Fiscal Note
For the average residential customer of the Sewer Utility, the rate increase is projected at approximately 6%, which would result in an annual increase in charges of about $23.25.
Average residential customers of the Stormwater Utility can anticipate a rate increase of about 2.6%, or $3.48 more annually.
Overall, the average residential customer’s annual bill is projected to increase about 5.1% or $26.73.
Revenues and expenses that are predominantly consistent with these charges have been built into the 2022 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 2022 Operating Budget and Setting the 2022 Rates for the Sewer and Stormwater. (Citywide)
Body
WHEREAS, the Sewer Utility and the Stormwater Utility 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 2022 City Operating Budget has been adopted, the Madison Metropolitan Sewerage District rates for 2022 have been set and the operating results of 2021 are known, it is now possible for the associated rates to be formally adopted for 2022.
NOW, THEREFORE, BE IT RESOLVED that the 2022 Rate Schedules for the Sewer Utility and the Stormwater Utility are hereby adopted; and
BE IT FURTHER RESOLVED that the 2022 Operating Budgets of Sewer Utility and the Stormwater Utility shall be amended to reflect these new rates; and
BE IT FURTHER RESOLVED that the new Sewer rates shall go into effect on bills generated after May 1, 2022 for April usage; and
BE IT FINALLY RESOLVED that the new Stormwater rates shall go into effect on bills generated after April 1, 2022.