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HomeMy WebLinkAbout10/20/2020 09B Update on Utility Account Balances a\'4\lyy bxk ik 1 • 1-,V, 9 PPPPPP+Pd ' lii it tYlltYlA.\ta. BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 9.B. For Meeting of: October 20, 2020 ITEM TITLE: Update on Utility Account Balances SUBMITTED BY: Steve Groom, Director of Finance and Budget James Dean, Utility Services Manager SUMMARY EXPLANATION: An update on Utility Billing balances is attached with results through September. The suspension of water shutoffs due to nonpayment continues to be in effect. No further action by Council is recommended at this time. ITEM BUDGETED: NA STRATEGIC PRIORITY: Public Trust and Accountability APPROVED FOR SUBMITTAL BY THE CITY MANAGER RECOMMENDATION: Review only. Submitted for routine transparency and accountability purposes. ATTACHMENTS: Description Upload Date Type D ility filling update 1 / /2020 x uti Mammary 2 S j� f w - `- UTILITY SERVICES DIVISION TO: City Council Bob Harrison, City Manager FROM: James Dean, Utility Services Division Manager Steve Groom, Finance Director DATE: October 8, 2020 RE: Update on Utility Account Balances. This is to provide feedback on the economic impact of the COVID-19 emergency on the City's Utility Services Billing, since the emergency declaration in March and subsequent Governor's Stay-At-Home Order. Receivable balances, in total, have remained in roughly the same range through September and the number of payment arrangements has fluctuated but remained in roughly the same range, under 200. Utility Services bills for Water, Waste Water, Solid Waste & Irrigation on a 60-day rotating cycle. Approximately 10,000 of our customers are served by Nob Hill Water Association and are only billed for Waste Water and or Solid Waste services. The division also prepares invoices for the Storm Water utility which are billed initially through Yakima County as part of the property taxes. City of Yakima; Trend in AR Aging.-31-60 days As the graph at right shows, the trend in 00+3 receivables for balances from July to 20 0 " aw September has fluctuated with no s°' 4 ••••' dramatic increase as might have been loom Y.w:: feared due to the economic effects of the spa) COVID event in the economy. In 3150 3160 3155 31-60 3160 3160 September, the outstanding receivables Apr May ,a„ 21 Aug 5 balance for all three services was at or Sett.Waste 55 396 11,155 49,666 66.462: 66,583 49,2,25 Wage Wale- 151,153 173,59E 111,961 140,531 174,264 107885 equal to the balances for April. 948,a8er 75,320 51.927 54.404 74,157 79,207 74 023 Receivable balances also show a City of Yakima somewhat cyclical fluctuation. Balances Trend in AR Aging 61-90 Days in July in the 61-90 day category were 20D,000 below or near the balances for April, and 150;000 September balances are comparable to 100,000 those in May and August. Wastewater had so ofl WSAI overall increased compared to the balances in earlier months and will bear 61=40 5190 5190 61990 6190 61-90 Apr Nay Jun Jut Aug Sep further monitoring. ; 6a Waite 34,555 34,297 39,079 24,43E 47,351 41002 Wage Wa,e8 06,335 94,329 75.236 55.012 95,364 94,306 ••Water 24,616 36,529 25.760 32,495 35,309 46,644 3 UTILITY SERVICES DIVISION The trend in Pay Arrangements is shown at City of Yakima utility services right. Payment Arrangements Pay Arrangements are established for 200 customers who will be unable to bills within 198 the seven day grace period given past the 190 due date of the bill. Pay arrangements are 185 a snap shot in time and can vary depending 180 on the day the report is generated. vs 170 There was a decrease in the number of pay igs arrangements for July and August compare Apr May Jen Jul Aug Sep to the 2 months however September shows an increase back to level comparable to May. Staff continues to monitor. There are quite a few continuing to make payments that will rotate off of this schedule. In talking to customers,we're hearing that those who have a need are able to make arrangements. While the Pandemic is affecting them, the suspension of shut offs and making payment arrangements seems to fit their financial situation. Staff has met with customers at the Harman Center in order to assist with setting up online payments. As always, please forward customer inquiries to Utility Services Division. Customers are encouraged to call (509) 575-6080.