Commission Meeting Agenda Item

(The Commission previously approved this resolution on August 1, 2022, but an advertising requirement was not fulfilled prior to that approval. That requirement has now been met so approval is requested once again.)

Waste Management is increasing their rates as of June 1^st and again on October 1^st. The June 1^st increase is within our current rate of $162.00 so no action is needed.

We will, however, need to increase our rate to cover the October increase and to anticipate future rate increases so we do not have to advertise an increase every year.

We are suggesting that the rate be increased to $185.00. Lake County is currently $188.00, and they are also raising their rates.

In the past, Waste Management has increased their rates from a low of .34% to a high of 2.3%. Calculating an average increase of 1.2% over the next 6 years, we should be able to cover any increases.