Attached is a spreadsheet proving the third quarter revenues and expenditures for fiscal year July 1, 2023 - June 30, 2024.
Revenue
44030 Interest- The third quarter interest apportionment has not yet been posted. Further, the first and second quarter interest apportionment is higher than anticipated. The Agency budgets interest revenue based upon guidance from the Tehama-County Auditor Controller.
461001 Gate Fees- Represents eight months of gate fee revenues.
461005 Hazardous Waste Fees -Represents HHW business fees, donations made to the used oil collection facility (ABOPS) and Ag Oil Facility, Certified Used Oil incentive fund payment and PaintCare reimbursement for our REAP paint reuse program. As the Agency transitions into a new operations agreement with Waste Connections, there will not be any other CCC payments after the first quarter of 2024.
471120 Misc Revenue- Represents the first grazing lease payment.
461070 Interfund Revenue - These are direct expenses for personnel costs associated with grant funding.
Expenditures
Salary/Wages (510100), Overtime (510120), PERS (510200), OASDI (510210), Group Insurance (510300), and Unemployment Insurance (510310) take into consideration normal step increases at anniversary dates.
51040 Workers Compensation decreased $2,089.50 over the previous fiscal year.
53150 Insurance includes payment of crime, property, liability, and pollution liability premium payment.
53170 Maintenance of Equipment includes recommended maintenance for the forklift at the Tehama County/Red Bluff Landfill Household Hazardous Waste Facility and installation of running boards on the Agency’s RAM 2500.
53180 Maintenance of Structures - Improvement of Grounds includes installation of ventilation at the Agency’s Tehama County/Red Bluff Landfill Household Hazardous Waste Facility storage lockers, grounding one storage locker where flammable bulking takes place, and replacing the irrigation system at the Agency’s office, which has not functioned properly for several years.
53200 Membership & Dues- Expenses to date include annual membership dues to the California Product Stewardship Council (CPSC), Rural Counties’ Environmental Services Joint Powers Authority (ESJPA), Solid Waste Association of North America (SWANA) and the California Association of Recycling Market Development Zones (CARMDZ).
53230 Special/Professional Services- Charges include attorney fees, and administrative and accounting services provided by Tehama County. Expenses associated with the CEQA study and permitting of the proposed composting facility occurred over the fiscal year will be reimbursed and attributed to grant funding received after the beginning of the fiscal year. The reimbursement is not reflected in this budget update. The budget for this expense category is broken out as follows:
|
|
FY 2023/2024 Budget |
As of 3/19/24 |
|
Attorney Fees |
$15,000 |
$5,226.00 |
|
Accounting Services |
$10,000 |
$3,919.32 |
|
Administration Services |
$19,823 |
$10,675.50 |
|
Audit Services |
$9,000 |
$0.00 |
|
Lawrence & Associates |
$1,000 |
$0.00 |
|
Miscellaneous |
$2,000 |
$50.00 |
|
CEQA/Permitting |
$80,787 |
$7,409.25 |
|
Janitorial Services |
$12,000 |
$3,800.00 |
|
Total |
$183,617 |
$31,080.07 |
53290 Employee Travel/Training Expense - Expenditures include typical training and travel expenses. Pursuant to the Agency’s Succession Plan, the Organic Materials Program Coordinator has completed the CSAC Excellence in Government credential program. The Agency has traditionally included fuel costs associated with employee travel in this category. During the Agency Manager’s absence, fuel expenditures were transitioned to 4045 53291. All fuel expenditures have not yet been adjusted.
558007 Hazardous Waste Disposal - Expenditures include hazardous waste disposal.
558008 Litter Abatement/Illegal Dumping - This funds tipping fees for illegal dumping on public land. Of the total remaining funds available, $10,914.73 is allocated to PATH and the remaining is available for all other public cleanup projects.
As of March 19, 2024, revenues exceed expenditures by $102,184.45, as compared to expenditures exceeding revenues by $126,459.96 at the first budget update in October. As the Board is aware, this is typical for the Agency’s revenue and expense flow as many large expenses are incurred at the beginning of the fiscal year when total revenue is low. Income is 70.07% of projected revenue for the year. Expenditures are 61.06% of projected expenditures for the year.
As of March 26, 2024, the Tehama County Auditor-Controller’s office reports that the Agency has an unrestricted retained earnings balance of $1,199,764.37.
Respectfully Submitted,
Rachel Ross-Donaldson
Agency Manager