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City Manager <br /> Page 2 <br /> FINANCIAL ANALYSIS <br /> Expenditure <br /> Payments to contractor , 40 , 000 x 12 x $2 . 00 $960 , 000 <br /> Inspection and supervision , City staff _ 21 .235 <br /> TOTAL $981 , 235 <br /> Revenues <br /> Estimated at present rates , $74 , 000 x 12 x 1 .005 892 . 440 <br /> DEFICIT $ 88, 795 <br /> Rate Computation <br /> $88 , 795 : $892 , 440 = 9 . 9% increase needed <br /> Present Rate Factor Needed Monthly Rate <br /> $2 . 00 x 1 . 099 = $2 . 20 single-family <br /> $3 . 30 x 1 .099 = $3 . 63 duplex <br /> $4 . 50 x 1 .099 = $4 . 95 triplex <br /> CONCLUSION <br /> An increase in refuse charges to our customers amounting to about 9 . 9% <br /> will be required to keep the refuse collection program on a self-supporting <br /> basis . This would indicate an increase from $2 . 00 to $2 . 20 per month <br /> for a single-family residence . Without the increase a deficit of $88 , 795 <br /> will accrue by the end of the 1976-77 fiscal year . <br /> Ren,, a,/ ,, <br /> Ronald E. Woff ord <br /> ms <br /> cc : Deputy City Managers <br /> Director of Finance <br /> BAMA <br />