Agenda - 02-18-1999 - Attachment 7

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t rIT~MQh 1 ~a+' a ~a Iv~MORANnvIK TO: Alternative Finance Committee FROM: Gayle Wilson, Solid Waste Director SUBJECT: Availability Fees and other Financing Mechanisms DATE: - November 24, 1998 This report and accompanying tables and graphs are intended to answer questions raised at the Alternative Finance Committee meeting on October 20. BACKGROUND The objectives in the creation of the Alternative Finance Committee were to examine the need for. additional funding sources to provide for the expansion of recycling programs called for in the Integrated Solid Waste Management Plan, to examine the risks inherent in the current funding scheme which relies solely on tipping fee revenues, and the inequities in the current funding scheme. Excerpts from I~R's report "Alternative Financing Strategies for Solid Waste Management Programs, Final Report" include the following: • LOG program funding needs- will increase substantially in future years, as new programs are implemented to reach the,6196 waste reduction/recycling goal adopted in the Solid Waste Management Plan. • A number of local governments in North Carolina have implemented "Availability Fees" to pay for solid waste disposal facilities as well as waste reduction and recycling programs. • The LOG should consider the use of Availability Fees to fund current and/or future LOG waste reduction and recycling programs. - During. the Committee's discussion of the consultant's report, .the following questions were raised. 1. ff only tipping. fee revenues were used to finance solid waste management activities, what would the tipping fees needs to be, and what would be the impact on property taxes? 2. What would be the impact on property taxes if the full costs. were covered directly by Property taxes? ~ . ,~ . 3. What are the issues raised by each jurisdiction establishing, implementing and administering its own fees? ~ . - 4. What are the issues raised by non-taxed properties?