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Water & Wastewater Commission Review and Recommendation Government That Works for All February 3, 2021 Commission Meeting Date: Council Meeting Date: Department: Austin Energy/Austin Water February 18, 2021 COA Strategic Direction: Client: Joseph Gonzales Agenda Item Recommend an ordinance amending the fiscal year 2020-2021 budgets of Austin Water and Austin Energy to appropriate up to $10,000,000 for the utilities’ Plus-One payment assistance programs. Austin Water’s portion of this amendment is $5,000,000. Fiscal notes are attached. Amount and Source of Funding Purchasing Language: N/A Prior Council Action: Boards and Commission Action: MBE/WBE: N/A August 12, 2020 – Council approved an ordinance adopting the City of Austin Budget for Fiscal Year 2020-2021, beginning on October 1, 2020, and ending on September 30, 2021. February 3, 2021 — To be reviewed by the Water and Wastewater Commission. February 8, 2021 — To be reviewed by the Electric Utility Commission. During the March 26, 2020 Council meeting, Council approved Resolution No. 20200326-092 directing the City Manager to explore options available to reduce the impact of utility bills during the time when the City is asking our community to work from or otherwise stay at home to help reduce the spread of the coronavirus. The resolution directed the City Manager to at a minimum consider adjusting eligibility criteria for the Plus 1 emergency financial aid program to make it accessible to individuals who have experienced an impact to their job or earnings as a result of COVID-19 and consider other options for utility rate relief for residential customers. On April 9, 2020 Council approved Ordinance No. 20200409-083 for Austin Energy and Austin Water to contribute an additional $5.0 million each to the Plus One payment assistance program. The Plus One payment assistance program provided direct and targeted relief to our most vulnerable customers experiencing hardship in paying utility bills. Austin Energy and Austin Water will each contribute an additional $5.0 million to the Plus One payment assistance program for FY2021 for additional payment assistance, due to the continuing impacts of COVID-19. OPERATING BUDGET FISCAL NOTE DATE OF COUNCIL CONSIDERATION: DEPARTMENT: FUND: 2/18/21 Austin Water Water, Wastewater, and Reclaimed Water Operating SUBJECT: Approve an ordinance amending the Fiscal Year 2020-2021 Austin Water Operating Budget (Ordinance No. 20200812-001) to increase Transfers Out by $5,000,000 for a net reduction to ending balance of $5,000,000 to be transferred to the Customer Benefit Charge Fund. CURRENT YEAR IMPACT: Beginning Balance Revenue Transfers In Total Available Funds Program Requirements Other Requirements Debt Service Transfers Out Total Requirements 2020-21 Approved 206,438,075 This Action 568,003,394 46,174,942 614,178,336 236,625,303 21,244,758 173,658,293 2020-21 Amended 206,438,075 568,003,394 46,174,942 0 614,178,336 236,625,303 21,244,758 173,658,293 184,784,722 5,000,000 189,784,722 616,313,076 5,000,000 621,313,076 0 0 0 0 0 0 0 0 0 0 Excess (Deficiency) of Total Available Funds Over Total Requirements (2,134,740) (5,000,000) (7,134,740) Ending Balance 204,303,335 (5,000,000) 199,303,335 FIVE-YEAR ESTIMATED IMPACT: FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Total Available Funds Total Requirements Net Budget Impact 0 5,000,000 (5,000,000) 0 0 0 0 0 0 0 0 0 ANALYSIS / ADDITIONAL INFORMATION: This item will amend the Austin Water Operating Fund to increase Transfers Out by $5.0 million to be transferred to the Customer Benefit Charge Fund to be used to fund the Customer Assistance Plus One payment program. OPERATING BUDGET FISCAL NOTE DATE OF COUNCIL CONSIDERATION: CONTACT(S): FUND: 2/18 /2021 Austin Water Austin Water Community Benefit Charge Fund SUBJECT:  Approve an ordinance amending the Fiscal Year 2020‐2021 Austin Water Community Benefit  Charge Fund Budget (Ordinance No. 20200812‐001) to increase Transfers In for $5,000,000 and increase Total  Requirements by $5,000,000 for a net impact of $0 to the ending balance. Total Available Funds 9,439,281 5,000,000 14,439,281 CURRENT YEAR IMPACT: Beginning Balance Other Utility Revenue Interest Total Revenue Transfer In Other Requirements Customer Assistance Prog Costs Multifamily CAP Discount  Total Other Requirements Transfer Out Trf to Water Operating Fund Trf to Wastewater Operating Fund Excess (Deficiency) of Total Available Funds  Over Total Requirements  Total Transfers Out Total Requirements Ending Balance FIVE‐YEAR IMPACT:  This   Action  2020‐21 Approved 4,461,765 9,405,556 33,725 9,439,281 2020‐21 Amended 4,461,765 9,405,556 33,725 9,439,281 0 5,000,000 5,000,000 925,000 4,000,000 4,925,000 5,000,000 0 5,000,000 5,925,000 4,000,000 9,925,000 9,974,476 5,000,000 14,974,476 2,890,731 2,158,745 0 5,049,476 (535,195) 3,926,570 2,890,731 2,158,745 0 5,049,476 (535,195) 3,926,570 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Total Available Funds Total Requirements Net Budget Impact 5,000,000 5,000,000 0 0 0 0 0 0 0 ANALYSIS / ADDITIONAL INFORMATION: This item will amend the Austin Water Community Benefit Charge Fund to increase Transfers In by $5,000,000 from Austin Water Operating Funds and increase Total Requirements by $5,000,000 for additional funding for the Customer Assistance Plus One Program.