Summary
To: Town Commission
From: Ashley L. A. Bernal
Date: 8/24/2021
______________________________________________________________________
Subject:
Title
Second Reading of Ordinance 537
Summary:
Ordinance 537 was approved on first reading at the August 17th regular meeting. 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% the first year, 6% for 22/23, and 6% for 23/24. These percentage increases would take effect for the first billing in October of each year. The increases are requested to maintain revenue sufficiency with the rising costs of expenditures for operating supplies, labor, disposal and capital expenditures.
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.