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Follow Up Flag: Follow up Flag Status: Flagged Rob, I received the following from the City's Treasurer. His calculation based on a reduced collections by 22.84% estimate that cash will end $13.7M lower than my estimate in the prior transmission of $12M. As stated on the phone, the results of our collection efforts will be known in approximately 30 days as we begin shut-off notices and enforcement. Please let me know if you have any questions. Per Doug Bingaman: Over the past 3 years, we have an average collection rate for water/sewer revenue of 94%, Last year, we collected 99% or our revenue. Which I contribute to our water thief program and aggressively interrupting service for non-pay. Since 8/1/15, our collections are off 22.84%. If this continues through out FY 16, our water/sewer cash will be reduced by $13,731,790, if all else stays the same. $35,500,000 Water Revenue 30,084,895 Sewer Revenue $65,584,895 x 91.67% 11 months $60,121,673 x 22.84% $13,731,790 Jody N. Lundquist Chief Financial Officer City of Flint 1101 S. Saginaw Street, 2nd Floor Flint, MI 48502 jlundquist@cityofflint com (810) 766-7268 ext. 2301 xxxEND_PAGE:treasury01_b36_6099_6552_097 Hudson, Deanna (TREASURY)