
The projected one-time revenue loss as a result of the temporary reduction in utility rates is $670,000
STAFF RECOMMENDATION
Approve the ordinance as written
OPTIONS FOR COUNCIL CONSIDERATION
1. Approve the ordinance as written
2. Approve the ordinance with modification proposed by City Council
3. Do not approve the ordinance.