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El Segundo council votes 4-1 to phase out residential solid-waste subsidy over five years
Summary
The City Council approved a plan to reduce and eliminate the city’s monthly subsidy that offsets residential solid-waste charges, moving the city from about a 29.4% subsidy toward full cost recovery by May 2029.
The El Segundo City Council voted 4-1 to begin phasing out the city’s subsidy for residential solid-waste collection, approving a staff-recommended schedule that would reduce the subsidy to zero by May 1, 2029.
City Chief Financial Officer Paul Chung told the council the phase-out was the product of nearly a year of Finance Committee deliberations and would lower the city’s current subsidy level of roughly 29.4 percent. “After a few calculations, it was recommended to phase it out over a five-year period,” Chung said, explaining the schedule and budget impacts.
The measure matters because the city has budgeted roughly $300,000 annually to…
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