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Item 3: Ratification of MWMC Budget
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Item 3: Ratification of MWMC Budget
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5/23/2011 9:40:12 AM
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Agenda Item Summary
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5/23/2011
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Metropolitan Wastewater Management Commission Budget and Program Summary <br />In FY 10-11, there was a 5% user rate increase over the FY 09-10 rates providing for Operations, <br />Administration, Capital programs, reserves and debt service to be funded at sufficient levels to meet FY <br />10-11 requirements. <br />The FY 11-12 budget is based on a 4% user rate increase over the FY 10-11 rates. This increase will <br />continue to provide for Operations, Administration, Capital programs, reserves and debt service and meet <br />capital and operating requirements, and support the Commission’s Financial Plan policies, and covenants <br />associated with MWMC’s 2006 and 2008 revenue bonds. <br />The figure below compares the regional component of average monthly residential sewer rates. <br />ÆÐ㪱ÆÃªÃ±ÂªÃYÂ_Æ3+++2432 <br />2/È44 <br />24È44 <br />3/È44 <br />34È44 <br />/È44 <br />4È44 <br />3+++24442443244224412440244/244.244-244,244+243424332432 <br />¦ <br />Page 15 DRAFT FY 11-12 BUDGET AND CIP <br />
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