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ITEM: RESOLUTION NO. R2022-17 (PRELIMINARY TRIM RATES FOR WELLINGTON SOLID WASTE COLLECTION AND RECYCLING ASSESSMENT)
A RESOLUTION OF WELLINGTON, FLORIDA'S COUNCIL ADOPTING THE PRELIMINARY NON-AD VALOREM ASSESSMENT RATES FOR SOLID WASTE COLLECTION AND RECYCLING SERVICE FOR TRUTH-IN-MILLAGE ("TRIM") PURPOSES WITHIN THE JURISDICTIONAL BOUNDARIES OF WELLINGTON; AND PROVIDING AN EFFECTIVE DATE.
REQUEST: Approval of Resolution No. R2022-17 setting the preliminary FY 2023 TRIM rates for solid waste collection and recycling proposed at $220/unit for curbside service and $170/unit for containerized service.
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EXPLANATION: The Solid Waste Authority of Palm Beach County requests the Truth-in-Millage (TRIM) rates for Solid Waste Collection and Recycling in June to facilitate their processing.
The solid waste collection and recycling contract rates will increase for Fiscal Year 2023 based on the FY 2023 preliminary budget with cost increases due to economic impacts and the new contract beginning in 2021. The Wellington Solid Waste Collection & Recycling non-ad valorem assessment rates have been set to the amount required to cover operating costs plus use of fund reserves. The contract for solid waste collection includes an annual increase related to the CPI for Water, Sewer & Trash Collection. This indicator was at 4.02% for March 2022. In addition to a budgeted increase in the contract rate of 4.00%, Wellington has experienced a substantial increase in the number of trash bin replacements at a higher per unit expense due to a rise in materials cost.
For FY 2023, or year two of the new contract, the residential collection rate required to fund increasing expenditures is $220 per unit, a rise of $49 per residential curbside unit, and $170 per containerized unit, up $49 from FY 2022. This is the preliminary adoption and the final rates set in August may not be set higher than the rates adopted today.
The preliminary TRIM collectio...
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