Fiscal Note
For the average residential customer of the Sewer Utility, the rate increase is projected at approximately 2.75%, which would result in an annual increase in charges of about $7.33. Average residential customers of the Stormwater Utility can anticipate a rate increase of about 4.30%, or $3.56 more annually. The average residential customer of the Landfill Remediation Fund should expect rates to decrease by $1.60 per year. Overall, the average residential customer's semi-annual bill is projected to increase about 2.59% or $9.29.
Revenues and expenses consistent with these charges have been built into the 2014 Operating Budgets of the Sewer Utility, the Stormwater Utility and the Landfill Remediation Fund, although some minor levy-neutral budget adjustments will need to be made. No additional appropriation is required.
Title
Establishing the 2014 Utility Rates for Sanitary Sewer, Stormwater and Landfill.
Body
WHEREAS, the Sewer Utility, the Stormwater Utility and the Landfill Remediation Fund are entirely self sufficient and therefore require no property tax levy support; and
WHEREAS, consistent with the standards set forth in Wis. Stat. ยง 66.0821(4), the City Engineer sets utility rates each year; and
WHEREAS, now that the 2014 City Operating Budget has been adopted and the Madison Metropolitan Sewerage District rates for 2014 have been set, it is now possible for the associated Sewer, Stormwater and Landfill rates to be formally adopted for 2014.
NOW, THEREFORE, BE IT RESOLVED that the 2014 Rate Schedules for the Sewer Utility, the Stormwater Utility and the Landfill Remediation Fund are hereby adopted; and
BE IT FURTHER RESOLVED that these rates shall go into effect on January 1, 2014.