Fiscal Note
For the average residential customer of the Sewer Utility, the rate increase is projected at approximately 2.7%, which would result in an annual increase in charges of about $11.18.
Average residential customers of the Stormwater Utility can anticipate a rate increase of about 6.9%, or $9.72 more annually.
Overall, the average residential customer’s annual bill is projected to increase about 3.8% or $20.90.
Revenues and expenses that are predominantly consistent with these charges have been built into the 2024 Adopted Operating Budgets of the Sewer Utility and the Stormwater Utility. No additional appropriation is required.
Title
Setting the 2024 Rates for the Sewer Utility and Stormwater Utility.
Body
WHEREAS, the Sewer Utility and the Stormwater Utility are entirely self-sufficient and therefore require no property tax levy support; and
WHEREAS, consistent Madison General Ordinances Secs. 35.02(7)(a), 35.025(4), and 37.05(4)(f), and the standards set forth in Wis. Stat. § 66.0821(4), the City Engineer sets utility rates each year, which rates go into effect upon approval by the Board of Public Works and the Common Council; and
WHEREAS, now that the 2024 City Operating Budget has been adopted, the Madison Metropolitan Sewerage District rates for 2024 have been set and the preliminary operating results of 2023 are known, it is now possible for the associated rates to be formally adopted for 2024; and
WHEREAS, the Common Council, by RES-23-00336 (File No. 77264), extended the Madison Municipal Services Customer Assistance Program to the Sewer Utility, the Stormwater Utility and the Landfill Remediation Charges, incorporating the rebate into the established utility rates and charges, which amounts will continue as reflected on the rate schedules attached to this resolution.
NOW, THEREFORE, BE IT RESOLVED that the 2024 Rate Schedules for the Sewer Utility and the Stormwater Utility are hereby adopted; and
BE IT FURTHER RESOLVED that the ne...
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