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HomeMy WebLinkAboutMemo - Mail Packet - 3/2/2021 - Memorandum From Lisa Rosintoski And Lance Smith Re: Utility Delinquent Accounts & Financial Assistance Monthly UpdateUtilities electric ·stormwater ·wastewater ·water 222 Laporte Ave. PO Box 580 Fort Collins, CO 80522-0580 970.212.2900 V/TDD: 711 utilities@fcgov.com fcgov.com/utilities M E M O R A N D U M DATE:February 25, 2021 TO:Mayor Troxell and Councilmembers FROM:Lisa Rosintoski, Customer Connections Deputy Director Lance Smith, Utilities Strategic Finance Director THROUGH:Darin Atteberry, City Manager Theresa Connor, Interim Utilities Executive Director RE:Utility Delinquent Accounts & Financial Assistance Monthly Update Bottom Line: As our community continues to navigate the effects of the COVID-19 pandemic, Fort Collins Utilities has not disconnected utility services due to non-payment since March 2020 and has not confirmed a date to reinstate disconnects. In accordance with the current Governor moratorium, we are not charging late or reconnection fees to delinquent accounts. Payments for utility services are essential to continue delivering reliable and high-quality electric, water, wastewater, and stormwater services. Utilities staff plans to provide an update to City Council on utility delinquencies the fourth Thursday of each month through June 2021. Delinquent Account Status Including Revenue: The number of delinquent accounts fluctuates each month. The graph above is an example of the utilities uncollected past-due revenue related to the increase in delinquent accounts. The graph shows that the pandemic has caused hardship for many of our utility customers, and our delinquent account numbers have increased significantly, also impacting utility revenue. Utilities typically writes-off about $300,000-600,000 each year in uncollected revenue as bad debt due to delinquency. However, due to the City lien ordinance Utilities may collect the debt once the property is sold. Outreach and Financial Assistance Provided to Delinquent Accounts: In 2020 through CARES Act funding and the Payment Assistance Fund, Utilities has been able to provide $900,000 of financial assistance to help customers who have struggled to pay their utility bills. Outreach has included mailings, emails, and phone calls to advise them of the available funding. Each delinquent account is receiving a monthly notice encouraging them to contact Utilities immediately and informing them of their options: Pay your bill. Set up a payment arrangement. Utilize the Payment Assistance Fund Our hope is that as additional financial assistance becomes available the notice will be updated. Financial Assistance Being Considered: Currently, Utilities is waiting on crucial decisions to be made regarding state and federal stimulus packages, such as financial assistance for delinquent accounts could come from utility- led programs and third-party nonprofit organizations. The biggest unknown at this time is Biden’s American Rescue Plan and financial assistance that will be available for utility assistance. Below is a summary of financial assistance. $119,397 $86,751 $323,591 $44,727 $547,647 $28,262 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 2018 2019 2020 2021 ytd Financial Assistance PAF CARES Utility Led Financial Assistance Payment Assistance Fund (unclaimed funds only) $231,745 Council would need to change City Code to redistribute funds, which could consist of modifying Code to allow the Chief Financial Officer’s regulations to manage. Donations from public would not be used for this purpose. Platte River Power Authority Gift $468,941 City Manager’s Office determining allocation and emergency declaration orders to support distribution. Remaining CARES Act funding $270,000 As of 2/16/21 Third Party, Non-profit Led Financial Assistance CARES Act Energy Outreach Colorado (La Familia, Catholic Charities, Discover Goodwill, Colorado State University) $2.5M Statewide Funds for utility one time assistance, $1k per fuel source, no LEAP requirement at this time, customer needs to have an electric account, dollars need to be spent by 6/3/21 CARES 2.0 Neighbor to Neighbor (working with other nonprofits, more details to come) $10.7M Larimer County Funds for rent and utility assistance were provided to Larimer County, dollars need to be spent by the end of 2021, distribution expected to begin mid-March What Are Other Utilities Doing? As we look to our utility colleagues to see how they are handling delinquent accounts and support their administration remains closely related to ours. However, we have learned most utilities have resumed disconnects including Xcel, Black Hills Energy, the City of Loveland, Colorado Springs Utilities, the City of Fountain, and the Town of Estes Park. Like us, the City of Longmont has not resumed disconnections in hopes of more funding to provide financial assistance. CC: Lori Clements, Utilities Customer Care & Technology Manager Gretchen Stanford, Utilities Community Engagement Manager