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HomeMy WebLinkAbout178-12 RESOLUTIONRESOLUTION NO. 178-12 A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $303,598.00 TO PROVIDE FUNDING FOR SOLID WASTE HAULING AND DISPOSAL FEES BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached as Exhibit "A", in the amount of $303,598.00 to provide funding for solid waste hauling and disposal fees. PASSED and APPROVED this 4th day of September, 2012. APPROVED: By: ATTEST: By: 441,6(74) SONDRA E. SMITH, City Clerk/Treasurer `NsOkK / TR��q'��,�ii .FAY • GST Y • FAYETTEVIL• LE:z) ;-s •-9Rk SPS•_`�. •G?.` City of Fayetteville, Arkansas Budget Adjustment Form V12.0724 Budget Year 2012 Division: Solid Waste & Recycling Department: Transportation Services Request Date 9/4/2012 Adjustment Number BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION $303,598 is requested in the solid waste disposal and contract services accounts. Due to increased volumes of solid waste handled at the transfer station, additional funding is needed for hauling and disposal. The contracted rates for hauling and disposal will be offset by increased revenue collected. Division He g -17—/,Z Date Bud Director De art in 1!rector yor Account Name Date 1? -/7—/Z Date .Zo 2— Date #7/ /Y ate 7/dal,/ Date Prepared By: John Nelson Reference: Type: jnelson Budget & Research Use Only A BCD EP General Ledger Date Posted to General Ledger Checked / Verified TOTAL BUDGET ADJUSTMENT Solid waste disposal Solid waste disposal Account Number 5500.5010.5316.00 3) 5500.5020.5316.00 3) Initial Date Initial 303,598 303,598 Increase / (Decrease) Date Project.Sub Expense Revenue Number 20,842 11,550 Solid waste disposal Solid waste disposal 5500.5030.5316.00 3) 5500.5040.5316.00 3) 42,394 163,617 Contract services Use of fund balance 5500.5040.5315.00 3) 5500.0950.4999.99 u 65,195 303,598 K:\01_Financial Services\Budget\2012 Budget\Solid Waste\Budget Adjustments\BA Form 2012_Disposal Fees 1 of 1 John Nelson Submitted By City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 9/4/2012 City Council Meeting Date Agenda Items Only Solid Waste & Recycling Division Action Required: Transportation Services Department Approval of a budget adjustment in the amount of $303,598 to provide funding for solid waste hauling and disposal fees. 238,403.00 65,195.00 Cost of this request 5500.xxx.5316.00 5500.5040.5315.00 Account Number N/A Project Number Budgeted Item 1,250,274.00 409,604.00 Category / Project Budget 694,282.00 $ 217,281.00 Services and Charges Services and Charges Program Category / Project Name Various Transfer Station Funds Used to Date Program / Project Category Name 748,315.00 Solid Waste Remaining Balance Fund Name Budget Adjustment Attached x Department D. for 41/K Icle}-6Leck_ Financ and Internal Services Director 5 -/?-/2 Date Date Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: 08-17-12 P03:01 Received in City Clerk's Office 4 Received in Mayor's Office RTEREP Vul /P!. Comments: Revised January 15, 2009 THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENT CORRESPONDENCE CITY COUNCIL AGENDA MEMO TO: Mayor Jordan and City Council THRU: Don Marr, Chief of Staff Terry Gulley, Transportation Services Director 1120 FROM: John Nelson, Management Accounting Coordinator DATE: August 16, 2012 SUBJECT: Solid Waste Hauling and Disposal Fees PROPOSAL: The Solid Waste & Recycling Division assumed operating the transfer station floor in October 2009. A contract was awarded to Waste Management of Arkansas for hauling and disposing of municipal solid waste with a provision allowing rate adjustments by using the difference in the United States Department of Labor Index For Goods and Services annually each December which is currently near 2%. Since the last quarter of 2009, continued steady growth in tonnage processed by the transfer station has occurred. There was 5,320 tons of waste processed in 2010 which compared to the 7,701 tons processed in 2011 equates to a 45% increase. When comparing the 2,932 tons processed the first six months of 2011 to the 5,709 tons handled the first six months of 2012, the increase is even larger at 95%. The overall percentage of increased materials handling since Solid Waste resumed operations of the transfer station is 115%. This has resulted in a large increase in the hauling and disposal fees for the division. RECOMMENDATION: Staff recommends approval of a budget adjustment in the amount of $303,598 to provide funding for solid waste hauling and disposal fees for the remainder of 2012. These funds will be offset by the increased revenue collected for disposal fees from outside customers that deliver directly to the transfer station. BUDGET IMPACT: The increase in expenditures will be directly offset by revenues. RESOLUTION NO. A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $303,598.00 TO PROVIDE FUNDING FOR SOLID WASTE HAULING AND DISPOSAL FEES BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached as Exhibit "A", in the amount of $303,598.00 to provide funding for solid waste hauling and disposal fees. PASSED and APPROVED this 4th day of September, 2012. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer