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HomeMy WebLinkAboutOB 4 GRT WEST REFUND 09-08-92OLD BUSINESS NO. 4 9-8-92 L 4 ►a.— �✓ i Inter -Com DATE: AUGUST 31, 1992 1 `/ TO: WILLIAM A. HUSTON, CITY MANAGER FROM: RONALD A. VAULT, DIRECTOR OF FINANCE SUBJECT: STATUS OF GREAT WESTERN RECLAMATION REFUND RECOMMENDATION: Pleasure of the City Council. DISCUSSION: At their meeting of August 3, 1992 the City Council, with the absence of Councilmember Saltarelli, was divided as to whether the $109,000 refund from the 1991-92 trash fees should be held in trust to offset estimated 1993/94 rate increases or should be credited against the proposed 1992/93 rates. This item was continued until the next meeting so that the full Council would be available to make a decision. In the meantime, the trash rates were forwarded to the County to meet the August 10, 1992 deadline without adjustment for the potential refund. If the City Council were to direct staff to refund the approximate $15.50 per unit we will need to issue about 7,000 checks. This will require some additional computer programming and outside handling and postage for a total cost estimated to be about $4,700.00, approximately $.70 per check. Rona A. Nault Director of Finance RAN: 1s a:gwrrefnd.wah 1