SCS Engineers is known for sharing best practices, and now we’re expanding our video library online in the SCS Learning Center. Our first video is for Solid Waste Managers and Departments struggling to keep their programs funded, especially recycling.
Strategic Planning for Financial Security is an educational video providing insight into the relationship between solid waste strategic planning and financial security. Less than 30-minutes and available for association events with Q&A.
The video discusses strategies that are useful when developing a business case analysis for SMM, recycling, or composting programs. The process also helps you identify opportunities to increase efficiency and reduce operating costs; design a Capital Plan and secure support for rate increases.
Vita Quinn presents a financial modeling scenario employing financial modeling and solid waste facility software packages to help decision-makers visualize the impact of various alternatives on the planning process. The model is helpful when planning scenarios for budgeting and testing alternative outcomes regarding future solid waste policies, strategies, and funding.
The model is especially useful for cost-benefit analysis of alternatives, fine-tuning strategies as more detailed information and data become available, or when revenue streams or funding levels change following natural disasters, pandemics, market swings, or economic downturns.
SCS Management Services® offers financial sustainability with preventative solutions and long-term financial management plans to public agencies facing environmental and market challenges, shifting regulations, and those aiming for new clean energy goals. Utilities and public-sector organizations provide life-sustaining services to their citizens and communities; providing these services while managing budget constraints; reporting, compliance, and operational challenges; and maintaining affordable rates. We support agencies and companies responsible for managing solid waste, stormwater, wastewater, brownfields-remediation, and energy programs that require integrated skill-sets and financial sustainability for optimal value.
This article provides the SCS methodology used to make projections for the financial performance of solid waste collection and disposal during a five-year planning period for the City of Pensacola, Florida. The projections were then used to model different possible rate structures for approval by the City Council.
After discussion and two public readings of the ordinance amending the sanitation rate, the Pensacola City Council adopted a new monthly sanitation rate and established a sanitation equipment surcharge. These additional revenues enable the full funding of departmental services to continue and will provide for ongoing replacement of sanitation equipment.
Cutting Solid Waste Collection Costs
A six-month pilot program was initiated to identify possible program savings and how the program would be rolled out to its residents. An SCS Engineers rate study conducted at that time suggested possible operational savings, which could enable the City to defer a solid waste rate increase. The good results shown during the pilot program encouraged the City decision-makers to move ahead with once a week collection. The latest statistical data from the City of Clearwater, Florida shows a 21% decrease in solid waste generation and an annual savings of $107,000 in tipping fees. Operational savings for the City achieved the projected $400,000 savings as forecasted in the SCS rate study.
Assessing the Financial Performance of Operating and Proposed Solid Waste Programs
Financial analysis is an increasingly important issue in solid waste decision making. In an era where the mantra of doing more with less” is on the lips of most political decision-makers, it is critical to assess the financial performance of operating and proposed solid waste programs. The three issues discussed in this article provide some guidelines on how these kinds of assessments can be conducted.
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