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HomeMy Public PortalAbout001-2024 - Cost of Services Reimbusement From Solid Waste to Landfill Fund RICHMOND SANITARY DISTRICT RESOLUTION NO. 1 —2024 COST OF SERVICES REIMBURSEMENT RESOLUTION RICHMOND SANITARY DISTRICT SOLID WASTE AND LANDFILL FUNDS WHEREAS, the Richmond Sanitary District Landfill Fund has provided,at no charge,service to the Solid Waste Fund for many years; and WHEREAS, the lost revenue for providing these services amounted to $942,952.90 in calendar year 2023;and WHEREAS, the current fees at the Landfill are enough to cover operating needs, but do not provide for longer term capital needs; and WHEREAS, the Solid Waste Fund has previously provided funding to the Landfill for cell construction, equipment replacement and other large capital needs, and WHEREAS, it is desirable per the State Board of Accounts Auditors for the Landfill to fund its capital needs internally via the Landfill Fund. NOW, THEREFORE, be it resolved by the Board of Sanitary Commissioners of the Richmond Sanitary District in consideration of the above stated recitals,the Board agrees: 1. Ptimose. The purpose of this resolution is to provide for the reimbursement of costs from the Solid Waste Fund to the Landfill Fund based on 2023 calendar year collections at the Landfill. This reimbursement of costs is to allow the Landfill to fund capital projects and equipment purchases internally within the Landfill Fund. 2. Costs. There shall be an internal transfer of$942,952.90:from the Solid Waste Fund to the Landfill Find for calendar year 2023. 3. Term. This resolution is for a reimbursement of costs of disposal for the 2024 calendar year, based on actual costs incurred in the 2023 calendar year. It is farther the intent of the Board of Sanitary Commissioners to update this resolution annually based on a new'year's data for costs incurred. BOARD OF SANITARY COMMISSIONERS Sue K....Miller r-T"-7 -i-laZCT-If, Vice President , • • s Member Attest: essica Foster, Recording Secretary