Agenda - 05-18-1999 - 9f - Laserfiche WebLink

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24 4 • Recycling Grants. - ($0.00). No revenue was anticipated from recycling grants during this fiscal year. Miscellaneous Revenue - ($30,000). This revenue is from charges against Chapel Hill Sanitation Division for night dumping operations ($30,000). Night dumping operations were suspended in November, 1998 and the year-end revenue is not expected to exceed 13,151, but there will be an offsetting savings in overtime salaries as a result of the program change. 4. Appropriated Reserves-Egnipmen~($353,000). These are funds accumulated in the equipment reserves, which were used for purchase of a replacement D6-R bulldozer ($190,000}, a used motor grader ($20,000), aroll-offtruck for recycling operations ($105,000) and miscellaneous equipment for recycling operations ($8,000). 5. Appropriated Reserves--Eubanks Constraction~$71,500). These are funds accumulated in past and present year for Eubanks Road landfill construction. The funds are being utilized for the installation of perimeter fencing at the Eubanks Road landfill. 6. Appropriated Reserves--Acquisition & Construction -($105,000). These are funds accumulated in past and present year for property acquisition and development of current or new landfill facilities. These funds were utilized for the construction of a materials separation area for the recycling program ($55,000) and for preliminary planning and development of a materials recovery facility and transfer station ($50,000). 7. Appropriated Fand Balance-($734,940). These are funds estimated to be appropriated from undesignated and available fund balance to balance the fund. See attached worksheet l~• ~ Fiscal 1999-00 1. Landfill Fees-{$3,588,800). This estimate assumes receipt of the following materials at the noted tipping fees: , Material Cost/ton Tons Total Revenue Mixed Waste $39.00 58,100 $2,265,900 Construction ~ Demo $39.00 30,000 $1,170,000 Clean Wood/Yard W. $12.00 5.400 64 800 TOTAL RECEIVED 93,500 $3,500,700 2. Interest Income---($125,000). Assumption is based upon current year rate of return (5%) and smaller total fund equity. 3. Other Revenue--($316,750). This includes the following: • Sale of scrap metal--($20,000). This assumes a comparable level of revenue as estimated in the current year. • Recycling, revenue--($99,150). This assumes some receipt of 1,300 tons of newspaper at average price of $15.50 per ton and 1,000 tons of cardboard at an average price of $25 per ton. Prices for both materials have fallen sharply in the past year but have recently been on the rise.