HomeMy WebLinkAboutBudget Amendment 21-09-03r
APPROVING BUDGETAMENDMENT
21-09-03 TO INCREASE GENERAL
FUND APPROPRIATIONS TO PAY FOR
UTILITY COSTS FOR CITY ACCOUNTS
CITY COUNCIL MEETING
APRIL 121 2021
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OVERVIEW
• July 2020 Water and Sewer Rate Study was moving forward.
• Raftelis requested Finance to look into the City's utility accounts to determine
which accounts were being paid and which were being adjusted off.
• Finance found inconsistencies and Willis Consulting & Accounting was hired to
review the City's utility accounts and accounting activity.
Willis Consulting &Accounting is in its final stages of drawing their conclusions,
however we felt it was important to have this discussion timely to make
recommendations to address issues. C- ��
SUMMARY OF PROPOSED REIMBURSEMENT FOR
REVIOUS AND CURRENT COSTS
Water Operating and Capital Costs
Sewer Operating and Capital Costs
Street Sweeping and Tree Trimming
Current Previous Five
Fiscal Year Fiscal Years
2020-21 2016-2020
$190,000 $683,442
5,000
19,437
2.528
RECOMMENDATION
Adopt Resolution 7130 to approve Budget Amendment 21-
09-03 to increase appropriations to pay for water, sewer,
street sweeping and tree trimming for City utility accounts for
Fiscal Year 2020-21 and to repay the Water Fund, Sewer
Fund and General Fund for utility costs in Fiscal Years
2019-20, 2018-19, 2017-18, 2016-17 and 2015-16.
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