Item Coversheet
City of Bainbridge Island
City Council Agenda Bill		 
PROCESS INFORMATION
Subject: Ordinance No. 2017-23, Providing for No Automatic Annual Fee Adjustment to the City's Water Utility Rates for 2018, AB 17-162 - Finance (Pg. 141)Date: 9/26/2017
Agenda Item: CONSENT AGENDA - 8:25 PMBill No.: 17-162
Proposed By: Ellen Schroer, Finance DirectorReferrals(s):  
BUDGET INFORMATION
Department: FinanceFund: Water Fund
Expenditure Req: Budgeted? Budget Amend. Req?  

REFERRALS/REVIEW
:  
Recommendation:    
City Manager:  Legal:   YesFinance:  
DESCRIPTION/BACKGROUND

Section 13.16.060 of the Bainbridge Island Municipal Code provides for an annual automatic rate increase equal to the annual percentage increase in the United States Consumer Price Index, All Urban Consumers (CPI-U) for November of the preceding year, unless the City Council determines by December 31st of any year that the adjustment shall be another amount or shall not occur for the next year.

 

The budget proposed for 2018 does not assume an increase to the water utility rates.



RECOMMENDED ACTION/MOTION

Approve Ordinance No. 2017-23 with the Consent Agenda.

ATTACHMENTS:
DescriptionType
Ordinance No. 2017-23Backup Material