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HomeMy WebLinkAboutWD-84-86TOWN OF NEWCASTLE REPORT File # 6g- Res- By-Law # MEETING: THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE DATE: OCTOBER 20, 1986 REPORT #: WD -84 -86 FILE #: SUB.ECT : RECYCLING RECOMMENDATIONS: It is respectfully recommended: That Report WD -84 -86 be received for information. REPORT: Resolution C- 408 -86 of the May 26, 1986, Council requested staff to review and report on the communications received from the Ministry of the Environment introducing a new Municipal Recycling Support Program; and Resolution C- 725 -86 of the September 8, 1986 Council Meeting requested staff to report on the outcome of meetings concerning the possible cost sharing by area municipalities of the projected operating deficits for Durham Recycling Centre Inc. ....2 Page 2 Report No. WD -84 -86 On October 9, 1986, a letter of October 6, 1986 was received from G.A. Paterson, Director of Administration & Financial Services (see attached) requesting the area municipalities to respond to Regional Council by way of Council Resolution as to the agreement (at least in principle) to the proposed cost sharing arrangement involved in the funding of new facilities for Durham Recycling Centre. Representatives of the Public Works Departments of the area municipalities have been holding a series of meetings over the past several months to discuss this proposal as well as the future direction for recycling in the Region of Durham. At the conclusion of the latest such meetings, on October 10, 1986, 'there were still some outstanding issues to be resolved and some concerns with the current proposal presented in the Region's letter of October 6, 1986. The Region was represented at -the October 10, 1986 Meeting and aware that an immediate response to their October 6, 1986 letter will not be forthcoming. Council will be kept informed of any further developments with respect to recycling and the possible construction of new facilities for Durham Recycling Centre. It is expected that a response to the letter of October 6, 1986 will be possible in mid November. GJO: jco October 20, 1986. Respectfully submitted, 4 Gor n J. 0 gh, P. Eng., Director of Public Works. n77777D))) DURHAM The Regional Municipality of Durham Finance Department Durham Towers, 60 Bond Street West, P.O. Box 618, Oshawa, Ontario Canada, L1 H 8B6 (416) 571 -3311 J. L. GARTLEY, C M A Commissioner of Finance and Treasurer October 6, 1986 Mr. D.W. Oakes, Acting Administrator, Town of Newcastle, 40 Temperance St., Bowmanville, Ontario. L1C 3A6 Dear S,1'r :� RE: New Facilities for Durham R RECEIVED ( OCT X31986 BY ADMINISTRATOR'S OFFICE F' OCT 1986 Tm :?; ;V 0 F ; t �{ ;, , `� E CLMji DE AkNINT cling Centre Further to our meeting of September 23, 1986 regarding the financial analysis of proposed recycling activities within tho' Region, please find enclosed two computer spreadsheets which detail the projected operating deficits and funding (Attachments #1 and #2). 1. Scenario I - Base Case: Dated August 26, 1986 This scenario incorporates the cost and revenue forecasts for a five year period as developed by Durham Recycling Centre. Inc. (D.R.C.I.) and the Region. Revenues were based on current floor prices for all commodities and relatively conservative estimates for recovery rates of recyclable' material from the waste stream. Operating costs were forecasted by D.R.C.I. based on current non - unionized rates and included an average wage rate of $8.85 per hour-in Year 1 and inflated at an annual rate of 8 %. 2. Scenario II - Revised Case: Dated October 1, 1986 ^� This scenario includes three major revisions to assumptions as suggested at our meeting of September 23, 1986: a) wages were increased from an average rate of $8.85 per r hour to $12.35 per hour to reflect union rates; b) benefits were increased from 18% of gross wages to 24 %1of, gross wages to reflect union rates; b) the floor price of newspaper was reduced from $55 per jtonne to $50 per tonne. FILE 2 - V In comparing the two worksheets, it is evident that the three changes in assumptions result in substantially increased operating deficits throughout the five year period. The results of the analysis may, perhaps, be deemed a "worst case" situation. The major portion of the increase is due to the changes with respect to wages and benefits. The following table outlines the difference between the two scenarios and the impact that each factor contributes to the difference. IMPACT OF FACTORS CONTRIBUTING TO DIFFERENCE BETWEEN SCENARIO I (BASE CASE) AND SCENARIO II (REVISED CASE The impact of the wage and benefit factors is cause for concern. Unless municipalities are forthcoming with additional funds beyond the current tipping fee to meet the higher expenditures, the introduction of union based salary and benefit schedules into a non - profit organization may very well jeopardize the financial viability of the entire project. Therefore, the assumption of whether or not the recycling operation is faced with higher labour costs is very significant and may not be subject to any degree of certainty until the expanded operation actually commences. The table below summarizes the impact of these additional expenditures upon the M.O.E. funding and municipal share of costs. M.O.E. & MUNICIPAL FUNDING REQUIREMENTS FOR SCENARIO I (BASE CASE) AND SCENARIO II (REVISED CASE NET DEFICIT SCENARIO II - REVISED CASE FACTORS CONTRIBUTING TO DIFFERENCE M.O.E. Municipal Base Revised Total Increased Increased Decreased Total Year Case Cause Duff. Wages Benefits Paper Price Diff. 1 64,615 64,615 - 328,667 284,030 44,637 2 32,977 1 64,615 328,667 264,052 162,699 61,187 40,166 264,051 2 32,977 382,575 349,598 218,794 83,576 47,228 349,598 3 149,290 574,500 425,210 262,254 108,062 54,894 425,210 4 243,341 701,865 458,524 270,230 125,084 63,210 458,524 5 211,255 683,092 471,837 262,421 137,195 72,221 471,838 Total 701,478 2,670,699 1,969,221 1,176,398 515,104 277,719 1,969,221 The impact of the wage and benefit factors is cause for concern. Unless municipalities are forthcoming with additional funds beyond the current tipping fee to meet the higher expenditures, the introduction of union based salary and benefit schedules into a non - profit organization may very well jeopardize the financial viability of the entire project. Therefore, the assumption of whether or not the recycling operation is faced with higher labour costs is very significant and may not be subject to any degree of certainty until the expanded operation actually commences. The table below summarizes the impact of these additional expenditures upon the M.O.E. funding and municipal share of costs. M.O.E. & MUNICIPAL FUNDING REQUIREMENTS FOR SCENARIO I (BASE CASE) AND SCENARIO II (REVISED CASE SCENARIO I - BASE CASE SCENARIO II - REVISED CASE Net M.O.E. Municipal Net M.U.E. Municipal Year Deficit Share Share Deficit Share Share 1 64,615 64,615 - 328,667 284,030 44,637 2 32,977 32,977 - 382,575 265,270 117,305 3 149,290 100,175 49,115 574,500 232,846 341,654 4 243,341 92,377 150,964 701,865 130,625 571,240 5 211,255 44,199 167,056 683;092 55,996 627,096 Total 701,478 334,343 367,135 2,670,699 968,767 1,701,932- Increase from Scenario I to Scenario II 1,945,156 610,359 15334,797 NOTE: See Attachment #1 for the impact of the $1.3 million increase on the total deficit including annual building and container costs and diversion credit revenues. - 3 - It must be emphasized that the potential Provincial capital grants of about $100,000 for the building and containers has not been incorporated into either scenario. Should the grants actually be forthcoming, they would offset deficits shown in the analysis or be used as an offsetting factor against presently unforeseen capital costs. Also, it must be noted that Scenario II (Revised Case) is a very pessimistic scenario. While wages have been substantially increased to reflect union rates, potential revenue increases due to possible annual commodity price increases (e.g.. 5% per year similar to inflationary cost increases assumed in both scenarios) and higher recovery rates have not been incorporated into either scenario. As noted in the July report of Regional Council, Regional staff were instructed to negotiate with the area municipalities to determine a possible cost sharing arrangement ". The letter of September 16, 1986 included the proposal of the Region's administration which was discussed at the most recent meeting of September 23, 1986. Including the attachment, it is our understanding that all requests for data have been met. In addition, as mentioned at the recent meetings, agreements between the Region and area municipalities and the D.R.C.I. will be negotiated following approval in principle of the cost sharing arrangement. The agreements will include negotiated funding of potential municipal shares of surpluses /deficits between the area municipalities and the Region. It is now incumbent upon each area municipality to respond to Regional Council by way of Council resolution as to the agreement (at least in principle) to the proposed cost sharing arrangement. Thank you, in anticipation of an early response, and for your assistance in this matter. In the meantime, if you wish to discuss any aspect regarding the above,. please contact myself or Mr. J.R. McCorkell of the Region's Works Department. Yours truly, U.A. Paterson, Director, Admin. & Financial Services. PNR:vw Encl . c.c. J.L. Gartley W.A. Twelvetrees J.R. McCorkell �f ATTACFHENT #1 TOTAL DEFICIT INCLUDING OPERATING DEFICITS, CONTAINER AND BUILDING COSTS, AND PREVAILING DIVERSION CREDITS FOR THE BASE CASE AND REVISED CASE SCENARIOS 1) BASE CASE - SCENARIO #1 TOTAL $367,135 $479,615 $488,250 $1,335,000 $1,606,921 $271,921 2) REVISED CASE - SCENARIO #2 Operating Container Year Deficits Costs 1 44,637 95,923 Annual 117,305 Operating Container Building Total 4 Surplus Year Deficits Costs(1) Costs(2) Costs Revenues(3) (Deficit) 310,878 255,981 (54,897) 97,650 535,227 312,425 (222,802) 1 0 95,923 97,650 193,573 207,371 13,798 2 0 95,923 97,650 193,573 255,981 62,408 3 49,115 95,923 97,650 242,688 312,425 69,737 4 150,964 95,923 97,650 344,537 377,815 33,278 5 167,056 95,923 97,650 360,629 453,329 92,700 TOTAL $367,135 $479,615 $488,250 $1,335,000 $1,606,921 $271,921 2) REVISED CASE - SCENARIO #2 Operating Container Year Deficits Costs 1 44,637 95,923 2 117,305 95,923 3 341,654 95,923 4 571,240 95,923 5 627,096 95,923 TOTAL $1,701,932 $479,615 3) Difference $1,334,797 $488,250 $2,669,797 $1,606,921 $(1,062,876) $1,334,797 NOTES: Tq- $363,625 capital cost debentured for 5 years at 109'0. (2) $600,000 capital cost debentured for 10 years at 10%. (3) Based on prevailing gate price at Regional landfill sites. $1,334,797 Accum. Surplus (Deficit) 13,798 76,206 145,943 179,221 271,921 Amin. Surplus (Deficit) (30,839) (85,736) (308,538) (695,536) (1,062,876) Annual Building Total Surplus Costs Costs Revenues(1) (Deficit) 97,650 238,210 207,371 (30,839) 97,650 310,878 255,981 (54,897) 97,650 535,227 312,425 (222,802) 97,650 764,813 377,815 (386,998) 97,650 820,669 453,329 (367,340) $488,250 $2,669,797 $1,606,921 $(1,062,876) $1,334,797 NOTES: Tq- $363,625 capital cost debentured for 5 years at 109'0. (2) $600,000 capital cost debentured for 10 years at 10%. (3) Based on prevailing gate price at Regional landfill sites. $1,334,797 Accum. Surplus (Deficit) 13,798 76,206 145,943 179,221 271,921 Amin. Surplus (Deficit) (30,839) (85,736) (308,538) (695,536) (1,062,876)