DATE: January 30, 2024
TO: Mayor and City Council
FROM: Director of Public Works
SUBJECT
Title
Adopt a Resolution Approving Garbage and Recycling Rate Adjustment for 2024-2025
End
RECOMMENDATION
Recommendation
That Council adopts a resolution (Attachment II) approving the recommended garbage and recycling annual rate adjustment of 3.73% for all residential and commercial accounts effective March 1, 2024.
End
SUMMARY
Refuse rates typically increase on March 1 of each year, in accordance with the Franchise Agreement between the City and Waste Management of Alameda County (WMAC) that became effective on March 1, 2023, and expires February 28, 2033. Rate Year Two (RY2) of the Franchise Agreement will commence on March 1, 2024. Per the Franchise Agreement, the rates for RY2 shall be set based on a Consumer Price Index (CPI) adjustment to WMAC’s current revenues. The calculated RY2 increase is 3.73%.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution
Attachment III WMAC Rates Survey