§ 17-22. Residential Payments.

Payments shall be calculated based on fixed per customer rate multiplied by the pro-rated number of City active residential solid waste customers. “Actual Service” will be linked to the status of utility services at the residence; with or plus the number of residential solid waste customers on “vacation status” billed at the 25% vacancy rate.

The rates shall be adjusted annually on each anniversary date beginning October 1^st to reflect an increase based on the Consumer Price Index for all Urban Consumers (Water, sewer and Trash collection Services) or two and one-half percent (2.5%), whichever is greater, but not to exceed three percent (3%) without further need for Commission action. In addition, should the price of diesel fuel increase or decrease by an extraordinary rate of ten percent (10%) of the base rate of $2.75 per gallon, the Contractor or the City may petition and shall be granted a pass through cost increase or decrease based on monthly gallons used and difference in price to calculated and allocated per customer per month. Should the fuel cost not exceed the ten percent (10%) threshold, the rate would be adjusted via the CPI. Should the fuel cost fall below the $2.75 per gallon, the CPI calculation will be lowered for the fuel cost portion. Example: If a fuel cost adjustment is required and fuel cost represents ten percent (10%) of the Contractor’s operating budget then the CPI will be reduced ten percent (10%) before the fuel cost adjustment is added or if the fuel cost falls below $2.75 per gallon the CPI will be reduced the ten percent (10%).

The same formula will apply to the Commercial customers. The fuel cost will be calculated and allocated per cubic yard.

(Ord. No. 2018-02, § 1, 02-20-2018)