1. Water Rebate
Discussion

2. Water Rebate
Ordinance:
During the months of April and November of each year,
the city council shall review the financial condition of
the water operations fund and determine whether a
rebate to water customers is appropriate. If a rebate is
determined to be appropriate, such rebate shall be
accomplished in May and December or as soon
thereafter as practical. The amounts and methodology
for providing the rebate shall be determined by the city
council.

3. Water Rebate
Since inception Council has used this discussion to
initiate action twice
• Rebates granted – base fees were waived (changed
to zero) for two months
• Capital projects funding – excess fund balance was
transferred to a capital projects fund to assist in paying
for needed improvements

4. Water Rebate
• Estimated fund balance 3/31/2013 $122,214
• 75 day goal fund balance 5,254,948
• Staff recommends no action at this time