Agenda - 02-04-2014 - 7b - Laserfiche WebLink

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approximately 0.4 cents per $100 assessed value to all taxable real property in the County to provide revenue of about $630,000. o Pros • Most easily understood, explained and administered funding option. • Stable, flexible and predictable source of funding. • Entire unincorporated area could be phased in over a relatively short period of time. o Cons • Inequitable for municipal taxpayers who would pay for municipal curbside service through a fee restricted to municipalities, but who would also contribute to general fund to pay for rural curbside recycling service. • Contrary to historical enterprise fund approach to funding many solid waste services. b) This option would provide general fund financing for urban curbside, rural curbside and multi - family recycling (residential) services county -wide (both municipal and unincorporated services). No cost analysis has been conducted on providing this multi - jurisdictional service; however cost estimates have been performed for multi - family, urban curbside and rural curbside excluding only the portion of the unincorporated area not included within the previously proposed solid waste service district. Therefore, we extrapolate that these services (including county -wide rural curbside recycling) could be provided for $3.2 million dollars or 2 cents per 100 assessed value. o Pros • Easily understood, explained and administered funding option. • Stable, flexible and predictable source of funding. • Would eliminate fee requirement for municipalities (except for portion of Chapel Hill in Durham County); reduce fee management responsibility from Towns. • Reasonably equitable between municipal and unincorporated funding participation. • Would provide for truly universal residential recycling services. • Least administrative effort by staff to manage funding for residential services. o Cons Would require Towns to agree to move from already agreed fee funding process to county general fund financing. Contrary to historical enterprise fund approach to funding many solid waste services.