A solid waste rate analysis will provide your agency with a deeper understanding of how to establish rates and appropriately allocate costs to the various functions of your operation. This financial analysis can also be used to estimate and plan for various contingencies year-by-year.
For example, if your agency would like to buy new collection vehicles or expand your landfill or recycling center, a rate study will allow you to assess how the purchase would impact your current budget. You can then determine if you will have adequate surpluses during the fiscal year to procure these items or if a rate adjustment might be necessary at some point.
Importantly, if the final recommendation of the rate study is a rate increase, you will be armed with information that will strengthen your case when requesting a fee increase.
Read and share this newly published article by Marc J. Rogoff, Ph.D., and Laurel Urena, M.S., E.I.T., of SCS Engineers. Learn more about this valuable service at SCS Engineers and see how others are using rate analysis.