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SFPUC authorizes transfer of unclaimed customer credits (~$254,000) to water/wastewater surplus funds

San Francisco Public Utilities Commission · March 10, 2009
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Summary

The commission approved a staff motion to transfer roughly 6,239 unclaimed customer credit balances totaling about $254,000 to water and wastewater surplus funds, with approximately $94,000 allocated to water and $161,000 to wastewater; the motion passed after a roll call of 'Aye.'

The San Francisco Public Utilities Commission voted to authorize the general manager to transfer unclaimed customer credit balances on closed accounts that remained unclaimed for three years into the water and wastewater unappropriated surplus funds.

Todd Reekstrom, the commission’s CFO and assistant general manager for business services, told commissioners there are…

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