What part of the world are you in? What's the weather like lately? Snow, rain, dry, hot, cold, warm...? What's the temperature like under the mulch compared to the top?
Probably just the air-hating invisible beasties doing their thing. Perhaps inoculate with a bit of bokashi to populate it with friendly air-hating invisible beasties (anaerobic bacteria).
But then again, sewage smell can also mean sewage or other nasty things. Is it sulphuric smell, like rotten egg? There is usually a distinctly different smell from anaerobic manure issues to human sewage system issues, but it takes some
experience learning the two.
Do you have a septic tank/field? If so, how close to your garden/mulch area? Are you on
city sewer - and if so how is it maintained? Are you on a well? If so, where is it in relationship to the area you're talking about? If not, where does the city water run? What else is
underground in your neighbourhood - what else has been underground in the past? There could be something there that hasn't been maintained properly, I know there is a lot of trouble with our city and their funding to maintain the underground infrastructure - I imagine other municipalities have this problem too.