Summary
To: Mayor Gary H. Katica, Commissioners
From: JP Murphy, Assistant Town Manager
Date: 1/30/2017
______________________________________________________________________
Subject:
Title
Ordinance 508 - Amending Utility Rates
Summary:
As considered during the setting of the 2017 fiscal year budget, Ordinance 508 amends the fee schedule for water and solid waste charges. The increases for both water and solid waste is proposed at 5% for monthly service charges. The increases are requested to maintain revenue sufficiency with the rising costs of expenditures for operating supplies, labor, and capital expenditures.
End
Body
Previous Commission Action: The Commission approved the 2016-2017 fiscal year budget with these proposed increases. Ordinance 508 was approved January 17, 2017 on first reading.
Background/Problem Discussion: N/A
Expenditure Challenges N/A
Financial Implications: N/A
Recommendation: Staff recommends the rate increase as proposed.
Proposed Motion Move approval of Ordinance 508 as proposed, amending the utility rates on second reading.