Sanitation Fund FY 2014/15 Budget Workshop 1 Sanitation Fund FY - PowerPoint PPT Presentation

Sanitation Fund FY 2014/15 Budget Workshop 1

Sanitation Fund – FY 2014/15 Proposed Budget FY 2014/15 Financial Overview  Revenues: Operating revenues for FY 2014/15 are projected to be approximately $53,300  or -0.7% lower than operating revenues budgeted in the current fiscal year.  Expenses:  Total Sanitation Expenses decrease by -1.5% or $107,320  Operations: Decrease of $108,201 or -1.7% A decrease of $150,000 in apartment and condominium reimbursements as a  result of apartments no longer being eligible for reimbursement A contractual increase of $24,138 for the curbside municipal solid waste  collection contract and municipal solid waste disposal tipping fees 2

Sanitation Fund – FY 2014/15 Proposed Budget FY 2014/15 Financial Overview (continued)  Non-Operating Expenses: Remain Unchanged $15,000 set aside in Capital Outlay to continue upgrades/repairs to landfill gas  collection system. A transfer to capital reserve of $95,000 for engineering and consulting services  for preparing an application to DEEP to expand the capacity of the landfill. 3

Sanitation Fund – FY 2014/15 Proposed Budget Future:  Landfill Expansion: Construction of vertical MSE walls to expand capacity without increasing  overall maximum height or footprint of Landfill Constructed as two distinct phases  Estimated Volume gain of up to 800,000 CY  $24 to $35 million in revenue  Additional Site Life 3.5 to 6.7 years  Construction cost $5.0 to $6.2 million. (both phases)  Design funds approved in FY14 budget, Preliminary design in progress  Depending on permitting process - Construction could begin in 2017 or 2018  4