ITEM TITLE:
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Consider adopting a resolution authorizing increases in water, sewer, refuse, and landfill rates as set forth in Exhibit “A” of the Resolution and establishing an effective date.
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INITIATOR: Michael Cleghorn, City Manager
STAFF INFORMATION SOURCE: Donald Moore, Finance Director
BACKGROUND: Attached for the Lawton Water Authority’s consideration is a resolution implementing a 1.5% increase in water, sewer, refuse, and landfill rates for all customers as set forth in Exhibit “A” of the Resolution. These increases are in accordance with the FY 2021-2022 adopted budget for the City of Lawton as well as Resolution 02-97 to recommend annual minimum utility rate adjustments based on the increases of the consumer price index. The resolution also implements a $0.50 increase in the rolling stock fee, which is in accordance with the FY 2021-2022 adopted budget for the City of Lawton.
EXHIBIT: Resolution 2021-_____, Exhibit “A”
KEY ISSUES: None
FUNDING SOURCE: N/A
STAFF RECOMMENDED COUNCIL ACTION: Adopt Resolution 2021-_____.