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<br />. . . <br />I 4. A weighted percentage cost increase for these expense factors <br /> could be calculated as follows: <br /> a. (M::WS) .034 x .60 = 2.04% <br /> b. (Labor) .035 x .16 = .56% <br /> c. (Other) .035 x .24 = ~ <br /> Total calculated cost increase Lffi <br /> 5. Translating this calculated cost increase into rates and being <br /> consistent wit..'1 prior year pricing practices yields the <br /> following recamended 1995 Sanitary Sewer Utility pricing: <br /> 1994 Recc:mnended Increase <br /> Service DP-scrintion ~ 1995 Rate Ml!; KI' <br /> Residential Qtrly Flat $51. 95 $53.95 $2.00 3.8% <br /> Senior Qtrly Flat $25.95 $26.95 $1. 00 3.8% <br /> Per 1000 Gallon Consump. $ 2.69 $ 2.79 $ .10 3.7% <br /> Req).1"'st: <br /> I MJUld encourage you to consider this item for diSCUSSion as new <br />, business at the October 10, 1994 Cbuncil Meeting. If Cbuncil chose to <br /> take action at that tirre, sufficient tirre w:lUld be available to <br /> include a "Notice of Water and Se\;er Utility Rate Clanges" insert with <br /> the third quarter (nailed aOOut 10\14\94) utility billings. Fourth <br /> quarter billings will not be mtiled until approximately 1\17\95. <br />- <br />~. <br />