EOA.C.5.c_Dollar Amount and Percentage Increase of Major Rates and Fees
Description
In the Annual Budget Document, the Budget Office presents information about the annual cost of various city services/fees for the typical ratepayer. These services and fees include Austin Energy, Austin Water, Austin Resource Recovery, the Clean Community Fee, the Transportation User Fee, the Drainage Utility Fee, and the Property Tax Bill.
For this measure, the total yearly impact for the typical ratepayer is calculated by adding the yearly rates for major service or fees:
Total Yearly Impact = Austin Energy Yearly Rate + Austin Water Yearly Rate + Austin Resource Recovery Yearly Rate + Clean Community Fee Yearly Rate + Transportation User Fee Yearly Rate + Drainage Utility Fee Yearly Rate + Property Tax Bill Yearly Rate.
After finding the total yearly impact, the dollar amount and percentage increase of major rates and fees can be calculated:
Dollar Amount Increase = Proposed Rate for Current Fiscal Year - Actual Rate for Previous Fiscal Year;
Percent Increase = Dollar Amount Increase / Actual Rate for Previous Fiscal Year
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