Summary
To: Town Commission
Through: Gay Lancaster, Town Manager
From: Amy Lockhart, Interim Finance Director
Date: 8/3/2024
______________________________________________________________________
Subject:
Title
Solid Waste Rate Proposal
Summary:
Due to increased expenses and the need to create a savings account for future acquisition of a new automated side loader truck, the staff is recommending a 5% increase to the current rates. The proposed FY2025 rate structure is as follows:
|
Category |
FY2024 Monthly Rates |
FY2025 Proposed Monthly Rates |
Difference |
|
Residential Single |
$55.57 |
$58.35 |
$2.78 |
|
Residential Multi |
$26.22 |
$27.53 |
$1.31 |
|
Commercial |
$48.99 |
$51.44 |
$2.45 |
The Finance Board reviewed the proposed rate structure, and recommends approval.
End
Body
Recommendation: Staff recommends approval of the proposed Solid Waste rate structure.
Proposed Motion: I move to direct the Town Attorney to draft an ordinance reflecting the proposed Solid Waste rate structure.