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HomeMy WebLinkAboutFCS-14-095 - Postage Rate Increase Staff Report rTC.�r R finance and Corporate Services Department www.kitchener.ca REPORT TO: Finance and Corporate Services Committee DATE OF MEETING: June 9, 2014 SUBMITTED BY: Joyce Evans, Director of Revenue and Deputy Treasurer, 519- 741-2200 x7895 PREPARED BY: Saleh Saleh, Supervisor of Collections and Payment Processing, 519-741-2200 x7346 WARD(S) INVOLVED: ALL DATE OF REPORT: April 24, 2014 REPORT NO.: FCS-14-095 SUBJECT: Postage Rate Increase RECOMMENDATION: THAT staff be directed to promote a-post, and implement alternative ways for customers to view and print their bills as part of the SAP billing system implementation (option #3 in FCS-14-095) to reduce future postage costs; AND FURTHER THAT staff be directed to develop strategies to address any current postage budget shortfall as part of the 2015 budget planning process. BACKGROUND: On December 11, 2013, Canada Post announced that it would increase the cost of postage effective March 31, 2014. The current 2014 operating budget for postage does not account for the increase in postage costs. During the 2014 Budget process, in lieu of increasing the postage budget, Council directed staff to consider options to mitigate the additional cost including strategies to increase the use of electronic bill presentment, potentially moving to bi- monthly billing and also giving consideration to implementing a user fee to continue receive paper bills. This report outlines options for council's consideration and direction. REPORT: The 2014 Budget for postage is $830,741. A large percentage (70%) of the postage budget relates to costs of mailing out property tax and utility bills. As a result of the postage rate increase announced by Canada Post, it is expected that the cost of mailing out a property tax or utility bill will go up by an average of 15% to 19% depending on the weight of the item. It is expected that the over expenditure for postage will be $93,000 for 2014 ($50,000 for the tax-supported budget and $43,000 for enterprise budgets). This amount reflects the increased costs of postage for 9 months starting March 31, 2014. To mitigate a portion of this variance, 7 - 1 staff have developed four options for Council's consideration. The options are not mutually exclusive. Option #1: Charge $2 for every paper utility bill to be mailed out This option considers charging customers $2 for every paper utility bill that is mailed out. This strategy is consistent with what a few organizations do to encourage customers to sign up for electronic bill presentment and receive their bills online. Advantages of this option include; recovery of postage charges, additional revenue for the utility base and reduced wear/tear on the mailing machine. A major disadvantage of this option is the increased cost to the customer for receiving a paper bill, which would equate to $24 per year, or 1.30% of the average annual bill. This option could not be implemented for property tax bills because as per legislation, this fee would need to be sent on a separate paper bill and cannot be consolidated with the property tax bill. As a result, this option will not solve the tax-supported budget shortfall. It is also important to note that the Governor General has made a commitment in the throne speech in October 2013 to end "pay to pay" policies so customers would not have to pay extra to receive paper bills. In comparing with other utilities the following information has been obtained with respect to whether or not they charge for customers to receive paper bills. It does not appear to be the practice locally for electric, gas, water and sewer utilities. Organization Charge to receive Comments paper bill Kitchener—Wilmot Hydro $ nil Considering moving from bi- monthly to monthly billing City of Waterloo (water/sewer) $ nil Bills bi-monthly City of Cambridge (water/sewer) $ nil Bills bi-monthly Union Gas $ nil Bills monthly Rogers $ 2.00 Bills monthly Bell $ 2.00 Bills monthly Conclusion: Charging a fee to receive a paper bill is feasible and generates sufficient revenue to offset the postage cost increase for enterprises by a considerable margin, but would be poorly received by ratepayers and would not address the tax-supported shortfall($50,000). Option #2: Provide financial incentives to customers to enroll on a-post This option involves providing incentives for customers to enroll on a-post which is the City's electronic bill presentment provider (see Appendix A). An example of an incentive could be giving the customer a $10 rebate on their utility bill if they enroll and stay on a-post for at least one year. This option does require additional staff time to configure the existing billing system, which is not feasible in the short term due to the billing system replacement project which is now underway. The primary challenge with this option is that unprecedented (unrealistic) growth in enrollment would be required for this option to offset the postage cost increase. Approximately 7 - 2 10,000 accounts (7%) of the City's total 145,000 customer accounts are currently enrolled in e- post. An additional 36,000 accounts or a 60% increase in a-post enrollment would be required to offset the costs associated with this option. Conclusion: Providing financial incentives to enroll on a-post, as an offset for increased postage costs, does not have a viable business case at the present time. Option #3: Expand the promotion of a-post and implement alternative ways for customers to view and print their bills as part of the SAP implementation This option considers the continuous promotion of a-post via mail inserts, partnering with Canada Post on a marketing strategy and increased communication with customers on the benefits of a-post both at the counter and on the phone. The advantages of this option include reduction of postage costs and the ability to leverage the implementation of a new billing system to allow customers to view their bills online. The disadvantage of this option is that it will take time for additional customers to adopt a-post or on-line billing given the trend line over time. Further, it will result in a budget increase as the City would still need to fund the cost of postage until there is a sufficient amount of enrollment in a-post or online bill viewing. Conclusion: Promotion of e-post and other on-line options available through the new SAP billing system will reduce postage costs over time. Option #4: Move from monthly to bi-monthly billinq This option contemplates moving from current monthly billing for utilities to bi-monthly billing. The major disadvantages of this option are; reduced cash flow to the City (which would cost far more than the postage increase), perceived by customers as a service level reduction especially in situations where inaccessible meters may result in reads which cause 4-6 months to transpire between actual reads, reduced ability to provide value added services like "high bill" alerts, and the possibility of increased arrears due to inability of customers to pay large bills bi-monthly. This option would also require a reconfiguration of the existing billing system which is not feasible at this time. The advantage of this option is the reduction in postage costs and lower meter reading costs for the Enterprises. This option also involves reading meters on a bi-monthly basis. In 2002, the City made a decision to read meters monthly mainly due to a large number of customer complaints related to estimated consumption. Reading meters and invoicing bi-monthly is not recommended as this will be seen as a service level reduction resulting in a high volume of customer complaints, larger bill amounts and an increase in the number of customers who are in arrears. Further, the City's Direct Purchase program (vendors supplying customers) relies on monthly consumption information being reported and remitted on a monthly basis. This option will not solve the tax supported shortfall as tax bills would still need to be mailed out at the prescribed dates. Conclusion: Moving from monthly to bi-monthly billing is not a feasible option and would be perceived as a service level reduction by ratepayers. Further, this option would not address the tax-supported shortfall. 7 - 3 The following table summarizes the four options Option #1 Option #2 Option #3 Option #4 $2 charge for Provide incentives Continue to Move from every paper utility to switch to a-post promote a-post and monthly to bi- bill mailed out other bill view monthly billing options Pros -Recovery of -Consistent with -Recovery of partial -There will be postage costs corporate strategy postage costs savings on -Additional to reduce costs in -Ability to leverage postage as bills revenue for the the long run the implementation will only be sent utility enterprise of a new billing out bi-monthly. system (SAP) to -There will be increase the level of savings customer service associated with and provide reading meter's bi- alternatives to e- monthly. post. Cons Option #1 Option #2 Option #3 Option #4 -Customer -Unrealistic growth - Unrealistic growth - Reduced net backlash requirements in use requirements in use interest as the City -Not an of a-post. of a-post. will only receive environmentally -Many customers -Need to fund payments bi- sensible option like to receive increased costs of monthly -Staff time paper bills. postage -For high gas required to -Staff time required consumption configure billing to configure billing months, the system. system. customer will have a large payment to -Does not resolve -A $10 incentive make at one time costs for tax- may be too low to as a result of bi- supported attract customers to monthly billing, operating budget a-post. and use of (property tax bills) -Canada Post has estimates could previously spent further worsen the large amounts of situation. advertising dollars -Customers will to promote a-post consider bi- with limited monthly billing a success. service level -Customers who reduction. are currently -May not be able enrolled on a-post to detect water may demand leaks quickly if similar incentives to meters are read 7 - 4 continue. bi-monthly. -High upfront costs -Increase in due to marketing complaints due to costs related to this estimated reads. option. -Possibility of increased arrears due to inability of customers to pay large bills bi- monthly. -Staff time required to configure billing system. Budget Impact Option #1 Option #2 Option #3 Option #4 (Surplus)/Deficit *($1,400,000)- $160,000 —Deficit $124,000 —Annual Budget impact Surplus for year one of the Deficit ($93,000 for unknown due to a -Approximately promotion. 9 months in 2014) number of factors $1.4M would be Assumptions Assumptions such as: generated in -Promotional -Based on historical -Additional revenue as a budget of$60,000 trends arrears/write-offs result of the $2 that may occur as chargeback. -Assumes an a result of *-If more additional 10% of customers not customers enroll customer enroll for being able to pay for a-post as a e-post higher utility bills. result of the $2 -A 10% enrollment -Additional staff charge, expected for a-post will result time required to revenue will be in savings of reconfigure the lower than $1.4M approximately existing billing as the $2 charge $25,000 per year system. will not apply for customers enrolled on e- post. 7 - 5 ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: Foundation: Effective and Efficient Government Goal: Financial Management Strategic Direction: Maximizing value through cost effective service delivery. FINANCIAL IMPLICATIONS: Option #1: If a charge of $2 per bill was implemented, it is expected that approximately $1,400,000 in revenue will be generated. This is based on the assumption that there will be no net change in enrollment for a-post. This will offset the enterprise postage shortfall of $43,000 but not address the tax-supported shortfall of$50,000. Option #2: Providing incentives to switch to a-post is expected to cost approximately $60,000 in marketing and promotions. If we assume an increase of 10% enrollment for a-post, it is expected that this option will still cost the City approximately $160,000. Option #3: If the City was to continue to promote a-post and other bill view options once a new financial system is implemented, it is expected over time there could be significant savings as a result of combining a-post and online bill viewing options. In the short-term (2014 Budget), it is expected that the postage budget lines will incur a deficit variance of approximately $93,000 ($124,000 annualized - $57,000 tax-supported and $67,000 enterprise). In addition, the increased costs for postage will need to be budgeted for in 2015. Option #4: The financial impact of moving to bi-monthly billing cannot be estimated at this time mainly due to unknown factors such as a possible increase in write-offs and additional staff time to reconfigure the existing billing system. CONCLUSION: The increased cost of postage implemented by Canada Post has created a budget challenge for The City of Kitchener. It will cost an additional $93,000 in extra postage for the 2014 Budget year. Staff have identified four options to fund this shortfall in the postage budget lines. All four options presented require the continuous promotion of a-post to help reduce costs for both the customer and the City. In view of the considerations outlined above, staff recommend option #3 be implemented. In addition to promoting a-post, the recommended option involves leveraging the implementation of a new billing system to allow customers to view their bills online. It is anticipated with the availability of the online bill view feature, customers will be more likely to forego receiving a paper bill. In summary, staff will continue to promote a-post in partnership with Canada Post and aggressively pursue the online bill view feature when the new billing system is implemented. ACKNOWLEDGED BY: D. Chapman, Deputy CAO, Finance and Corporate Services & City Treasurer 7 - 6 APPENDIX A- ELECTRONIC BILL PRESENTMENT(e-post) What is a-post? E-post is a service that is provided by Canada Post where customers can access their bills online. How it works? E-post allows customers to check bills and statements in one place with no requirement to remember multiple user names and passwords for multiple web sites. Customers can also store bills and statements electronically for up to seven years. Why the City went with a-post? Customers who did not want a paper bill requested that the City provide an alternative for customers to receive their utility and property tax bills electronically. The Municipal Act at the time required that the delivery of property tax bills be done by Canada Post. The Municipal Act has since been revised and there is no longer the requirement that property tax bills have to be delivered by Canada Post. Why stay with a-post? E-post currently is the only option the City has in terms of delivering online bills. It is also a cheaper alternative (currently at 0.35 cents per transmission) when compared to mailing out paper bills. How will implementation of a new billing system help? The City is currently in the process of implementing a new billing system (SAP). It is expected that an online bill viewing option will be one of the new features that will be available to customers. Further, as part of the implementation project an option to send out electronic bills in-house will also be investigated. 7 - 7