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TO: Mayor Walsh and Council Members <br />FROM: Maggie Ung, Accountant <br />DATE: November 23, 2020 <br />SUBJECT: 2021 Utility Billing and Rates <br />Attachments: <br />1. 2021 Rate Study Memo 10-26-2020 <br />2.Rate Study <br />As part of the utility fund’s budget process, staff has been looking at the rates that are needed to fund <br />our utility systems. Staff has taken a closer look at the recycling rate in order to analyze what is <br />needed in future years to maintain an operational fund. <br />Staff is recommending the following increases for next year: 10% to Water, 10% to Sewer, 1% to <br />Stormwater, and 8% Recycling. These increases next year allows the City to meet funding goals while <br />keeping rates lower in future years. <br />Recycling <br />As discussed when the recycling RFP was approved in 2020, recycling rates needed a significant <br />(60%) increase this year. Due to decrease in county grants and the uncertain recycling market, <br />2021 needs to follow with an 8% increase, 2 years of 4% increases and can go as low as 2% in <br />years to follow.