AGENDA TITLE:
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Set Public Hearing for March 20, 2024, to Consider Adopting a Resolution Pre-Approving Proposition 218 Consumer Price Index-Based Annual Adjustment to Rates for Solid Waste Collection (PW)
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MEETING DATE:
February 21, 2024
PREPARED BY:
Public Works Director
recommendation
RECOMMENDED ACTION:
Set Public Hearing for March 20, 2024, to Consider Adopting a Resolution Pre-Approving Proposition 218 Consumer Price Index-Based Annual Adjustment to Rates for Solid Waste Collection
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BACKGROUND INFORMATION:
The franchise agreement with Central Valley Waste Services allows rates for solid waste collection to be adjusted annually, on April 1st.
Section 10b and 10d of the franchise agreement allows Central Valley Waste Services the option to:
(a) adjust rates equal to 80 percent of the annual change in the Consumer Price Index (CPI) for all Urban Consumers for San Francisco-Oakland-San Jose, California Area, all Items (1982 - 84 = 100), plus an adjustment for extraordinary increases in landfill fees, fuel and energy costs, and changes in law, up to 100 percent of the change in the CPI, or
Central Valley Waste Services is requesting the option to increase rates by 80 percent of the annual change in the CPI (option a) plus an adjustment for increased landfill gate fees at County owned disposal sites. The annual change in the CPI is 3.666 percent. The increase in rates based on 80 percent of the CPI change is 2.933 percent and 0.723 percent for the landfill gate fee increase. The total rate adjustment requested is 3.656 percent.
For most residential customers, the rate increase will be $1.36 per month. The effective date of the proposed rates is April 1, 2024. The complete schedule of proposed rate changes is shown in Exhibit A.
STRATEGIC VISION:
3D. Fiscal Health: Anticipate and advocate against unfunded mandates.
FISCAL IMPACT:
Franchise and billing fees paid to the City will increase by approximately $67,000 annually.
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