Good morning
Currently, any surplus from the one cent sales tax (which is what funds garbage collection) is used to fund the principal and interest repayments on the $30 million bank credit line for capital projects and for road and bridge projects. During the past eighteen months, we have fallen short on sales tax revenues from what Tallahassee has told us to budget. Therefore any "surplus" has been meager or non-existent.
I am not sure what kind of recycling projects are envisioned. However, I know that the ones proposed by the trash haulers are not cheap. I did some projections on the $4 per unit per month fee of Waste Management and $6 per month per unit fee that Dayco wants, and we come out with a cost of just under $2 million per year. We would end up paying whether a unit recycles of not, and that seems to be an extravagant waste of dollars.
I would be interested in other concepts, as I share a concern for our environment, and recycling is one of many ways to help a little in addressing those concerns.
Best regards,
Bill Imfeld
Finance Director
From: Savvytangerine
Sent: Sunday, January 27, 2008 9:39 PM
To: William Imfeld
Subject: Walton County trash question..