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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: February 16, 2017 <br /> Action Agenda <br /> Item No. 2 <br /> SUBJECT: Solid Waste Five Year Financial Plan and Cost Study <br /> DEPARTMENT: Finance and Administrative <br /> Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> A. SCS Engineers Final Report Bonnie Hammersley, (919) 245-2300 <br /> B. SCS Engineers Powerpoint Gary Donaldson, (919) 245-2453 <br /> C. Proposed Fee Options Powerpoint Gayle Wilson, (919) 968-2885 <br /> PURPOSE: To review Solid Waste Fee options as part of a Five Year Solid Waste Financial <br /> Plan to achieve financial resiliency. <br /> BACKGROUND: The Department of Finance and Administrative Services determined that the <br /> current programs fee of $107 was not sufficient to meet Solid Waste expense requirements in <br /> subsequent fiscal years attributed in part to a dramatic shift within the Recycling industry. From <br /> fiscal years 2010-11 to the present, the recycling market has undergone significant changes <br /> which have resulted in a decrease in recycling revenues to the Solid Waste Enterprise Fund. <br /> During the same period, operating expenses for recycling operations processing has increased, <br /> as evidenced by the tons recycled. The chart below illustrates the decrease in recycling <br /> revenues and the increase in tons recycled from FY 2010-11 through FY 2015-16. The Solid <br /> Waste Enterprise Fund has had to utilize fund balance to offset the decline in recycling <br /> revenues. <br /> 16,000 $900,000 <br /> 15,500 $800,000 <br /> 15,000 $700,000 z <br /> I $600,000 Q <br /> 14,500 $500,000 ' <br /> cro <br /> 14,000 $400,000 <br /> < <br /> 13 500 $300,000 <br /> $200,000 fD <br /> 13,000 <br /> $100,000 <br /> 12,500 $0 <br /> FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 <br /> Fiscal Year <br /> —111—Tons f$ Revenue <br />