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2025-04-15 CC Agenda Packet - ITEM D09 - Solid WasteCITY OF ELSEGUNDO City Subsidy for Collection of Solid Waste April 15, 2025 4/15/2025 Proposal to Reduce City Subsidy Phase in over 5 years * Subject to approval of Prop 218 vote City of El Segundo 1 350 Main St. El Segundo, CA 90245 t: 'S r:GU. UO 2 Proposal to Reduce City Subsidy • City Council's Strategic Goals: Identify opportunities for new revenues, enhancement of existing revenues, and exploration of potential funding options to support programs and projects • Budgetary Savings: $1001000 FY 2025-26 • Lifeline Assistance Program will continue / $3 Million in 10 Years ELSEGUNDO 4/15/2025 City of El Segundo 1 350 Main St. El Segundo, CA 90245 3 Staff Recommendations Option 1: Reduction of the Subsidy from 29.4% to 20% (decrease 5% every year till 0% subsidy) • Effective 5/1 /2025 ✓ Residents Pay 21.34 per month (increase of $2.51 in addition to the $0.57 CPI increase) ✓ City Pays 5.33 per month (20% subsidy) • City Council would need to reimpose $3.08 (increase of $2.51 in addition to the $0.57 CPI increase) effective 5/1 /25. ELSECUNDO 4/15/2025 City of El Segundo 1 350 Main St. El Segundo, CA 90245 5 Staff Recommendations Option 2: Keep City Subsidy at 29.4% • Effective 5/1 /2025 "'Residents Pay 18.83 per month ✓ City Pays $7.85 per month (29.4% subsidy) • City Council would need to reimpose $0.57 of the original subsidy effective 5/1/25 to cover the original CPI increase. Option 3: Residents Continue to Pay 18.26 / City Pays 8.41 (31.5%) per month • Due to Prop 218 limit of 5 years ELSECUYUO 4/15/2025 City of El Segundo 1 350 Main St. El Segundo, CA 90245 6 Questions? O SRGUNUO 4/15/2025 City of El Segundo 1 350 Main St. El Segundo, CA 90245 7