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11
<br />Orange County, NC
<br />Financial Plan and Rate Study for Solid Waste Enterprise Fund
<br />Scenario 7 Phase -Out of General Fund Contribution and
<br />Increase of Solid Waste Programs Fee
<br />Revenue Source
<br />FY 2016 -17
<br />FY 2017 -18
<br />FY 2018 -19
<br />FY 2019 -20
<br />FY 2020 -21
<br />Solid Waste Programs Fee
<br />$107
<br />$148.42
<br />$158.63
<br />$157.79
<br />$186.14
<br />General Fund Contribution
<br />$2,004,719
<br />$1,500,000
<br />$1,000,000
<br />$500,000
<br />$0
<br />With the exception of Scenario 7, the six Model scenarios each have two iterations (sub -
<br />scenarios), as described below:
<br />• Sub - Scenarios A, modeled without General Fund Contribution; and,
<br />• Sub - Scenarios B, modeled with General Fund contribution.
<br />Note that Scenario 6, the transfer station scenario, includes additional sub - scenarios A.1, A.2,
<br />B.1, and B.2. The sub - scenarios 1 and 2 correspond to hypothetical transfer station operations in
<br />which waste is accepted from 1) only Orange County and the three Towns and 2) Orange
<br />County, the three Towns, and other waste disposers, respectively.
<br />Model Results
<br />The table below (and also in Section 2.1.8, Exhibit 13) shows the Modeled Budgetary Gap for
<br />the initial iteration for each of these seven scenarios, which reflects sub - scenario "A" (without
<br />General Fund contribution).
<br />Scenario Modeling Results — Projected Fund Budgetary Deficit
<br />Scenario
<br />FY 2016 -17
<br />FY 2017 -18
<br />FY 2018 -19
<br />FY 2019 -20
<br />FY 2020 -21
<br />1 A — Status Quo: $107
<br />($3,784,759)
<br />($4,020,216)
<br />($4,069,322)
<br />($4,350,009)
<br />($4,597,730)
<br />2A — $130
<br />($2,400,665)
<br />($2,620,897)
<br />($2,654,610)
<br />($2,015,480)
<br />($3,151,723)
<br />3A — $150
<br />($1,197,105)
<br />($1,404,097)
<br />($1,424,426)
<br />($1,676,019)
<br />($1,894,327)
<br />4A — Break Even
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />5A — All Funding through
<br />($10,223,805)
<br />($10,530,091 )
<br />($10,650,806)
<br />($10,099,634)
<br />($11,324,803)
<br />General Fund
<br />6A.1 —Construct TS
<br />Scenario: OC & Town
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />Waste Only
<br />6A.2 — Construct TS
<br />Scenario: OC, Town, &
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />Other Disposers
<br />7A — Phase -Out General
<br />Fund Contribution
<br />($1,780,040)
<br />$0
<br />$0
<br />$0
<br />$0
<br />Approach
<br />ES -4
<br />
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