Starting on March 1, 2020, City of Akron trash/recycling customers will see an adjustment in their bill. Akron City Council Ordinance No. 208-2018 (link provided below), provides for curb service rates to be adjusted in accordance with the Municipal Cost Index.
The Municipal Cost Index, is designed to show the effects of inflation on the cost of providing municipal services. The rates were calculated by taking the difference between the Municipal Cost Index in June 2018 and June 2019 and calculating the difference. The difference is then divided by the June 2018 MCI to determine the percentage change.
2020 CURB SERVICE CALCULATION
| 6/1/2018 mci | 250.86 |
| 6/1/2019 | 253.27 |
| Difference | 2.41 |
| Difference Percentage | 0.96% |
The new regular rate was calculated by taking the existing rate and multiplying it by the MCI percentage change rounded to the nearest cent to determine the new rate.
| Rater Type | Existing Rate | Difference | Adjusted Rate |
|---|---|---|---|
| Regular | $22.50 | $0.22 | $22.72 |
The new homestead rate was calculated by taking the existing homestead rate and multiplying it by half the MCI percentage change rounded to the nearest cent.
| Rater Type | Existing Rate | Difference | Adjusted Rate |
|---|---|---|---|
| Homestead | $12.30 | $0.06 | $12.36 |
CLICK HERE to obtain a copy of the ordinance. Any additional questions concerning your bill, please contact the Utility Business Office at (330) 375-2554 or via email at [email protected].
