This Proprietary enterprise fund accounts for the operation of the Recycling Center, which became part of Boulder County in 2002 by virtue of an Intergovernmental Agreement among the entities represented in the Recycling Authority. Revenues are derived from the sale of processed recycled scrap materials, which fund the expenditures of operating the facility and payment to the haulers as incentives. Given the volatile nature of the recycled scrap market, which is driven not only by domestic factors but worldwide demand and availability of resources, special consideration is given to budgeting the revenue and corresponding expenditures in the fund. However, the adopted revenue budgets over the last 4 years in this fund have been very conservative due to the nature of the industry. The $11,957,671 adopted expenditure budget for 2023 includes $2.6 million for capital equipment and improvements.