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Monona staff recommends 20% sanitary sewer rate increase; committee approves and advances to council
Summary
City staff told the Finance & Personnel Committee that a 20% increase in sanitary sewer rates is needed to meet revenue-bond covenants after two years of higher-than-expected charges from the regional sewerage authority and increased debt service; the committee voted to approve the increase and forward it to the City Council.
City of Monona staff told the Finance & Personnel Committee on June 16 they will seek a 20% increase in sanitary sewer rates to meet bond covenants and cover larger-than-expected charges from the regional sewerage authority.
“I'm requesting a 20% rate increase in the sewer utilities,” Mark said, citing three drivers: higher charges from the regional sewerage authority, recent increases in the city's debt-service obligations, and relatively flat sewer usage that reduces revenue growth.
Mark told the committee that…
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