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4 <br /> Remaining SW Deficit = $1.5 Million <br /> • FY 2018-19 <br /> Enterprise Fund Deficit = $4.1 Million <br /> - Current GF Contribution = $2.0 Million <br /> - SW Fund Balance* = $0.5 Million <br /> Remaining SW Deficit = $1.6 Million <br /> *Residual Solid Waste Fund Balance Phase Out not included in Pro Forma model <br /> Baseline (Status Quo) Scenario <br /> • FY 2019-20 <br /> Enterprise Fund Deficit = $4.4 Million <br /> - Current GF Contribution = $2.0 Million <br /> - SW Fund Balance* = $0.3 Million <br /> Remaining SW Deficit = $2.1 Million <br /> • FY 2020-21 <br /> Enterprise Fund Deficit = $4.6 Million <br /> - Current GF Contribution= $2.0 Million <br /> - SW Fund Balance* = $0.3 Million <br /> Remaining SW Deficit = $2.3 Million <br /> *Residual Solid Waste Fund Balance Phase Out not included in Pro Forma model <br /> Financial Analysis Conclusions <br /> Status Quo (Scenario 1) <br /> • Enterprise Fund current financial structure is unsustainable. <br /> • Significant annual deficits are projected for next 5 years. <br /> • Fund subsidized by General Fund Contribution (historical precedent) and allocation <br /> from Appropriated Fund Balance (SW reserves). <br /> • Allocations from Appropriated Fund's Balance could deplete entire Fund in 5 years. <br /> • Refer to Table 1 in Appendix F of Report (page F-1). <br /> Scenario 1 (chart) <br /> Financial Analysis Conclusions <br /> Break-Even Analysis (Scenario 2) <br /> • If the historical General Fund Contribution is maintained, then break-even Fee required <br /> calculated at approximately $137 to $148 per parcel. <br /> • Refer to Table 1 in Appendix F of Report (page F-1) <br /> Break-Even Scenario <br /> • FY 2016-17 <br /> Enterprise Fund Deficit = $3.8 Million <br /> - General Fund (GF) Contribution= $2.0 Million <br /> - SW Fund Balance = $1.8 Million <br /> Yields Balanced SW Budget = $0 <br /> • FY 2017-18 <br /> Enterprise Fund Deficit = $4.0 Million <br />