City of Long Beach - File #: 22-109WA

• File #: 22-109WA
• Version: 1
• Name: Recommendation to approve a one-time utility rebate to all current water customers of the Long Beach Water Department, to be applied pro-rata based on customer account meter size in a total amount not to exceed $21,832,202 and direct the General Manager t
• Type: WA-Agenda Item
• Status: Approved
• File created: 5/5/2022
• In control: Water Commission (now under Utilities Commission)
• On agenda: 5/12/2022
• Final action: 5/12/2022
• Title: Recommendation to approve a one-time utility rebate to all current water customers of the Long Beach Water Department, to be applied pro-rata based on customer account meter size in a total amount not to exceed $21,832,202 and direct the General Manager to take such actions as necessary to provide the rebate upon receipt of the funds from the City’s General Fund.

Date	Ver.	Action By	Action	Result
5/12/2022	1	Water Commission (now under Utilities Commission)	approve recommendation	Pass

TITLE

Recommendation to approve a one-time utility rebate to all current water customers of the Long Beach Water Department, to be applied pro-rata based on customer account meter size in a total amount not to exceed $21,832,202 and direct the General Manager to take such actions as necessary to provide the rebate upon receipt of the funds from the City’s General Fund.

FISCAL IMPACT

The Department will receive a $21,832,202 payment within approximately 180 days to fund a one-time water customer credit and will be applied pro-rata to customer accounts once the funds are received. 

SUGGESTED ACTION

Approve recommendation.