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5. ChristineCITY OF HOPKINS FINANCE DEPARTMENT MEMORANDUM Date: February 5, 2015 To: Mayor & City Council From: Christine Harkess, Finance Director Subject: Utility Billing Due Date The current Finance Billing Policy 6E provides for a grace period of 20 days from the day we mail the utility bills. Utility bills are currently mailed the 3rd working day of the month so the bills would be mailed as early as the 3rd and as late as the 6th. With the bills due 20 days later — or more depending weekends and holidays it can provide for a very short turn around to calculate, print and prepare bills for mailing. This was the schedule for 2014 holiday 27/28 and weekend 29/30 I would like to propose that bills be prepared the last week of the month and have them mailed within 2 days of the end of the month. I'd like to further propose a firm due date of the 20th or next business day. This will allow ample time for applying penalties and calculating the new bills. This will shorted up the grace period by approximately 5 days. I conducted an inquiry through the financed listsery on the MGFOA and those results are attached. There is no clear policy across cities. Bills Mailed Due Date Last working Day of Month No. of days from due date to last working day of the month January 1 6 27 1 31 4 February 5 25 28 3 March 5 25 31 6 April 3 23 30 7 May 1 5 27 30 3 June 4 24 30 6 July 3 23 31 8 August 5 25 29 4 September 4 24 30 6 October 3 23 31 8 November 5 25 26 1 December 3 23 31 8 holiday 27/28 and weekend 29/30 I would like to propose that bills be prepared the last week of the month and have them mailed within 2 days of the end of the month. I'd like to further propose a firm due date of the 20th or next business day. This will allow ample time for applying penalties and calculating the new bills. This will shorted up the grace period by approximately 5 days. I conducted an inquiry through the financed listsery on the MGFOA and those results are attached. There is no clear policy across cities. Grace Periods for Utility Bills City/Jurisdiction No of Days Due Date Comments Hutchinson 12 27th bill on 15th, due on 27th Spicer 20 20th Mail on 1st - due by 20th - previously due on 15th Crystal 20th Penalties applied 5 days later Cambridge 12 12th bill last day of the month Chanhassen 21 21st Billed last day of month - due 21st of next. 3 day grace period for penalties Savage 20th due on the 20th Zimmerman 30 bill quarterly - 30 day grace period Roseville 30 EOM bill on the 1st - due last day Inver Grove Heights 20th bills are processed anytime after penalties are applied Dayton 30 10th bill on the 10th - due 10th of next month Nashwauk 25 25th bills 1st of the month Oak Park Heights 30 9th bill on the 10th - due 9th of next month St. Michael 30 Bill EOM - due in 30 days North Mankato 20 10th Bill on 20th - due on 10th of next month Kenyon 15-16 10th Bill between 22 -24th and due 10th of next month Minnetonka 21st Bill on last Friday of month - due 21st of next month Golden Valley 25th or 28th Bill on 3rd day of month, due on 25th for commercial; 28th for residerntial Brooklyn Park 20 Per city ordinance Farmington EOM Mailed first week of month - due EOM St. Paul Regional Water Services 15 Bill monthly & quarterly and do readings & billings every day. Shoreview 35 5th Billed quarterly with due date about 35 days later on the 5th of the second month following billing Burnsville 20 22-24 Billed at EOM, and allow about 3 weeks for due date. Waconia 20 21st Mail on 1st - due on 21st St. Peter 15 15th Mail on 1st - due on 15th or next business day Pine Ciyt 22 22nd Mailed last day ofof th month and due on the 22nd. Zimmerman 15 15th Mailed last day of the month and due on the 15th. Prior Lake 21 21st Mailed on last day of the month and due on the 21st. Maple Grove 10th Mailed 2nd week of the month and due on the 10th of the following month Montevideo 10 5th Bill on 20th and due on the 5th of next month Rosemount 20th Bills sent out during the last week of the month POLICY 6-E FINANCE BILLING COLLECTION POLICY 1. PURPOSE 1.01 The purpose of this policy is to establish procedures to ensure the collection of utility bills and accounts receivable invoices. 2. POLICY 2.01 Utility Bills. Utility bills will be sent out on the third working day of the month and are due in 20 days. Payments received in the mail will not be charged a penalty if postmarked before the due date. Payments received in the night deposit by 8:OOAM the day after the due date will not be charged a penalty. A penalty of 10% of the water, sanitary, sewer, storm sewer and refuse charges will be charged if the bill becomes delinquent. 2.02 Accounts Receivable Invoices. Invoices for tree removal, rental of city space, repairs to City property, and other miscellaneous charges are billed and due 20 days from the bill date. Interest will be charged on accounts receivable invoices that are 30 days or more past due at a rate of 18% per year (1/z% per month). 2.03 Certification of Delinquent Amounts. Delinquent amounts dated prior to June lst of the year will be processed for assessment certification on a yearly basis to Hennepin County. Written notice shall be mailed to each such debtor during the month of June, advising him or her of this policy. There shall be a $100 service charge added on each such utility account or accounts receivable invoice. If multiple properties share one accounts receivable invoice each property shall be charged $100. 3. SERVICE DISCONTINUATION POLICY 3.01 Refuse service may be discontinued for a period of no less than thirty (30) days. The resident must contact the City and make a request for a discontinuation of service. Established: 1982 (Res. 82-3039) Incorporated into Legislative Policy: June, 1998 Revised: Sept 2006 (Res. 2006-052) Revised: August 2010 (Res. 2010-042) Revised: Sept 2014 (Res 2014-045) Legislative Policy Manual — Chapter 6-E 1