Solid Waste
For the Six Months Ended March 31, 2022
Operating revenues of $11.26 million are 59% of the $19.11 million dollar budget compared to prior year operating revenues of $10.50 million at 61% of the $17.09 million dollar budget. Operating revenues increase 7.3% or $760,951 due to a 3% rate increase and growth. Operating expenses of $8.60 million are 42% of the $20.73 million dollar budget compared to $6.83 million in the prior year at 44% of the $15.52 million dollar budget. Operating expenses increase over the prior year by 26.1% or $1.78 million dollars due to the purchase of new equipment and Contract Services for solid waste disposal fees. The Transfer to the Capital Improvement Budget decreases ($1.46) million dollars due to the acceleration of equipment purchases in FY2021 and the moving of Solid Waste equipment from the capital to operating budget.
This fund does not receive a General Fund subsidy.
A total of $6.11 million in reserves are planned to be used in FY2022 to fund its capital improvement projects and operations. As of March 31, 2022, revenues exceed expenses by $1.86 million dollars.