Loading...
05. Staff Report - 2024 Sewer Budgets1 Staff Report Date of Meeting: October 11, 2023, City Council Meeting To: Committee Members From: Kyle Morell, City Administrator Re: 2024 Proposed Sewer Budgets ______________________________________________________________________________ The 2024 Proposed Sewer budget is included in the packet material. The budget shows a 25% increase in User Fees per the City’s 2020 Rate Study, which is also included. The expenses were determined by Public Works Director Charlie Fischer, who will be at the meeting. The budget document also shows actual numbers from 2020-2022, the 2023 budgeted numbers, and actual expenses through June 2023. The budget is presented with different options for covering depreciation. The first budget covers 100% of depreciation, the next 75%, then 50%, and 25% and finally 0%. There is a summary sheet at the back that provides a quick view of how the varying depreciation levels change the accounts' net profitability. The Big Marine Sewer budget is presented with all users paying the same fee. No adjustment has been made for seasonal users.