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minpws-fin 07-19-21
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minpws-fin 07-19-21
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Last modified
9/10/2021 9:54:03 AM
Creation date
9/10/2021 9:54:17 AM
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Office Of Council
Document Type
Finance
Date
7/19/2021
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7/23/2021 <br /> Noir-residen l:ial ti roi,ero-:ie l by I::RU <br /> ems¢ vewewxomeovnw ���^ X03 <br /> 69%of non-residential properties S6/month or under <br /> giOi6 of non-residential properties Szo/month or under <br /> Ir—Pl- <br /> 2,1 <br /> PvnKxTv.�noe <br /> a°�n�a cmu so so •^^ 67 <br /> ramaw�e R•a�leauorrexcoa �3 z >_ >_ >_ z z >_ <br /> 13 14 <br /> Annual Commirntty 5,,111191 21/11111119 Total of Annual Com mlmny Savings <br /> :3.,3so,ss. <br /> The proposed reduction to thewater and sewer ratessaves a typical customer approximately$8.49 <br /> per bill after 2023.Each$5M reduction in the ARPAfunding would reducethe savings on a typical <br /> customer bill by about$1.75.For example,the proposed$8.49 savings would be reduced to$6.75 <br /> savings if the City used$20M in ARPA funds,and so on. <br /> 15 16 <br /> � h <br /> VSolution:American Rescue Plan Act(ARPA)Funding <br /> F � <br /> p � ;f ' a®e ®: L-Icewood- Icc[rq in ll.:cive Xl�] <br /> millio11 <br /> r , <br /> n <br /> did <br /> I'll VV a tel Lalcewo od <br /> This funding can help make water <br /> and sewerrates mom affordable in <br /> the short-term ^ " <br /> p� <br /> a t, t n <br /> ................. <br /> t l i. Ili Ind <br /> or9rorl, ad rd11 trc_-11pac[cd by 4 r <br /> ffieCOVID-9t-'d1m" <br /> 17 18 <br /> 3 <br />
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