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Transmittal - 10/26/2023ERIN MENDENHALL Mayor OFFICE OF THE MAYOR P.O. BOX 145474 451 SOUTH STATE STREET, ROOM 306 SALT LAKE CITY, UT 84114-5474 WWW.SLCMAYOR.COM TEL 801-535-7704 CITY COUNCIL TRANSMITTAL ______________________________ Date Received: Rachel Otto, Chief of Staff Date Sent to Council: TO: Salt Lake City Council DATE: October 24, 2023 Darin Mano, Chair FROM: Debbie Lyons, Sustainability Director ___________ SUBJECT: Salt Lake Valley Solid Waste Management Facility Proposed Budget 2024 STAFF CONTACTS: Chris Bell Waste and Recycling Director Christopher.Bell@slcgov.com | 801-535-6952 DOCUMENT TYPE: Information Item RECOMMENDATION: This is an informational item sharing the Salt Lake County Mayor’s Proposed 2024 Budget for the Salt Lake Valley Solid Waste Management Facility (SLVSWMF). BUDGET IMPACT: Estimated impact for City Fiscal Year 2024 is an increase of $30,000 revenue from owner distributions, compared to the adopted FY24 Refuse Fund budget, and $42,000 in increased expense for tipping fees which were anticipated and have already been included in our adopted FY24 budget. Details are provided below. BACKGROUND/DISCUSSION: The SLVSWMF is jointly owned by Salt Lake City and Salt Lake County. The SLVSWMF is operated by Salt Lake County, and their budget is approved by the Salt Lake County Council. Chris Bell, Waste and Recycling Director for Salt Lake City, serves as the Mayor’s representative on the SLVSWMF Council. In past years, the Sustainability Department has transmitted the SLVSWMF Enterprise Fund final adopted budget to the City Council for informational purposes, typically in December. The Salt Lake County Mayor’s proposed budget for the SLVSWMF Enterprise Fund was presented to the Salt Lake County Council on October 24, 2023, and is included as Attachments A and B. The proposed budget is being provided to the Salt Lake City Council for informational purposes, before rachel otto (Oct 26, 2023 10:40 MDT)10/26/2023 10/26/2023 ERIN MENDENHALL Mayor OFFICE OF THE MAYOR P.O. BOX 145474 451 SOUTH STATE STREET, ROOM 306 SALT LAKE CITY, UT 84114-5474 WWW.SLCMAYOR.COM TEL 801-535-7704 final adoption by the Salt Lake County Council, scheduled on December 5, 2023. The Department plans to transmit the adopted budget to the City Council, as we have done in past years. Below is a summary of the revenue and expense changes from the SLVSWMF 2023 Adopted Budget to the 2024 Proposed Budget. 2023 SLVSWMF Adopted Budget 2024 SLVSWMF Proposed Budget Change Comment Total Revenues* $17,603,000 $18,645,500 $1,042,500 Increase of 6% due to add’l interest income and proposed price increases. Budgeted volume of waste consistent with 2023. Total Expenses $17,436,000 $17,842,557 $406,557 Up 2.3% over 2023. Minor changes to several line items Net Op Income/(Loss) $167,000 $802,943 $635,943 Estimating an increased net income. See details below. FTE Count 52 52 0 No change in FTE’s for 2024 *The Revenue budget includes all categories used to calculate the owners’ distributions and the expense budget includes the calculated owner distributions. Impact on Refuse Fund Revenue: An ongoing owners’ distribution from the Landfill is paid to the County and the City on a monthly schedule. Distributions are calculated according to five categories: 1) methane gas sales; 2) metal recycling revenue; 3) soil regeneration royalties; 4) time deposit interest earnings; and 5) investment interest earnings. The Salt Lake County Fiscal Year 2024 budget includes owners’ distributions of $960,000, divided equally between the partners. This amount remains unchanged from their FY 2023 budget. However, the City’s FY24 budgeted dividend is $450,000. Based on Salt Lake County’s proposed FY24 budget, it is expected the City’s actual revenue from owner dividends will be $30,000 higher than the adopted FY24 budget for the Refuse Fund. The City’s allocation is received as revenue to the Refuse Fund Class, Energy and Environmental (E&E) Fund (“Refuse Fund”), and is used towards Sustainability staffing and operational expenses in the E&E Fund, in accordance with Salt Lake City Code 9.08.040. ERIN MENDENHALL Mayor OFFICE OF THE MAYOR P.O. BOX 145474 451 SOUTH STATE STREET, ROOM 306 SALT LAKE CITY, UT 84114-5474 WWW.SLCMAYOR.COM TEL 801-535-7704 Expense: Tipping fees at the Transfer Station are proposed to increase by $2 per ton. This increase is expected to have an annual impact of $84,000 on the Refuse Fund budget, or $42,000 for the remainder of the fiscal year. This increase in cost to the Refuse Fund for FY24 was anticipated and budgeted for accordingly. ATTACHMENTS: A.Salt Lake County Mayor FY2024 Proposed Budget and Budget Presentation B.Salt Lake County Mayor FY2024 Proposed Budget for the SLVSWMF Enterprise Fund ERIN MENDENHALL Mayor OFFICE OF THE MAYOR P.O. BOX 145474 451 SOUTH STATE STREET, ROOM 306 SALT LAKE CITY, UT 84114-5474 WWW.SLCMAYOR.COM TEL 801-535-7704 A. Salt Lake County Mayor FY2024 Proposed Budget and Budget Presentation The Salt Lake County Mayor’s proposed budget materials are publicly available online through the following links: •2024 SLCo Mayor Proposed Budget: https://slco.org/globalassets/1-site-files/mayor- finance/budget-documents/2024/official/1---2024-budget---mayor-proposed-10-24- 2023.pdf?v=10252023112807285 •2024 SLCo Proposed Budget Presentation: https://slco.org/globalassets/1-site-files/mayor- finance/budget-documents/2024/supplemental/4---2024-budget---mayor-proposed-budget- presentation-10-24-2023.pdf?v=10252023153349562 ERIN MENDENHALL Mayor OFFICE OF THE MAYOR P.O. BOX 145474 451 SOUTH STATE STREET, ROOM 306 SALT LAKE CITY, UT 84114-5474 WWW.SLCMAYOR.COM TEL 801-535-7704 B.Salt Lake County Mayor FY2024 Proposed Budget for the SLVSWMF Enterprise Fund TIPPING CUF COMPOST SCALES ADMIN TS TOTAL Revenue 6,519,000$     2,704,000$    519,500$      ‐$              1,290,000$     7,613,000$    18,645,500$     475000‐Expenses      Salaries and Benefits 1,468,771$     778,172$       387,318$     403,305$     1,488,499$     516,246$       5,042,311$             Operations 4,490,938$     907,650$       390,623$     41,950$       537,885$         3,081,819$    9,450,864$             Indirect Costs ‐$‐$                ‐$              ‐$              463,792$         ‐$                463,792$                Depreciation & Amortization 1,418,102$     91,086$         10,598$       28,936$       16,868$           359,714$       1,925,304$             Other Financing Uses (Distributions)960,000$         960,000$           475099‐Expenses 286$  Total 7,377,811$     1,776,908$    788,539$     474,191$     3,467,044$     3,957,778$    17,842,557$     GL Profit/(Loss)(858,811)$       927,092$       (269,039)$    (474,191)$    (2,177,044)$    3,655,222$    802,943$           PROJECT COSTING Disposal (Internal $15/ton)(3,888,000)      846,000         ‐                3,042,000      ‐  Admin Allocation 1,378,874       451,268         175,493       (2,507,044)      501,409         ‐  Scales Allocation 222,870           237,095         14,226         (474,191)      ‐‐  ‐  Project Costing ‐ Profit/(Loss) 1,427,445       (607,271)        (458,758)      ‐                330,000           111,813         802,943             FY2024 Requested Budget Summary 2024 REVENUE PROJECTIONS 1.1 ‐ TIPPING 2024 Rate Tons Count 2024 Dollars MSW COMM 34.00$        102,000                  3,468,000             MSW COMM ‐ Tiered Pricing 29.00$        21,000                    609,000                 MSW Subtotal 123,000                   ‐                           4,077,000             CON ASBEST 500.00$      40                            20,000                   CON CON<12 12.00$        10,000                    120,000                 CVR 2"/FLF 22.00$        10,000                    220,000                 CVR FILL 12.00$        90,000                    1,080,000             OVERSIZED 200.00$      40                            8.00                         8,000                     SPC SPEC 100.00$      4,000                       400,000                 WOOD COMM 27.00$        22,000                    594,000                 Non MSW Subtotal 136,080                  8.00                         2,442,000             1.1 ‐ TIPPING TOTAL 259,080                  8.00                         6,519,000             2.1 CUF 2.1 T1 16.00$        56,400                    141,000                  2,256,000             2.2 TIRES 4.00$           6,000                       24,000                   2.3 MATTRESS 15.00$        24,000                    360,000                 2.4 FREON 20.00$        3,200                       64,000                   2.0 CUF TOTAL 56,400                    174,200                  2,704,000             3.0 ‐ Compost/GW COM 1 YD 15.00$        13,000                    195,000                 COM BKT1 1.00$           1,500                       1,500                     CURB 6 17.00$        19,000                    323,000                 3.0 ‐ Compost/GW Total 19,000                    14,500                    519,500                 4.0 RECYCLE 7.0 ‐ Administration Metal Recycling 280,000                 Methane Gas Sales 120,000                 Soil Royalties 300,000                 Interest‐Time Deposits 450,000                 Interest‐Investments 140,000                 7.0 ‐ Administration Total 1,290,000             LF TOTAL 11,032,500           Transfer Station Rate Tons Dollars MSW TS 41.00$        81,000                    3,321,000             MSW TS ‐ Government 37.00$        116,000                  4,292,000             TS TOTAL 197,000                  7,613,000             GRAND TOTAL 531,480            18,645,500      FY 2024 BUDGET 730-040-4750000000 1,290,000          ACTUALS FY2021 FY2022 Account Account Description ACTUALS ACTUALS 2023 June  Adjusted REQUESTED DIFFERENCE 421220 Methane Gas Sales 97,283               127,968             95,000            120,000            25,000               421270 Compost Sales 177,674             211,279             196,500         196,500             ‐                     421290 Landfill Charge 16,403,166       17,029,510       16,123,500    16,836,000      712,500            421291 Recycling Fees 83,461               84,680                ‐                   ‐                      ‐                     421296 Metal Recycling Revenue 277,781             287,412             250,000         280,000            30,000               421335 Incoming Green Waste 329,482             316,809             323,000         323,000             ‐                     421365 Other Sundry Receipt ‐                       ‐                   ‐                      ‐                     421370 Miscellaneous Revenue 9,492                 13,473                ‐                   ‐                      ‐                     421383 Over/Short Differences 6                         (514)                    ‐                   ‐                      ‐                     424000 Local Revenue Contracts ‐                   ‐                      ‐                     427005 Rent ‐ Right of Way ‐                   ‐                      ‐                     427055 Soil Regeneration Royalties 548,125             309,877             400,000         300,000            (100,000)           429005 Interest ‐ Time Deposits 113,922             468,102             125,000         450,000            325,000            429015 Interest‐Miscellaneous 88,880               143,342             90,000            140,000            50,000               431055 Interfund Revenue‐Health ‐                   ‐                      ‐                     431080 Interfund Revenue‐Stat and Gen ‐                   ‐                      ‐                     431205 CARES Intrfnd Reimbursement ‐                      ‐                     431210 CARES Intrfnd Payroll Reimb ‐                      ‐                     443005 Salvage Sales ‐                   ‐                      ‐                     443010 Sale Assets‐Clearing Account ‐                   ‐                      ‐                     443015 Gain on Sale Of Capital Assets 83,221                ‐                   ‐                      ‐                     443030 Sale‐Fixed Asset Personal Prop ‐                   ‐                      ‐                     TOTAL REVENUE 18,212,493       18,991,939       17,603,000    18,645,500      1,042,500         1,042,500         601005 Elected And Exempt Salary 131,462             137,154             145,468         145,469            1                         601015 Prof,Tech,Manag‐Public Safety ‐                       ‐                   ‐                      ‐                     601020 LUMP SUM VACATION PAY 19,150               21,939               17,624            17,624               ‐                     601025 LUMP SUM SICK PAY 2,215                 123                     12,341            12,341               ‐                     601030 PERMANENT AND PROVISIONAL 2,437,256          2,594,965          2,981,338      2,981,337         (1)                       601045 COMPENSATED ABSENCE (3,403)                (479)                   27,000            27,000               ‐                     601050 TEMPORARY SEASONAL EMERGENCY 174                     20,000            20,000               ‐                     601065 OVERTIME 50,325               49,649               55,000            55,000               ‐                     601095 BUDGETED PERS UNDEREXPEND (280,000)        (49,456)             230,544            603005 SOCIAL SECURITY TAXES 193,554             204,735             239,202         239,201            (1)                       603023 Pension Expense Adj GASB 68 (312,786)            (579,595)            125,000         125,000             ‐                     603025 RETIREMENT OR PENSION CONTRIB 431,889             447,818             504,096         504,096            0                         603040 LTD CONTRIBUTIONS 10,572               11,064               12,831            12,832              1                         603045 SUPPLEMENTAL RETIREMENT (401K) 26,315               33,999               31,912            31,914              2                         603050 HEALTH INSURANCE PREMIUMS 568,604             534,047             696,035         696,038            3                         603055 EMPLOYEE SERV RES FUND CHARGES 66,024               47,256               60,696            60,696               ‐                     603056 OPEB ‐ CURRENT YR 54,072               63,300               65,220            65,220               ‐                     603075 Opeb ‐ Underfunded Arc (14,416)              (31,121)              50,000            50,000               ‐                     604001 COVID‐19 Payroll Costs 17,441               500                      ‐                   ‐                      ‐                     605025 EMPLOYEE AWARDS/SERVICE PINS ‐                      48,000            48,000               ‐                     605026 Employee Awards‐Gift Cards 40                       60                        ‐                   ‐                      ‐                     TOTAL FOR 000100 SALARIES AND BENEFITS 3,678,491          3,535,414          4,811,763      5,042,311         230,548            230,544         230,548            607005 JANITORIAL SUPPLIES AND SERVICE 33,436               29,475               35,000            35,000               ‐                     607010 MAINTENANCE ‐ GROUNDS 173,730             189,305             209,000         209,000             ‐                     607015 MAINTENANCE ‐ BUILDINGS 147,697             337,839             270,000         353,000            83,000               607020 CONSUMABLE PARTS 230                      ‐                   ‐                      ‐                     607025 MAINT ‐ PLUMBING HEAT AND AC ‐                   ‐                      ‐                     607030 Maintenance ‐ Other 7,132                 5,895                 7,100              7,100                 ‐                     607040 FACILITIES MANAGEMENT CHARGES 19,604               20,313               30,000            30,000               ‐                     609005 FOOD PROVISIONS 611                     1,785                 500                 500                     ‐                     609010 CLOTHING PROVISIONS 10,140               13,393               17,500            17,500               ‐                     609030 MEDICAL SUPPLIES 4,578                 8,719                 5,000              8,000                3,000                 609035 Safety Supplies 7,669                 1,745                 7,500              4,000                (3,500)               609040 LAUNDRY SUPPLIES AND SERVICES 5,124                 5,132                 5,300              5,300                 ‐                     609045 PERSONAL PROVISIONS ‐                   ‐                      ‐                     611005 SUBSCRIPTIONS AND MEMBERSHIPS 2,863                 7,098                 3,300              4,215                915                    611015 EDUCATION AND TRAINING SERV/SUPP 2,422                 935                     660                 3,100                2,440                 611040 Education Materials ‐                   ‐                      ‐                     613005 PRINTING CHARGES 2,488                 6,117                 4,000              6,300                2,300                 FY2024  BUDGET Dividend revenue sources Add 5% to salaries and benefits u sum) FY 2024 BUDGET 730-040-4750000000 1,290,000          ACTUALS FY2021 FY2022 Account Account Description ACTUALS ACTUALS 2023 June  Adjusted REQUESTED DIFFERENCE FY2024  BUDGET Dividend revenue sources 613010 Public Notices ‐                   ‐                      ‐                     613015 Printing Supplies 2,694                  ‐                       ‐                   ‐                      ‐                     613020 DEVELOPMENT ADVERTISING ‐                   ‐                      ‐                     615005 OFFICE SUPPLIES 5,825                 6,103                 7,258              6,200                (1,058)               615010 Dept Central Stores ‐                   ‐                      ‐                     615015 COMPUTER SUPPLIES 6,967                 3,486                 4,750              4,750                 ‐                     615016 COMPUTER SOFTWARE SUBSCRIPTION 17,266               24,278               19,453            7,848                (11,605)             615020 COMPUTER SOFTWARE < 3000 ‐                      1,000              1,000                 ‐                     615025 COMPUTER COMPONENTS < 3000 2,299                 3,528                 6,000              6,000                 ‐                     615030 COMMUNICATION EQUIP‐NONCAPITAL 2,333                 2,938                 10,000            20,000              10,000               615035 SMALL EQUIPMENT (NON‐COMPUTER) 10,504               9,240                 5,500              5,500                 ‐                     615040 POSTAGE 2,118                 2,180                 2,500              2,500                 ‐                     615045 PETTY CASH REPLENISH 9                          ‐                       ‐                   ‐                      ‐                     615050 MEALS AND REFRESHMENTS 43                       500                 2,000                1,500                 615060 Purchasing Card Charges ‐                   ‐                      ‐                     615065 Credit Card Charges 147,373             170,718             155,000         165,000            10,000               617005 MAINTENANCE ‐ OFFICE EQUIP 523                     367                     500                 500                     ‐                     617010 MAINT ‐ MACHINERY AND EQUIP 167,117             124,858             267,000         267,000             ‐                     617015 MAINTENANCE ‐ SOFTWARE 7,867                 8,000                 6,800              8,150                1,350                 617025 Parts Purchases 1,829                 10,305               4,000              4,000                 ‐                     617030 Maint ‐ Autos Trucks‐Nonfleet 6,785                  ‐                       ‐                   ‐                      ‐                     617035 MAINT ‐ AUTOS AND EQUIP‐FLEET 2,048,296          2,307,850          2,310,697      1,800,000         (510,697)           619005 GASOLINE DIESEL OIL AND GREASE 694,248             912,350             867,000         917,000            50,000               619010 Oil Products & Services ‐                   ‐                      ‐                     619015 MILEAGE ALLOWANCE 44                        ‐                      100                 100                     ‐                     619025 TRAVEL AND TRANSPORTATION ‐                   ‐                      ‐                     619030 TRAVEL AND TRANSPORTATION CLIENTS 500                 500                     ‐                     619035 VEHICLE RENTAL CHARGES 600                 600                     ‐                     619045 VEHICLE REPLACEMENT CHARGES 42,239               38,047               42,042            52,969              10,927               621005 HEAT AND FUEL 4,623                 8,193                 6,000              6,000                 ‐                     621010 LIGHT AND POWER 53,081               48,867               59,100            59,100               ‐                     621015 WATER AND SEWER 16,253               17,765               20,000            20,000               ‐                     621020 TELEPHONE 33,264               33,404               36,000            36,000               ‐                     621025 MOBILE TELEPHONE 5,234                 4,325                 6,736              6,500                (236)                   623005 Non‐Cap Improv Othr Than Build 44,352                ‐                       ‐                   ‐                      ‐                     629015 Maint Cntywde Drainage Systems 1,022                  ‐                   ‐                      ‐                     629020 MAINTENANCE ‐ ROADS AND STREETS 15,942               523                     100,000         100,000             ‐                     633010 Rent ‐ Buildings 7,752                 7,752                 7,752              7,752                 ‐                     633015 RENT ‐ EQUIPMENT 9,140                  ‐                   ‐                      ‐                     633025 Miscellaneous Rental Charges ‐                   ‐                      ‐                     639005 LEGAL AUDITING AND ACCTG FEES ‐                   ‐                      ‐                     639010 Consultants' Fees 2,375                 8,730                  ‐                   ‐                      ‐                     639015 In‐Home Health Services ‐                   ‐                      ‐                     639020 LABORATORY FEES 1,410                 3,269                 2,265              2,265                 ‐                     639025 OTHER PROFESSIONAL FEES 370,025             267,015             663,500         428,500            (235,000)           639030 Men Health‐Medicaid Match‐Dhcf 118                      ‐                   ‐                      ‐                     639040 Behvioral Healt‐Medicaid Match ‐                   ‐                      ‐                     639045 CONTRACTED LABOR/PROJECTS 97,156               50,345               107,000         98,000              (9,000)               639060 Road Design Services ‐                   ‐                      ‐                     641005 SHOP CREW AND DEPUTY SMALL TOOLS 2,728                 1,772                 2,200              2,200                 ‐                     641015 Refuse Bags 996                     1,027                 500                 1,000                500                    641025 Insecticides, Herbicides&Pesti 5,298                 7,368                 5,500              7,400                1,900                 643010 Road Base And Chips 42,034               44,477               50,000            100,000            50,000               643015 Road Salt 234                     282                      ‐                   ‐                      ‐                     643030 Traffic Control Supplies 1,499                 746                     1,500              1,500                 ‐                     645005 CONTRACT HAULING 1,543,880          1,809,074          1,803,896      2,000,521         196,625            645015 RECYCLING ACTIVITIES 312,543             323,015             333,000         412,000            79,000               645020 LANDFILL COVER MATERIAL 14,100               22,270               15,000            25,000              10,000               645025 LANDFILL REGULATORY FEES 160,458             168,379             149,432         149,867            435                    645030 HOUSE HAZ WASTE AND CLEANUP 1,064,987          1,125,022          962,666         964,368            1,702                 647005 Security & Law Enforcment Svcs 55,722               55,473               60,000            60,000               ‐                     657015 Self‐Insurance Expense 4,834                  ‐                   ‐                      ‐                     659005 COSTS IN HANDLING COLLECTIONS 4,573                 6,551                 4,500              4,500                 ‐                     667010 SPECIAL CLAIMS 3,285                 8,471                  ‐                   ‐                      ‐                     667025 VOIP TEL EQUIP PURCH 2010‐2012 ‐                   ‐                      ‐                     667035 LANDFILL CLOSURE AND POSTCLOSURE 905,851             1,332,383          556,056         1,002,000         445,944            667055 Miscellaneous Accrued Expenses 4,891                 819                      ‐                   ‐                      ‐                     693020 Interfund Charges 1,161                  ‐                  1,760                1,760                 Jenneth Hampton: change from 663,500 to 428,50 Kleinfelder and 3,500 for Comp FY 2024 BUDGET 730-040-4750000000 1,290,000          ACTUALS FY2021 FY2022 Account Account Description ACTUALS ACTUALS 2023 June  Adjusted REQUESTED DIFFERENCE FY2024  BUDGET Dividend revenue sources TOTAL FOR 000200 OPERATIONS 8,360,905.37    9,623,334.52    9,258,663      9,450,864         192,201            192,201            679005 Office Furn Equip Softwr>5000 ‐                   ‐                     TOTAL FOR 000300 CAPITAL EXPENDITURES ‐                       ‐                   ‐                      ‐                     663010 COUNCIL OVERHEAD COST 43,478               51,074               39,805            39,805               ‐                     663015 MAYOR OVERHEAD COST 56,236               82,719               50,407            50,407               ‐                     663020 Mayor Ops Overhead Cost 0.00 0.00 ‐                   ‐                      ‐                     663025 AUDITOR OVERHEAD COST 27,103               31,125               28,696            28,696               ‐                     663030 DISTRICT ATTORNEY OVERHEAD COST 27,308               59,206               47,340            47,340               ‐                     663035 REAL ESTATE OVERHEAD COST ‐                       ‐                       ‐                   ‐                      ‐                     663040 INFO SERVICES OVERHEAD COST 122,064             130,845             110,346         110,346             ‐                     663045 PURCHASING OVERHEAD COST 39,919               32,363               1,750              1,750                 ‐                     663050 HUMAN RESOURCES OVERHEAD COST 40,451               37,733               82,355            82,355               ‐                     663055 GOVERN IMMUNITY OVERHEAD COST 26,043               28,230               30,982            30,982               ‐                     663070 MAYOR FINANCE OVERHEAD COST 75,689               84,707               72,111            72,111               ‐                     TOTAL FOR 000400 INDIRECT COSTS 458,291             538,002             463,792         463,792             ‐                     669010 DEPRECIATION 1,899,915          1,512,087          1,684,511      1,725,304         40,793               671005 LOSS ON SALE OF ASSET 203,190             54,737               200,000         200,000             ‐                     TOTAL FOR 000500 DEPRECIATION AND AMMORTIZA 2,103,105          1,566,824          1,884,511      1,925,304         40,793               40,793               770010 OFU Transfers Out ‐                       ‐                   ‐                      ‐                     781005 DISTRIBUTION TO OWNERS 1,029,375          920,000             960,000         960,000             ‐                     TOTAL FOR 001000 OTHER FINANCING USES 1,029,375          920,000             960,000         960,000             ‐                     2                         TOTAL FOR 730‐040‐4750000000 15,630,167       16,183,574       17,378,729    17,842,271      463,542            463,542            730005 Insurance Recoveries 4,544                  ‐                       ‐                   ‐                      ‐                     720005 OFS Transfers In 21,758                ‐                       ‐                   ‐                      TOTAL FOR OTHER FINANCING SOURCES 26,302                ‐                       FY 2024 BUDGET ProjectID: OVERHEAD 730-040-4750990000 Activity: None FY2021 Account Account Description ADOPTED 2022 June  Adjusted REQUESTED DIFFERENCE 663015 Mayor Overhead Cost ‐                       ‐                   ‐                      663035 Real Estate Overhead Cost ‐                       ‐                       ‐                   ‐                     0 663040 Info Services Overhead Cost ‐                       ‐                       ‐                   ‐                     0 663045 Purchasing Overhead Cost 39                       44                       122                 122                    0 663055 Gov'T Immunity Overhead Cost 67                        ‐                       ‐                   ‐                     0 663070 Mayor Finance Overhead Cost 109                     1,452                 164                 164                    0 TOTAL FOR 000400 INDIRECT COSTS 215                     1,496                 286                 286                     ‐                     TOTAL FOR 730‐040‐4750990000 215                     1,496                 286                 286                     ‐                     TOTAL EXPENDITURES 15,630,382       16,185,070       17,379,015    17,842,557      463,542            NET INCOME/(LOSS)2,608,412 2,806,868 223,985 802,943 578,958 FY2024  BUDGET 2024 Proposed Price Increases Waste Code Est 2024 Tons 2023 Price 2024 Price Difference Revenue Impact CVR 2”/FLF 10,000                     17.00$       22.00$        5.00$          50,000.00$            WOOD COMM 22,000                     22.00$       27.00$        5.00$          110,000.00$          MSW TS 81,000                     39.00$       41.00$        2.00$          162,000.00$          MSW TS ‐ Gov't 116,000                   35.00$       37.00$        2.00$          232,000.00$          MSW COMM 102,000                   32.00$       34.00$        2.00$          204,000.00$          MSW COMM ‐ Tiered 21,000                     27.00$       29.00$        2.00$          42,000.00$            TOTAL 800,000.00$          CASH BALANCES Dec 2022 YTD GL Ending Cash Balances 12/31/2022 PeopleSoft Account # Description December YTD 101005 Cash‐General Warrants ‐                             101010 Cash‐EFT's ‐                             101015 Cash‐Payroll Warrants ‐                             101035 Cash‐Departmental Receipts ‐                             101050 Cash‐Misc 13,427,370.03        8,927,370.03         105010 Petty Cash/Change Fund 3,800.00                   TOTAL UNRESTRICTED 13,431,170.03         101060 Cash‐Restricted (see breakdown below) 19,702,197.76 103056 Cash Held by Trustee‐Investment (GASB18) 9,946,927.00 TOTAL RESTRICTED 29,649,124.76         TOTAL PEOPLESOFT CASH BALANCE 43,080,294.79          2021 Beg. Balance 2021 2021  2021 Ending   Balance  Additions Reductions 12/31/2021 INS_RESERVE Insurance Reserve 250,000.00              250,000.00               FAC_REPLACE Facility Replacement 526,000.00              100,000.00           626,000.00               EQUIP_REPLACE Equipment Replacement 7,244,117.60           2,000,000.00        (393,353.76)          8,850,763.84            CAP_IMPROVEMENT Capital Improvements 1,185,428.84           200,000.00           1,385,428.84            ENVIRO_LIAB Environmental Liability 600,000.00              50,000.00              650,000.00               MODULE_CONST Module Construction 6,849,743.00           330,000.00           (54,510.52)            7,125,232.48            101060 Cash‐Restricted 16,655,289.44        2,680,000.00        (447,864.28)          18,887,425.16         2022 Beg. Balance 2022 2022 2022 End Balance ACTIVITIES Additions Reductions 12/31/2022 INS_RESERVE Insurance Reserve 250,000.00              250,000.00           500,000.00               FAC_REPLACE Facility Replacement 626,000.00              100,000.00           726,000.00               EQUIP_REPLACE Equipment Replacement 8,850,763.84           2,000,000.00        (2,007,755.00)       8,843,008.84            CAP_IMPROVEMENT Capital Improvements 1,385,428.84           200,000.00           1,585,428.84            ENVIRO_LIAB Environmental Liability 650,000.00              100,000.00           750,000.00               MODULE_CONST Module Construction 7,125,232.48           330,000.00           (157,472.40)          7,297,760.08            101060 Cash‐Restricted 18,887,425.16        2,980,000.00        (2,165,227.40)       19,702,197.76          2023 Projected  Beg. Balance Projected 2023  Projected/  Actuals 2023   2023 Projected  Ending  Balance  ACTIVITIES Additions Reductions 12/31/2023 INS_RESERVE Insurance Reserve 500,000.00              1,000,000.00        1,500,000.00            FAC_REPLACE Facility Replacement 726,000.00              (200,000.00)          526,000.00               EQUIP_REPLACE Equipment Replacement 8,843,008.84           500,000.00           (5,879,302.63)       3,463,706.21            CAP_IMPROVEMENT Capital Improvements 1,585,428.84           2,050,000.00        (577,000.00)          3,058,428.84            ENVIRO_LIAB Environmental Liability 750,000.00              750,000.00           1,500,000.00            MODULE_CONST Module Construction 7,297,760.08           4,700,000.00        (3,394,009.00)       8,603,751.08            101060 Cash‐Restricted 19,702,197.76        9,000,000.00        (10,050,311.63)     18,651,886.13          2024 Projected  Beg. Balance Projected 2024  Projected/  Actuals 2024   2024 Projected  Ending  Balance  ACTIVITIES Additions Reductions 12/31/2023 INS_RESERVE Insurance Reserve 1,500,000.00           1,500,000.00            FAC_REPLACE Facility Replacement 526,000.00              526,000.00               EQUIP_REPLACE Equipment Replacement 3,463,706.21           (1,017,000.00)       2,446,706.21            CAP_IMPROVEMENT Capital Improvements 3,058,428.84           3,058,428.84            ENVIRO_LIAB Environmental Liability 1,500,000.00           1,500,000.00            MODULE_CONST Module Construction 8,603,751.08           1,000,000.00        (2,894,009.00)       6,709,742.08            101060 Cash‐Restricted 18,651,886.13        1,000,000.00        (3,911,009.00)       15,740,877.13         2021 Beg Balance 2021 2021 Projected End   Balance Additions Reductions 12/31/2021 103056 Cash Held by Trustee‐Investment 11,516,942              498,286                 (6,009)                    12,009,219               2022 Beg Balance  (PS)2022 2022 2022 End Balance Additions Reductions 12/31/2022 103056 Cash Held by Trustee‐Investment 12,009,219              143,342.08           (2,205,634.08)       9,946,927                 2023 Projected Beg  Balance Projected 2023 Projected 2023 Projected End   Balance Additions Reductions 12/31/2023 103056 Cash Held by Trustee‐Investment 9,946,927                646,056                 (6,000)                    10,586,983               2024 Projected Beg  Balance Projected 2024 Projected 2024 Projected End   Balance Additions Reductions 12/31/2024 103056 Cash Held by Trustee‐Investment 10,586,983              1,142,000              (7,000)                    11,721,983               2024 NEW REQUESTS: Balance Sheet Purchases Priority Description Amount Justification One Time Activity Depreciation 1TS Excavator 437,000$        Scheduled rotation of equipment Y TSTIP 19,665$                                 2LF Roll off Truck 120,000$        Scheduled rotation of equipment Y TIPPING 3LF Loader 400,000$        Scheduled rotation of equipment Y TIPPING 18,000$                                 42 Portable Generators with Trailer 60,000$          Scheduled rotation of equipment Y ENV 2,700$                                   1,017,000$     40,365$                                 4750990000‐CAPITAL PROJECTS FY2024 RE‐BUDGETS Original 2021 2022 2023 2023 2024 Project Title Project ID Project Description Amount Expensed Expensed Addition June Adjusted Addition Funding Rebudget New Module 8 Design & Construction MODULE_8 All design and construction of module 8 will be provided by Salt Lake City Corp  Engineering pursuant to Salt Lake County and Salt Lake City Corp interlocal  agreement. Module 8 needs to be constructed to add slope and anchor trench  support to modules 5 and 7 due to elevation gains of waste over the last few  years. Module 5 is too narrow at the top to add any more waste until module 8  is constructed. With the construction of module 8, we can also construct a new  south (central) methane header. The current header is beginning to fail and is  requiring more and more routine maintenance just to keep it in compliance.  Knowing that future construction costs are only going up, we are better off not  waiting to construct module 8. 5,600,000     54,511           157,472         400,000                     5,788,017                 6,000,000                 Module Construction‐101060 Perimeter Road PERIMETER_RD Phase 1 ($319,000) has been approved in FY2019.  The Landfill Council  recommended to combine Phase 1 and Phase 2 funding in FY2020.  This  request includes a rebudget for Phase 1 and new funding for Phase 2.  We must have 24/7 access in all weather conditions for methane collection  infrastructure which is located along the perimeter road. This road will also  provide access for emergency vehicles such as fire trucks. This road will  continue to be used post‐closure.   1,089,000     1,159,000                 Capital Improvements‐101060 Methane Lines 2019_METHANE Install methane gas collection lines regularly to be part of the overall Landfill  Gas Collection and Control System (GCCS). In order to meet EPA Title V Air  Quality Permit requirements, an active LCCS must be installed in disposed  waste and actively collecting methane before that waste has been disposed for  5 years. 500,000         500,000                     Module Construction‐101060 Building Review 200,000         200,000                      Overhead Capital Project Overhead