mid-year budget evaluation

January 20th, 2011

Budget Actual % YTD Change from prior

year

Ad Valorem Taxes

$ 36,469,256

$ 27,782,810

76.2% $ 1,020,143

Sales Taxes 10,781,313

2,638,615

24.5%

(315,219)

Other Revenues 22,326,650

7,615,749

34.1% (173,569)

Total Revenues $ 69,577,219

$ 38,037,174

54.7% 531,355

Budget Actual * % YTD

General Fund $69,577,219 $30,955,813 44.50%

Does not include encumbrances of $1 million

Assistant County Manager 1 Project Specialist 1 IT Technician 1 Human Resource Specialist 1 Total 4

Amount reduced for FY 11-12 ~ $250,000

Revenue with FTE comparison FY 2005 thru Current FY

Environmental Health 3 Erosion Control 1 Inspections 1 Total 5Amount reduced for FY 11-12 ~ $200,000

Current Positions Frozen 4 Additional Recommendation 5 Total Reductions 9

County revenues: $ 5,433,947* Includes an appropriation of fund balance

County expenditures: Operating 5,433,947 Capital Outlay/Loan** 600,000

Total County exp. $ 6,033,947

*Equivalent to $18 increase in availability fee or approximately 1 cent on the tax rate to balance budget

** Annual debt payment for Two $1 million projects

Republic Services of North Carolina, LLC Option 1 Option 2 Option 3

Hydro Pro Services, LLC One Option

Santek Environmental, Inc Option 1 Option 2

Request permit modifications to allow for out of County tonnage

Transfer station would be closed $4.3 million for infrastructure improvements at landfill Municipalities and haulers would have to haul

tonnage to landfill Perform all activities for daily operation, design,

development, compliance, financing and site modifications

Revenue County loses tipping fee County keeps recycling revenue

Expense County loses transfer station cost Keeps MRF cost County loses landfill cost

Annual Net County Loss of $472,985

Cost is $50 per ton to haulers, towns and county

Mothball landfill, County responsible for closure & post closure

All county waste goes through transfer station and hauled to Upstate Regional Landfill

Municipalities and haulers would continue to bring waste to transfer station

Hauling is subcontracted to KRD Trucking Assume complete operations of the transfer station

Revenue County loses tipping fee County loses recycling revenue County loses scrap metal and white goods revenue

Expense County reduces operating costs to mothball /maintain

landfill County incurs new hauling costs

Annual Net County Loss of $402,000

Cost is $46 per ton to haulers, towns and county

Mothball landfill, County responsible for closure & post closure

All county waste goes through transfer station and hauled to Upstate Regional Landfill

Municipalities and haulers would continue to bring waste to transfer station

County would maintain operation of transfer station and MRF

Republic will advise the County on retrofitting transfer station to improve efficiency

Revenue County loses tipping fee

Expense County maintains operating costs of transfer

station and MRF County incurs new hauling costs

Annual Net County Loss of $1,212,000

Cost is $41 per ton to haulers, towns and county

Provide the personnel, equipment and materials to conduct day-to-day operations of the White Oak Landfill

Transfer station to be maintained by County

County hauls waste to the landfill County responsible for environmental

monitoring County responsible for site engineering

and future cell development

Revenue County keeps tipping fee County keeps recycling revenue

Expense County costs to contract for management of

landfill increases County incurs cost for engineering

Annual Net County Loss of $400,000

Daily management of White Oak Landfill Leachate Transport/Disposal Environmental Monitoring Construction of new Scale House and Scales Construction of Public Convenience Center at

Landfill Option of a Ten Year or Twenty Year Contract Future cell development with 325 tons per day Closure and Post-Closure Fund

Revenue County keeps all fees Option to renegotiate at 325 tons per day Guarantee of 30 years of disposal capacity

Expense County’s cost to operate landfill is reduced No additional cost to County for capital site modifications:

scale house, scales and convenience center Annual Net County Gain of $462,000 for 10-year

agreement Annual Net County Gain of $480,000 for 20-year

agreement

No change to fees

$225,000 per acre for 60.6 acres totals $13,635,000 Current unfunded liability of $5,596,211 Equates to $454,500 per year over 30 years $14 per household annually

Projected Costs for Future Cell Development and ConstructionFuture Cell Costs $15,500,000

Equates to $484,375 per year over 30 years $16 per household annually

Cost Avoidance of $29.1 Million for future cells and closure/post-closure at 325 tons Equates to $30 household availability fee avoidance

Eliminates majority of fixed costs and recurring capital expenditures

Projected Savings of $940,000 Equates to $29 on household availability fee

Annual operating cost $6,033,427 $110Annual contribution for closure and post closure liability 454,500 14Decrease fund balance

appropriation 465,000 15Total Solid Waste Management annual County cost 6,952,927

139

Annual budget under Santek 6,029,927 115 Cost of doing nothing $ 923,000 *

24

*This equates to $27,690,000 over 30 years

4,440 sf Roof replacement with standard .060”

EPDM roof membrane Full tear off and replacement $25,000 Interior repairs: ceiling and painting

$5,000

14,400 sf Renovations ($30 PSF) $330,000 Estimate is not based on complete

remodel Estimate will vary depending on which

departments are relocated to Annex II

14,995 sf Renovations ($41 PSF) $475,000 Project will be more per square foot due

to the interior wall structure and the cost for additional electrical work

Estimated cost reflects partial renovations

11,320 sf Renovations (pending type of occupancy)

$600,000 - $750,000. Building needs a new roof soon if there is any

sign this building will be renovated Estimated cost to replace the roof with a

“rolled roofing” material would be $55,000. Includes some minor replacement of the roof

sheathing Even if there never was anything in this building

other than storage it would be a good idea to replace the roof