HomeMy WebLinkAboutBoard of Selectmen Agenda 10 27 2010 Packet_201402061618187641Sewer and Solid Waste Sewer and Solid Waste Enterprise FundsEnterprise Funds FY11 First Quarter ReportFY11 First Quarter Report July July -- September 2010September 2010Finance Dept. & DPWFinance Dept. & DPW
Discussion PointsDiscussion Points Solid Waste:Solid Waste: TonnageTonnage Revenue & ExpenseRevenue & Expense Cost CentersCost Centers Sewer:Sewer: FlowsFlows Revenue & ExpenseRevenue & Expense Sewer ConnectionsSewer Connections Privilege FeesPrivilege Fees
MSW TonnageMSW Tonnage MSW YTD tonnage is down 3.6% as compared to the MSW YTD tonnage is down 3.6% as compared to the 11stst quarter of last year.quarter of last year. 4,497.93 tons of MSW delivered YTD4,497.93 tons of MSW delivered YTD ( Sep. 30, 2010)( Sep. 30, 2010) August was the only month in the 1August was the only month in the 1stst quarter which did quarter which did not show a decline in tonnage as compared to the 1sr not show a decline in tonnage as compared to the 1sr quarter of the previous year. quarter of the previous year. MSW tonnage numbers are trending downward from MSW tonnage numbers are trending downward from the previous year and are below the three year average.the previous year and are below the three year average.
Solid Waste Enterprise FundSolid Waste Enterprise Fund MSW TonnageMSW TonnageMSW into Composter: Tons per Month05001000150020002500JulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarchAprilMayJuneTons per Month20062007200820092010
C&D TonnageC&D Tonnage C&D Tonnage for July and August were lower as C&D Tonnage for July and August were lower as compared to the same months of the previous year. compared to the same months of the previous year. September tonnage numbers were up slightly over September tonnage numbers were up slightly over September of the previous yearSeptember of the previous year Total C&D tonnage in the 1Total C&D tonnage in the 1stst quarter is 1.9% less than quarter is 1.9% less than for the same time period last year for the same time period last year C&D tonnage numbers continue to reflect the volatility C&D tonnage numbers continue to reflect the volatility of the of construction industry. It is likely that of the of construction industry. It is likely that monthly C&D tonnage numbers will continue into the monthly C&D tonnage numbers will continue into the next quarter with deliveries balanced around 500 tons next quarter with deliveries balanced around 500 tons per monthper month
C&D TonnageC&D TonnageC&D Waste into the Transfer StationTons per Month0200400600800100012001400JulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarchAprilMayJuneTons per Month20062007200820092010
C&D RevenueC&D Revenue Revenues for July and August are down as Revenues for July and August are down as compared to the same months of last year. FY compared to the same months of last year. FY 2011 September revenue were slightly higher 2011 September revenue were slightly higher than for those of the previous Septemberthan for those of the previous September 1st Quarter 2011 C&D revenue is down 4.5% as 1st Quarter 2011 C&D revenue is down 4.5% as compared to the 1st quarter of 2010compared to the 1st quarter of 2010 YTD 2011 revenue for C&D=$499,062YTD 2011 revenue for C&D=$499,062 YTD 2010 revenue for C&D was $522,350YTD 2010 revenue for C&D was $522,350
Tip Fees from C&D Deliveries: Dollars per Month-50,000.00100,000.00150,000.00200,000.00250,000.00300,000.00350,000.00400,000.00JulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarchAprilMayJuneDollars per Month2007200820092010
Solid Waste Cost CentersJul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11MSW compostingRevenues (33,124)$ (25,606)$ (23,755)$ Expenses 226,014$ 261,895$ 256,452$ Deficit (surplus) 192,890$ 236,289$ 232,697$ -$ -$ -$ -$ -$ -$ -$ -$ -$ RecyclingRevenues-$ -$ -$ Expenses 30,506$ 34,090$ 33,829$ Deficit (surplus) 30,506$ 34,090$ 33,829$ -$ -$ -$ -$ -$ -$ -$ -$ -$ C&D waste managementRevenues (142,523)$ (115,386)$ (152,082)$ Expenses 191,910$ 167,848$ 214,271$ Deficit (surplus) 49,387$ 52,462$ 62,189$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Hard to manage wasteRevenues (26,654)$ (22,795)$ (25,622)$ Expenses 11,013$ 24,561$ 20,506$ Deficit (surplus) (15,641)$ 1,766$ (5,116)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Landfill managementRevenues (None-$ -$ -$ Expenses 45,800$ 45,800$ 45,800$ Deficit (surplus) 45,800$ 45,800$ 45,800$ -$ -$ -$ -$ -$ -$ -$ -$ -$ OverheadRevenues-$ -$ -$ Expenses 11,103$ 34,873$ 8,533$ 11,103$ 34,873$ 8,533$ -$ -$ -$ -$ -$ -$ -$ -$ -$
Solid Waste EnterpriseSolid Waste Enterprise Revenue (Sources)Revenue (Sources)SourceSourceFY2009 1FY2009 1stst Qtr Qtr ActualActualFY2010 1FY2010 1stst Qtr Qtr ActualActualFY2011 1FY2011 1stst Qtr Qtr BudgetBudgetFY2011 1FY2011 1stst Qtr Qtr ActualActualMSW MSW CompostingComposting$99,868$99,868$65,903$65,903$67,500$67,500$82,485$82,485C&D Waste C&D Waste ManagementManagement$718,367$718,367$425,287$425,287$450,000$450,000$413,973$413,973Hard to Manage Hard to Manage WasteWasteIncluded Included aboveabove$97,064$97,064Included Included aboveabove$85,071$85,071SW Liens SW Liens CollectedCollected$7,828$7,828000000Interest on Interest on InvestmentsInvestments$5,680$5,680000000Total Enterprise Total Enterprise Fund Revenue*Fund Revenue*$831,743$831,743$588,254$588,254$517,500$517,500$581,529$581,529*Bond Proceeds / Grants are not included as they are not recognized as revenue
Solid Waste EnterpriseSolid Waste Enterprise Expenditures (Uses)Expenditures (Uses)Uses Uses –– Cost Cost CenterCenterFY2009 1FY2009 1stst Qtr ActualQtr ActualFY2010 1FY2010 1stst Qtr Qtr ActualActualFY2011 1FY2011 1stst Qtr Qtr BudgetBudgetFY2011 1FY2011 1stst Qtr Qtr ActualActualMSW MSW CompostingCompostingn/an/a$770,671$770,671$1,000,370$1,000,370$661,876$661,876RecyclingRecyclingn/an/a$102,400$102,400$127,622$127,622$98,425$98,425C&D Waste C&D Waste ManagementManagementn/an/a$594,598$594,598$543,674$543,674$160,037$160,037Hard to Hard to Manage WasteManage Wasten/an/a$36,587$36,587$18,950$18,950$(29,291)$(29,291)Landfill Landfill ManagementManagementn/an/a$137,400$137,400$137,400$137,400$137,400$137,400OverheadOverheadn/an/a$109,889$109,889$54,025$54,025$35,100$35,100Total Enterprise Total Enterprise Fund ExpensesFund Expensesn/an/a$1,751,545$1,751,545$1,882,041$1,882,041$1,063,547$1,063,547
Solid Waste EnterpriseSolid Waste Enterprise Professional ServicesProfessional Services$-$200,000.00$400,000.00$600,000.00$800,000.00$1,000,000.00$1,200,000.00$1,400,000.00$1,600,000.00PROF. SERV. -LANDFILLC&D FREIGHT MANAGE MRF HTHWFREIGHTLANDFILLMININGSLUDGEDISPOSALCOSTS20072008200920102011
Sewer Enterprise FundSewer Enterprise Fund YTD billable flow is up 13% as compared to the same YTD billable flow is up 13% as compared to the same period last year.period last year. YTD monthly billings are up 9.9% as compared to the YTD monthly billings are up 9.9% as compared to the same period last year.same period last year. Budget Summary: 100% through FY 2010Budget Summary: 100% through FY 2010 EnterpriseEnterprise BudgetBudget % Expended% Expended CollectionCollection $374,000$374,000 22.8%22.8% Surfside Surfside ** $4,639,000$4,639,000 47.9%47.9% ‘‘SconsetSconset $232,650$232,650 25.9%25.9%Note:Note: % expended includes $1,774,200.95 annual debt service % expended includes $1,774,200.95 annual debt service paymentspayments
Flow & Billing Comparative Flow & Billing Comparative SummarySummaryFY 2011/FY 2010Month of Consumption Current FY Last FY Difference Percent Current FY Last FY Difference PercentJuly 2010/2009 10,672,700 6,176,300 4,496,400 72.8% 796,098$ 437,961$ 358,137$ 81.8%August 2010/2009 9,719,000 8,601,700 1,117,300 13.0% 799,355$ 727,121$ 72,233$ 9.9%September 2010/2009 6,445,700 5,349,800 1,095,900 20.5% 542,366$ 457,209$ 85,157$ 18.6%FY11 First Quarter Totals 26,837,400 20,127,800 6,709,600 33.3% 2,137,819$ 1,622,291$ 515,528$ 31.8%This worksheet summarizes the sewer flows and billings for the first quarter of FY11 and compares them to the previous year's flow and billings.Each month represents the monthly flows (consumption) that were billed one month later. Thus the September 2010 consumption represent bills issued in October 2010 and are compared to the previous year.For FY 2011, flows are up by about 33% and billings are up about 32% over FY 2010 for the first three months.Consumption (flows) are up by 6.7 million units and $515,000 over the first quarter of last fiscal year.This is obviously a very favorable impact on sewer finances.Flow (CF)Billings
Sewer Enterprise Sewer Enterprise Revenue (Sources)Revenue (Sources)SourceSourceFY2009 1FY2009 1stst Qtr Qtr ActualActualFY2010 1FY2010 1stst Qtr Qtr ActualActualFY2011 1FY2011 1stst Qtr Qtr BudgetBudgetFY2011 1FY2011 1stst Qtr Qtr ActualActualSewer User FeesSewer User Fees$1,667,524$1,667,524$1,721,339$1,721,339$1,265,387$1,265,387$2,179,659$2,179,659Sewer Sewer Connection FeesConnection Fees$21,000$21,000$6,490$6,490$7,500$7,500$20,990$20,990Sewer Liens Sewer Liens CollectedCollected00000000Privilege FeesPrivilege Fees0000$38,750$38,750$326,802$326,802Interest on Interest on InvestmentsInvestments$537$537$624$6240000Total Enterprise Total Enterprise Fund Revenue*Fund Revenue*$1,689,061$1,689,061$1,728,453$1,728,453$1,311,637$1,311,637$2,527,451$2,527,451*Bond Proceeds / Grants are not included as they are not recognized as revenue
Sewer Enterprise Sewer Enterprise Expenditures (Uses)Expenditures (Uses)Uses Uses –– Cost Cost CenterCenterFY2009 1FY2009 1stst Qtr ActualQtr ActualFY2010 1FY2010 1stst Qtr Qtr ActualActualFY2011 1FY2011 1stst Qtr Qtr BudgetBudgetFY2011 1FY2011 1stst Qtr Qtr ActualActualSurfsideSurfside$335,267$335,267$2,204,927$2,204,927$1,159,750$1,159,750$2,120,833$2,120,833SconsetSconset$53,258$53,258$54,259$54,259$58,162$58,162$47,355$47,355CollectionCollection$72,818$72,818$74,221$74,221$93,500$93,500$70,756$70,756MWPATMWPAT$2,636,962$2,636,962000000Total Enterprise Total Enterprise Fund ExpensesFund Expenses$3,098,305$3,098,305$2,333,407$2,333,407$1,311,412$1,311,412$2,238,944$2,238,944
Sewer Enterprise Sewer Enterprise Debt ServiceDebt Service00.511.522.532007 2008 2009 2010 20111st QuarterIn Millions($) FY2007, 1FY2007, 1stst Quarter Debt Service as a percentage of actual Quarter Debt Service as a percentage of actual expenditures was 59%expenditures was 59% Significant increase in debt service expense began in FY2009 witSignificant increase in debt service expense began in FY2009 with h the completion of the Surfside Wastewater Treatment Facility, Brthe completion of the Surfside Wastewater Treatment Facility, Brant ant Point Sewer, and Phase I SewerPoint Sewer, and Phase I SewerDebt Service74%Operating Expense26%FY2011 1st Quarter
Cost Containment MeasuresCost Containment Measures Sewer:Sewer: Review current NGrid electrical rates for applicability Review current NGrid electrical rates for applicability Solar Power Project Solar Power Project Maximize in house laboratory testingMaximize in house laboratory testing Solid WasteSolid Waste Review current NGrid electrical rates for applicabilityReview current NGrid electrical rates for applicability Alternative Energy wind projectAlternative Energy wind project Mining Operations to lower future capping & closing cost of unliMining Operations to lower future capping & closing cost of unlined ned cellcell Adjust Take It or Leave It Operating Hours during Adjust Take It or Leave It Operating Hours during ““OffOff--PeakPeak”” seasonseasonSewer & Solid Waste Enterprise Sewer & Solid Waste Enterprise Next StepsNext Steps
Our Island Home Our Island Home Enterprise FundEnterprise Fund Quarterly ReportQuarterly Report July July –– September 2010September 2010Board of Selectmen October 27, 2010Board of Selectmen Board of Selectmen October 27, 2010October 27, 2010
Our Island Home Our Island Home ““FactsFacts”” 45 Bed Skilled Nursing Facility dually licensed (Medicare and 45 Bed Skilled Nursing Facility dually licensed (Medicare and Medicaid Medicaid –– Medicare since 8/07)Medicare since 8/07) Historically, Nantucket has always provided for their elderly, Historically, Nantucket has always provided for their elderly, indigent and folks in need, first at the Asylum in indigent and folks in need, first at the Asylum in QuaiseQuaise, then to , then to the site of the current Landmark House and currently at OIH.the site of the current Landmark House and currently at OIH. DPH survey results generally show significantly fewer Resident DPH survey results generally show significantly fewer Resident Care deficiencies than state average.Care deficiencies than state average. DPH Resident satisfaction surveys (2005, 2007, 2009) reflect DPH Resident satisfaction surveys (2005, 2007, 2009) reflect OIH is in top 10% of the state for satisfactionOIH is in top 10% of the state for satisfaction OIH has a Five Star CMS rate, based on staffing, surveys and OIH has a Five Star CMS rate, based on staffing, surveys and Quality indicators. Quality indicators.
Census by Acuity First QuarterCensus by Acuity First Quarter020406080100120140160180200HJKLMNPRSTJULYAUGUSTSEPT Reflects Amount of Care Needed Per Category (HReflects Amount of Care Needed Per Category (H--T) By T) By Number of DaysNumber of Days Less Acuity Less Acuity ““HH””, Most , Most ““TT””, , ““LL””, , ““MM””, , ““NN”” Categories Categories Represent Patients Who Are Most Mobile, Requiring Most Represent Patients Who Are Most Mobile, Requiring Most InterventionIntervention
Our Island Home Our Island Home Cost vs. RevenueCost vs. RevenueRevenue SourceRevenue SourceNumber of Number of Resident DaysResident DaysCost of Service Cost of Service Per DayPer DayAverage Average ReimbursementReimbursementVarianceVarianceMedicaid Medicaid 2,1592,159$470/Day$470/Day$177$177$(293)$(293)Private PatientPrivate Patient865865$470/Day$470/Day$420$420$(50)$(50)Mass Health Mass Health PendingPending126126$470/Day$470/DayN/AN/AN/AN/AMedicare AMedicare A373373$470/Day$470/Day$402$402$(68)$(68)Medicare BMedicare B10 recipients10 recipients$5,087$5,087$5,550$5,550$ 463 qtr.$ 463 qtr.CENSUS HAS SHOWN INCREASE DURING THIS QUARTER, AVG 42 RESIDENTS
Our Island Home Our Island Home Revenue Budget vs. ActualRevenue Budget vs. ActualRevenue SourceRevenue SourceFY2008FY2008ACTUALACTUALFY2009FY2009ACTUALACTUALFY2010 FY2010 ACTUALACTUALFY2011FY2011BUDGETBUDGETFY2011FY2011YTDYTDMedicaid Medicaid $1,501,232$1,501,232$1,405,551$1,405,551$1,186,678$1,186,678$1,400,000$1,400,000$503,785$503,785Private PatientPrivate Patient$1,299,841$1,299,841$1,305,536$1,305,536$1,651,205$1,651,205$1,300,000$1,300,000$456,099$456,099InsuranceInsurance$24,704$24,704$25,621$25,621$39,902$39,902$25,000$25,000$30,192$30,192Medicare AMedicare A$49,422$49,422$112,891$112,891$196,949$196,949$100,000$100,000$31,807$31,807Medicare BMedicare B00$458,291$458,29100$565,643$565,643$12,574$12,574$499,096$499,09600$500,000$500,000$5,388$5,388$174,198$174,198ACDC User FeesACDC User Fees$37,743$37,743$40,232$40,232$36,465$36,465$40,000$40,000$7,094$7,094Total RevenueTotal Revenue$3,371,233$3,371,233$3,455,474$3,455,474$3,622,869$3,622,869$3,365,000$3,365,000$1,208,563$1,208,563Patient Paid
Our Island Home Our Island Home Expense Budget vs. ActualExpense Budget vs. ActualExpensesExpensesFY2008FY2008ACTUALACTUALFY2009FY2009ACTUALACTUALFY2010 FY2010 ACTUALACTUALFY2011FY2011BUDGETBUDGETFY2011FY2011YTDYTDAdministration Administration $941,814$941,814$873,288$873,288$966,152$966,152$1,405,476$1,405,476$454,311$454,311Nursing*Nursing*$2,464,788$2,464,788$2,625,593$2,625,593$2,523,225$2,523,225$3,033,880$3,033,880$1,148,748$1,148,748DietaryDietary$787,539$787,539$791,060$791,060$758,417$758,417$1,010,712$1,010,712$349,505$349,505Maintenance / Maintenance / Laundry / Laundry / HousekeepingHousekeeping$545,122$545,122$532,358$532,358$521,782$521,782$729,252$729,252$308,118$308,118Staff Staff DevelopmentDevelopment$75,774$75,774$73,273$73,273$65,565$65,565$99,248$99,248$9,387$9,387Social ServicesSocial Services$28,211$28,211$29,422$29,422$50,289$50,289$54,820$54,820$14,955$14,955ActivitiesActivities$119,115$119,115$125,457$125,457$102,816$102,816$133,850$133,850$54,135$54,135ACDCACDC$119,798$119,798$116,504$116,504$86,401$86,401$70,803$70,803$41,581$41,581Total ExpensesTotal Expenses$5,082,161$5,082,161$5,166,955$5,166,955$5,074,647$5,074,647$6,538,041$6,538,041$2,380,740$2,380,740
Our Island Home Our Island Home Budget to First Quarter Actual OverviewBudget to First Quarter Actual Overview11stst QuarterQuarterFY2011 BudgetFY2011 BudgetFY2011 ActualFY2011 ActualVarianceVariance% to % to BudgetBudgetRevenueRevenue$831,250$831,250$993,353$993,353$162,103$162,103119%*119%*ExpenseExpense$1,634,510$1,634,510$1,903,935$1,903,935$(269,425)$(269,425)116%**116%**Total Excess (Deficit)Total Excess (Deficit)$(803,260)$(803,260)$(910,581)$(910,581) * Revenue should continue to exceed budget* Revenue should continue to exceed budget ** First Quarter expenses reflects encumbered costs for the ** First Quarter expenses reflects encumbered costs for the entire fiscal year, subsequent quarters should reflect a reducedentire fiscal year, subsequent quarters should reflect a reduced variancevariance
Our Island Home Our Island Home ACDC Program Cost Vs. FeesACDC Program Cost Vs. FeesNumber of ParticipantsNumber of ParticipantsCost of Service Per Cost of Service Per QuarterQuarterAvg. Avg. ReimbursementReimbursementper quarter*per quarter*VarianceVariancePer quarterPer quarterVaries from 6 Varies from 6 --12 12 Clients DailyClients Daily$27,224$27,224$12,155$12,155$(15,069)$(15,069)* * Elder Services pays in some cases ($43.00/day) for September, just one client at that rate and for only one day. The Adult Community Day Care (ACDC) Program is a fee for serviceThe Adult Community Day Care (ACDC) Program is a fee for service program which program which provides stimulating activities for seniors with impaired physicprovides stimulating activities for seniors with impaired physical, social, emotional or al, social, emotional or psychological functions. The ACDC program offers a safe, supervpsychological functions. The ACDC program offers a safe, supervised day that ised day that includes structured and purposeful activity to maintain and imprincludes structured and purposeful activity to maintain and improve cognitive ove cognitive functioning.functioning.
Our Island Home Our Island Home Cost Containment MeasuresCost Containment Measures Current Quarter:Current Quarter: Activity Dept continues Activity Dept continues to work to work --8 hours/week8 hours/week Frozen nursing assistant Frozen nursing assistant and dietary positions and dietary positions remain frozenremain frozen Continuous review of Continuous review of vendor cost comparisonvendor cost comparison Next QuarterNext Quarter Continue efforts presently Continue efforts presently in place. OIH is a in place. OIH is a 24/7/365 entity, needs do 24/7/365 entity, needs do not change seasonally, not change seasonally, costs remain constant costs remain constant each day. each day.
Our Island Home Our Island Home Questions?Questions?
Sewer and Solid Waste Sewer and Solid Waste Enterprise FundsEnterprise Funds Fiscal Year 2012 OverviewFiscal Year 2012 OverviewPresented to Board of SelectmenPresented to Board of SelectmenOctober 27, 2010October 27, 2010
Sewer Enterprise FundSewer Enterprise FundFY2009FY2009ActualActualFY2010FY2010ActualActualFY2011FY2011BudgetBudgetFY2012 FY2012 Projection As of Projection As of 10/21/1010/21/10RevenueRevenue$4,970,137$4,970,137$6,463,414$6,463,414$5,246,550$5,246,550$5,160,050$5,160,050Personnel Personnel ExpenseExpense$ 674,902$ 674,902$ 807,030$ 807,030$ 862,400$ 862,400$ 824,020$ 824,020Operating Operating ExpenseExpense$4,686,252$4,686,252$4,769,685$4,769,685$4,384,150$4,384,150$ 4,744,802$ 4,744,802TotalTotalExcess Excess (Deficit)(Deficit)$ (391,017)$ (391,017)$ 886,699$ 886,699$ 0$ 0$ (408,772)$ (408,772)
Sewer Enterprise FundSewer Enterprise Fund Rate HistoryRate HistoryEffective DateEffective DateMetered RateMetered RateService ChargeService ChargeJune 2005June 2005$1.84 / 100 CF$1.84 / 100 CF$15 per Month$15 per MonthJune 2007June 2007$3.10 / 100 CF$3.10 / 100 CF$25 per Month$25 per MonthJuly 2008 July 2008 –– September 2008September 2008$5.00 / 100 CF$5.00 / 100 CF$25 per Month$25 per MonthOctober 2008 October 2008 –– May 2009May 2009$4.10 / 100 CF$4.10 / 100 CF$25 per Month$25 per MonthJune 1, 2009 June 1, 2009 –– June 30, 2009June 30, 2009$5.00 / 100 CF$5.00 / 100 CF$25 per Month$25 per MonthJuly 1, 2009 July 1, 2009 –– October 31, 2009October 31, 2009$6.00 / 100 CF$6.00 / 100 CF$30 per Month$30 per MonthNovember 1, 2009 November 1, 2009 –– April 30, 2010April 30, 2010$4.50 / 100 CF$4.50 / 100 CF$30 per Month$30 per MonthMay 1, 2010 May 1, 2010 –– October 31, 2010October 31, 2010$6.00 / 100 CF$6.00 / 100 CF$30 per Month$30 per MonthNovember 1, 2010 November 1, 2010 –– December 31, 2010December 31, 2010$4.50 / 100 CF$4.50 / 100 CF$30 per Month$30 per MonthJanuary 1, 2011 January 1, 2011 ––April 30, 2010April 30, 2010$5.00 / 100 CF*$5.00 / 100 CF*$30 per Month$30 per MonthMay 1, 2011 May 1, 2011 ––October 31, 2011October 31, 2011$7.00 / 100 CF*$7.00 / 100 CF*$30 per Month$30 per Month*Increase required by January 1, 2011 to balance Fiscal Year 2012 budget.
Sewer Enterprise FundSewer Enterprise Fund Future ProjectsFuture ProjectsProjectProject# of Lots# of LotsAverage Cost per Lot and/or Rate IncreaseAverage Cost per Lot and/or Rate Increase100% Betterment*100% Betterment*(20 Years)(20 Years)50% Betterment *50% Betterment *50% Debt Override50% Debt Override(20 Years)(20 Years)100% Rate Payer**100% Rate Payer**Phase II BPhase II BN/AN/AN/AN/AN/AN/AOff Peak $5.50/100 CF*Off Peak $5.50/100 CF*Peak $7.50 / 100CF*Peak $7.50 / 100CF*SomersetSomerset235 Existing235 Existing263 Potential263 Potential$5,502 Per Lot Per Year$5,502 Per Lot Per Year$2,886 Avg Per Lot Per Year $2,886 Avg Per Lot Per Year $ 54 Per Taxpayer Per Year$ 54 Per Taxpayer Per YearOff Peak $7.00/100 CF*Off Peak $7.00/100 CF*Peak $10.00 / 100CF*Peak $10.00 / 100CF*ShimmoShimmo175 Existing175 Existing$8,576 Per Lot Per Year$8,576 Per Lot Per Year$4,712 Avg Per Lot Per Year $4,712 Avg Per Lot Per Year $ 60 Per Taxpayer Per Year$ 60 Per Taxpayer Per YearOff Peak $7.25/100 CF*Off Peak $7.25/100 CF*Peak $10.25 / 100CF*Peak $10.25 / 100CF*MonomoyMonomoy250 Existing250 Existing$4,281 Per Lot Per Year$4,281 Per Lot Per Year$2,988 Avg Per Lot Per Year $2,988 Avg Per Lot Per Year $ 47 Per Taxpayer Per Year$ 47 Per Taxpayer Per YearOff Peak $6.70/100 CF*Off Peak $6.70/100 CF*Peak $9.70 / 100CF*Peak $9.70 / 100CF**Based on existing lots**Rate increase projections per project, if more than one project is implemented, the projected rates will increase.
Sewer Enterprise FundSewer Enterprise Fund Rate Impact, Phase IIB, SomersetRate Impact, Phase IIB, SomersetTime PeriodTime PeriodCurrentCurrent& & Proposed RateProposed Rate**Average Annual Bill Average Annual Bill Per Household**Per Household**Net Increase Per Net Increase Per Household**Household**May 1, 2010 May 1, 2010 ––October 31, 2010October 31, 2010$6.00 / 100 CF$6.00 / 100 CF$489$489N/AN/ANovember 1, 2010 November 1, 2010 –– December 31, 2010December 31, 2010$4.50 / 100 CF$4.50 / 100 CF$79$79N/AN/AJanuary 1, 2011 January 1, 2011 ––April 30, 2011April 30, 2011$8.25 / 100 CF$8.25 / 100 CF$162$162$83$83May 1, 2011 May 1, 2011 ––October 31, 2011October 31, 2011$10.25 / 100 CF$10.25 / 100 CF$836$836$347$347•Proposed Rate assumes a rate increase to offset FY2012 projected deficit; borrowing for Phase IIB and Somerset Projects will occur in February 2011 with initial debt service payment due in July 2011.** Average Annual Increase based upon average Peak consumption of 1,359 cubic feet per lot / 5216 accounts; Off Peak consumption o f 328 cubic feet per lot / 5191 accounts
Solid Waste Enterprise FundSolid Waste Enterprise FundFY2009FY2009ActualActualFY2010FY2010ActualActualFY2011FY2011BudgetBudgetFY2012 FY2012 Projection As of Projection As of 10/21/1010/21/10RevenueRevenue$8,609,082$8,609,082$7,861,708$7,861,708$ 7,335,191$ 7,335,191$7,774,000$7,774,000Personnel Personnel ExpenseExpense$ 65,596$ 65,596$ 78,295$ 78,295$ 49,000$ 49,000$ 53,530$ 53,530Operating Operating ExpenseExpense$7,643,578$7,643,578$ 7,703,807$ 7,703,807$7,286,191$7,286,191$ 8,373,560$ 8,373,560TotalTotalExcess Excess (Deficit)(Deficit)$ 899,908$ 899,908$ 79,606$ 79,606$ 0$ 0$(653,090)$(653,090)
Solid Waste Enterprise FundSolid Waste Enterprise Fund General Fund SubsidyGeneral Fund Subsidy0500000100000015000002000000250000030000002008 2009 2010 2011 2012*OperatingOverrideAdditionalGeneral FundSubsidy*FY2012 Additional General Fund Subsidy assumes Landfill Mining in the amount of $653,090 will be funded from Free Cash; however Free Cash is not certified as of October 21, 2010 and another funding source may need to be identified
Next StepsNext Steps Sewer Enterprise Fund (SEF):Sewer Enterprise Fund (SEF): Public Hearing to Discuss Sewer Rate IncreasePublic Hearing to Discuss Sewer Rate Increase Solid Waste Enterprise Fund (SWEF):Solid Waste Enterprise Fund (SWEF): Further Refinement of FY2012 Projections based Further Refinement of FY2012 Projections based upon two quarters of actuals upon two quarters of actuals If Free Cash not available; Identify other funding If Free Cash not available; Identify other funding options for FY2012 Landfill Miningoptions for FY2012 Landfill Mining