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63 <br />64 <br />65 P OLICY O BJECTIVE <br />66 An annual review of the City’s utility rate structure is consistent with governmental best practices to <br />67 ensure that each utility operation is financially sound. <br />68 <br />69 F INANCIAL I MPACTS <br />70 See above. <br />71 S TAFF R ECOMMENDATION <br />72 Staff recommends the rate adjustments as shown in the report. These recommendations have been <br />73 reviewed by both the Finance andPublic Works, Environment & Transportation(PWET)Commissions <br />74 and they concur with the proposed rates. <br />75 R EQUESTED C OUNCIL A CTION <br />76 Provide direction to staff on the proposed 2023Utility Rates. Final approval of the utility rates will <br />77 occur at the December 5, 2022 City Council meeting. <br />78 <br />Prepared by:Michelle Pietrick, Finance Director <br />Attachments:A:2023Rate Calculation Worksheet for Recycling Utility Fund <br />B:Ehlers presentation and Executive Summary <br />Page 4of 4 <br /> <br />