City of Homer

Finance                                                   Telephone        (907) 235-8121

491 East Pioneer Avenue                      Fax                  (907) 235-3140

Homer, Alaska 99603-7645                E-mail             Finance@ci.homer.ak.us

                                                            Web Site          www.ci.homer.ak.us


MEMORANDUM 07-41

 

TO:                  MAYOR HORNADAY AND HOMER CITY COUNCIL

 

THRU: REGINA HARVILLE, FINANCE DIRECTOR

 

FROM:            LAURIE MOORE, ACCOUNTS RECEIVABLE SUPERVISOR

 

DATE:             FEBRUARY 23, 2007

 

SUBJ:              2007 REVISED BULK WATER RATE

 

The bulk water rate for 2007 was incorrectly stated in the City fee schedule as follows: 

 

BULK WATER FEES:

A commodity charge of $5.21 per 1,000 gallons of water shall apply to bulk water sales provided by tanker truck or fire hydrant plus an additional surcharge of $10.70 per 1,000 gallons of water in order to offset debt service and capital replacement and customer service costs. 

 

THE CORRECTION SHOULD READ:

A commodity charge of $5.21 per 1,000 gallons of water shall apply to bulk water sales provided by tanker truck or fire hydrant plus an additional surcharge of $6.32 per 1,000 gallons of water in order to offset debt service and capital replacement and customer service costs.

 

Recommendation:

Correct the bulk water rate in the City fee schedule to reflect the 4% increase requested and approved by Council for all water and sewer rates for 2007.