Agenda - 04-13-2004-9c - Laserfiche WebLink

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I c7 showed that this split reasonably reflects an accurate allocation of administrative staff time between the two functions. • Debt financing of land improvement/acquisition (Transfer Station, C&D Resale Store, Administration Office Building, land acquisition, Relocation of Processing Pad, Closure) is assumed at 6 percent. • Debt financing of future equipment and vehicles is not a fundamental assumption (beyond the equipment debt already being financed), however; based on level of reserve balance and favorableness of loan rates, vazious equipment maybe periodically debt Financed, • Analysis assumes and has incorporated new costs associated with implementation of the WRRRF such as a new (time-limited) position in Tax Collection that will serve as administrative support for_the WRIZRF program. • A Gantt chart (Attachment B) is provided to indicate schedule of key new expenditures over the planning period. RESERVES ASSUMPTIONS • Fund Balance (undesignated) is estimated to be maintained at a minimum 14 percent • Equipment reserve fund for both disposal and recycling is assumed to be established as a restricted fund to finance capital equipment and vehicles purchases and to minimize variability in revenue requirements • Projected existing June 30, 2004 fund balance of $1,963,201 is to be applied toward maintenance ofmininnun 14 percent fund balance for entire fund (including recycling division), reestablishment oflandfill equipment reserve fund, and subsidizing recycling fees for five years • No landfill closure reserve fund is proposed or included in any expenditure estimates PROGRAMS/SERVICES ASSUMPTIONS • No assumptions are made regarding new emergency storm debris management facilities/services • C&D recycling functions are integrated into disposal operations and are not included in recycling expenditure/revenue estimates; these recycling activities are not funded by recycling fees • No additional materials are assumed to be added to existing recyclable materials presently collected during the 10-year planning period, with the exception of batteries at curbside and drywall • A Materials Recovery Facility (MRF)and its attendant program expansions are not included in this 10-Year Plan -Recycling program expansions have been minimized in response to elimination ofexpanded processing capabilities • Minimal prograzn expansions are assumed in the financial plan including: • 500 homes/year plus in-fill for existing routes added to ntral curbside program • in-fill development and atmexations only in urbazi curbside program • 2 sites added in FY 04/05 and no additional expansions for food waste program • no net expansions of the restaurant and bar glass program