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Committee approves fund advance to stabilize sanitation operations while new rates phase in
Summary
The finance committee approved a fund advance to cover operating costs of the sanitation fund while planned rate increases are phased in; residential rates rose from $16 to $18 July 1, 2024, and will rise to $20 July 1, 2025.
The Medina City Council finance committee approved an advance to the sanitation fund to stabilize operations while scheduled rate increases phase in.
Staff explained residential sanitation rates increased from $16 to $18 per dwelling unit effective July 1, 2024, with a planned further increase to $20 per dwelling unit on July 1, 2025. Commercial rates were also increased earlier. The requested fund advance will provide necessary operating cash until the higher rates are collected citywide.
Committee members discussed the timing and indicated the advance is intended as a short-term measure to smooth operations while new revenues take effect. No specific dollar amount for the advance was stated in the committee portion of the transcript; staff said the advance is intended to “stabilize the fund” and that the increases will cover operational costs once fully implemented. The motion to advance funds carried on a voice vote.
