REQUEST FOR DECISION (RFD)

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REQUEST FOR DECISION (RFD) SUBJECT: RFD 2015 Operating and Capital Budget RECOMMENDATION: That the Operating and Capital Budgets for the year ending Dec. 31, 2015 be approved as presented.

1 REQUEST FOR DECISION (RFD) SUBJECT: RFD 2015 Operating and Capital Budget RECOMMENDATION: That the Operating and Capital Budgets for the year ending Dec. 31, 2015 be approved as presented. CAO COMMENTS: Summary: The operating and capital budgets presented for the 2015 fiscal year represent management s best analysis at planning for expected revenue reduction, but ensuring that BMS maintains the necessary human resources, equipment and infrastructure for long-term, sustainable income growth. We have modified our operating income projections by $1.2 million from our preliminary budget presentation on November 20, 2014 to account for a more conservative estimate of disposal revenue. We expect decreases in landfill disposal for City of Edmonton waste and contaminated soil. However, these decreases are not sufficient to reduce our current staff complement. We believe that in the long term, landfill disposal revenue will continue to grow as more municipal solid wastes and special wastes are directed to BMS through private haulers such as Ever Green Eco Systems did in We are aggressively pursuing business development with private haulers to provide competitive rates and leverage our well-known hauler service ethic. Special wastes, such as asbestos and construction and demolition waste disposal, also present good business opportunities for BMS in the near future. We are also aggressively pursuing the business development opportunities in biosolids residual management, wastewater treatment and alternative waste-toenergy opportunities as noted in our 2014 strategic plan. There is strong likelihood of revenue-generating opportunities for biosolids residual management and wastewater treatment in RFD Beaver Municipal Solutions

2 REQUEST FOR DECISION (RFD) These potential revenue sources, however, have not been included in our revenue plan, in order to remain conservative in our estimates. The revenue plan also assumes that our disposal rates in 2015 remain the same as in 2014, other than where contract arrangements provide for an increase (i.e. City waste, Ever Green, etc.) Accordingly, municipal member collection service rates will be kept as per the expired municipal member contracts through 2015, pending negotiations with each municipality. Based on superior financial results in 2014, we will pay all outstanding debt by 2014 year-end, Our capital program for 2015 will be funded from operating revenue, and we will restrict reserve funds accumulated in 2014 to fully fund our landfill closure liability. We will continue with our municipal member grants programs, and community support funding program, and plan to issue the member dividend of $1 million, as permitted by Municipal Affairs. We will also seek Municipal Affairs approval to release the $300,000 dividend declared in February 2013 and placed in restricted reserve. If during the year, operating revenue tracks below target, we will examine postponing capital projects, cutting operating expense and using accumulated restricted reserve, all in recommendation to the Board. We would only recommend using debt financing as a last measure. The CFO s comments on the budget details follow. Commentary on payroll will be in-camera. CFO COMMENTS: Operating Budget Revenues in 2015 expected at $20.1M, which is $5.4M lower than 2014 forecast revenues. Contaminated soil and special waste from Kichton (EAD Block A) in December further pushed up the 2014 forecast and may affect the 2015 contaminated and special waste volumes. The revenue budget also considers the possibility of lower City of Edmonton volume should the Thorhild landfill open in RFD Beaver Municipal Solutions

3 REQUEST FOR DECISION (RFD) No expected major changes in MSW volumes and related trucking from other municipalities. Operating expense budget for 2015 is at $9.9M, which mainly consist of labour costs (including benefits and training) at $5.3M, supplies and materials at $1.5M and contracted services at $0.9M. The 2015 operating expense budget is $0.15M lower than the 2014 expense forecast. With the expected decrease in revenue volumes, the associated rentals, contracted services and supplies likewise decreased by $0.6M. However, labour costs increased by $0.78M with full manpower complement, 3% COLA, pay-forperformance costs, training and benefit improvements. The investment in manpower is expected to reduce reliance in professional services resulting in a $0.49M decrease in budget. Repairs and maintenance budget increased by $0.12M mainly due to servicing off-highway equipment and groundwater well monitoring. Operating income is expected at $10.2M, $5.3M less than 2014 forecast due to the lower expected revenues. This level is enough to cover the 2015 capital budget. Details for both operating and capital budgets available on budget commentary. Capital Expenditure Budget Total capital expenditure budget for 2015 amounts to $8.5M, consisting of projects to be carried over from 2014 at $$3.7M and new projects in 2015 at $4.8M. The carry over projects include the land purchase, equipment shed, transfer station facility improvements, track-type loader, highway tractors, CAES, scale software, compactor, wastewater machine and acreage bins. The new 2015 planned projects consist of a second equipment shed, fall protection equipment, pickup truck, hauling truck/trailer, water truck, landfill capping, office equipment, manhole, additional waste bins, paving, sediment pond, stage 8 design and leachate and recreational development. RECOMMENDATION Report/Document: Attached Available X Nil KEY ISSUE(S)/CONCEPTS DEFINED: RFD Beaver Municipal Solutions

4 REQUEST FOR DECISION (RFD) See CAO comments. RELEVANT POLICIES: STRATEGIC RELEVANCE: Good governance DESIRED OUTCOME(S): Approval of the recommendation as presented. RESPONSE OPTIONS: 1. Accept recommendation 2. Request more information, if questions arise in presentation, and request re- submission. 3. Reject recommendation. PREFERED STRATEGY: Response 1. IMPLICATIONS OF RECOMMENDATION: GENERAL: See CAO / CFO comments. ORGANIZATIONAL: See CAO / CFO comments FINANCIAL: Budget 2015 FOLLOW UP ACTION: Post on web; advise members COMMUNICATION: OTHER COMMENTS: Submitted by: Writer Pierre Breau, P. Eng. Endorsed by: Reviewed by: CAO Reviewers RFD Beaver Municipal Solutions

5 BEAVER MUNICIPAL SOLUTIONS 2015 Operating Income Budget Summary 2014 Year-end Outlook 2014 Budget 2015 Budget INCREASE (DECREASE) Variance: 2015 to 2014 Budget % INCREASE (DECREASE) Variance: 2015 Budget to 2014 YEO % REVENUES Landfill Disposal Contracts 12,942,600 5,949,500 11,705,000 5,755, % (1,237,600) -9.56% Trucking Contracts 2,061,900 1,872,000 1,946,000 74, % (115,900) -5.62% Municipal Contracts 217, , , % % Landfill Disposal Revenue 9,812,000 6,277,000 5,660,000 (617,000) -9.83% (4,152,000) % Waste Bin Revenue 317, , ,000 12, % 12, % Other Revenue 178, , , , % 64, % TOTAL REVENUE 25,529,000 14,775,000 20,100,000 5,325, % (5,429,000) % EXPENDITURES Salary & Wages 3,700,000 3,216,645 4,314,000 1,097, % 614, % Employee Benefits 723, , , , % 88, % Commission Board Expenses 53,000 56,600 95,000 38, % 42, % Staff Training & Development 99,500 62, , , % 75, % Business Development 36,000 39,000 75,000 36, % 39, % Advertising, Print & Office Supply 118,000 63,500 88,000 24, % (30,000) % Telecommunications 84,000 54,000 79,200 25, % (4,800) -5.71% IT Systems 174, , ,500 34, % (15,000) -8.60% Insurance 80,300 80,300 94,600 14, % 14, % Professional Services 1,049, , , , % (489,000) % Rentals & Leases 555,000 58, , , % (259,000) % Contracted Services 1,048, , , , % (146,100) % Supplies & Materials 1,738,000 1,536,500 1,539,801 3, % (198,199) % Repairs & Maintenance 174, , ,000 (37,000) % 118, % Utilities 83,000 71,000 92,000 21, % 9, % Interest Expense 50,000 30,000 - (30,000) % (50,000) % Other Expenses 298, , ,000 58, % 37, % TOTAL EXPENDITURES 10,064,000 7,207,000 9,910,000 2,703, % (154,000) -1.53% OPERATING INCOME 15,465,000 7,568,000 10,190,000 4,037, % (5,275,000) % % to Revenue 61% 51% 51% 7.1 RFD 2015 Budget Commentary Budget 2015 Summary 29/12/2014 Page 1 of 1

6 DETAIL - OPERATING INCOME STATEMENT Beaver Municipal Solutions Total Total Total 2014 Budget Planning Forecast 2014 Budget 2014 Budget Forecast vs 2015 Budget Commentary Landfill Disposal Contracts Vermillion - Disposal 198, , ,000 (3,000) Parkland County - Disposal 157, , ,000 (16,300) City of Edmonton - Disposal 9,246,000 4,651,595 7,322,000 (1,924,000) Reduced volume from 241k to 175k tonnes should Thorhild open Beaver River - Disposal 853, , ,000 30,700 Evergreen 2,098,000-3,154,000 1,056,000 Increased volume from 58k to 90k tonnes to reflect full year transactions Short Term Contracts 390, ,000 9,000 (381,000) No biosolids in 2015 Sub-total 12,942,600 5,949,499 11,705,000 (1,237,600) Trucking Contracts Vermillion - Trucking 223, , ,000 18,500 Parkland County - Trucking 227, , ,000 (7,000) City of Edmonton - Trucking 1,050,500 1,000, ,000 (97,500) Due to reduced volumes expected Fuel Escalation in Contracts 560, , ,000 (29,900) Sub-total 2,061,900 1,872,000 1,946,000 (115,900) Municipal Contracts Collection Fees - Towns & Villages 217, , ,000 - No change in billing rates Sub-total 217, , ,000 - Landfill Disposal Revenue Gate Receipts - General Disposal 15,000 20,000 20,000 5,000 Freon Removal 7,000 7,000 5,000 (2,000) Contaminated Soil 7,950,000 5,000,000 4,375,000 (3,575,000) Anticipated reduction in volume & some arena volume received in Dec Special Waste Disposal 1,790,000 1,200,000 1,210,000 (580,000) Same as contaminated soil Construction & Demolition Waste 50,000 50,000 50,000 - Sub-total 9,812,000 6,277,000 5,660,000 (4,152,000) Waste Bin Revenue Rural Bin Rental 215, , ,000 15,000 No major changes expected Roll-off Bin rental 100, , ,000 - Bin Placement Fees 2,500 2,500 - (2,500) Sub-total 317, , ,000 12,500 Other Revenue Recycled Material Revenue 17,000 17,000 17,000 - Other (Biosolids, Mechanical Services) - 50,000 50,000 50,000 Repair services expected to increase with CVIP Interest Revenue 122,000 50, ,000 28,000 Due to higher principal Rental Revenue 15,000 15,000 15,000 - Miscellaneous 24,000 10,000 10,000 (14,000) Sub-total 178, , ,000 64,000 TOTAL REVENUE 25,529,000 14,774,999 20,100,000 (5,429,000) Due to lower volumes from CoE, contaminated soil & special waste Salary & Wages Management 600, , ,118 1,118 Includes adjustments based on Hay Group report and 3% COLA increase Permanent 2,450,000 2,493,042 2,912, ,355 Includes 3% COLA increase and 3 additional headcounts Casual/Temp 100,000 89, ,891 4,891 Overtime 285,000 60, ,250 (86,750) Expected impact of additional headcount Service Awards 265, , , ,385 Includes pay for performance incentives, service awards & recognition Sub-Total 3,700,000 3,216,645 4,314, ,000 Employee Benefits CPP 110, , ,922 11,922 Based on labour cost EI 65,000 57,311 69,775 4,775 Based on labour cost WCB 40,000 39,886 59,102 19,102 Based on labour cost LAPP Pension 350, , ,968 3,968 Based on labour cost and contribution rate experience Benefits 153, , ,133 44,033 Includes additional spending account of $500 per employee, may be for health (non-taxable), wellness and development (taxable benefit) Vision Care 5,000 10,000 10,100 5,100 As per Employee Handbook Sub-Total 723, , ,000 88,900 Commission Board Expenses Remuneration - Per Diem 28,000 15,600 40,000 12,000 Remuneration - Honoraria - 6,000 10,000 10,000 Including PAC Travel 8,000 8,000 8,000 - Accomodations & Meals 10,000 5,000 5,000 (5,000) Conferences & Courses 3,500 20,000 30,000 26,500 More training opportunities Meeting Expenses 3,500 2,000 2,000 (1,500) 7.1 RFD 2015 Budget Commentary Budget /12/2014 Page 1 of 3

7 DETAIL - OPERATING INCOME STATEMENT Beaver Municipal Solutions Total Total Total 2014 Budget Planning Forecast 2014 Budget 2014 Budget 2015 Sub-Total 53,000 56,600 95,000 42, Forecast vs 2015 Budget Commentary Staff Training & Development Travel 14,000 15,000 17,000 3,000 Accommodation & Meals 12,000 5,000 18,000 6,000 Conferences & Courses 48,500 25, ,000 56,500 Training to improve skills set Association Fees & Dues 21,000 7,500 25,000 4,000 Books & Subscriptions 4,000 10,000 10,000 6,000 Reference materials Sub-Total 99,500 62, ,000 75,500 Business Development Travel 7,000 10,000 10,000 3,000 Accomodations & Meals 17,000 10,000 12,000 (5,000) Conference & Trade Show Fees 8,000 10,000 40,000 32,000 To generate more customers Promotional Advertising 2,000 2,000 10,000 8,000 Offsets advertising supplies Marketing Materials 1,000 5,000 1,000 - Rentals - Equipment & Space 1,000 2,000 2,000 1,000 Sub-Total 36,000 39,000 75,000 39,000 Advertising, Printing & Office Supplies Advertising 15,000 10,000 10,000 (5,000) Printing & Reproduction 27,000 5,000 12,000 (15,000) Working towards paperless office Office Supplies 70,000 40,000 60,000 (10,000) Cost control Postage 6,000 5,000 5,000 (1,000) Courier - 1,000 1,000 1,000 Furniture & Small Equipment - 2, Sub-Total 118,000 63,500 88,000 (30,000) Telecommunications Telephones - Land Lines 35,000 24,000 35,000 - Telephones - Cellular 30,000 22,000 26,200 (3,800) Portable Radios 19,000 8,000 18,000 (1,000) Sub-Totals 84,000 54,000 79,200 (4,800) IT Systems Internet Connection Fees 3,000 2,500 3,000 - Website Hosting Fees 1,200 1,200 1, IT Managed System & Cloud Server Fe 84, ,000 75,000 (9,300) Reduction in server fee due to change in provider Software License Renewals 65,000 20,000 65,000 - Small Equipment Purchases & Supplies 21,000 1,000 15,000 (6,000) Cost control Sub-Total 174, , ,500 (15,000) Insurance General Liability 1,200 1,200 2, Environmental Liability 25,000 25,000 30,000 5,000 For additional $5M coverage due to size of landfill Boiler & Machinery Property 12,500 12,500 20,000 7,500 For additional assets Bond & Crime Insurance Automobile Liability 21,000 21,000 22,000 1,000 For additional assets Directors' & Professional Liability 5,000 5,000 5,000 - Insurance Claim Deductible 15,000 15,000 15,000 - Sub-Total 80,300 80,300 94,600 14,300 Professional Services Legal Services 35,000 40,000 40,000 5,000 Accounting Services 119,000 75,000 45,000 (74,000) No consultant with hiring of Controller Engineering Services 500, , ,000 (375,000) Requirements may be done in-house Surveying Services 100,000 20,000 50,000 (50,000) Some costs may be capitalized Testing Services 65,000 30, ,000 35,000 QA/QC, leachate and wastewater-related IT & Web Consulting Services 25,000 30,000 40,000 15,000 For changing scale software and connecting the landfill to network ISO Audit Services 5,000 10,000 10,000 5,000 Other Consulting Services 200,000 10, ,000 (50,000) For Hay Group and part of George Cuff Sub-Total 1,049, , ,000 (489,000) Rentals & Leases Office & Computer Equipment 12,000 8,000 10,000 (2,000) Highway Equipment 3, (3,000) Off-Highway Equipment 390,000 20, ,000 (126,000) As a result of reduced revenue volume Portable & Fixed Equipment 135,000 10,000 10,000 (125,000) As a result of reduced revenue volume Operating Lease 15,000 20,000 12,000 (3,000) Sub-Total 555,000 58, ,000 (259,000) Contracted Services Janitorial Services 25,000 17,000 45,000 20,000 Daily cleaning Security Monitoring service 60,000 1,200 72,000 12,000 To avoid security issues in 2014 Recyclable Material Service 26,000 20,000 24,000 (2,000) Waste Oil Service RFD 2015 Budget Commentary Budget /12/2014 Page 2 of 3

8 DETAIL - OPERATING INCOME STATEMENT Beaver Municipal Solutions Total Total Total 2014 Budget Planning Forecast 2014 Budget 2014 Budget Forecast vs 2015 Budget Commentary Hazardous Material Service 1,200 1,200 1,200 - Electronics Material Service 2,500 2,500 2,500 - Tire & Paint Service 2,500 2,500 2,500 - Septic Pumping Services 8,000 4,000 8,000 - Dust Prevention 20,000 1,000 14,400 (5,600) Vector/Wildlife Control Trucking 902, , ,400 (170,600) Lower City of Edmonton volumes and reliance on AVS Sub-Total 1,048, , ,900 (146,100) Supplies & Materials Fuel 1,172, , ,301 (183,699) Lower volumes and fuel prices Oil, Grease & Lubricants 40,000 40,000 50,000 10,000 Filters - 40, Tires 70,000 67,000 67,000 (3,000) Repair Parts, Paint, Batteries, etc. 250, , ,000 (50,000) Preventive maintenance & cost control Shop Supplies & Welding 115,000 25, ,000 (10,000) Preventive maintenance & cost control Tools & Small Equipment - 5, Signs 5,000 9,500 9,500 4,500 Construction Materials - 1, Aggregate 5,000 30,000 30,000 25,000 Road maintenance Landscaping Supplies & Materials 5,000 5,000 15,000 10,000 Materials for fencing, landscaping main entry & scalehouse Janitorial Supplies 6,000 4,000 10,000 4,000 Testing Supplies 5,000 5,000 5,000 - Uniforms & Clothing 20,000 20,000 25,000 5,000 Safety Supplies & PPE 35,000 10,000 25,000 (10,000) Freight 10,000 7,000 10,000 - Sub-Total 1,738,000 1,536,500 1,539,801 (198,199) Repairs & Maintenance Building Repairs 60,000 25,000 25,000 (35,000) Due to capital expenditures Overhead Doors R & M - 5,000 5,000 5,000 HVAC & Plumbing R & M - 15,000 15,000 15,000 Regular maintenance of office and new buildings Wash Bay System R & M - 2,500 10,000 10,000 Quarterly maintenance Electrical R & M 2,500 15,000 15,000 12,500 Regular maintenance of office and new buildings Generator R & M - 2,500 2,500 2,500 Fire Alarm, Sprinkler & Security R & M 5,000 8,500 8,500 3,500 Scale System R & M 1,000 5,000 5,000 4,000 System support with new set up Exterior & Landscaping 5,000 2,500 10,000 5,000 Labour for fencing Bin Repair - 65,000 20,000 20,000 For lids; additional bins included in capital budget Highway Equipment 60, ,000 70,000 10,000 Off-Highway Equipment 20,500 35,000 80,000 59,500 Services not available in-house (e.g., track work, machining, etc) Leachate Piping & Pumping Stations 10,000 1,000 1,000 (9,000) Stormwater Ponds, etc. - 10,000 1,000 1,000 Portable Pumps, Lights & Generators - 1,000 3,000 3,000 Other equipment Gas Monitoring Wells Groundwater Monitoring Wells 10,000 20,000 20,000 10,000 Regular maintenance Sub-Total 174, , , ,000 Utilities Water 4,000 4,000 5,000 1,000 Sewer 2,000 2,000 2,000 - Natural Gas 27,000 15,000 30,000 3,000 Electricity 50,000 50,000 55,000 5,000 Related to new facilities Sub-total 83,000 71,000 92,000 9,000 Interest Expense - Long-term Debt 50,000 30,000 - (50,000) No outstanding loans in 2015 Sub-Total 50,000 30,000 - (50,000) Other Expenses Bin Purchases 9, (9,600) Grants & Donations 251, , ,000 49,000 As per policy Licenses & Permits 3,000 1,000 1,000 (2,000) Bank & Credit Card Charges 25,000 25,000 25,000 - Bad Debt Expense 10,000 2,000 10,000 - Sub-Total 298, , ,000 37,400 TOTAL EXPENSES 10,064,000 7,207,000 9,910,000 (154,000) Mainly due to decreases in rentals, contracted services, supplies & professional services, net of increase in labour cost and maintenance OPERATING INCOME 15,465,000 7,567,999 10,190,000 (5,275,000) Due to decline in revenue volumes 7.1 RFD 2015 Budget Commentary Budget /12/2014 Page 3 of 3

9 Beaver Municipal Solutions 2014 Capital Plan and 2015 Capital Plan Budget including Carry-over PRELIMINARY 2014 Approved 2014 Revised Year to Date to Nov 30, Carryoveover Total 2014 & 2015 Carry Budget 2015 Budget - Carry-over Budget Budget 2014 Forecast New and New Land Land Purchase 242, , , , ,500 TOTAL LAND - 242,500 Buildings Office & Scalehouse Renovation 350, , , , ,000 Landfill Equipment Shed 180, , , , , ,000 Transfer Station - solar yard lights 80,000 80, ,000 80,000 80,000 Transfer Station - office trailers 90,000 90,000 5,522 35,000 89, ,000 89,000 TOTAL BUILDINGS 925, ,000 Equipment Track-type Loader 750, , , , ,400 Kubota-type Tractor Transport 22,000 22,000 19,389 19,389 19,389 - Pressure Washer with Trailer 21,000 21,000-21,000 21,000 21,000 Highway Tractor 150, , , , ,500 Mechanic Shop - floor jack 2,000 2,000-1,784 1,784 - Mechanic Shop - heavy duty racking 2,000 2,000-2,693 2,693 - Mechanic Shop - tractor ramps 2,000 2,000-2,172 2,172 - Scale (second) 200, , Sanding Unit 7,500 7, ,500 7,500 7,500 Hoist for One-tonne 7,500 7, Truck Blade (one-tonne) 5,000 5, ,000 5,000 5,000 Light Towers (2) 45,000 45,000 21,360 21,360 21,360 42,720 21,360 Sale of Track-type Loader (100,000) (100,000) GMC Sierra Ford pickups 103, , ,437 - New Truck 46,000 46,000 46,000 - Generator Set 4,550 4,550 4,550 - Mobile lift - fall protection - 100, ,000 Pick up (1) - 50,000 50,000 Hauling truck/trailer/pacmor - 610, ,000 Water truck - leachate handling - 300, ,000 Rigid lift device/rail - shop 20,890 20,890 Allowance for equipment replacement 50,000 50,000 TOTAL EQUIPMENT 201,385 1,943,650 Other Stage 5 Landfill East Separation Berm 250, , , , ,063 - Landfill Capping 1,200,000 1,200,000-1,093,700 1,111,848 1,200,000 1,200,000 CAES - initial set-up and first machine 200, , , , ,000 - Second Maching 80,000 80, ,000 80,000 80,000 Server 80,000 80,000 35,320 35,320 35,320 - PacWeigh 50,000 50,000-50,000 50,000 50,000 Collection Bins 50,000 50, Time Tracking / Staff Time Clock 5,000 5, Computers & Office Equipment - 14,094 20,000 20,000 50,000 50,000 Other 6,459 7,000 7,000 - TAB filing system 34,181 34,181 34,181 - Manhole 750, ,000 Additional waste bins - new , ,000 Paving 500, ,000 Sediment pond improvements 300, ,000 Stage 8 design and leachate trmt 200, ,000 Recreational development 100, ,000 TOTAL OTHER 1,493,264 3,730,000 TOTAL $ 3,971,500 $ 3,971,500 $ 1,044,340 $ 2,619,649 $ 1,754,260 $ 4,392,057 $ 4,760,890 $ 6,515,150 Additional Approved Budget - Motion Oreco Wastewater 2,100, , , ,000 1,600, ,000 Motion Increase Collection Bin Budget to $120,000 from $50, , , ,493 - Motion Mobile Transfer Trailer 75,000 10,350 75,000 75,000 - Motions / Landfill Compactor 1,250,000 1,030,200 1,030,200 1,030,200 Motion Acreage Waste Bins 80,000-80,000 80,000 80,000 REVISED TOTAL $ 7,596,500 $ 3,971,500 $ 1,829,690 $ 3,580,142 $ 3,689,460 7,269,602 $ 4,760,890 8,450,350

10 Tonnes per Year 1,200,000 1,000, , , , , (forecast Dec) 2015 Budget Edmonton 86, , , , ,000 Other MSW 12,987 15,401 32,549 91, ,200 CS 365, , , , ,000 SW 3,966 32,556 23,025 45,575 29,500 Total 469, , , , ,700

11 Revenues by Category ('000s) $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $ (forecast Dec) 2015 Budget Landfill Disposal Contracts $3,619 $7,009 7,545 $12,943 $11,705 Trucking Contracts $1,779 $1,643 1,590 $2,062 $1,946 Municipal Contracts $195 $ $217 $217 Landfill Disposal Revenue $4,411 $5,319 2,986 $9,812 $5,660 Waste Bin Revenue $301 $ $318 $330 Other Revenue $125 $ $178 $242 Total $10,431 $14,638 12,762 $25,529 $20,100

12 Major Expenses ('000s) $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $- Labour costs Supplies and materials Contracted services Professional services Rentals and repairs Others Total 2011 $2,203 $1,043 $125 $385 $491 $ $4, $2,772 $1,049 $44 $415 $685 $ $5, ,452 1, , (forecast Dec) $4,523 $1,738 $1,048 $1,049 $729 $977 $10, Budget $5,301 $1,540 $902 $560 $588 $1,019 $9,910

13 Summary ('000s) $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $ (forecast Dec) 2015 Budget Revenues $10,431 $14,638 $12,762 $25,529 $20,100 Expenses $4,649 $5,618 $7,277 $10,064 $9,910 Operating Income $5,782 $9,020 $5,485 $15,465 $10,190

Table of Contents Beaver Municipal Solutions

Table of Contents Beaver Municipal Solutions Board Meeting September 10, 2015 Tofield Chambers, Tofield, AB Table of Contents Page 1. Call to Order (Preliminary Agenda) 1 2 2. Additions/Deletions to the Agenda (If Applicable) 3. Approval of Minutes