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<br />e <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: Se tember 10 2001 <br /> <br /> <br />Appropriation <br /> <br />Requested By: C nthia B. Alexander <br /> <br />Source of Funds: N/A <br /> <br />Department: Finance <br /> <br />Account Number: N/A <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />xx <br /> <br />Amount Budgeted: N/A <br /> <br />Exhibits: <br /> <br />Amount Requested: N/A <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The Fiscal Year 2001-02 Budget was built around a 4% reduction in Water and Sewer rates. This entails <br />reducing the base residential water rates from $6.25 to $6.00, and base residential sewer rates from $5.75 <br />to $5.52. We are not proposing an adjustment to the sewer cap of $27.50. <br /> <br />These actions will result in a total 53.8% reduction in sewer rates; and 13.7% in water rates, over the last <br />6 years. <br /> <br />Sewer Rates <br /> <br />1996-97 <br />11.95 <br /> <br />2001-2002 <br />5.52 <br /> <br />Water Rates <br /> <br />1996-97 <br />6.95 <br /> <br />2001-2002 <br />6.00 <br /> <br />Action Required by Council: <br /> <br />Approve Ordinance reducing the Water and Sewer rates. <br /> <br />Approved for City Council Af!enda <br /> <br />CR~ T. W~ <br />Robert T. Herrera, City Manager <br /> <br />q.~.O\ <br />Date <br />