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HomeMy WebLinkAbout1994-121 Sanitary Rate IncreaseDecember 14, 1994 Honorable Mayor and city Council Councillors Reid, Acklin, Administrator Almquist Ashland Sanitary Rate Increase Request The committee appointed by the Mayor met with Ashland Sanitary Service representatives on December 12 to review their financial statements and their justification for the proposed increase. Findings: 1. The last increasewas approved bythe Council in July 1990 when rates were increased $6.00 per can. $5.75 of this increase was designated for a landfill closure fund administered byJackson County and 25¢ for Ashland Sanitary Service. The Portland Area CPI has risen 19.3% since July 1990 and the requested increase of $1.20 on the $6.25 retained byAshland Sanitary for operations represents a 19.2% increase. The overall increase requested on the $12.00 per can rate is 10%. 3 o As a result of the need to ~crease its recycling efforts and upgrade its maintenance facility, Ashland Sanitary plans to expend some $365,000 in capital improvements next year. This will result in an annual increase in costs of $114,000, The industry standard for return on total assets is 14.1%. In order to allow for the additional expense of $114,000 and meet the industry standard, total revenues will need to be increased by a net of $134,000 ($150,000, less a projected 1% loss in overall revenues). The recycling program is currently experiencing a loss of approximately $130,000peryear, which is partially offset by profits for other garbage operations, further justifying the need for the requested increase. RECOMMENDATION: After a review of the proposal, the committee recommends approval of the 10% increase in rates requested by Ashland Sanitary Service. The conlmittee also noted that an additional rate increase may be requested by Ashland Sanitary in June 1995 after the final costs of closing the Valley View landfill are refined and the new costs of the transfer of garbage to the Dry Creek Landfill are known. There will also be a downward adjustment to the monthly $5.75 per can Valley View closure component at that time. ASHLAND SANITARY SERVICE RATE INCREASE JUSTIFICATION The following calculations and justifications are intended to reflect additional expenditures required by Ashland Sanitary Service, Inc. which can not be compensated for under the existing rate structure. This informa!ion does not justify the current base rates. These increases do not include additional costs to haul waste to either the D~y Creek or the South Stage Landfills. ANTICIPATED EXPENDITURES: TOTAL COST ANNUALCOST 1. Used Recycle Truck $45,000 $9,000 2. Two Compactor Trucks $200,000 $40,000 3. Replace Maintenance Shop $120,000 $15,000 4. Hazardous Waste Collection Program $15,000 5. Hire One New Recycle Employee $35,000 6. Annual Financial Audit (683 County Customers Only) NOTE: Annual costs for trucks are based on five year loans, Maintenance Shop is based on 30 year modgage. ANNUAL TOTAL: $114,000 $5,000 ADJUST NET PROFIT TO iNDUSTRY STANDARD: 1993 Profit of $23,387 based on net fixed assets of $307,735 (Net Profit = 7.6%). REFERENCE: Third pady audit supplied to Jackson County in June, 1994, Standard Profit for privately held companies is approximately 14.1%. REFERENCE: Jackson County Refuse Operators Rate of Return and Regulatory Rate Setting Issues and Options, Deloitte & Touche, August, 1990. ADDITIONAL PROFIT REQUIRED: ($307,735 X 0.141) ~ $23,387 ~ $20,004 NET ANNUALINCREASE REQUIRED: $134,004 PER CAN RATE ADJUSTMENT FOR RESIDENTIAL CUSTOMERS: CUSTOMER BASE: Residential = 5354 Commercial = 642 REVENUE GENERATION: Residential = 57% Commercial = 43% REFERENCE: 1993 Customer Service Code for Ashland Sanitary Service. REFERENCE: 1990 Rate increase Documentation. ASHLAND AND TALENT: ($134,000 x 0.57) / 5354 Customers / 12 months = $1.20 / Month. ADJUSTED RATE = $12.00 + $1.20 = $13.20 / MONTH (10% INCREASE) NOTE: Rate adjustment calculations are consistent with 1990 Rate Study. Page 1 JACKSON COUNTY CUSTOMERS = 683 residential and commercial customers outside of Ashland and Talent City Limits. $1.20 + $5000 / 683 Customers / 12 months = $1.80 / Month ADJUSTED RATE = $12.50 + $'1.80 = $'14.30 / MONTH ~14.4% INCREASE) ADDITIONAL CHARGE FOR RURAL CUSTOMERS Customers with pick up locations more than 30 yards from a public road will be assessesd $0.60 per minute for the time required to drive from the public road to the pick up point and back. Maximum charge: $5.001Month). RATE ADJUSTMENT FOR 25 YARD DROP BOXES: Current Rate = $138.00 / Box, including drop off and pickup, plus $10.00 / day rental. PROPOSED RATE: INCREASE DISPOSAL RATE BY 10% AND ADD $75.00 DELIVERY AND PICKUP FEE. ADJUSTED RATE = $138,(~(~ X 0,'10 + $78,00 = $227.00 (64% INCREASE) Daily rental rate will not change. NOTE: A comparable box supplied by Rogue Disposal Costs $265.25 plus $8.00 / day. RATE ADJUSTMENTS FOR SPECIAL SERVICES SUCH AS 1.5 CUBIC YARD CONTAINERS WILL BE INCREASED BY 10% CONSISTENT WITH THE PER CAN RATE ADJUSTMENT. Page 2 Ashland Sanitary and Recycling Commercial Container Rates 1 YARD CONTAINER Holds seven 32-gallon cans Once Weekly Twice Weekly Three Times Four Times Five Times Every Day Monthly Rates OLD RATE $61.00 $100.50 $140.00 $179.50 $219.00 $258.50 NEW RATE $67.10 $110,55 $154.00 $197.45 $240.90 $284.35 1 1/2 YARD CONTAINER Holds ten $2-gallon cans Once Weekly T~sce Weekly Three Times Four Times Five Times Every Day Monthly Rates OLD RATE $68.00 $116.50 $161.00 $209.50 $255.00 $301.50 NEW RATE $74.80 $128.15 $177.10 $230,45 $280,50 $331.65 2 YARD CONTAINER Monthly Rates Holds fourteen 32-gallon cans OLD RATE NEW RATE Once Weekly $87.00 $95,70 Twice Weekly $152.00 $167.20 Three Times $217.00 $238.70 Four Times $282.50 $310.75 Five Times $348.00 $382,80 EveryDay $412.00 $453.20 DROP BOXES 2S-Yard box $152.00/load + $75 Deliver/Pickup Fee Daily Rental = $10.00 10-Yard box (new service) $60.00/load + $75 Deliver/Pickup Fee Daily Rental = $10.00 Note: Rates are based on $6.00/Yard Per Box Rates OLD RATE NEW RATE $138.00 $226.80 -- $135.00 COMPACTOR BOXES 1- to 4- Yard Rear Loader Box Per Box Rates OLD RATE NEW RATE $19.40/Yard $21.40/Yard 15- to 25- Drop Box Compactor $11.00/Yard Note: Per Box disposal fee depends on box size $12.10/Yard + $75.00/Pickup \ ! o "~ 0 × [gl