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HomeMy WebLinkAbout2025.03.03 RESO 2025-5 Water and Sewer Rates RESOLUTION 2025 - 5 RESOLUTION ADOPTING A PRO FORMA FINANCIAL GUIDE FOR WATER AND SANITARY SEWER OPERATIONS FOR THE 2025 FISCAL YEAR AND ESTABLISHING SERVICE RATES WHEREAS, the Finance Department has developed a pro forma financial guide for water and sanitary sewer operations for the 2025 fiscal year; and WHEREAS, it is necessary to provide adequate revenue for water and sanitary sewer operations as contained in the pro forma financial guide; and WHEREAS, the water and sanitary sewer service rates recommended herein reflect the true and actual expenses incurred by the city for the services being provided. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Hugo, Minnesota, as follows: 1. The pro forma financial guide for water and sanitary sewer operations for the 2025 fiscal year, attached hereto and made a part of this resolution, is hereby approved. 2. The water and sanitary sewer service rates for the 2025 fiscal year, attached hereto and made a part of this resolution, are hereby approved and shall remain in effect until altered by resolution of the City Council or until otherwise altered by law. 3. The Finance Department is hereby directed to provide notice to all municipal utility customers advising them of the water and sanitary sewer service rates approved herein. 4. The Finance Department is hereby directed to develop a pro forma financial guide and recommended service rates on an annual basis going forward. Upon roll call, the following Members voting AYE: Krull, Petryk, Strub, Weidt Upon roll call, the following Members voting NAY: None Whereupon said resolution was declared passed and adopted 's 3rd day of March 2025. Tom Weidt, Mayor ATTEST: Michele Lindau, City Clerk