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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, TEMPORARILY REDUCING WATER RATES BY TWENTY PERCENT TO ALL CITY CUSTOMERS FOR CERTAIN WATER SERVICE FOR THE MONTH OF MAY 2020; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $415,251.00)
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(Staff Contact: Andrew Jean-Pierre)
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Summary Explanation/Background:
The City is proposing to give its residential and business customers a 20% one-time rate cut for rates and charges relating to water services. The rate cut is intended to help ease financial burdens stemming from the coronavirus crisis. All City customers would automatically be provided the rate reduction in their bill for the May billing cycle which begins May 1st.
Origin of request for this action: City Manager’s Office
Fiscal impact and source of funding: $415,251 from General Fund Fund Balance.
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