ACTION REQUESTED:
Title
Communication from the City Manager and Director of Public Works with a Request for the Following:
A. APPROVE the 2020 FISCAL YEAR LANDFILL BUDGET as Adopted by the PEORIA CITY/COUNTY LANDFILL COMMITTEE; and
B. ADOPT an ORDINANCE Amending the CITY OF PEORIA 2020 - 2021 BIENNIAL BUDGET as it Relates to the SOLID WASTE FUND to Adjust the Approved Budget Adopted by the Peoria City/County Landfill Committee.
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BACKGROUND: The FY2020 Landfill Committee Budget was approved by the Committee on October 16, 2019. The budget is and includes columns for the 2018 actual revenues and expenses plus 2019 budget and the actual revenues and expenses from January 1, 2019 through November 30, 2019.
The 2019 actual through November 30, 2019 indicates that the estimated surplus/deficit balance (revenue minus expenses) is approximately $25,000. These numbers have not been audited.
The projected surplus will provide additional funding into the capital improvement reserve with an estimated total cash on hand balance of $386,000 at the end of FY2019.
Key factors for FY2020 are:
• Revenue reflects the increased LF2 host fee and downward trending waste receipts. The operator is hopeful that recent Committee procedural changes will result in this being an underestimate.
• The 2020 budget includes funds for a significant capital project - a $150,000 remediation project for the reduction of positive gas wells and liquid management costs in the vicinity of the “T-Line” has been held over from previous years and is expected to be constructed in 2020.
• Routine consultant services, including operations of the closed landfill systems, are relatively unchanged through 2020.
• It is estimated the LF2 will receive 175,000 tons in 2020 and with leases and other revenue, the total revenue estimate of $446,250.
FINANCIAL IMPACT: If approved, the FY2020 budget project a $5,100 operating surplus for the year, with additional capital expenditures of $150,000 reducing the fund balance, which is expected to be approximately $241,000 at the end of FY2020.
NEIGHBORHOOD CONCERNS: There is continued interest in the landfill operations on the part of many area residents and the need to attend the Landfill Committee meetings, to monitor the reports and activities.
IMPACT IF APPROVED: The Landfill Committee will continue to operate and maintain the landfill for regulatory compliance.
IMPACT IF DENIED: The Landfill Committee would need additional direction from the City Council for continued operations and maintenance of the landfill for regulatory compliance.
ALTERNATIVES: N/A
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Invest in our infrastructure and transportation.
2. Have an efficient government.
3. Support sustainability.
DEPARTMENT: Public Works