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Waste Mgmt – Contract Renewal – Tax Rate Calculation Refuse/Garbage Fund —> $16/unit Increase from $304 to $320 Contract cost increased 6.1% for curb service & At-Your-Door Collection. Further, 2023, 2024, and current 2025 recycling costs are high, using down extra fund balance, which was already below the Town’s fund balance expected minimum amount. Tax Rate Calculation (Whole Town = 3147 units) • Garbage Cost $878,131 (6 months at $71,393 + 6 months at $74,962) • At-Your-Door $100,598 (6 months at $8,178 + 6 months at $8,589) • Recycling $30,000 (Variable – monthly average is $3,300) • Fuel surcharge / Fund Balance Policy—budgeted $0 for 2026 (will fund by bank interest) • Total Estimated Amount Needed = $1,008,729 Household Cost = $320 $16 increase from 2025’s cost of $304 • Garbage $ 279 (6 months at $22.69 + 6 months at $23.83 = $279) • At-Your-Door $ 32 (6 months at $2.60 + 6 months at $2.73 = $32) • Recycling $ 9 • Account Leeway* $ - *Account Leeway – recycling cost varies per month / diesel surcharge is unpredictable / Town’s Fund Balance policy requires the Town to keep 20% of budgeted appropriations in Fund Balance to get through the timeframe between year end and March tax collection 101