HomeMy WebLinkAboutDocumentation_Regular_Tab 08_7/9/2020Agenda Item #8.
Regular Council
STAFF MEMO
Meeting: Regular Council -Jul 09 2020
Staff Contact: Hugh Dunkley, Finance Director
Department: Finance
RESOLUTION 19-20, ADOPTING REFUSE, RECYCLING AND YARD WASTE COLLECTION
RATES FOR FISCAL YEAR ENDING 09/30/2021
The Village Council adopts annual refuse, recycling and yard waste collection rates. The proposed
rate for fiscal year ending 09/30/2021 is $157.70. This rate represents no change from the prior year.
Approve Resolution 19-20 adopting annual refuse, recycling and yard waste collection rates totaling
$157.70 for fiscal year ending 09/30/21.
Refuse & Recycling-FY2021-Resolution 19-20.ADA
Refuse & Recycling-FY2021-Resolution 19-20 Exhibit A.ADA
Page 74 of 191
Agenda Item #8.
RESOLUTION NO. 19-20
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, ADOPTING THE REFUSE, RECYCLING AND
YARD WASTE COLLECTION RATES FOR FISCAL YEAR ENDING
SEPTEMBER 30, 2021 AND AUTHORIZING THE VILLAGE MANAGER
TO PROCEED IN ACCORDANCE WITH THE VILLAGE'S ADOPTED
PROCEDURES; PROVIDING AN EFFECTIVE DATE; AND FOR
OTHER PURPOSES.;
WHEREAS, the Village Council adopts annual refuse, recycling and yard waste collection
rates of $157.70 for Fiscal Year Ending September 30, 2021;
WHEREAS, the Fiscal Year Ending September 30, 2021 rates represent no change from
the prior year and;
WHEREAS, the refuse, recycling and yard waste rates are to be adopted by resolution and
transmitted to the Palm Beach County Property Appraiser as part of a uniform method of
assessment of these rates by the Village of Tequesta;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 The Village Council hereby adopts the following rates to be effective
October 1, 2020 for Fiscal Year Ending September 30, 2021 and authorizes the Village
Manager to proceed on behalf of the Village in order to provide for their uniform
assessment:
• Total Single -Family Annual Rate for all collection services
(refuse/recycling/yard waste) _ $157.70
• Total Multi -Family Annual Rate for all collection services
(refuse/recycling/yard waste) _ $157.70
Section 2 This Resolution shall become effective immediately upon passage.
Page 75 of 191
Agenda Item #8.
Resolution No. 19-20
Refuse and Recycling Rate Calculations
Fiscal Year 2021
Revenues
Annual Residential Rate
157.70
Number of Units
3,197
Gross Refuse & Recycling Fees:
504,167
Less Discount: 4%
(20,167)
Collectible Ref & Rec Fees (Gross fees less discount):
484,000
Add Other Misc. Revenues:
1,100
Expenditures
Annual Vendor Fee
157.98
Number of Units
3,197
Vendor Fees:
505,070
Add Other Misc. Charges
1,000
Add Admin Fees
8,550
Rounding:
130
Revenues Exceed Expenditures by:
(29,650)
Vendor Fees - Detail
Annual Cost -
Unit Costs
By Month
By Year
All Units
Solid Waste Curbside
6.48
77.75
248,564
Vegetative Curbside
3.69
44.34
141.1753
Recycling Curbside
2.99
35.89
114.1752
Fuel Factor
0.00
0.00
-
Tota 1
13.17
157.98
505,070
PROJECTION:
WHEN DOES FUND BALANCE
RUN
OUT WITHOUT RAISING
RATES ,
FUND BALANCE AT 0913012018:
$ 118,099
OTHER EXP LESS
YEAR
FEES
OTHER REVENUES
NADV ASSESS
DIFFERENCE
FUND BALANCE
2019
$
4711494
$ 6,020
$
486,053
$ 8,539
$ 126,638
2020
$
488,172
$ 6,928
$
484,000
$ (11,100)
$ 115,538
2021
$
505,200
$ 8,450
$
484,000
$ (29,650)
$ 85,888
2022
$
522,882
$ 8,450
$
484,000
$ (47,332)
$ 38,556
2023
$
541,183
$ 8,450
$
484,000
$ (65,633)
$ (27,077)
Page 76 of 191