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<br />DAction <br /> <br />CITY OF PARIS, TEXAS <br />CITY COUNCIL AGENDA REQUEST <br />MEETING DATE: I March 26, 2007 <br /> <br />I:8J Discussion Dlnformation DRefer to: <br /> <br />SUBMITTED BY: <br /> <br />I Gene Anderson, Finance Director <br /> <br />DESCRIPTION: <br />Report on survey of water deposits and related charge offs. <br /> <br />BACKGROUND INFORMATION: <br /> <br />The City Council wished to discuss the amount of the water deposit after one <br />landlord complained about the amount. The deposit was raised to this level in mid <br />2005 not only to cover the outstanding amount of any utility bill but also to cover <br />the costs of landfill fees related primarily to rental property. It is a common problem <br />for renters to move leaving a large amount of trash and old furniture behind. <br />Landlords haul this trash to the curb and the City ends up having to haul it off to <br />the landfill. The increased deposit was intended to help cover these costs. Charge <br />offs declined from $103,678.07 in 2005 to $83,441.75 in 2006 after 6 months of <br />activity under the new deposit. Based on charge offs through February 2007, <br />charge offs are expected to drop to $55,655 for the year. This represents a 46% <br />drop in annual charge ofts. This topic could be further researched as part of the <br />current water/sewer rate study. <br /> <br />FISCAL AUTHORITY: <br /> <br />BUDGETED: Yes No Account #: <br />GRANT: Account #: <br />BOND / C 0 Account #: <br />Other: See attached for recommended funding <br /> <br />LEGAL REVIEW: <br /> <br />I <br /> <br />MANAGER'S RECOMMENDATION: <br />