HomeMy WebLinkAbout087-R-22 Authorizing the Transfer of Funds from the General Fund to the Solid Waste Fund9/27/2022
87-R-22
A RESOLUTION
Authorizing the Transfer of Funds from the General Fund
to the Solid Waste Fund
WHEREAS, The Solid Waste Fund is an enterprise fund that
accounts for all activity related to refuse, recycling, and yard waste collection and
disposal. Activities necessary to provide such service include, but are not limited
to: administration, operations and revenue collection; and
WHEREAS, The Solid Waste Fund revenue derives from: charges
for services (72.1 %), property tax (21.3%) and other fees and miscellaneous
revenue (6.6%); and
WHEREAS, The Solid Waste Fund should have a minimum of
16.6% of expenses maintained as a reserve ($1.2 million). The Solid Waste
Fund is projected to end FY2022 with a negative fund balance of ($232,048); and
WHEREAS, The contractual services expenses, for collection and
disposal of refuse and yard waste, comprise 47% of the fund expenses and the
contracts for these services include automatic annual increases tied to the
Consumer Price Index (CPI), with a minimum 1.5% increase and a maximum
3.5% increase; and
WHEREAS, Salary and benefits of City employees, for the
collection of recyclable waste and administration, comprise 24.4% of the fund
expenses and annual salary increases are included in the negotiated Union
Contract; and
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87-R-22
WHEREAS, At the August 9, 2022 Finance and Budget Committee
meeting, staff presented different scenarios and options to achieve a positive
fund balance including: a significant service charge increase, property tax
increase and minor service charge increases and a one-time $1 million transfer
from the General Fund Reserve in 2022 and minor service charge increases in
2023 and 2024; and
WHEREAS, The Finance and Budget Committee discussed these
different scenarios and recommended the scenario to transfer $1 million from the
General Fund Reserve to the Solid Waste Fund in 2022 and minor (2%) service
charge increases in 2023 and 2024 be implemented.
NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: The Finance Division shall transfer $1 million from the
General Fund to the Solid Waste Fund in 2022.
SECTION 2: As part of the FY2023 budgeting process, staff shall
prepare an Ordinance for City Council consideration that would increase the
charges for services in the Solid Waste Fund by 1.8% effective January 1, 2023.
SECTION 3: That this Resolution 87-R-22 shall be in full force and
effect from and after its passage and approval in the manner provided by law.
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87-R-22
hanzd vdc, I j
Daniel Biss, Mayor
Attest: Approved as to form:
✓iiiMolas &. CumAt.cru�s
Stephanie Mendoza, City Clerk Nicholas E. Cummings, Corporation
Counsel
Adopted: September 27 12022
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Option 2-B
$1m Transfer from GF in 2022 and Service Charge Increases in 2023 and 2024
2022 2023 2024 2025
Increase 0.0% 1.8% 1.8% 0.0%
Revenue
One -Time Transfer
Residential Refuse Charges
Apartment Refuse Charges
Condo Refuse Charges
Yard Waste Charges
Service Charge Penalties
Special Pick Up fees
Property Taxes
Franchise fees
Other
Total Revenue
Expenditures
Personnel
Vehicular
Contractual Costs
Other Costs
Total Expenditures
1,000,000
3,360,000
187,000
624,450
300,000
45,000
125,000
1,332,500
250,000
22,000
7,245,950
1,680,409
742,000
3,624,513
169,076
6,215,998
3,420,457
190,365
635,686
300,000
45,000
125,000
1,332,500
250,000
22,000
6,321,008
1,719,669
753,130
3,772,964
169,076
6,414,839
3,480,915
193,729
646,922
300,000
45,000
125,000
1,332,500
250,000
22,000
6,396,066
1,759,911
764,427
3,905,017
169,076
6,598,431
3,480,915
193,729
646,922
300,000
45,000
125,000
1,332,500
250,000
22,000
6,396,066
1,801,159
775,893
4,041,693
169,076
6,787,821
Beginning Fund Balance
(262,000)
767,952
674,121
471,756
Net Operating Revenue
1,029,952
(93,831)
(202,365)
(391,755)
Ending Fund Balance
767,952
674,121
471,756
80,001
Service
Current Annual
Charges
Proposed 2023
Charges
2022-23
Increase
Proposed 2024
Charges
2023-24
Increase
Proposed 2025
Charges
65 Gallon
$121.80
$123.99
$2.19
$126.18
$2.19
$126.18
95 Gallon
$274.92
$279.87
$4.95
$284.81
$4.95
$284.81
Additional Cart
$121.80
$123.99
$2.19
$126.18
$2.19
$126.18
Condo
$117.84
$119.96
$2.12
$122.08
$2.12
$122.08
Multifamily
$30.24
$30.78
$0.54
$31.33
$0.54
$31.33
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Doc ID: f220d9ebdae5cal63e345dfl7ad336cec49eaO5c