Backup — original pdf

Backup

FY2025-2029 Forecast Presentation April 24, 2024 April 14, 2021 Presentation Topics • ZWAC Priorities • Department Overview - Key Performance Metrics • FY25 Department Forecast • Residential Rates Forecast • CIP Highlights • Budget Timeline ZWAC PRIORITIES Facilities • Transfer Station • Service Center Fleet • Electrification • Additional Vehicles • Efficiencies Staff • Compensation • Staffing Levels Compliance • Enforcement Policies Litter Abatement • Trash in Creeks • Homeless Camps • Plastics • Illegal Dumping Disaster Preparedness • Financial Reserve • Staffing Levels • Household Hazardous Waste Department Overview Key Performance Measure FY21 Actuals FY22 Actuals FY23 Actuals FY24 Amended Lost Time Injury Rate Per the Equivalent of 100 Employees 0.42 .87 1.22 .75 Percentage of Combined Residential Collection Services Collected On-Time Average Customer Satisfaction with the Quality of All Curbside and HHW Services Estimated Percentage of Curbside Collected Materials Diverted from Landfills by ARR Percentage of URO-Affected Properties Reporting Access to Recycling for Employees and Tenants 99.83 99.85 99.82 99.85 No Data No Data 70.52% 85 41.96 38.32 63.42 40.32 80.36 84.56 62.30 70.00 Rate Development Goal: Rates/fees cover total Cost of Service Customers Revenue Offsets Direct + Indirect Expenses Cost of Service Cost of Service Components Direct + Indirect Expenses • Payroll Costs (D) • Fleet Management Costs (D) • Administrative & Staff Support (I) • Citywide Support Costs (I) Revenue Offset • Single Stream Recycling Revenue • Extra Garbage Customers • Projected Customer Count Financial Forecast-BASE FY 2024 Budget $126.1 M Cost Drivers $4.7 M New Invest. $1.0 M FY 2025 Budget $131.8 M Five-Year Forecast 126.1 131.8 141.9 147.6 152.4 156.6 $36.35 $38.00 $40.65 $41.65 $42.55 $42.95 Fee increase 11.7 11.7 Budget ($ millions) 14.5 14.7 CIP ($ millions) 13.5 13.0 Typical Rate Payer ∗ Typical Rate Payer data reflects monthly residential rate in dollars Base Forecast Highlights  31 new positions to account for customer growth  $4.05 Base Fee increase  $0.65 Residential Clean Community  $0.03/gallon increase for the 24- through 64-gallon trash carts; $0.14/gallon increase for 96-gallon trash carts CLEAN COMMUNITY FEE 2024 2025 2026 2027 2028 2029 ARR Residential $ 5.00 $ 5.55 $ 5.55 $ 5.55 $ 5.65 $ 5.65 AMENDED FORECAST FORECAST FORECAST FORECAST FORECAST $ 20.45 $ 21.45 $ 23.25 $ 23.60 $ 24.10 $ 24.50 BASE FEE CART FEES 24-gallon Res $ 4.10 $ 4.10 $ 4.45 $ 4.70 $ 4.80 $ 4.80 32-gallon Res $ 5.45 $ 5.45 $ 5.90 $ 6.25 $ 6.40 $ 6.40 64-gallon Res $ 10.90 $ 10.90 $ 11.85 $ 12.50 $ 12.80 $ 12.80 96-gallon Res $ 34.55 $ 36.50 $ 39.85 $ 43.20 $ 44.65 $ 48.00 TYPICAL RESIDENTIAL RATEPAYER CCF+ Base fees + 64-gallon Res $ 36.35 $ 37.90 $ 40.65 $ 41.65 $ 42.55 $ 42.95 BASE Forecast Residential Rates BASE Five-Year Forecast Fund Summary Financial Forecast ENHANCED Five-Year Forecast 126.1 131.8 143.0 150.6 155.8 160.4 $36.35 $37.90 $40.90 $42.35 $43.30 $43.70 11.6 11.7 Budget ($ millions) 14.2 14.7 CIP ($ millions) 13.5 13.0 Typical Rate Payer Enhanced Forecast Highlights  60 new positions to account for customer growth and expansion  $4.55 Base Fee increase  $0.90 Residential Clean Community Fee increase  $0.03/gallon increase for the 24- through 64-gallon trash carts; $0.16/gallon increase for 96-gallon trash carts ∗ Typical Rate Payer data reflects monthly residential rate in dollars Projects by Category Vehicles and equipment Landfill Improvements Buildings and Improvements FY25 Estimated Spending Plan $10.7 million $0.5 million $0.5 million FY 2025 Estimated Appropriation: $11.7million FY 2025 Estimated Spending Plan: $11.7 million CIP Forecast Highlights • Northeast Service Center • FM812 Landfill • Furniture Reuse Warehouse • Hornsby Bend Scalehouse CIP Current Year Highlights Budget Timeline • January 2024 ARR Budget Kickoff • March 8, 2024 Financial Forecast • May 3, 2024 Proposed Budget Due • July 12, 2024 Budget to Council • August 14-16, 2024 Budget Readings Questions