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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: September 11. 2006 <br />Requested By: Michael Dolby ~. <br />Department: Finance <br /> <br />Appropriation <br /> <br />Source of Funds: N/A <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 />Amount Requested: N/A <br /> <br />Exhibits: <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The Fiscal Year 2006-07 Budget was built around an increase to Water and Sewer rates. This entails <br />increasing the base residential water rates from $6.95 to $7.95, and base residential sewer rates from <br />$6.75 to $8.25. <br /> <br />Sewer Rates <br /> <br />2005-2006 <br />6.75 <br /> <br />2006-07 <br />8.25 <br /> <br />Water Rates <br /> <br />2005-2006 <br />6.95 <br /> <br />2006-07 <br />7.95 <br /> <br />Staff is also recommending that the cap for sewer rates be increased to $35.00. <br /> <br />Action Required bv Council: <br /> <br />Approve Ordinance increasing the Water and Sewer rates. <br /> <br /> <br />q--w-o~ <br /> <br />Date <br />