Exhibit_B_-_FY25_–_Solid_Waste_&_Recycling_RSA_–_Final_Report.pdf

City of Clearwater, FL

FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis – Final Report

August 11, 2025

August 11, 2025

Mr. Jay Ravins Finance Director City of Clearwater 100 S. Myrtle Avenue Clearwater, FL 33756

Re: FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis – Final Report

Dear Mr. Ravins, Stantec Consulting Services Inc. is pleased to present this Final Report of the FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis that we have completed for the City of Clearwater, Florida (City) and its Solid Waste/Recycling Department. We appreciate the excellent assistance provided by you and all the members of City staff who participated in this Study.

If you or others at the City have any questions, please do not hesitate to call me at (813) 269-6010 or reach me by email at leticia.doohaluk@stantec.com. We appreciate the opportunity to be of service to the City and look forward to working with you again in the near future.

Sincerely, Leticia Doohaluk Senior Manager

777 S Harbour Island Boulevard, Suite 600 Tampa, FL 33602 Leticia.Doohaluk@stantec.com

Enclosure

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TABLE OF CONTENTS

Introduction

Background

Objectives

Revenue Sufficiency Analysis

Source Data & Assumptions

2.1.1 Beginning Fund Balances

2.1.2 Revenues

2.1.3 Interest Earnings

2.1.4 Operating Expenditures

2.1.5 Cost Escalation

2.1.6 Payment in Lieu of Taxes (PILOT)

2.1.7 Pinellas County Dumping Fee

2.1.8 Transfer Station Upgrade

2.1.9 Capital Improvement Program

2.1.10 Customer Growth

2.1.11 Minimum Reserve Policy

Conclusion & Recommendations

Residential Solid Waste & Recycling Fee Survey

Appendix: Supporting Financial Schedules

1. Introduction

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INTRODUCTION

Stantec Consulting Services Inc. (Stantec) has conducted the FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis (RSA) for the City of Clearwater’s Solid Waste and Recycling Enterprise Fund (Utility or Fund). This report describes the objectives, data, and assumptions, as well as the conclusions and recommendations of the RSA.

BACKGROUND

The City regularly retains Stantec to evaluate the sufficiency of the revenues provided by the City’s current solid waste and recycling charges to meet the projected cost requirements of the Fund. In 2019, Stantec completed a Revenue Sufficiency Analysis update to the FY 2017 RSA. The FY 2019 RSA recommended annual rate adjustments of 3.75%, which were approved by City Council as a 5-year plan of annual rate increases through FY 2024. In the spring of 2021, Stantec completed the FY 2021 RSA, which confirmed that the 3.75% annual increases remained adequate through FY 2024 and the City continued implementing this previously approved rate plan until it expired in FY 2024.

Once the 5-year rate plan expired, the City engaged Stantec to perform an RSA in the spring of 2024 (Prior RSA) with the goal of developing a new 5-year plan of annual rate adjustments for the Solid Waste & Recycling Fund. The FY 2024 RSA identified increases in both operating needs and capital needs.

Operating costs increases were driven by tipping charges from Pinellas County, internal services charges and salaries and benefits costs. Capital costs increases were driven by the Solid Waste facility renewal project and both operating and capital costs were largely affected by one of the largest inflationary periods in recent US history. Despite the additional costs, the 2024 RSA recommend extending the 3.75% annual rate adjustments implemented previously through FY 2029.

In the spring of 2025, the City engaged Stantec to evaluate the sufficiency of the Solid Waste & Recycling revenues to cover all projected operating and capital costs of the Solid Waste & Recycling Fund over a 5-year planning period (FY 2026 thru FY 2030) and a 10-year projection period (FY 2026 thru FY 2036).

The results of this analysis are outlined in this report.

OBJECTIVES

The principal objectives of this FY 2025 RSA Study were as follows:

Revenue Sufficiency Analysis – Evaluate the sufficiency of current solid waste and recycling service revenues to generate the level of revenues necessary to satisfy the Utility’s projected requirements through FY 2035, including 1) operating expenses, 2) capital improvement program (CIP) costs and 3) adequate operating reserves; and develop a level plan of future rate revenue adjustments that will satisfy these projected requirements during each year of the 5-year planning period and the 10-year forecast.

1. Introduction

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Residential Solid Waste and Recycling Fee Survey – Conduct a survey that compares the City’s residential monthly solid waste and recycling fees to other solid waste and recycling services in the City’s surrounding geographic area.

2. Revenue Sufficiency Analysis

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REVENUE SUFFICIENCY ANALYSIS

This section presents the financial management plan developed and described herein, which includes the source data and assumptions, as well as conclusions and recommendations of the RSA. The Appendix includes detailed supporting schedules regarding the financial management plan presented in this report.

SOURCE DATA & ASSUMPTIONS

The following key assumptions were relied upon for the purposes of this analysis:

2.1.1 Beginning Fund Balances

The FY 2024 Annual Comprehensive Financial Report Statement of Net Position and supporting trial balance schedules provided by City staff were used to establish the beginning FY 2025 fund balances of the Fund as of October 1, 2024. It is important to note that funds reserved or encumbered for specific capital projects were included in the beginning fund balances and the associated capital project costs were also included in the capital improvement program.

2.1.2 Revenues

Fund revenues consist of solid waste and recycling service revenues, miscellaneous operating revenues, other non-operating revenues, and interest earnings.

FY 2025 projected solid waste and recycling revenues reflect year to date revenues for October 2024 through January 2025. February and March projected revenues are based on FY 2023 actual revenues, adjusted for 3.75% rate increases effective at the beginning of FY 2024 (10/1/2023) and FY 2025 (10/1/2024) and an assumed change in accounts. This is due to recycling fees being waived for October 2023 through March 2024, per direction of City Council. For April through September, projected revenues reflect the average of FY 2023 and FY 2024 receipts, adjusted for a 3.75% rate increase effective at the beginning of FY 2025 (10/1/2024) and an assumed change in accounts. Each year thereafter, both solid waste and recycling fee revenues are adjusted based on assumed annual rate increases as presented on Schedules 3 and 7 of the Appendix and projected change in accounts presented on Schedules 1 and 3 of the Appendix.

The FY 2025 Budget serves as the basis for most other operating and non-operating revenue projections with a few exceptions. Contractor collect fee revenues are directly correlated with roll-off revenues per discussion with staff. As such, the projection of contractor collect fees are adjusted annually based on assumed annual changes in roll-off accounts as presented on Schedule 1 of the Appendix. Moreover, the commercial sale of recyclables includes revenues from cardboards and metals, both of which experience large variability in pricing. As such, revenues reflect guidance provided by City staff.

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2.1.3 Interest Earnings

Annual interest earnings in each year of the projection were calculated based on projected average annual fund balances and assumed annual interest rates. Projected annual fund balances include funds dedicated to capital improvements. Interest rate assumptions were provided by City staff and reflect a rate of 2.25% in FY 2025 through the remainder of the projection period. Annual projected interest income is presented in Schedule 3 of the Appendix

2.1.4 Operating Expenditures

The Fund’s operating expenditures include all operating and maintenance (O&M) expenses, debt service on the lease purchase program, interim financing costs, and inter-fund transfers, including payment in lieu of taxes (PILOT). The RSA based the operating expenditure projections on the individual expense categories and amounts contained in the FY 2025 Budget. Starting in FY 2026, each expense line item is adjusted annually based on assumed future cost escalation factors discussed in Section 2.1.5 of this report. A complete list of all projected operating expenditures is presented in Schedule 4 of the Appendix.

2.1.5 Cost Escalation

Annual cost escalation factors for the various types of operating expenses were developed in collaboration with City staff. In general, all of the operating expenses, with the exception of pension plan expenditures, are projected to track with overall inflation patterns, and most other expenditure line items are projected to increase at annual rates of 3.00% to 8.00% depending on the item. The employee pension plan expenditures are calculated as a percentage of salaries and wages in each year. The specific escalation factors assumed for the various categories of expenses are presented on Schedule 5 of the Appendix.

2.1.6 Payment in Lieu of Taxes (PILOT)

The FY 2025 payment in lieu of taxes reflects the FY 2025 Budget as provided by City staff. Per City policy, the annual calculation of PILOT is based on 5.5% of the prior year’s audited total operating revenues. Given a delay in audited results, these transfers are calculated based on a two fiscal year lag.

Thus, FY 2026 reflects 5.5% of actual FY 2024 operating revenues, FY 2027 reflects 5.5% of FY 2025 projected operating revenue, FY 2028 reflects 5.5% of FY 2026 projected operating revenues, continuing this pattern through the projection period. The total annual payments allocated by the department are presented in Schedule 4 of the Appendix.

2.1.7 Pinellas County Dumping Fee

The waste collected by the City and throughout the City is disposed at the Pinellas County Solid Waste Facility (PCSW) and the County charges the City a tipping fee per ton to receive that waste. In FY 2024, the County adopted an 8.0% annual increase to its tipping fee, effective through FY 2028. Per discussion

City of Clearwater | FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis Stantec | 6 with staff, latest guidance provided by the County to City staff, and current market dynamics around the costs of operating waste disposal sites, as well as increased global concern with waste disposal and its impacts on the environment, the analysis assumes that annual adjustment will increase be 8.0% in FY 2029, continuing at that level throughout the remainder of the projection period. Notably, these charges represent approximately 20% of the Utility’s O&M expenses in FY 2025.

2.1.8 Transfer Station Upgrade

The City’s solid waste transfer station upgrade was completed in FY 2020. The City received interim financing for the transfer station upgrade that requires an annual interim financing repayment of $396,810 for ten years, which began in FY 2019. These payments are reflected in the financial management plan continuing through FY 2027 and can be found in Schedule 4 of the Appendix.

2.1.9 Capital Improvement Program

The Capital Improvement Program (CIP) was provided by City staff through FY 2031. The CIP includes a Solid Waste Admin Complex Rebuild project, and other ongoing renewal and replacement projects.

Starting in FY 2032, the RSA assumes a recurring level of ongoing renewal and replacement needs based on input from City staff. In total, the assumed CIP spending for FY 2025 through FY 2035 is approximately $34.7 million (in current day dollars). It is important to note that starting in FY 2026, the RSA includes an annual cost inflation factor of 3.0% applied to the CIP project costs to account for the inflation in the future cost of construction. A full list of the cash funded capital projects is presented on Schedule 6 of the Appendix.

2.1.10 Customer Growth

Customer growth projections were based on a review of historical data and input from City staff. For purposes of this analysis, the City believes that the service area is built out and the potential for new solid waste and recycling accounts is rather limited. As such, an assumption of 0.1% growth in accounts each year was applied to solid waste and recycling services through FY 2028.

In addition to solid waste and recycling, the City’s fee revenues include roll-off service revenues. In the last three to five years, the Fund experienced a high demand for roll-off services as large development projects throughout the City were still underway and revenue receipts from these past few years reflect historical highs. As portions of this large development have been completed, City staff expects a reduction to roll-off revenues. As such, the analysis reflects roll-off revenue reductions of 5.0% per year starting in FY 2026 per discussion with City staff.

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2.1.11 Minimum Reserve Policy

Reserve balances for enterprise funds are funds set aside for a specific cash flow requirement, financial need, project(s), task, or legal covenant. The level of reserves maintained by an enterprise fund is an important component and consideration of developing a multi-year financial management plan.

Many enterprise funds place significant emphasis on having sufficient reserves available for potentially adverse conditions. The rationale related to the maintenance of adequate reserves is twofold. First, it helps to assure an enterprise fund that it will have adequate funds available to meet its financial obligations during unusual periods (i.e. when revenues are unusually low and/or expenditures are unusually high). Second, it provides funds that can be used for emergency repairs or replacements, including those stemming from major storm events or from red tide events, which require additional cleanup efforts at the beaches of Clearwater.

Based upon Stantec’s industry experience, efficient enterprise funds often target a minimum operating reserve in the range of 3 – 12 months of annual O&M expenses, depending on other reserve funds and practices, local economic conditions and other financial management policies and procedures. For the City of Clearwater, the RSA reflects a minimum operating reserve target equal to six months of O&M expenses. This objective is generally not established as a strict minimum, as many factors could create circumstances under which a utility may elect to allow fund balances below that target for a defined period of time.

Given the projections discussed herein, operating reserves are projected to be maintained in excess of the six months target throughout the 5-year planning period (FY 2025 through FY 2030) but are projected to fall close to target by FY 2035, as shown in the Operating Fund chart below. This is because projected expenses (Cash Out) starting in FY 2031 outpace projected revenues (Cash In) forcing the Fund to use reserves, as shown in the Revenues vs. Expenses chart below. Although this projected use of reserves is an item of note as part of this RSA, it is something to be monitored as part of future RSA updates.

CONCLUSION & RECOMMENDATIONS

The FY 2024 RSA (Prior RSA) performed by Stantec for the City recommended the continuation of the 3.75% revenue adjustment for FY 2025 through FY 2029, which was approved by City Council in the summer of calendar year 2024.

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Since the completion of the FY 2024 RSA, projected operating and capital costs for the Solid Waste & Recycling Funds have remained comparable. Operating costs show slight increases compared to the prior RSA in FY 2032 & 2033, as evidenced in the Operating Expenses Comparison chart below.

The Solid Waste and Recycling 10-Year Capital Improvement Program (Capital Costs) is higher by approximately $6.5M (in present day dollars), as compared to the Prior RSA and presented in the 10- Year Capital Costs Comparison chart below.

Despite some increases to both projected operating expenses and the 10-year capital costs of the Fund, and based upon the assumptions and data presented herein, Stantec has concluded that the current plan of rate 3.75% rate adjustments through FY 2029 are still sufficient to meet projected revenue requirements of the Solid Waste & Recycling Fund through FY 2029.

Starting in FY 2031, however, projected expenses are expected to outpace revenues, as discussed in Section 2.1.11 of this report. As such, rate revenue adjustments beyond FY 2031 may need to be higher

City of Clearwater | FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis Stantec | 9 than the 3.75% recommended through FY 2029. Although this projected use of reserves is an item of note as part of this RSA, it is something to be monitored as part of future RSA updates.

The results of the Solid Waste & Recycling revenue sufficiency analysis are summarized in Figure 1 and the recommended new 5-year plan of rate adjustments is presented in Figure 2.1.

Figure 2.1 - FY 2025 RSA Solid Waste & Recycling Results

Table 2.1 – Proposed 5-Year Rate Adjustments & Customer Impacts1 Fiscal Year 2026 2027 2028 2029 2030

Rate Adjustment 3.75% 3.75% 3.75% 3.75% 3.75%

Monthly Solid Waste & Recycling Bill

$41.05 $42.59 $44.19 $45.84 $47.67

$ Change $1.49 $1.54 $1.60 $1.65 $1.83

Stantec recommends that the City continue to perform annual or biennial updates to the revenue sufficiency analysis to re-evaluate the adequacy of its solid waste & recycling fee adjustment plan. Doing so will allow for the incorporation of updated revenue and expense information, as well as changes in economic conditions, customer accounts and usage levels, regulatory requirements, and other factors

1 City Council has approved 3.75% annually through FY 2029.

CITY OF CLEARWATER, FL

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 FY 2026 FY 2030

Solid Waste Rate Plan 3.75% 3.75% 3.75% 3.75% 3.75% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 20.49% 46.60%

Roll-Off Rate Plan 3.75% 3.75% 3.75% 3.75% 3.75% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 20.49% 46.60%

Recycling Rate Plan 3.75% 3.75% 3.75% 3.75% 3.75% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

$39.56 $41.05 $42.59 $44.19 $45.84 $47.67 $49.58 $51.56 $53.62 $55.77 $58.01 Debt No $1.49 $1.54 $1.60 $1.65 $1.83 $1.91 $1.98 $2.06 $2.15 $2.24

Single Family Solid Waste & Recycling Monthly Bill

CALC SAVE CTRL LAST OVR

Operating Fund

CIP Spending

Revenues vs. Expenses

CIP Funding

Expenses by Type

$0.0M $5.0M

$10.0M $15.0M $20.0M $25.0M $30.0M

25 26 27 28 29 30 31 32 33 34 35

Debt Operating Fund Capital Projects Funds

$0.0M $10.0M $20.0M $30.0M $40.0M $50.0M $60.0M

24 25 26 27 28 29 30 31 32 33 34 35

Current Plan Target

$0.0M $5.0M

$10.0M $15.0M $20.0M $25.0M $30.0M

25 26 27 28 29 30 31 32 33 34 35

Current Plan

$0.0M $10.0M $20.0M $30.0M $40.0M $50.0M $60.0M

25 26 27 28 29 30 31 32 33 34 35

Cash In Cash Out

$0.0M $10.0M $20.0M $30.0M $40.0M $50.0M $60.0M

25 26 27 28 29 30 31 32 33 34 35

O&M PS CO TO

$0.0M $5.0M

$10.0M $15.0M $20.0M $25.0M $30.0M

24 25 26 27 28 29 30 31 32 33 34 35

Current Plan

Capital Project Funds

City of Clearwater | FY 2025 Solid Waste & Recycling Revenue Sufficiency Analysis Stantec | 10 that can materially affect the financial management plan. This will also ensure that the City’s Solid Waste & Recycling Fund will be able to meet its financial and operating requirements in the future and minimize rate impacts to customers from future events occurring differently than currently projected.

It is important to note that the projections of future conditions underlying this analysis are not intended to be predictions. There are multiple factors beyond the City’s control, such as weather, regulatory changes, national, regional, and local economic conditions, the rate of growth in new customers, customer reaction to rate adjustments, operating and capital cost inflation, and changes in the timing and composition of the fund’s capital improvement program, that will have material impacts on the future financial condition of the City’s fund operations. Further, the projections in this Study rely upon data and guidance provided during the course of the Study, and while the information utilized in this Study is believed to be reliable, detailed independent reviews or auditing of the data were not conducted.

As a result, there will usually be differences between forecast and actual results, because events and circumstances frequently do not occur as expected, and these differences may be material. While we have no responsibility to update this report for events and circumstances occurring after the date of this report, future management actions must be informed by and adjusted to reflect future results as they occur. These comments are provided to emphasize the importance of active management informed by the actual future results of fund operations by the City. While the planning effort supported by this Study will serve to guide and inform the City in balancing future revenue and spending decisions, it is only through observation of future results that the City will be able to determine the actions required to ensure its financial and operational objectives are met.

The Appendix includes detailed schedules presenting all components of the financial management plan developed for the Solid Waste & Recycling Fund.

3. Residential Solid Waste & Recycling Fee Survey

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RESIDENTIAL SOLID WASTE & RECYCLING FEE SURVEY

As part of the RSA, Stantec also performed a comparative survey of residential solid waste and recycling fees within the City’s surrounding geographic area. The survey reflects the monthly solid waste & recycling bill in effect for each community as of October 1, 2024 (FY 2025), based on information available to Stantec as of August 11, 2025. It is important to note that the bill comparisons presented in Figure 3.1 do not consider the frequency of trash and recycling pick up service or any additional sanitation services/charges implemented by each community. In other words, the level of service provided varies by community.

Figure 3.1 – FY 2025 Monthly Residential Solid Waste & Recycling Fee Survey

The survey demonstrates that the City’s solid waste and recycling fees are comparable to surrounding communities. Stantec expects most of the communities included in this survey to adjust rates in an upward trend in order to keep up with increasing costs of providing services and maintain appropriate levels of reserves.

Disclaimer

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Disclaimer

This document was produced by Stantec Consulting Services Inc. (“Stantec”) for the City of Clearwater, FL and is based on a specific scope agreed upon by both parties. Stantec’s scope of work and services do not include serving as a “municipal advisor” for purposes of the registration requirements of the Dodd- Frank Wall Street Reform and Consumer Protection Act (2010) or the municipal advisor registration rules issued by the Securities and Exchange Commission. Stantec is not advising the City of Clearwater, FL, or any municipal entity or other person or entity, regarding municipal financial products or the issuance of municipal securities, including advice with respect to the structure, terms, or other similar matters concerning such products or issuances.

In preparing this report, Stantec utilized information and data obtained from the City of Clearwater, FL or public and/or industry sources. Stantec has relied on the information and data without independent verification, except only to the extent such verification is expressly described in this document. Any projections of future conditions presented in the document are not intended as predictions, as there may be differences between forecasted and actual results, and those differences may be material.

Additionally, the purpose of this document is to summarize Stantec’s analysis and findings related to this project, and it is not intended to address all aspects that may surround the subject area. Therefore, this document may have limitations, assumptions, or reliances on data that are not readily apparent on the face of it. Moreover, the reader should understand that Stantec was called on to provide judgments on a variety of critical factors that are incapable of precise measurement. As such, the use of this document and its findings by the City of Clearwater, FL should only occur after consultation with Stantec, and any use of this document and findings by any other person is done so entirely at their own risk.

Appendix: Supporting Financial Schedules

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APPENDIX: SUPPORTING FINANCIAL SCHEDULES

Schedule 1 Assumptions

Schedule 2 FY 2025 Beginning Balances

Schedule 3 Projection of Cash Inflows

Schedule 4 Projection of Cash Outflows

Schedule 5 Cost Escalation Factors

Schedule 6 Capital Improvement Program

Schedule 7 FAMS - Control Panel

Schedule 8 Pro Forma

Schedule 9 Capital Project Funding Summary

Schedule 10 Detailed Funding by Fund

Assumptions Schedule 1 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035

Rate Increase Adoption Date 10/1/2024 10/1/2025 10/1/2026 10/1/2027 10/1/2028 10/1/2029 10/1/2030 10/1/2031 10/1/2032 10/1/2033 10/1/2034

Annual Growth Solid Waste Ending # of Accounts 30,836 30,867 30,898 30,928 30,928 30,928 30,928 30,928 30,928 30,928 30,928 Account Growth 31 31 31 31 - - - - - - - % Change in Accounts 0.10% 0.10% 0.10% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Roll-Off Ending # of Accounts 1,653 1,570 1,492 1,417 1,346 1,279 1,215 1,154 1,097 1,042 990 Account Growth - (83) (79) (75) (71) (67) (64) (61) (58) (55) (52) % Change in Accounts 0.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00%

Recycling Ending # of Accounts 29,247 29,276 29,306 29,335 29,335 29,335 29,335 29,335 29,335 29,335 29,335 Account Growth 29 29 29 29 - - - - - - - % Change in Accounts 0.10% 0.10% 0.10% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Capital Spending Annual Capital Budget (Future Year Dollars) 833,443$ 3,951,853$ 8,714,498$ 13,590,519$ 5,245,715$ 716,431$ 1,229,874$ 1,266,770$ 1,304,773$ 1,343,916$ 1,384,234$ Annual Percent Executed 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

Average Annual Interest Earnings Rate On Fund Balances 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%

Operating Budget Reserve Target (Number of Months of Reserve) 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0

Operating Budget Execution Percentage Personal Services 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Operations and Maintenance 100% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% Debt Service on Lease Purchase Program 1 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

1 Includes principal and interest for leased equipment and transfer station.

City of Clearwater | FY 2025 Solid Waste Recycling Revenue Sufficiency Analysis Stantec |

FY 2024 Beginning Balances Schedule 2

Revenue Fund

SRTS180001 SW

Transfer Station

Upgrade & Retrofit

C2005 Underground

Refuse Program

324-M2301 SW

Facility R&R

324-C2302 Rebuild SW Admin Complex

324-C24XX

New Truck

Wash at Admin Complex

Current Unrestricted Assets Cash and Cash Equivalents 55,493,317$ -$ -$ -$ -$ -$ Accrued Interest Receivable 169,901 - - - - - Accounts and Contracts Receivable (net of Allowance for Uncoll.) 2,740,591 - - - - - Customer deposits - current restricted 1,375,345 - - - - -

Total Assets 59,779,154$ -$ -$ -$ -$ -$

Accounts and Contracts Payable (654,728)$ -$ -$ -$ -$ -$ Accrued Payroll (236,440) - - - - - Due to Other Funds (491,707) - - - - - Accrued Interest Payable (61,258) - - - - - Accrued Compensated Absences (244,041) - - - - - Customer deposits - current restricted (76,043) - - - - -

Calculated Fund Balance (Assets - Liabilities) 58,014,937$ -$ -$ -$ -$ -$

Plus/(Less): Customer Deposits - Restricted (1,375,345)$ -$ -$ -$ -$ Plus/(Less): C2005 Underground Refuse Program (608,689) - 608,689 - - - Plus/(Less): 324-M2301 SW Facility R&R 38,490 - - (38,490) - - Plus/(Less): 324-C2302 Rebuild SW Admin Complex (15,217,123) - - - 15,217,123 - Plus/(Less): 324-C24XX New Truck Wash at Admin Complex (471,459) - - - - 471,459

Available Fund Balance 40,380,812$ -$ 608,689$ (38,490)$ 15,217,123$ 471,459$

Fund Summary Revenue Fund 40,380,812$ C2005 Underground Refuse Program 608,689$ 324-M2301 SW Facility R&R (38,490)$ 324-C2302 Rebuild SW Admin Complex 15,217,123$ 324-C24XX New Truck Wash at Admin Complex 471,459$

Available Fund Balance 56,639,592$

CAPITAL PROJECT SUB FUNDS

Schedule 3

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Fee Revenue Growth Assumptions Solid Waste

1 % Change in Revenue from Growth 0.10% 0.10% 0.10% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Roll-Off 2 % Change in Revenue from Growth 0.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00% -5.00%

Recycling 3 % Change in Revenue from Growth 0.10% 0.10% 0.10% 0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Assumed Annual Fee Increases 4 Solid Waste 3.75% 3.75% 3.75% 3.75% 3.75% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 5 Roll-Off 3.75% 3.75% 3.75% 3.75% 3.75% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 6 Recycling 3.75% 3.75% 3.75% 3.75% 3.75% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

Fee Revenue 1 7 Solid Waste Fee Revenue 26,473,471$ 27,493,692 28,553,230 29,653,600 30,765,610 31,996,235 33,276,084 34,607,128 35,991,413 37,431,069 38,928,312 8 Roll-Off Fee Revenue 3,561,322 3,510,128 3,459,670 3,409,937 3,360,919 3,320,588 3,280,741 3,241,372 3,202,476 3,164,046 3,126,077 9 Recycling Fee Revenue 2,896,177 3,007,788 3,123,701 3,244,081 3,365,734 3,500,363 3,640,378 3,785,993 3,937,432 4,094,930 4,258,727 10 Total Fee Revenue 32,930,969$ 34,011,608$ 35,136,601$ 36,307,618$ 37,492,263$ 38,817,186$ 40,197,203$ 41,634,492$ 43,131,321$ 44,690,045$ 46,313,116$

Other Operating Revenue 11 Franchise Fee Pinellas 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12,000$ 12 Contractor Collect Fee 2 1,000,000 1,000,000 950,000 902,500 857,375 814,506 773,781 735,092 698,337 663,420 630,249 13 Late Payment Fee 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 14 Compactor Rentals 392,580 392,580 392,580 392,580 392,580 392,580 392,580 392,580 392,580 392,580 392,580 15 Gen Revenue Non-Tax 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 16 Late Payment Fee 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 17 Sale Of Recyclables Commercial 3 125,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 18 Other General Revenue 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 19 Total Other Operating Revenue 1,629,580$ 1,754,580$ 1,704,580$ 1,657,080$ 1,611,955$ 1,569,086$ 1,528,361$ 1,489,672$ 1,452,917$ 1,418,000$ 1,384,829$

Non-Operating Revenue 20 Other Licenses & Permits 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 1,700$ 21 Workers Comp Reimburse 24,000 15,604 15,604 15,604 15,604 15,604 15,604 15,604 15,604 15,604 15,604 22 Fines Forfeits & Penalties 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 23 Federal Disaster Relief 8,196,158 3,000,000 2,803,843 - - - - - - - - 23 Other General Revenue 10,520 5,323 5,323 5,323 5,323 5,323 5,323 5,323 5,323 5,323 5,323 24 Total Non-Operating Revenue 8,233,378$ 3,023,626$ 2,827,469$ 23,626$ 23,626$ 23,626$ 23,626$ 23,626$ 23,626$ 23,626$ 23,626$

Interest Income 25 Unrestricted 1,249,202$ 1,269,314$ 1,295,139$ 1,163,307$ 1,023,811$ 1,012,614$ 1,029,901$ 1,022,549$ 994,165$ 942,641$ 865,497$ 26 Total Interest Income 1,249,202$ 1,269,314$ 1,295,139$ 1,163,307$ 1,023,811$ 1,012,614$ 1,029,901$ 1,022,549$ 994,165$ 942,641$ 865,497$

27 Total Cash Inflows 44,043,129$ 40,059,128$ 40,963,789$ 39,151,631$ 40,151,655$ 41,422,512$ 42,779,091$ 44,170,339$ 45,602,029$ 47,074,313$ 48,587,069$

3 Sale of Recyclables reflects revenues from the sale of cardboards and metals, both of which experience large variability in pricing. As such, revenues reflect guidance provided by City staff.

2 Contractor Collect Fee revenue is directly correlated to roll-off fee revenue, per input from City staff. As such, roll-off growth assumptions as shown in the "Fee Revenue Growth Assumptions" section above also apply to this revenue projection.

Projection of Cash Inflows

1 FY 2025 fee revenue reflects two year average of actual FY 2023 and FY 2024 receipts, adjusted for projected account growth (as shown on Schedule 1 of this report and in the "Fee Revenue Growth Assumptions" section above) and the approved 3.75% rate increase effective 10/1/2024. Each year thereafter fee revenue is adjusted by assumed change in accounts as shown in the "Fee Revenue Growth Assumptions" section above and assumed annual rate adjustments as shown in the "Assumed Annual Fee Increases" section above.

Projection of Cash Outflows Schedule 4 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035

Solid Waste 2082 S-W Collection-Residential Personal Services

1 510100 Full Time Salaries & Wages 2,612,723$ 2,743,359$ 2,880,527$ 3,024,553$ 3,175,781$ 3,334,570$ 3,501,299$ 3,676,364$ 3,860,182$ 4,053,191$ 4,255,850$ 2 510500 Overtime 202,000 212,100 222,705 233,840 245,532 257,809 270,699 284,234 298,446 313,368 329,037 3 520100 Life Ins $2500 Empl & Pens 18 19 21 22 24 26 28 30 32 34 37 4 520300 Samp Life Insurance 598 641 689 741 796 856 920 989 1,064 1,143 1,229 5 520400 Major Medical Ins-Emp 586,612 628,848 676,012 726,713 781,216 839,807 902,793 970,502 1,043,290 1,121,537 1,205,652 6 520600 Social Security-Employee 37,764 39,652 41,635 43,717 45,902 48,197 50,607 53,138 55,795 58,584 61,514 7 520700 Emp Pension Plan 190,248 69,453 96,511 169,111 137,537 137,588 154,652 162,385 170,504 179,029 187,980 8 520900 Workers Compensation 68,550 71,978 75,576 79,355 83,323 87,489 91,864 96,457 101,280 106,344 111,661 9 522000 CWA Life 8,372 8,975 9,648 10,371 11,149 11,986 12,884 13,851 14,890 16,006 17,207

10 Other Operating 11 530100 Professional Services 35,660 38,228 41,095 44,177 47,490 51,052 54,881 58,997 63,421 68,178 73,291 12 530300 Other Contractual Serv 123,300 127,307 131,126 135,060 139,112 143,285 147,584 152,012 156,572 161,269 166,107 13 542900 Interfd Admin Service Chg 488,050 503,912 519,029 534,600 550,638 567,157 584,172 601,697 619,748 638,340 657,490 14 543400 Printing & Binding 3,000 3,098 3,190 3,286 3,385 3,486 3,591 3,699 3,810 3,924 4,042 15 543500 Dump Fee 2,250,000 2,430,000 2,624,400 2,834,352 3,061,100 3,305,988 3,570,467 3,856,105 4,164,593 4,497,760 4,857,581 16 545100 Insurance 204,130 210,764 217,087 223,600 230,308 237,217 244,334 251,664 259,213 266,990 275,000 17 547100 Uniforms-Employee 25,000 25,813 26,587 27,384 28,206 29,052 29,924 30,821 31,746 32,699 33,679 18 547200 Travel Expense-Emp 800 826 851 876 903 930 958 986 1,016 1,046 1,078 19 550100 Office Supplies 3,500 3,614 3,722 3,834 3,949 4,067 4,189 4,315 4,444 4,578 4,715 20 Resident Refuse/Recycle Carts 142,500 147,131 151,545 156,092 160,774 165,598 170,565 175,682 180,953 186,381 191,973 21 550400 Operating Supplies & Matls 35,000 36,138 37,222 38,338 39,488 40,673 41,893 43,150 44,445 45,778 47,151 22 557100 Memberships/Subs/Lic Emp 2,750 2,839 2,925 3,012 3,103 3,196 3,292 3,390 3,492 3,597 3,705 23 557300 Training & Ref Employee 16,000 16,520 17,016 17,526 18,052 18,593 19,151 19,726 20,318 20,927 21,555 24 540100 Garage Services 2,385,800 2,505,090 2,630,345 2,761,862 2,899,955 3,044,953 3,197,200 3,357,060 3,524,913 3,701,159 3,886,217 25 540300 Telephone Service Variable 5,085 5,339 5,606 5,887 6,181 6,490 6,814 7,155 7,513 7,889 8,283 26 540500 Radio Svc-Fixed 25,930 27,227 28,588 30,017 31,518 33,094 34,749 36,486 38,310 40,226 42,237 27 540900 Risk Mgmt Service 13,558 14,236 14,948 15,695 16,480 17,304 18,169 19,077 20,031 21,033 22,085 28 541000 Info Technology Charge 131,050 137,603 144,483 151,707 159,292 167,257 175,620 184,401 193,621 203,302 213,467 29 541800 Administrative Charge 305,710 320,996 337,045 353,898 371,592 390,172 409,681 430,165 451,673 474,257 497,969 30 542000 Employee Benefits-Fixed 13,859 14,552 15,280 16,044 16,846 17,688 18,572 19,501 20,476 21,500 22,575

31 Total Solid Waste 2082 S-W Collection-Residential 9,917,567$ 10,346,255$ 10,955,411$ 11,645,669$ 12,269,632$ 12,965,580$ 13,721,551$ 14,514,037$ 15,355,788$ 16,250,068$ 17,200,366$

Solid Waste 2083 S-W Collection-Commercial Personal Services

32 510100 Full Time Salaries & Wages 1,368,119$ 1,436,525$ 1,508,351$ 1,583,769$ 1,662,957$ 1,746,105$ 1,833,410$ 1,925,081$ 2,021,335$ 2,122,402$ 2,228,522$ 33 510200 Part Time Salaries & Wages 36,970 38,819 40,759 42,797 44,937 47,184 49,543 52,021 54,622 57,353 60,220 34 510500 Overtime 138,000 144,900 152,145 159,752 167,740 176,127 184,933 194,180 203,889 214,083 224,787 35 510900 Special Acting Pay 3,520 3,696 3,881 4,075 4,279 4,493 4,717 4,953 5,201 5,461 5,734 36 520100 Life Ins $2500 Empl & Pens 18 19 21 22 24 26 28 30 32 34 37 37 520300 Samp Life Insurance 493 528 568 611 657 706 759 816 877 943 1,013 38 520400 Major Medical Ins-Emp 391,244 419,414 450,870 484,685 521,036 560,114 602,122 647,282 695,828 748,015 804,116 39 520600 Social Security-Employee 22,925 24,071 25,275 26,539 27,865 29,259 30,722 32,258 33,871 35,564 37,342 40 520700 Emp Pension Plan 104,067 38,076 52,909 92,710 75,400 75,429 84,783 89,023 93,474 98,147 103,055 41 520900 Workers Compensation 96,470 101,294 106,358 111,676 117,260 123,123 129,279 135,743 142,530 149,657 157,139 42 522000 CWA Life 4,368 4,682 5,034 5,411 5,817 6,253 6,722 7,227 7,768 8,351 8,977

Other Operating - - - - - - - - - - -

43 530300 Other Contractual Serv 44,030 45,461 46,825 48,230 49,676 51,167 52,702 54,283 55,911 57,589 59,316 44 542200 Elec-Util Charges 7,000 7,228 7,444 7,668 7,898 8,135 8,379 8,630 8,889 9,156 9,430 45 542900 Interfd Admin Service Chg 255,120 263,411 271,314 279,453 287,837 296,472 305,366 314,527 323,963 333,682 343,692 46 543400 Printing & Binding 500 516 532 548 564 581 598 616 635 654 674 47 543500 Dump Fee 2,000,000 2,160,000 2,332,800 2,519,424 2,720,978 2,938,656 3,173,749 3,427,649 3,701,860 3,998,009 4,317,850 48 543600 Taxes 13,000 13,423 13,825 14,240 14,667 15,107 15,560 16,027 16,508 17,003 17,513 49 544100 Equipt Rental 612,000 631,890 650,847 670,372 690,483 711,198 732,534 754,510 777,145 800,459 824,473 50 545100 Insurance 73,350 75,734 78,006 80,346 82,756 85,239 87,796 90,430 93,143 95,937 98,816 51 547100 Uniforms-Employee 12,000 12,390 12,762 13,145 13,539 13,945 14,363 14,794 15,238 15,695 16,166 52 547200 Travel Expense-Emp 400 413 425 438 451 465 479 493 508 523 539 53 550100 Office Supplies 700 723 744 767 790 813 838 863 889 916 943 54 550400 Operating Supplies & Matls 55,000 56,788 58,491 60,246 62,053 63,915 65,832 67,807 69,841 71,937 74,095 55 Comm Refuse FEL Container 218,280 225,374 232,135 239,099 246,272 253,661 261,270 269,108 277,182 285,497 294,062 56 557100 Memberships/Subs/Lic Emp 1,900 1,962 2,021 2,081 2,144 2,208 2,274 2,342 2,413 2,485 2,560

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035

57 557300 Training & Ref Employee 10,000 10,325 10,635 10,954 11,282 11,621 11,970 12,329 12,698 13,079 13,472 58 Commercial Refuse Compactors 250,000 258,125 265,869 273,845 282,060 290,522 299,238 308,215 317,461 326,985 336,795 59 540100 Garage Services 1,372,110 1,440,716 1,512,751 1,588,389 1,667,808 1,751,199 1,838,759 1,930,697 2,027,231 2,128,593 2,235,023 60 540300 Telephone Service Variable 3,390 3,560 3,737 3,924 4,121 4,327 4,543 4,770 5,009 5,259 5,522 61 540500 Radio Svc-Fixed 11,300 11,865 12,458 13,081 13,735 14,422 15,143 15,900 16,695 17,530 18,407 62 540900 Risk Mgmt Service 7,415 7,786 8,175 8,584 9,013 9,464 9,937 10,434 10,955 11,503 12,078 63 541000 Info Technology Charge 23,580 24,759 25,997 27,297 28,662 30,095 31,599 33,179 34,838 36,580 38,409 64 542000 Employee Benefits-Fixed 7,580 7,959 8,357 8,775 9,214 9,674 10,158 10,666 11,199 11,759 12,347

Debt Service - - - - - - - - - - -

65 571500 Principal-Interfund Loans 104,800 105,850 116,435 116,435 116,435 116,435 116,435 128,079 128,079 128,079 128,079 66 Total Solid Waste 2083 S-W Collection-Commercial 7,464,199$ 7,802,401$ 8,254,137$ 8,746,478$ 9,209,799$ 9,720,436$ 10,272,397$ 10,865,166$ 11,482,870$ 12,139,765$ 12,838,528$

Solid Waste 2084 Solid Waste Transfer Personal Services

67 510100 Full Time Salaries & Wages 688,154$ 722,562$ 758,690$ 796,624$ 836,455$ 878,278$ 922,192$ 968,302$ 1,016,717$ 1,067,553$ 1,120,930$ 68 510400 Special Pay 7,616 7,997 8,397 8,816 9,257 9,720 10,206 10,716 11,252 11,815 12,406 69 510500 Overtime 48,000 50,400 52,920 55,566 58,344 61,262 64,325 67,541 70,918 74,464 78,187 70 520400 Major Medical Ins-Emp 120,468 129,142 138,827 149,239 160,432 172,465 185,400 199,305 214,252 230,321 247,595 71 520600 Social Security-Employee 9,976 10,475 10,999 11,548 12,126 12,732 13,369 14,037 14,739 15,476 16,250 72 520700 Emp Pension Plan 51,064 18,353 25,502 44,686 36,343 36,357 40,866 42,909 45,054 47,307 49,672 73 520900 Workers Compensation 5,050 5,303 5,568 5,846 6,138 6,445 6,767 7,106 7,461 7,834 8,226 74 522000 CWA Life 2,002 2,146 2,307 2,480 2,666 2,866 3,081 3,312 3,561 3,828 4,115

Other Operating 75 530300 Other Contractual Serv 214,530 221,502 228,147 234,992 242,041 249,303 256,782 264,485 272,420 280,592 289,010 76 542200 Elec-Util Charges 52,000 53,690 55,301 56,960 58,669 60,429 62,241 64,109 66,032 68,013 70,053 77 542300 Gas,Water & Sanitation Utl 45,000 46,463 47,856 49,292 50,771 52,294 53,863 55,479 57,143 58,857 60,623 78 542900 Interfd Admin Service Chg 122,010 125,975 129,755 133,647 137,657 141,786 146,040 150,421 154,934 159,582 164,369 79 545100 Insurance 45,230 46,700 48,101 49,544 51,030 52,561 54,138 55,762 57,435 59,158 60,933 80 546200 Other Equip Svc & Repair 5,000 5,163 5,317 5,477 5,641 5,810 5,985 6,164 6,349 6,540 6,736 81 547100 Uniforms-Employee 4,000 4,130 4,254 4,382 4,513 4,648 4,788 4,931 5,079 5,232 5,389 82 547200 Travel Expense-Emp 300 310 319 329 338 349 359 370 381 392 404 83 550100 Office Supplies 1,000 1,033 1,063 1,095 1,128 1,162 1,197 1,233 1,270 1,308 1,347 84 550400 Operating Supplies & Matls 18,000 18,585 19,143 19,717 20,308 20,918 21,545 22,191 22,857 23,543 24,249 85 557100 Memberships/Subs/Lic Emp 1,270 1,311 1,351 1,391 1,433 1,476 1,520 1,566 1,613 1,661 1,711 86 557300 Training & Ref Employee 2,100 2,168 2,233 2,300 2,369 2,440 2,514 2,589 2,667 2,747 2,829

Internal Services 87 540100 Garage Services 606,330 636,647 668,479 701,903 736,998 773,848 812,540 853,167 895,826 940,617 987,648 88 540300 Telephone Service Variable 1,130 1,187 1,246 1,308 1,374 1,442 1,514 1,590 1,670 1,753 1,841 89 540500 Radio Svc-Fixed 6,480 6,804 7,144 7,501 7,876 8,270 8,684 9,118 9,574 10,053 10,555 90 540900 Risk Mgmt Service 3,044 3,196 3,356 3,524 3,700 3,885 4,079 4,283 4,497 4,722 4,958 91 541000 Info Technology Charge 46,050 48,353 50,770 53,309 55,974 58,773 61,711 64,797 68,037 71,439 75,011 92 541100 Bldg & Maint Dept Svc Fx 85,310 89,576 94,054 98,757 103,695 108,880 114,324 120,040 126,042 132,344 138,961 93 541200 Custodial Service 26,190 27,500 28,874 30,318 31,834 33,426 35,097 36,852 38,695 40,629 42,661 94 542000 Employee Benefits-Fixed 3,111 3,267 3,430 3,601 3,781 3,971 4,169 4,377 4,596 4,826 5,067

Debt Service 95 571500 Principal-Interfund Loans 361,610 450,030 450,030 80,030 80,030 80,030 88,033 88,033 88,033 88,033 88,033 96 572500 Interest-Interfund Loans 35,210 38,090 38,090 11,390 11,390 11,390 12,529 12,529 12,529 12,529 12,529

97 Total Solid Waste 2084 Solid Waste Transfer 2,617,235$ 2,778,053$ 2,891,523$ 2,625,574$ 2,734,314$ 2,857,215$ 2,999,858$ 3,137,315$ 3,281,632$ 3,433,167$ 3,592,299$

Solid Waste 2087 S-W Container Maintenance Personal Services

98 510100 Full Time Salaries & Wages 440,314$ 462,330$ 485,446$ 509,718$ 535,204$ 561,965$ 590,063$ 619,566$ 650,544$ 683,072$ 717,225$ 99 510500 Overtime 21,000 22,050 23,153 24,310 25,526 26,802 28,142 29,549 31,027 32,578 34,207 100 520400 Major Medical Ins-Emp 112,576 120,681 129,733 139,463 149,922 161,166 173,254 186,248 200,216 215,233 231,375 101 520600 Social Security-Employee 6,098 6,403 6,723 7,059 7,412 7,783 8,172 8,580 9,010 9,460 9,933 102 520700 Emp Pension Plan 32,015 11,383 15,817 27,716 22,541 22,550 25,346 26,614 27,944 29,342 30,809 103 520900 Workers Compensation 5,610 5,891 6,185 6,494 6,819 7,160 7,518 7,894 8,289 8,703 9,138 104 521000 Disability Insurance 241 258 278 299 321 345 371 399 429 461 495 105 522000 CWA Life 1,456 1,561 1,678 1,804 1,939 2,084 2,241 2,409 2,589 2,784 2,992

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035

Other Operating 106 530300 Other Contractual Serv 14,240 14,703 15,144 15,598 16,066 16,548 17,045 17,556 18,083 18,625 19,184 107 542300 Gas,Water & Sanitation Utl 36,000 37,170 38,285 39,434 40,617 41,835 43,090 44,383 45,714 47,086 48,498 108 542900 Interfd Admin Service Chg 77,640 80,163 82,568 85,045 87,597 90,225 92,931 95,719 98,591 101,548 104,595 109 543400 Printing & Binding 4,500 4,646 4,786 4,929 5,077 5,229 5,386 5,548 5,714 5,886 6,062 110 545100 Insurance 4,720 4,873 5,020 5,170 5,325 5,485 5,650 5,819 5,994 6,173 6,359 111 547100 Uniforms-Employee 4,500 4,646 4,786 4,929 5,077 5,229 5,386 5,548 5,714 5,886 6,062 112 550400 Operating Supplies & Matls 65,000 67,113 69,126 71,200 73,336 75,536 77,802 80,136 82,540 85,016 87,567 113 557100 Memberships/Subs/Lic Emp 600 620 638 657 677 697 718 740 762 785 808 114 557300 Training & Ref Employee 500 516 532 548 564 581 598 616 635 654 674 115 540100 Garage Services 104,110 109,316 114,781 120,520 126,546 132,874 139,517 146,493 153,818 161,509 169,584 116 540300 Telephone Service Variable 1,695 1,780 1,869 1,962 2,060 2,163 2,271 2,385 2,504 2,630 2,761 117 540500 Radio Svc-Fixed 2,950 3,098 3,252 3,415 3,586 3,765 3,953 4,151 4,358 4,576 4,805 118 540900 Risk Mgmt Service 2,214 2,325 2,441 2,563 2,691 2,826 2,967 3,115 3,271 3,435 3,606 119 541000 Info Technology Charge 15,210 15,971 16,769 17,607 18,488 19,412 20,383 21,402 22,472 23,596 24,775 120 542000 Employee Benefits-Fixed 2,263 2,376 2,495 2,620 2,751 2,888 3,033 3,184 3,343 3,511 3,686

121 Total Solid Waste 2087 S-W Container Maintenance 955,452$ 979,871$ 1,031,503$ 1,093,061$ 1,140,142$ 1,195,149$ 1,255,838$ 1,318,054$ 1,383,562$ 1,452,546$ 1,525,202$

Solid Waste 2088 Solid Waste Administration Personal Services

122 510100 Full Time Salaries & Wages 659,580$ 692,559$ 727,187$ 763,546$ 801,724$ 841,810$ 883,900$ 928,095$ 974,500$ 1,023,225$ 1,074,386$ 123 510500 Overtime 4,000 4,200 4,410 4,631 4,862 5,105 5,360 5,628 5,910 6,205 6,516 124 Special Acting Pay 2,016 2,117 2,223 2,334 2,450 2,573 2,702 2,837 2,979 3,127 3,284 125 520100 Life Ins $2500 Empl & Pens 54 58 62 67 72 77 83 89 96 103 111 126 520300 Samp Life Insurance 1,911 2,049 2,202 2,367 2,545 2,736 2,941 3,162 3,399 3,654 3,928 127 520400 Major Medical Ins-Emp 96,072 102,989 110,713 119,017 127,943 137,539 147,854 158,943 170,864 183,679 197,455 128 520600 Social Security-Employee 23,609 24,789 26,029 27,330 28,697 30,132 31,638 33,220 34,881 36,625 38,457 129 520700 Emp Pension Plan 30,619 16,374 22,753 39,868 32,425 32,437 36,460 38,283 40,197 42,207 44,317 130 520900 Workers Compensation 3,590 3,770 3,958 4,156 4,364 4,582 4,811 5,051 5,304 5,569 5,848 131 521000 Disability Insurance 737 790 849 913 981 1,055 1,134 1,219 1,311 1,409 1,515 132 522000 CWA Life 364 390 419 451 485 521 560 602 647 696 748

Other Operating 133 530100 Professional Services 62,090 66,560 71,553 76,919 82,688 88,889 95,556 102,723 110,427 118,709 127,612 134 530300 Other Contractual Serv 11,320 11,688 12,039 12,400 12,772 13,155 13,549 13,956 14,375 14,806 15,250 135 542200 Elec-Util Charges 17,700 18,275 18,824 19,388 19,970 20,569 21,186 21,822 22,476 23,151 23,845 136 542300 Gas,Water & Sanitation Utl 33,100 34,176 35,201 36,257 37,345 38,465 39,619 40,808 42,032 43,293 44,592 137 542500 Postage 140 145 149 153 158 163 168 173 178 183 189 138 542700 Interfd Svc Chg-Other Fund 13,040 13,464 13,868 14,284 14,712 15,154 15,608 16,076 16,559 17,056 17,567 139 542800 Interfd Other Serv Chgs 83,180 85,883 88,460 91,114 93,847 96,662 99,562 102,549 105,626 108,794 112,058 140 542900 Interfd Admin Service Chg 77,650 80,174 82,579 85,056 87,608 90,236 92,943 95,732 98,603 101,562 104,608 141 543200 Other Promotion Activity 1,000 1,033 1,063 1,095 1,128 1,162 1,197 1,233 1,270 1,308 1,347 142 543400 Printing & Binding 1,000 1,033 1,063 1,095 1,128 1,162 1,197 1,233 1,270 1,308 1,347 143 544100 Equipt Rental 2,600 2,685 2,765 2,848 2,933 3,021 3,112 3,205 3,302 3,401 3,503 144 545100 Insurance 12,120 12,514 12,889 13,276 13,674 14,085 14,507 14,942 15,391 15,852 16,328 145 546300 Disaster Response 14,000,000 - - - - - - - - - - 146 547100 Uniforms-Employee 5,000 5,163 5,317 5,477 5,641 5,810 5,985 6,164 6,349 6,540 6,736 147 547200 Travel Expense-Emp 19,900 20,547 21,163 21,798 22,452 23,126 23,819 24,534 25,270 26,028 26,809 148 547300 Mileage Reimbursement 300 310 319 329 338 349 359 370 381 392 404 149 550100 Office Supplies 2,500 2,581 2,659 2,738 2,821 2,905 2,992 3,082 3,175 3,270 3,368 150 550400 Operating…