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Waste Mgmt – Contract Renewal (July 2022 – June 2028) Financial Aspects of the Contract: Garbage Collection• Total Town: $910,798 6 months at $74,048 + 6 months at $77,751 (estimated) Cost • Per Parcel: $284 6 months at $23.08 + 6 months at $24.23 • Total Town: $99,100 6 months at $8,053 + 6 months at $8,463 (estimated) At-Your-Door Cost • Per Parcel: $30 6 months at $2.51 + 6 months at $2.64 • Based on Blended Value Calculation (example on next slide) – Could be good or bad • Processing Fee is $95/ton • Residue Fee is $240/ton Recycling Cost • Excess Contamination Fee is $275/ton • • Total Town: $40,000 estimated (monthly average is $3,300) • Per Parcel: $12 Fuel Surcharge / •. Baseline Each July can have an adjustment based on the average fuel price over the 12 months prior… fuel price of $4.85/gallon Fund Balance • Total Town: $16,045 Policy • Per Parcel: $5 Interest Revenue • Brings in $29,000 to buffer the cost of $9/parcel Total Cost • $284 + $30 + $12 + $5 - $9 = $322 Rates change • July 2026 - mid-year • Town needs to budget for 6 months at current rate and 6 months at the anticipated new rate 107