Explanation
Background: This ordinance authorizes, effective January 1, 2006, an increase in Stormwater charges per Equivalent Residential Unit (ERU) from $3.2 1 to $3.37 per month.
The Sewer and Water Advisory Board met on October 28, 2005 and after reviewing the Division of Sewerage and Drainage's projected expenditures for 2006, recommends to City Council an increase of 5% in stormwater rates. This change is 1.5% less than the increase projected last year for the year 2006.
Fiscal Impact: The proposed rate increase will raise 2006 Stormwater revenues by approximately $1,100,000.00.
Title
To amend Section 1149.08(b) of the Columbus City Codes, 1959, to increase Stormwater fees that will take effect on January 1, 2006.
Body
WHEREAS, it is necessary to increase the monthly Stormwater charges from $3.21 per Equivalent Residential Unit (ERU) to $3.371 per ERU to accurately match needed revenue to estimated program expenses; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That effective January 1, 2006, Section 1149.08(b) of the Columbus City Codes, 1959, be and is hereby amended to read as follows:
1149.08 Rate Structure
(b)The charge as prescribed in the rate schedule is as follows:
$0.1053 $0.1108 per day per Equivalent Residential Unit (ERU).
SECTION 2. That this Ordinance shall take effect and be in force from and after the earliest period allowed by law.