SUMMIT COUNTY ZERO WASTE TASK FORCE September 24, 2012

Agenda Review process & handout materials – 10 min (Laurie) Summarize potential program changes to date - 15 min (Laurie) Summarize findings from funding options analysis - 20 min (Thad) Review needs for next meeting   Break - 10 min Presentation on PAYT in action on the Front Range - 50 min (Bryce from Western Disposal) Recap PAYT program & discuss if Oct PAYT Subcommittee meeting is needed – 10 min (Laurie) Discuss schedule for next meeting - 5 min (Laurie)

Cost Impact of Proposed Program Changes Annual Cost (2012$) Single Stream $56,000 Free HHW, Electronics & Appliances at Community Recycling Centers w/ staffing & maintenance $280,000 New CRC in Dillon/Silverthorne plus improvements to Breckenridge & Frisco CRCs to allow for full services, staff $55,000 PAYT $180,000 Reduced Tipping Fees at landfill (reduce compacted to $55/ton & loose to $60/ton) $310,000 Total $881,000

New Funding Needs Annual Costs (2012$) Program Changes $881,000 Retire Old Landfill Debt $322,400 Fund HC3 $90,000 Existing Recycling Shortfall $350,000 Total $1,643,400

Property Tax Mill Levy Funding Option Assumptions Estimate (2012$) Interest Rate for Capital Purchases 3% Repayment Period for Debt (years) 10 Total Assessed Valuation $ 1,600,000,000 Mill Rate Needed to Fund Capital & Annual Program Costs 1.03 mills   Average Residential Property Value $400,000 Assessed Value of Average Property $32,000 ANNUAL Cost to Average Property Owner $32.90 MONTHLY Cost to Average Property Owner $2.74

Sales Tax Funding Option Assumptions Estimate (2012$) Interest Rate for Capital Purchases 3% Repayment Period for Debt (years) 10 Approx amount generated by 1% County-wide sales tax $9,333,333  Sales tax needed to fund capital and program costs  0.176%  Amount of tax on $100 purchase  18¢

Thank You