Fiscal Note
The proposed resolution amends the 2020 Adopted Operating Budget and sets the 2020 rate amounts for the Sewer Utility, Stormwater Utility, and Landfill.
For the average residential customer of the Sewer Utility, the rate increase is projected at approximately 5.6%, which would result in an annual increase in charges of about $19.07. The 2020 Adopted Operating Budget anticipated a 7% increase; the primary driver of this increase is changes to Madison Municipal Sewage District charges.
Average residential customers of the Stormwater Utility can anticipate a rate increase of about 14.8%, or $15.52 more annually. The 2020 Adopted Operating Budget anticipated a 9% increase; the primary driver of this increase is the cost of the City's flood studies.
Average residential customers of Landfill can anticipate a rate increase of about 7.7%, or $0.60 more annually. The 2020 Adopted Operating Budget did not anticipate an increase to Landfill rates; the primary driver of this increase is an increase in the City's Cost Allocation Plan-related charges to Landfill.
Overall, the average residential customer’s annual bill is projected to increase about 7.7% or $35.19 in 2020.
Revenues and expenses consistent with these charges have been built into the 2020 Operating Budgets of the Sewer Utility and the Stormwater Utility, although some levy-neutral budget adjustments will need to be made (detailed out in the attached pdf). No additional appropriation is required.
Title
Amending the 2020 Operating Budget and Setting the 2020 Rates for the Sewer, Stormwater and Landfill. (City Wide ADs)
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. § 66.0821(4), the City Engineer sets utility rates each year; and
WHEREAS, now that the 2020 City Operating Budget has been adopted, the Madison Metropolitan Sewerage District rates for 2020 have been set and the operating results of 2019 are known, it is now possible for the associated rates to be formally adopted for 2020.
NOW, THEREFORE, BE IT RESOLVED that the 2020 Rate Schedules for the Sewer Utility, Landfill and the Stormwater Utility are hereby adopted; and
BE IT FURTHER RESOLVED that the 2020 Operating Budgets of Sewer Utility, Landfill and the Stormwater Utility shall be amended to reflect these new rates; and
BE IT FURTHER RESOLVED that Sewer rates shall go into effect on bills generated after May 1, 2020 for April usage; and
BE IT FINALLY RESOLVED that Landfill and Stormwater rates shall go into effect on bills generated after April 1, 2020.