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HomeMy WebLinkAboutStaff Report 2409City of Palo Alto (ID # 2409) Finance Committee Staff Report Report Type:Meeting Date: 3/6/2012 March 06, 2012 Page 1 of 13 (ID # 2409) Summary T itle: Refuse Cost of Service Study Results Title: Results of Refuse Cost of Service Study and Plan for Restructure of Refuse Rates From:City Manager Lead Department: Public Works Recommendation Staff recommends that the Finance Committee recommend to the Council that: 1)Residential refuse rates be increased over a short term, but phased approach, to stabilize the Refuse Fund and avoid a projected sector imbalance between the residential and commercial ratepayers; 2)New residential rates for FY 2013 be structured using both a fixed and a variable component with the fixed component representing the cost for street sweeping developed by the cost of service model; and 3)A special rate stabilization and commercial outreach reserve dedicated to the commercial sector be established and the Refuse Fund’s expected revenues over expenses for FY 2013 be directed into this commercial reserve, with no change in commercial refuse rates in FY 2013. Executive Summary This report provides the results of the Refuse Cost of Service Study and makes recommendations for residential refuse rate changes. The Cost of Service Study (COSS) concludes that the existing rate structure results in a commercial and residential imbalance where the residential rates are not at a full cost recovery level while the commercial rates are in excess of expenses. Accordingly, the COSS recommends new residential rates that would bring the residential sector to a position of full cost recovery. Much of this imbalance has been caused by the past “conservation pricing” program, the incentive pricing system which lowers the cost for small garbage can sizes to encourage waste reduction. Staff recommends that new residential refuse rates which would eliminate the residential sector subsidy be phased in over a short term period not to exceed three years.Staff does not recommend that conservation pricing be fully eliminated over this three-year period. However, staff does recommend introduction of a flat rate component which would, in effect, reduce the level of conservation pricing. March 06, 2012 Page 2 of 13 (ID # 2409) Background In August 2010, the Refuse Cost of Service Study (COSS) was initiated in response to falling revenues in the Refuse Fund and the need to reevaluate the refuse rate structure. A particular concern was that refuse rates were based entirely on garbage can size, but expected to fund a broad range of programs including garbage collection and disposal, yard trimmings collection and processing, recycling collection and processing, commercial organics collection and processing, street sweeping, household hazardous waste, the Palo Alto landfill, and the annual clean-up day. As residents switched to smaller garbage can sizes through the success of the Zero Waste programs and as the economic downturn impacted services provided to businesses, revenues declined sharply. In addition to developing a rate structure that would result in more stable revenues, the COSS was also expected to address California’s Proposition 218. Proposition 218 requires that property-related fees, including refuse rates, be no greater than the cost to provide the service. At the time the last COSS was conducted Proposition 218 did not apply to Refuse rates. In 2011, in an effort to address some of the early findings of the COSS and to avoid exacerbating the sector imbalance, the Council implemented a flat rate residential rate increase of $4.62 that became effective in October 2011. In addition, Council authorized a $1.25 Million short term General Fund loan to ensure the overall health of the fund during the preparation of the COSS. Discussion This report provides information on the current financial outlook for the Refuse Fund, the residential rate structure proposed by the COSS, and options for modifying the residential rates. This information is based on the draft FY 2013 budget for the Refuse Fund, and the financial outlook and proposed rates will be updated when the FY 2013 budget is finalized. Refuse Fund Financial Outlook The cost of service model that has been developed during the study includes a 10-year financial forecast that analyzes expected revenues and expenses for each year. Table 1 provides the model forecast for Fiscal Years 2013 through 2016, as well as the projected revenues and expenses for FY 2012. These figures represent the base financial outlook in that they do not assume any changes to the current refuse rates. These figures also assume that the authorized General Fund loan of $1.25 million to the Refuse Fund for FY 2012 is not utilized, and therefore does not need to be repaid in FY 2013. The authorized loan amount was reduced to $625,000 at mid-year to maintain a safeguard because the current FY 2012 projections are not certain. While these numbers are projections in the out years and will be refined from year to year, the model is an important tool in achieving rate stabilization in the Refuse Fund. March 06, 2012 Page 3 of 13 (ID # 2409) Table 1: Refuse Fund Base Financial Outlook (thousands of dollars) Fiscal Year (FY)2011 (actuals) 2012 (projected) 2013 (model) 2014 (model) 2015 (model) 2016 (model) Revenues 31,488 31,083 28,958 28,958 28,958 28,958 Expenses 31,435 31,116 27,711 27,439 28,059 28,705 Change in Net Assets 53 0 1,247 1,519 899 253 Operating Reserve 53 53 1,300 2,819 3,718 3,971 The current Refuse Fund financial outlook represents a significant improvement over the figures presented to the Finance Committee from the preliminary cost of service model in April 2011.Reasons for the improvement to the Refuse Fund outlook include the following: ·The residential fixed monthly charge of $4.62 approved by City Council increases FY 2013 revenue by approximately $980,000. ·The permanent closure of the Recycling Center is expected to reduce FY 2013 expenses by approximately $400,000. ·Closure of the Palo Alto landfill in July 2011 results in significant reductions to expenses. ·Staff has continued to identify opportunities to reduce budget amounts wherever possible. ·A comprehensive review and update of Refuse Fund staffing allocations is projected to reduce FY 2013 expenses by approximately $600,000. ·Increased revenues resulting from service audits comparing services provided in the field with services indicated and billed by SAP Cost of Service Study (COSS) Results for Sectors The cost of service model utilizes the full dataset of SAP customer information to generate projected revenues. Revenues and expenses are allocated to the three customer sectors (residential, commercial, and rolloff), and then to services such as garbage, recycling, household hazardous waste, and street sweeping. The allocated expense information is used to develop rates for the various services. Assumptions about growth in customer numbers and inflation, as well as any planned rate changes, are used to develop a ten-year forecast of revenues and expenses. Table 2 provides the FY 2013 expenses for the three customer sectors and the individual services within each sector. Figure 1 uses residential garbage service as an example of how various expenses are allocated to each service. Table 2: FY 2013 expenses for the three customer sectors Residential Commercial Roll-off Garbage $4,076 $4,963 $4,108 March 06, 2012 Page 4 of 13 (ID # 2409) Recycling $1,778 $794 $0 Organics $2,230 $2,481 $0 Cleanup Day $475 $321 $0 Palo Alto Landfill $1,180 $1,932 $1,145 HHW $599 $0 $0 Street Sweeping $1,415 $216 $0 Total $11,752 $10,705 $5,253 Figure 1: Breakdown of expenses allocated to residential garbage service, thousands of dollars (* includes Palo Alto staff costs; total staff costs are approximately $225) $197, 5% $789, 19% $465,11% $119,3% $276, 7%$96, 2% $153,4% $1,981, 49% Allocated Charges*,4% Adminis tration*, 2% GreenW as te, 49% SMaRT Debt, 5% SMaRT Operation, 19% Kirby Disposal, 11% Kirby Put or Pay, 3% Zero W as te*, 7% A key goal of the cost of service study is to develop rates that assure that the revenues from each customer sector cover the expenses for that sector, so that no customer sector is subsidizing the rates of another. Table 3 provides the FY 2013 revenues and expenses by sector that demonstrate a current imbalance between the residential and commercial sectors. Table 3: FY 2013 revenues and expenses by sector Line of Business Estimated Revenue Estimated Expense Revenue Change Required for Parity Preliminary Value From April 2011 Residential $8,903 $11,752 +32%+79% March 06, 2012 Page 5 of 13 (ID # 2409) Commercial $14,642 $10,705 -27%-42% Roll-Off $5,413 $5,253 -3%+28% For FY 2013, residential expenses are projected to exceed revenues by approximately $2.8 million, while commercial revenues are projected to exceed expenses by approximately $3.9 million. Therefore, a residential revenue increase of approximately 32%, and a commercial revenue decrease of approximately 27%, would be required to reconcile the estimated difference between residential and commercial revenues and expenses in FY 2013. Table 3 also provides the preliminary percent revenue change figures that were provided to Finance Committee on April 5, 2011. At that time, the estimated residential revenue increase needed was 79%. The change in estimated residential revenue increase needed from 79% to 32% is due to the fixed residential monthly charge of $4.62 that was adopted for FY 2012 and to numerous improvements and corrections to allocation methods used by the cost of service model. Cost of Service Study (COSS) Results for Residential Rates The cost of service model uses the customer census information and the allocated expenses for the residential sector (shown in Table 2) to derive residential rates that balance revenues and expenses for the residential sector, and that eliminate conservation pricing from the refuse rate structure. The rates derived for FY 2013 by the model are provided in Table 4. Table 4: FY 2013 residential refuse rates derived by cost of service model Minican 32-gal 64-gal 96-gal 128-gal Garbage 14.16 17.40 26.03 34.66 47.67 Palo Alto Landfill 2.97 4.75 9.50 14.25 19.00 Recycling (64-gal)7.66 7.66 7.66 7.66 7.66 Yard Trimmings (96-gal)10.99 10.99 10.99 10.99 10.99 Cleanup Day 2.08 2.08 2.08 2.08 2.08 Street Sweeping 6.71 6.71 6.71 6.71 6.71 HHW 0.88 0.88 0.88 0.88 0.88 Total: $45.46 $50.48 $63.86 $77.24 $95.00 The rates provided in Table 4 vary only with the size of the customer’s garbage can because recycling containers and yard trimmings are assumed to be 64 gallon and 96 gallon sizes, respectively. The model also provides rates for recycling and yard trimmings that vary based on the size and number of containers. There are problems with attempting to immediately implement varying rates for recycling and yard March 06, 2012 Page 6 of 13 (ID # 2409) trimmings that are discussed later in this report. Table 5 compares the current residential refuse rates with the FY 2013 rates derived by the cost of service model. Table 5: Comparison of FY 2013 model and current residential rates Current Rate Including Fixed Model Rate for FY 2013 Percent Increase Minican $20.52 $45.46 121% 32-gallon $37.48 $50.48 34% 64-gallon $72.46 $63.86 -12% 96-gallon $106.38 $77.24 -27% 128-gallon $140.30 $95.00 -32% Table 6: Current breakdown of residential service levels. Service Level Number of Customers Percent of Customers Minican 5,191 29.2% 32-gallon 9,894 55.7% 64-gallon 2,373 13.4% 96-gallon 258 1.5% 128-gallon 41 0.2% Total:17,757 100% Given the magnitude of the rate increases that are needed for minican and 32-gallon service to reach the cost of service model rates, staff recommends that rate increases be phased in over some number of years. Phasing in the rate increases is most important to reduce the impact on ratepayers, but there are additional reasons to take this approach. First, staff intends to use the cost of service model that was developed for the study on an ongoing basis. The model will be updated each year with revised customer census, tonnage, budget, and other information that will be used by the model to modify expense allocations and update the rates. Staff expects that the rates calculated for FY 2013 will change as adjustments to the model are made. In particular, any further expense reductions will result in reductions to the rates calculated by the model. Second, changes to the City’s SAP software are needed before some changes associated with the rates can be implemented. For example, SAP does not currently track the size and number of recycling and yard trimmings containers used by each customer. SAP must be modified to track this information, and to include this information in the billing process, before variable rates for recycling and yard trimmings can be implemented. In addition, the interface between GreenWaste’s database and March 06, 2012 Page 7 of 13 (ID # 2409) the SAP system must be upgraded to allow GreenWaste to update this customer information in SAP. Finally, outstanding issues relating to multi-family residential customers should be addressed before the rate structure is finalized. Under the current rate and billing system, multi-family residents who have individual service are considered residential customers, but multi-family residents who share service (e.g. 40 unit apartment complex with a 8-yard garbage bin) are classified as commercial customers. This system of classifying multi-family residents based on their service type raises concerns about the fairness of charges for the annual clean-up day service, street sweeping, and household hazardous waste. Staff evaluated several options for phasing in changes to residential refuse rates. These options included the following to eliminate sector imbalance and conservation pricing: ·Option 1: 2 year phase-in ·Option 2: 3 year phase-in ·Option 3: 5 year phase-in ·Option 4: 7 year phase-in ·Option 5: 7 year phase-in (eliminate sector imbalance in 3 years, eliminate conservation pricing in 7 years) Options to eliminate sector imbalance but not immediately eliminate conservation pricing are: ·Option 6: 3 year phase-in (fixed percentage increase each year to all rates) ·Option 7: 3 year phase-in (flat increase each year to all rates) ·Option 8: 3 year phase-in (flat increase combined with fixed percentage increase) Figures 2, 3, 4, and 5 display the residential rates that result from Options 1, 2, 3, and 8, respectively. Figures for all eight options, including the annual percent changes to each rate that result, are provided in Attachment A. Figure 2: 2 year phase-in of rates that eliminate sector imbalance and conservation pricing (Option 1) March 06, 2012 Page 8 of 13 (ID # 2409) $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 Year Ra t e Minican 32-gallon 64-gallon 96-gallon 128-gallon Figure 3: 3 year phase-in of rates that eliminate sector imbalance and conservation pricing (Option 2) $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 FY 2015 Year Ra t e Minican 32-gallon 64-gallon 96-gallon 128-gallon March 06, 2012 Page 9 of 13 (ID # 2409) Figure 4: 5 year phase-in of rates that eliminate sector imbalance and conservation pricing (Option 3) $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 Year Ra t e Minican 32-gallon 64-gallon 96-gallon 128-gallon Figure 5: 3 year phase-in of rates that eliminate sector imbalance but do not eliminate conservation pricing using a combination of flat and percentage increases (Option 8) March 06, 2012 Page 10 of 13 (ID # 2409) $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 FY 2012 FY 2013 FY 2014 FY 2015 Year Ra t e Minican 32-gallon 64-gallon 96-gallon 128-gallon Figure 6 uses the two levels of service with the lowest and highest rates, the minican and 128 gallon service, to compare the four options that use a three year rate phase-in (Options 2, 6, 7, and 8) March 06, 2012 Page 11 of 13 (ID # 2409) $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 FY 2012 FY 2013 FY 2014 FY 2015 Year Ra t e Option 2: Minican, eliminate conservation pricing Option 6: Minican, eliminate sector imbalance with fixed percent Option 7: Minican, eliminate sector imbalance with flat increases Option 8: Minican, eliminate sector imbalance with combined approach Option 2: 128-gallon, eliminate conservation pricing Option 6: 128-gallon, eliminate sector imbalance with fixed percent Option 7: 128-gallon, eliminate sector imbalance with flat increases Option 8: 128-gallon, eliminate sector imbalance with combined approach 128 gallon Minican Staff recommends that new rates that eliminate the sector imbalance, but that do not immediately eliminate conservation pricing, be phased in over a period not to exceed three years. Further, it is recommended that the increase in FY 2013 be a combination of a flat increase of $2.09 and a fixed percentage increase of 5.3%. The residential rate increase in FY 2012 consisted of a flat monthly charge of $4.62. This charge currently appears on customer bills as “Fixed Resid. Monthly Charge”. The current flat monthly charge can be changed to a fixed charge of $6.71 for Street Sweeping (as derived by the cost of service model), an increase of $2.09. A further increase to residential rates of 5.3% would also be applicable in FY 2013. This approach, which is shown in Figure 5, would eliminate the sector imbalance over a three-year period while beginning to address conservation pricing. An additional benefit is that the fixed charge on customer bills would represent the actual cost of street sweeping services, while the current fixed charge does not align with any specific service. Staff is not recommending using the General Fund loan at this time. No increase is recommended for the commercial structure. March 06, 2012 Page 12 of 13 (ID # 2409) Commercial Reserve As described earlier and depicted in Figure 1, the Refuse Fund base financial outlook for FY 2013 includes revenues over expenses of $1.25 million. The recommended residential rate increase for FY 2013 is expected to generate $0.88 million. If staff’s recommendation for FY 2013 is adopted, revenues over expenses for FY 2013 would be expected to total $2.1 million. The commercial sector is projected to generate revenues in FY 2013 that are greater than expenses by approximately $3.9 million. In lieu of lowering commercial rates in FY 2013, staff recommends that the surplus of $2.1 million be designated as a special commercial reserve. This reserve would be dedicated to commercial purposes such as commercial rate stabilization and enhanced commercial programs. The reserve could also be used to fully fund the commercial share of the Palo Alto landfill post-closure costs. Table 7 provides the Refuse Fund Financial Outlook through FY 2013 assuming adoption of staff’s recommendations for residential rate increases and establishment of a commercial reserve. It should be noted that the remaining Residential/Commercial imbalance of $480,000 at the end of the three year phase-in (FY 2015) is due to the assumption of a three year phase-in of residential rates calculated for FY 2013. These rates will need to be adjusted each year to account for year to year inflation of expenses as well as any expense reductions that are implemented. Table 7: Refuse Fund Financial Outlook With Recommended Residential Rate Increases FY 2011 (actuals) FY 2012 (projected) FY 2013 (model) FY 2014 (model) FY 2015 (model) Revenues 31,488 31,083 29,834 30,709 31,585 Expenses 31,435 31,116 27,711 27,439 28,059 Change in Net Assets 53 0 2,123 3,270 3,526 Commercial Reserve NA NA 2,123 5,393 8,919 Remaining Res/Comm Imbalance NA NA 1,814 958 480 Timeline Following direction by Finance Committee, staff will finalize the refuse rates for FY 2013. The Refuse Fund projections and rates presented in this report will be updated as the FY 2013 budget is refined. Staff will return to Finance Committee with the final proposed rates in April 2012. Staff will then begin the Proposition 218 notification March 06, 2012 Page 13 of 13 (ID # 2409) process in coordination with the Utilities Department. Following City Council adoption, the new rates will become effective on July 1, 2012. Resource Impact The recommended residential rate increase is estimated to result in revenues over expenses of approximately $2.1 million in FY 2013. This surplus would be designated in a special commercial reserve dedicated to the commercial sector. Policy Implications The proposed Refuse Rate increase is consistent with current City Policies. Environmental Review The proposed actions do not constitute a project pursuant to CEQA. Attachments: ·Residential Rate Options (PDF) Prepared By:Brad Eggleston, Manager Solid Waste Department Head:J. Michael Sartor, Director City Manager Approval: ____________________________________ James Keene, City Manager Option 1: 2 Year Phase-in (eliminates sector imbalance and conservation pricing) Rate Increase Schedule FY 2012 FY 2013 FY 2014 Minican $ 20.52 $ 33.21 $ 45.89 32-gallon $ 37.48 $ 44.22 $ 50.96 64-gallon $ 72.46 $ 68.47 $ 64.47 96-gallon $ 106.38 $ 92.19 $ 77.99 128-gallon $ 140.30 $ 118.43 $ 96.56 Rate Increase Percentages FY 2012 FY 2013 FY 2014 Minican NA 62% 38% 32-gallon NA 18% 15% 64-gallon NA -6% -6% 96-gallon NA -13% -15% 128-gallon NA -16% -18% $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 2: 3 Year Phase-in (eliminates sector imbalance and conservation pricing) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 Minican $ 20.52 $ 28.98 $ 37.43 $ 45.89 32-gallon $ 37.48 $ 41.97 $ 46.47 $ 50.96 64-gallon $ 72.46 $ 69.80 $ 67.13 $ 64.47 96-gallon $ 106.38 $ 96.92 $ 87.45 $ 77.99 128-gallon $ 140.30 $ 125.72 $ 111.14 $ 96.56 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 Minican NA 41% 29% 23% 32-gallon NA 12% 11% 10% 64-gallon NA -4% -4% -4% 96-gallon NA -9% -10% -11% 128-gallon NA -10% -12% -13% $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 FY 2015 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 3: 5 Year Phase-in (eliminates sector imbalance and conservation pricing) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 Minican $ 20.52 $ 25.59 $ 30.67 $ 35.74 $ 40.82 $ 45.89 32-gallon $ 37.48 $ 40.18 $ 42.87 $ 45.57 $ 48.26 $ 50.96 64-gallon $ 72.46 $ 70.86 $ 69.26 $ 67.67 $ 66.07 $ 64.47 96-gallon $ 106.38 $ 100.70 $ 95.02 $ 89.35 $ 83.67 $ 77.99 128-gallon $ 140.30 $ 131.55 $ 122.80 $ 114.06 $ 105.31 $ 96.56 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 Minican NA 25% 20% 17% 14% 12% 32-gallon NA 7% 7% 6% 6% 6% 64-gallon NA -2% -2% -2% -2% -2% 96-gallon NA -5% -6% -6% -6% -7% 128-gallon NA -6% -7% -7% -8% -8% $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 4: 7 Year Phase-in (eliminates sector imbalance and conservation pricing) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Minican $ 20.52 $ 24.14 $ 27.77 $ 31.39 $ 35.02 $ 38.64 $ 42.27 $ 45.89 32-gallon $ 37.48 $ 39.41 $ 41.33 $ 43.26 $ 45.18 $ 47.11 $ 49.03 $ 50.96 64-gallon $ 72.46 $ 71.32 $ 70.18 $ 69.04 $ 67.89 $ 66.75 $ 65.61 $ 64.47 96-gallon $ 106.38 $ 102.32 $ 98.27 $ 94.21 $ 90.16 $ 86.10 $ 82.05 $ 77.99 128-gallon $ 140.30 $ 134.05 $ 127.80 $ 121.55 $ 115.31 $ 109.06 $ 102.81 $ 96.56 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Minican NA 18% 15% 13% 12% 10% 9% 9% 32-gallon NA 5% 5% 5% 4% 4% 4% 4% 64-gallon NA -2% -2% -2% -2% -2% -2% -2% 96-gallon NA -4% -4% -4% -4% -4% -5% -5% 128-gallon NA -4% -5% -5% -5% -5% -6% -6% $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 5: 7 Year Phase-in (eliminates sector imbalance in 3 years, and conservation pricing in 7 years) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Minican $20.52 $25.94 $31.56 $37.34 $39.84 $42.07 $44.08 $45.89 32-gallon $37.48 $41.90 $46.32 $50.74 $50.81 $50.86 $50.91 $50.96 64-gallon $72.46 $75.32 $77.81 $80.00 $75.46 $71.40 $67.76 $64.47 96-gallon $106.38 $107.80 $108.49 $108.60 $99.64 $91.65 $84.47 $77.99 128-gallon $140.30 $141.12 $140.92 $139.87 $127.21 $115.89 $105.74 $96.56 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Minican NA 26% 22% 18% 7% 6% 5% 4% 32-gallon NA 12% 11% 10% 0% 0% 0% 0% 64-gallon NA 4% 3% 3% -6% -5% -5% -5% 96-gallon NA 1% 1% 0% -8% -8% -8% -8% 128-gallon NA 1% 0% -1% -9% -9% -9% -9% $0 $20 $40 $60 $80 $100 $120 $140 $160 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 6: 3 Year Phase-in (eliminates sector imbalance with fixed percentage increases) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 Minican $ 20.52 $ 22.71 $ 24.91 $ 27.10 32-gallon $ 37.48 $ 41.49 $ 45.49 $ 49.50 64-gallon $ 72.46 $ 80.21 $ 87.95 $ 95.70 96-gallon $ 106.38 $ 117.75 $ 129.13 $ 140.50 128-gallon $ 140.30 $ 155.30 $ 170.30 $ 185.30 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 Minican NA 11% 10% 9% 32-gallon NA 11% 10% 9% 64-gallon NA 11% 10% 9% 96-gallon NA 11% 10% 9% 128-gallon NA 11% 10% 9% $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 FY 2012 FY 2013 FY 2014 FY 2015 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 7: 3 Year Phase-in (eliminates sector imbalance with flat increases to rates) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 Minican $ 20.52 $ 24.63 $ 28.74 $ 32.85 32-gallon $ 37.48 $ 41.59 $ 45.70 $ 49.81 64-gallon $ 72.46 $ 76.57 $ 80.68 $ 84.79 96-gallon $ 106.38 $ 110.49 $ 114.60 $ 118.71 128-gallon $ 140.30 $ 144.41 $ 148.52 $ 152.63 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 Minican NA 20% 17% 14% 32-gallon NA 11% 10% 9% 64-gallon NA 6% 5% 5% 96-gallon NA 4% 4% 4% 128-gallon NA 3% 3% 3% $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 FY 2012 FY 2013 FY 2014 FY 2015 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon Option 8: 3 Year Phase-in (eliminates sector imbalance with combination of fixed percentage and flat increases to rates) Rate Increase Schedule FY 2012 FY 2013 FY 2014 FY 2015 Minican $ 20.52 $ 23.69 $ 26.86 $ 30.08 32-gallon $ 37.48 $ 41.54 $ 45.60 $ 49.66 64-gallon $ 72.46 $ 78.36 $ 84.24 $ 90.05 96-gallon $ 106.38 $ 114.06 $ 121.71 $ 129.22 128-gallon $ 140.30 $ 149.76 $ 159.19 $ 168.38 Rate Increase Percentages FY 2012 FY 2013 FY 2014 FY 2015 Minican NA 15% 13% 12% 32-gallon NA 11% 10% 9% 64-gallon NA 8% 8% 7% 96-gallon NA 7% 7% 6% 128-gallon NA 7% 6% 6% $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 FY 2012 FY 2013 FY 2014 FY 2015 Year Rate Minican 32‐gallon 64‐gallon 96‐gallon 128‐gallon