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HomeMy WebLinkAboutAgenda - 08-30-2000 - 6ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: August 30, 2000 Action Agenda Item No. 6 SUBJECT: Solid Waste Financing Alternatives DEPARTMENT: Solid Waste Management PUBLIC HEARING: (YIN) No ATTACHMENT(S): 8/24/00 Staff Memorandum INFORMATION CONTACT: Gayle Wilson, Solid Waste Management Director, 968-2885 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To discuss solid waste financing issues and provide direction to staff on how to proceed. BACKGROUND: The Landfill Owners Group began discussing alternative financing in 1993. In February of 1998 an Alternative Finance Committee was established as asub-committee of the LOG. This group was active until January, 1999, but never formally issued a final report, as the member government focus at that time shifted to resolving matters related to solid waste organization and management responsibility. Staff will be prepared to review some of the major points of discussion during the Alternative Finance Committee's meetings in 1998 and 1999, and to proceed with formal development of a revised solid waste financing structure, pending Board direction. Staff can also bring back, when the BOCC's meeting schedule permits, a more detailed report on specific revenue mechanisms considered as part of the Committee's work. FINANCIAL IMPACT: There is no direct financial impact on the County associated with a discussion of alternative financing. However, the issue is critical to the continued financial viability of the Orange County Solid Waste/Landfill Operations Enterprise Fund. RECOMMENDATION(S): The Manager recommends that the Board discuss alternative financing for current and future solid waste programs and services, and provide direction to staff regarding the production of a report addressing options and recommendations for future solid waste operational financing. This report would be prepared following a final decision regarding whether a new C&D disposal. facility in Orange County is to be pursued and the Board's reassessment and/or confirmation of the County's waste reduction goals and other elements of the solid waste management plan. 2 MEMORANDUM To: Orange County Board of Commissioners John Link, County Manager From: Gayle Wilson, Solid Waste Director Subject: Alternative Financing for Solid Waste Date: August 30, 2000 This memorandum provides supplemental information to aid in the discussion of alternative financing for solid waste programs and services. Some key issues for discussion are cited below: • What is the basis of the funding requirements for current or future activities that likely cannot be met by existing sources of funding? • replacement of discontinued C&D disposal revenue (if no new C&D disposal facility pursued) • replacement of discontinued MSW disposal revenue once MSW landfill reaches capacity • funding C&D recycling and waste reduction programs/services • funding implementation of Solid Waste Management Plan for reaching Orange County waste reduction goals which presently includes materials processing (MRF), significantly expanded collection programs, public education, etc. • expanded public education and outreach programs • What is the estimated amount of the funding requirements and when will the funding be needed? Once decisions are made regarding the issue the key issues of C&D disposal, and the Solid Waste Management Plan are made, staff can prepare reliable estimates of funding requirements. Absent these decisions, numerous assumptions must be made in order to arrive at an "order of magnitude" estimate. • When would the additional funding be required? If a decision is made not to pursue a new in-County C&D disposal facility this fall, staff will need to develop the coming budget with an eye towards replacing approximately $1.2 million in annual C&D disposal revenue that would not be realized by FY 2002-03. Moreover, if C&D recycling and waste reduction programs are implemented in FY 2000-01, additional funding will most likely be required in FY 2001-02.