Summary
To: Town Commission
From: Ashley L. A. Bernal
Date: 8/17/2021
______________________________________________________________________
Subject:
Title
First Reading of Ordinance 537
Summary:
As considered during the setting of the 2021-2022 fiscal year budget, Ordinance 537 amends the fee schedule for solid waste charges and late fees. The increases for solid waste are proposed at 10%. These percentage increases would take effect on September 7, 2021. The increases are requested to maintain revenue sufficiency with the rising costs of expenditures for operating supplies, labor, and capital expenditures.
Following this, staff is proposing an increase of 6% to take effect on October 1, 2022, as well as a 6% increase to take effect on October 1, 2023. The increase in rates is shown in Exhibit A respectively.
The proposed increase in solid waste will be on all service charges for residential customers and commercial customers. A full listing of all proposed future rates is provided in the attachment.
Body
Previous Commission Action: Commission approved a one-time rate increase in 2019 related to the approval of the 2019-2020 budget, as well as a one-time rate increase in 2017 related to the 2016-2017 budget.
Recommendation: Staff recommends the rate increases as proposed.
Proposed Motion: Move approval of Ordinance 537 as proposed, amending the fees and rates on second reading.