The San Angelo City Council today approved lowering the fee for late payments for most water customers. The reduction from $25 to 15 percent of the amount due averages $20.84 for the 60,000 accounts that typically paid late in 2017.
The change will take effect June 1. Beginning on that date, water bill payments will be due 25 days after the billing date, three days earlier than current policy. The shorter payment cycle will ensure late fees appear on the bills to which they apply.
The City Council will consider final approval of the changes April 17.
The Council initiated the change at the request of customers. The change will reduce the water utility’s revenue about $250,000 per year.
Water Utilities Director Allison Strube reported to the City Council today that the water utility’s fund balance – unspent revenue from prior years – is projected to be $4.5 million at the end of the current fiscal year on Sept. 30. That is below the goal of $5.9 million, which represents 75 days of operating expense for the utility.
Water bill payments can be accepted:
- Online at cosatx.us/waterbill.
- Via an automatic monthly bank draft.
- By calling 325-657-4323.
- By mailing checks to P.O. Box 5820, San Angelo, TX 76902.
- In persona t 301 W. Beauregard Ave.