Central Contra Costa Solid Waste Authority

Transcription

1 Central Contra Costa Solid Waste Authority

2 Backqround Second year of the Agreement with Republic Rate Setting Process - Consistent with prior agreements RY 2-'Mndex Method'' RY 3 - "Cost Based Method'' - New Concepts No Revenue Reconciliation Rate Adjustment Factor based on Revenue Requirement not ''Actual Revenues" 2

3 RY2 Rate Impacts: Base Services Only 1.1% Increase Danville Lafayette Moraga Orinda Walnut Creek County Total Republic's Compensation 1 Base Services $ 7,502,679 $ 4,819, ,721,963 $ 3,550,023 $ 12,552,611 $ 7,243,050 $ 38,390,025 Member Aeencv/CCCSWA Expenses 2 Franchise Fees $ 750,268 $ 481,970 $ 326,636 $ 433,103 $ 1,255,261 S 507,014 $ 3,754,251 3 Vehicle Impact Costs - 809, ,111-1,161,116-2,146,937 4 CCCSWA Expenses 243, ,202 88, , , ,740 1,244,183 5 Total MA/CCCSWA Expenses 993,422 1,447, , ,156 2,823, ,754 7,145,370 Other Proeram Costs 6 ReUse/CleanUp Program 261, ,307 82, , , ,440 1,127,511 7 Total Revenue Requirement RY2 $ 8,757,106 S 6,402,886 $ 3,395,481 s 4,210,084 $ 15,647,105 $ 8,250,244 $ 46,662,906 8 "Projected Revenues" 8,667,805 6,333,736 3,359,541 4,166,151 15,473,178 8,167,501 46,167,912 9 Revenue Surplus/(Shortfa l) $ (89,301) $ (69,150) S (35,940) $ (43,933) $ (173,927) (82,743) (494,994) 10 Rate Adjustment Factor 1.0% 1.1% 1.1% 1.1% 1.1% 1.0%^ Reflects Current Agency Fees of; * 10% Franchise fee * 16.8% Vehicle Impact fee 4

4 Rate Increase Scenario #1 - "Base Rate Adjustment Factor" Increase i Lafayette - Scenario #1 ; ; ' RY2 (16/17) \ \ RY3 (17/18) j RY4 (18/19) 1 ] Residential Rate hicr 110% i 4.0%! 2.5% 2 1 Multi-Family 1 Rate Incr -, ^,. _, i % ; 4.0% 1 2.5% 3 1 Commercial Rate Incr 1.10% i 4.0% \ 2.5% 4! 1 Debris Box Rate Incr 1.10% I 4.0% 1 2.5% 5j i Extras Rate Incr ; 1.10%! 4.0% i 2.5% 1 ~i f 1 Prior Year Revenue Requirement before change to Reserves $6,333,738 i 1 $6,402,886 $6,653,589 7\ iprior Year Increase (Decrease) to Reserves ' 0 1 j ,956 SlPrior Year "Revenues" j 1 I $6,333,738 i $6,403,409 1 $6,639,545^ Projected Current Year "Revenues" based on Prior Year i 9 "Revenues" (Line 8 X Line 1) 1 $6,403,409 1 $6,659,545 $6,826,034 : 1 J ' ; M i 10 Rate Year 2 Revenue Requirement! j 11 Hauler Compensation 1 ; \ $4,819,698 j $5,012,486 1 $5,137, ifianchise Fees \ \ ] 1 481,970 i \ 501, , jvehicie Impact Fees J? 809,709?; 842, ,150 14: jreuse/qean up Program ' : j 135,307 1 ; 135,307! 135,307 15i i Other ] 1 156,202 i ; 162^50 j 166, Revenue Requirement $6,402,886 j I $6, \ $6,816,546 17j Operating Surplu^(Shortf all) $523 $5,956 i Residential Impact to Most Common Subscription Levels Current RY2 20-gal $26.43 $26.72 ; + $ sal $30.20 $ $ gal $56.99 $ $0.63 > Commercial 2CY ( I V w k ) $ $ $4.06 3CY (ix/wk) $ i + $ iDlF Distributions ; : ; 74,558 \ \ ** 20 Cuirent Year Addition (Reduction) to Reserves ,956 $9,488 2l RY 1 Addition (Reduction) to Reserves i o i l RYIO Revenue Reconciliation [ \ 0 377,880 1 i 0 23iReserves Available j $1,091,758 ; $1,097,714 \ $1,107,202 j 1 % ofreoenue Requirement \ 17.1% \ 16.5% 16.2% { i ^ 1, 1 j * * Did not project DIP distributions due to uncertainty of amounts. 1

5 Rate Increase Scenario #3-3.5% CPI Increase; Continue Building Reserves 1: Residential! Rate Incr Multi-Familyi Rate Incr Commercial i Rate Incr Debris Box Rate Incr Extras! Rate Incr RY2 ne/it) 3.5% 3.5% 3.5% 1.1% Lafayette - Scenario #3 RY3 qz/lsl \ I RY4 (18/19)! Impact to Most Common Subscription Levels jprior Year Revenue Requirement before change to Reserves j $6333,738 l \ $6,402,886 $6,653,589 7 JPrior Year Increase (Decrease) to Reserves! ,046 ; S Prior Year "Revenues" \. j \ ; $6,333,738 0 $6355,419 i $6,817,635! Current RY2 jproiected Current Year "Revenues" based on Prior Year i i Residential i 9 "Revenues" (Line 8 X Line 1) 1 $6,555,419 $6,817,635 \ $6,988, gal $26.43 $27.36 ; 1 i ;! U i + $0.93 lojrate Year 2 Revenue Reqxiirement i 32-sal $30.20 $31.26 : 11 'Hatder Compensation ; ' 1 $4,819,698 $5,012,486 i $5,137, $1.06 i 12 Franchise Fees \ i 481, , , gal $56.99 $58.98 r 13 ; Vehicle Impact Fees j ; 809, , ,150 + $1.99 ; 14 treuse/clean up Program ; j ,307 \ 135,307 ; 15 iother ; 1 j 1 156,202 i 162,450! 166,511 \ Commercial jcap on Increase to Contiactor Operating Costs 1 2CY (l3^/wk) : $ " ' $ Revenue Requirement I t $6,402,886 $6, i $6, r " +$12.91 'i \ I { i SCYjlVwk) $ lOperatingSurplus/(Sliort ail) \ ; 1 $152,533 $164,046 i $ " + $19.07 " 1 1 ; [ ; : 18 Reserves Beginning Balance! i ; $638,797 $1,243,768 i $1/407,814 : 19iDIF Distributions!, i ** ** 20 Current Year Addition (Reduction) to Reserves i 15^ ,046 1 $ liRYl Addition (Reduction) to Reserves i i 0 RYIO Revenue Reconciliation j \ 1 377, ! 0 ; 23 Reserves Available! j j $1,243,768 $1,407,814 i $1,579,344 ] % ofrevenue Recfiiirement j ' % 21.2% j 23.2% Did not project DIF distributions due to uncertainty of amounts. 8

6 Residential Rate Comparison Proposed RY2 (16/17) - 32-gallon Cart 32-gal. Recycling Yard Waste Jurisdiction $/Ma. Frequency Frequency Piedmont $51.88 Weekly Weekly Ei Cerrito $40.39 Weekly Weekly Kensington $38.48 Weekly 2x per month Orinda $35.75 Weekly Weekly Scenario.#l Scenario #2 Scenario #3 Scenario #4 Hercules $33.61 Bi-weekly Bi-weekly $30.53 $ $31.26 $30.20 Livermore $32.96 Weekly Weekly Average (excl.lafayette) $30.93 ($0.40) ($0.04) $0.33 ($0.73) Pinole $32.12 Bi-weekly Bi-weekly Average- CCCSWA (excl.lafayette) $27.10 $3.43 $3.79 $4.15 $3.10 Richmond Bi-weekly Bi-weekly Ufayette j;;jscenano #3 * i31.26 Weekly Weekly 3.5% increase \MBStCC County $31.01 Bi-weekly Bi-weekly Lafayette - Scenario #2* $30.89 Weekly Weekly 2.3% increase Lafayette-Scenario #1*.. S30.53 Weekly Weekly 1.1% increase Lafayette (current) & Scenario #4 $ Weekly Weekly Current- No Increase Moraga $29.30 Weekly Weekly Concord $28.49 Weekly Weekly San Pablo $27.94 Bi-weekly Bi-weekly San Ramon $27.16 Weekly Weekly Danville $25.81 Weekly Weekly Brentwood $24.00 Bi-weekly Bi-weekly County $23.09 Weekly Weekly Walnut Creek $21.57 Weekly Weekly - Dublin $21.10 Weekly Weekly Reflects 2016 proposed rates; all-other rates are subjectto increases during