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Home My WebLink AboutSWMD Agenda July 18, 2007 and 6-20-07 Minutes Gallatin County Solid Waste Management District Chairman Bruce Hanson Term Expiration: June 2010 633 Collins Road Belgrade, MT 59714 hansonmarine@)imt.net 388-1367 (home) 284-6869 (work) Commissioner Bill Murdock Term Expiration: December 2007 311 W. Main Room 306 Bozeman, MT 59715 582-3000 (work) Bill. M urdock@)qallatin.mt.gov Jody May Term Expiration: June 2009 4690 Sourdough Road Bozeman, MT 59715 586-6091 (home) batemanmav@)msn.com Steven Hamilton Term Expiration: June 2010 PO Box 1277 Three Forks, MT 59752 sbhamilton@)aol.com 285-0419 (home) Richard Allison Term Expiration: June 2009 4 Gardner Park Drive Bozeman, MT 59715 Rich .Allison@jtlqroup.com 586-6434 (home) 209-0700 (cell) GCSWMD Board Members Chairman Bruce Hanson Richard Allison Steven Hamilton J ody May Bill Murdock SOLID WASTE MANAGEMENT DISTRICT (SWMD) AGENDA July 18, 2007 6:00 PM, Garden Cafe, Manhattan, MT AGENDA 1. Public Comment 2. Approval of Minutes for the June 20, 2007, SWMD Board Meeting. 3. Financial Report - Susan Dellinger 4. Old Business 4.1. Recycling RFP - Larry Watson 4.2. Signage - Bruce Hanson 5. Chairman Report, Bruce Hanson 5.1. Policy discussion - waiving tipping fees at the Logan Landfill 5.2. Annual Report 6.. Subcommittee Reports 6.1 . Jackson Appraisal Meeting - J ody May 7. Manager's Report - Tom Miller 7.1 . Draft FY08 Budget 7.2. Equipment Replacement & Update 7.3. Logan Landfill Convenience Site 8. Great West Engineering Agenda - Bob Church, Great West 8.1. Corrective Measures Assessment Work 8.2. Cell 3 Construction 8.2.0. Excavation Activities 8.2. b. Liner System Schedule Gallatin County Solid Waste Management District Board Agenda July 18, 2007 1 8.3. Master Plan 8.3.a. Draft Plan Completed - Under District Review 8.3. b. High Profile Alternative 8.3.c. Operations plan Awaiting District Approval to Proceed 8.4. Landfill Expansion 8.4.a. Access Road/Jackson/State lands 8.4. b. Appraisals 8.5. Gas Monitoring 8.6. Financial Assurance 8.7. Alternative Cover Demonstration - Task Order V 9. Other Business 10. Agenda for Next Meeting on August 15. 2007 11. Adjournment Gallatin County Solid Waste Management District Board Agenda July 18. 2007 2 BOARD OF DIRECfORS Chairman Bruce Hanson Commissioner Bill Murdock Jody May Steven Hamilton Richard Allison Gallatin County SOLID WASTE MANAGEMENT DISTRICT Board Meeting June 20, 2007 Board Members Present: Chairman Bruce Hanson; Commissioner Bill Murdock; Jody May; Steven Hamilton; Rich Allison Board Members Absent: Staff Present: Tom Miller, District Manager; Marty Lambert, Gallatin County Attorney; Ed Blackman, Gallatin County Finance Director; Bob Dellinger, Dellinger and Gallagher, CPA; Bob Church, Principal, Great West Engineering, Inc.; Susan Dellinger, Gallatin County Solid Waste District Accountant; Dawn Chretien, Recording Secretary Members of the Public: Steve Johnson, City of Bozeman Solid Waste Superintendent; Harry Kirschenbaum, Allied Waste, Inc.; David Leverett, Full Circle Recycling & 4-Corners Recycling (Sign-in sheet attached). Call to Order: Chairman Bruce Hanson called the meeting to order at 6:00 p.m. 1. Public Comment Chairman Bruce Hanson called for public comment. There was no public comment. 2. Approval of Minutes for the May 16, 2007, Solid Waste Management District Board Meeting (SWMD) Motion by Board Member Steven HamIlton to approve the May 16, 2007, SWMD Minutes as submitted. Seconded by Board Member BIll Murdock. All voted aye. Motion carried. 3. Financial Report - Bob Dellinger, Dellinger Gallagher, CPA Bob Dellinger, CPA, submitted the Gallatin County Solid Waste District Financial Statements for the One and Ten Months Ended April 30, 2007, for discussion. He commented that timing was still an issue. He also stated the personnel costs within each area of the landfill is being worked out. The costs will be added in each area of operations. He asked it there were any questions on the report submitted. The board discussed the assets, liabilities, and net assets. They reviewed the investment capital assets and closure/post closure, cash restrictions. Questions were asked regarding the outstanding four loans the District assumed for construction of Cell 2 and Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 1 Minutes equipment purchases. Concern was expressed that the Cell 2 loan should be paid off after it is closed, before Cell 3 opens. The date of closure they found is not known. The last calculation of Cell 2's airspace estimated it had 9 months to reach its capacity, but the design could be changed to give more height, which would give the cell a longer life. The Board agreed financially, getting the value of the airspace out of Cell 3, should be considered. The Board discussed options for closure of Cell 2, the cost estimated by the engineer at 1.3 million, could be reduced by almost half that amount by getting an alternative cover demonstration approved by the State, rather than the prescriptive cap system proposed. The testing of soils and the samples taken during construction looked favorable for the alternative option. Another option discussed regarding Cell 2 and closing it was to permit it as a Class IV. Bob Church, Great West Engineering, recommended he draft a task order for an alternative cover option for the closure of Cell 2. He said he would present it at the next board meeting along with contour maps. He also reported the Logan Landfill Master Plan was 95% complete, but he could amend it, changing the design, and he estimated he could get it done in about a month. The Board agreed to have Great West present a task order for an alternative cover option. They also agreed to have Great West work on amending the Logan Landfill Master Plan to change the design. Because of the time it takes to get plans approved by DEQ, the Board agreed it was better to go ahead and submit the options now. Then later, the approved options will be available when needed. Chairman Bruce Hanson asked questions regarding the landfill's cash flow. He asked Bob Dellinger if he was comfortable with the accounts receivable. Bob Dellinger responded, referring to page 5, the Gallatin County Solid Waste District Statement of Cash Flows for the One and Ten Months Ended April 30,2007, shows the current balances and year to date. He felt comfortable the accounts receivable are getting close to reconciling. He added that he can provide different types of reports for the Board they feel they need. He passed out the following documents as examples of what he can produce for financial reporting with the QuickBooks accounting program: Gallatin County Solid Waste District Cell 3 Construction Budget vs. Actual July 2006 through April 2007; Gallatin County Solid Waste District Profit & Loss Budget vs. Actual April 2007; Gallatin County Solid Waste District Profit & Loss by Class April 2007. Submitted for Board review by Accounting Technician Kathy Wilcox: Memorandum regarding status of charge accounts at the Logan Landfill; Logan Landfill Customer Account Listing; Operational Report May 1-31, 2007 and June 1-11, 2007; Statement of Paid Claims May 1-31,2007. Chairman Bruce Hanson would like to see the aging report included with the financial reports, instead of the customer listing. The aged report shows the customers and their balances due, and any customers with outstanding balances. He thanked Mr. Dellinger for his report. He stated the financial reports have significantly improved with the level of cooperation by departments and the focus on machinery and planning. 4. Chairman Report ~ Bruce Hanson Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 2 Minutes Chairman Bruce Hanson asked County Attorney Marty Lambert for an update on the status of the mailings to expand the District with the City of Bozeman and the City of Belgrade's intent to join the District. County Attorney Marty Lambert responded he did not know the current status, but he would find out for the next meeting. Chairman Bruce Hanson reported Harry Kirschenbaum, Allied Waste, Inc. has requested the District to waive the tipping fees at the landfill for the boxes Allied Waste donates to the Gallatin County Fairgrounds for the annual fair. Last year, he requested the same, but the Board did not want to set a precedent by waiving the fee for them. Other organizations would want the same consideration. The Board discussed the request. Mr. Kirschenbaum suggested the District could be a co-sponsor with Allied Waste. The Board agreed the request was a sensitive subject. Several other non-profits have requested waiving fees such as the habitat for humanity, salvation army, etc. The Commission has asked them to submit a letter with their request. The Board then would place it on the agenda. Since the request was not on the agenda, and no public notice was given, there was concern about taking action on the request. Harry Kirschenbaum withdrew his request. Board Member Rich Allison requested the Board place on the agenda a discussion about policy on waiving tipping fees. 5. Subcommittee Reports 5.1. Accountant Position - Jady May Board Member Jody May introduced Susan Dellinger. She accepted the accountant position at the landfill. She will be working and reporting on the day to day financials for the District. 5.2. Jackson Property Appraisal- Jady May Board Member Jody May reported on a meeting with the appraiser Keith O'Reilly, Dave Jackson, County Attorney Marty Lambert, and Chairman Bruce Hanson. They walked the property and discussed the process for the appraisal. They decided on a 5-week timeline to get the appraisal done. The next determination is whether or not the District can afford to purchase the property from a budget standpoint. He added, one package is not separating the mineral and water rights. The Board will pay the appraisal cost estimated at $3,500. Motion by Board Member BllI Murdock to engage appraiser Keith O'ReIlly as outlined in his June 19; 2007, letter. Seconded by Board Member Jody May. All voted aye. Motion carried In Board discussion, the operations show a deficit in the third and fourth year, the number in the budget showing annual installments towards it. Strategically, the Board agreed buying the property is a high priority if the District can afford to purchase it. Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 3 Minutes They would need to review the budget to determine if they can afford it. A buy I sell agreement was discussed. Concern was expressed regarding the life of the appraisal. It needs to be in the mix of priorities in the next 60-90 days. The Board agreed that they did not want to run out of space in 12 years. They could not afford to not have a place to expand. It was recommended that the Board members meet to discuss the budget at the upcoming financial meeting, Wednesday, July 11th at Dellinger and Gallagher's office. The members can make recommendations for prioritization, refine the budget, get firI? numbers in progress to authorize where the money should be spent in the upcommg years. Board Member Steven Hamilton asked for clarification. He heard reports from the engineer at previous board meetings that the Jackson property was less favorable for land filling compared to the rest of the section. He just wanted assurance the District needed that section of land. Bob Church, Great West Engineering, responded that the District needs the Jackson property because of the corrective measures gas issue. Mr. Jackson will not sell just a portion of the property. The State Bureau of Lands has interest in the property to possibly do a land swap with the section the landfill is currently on. The District needs a portion regardless, if it does not work out with the State Bureau of Lands, the District can keep all of the property or sell off portions of it if needed later. County Attorney Marty Lambert responded, in order for the District to do its due diligence with the purchase of the 700 acres, he recommended the District hire an attorney that specializes in land transactions to review and make sure of the legal aspects of the land purchase for the County and District. The Board discussed having County Attorney Marty Lambert draft a letter outlining the terms. The Board authorized him to solicit an attorney and draft the letter. The Board agreed to have the subcommittee negotiate in good faith on behalf of the District with Jackson and with legal council to get to the point of getting ready to buy, but not with proceeding to authorize buying it. The Board agreed with the County Attorney to get the survey done to get the precise acreage and the patent and discovery of easements, encumbrances, title report, etc. for the property. The County Attorney suggested splitting the cost with the seller for the survey. The purchase of the property will have a loan that will not be an overnight turnaround either. It would take a minimum of 45 days to get the paperwork to finance. The board discussed a buy I sell agreement, but the County Attorney responded that earnest money might become an issue. The Board agreed that prior to the County Commission adopting the FY08 budget on August 29th, a couple weeks before final adoption, the Board focus on the budget and the appraisal. The possibility of a rural improvement loan was discussed. It possibly will have a 40- year loan term. The Board agreed the District needs to put an official request together to get a response from the Rural Improvement loan officer. District Manager Tom Miller has been discussing the loan with her in Helena. The Board asked Ed Blackman, Gallatin County Financial Director, if he would help pull the information together. The prerequisite is the appraisal and getting it submitted. 6. Manager's Report - Tom Miller 6.1. Recycling RFP Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 4 Minutes District Manager Tom Miller reported Larry Watson was working on the RFP for the Recycling. He was not present. County Attorney Marty Lambert responded the RFP is not ready yet. District Manager Tom Miller responded, in discussion with Larry Watson, Grants and Projects Director, he stated concern regarding the timing of the 3 RFP's needed to get the project completed (processor, bins, service contract/site maintenance). He agreed it made sense to determine the hub first, the processor, where it will be located, before a service contract is done. After the processor RFP, then an RFP for hauling and site maintenance should be done. He has been talking with people where the current sites are now. The city sites can continue to be utilized. He has been in discussion with Debbie Arkell, City of Bozeman Public Works Director, and Steve Johnson, City of Bozeman Solid Waste Superintendent. He will draft a letter and carry it to the City. Chairman Bruce Hanson stated concern regarding Headwaters Recycling Cooperative. To be respectful to them, the District needs to make a decision on when the District will discontinue their services. He would like to be in a position by the next meeting to give them a definite answer. District Manager Tom Miller proposed working with Larry Watson to get the RFP out for the processing. It can be reviewed via e-mail. The Board agreed by next month they want to see the RFP and get it moving forward. 6.2. Equipment Update District Manager Tom Miller updated the Board on the excavation of Cell 3. He reported 100,000 cubic yards is to be excavated on site the next couple of days. It is not a lot of volume to move. He is optimistic it will get accomplished within the contract notice of completion, July 15th. 6.3. Draft FY08 Budget District Tom Miller presented the District's proposed Budget for Py08 (two options) along with a Cash Flow Budget that shows longer-term estimates for the District. He pointed out the profit and loss, the bottom line that is of concern. The District needs to make concrete decisions on the projects. The Cash Flow chart has two directions the Board can decide upon. The equipment depreciation and the equipment reserve fund are the supporting documents for the equipment rotation schedule. The Board discussed the cash flow budget reviewing the figures for the debt service, equipment purchases, the price used for the purchase of the Logan Springs property. They found the numbers in the budget were conservative figures. The revenues were also conservative, based on the current fees. If fees were raised, revenue would increase. The three percent for merit increases was found to be historically two percent; personnel, five to six percent. The operational costs will be higher not lower considering the cost of gas and oil, the economy, electrical, postage, etc. The repairs and maintenance might drop with the new equipment purchases. The Board discussed capitalizing major repairs. The County does it, but some members did not agree with it. Expenses should be associated with expenses not with inflating the capital value. It is Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 5 Minutes salvage cost at the end of the life of the machinery and subtracted off. It was pointed out the three percent projected revenue reported in the May Operational Report shows less income than the previous year. It is down five to six percent. The Board agreed it was not something to worry about, but good to watch the trends. An assignment to the Board was made to alleviate the deficits at the next meeting. It was suggested to put the convenience site on hold for now and raise the fees. Other members disagreed and wanted the fees to remain the same. Some key questions asked were if the landfill was under or over equipped. A recommendation was made to look at the cash flow and prioritize the new and the old equipment. The board discussed and agreed that if you buy good equipment, service it properly, and maintain it, the District will save money. It was agreed new equipment is more predictable. It also gains employee satisfaction and loyalty, retains employees, and operational efficiency. The District Manager recommended depreciating the dozer out, or deciding on some other choices: two appraisals that were $70-110,000; or gut the 08, and rebuild the components. They discussed the options on the equipment. It was decided that a spreadsheet on the equipment needed to be developed that will show the various options for the equipment to heIp make a better decision on which way to go. A fleet rotation schedule with funding and an amortization schedule is a good start. Board Member Jody May agreed to work with Board Member Rich Allison and District Manager Tom Miller on it. They discussed going out to bid for a lease purchase. It was determined it is not a complicated process once you get in the three to five year cycle. Finance Director Ed Blackman commented, by July 1 st, the District needs to have its capital listed for the budget. They will have a meeting July 11 th, and two special meetings in August to finalize the FY08 budget. The Board agreed to add the equipment replacement to review at next months meeting. They will review the Cell 2, cash on hand, and look at scenarios on how the cash flow will change with the variety of different snapshots presented. It will help make things more clear on making better decisions. They decided to put the scraper decision on hold until next month. It is still leased, and a portion will go towards the purchase if the District decides to buy it. A scraper will be needed to build Cell 4 and for operations. Board Members' Jody May and Rich Allison will meet with District Manager Tom Miller and have a presentation for the Board with appropriate options. Board Member Rich Allison agreed he would review the equipment replacement cycle and give the Board his recommendation on it. District Manager Tom Miller reported he has been trying out different loaders. He hopes to come with a recommendation on one to purchase once he tries out the different models. Bruce Hanson requested Fiscal Director Ed Blackman and District Manager Tom Miller to work on the financing of Cell 3. He would also like a break down of what it has cost so far to construct Cell 3. District Manager Tom Miller handed out the Cell 3 construction costs. The Board discussed the Montgomery contract. Some of the payment obligations were not shown. The total includes finishing the road. The Cell 3 liner will be part of the cost of Cell 3. Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 6 Minutes 7. Great West Engineering Report - Bob Church Bob Church, Great West Engineering, reported on the Cell 3 excavation. 97,000 cubic yards remain. The project will be completed by July 15th. He reported receiving three bids for the installation of the Cell 3 liner. The low bidder was Schumacher Construction. He recommended awarding the bid to them. He has worked with them on previous projects. They have good references. During Board discussion, County Attorney Marty Lambert advised not awarding the bid at this time. The agenda did not specifically state there would be a bid award. The Board agreed to table the award of the bid. It will take place after a 48 hours notice to the public. It will be considered during a special meeting held by the Board on Monday June 25, 2007, at 8:30 a.m. with the County Commission in the Commission Conference room. The Board discussed financing the cell liner costs. Fiscal Director Ed Blackman was directed to talk to the State and discuss financing a loan. Motion by Board Member BiIl Murdock to authorize District Manager Tom MiIler and Fiscal Director Ed Blackman, on behalf of the GaIlatin County Sol1d Waste Management District, to prepare the State application for a loan. The amount to be determined, from 1.5 million to 2.3 miIlion, depending on the costs associated with the project. In board discussion, it was suggested the loan should cover the Montgomery contract costs associated with that part of the excavation. Other Board members stated they would like to pay the Montgomery portion with cash on hand. They found there would be no penalty to pay a loan off early if they decided it would fiscally be more responsible. The loan would be a semi-annual payment. Once prepared, the Board can review and then negotiate the terms. The motion was seconded by Board Member Rich Allison. The projected time line to complete the cell liner is 75 calendar days. The cell liner project will not start for 30 days. The first payment will be due about 45 days from the start date. It was estimated by mid-October, Cell 3, will be ready to receive waste. Vote on Motion: all voted aye, motion carried. Task order S: Bob Church, Great West Engineering, submitted Task Order S, Scope of Services for conducting management and inspection services for the Phase I Landfill Cell Project for $75,000, for approval. County Attorney Marty Lambert advised not to authorize Task Order S, due to the $75,000 dollar amount not being specifically stated on the agenda. Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 7 Minutes The Board agreed they would table the approval of Task Order S. Approval of Task Order S will be considered by the Board after giving 48 hours notice to the public. It will be presented at a special meeting held by the Board, on June 25, 2007, at 8:30 a.m. with the County Commission in the Commission Conference Room. Corrective Measures Assessment Work: Bob Church, Great West Engineering, reported on the progress of the Corrective Measures Plan. The wells were drilled. The pump test and samplings have been submitted to DEQ. They are waiting to get an interim report. Once they get the report, they will be ready to solicit the product for injection. Bob Church presented Task Order U for $14,000, for Scope of Services to conduct construction management services during the implementation of Phase 1 of the Corrective Measures Plan's work. The Board agreed with a recommendation not to approve Task Order U, due to the amount of $14,000, not specifically stated on the agenda. It was tabled. Approval of Task Order U, will be considered by the Board after giving 48 hours notice to the public. It will be presented at a special meeting held by the Board, on June 25, 2007, at 8:30 a.m. with the County Commission in the Commission Conference Room. The Board discussed the budget for the drilling. The project so far has came in under budget. It cost $50,000 for materials and $60,000 for the drilling. The drilling was estimated at $75,000. TheFY08 proposed budget has both task orders included in it. The District will have to bid out the remediation and injection of the wells. Board Member Steven Hamilton asked about the status of the access issues regarding the Jackson property. Tom Kanta, a tenant of Jackson's, expressed his concerns to him that he is concerned about having access to his property that the access issues have not been resolved. Board Member Jody May responded that the State Bureau of Lands is still interested in doing a land swap with Jackson. Wayne Brewer needs to be contacted to talk about some options. The east side is not possible because of future building plans there. If the landfill purchases the Jackson property it will be an non-issue, the landfill will provide an easement to him. The landfill has never denied easement to the properties. District Manager Tom Miller responded he would get in touch with Wayne Brewer and Mr. Jackson. The access would be good on the west side. He feIt they were going in circles. He has gotten nowhere. He will start over. They need to develop an access even if it is for a short- term. His concern is exposure liability. The Board agreed it needed to get sorted out and done. 8. Other Business None 9. Agenda for Next Meeting on July 18,2007 Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 8 Minutes The next meeting of the Gallatin County Solid Waste District will be at July 17, 2007, at 6:00 p.m. in the meeting room at the Garden Cafe in Manhattan, Montana. There being no further business in front of the Board, Chairman Bruce Hanson adjourned the meeting at 8:47p.m. Gallatin County Solid Waste Management District June 20, 2007 Board Meeting 9 Minutes BOARD OF DIRECTORS Chairman Bruce Hanson Commissioner Bill Murdock Jody May Steven Hamilton Richard Allison SOLID WASTE MANAGEMENT DISTRICT Board Meeting June 20, 2007 Sign~ln Sheet i!',RtllC6 ..--- - L<>M (-h ~ -Fvll C!/~~ - c-cu::t1~S\D"V. ~ltJ_ Wu.~ \;.~si-rkj- Dc......J YYbn,\k-"I)v-~ l?~' C~.k 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. PO Box 461, Three Forks, MT 59752 PHONE: (406) 284 - 4029 FAX: (406) 582 - 2491 BOARD OF DIRECTORS Chairman Bruce Hanson Commissioner Bill Murdock Jody May steven Hamilton Richard Allison SOLID WASTE MANAGEMENT DISTRICT Gallatin County Landfill at Logan, Montana Special Meeting Date: Time: Location: June 25, 2007 8:30 a.m. Telephone Conference Members Present: Bruce Hanson, GCSWMD Board Member; Jody May, GCSW MD Board Member; Steven Hamilton, GCSW MD Board Member; County Commissioner Bill Murdock & GCSWMD Board Member; Tom Miller, GCSWMD District Manager; County Commissioner R. steven White; County Commissioner Joe Skinner; Crystal Turner, Gallatin County Commission Assistant; Dawn Chretien, Recording Secretary for the GCSWMD Board. Purpose: 1.) Award of the Cell Three Cell Liner Bid by The Gallatin County Solid Waste Management District Board 2.) Approval of Great West Engineering Task Order S (not to exceed $75,000) Scope of Services for conducting management and inspection services for the Phase I landfill cell project 3.) Motion to accept Task Order U for $14,000 for Scope of Services to conduct construction management services during the implementation of Phase 1 of the Corrective Measures work. Business Conducted: Bruce Chairman called to order at 8:34 a.m. First Business of the Board Great West Engineering recommendation to award the bid for Cell 3 Construction liner to completion to Schumacher Construction. Schumacher came in as the lowest bidder at $1,494,940. Motion: Motion By Board Member Jody May to accept Great West Engineering recommendation to award the cell three liner bid to Gallatin County Solid Waste Management District Special Meeting June 25, 2007 Schumacher Construction for $1.494,940. Seconded by Steven Hamilton. All voted aye. Motion carried. Second Business of the Board: Motion: Motion by Steven Hamilton to accept Great West Engineering Task Order S, not to exceed $75,000 Scope of Services for conducting management and inspection services for the Phase I landfill cell project. Seconded by Jody May. All voted aye. Motion carried. Third Business of the Board: Motion by Bill Murdock to accept Task Order U for $14,000; Scope of Services to conduct construction management services during the implementation of Phase 1 of the Corrective Measures work. Seconded by Jody May. All voted aye. Motion carried. The Special Meeting of the Gallatin County Solid Waste Management District adjourned at 8:41 a.m. Gallatin County Solid Waste Management District Special Meeting 2 June 25, 2007 .... . , , ~ ' . '1 . :" .J;;,"",:"j~_:_ tnP~rns 71f ~ ~O'r/Pl.fvv1 ~ ~9 j,J>crl jooo(:Yt- ~ - io.OOtii~ (~<i~. ~/lKYYJ~ ~~7~~d7f1-J CASH FLOW BUDGET . .'r.).;'.,t~.'/~ ." ,,: "', \J,l,OOl ~; ;:4}'<~1 "'I ::,:,::.~j , \i}~ndtr..::ljl)J ,,;1J9,t),.:,!'jI) ,iit>LJ':{".;llI' ~',ti:C~ ';:- '':(~1l 1j,}' .iiW!l! ' (:,,;.:,~ ~;.?)j#i 'f. ;;,,:: OPERA nONS P....onnel $ 725,218 $ 761,479 $ 799,H3 S U9,530 S 881,507 S 925,582 S 971,861 S 1,020,.54 S 1,071,477 Operaijons Costs S 949,7S1 S 978,250 S 1,007,597 S 1,037,125 S 1,068,960 S 1,101,029 S 1,134,060 $ 1,168,011 S 1,203,124 ClosuraiPost dos..... Fund S 330,000 S 347,710 S 35',141 $ 361,886 $ 379,952 S 391,351 S 403,091 S 415,114 S 427,639 subtotal f" $,~lAJ1!uni'1.~.J, i~ ~ ,. ~ Depraelotion $ 103,000 S $ S $ S - S - S . S DEBT SERVICE Current Debt Cell '2 S 165,936 S 165,936 S 165,936 CUffent Debt equipment $ 99,492 $ 99.492 $ 99,~92 $ 99.492 Cell 113 ine, $335,803 $366,331 $366,331 $366,331 $366,331 $366,331 $30,52 logan Srings Properly $2~9,238 $2~9,238 $2~9,238 $2~9,238 $2~9,238 $2~9,238 $2~9,238 $2~9 ,238 $249,238 Convienience Srtes $ 137,781 $ 273,554 $ 409,326 $ 545,099 $ 545,100 S 545,100 $ ~09 329 $ 273,559 $ 137,766 EQuipment CcmpaC\Q( $ 126.601 $ 126,601 $ 126,601 $ 113,218 cash C:"Sih Scrape, $ 92,960 $ 101,411 $ 101,411 $ 101411 $ 101,.11 $ 6 451 cash Ooze, (08 siZed) $ $ 123,860 $ 123,860 $ 123.860 $ 123,860 S 123,860 cash IT loa~e' $ 33,632 $ 38.1189 $ 36,669 $ :\6,689 $ :\6,669 $ 3,057 963traci< cash cash Grad., cash Waler lrud< <ash pickup cash cash pickup cIIsh cash .ervice tnJck subtotal ~,'t,,,~~ J';Hl~1m #>>,:,~;m).H lj,t' , $ Jcll~.1IiI!~.1i!Ir ~. : ';t~~ltl~ ., , Capital Outl~)' Eq~ment lllUrdIa.od) S 729,000 $ 25,000 $ 235,000 S 200,000 $ _,600 , $ 599,000 $ .Ol,ooo $ 1,669,000 Improvrnents on land $ 30,000 $ 20,000 S 20,000 $ 20,000 $ 20,000 $ 20,000 $hop S 400,000 Administration Building S 231,000 subtotal t:1,\r;~; :i' .- It '..,f; ~~.; -- CONSTRUCnON TASKS Ph~s.. 3 conoltuGtiOn $ 2,0Il,\l3 Phas.. . con.lNction $ 1,500,000 tlpsure Constt\lction (~l Phase 2 do...... $ 1,300,000 Phase 3 dosure S 1,300,000 Class l\I dos_ S 600,000 Phase <4 doSUfe CPrrective Measure. $ 125,000 111 111 ??? 111 111 MISC, ENGINEERING TASKS etass IV LandtiH Permitting & $ 5,000 Design Alternative Cover S )0,000 Demonstration Repla<e line, In luch~te Pond $ 40,000 Subtotal b : , . " .' .. TOTAL EXPENDITURES $ 6,5lS,512 S ~,U9,777 S 3,963,402 S 3,96S,804 $ 5,019,646 S 3,133,99' S S,472,871 S 3,665,lU $ 6,194,036 S REVENUE Tlpplno Fees $ 1,614,500 S l,784,135 $ l,"',211 $ 4,01$,225 $ 4,135,611 $ 4,259,7$) $ _,381,545 S ~,S19,l12 S 4,654,741 Loar\$ltransfen. S 2,593, Il3 $ 1,325,000 $ 235,000 S 200,000 s 1,246,600 S 599,000 $ 40l,OOO $ 2,969,000 Deprec111tion offset $ 10l,000 Tota' R.evenue S 6,370,613 S 5,109,135 $ 4,133,277 $ 4,215,225 $ 5.312,21~ S ~,25'J,75J $ 4,916,$45 S ~,'21,I72 $ 7,623,747 Ann".1 Protit/loss $ 1154,699 $ 269.958 $ 169.815 $ 2.9,~22 $ 362,636 $ 525,755 $ (466,332 $ 1,256,665 $ 1,429,710 Operational Cash (bell <If yr) 1,1~,166 S 9","7 $ 1,339,610 $ 1,556,09<4 $ 1,173,290 S 2.321,260 $ 2,935,263 S 2,562,359 $ 3,963,1114 Annual Bu"llet pr<>l1t1loss $ (154,899) $ 289,958 S 169,875 $ 249,422 $ 362,636 $ 525,755 $ (~86,332) $ 1,256,885 $ 1,.29,110 "'nte",.1 eaminlls (on 10101. $ $ 79,755 $ 46.539 $ 67,775 $ 65,33<4 $ 68,2.8 $ 113,428 $ 143,~1 $ 1~5,209 Opar.llonal Cuh len~ of yr) $ 989,967 $ 1,339,610 S 1,556,O~ S U73,290 $ 2,321,260 $ 2,935,263 $ 2,562,359 S 3,963,114 $ ',53',IM Reserved for Equipment $ ~25.ooo $ 825,000 $ 1.015,000 $ 1,240,000 $ 1,01MOO $ 1,~3,~OO S 1 ,269,~OO $ 1,291.<400 $ 47AOO Unreserved CaSh $ ~7 $ 514,680 $ 541,~ $ 633,290 $ 1,302,860 $ 1,~91,863 $ 1.292,959 $ 2,671,7~ $ 5.490,704 Restricted cash (elosure/po.t ell $ 1,513,627 561,337 $ 919,471 1,2&6,364 $ 1,061,316 $ 1,459,666 $ 1,162,768 2,277,942 1,405,511 FY '08 Requested Departmental Expenditures (Solid Waste District) Waste 2008 2001 Final Obj. code Description Admin. Ops. Shop Scale Cell #3 Diversion Proposed Adopted 100 Salaries & Wages 174,797 201,375 74,755 52,208 9,031 512,166 416,230 112 Temporary - - - - 9,031 9,031 26,602 120 Overtime 8,740 20,138 7,476 2,610 1,806 40,769 34,243 140 Fringe Benefits 52 549 80 .386 29613 20.571 9.246 192,365 154,006 subtotal 236,085 301 ,899 111,844 75,390 29,113 ii;f~t!ll~~i~;; 631,081 210 Office Supplies 4,000 - - 2,500 - 6,500 6,500 220 Operating Supplies 1,600 114,000 4,500 1,000 4,000 125,100 114,000 221 Software 250 . - . - 250 250 224 Food 2,500 - - 100 . 2,600 1,100 226 Clothing & Uniforms - 2,700 300 - . 3,000 3,050 230 Repair & Maintenance 1,000 102,000 3,000 1,000 1,000 108,000 92,100 - 231 Gas/Oil - 155,000 8,000 . 14,000 177,000 200,885 232 Tires - 7,700 - - 7,700 7,700 235 Equipment (not outlay) 1,000 1,000 3,000 1,000 - 6,000 23,150 312 Postage 2,000 . - - - 2,000 1,600 320 Printing & Duplicating 2,000 . - . . 2,000 1,950 330 Subscriptions & Dues 200 - - - - 200 100 331 Legal Notices 300 300 - . - 600 400 337 Advertising 800 - - - . 2,000 2,800 2,930 341 Utilities 2,700 2,500 - 5,200 5,000 345 Telephone 5,928 - - - 5,928 5,000 346 Cell Phone 2,100 - - - - 2,100 2,050 350 Professional Services 10,000 268,000 - 70,000 348,000 211 ,500 351 Medical Services - 1,000 - - - 1,000 1,200 360 General Repairs . 1,500 2,300 700 - 4,500 4,500 361 Vehjcle Repairs . 44,000 - - 44,000 44,000 362 Office Repairs 1,000 - - 4,500 - 5,500 5,450 370 Travel 3,600 400 - - - 4,000 3,950 380 Training 5,000 - - . - 5,000 100 390 Purchased Services 6,600 6,000 - - 173,500 186,100 601,630 510 Environmental Insurance - 18,100 - - - 18,100 18,100 511 77????? - - - - - - - 513 Distributed Insurance 9,419 - - - . 9,419 20,118 530 Rent 5,000 10,000 3,200 - 20,000 38,200 251,200 570 Licenses - 51,600 - 1,000 - 52,600 32,100 580 Closure/Post Closur - 330,000 - - - 330,000 330,000 590 Indirect Costs 45,360 - - - - - 45,360 42,422 subtotal 112,357 1,113,300 26,800 11 ,800 109,000 175,500 tI :~IDIi.~iti;;: 2,034,035 Obj. code Description Admin Ops Shop Scale Cell #3 Waste Div. FY'08 FY'07 610 Principal on Debt - 696,299 - - 696,299 229,377 620 Interest on Debt - 158,125 - - 158,125 48,389 630 Service Charges - . - . - . - 100 subtotal . 854,424 . . - - 854,424 277,866 830 Equipment Depr. - - 43,500 833 Building Depr. 103,000 - - 103,000 22,500 subtotal - 103,000 - - - - 103,000 66,000 905 Reserves - 425,000 - - - - 425,000 816,918 910 Land - - - . - - - - 920 Building 231,000 400,000 . - - 631,000 122,000 930 Imp. On Land - 30,000 . . 1,875,000 - 1,905,000 281,000 940 Equipment - 610,000 - - - 119,000 729,000 751,000 subtotal 231,000 1,065,000 400,000 - 1 ,875,000 119,000 3,690,000 1,970,918 TOTAL 579,442 3,437,623 538,644 87,190 2,013,113 294,500 6,950,512 4,979,900 REVENUE: 37-10-10 Interest 1,000 1,000 1,000 34-30-42 Tipping Fees 3,672,000 3,672,000 3,915,500 34-30-45 Sale of Junk 1,500 1,500 1,500 36-20-00 Loans 580,000 2,013,113 2,593,113 - 36-30-1 0 Depreciation offset - 103,000 . - - - 103,000 - subtotal 3,674,500 683,000 2,013,113 6,370,613 3,918,000 Cash Re Budgeted 425,~ 425,000 - TOTAL 4,099,500 6,795,613 4,979,900 Profit (loss) (154,899) - Book Basis Gallatin County Solid Waste District 07/10107 Depreciation Schedule by G/L Account Number 1 0:00AM For the 12 Months Ended 06/30/07 sset Date Accum Depr Current Accum Depr No. Asset Description Acquired Method Lii3 Sold? Cost 07/01/06 Depreciation 06/30/07 ':$VlldinQ$ 1354 Metal building 04/06f72 ST LINE 05/00 N 6,028.50 6,028.50 0.00 6,028.50 1353 Scale building 01/21/88 ST LINE 15(00 N 6,940.00 6,940.00 0.00 6,940.00 1359 Furnace lights & fixtures 06/08/04 ST LINE 15/00 N 7,660.17 914.85 510.68 1,425.53 2104 Landfill office building 01/08/05 ST LINE 20/00 N 10,666.90 800.04 533.35 1,333.39 2 9130/06 Additions CIP 08/31/06 NO CALC 00100 N 2,919.00 0.00 0.00 0.00 4 SCALE HOUSE 10(06/06 ST LINE 39/00 N 39,996.23 0.00 726.43 726.43 9 SCALE HOUSE IMPROVEMENT 11/01/06 ST LINE 39/00 N 67,185.13 0.00 1,076.68 1,076.68 10 OFFICE BUILDING CIP 11/06/06 LAND 00/00 N 8,036.11 0.00 0.00 0.00 20 Scale Site Improvement 02/13/07 ST LINE 39/00 N 37,333.42 0.00 361.93 361.93 14 CIP-Cabinet material for scale hou~ 03/09/07 NO CALC 00/00 N 205.00 0.00 0.00 0.00 21 CIP - Labor to retrofit scale house ( 04/18/07 NO CALC 00/00 N 605.00 0.00 0.00 0.00 Total for (Buildings) 187,575.46 14,683.39 3,209.07 17,892.46 ;~q:Ol~l;nt 1348 Scales & printer 09/30/87 ST LINE 07/00 N 19,928.00 19,928.00 0.00 19,928.00 1831 1500 Gal fuel tank with pump hose 07/01/04 ST LINE 15/00 N 6,500.00 866.64 433.33 1,299.97 1836 Wheel Dozers (Compactor, Landfill 07/01/04 ST LINE 15/00 N 281,800.00 37,573.37 18,786.67 56,360.04 1947 Chevy P/U 2004 1/2 Ton C10083 07/01/04 ST LINE 07/00 N 21,910.00 6,260.00 3,130.00 9,390.00 1948 Chevy PIU Xcab 1/2 Ton 2004 C10 07/01/04 ST LINE 07/00 N 23,748.00 6,785.14 3,392.57 10,177.71 ''135 Track-tractors, pipelayers, track ldr 07104/04 ST LINE 15/00 N 139,985.00 18,664.67 9,332.33 27,997.00 .a37 Alternate daily cover sprayer C209( 05102105 ST LINE 15/00 N 20,495.00 1,594.04 1,366.33 2,960.37 2065 C17053 Motor Grader SIN 93U125! 08123/05 ST LINE 15/00 N 72,500.00 4,027.79 4,833.33 8,861.12 2066 C17053 Motor Scraper SIN 79P01 C 08123/05 ST LINE 15/00 N 73,000.00 4,055.57 4,866.67 8,922.24 2067 C17053 Buldozer SIN 53Y04662 08/23/05 ST LINE 15/00 N 113,500.00 6,305.57 7,566.67 13,872.24 2839 Kubota Utility vehicle 03/24/06 ST LINE 15/00 N 10,800.00 180.00 720.00 900.00 2788 MODELL 61 Sweeper C31344 06/28/06 ST LINE 15100 N 23,895.00 0.00 1,593.00 1,593.00 1 9/30/06 additions 08/31/06 ST LINE 07/00 N 112,084.46 0.00 13,336.08 13,336.08 6 GATEWAY DESKTOP 10102106 ST LINE 03/00 N 7,027.31 0.00 1,659.23 1,659.23 7 OFFICE PRO 10/02106 ST LINE 03/00 N 1,499.40 0.00 354.02 354.02 6 SCALE 10/06/06 200% DB 07/00 N 194,348.68 0.00 34,705.12 34,705.12 12 SCALE 11/01/06 200% DB 07/00 N 59,464.05 0.00 10,618.58 10,616.58 13 UTILITY TRAILER 11/21/06 200% DB 07/00 N 1,500.00 0.00 267.86 267.86 19 Laser system, tripod, receiver 02101107 200% DB 05/00 N 1,250.00 0.00 205.48 205.48 18 637 . Major Repair 03109/07 200% DB 05/00 N 96,278.56 0.00 12,278.09 12,278.09 16 Pressure Washer w(hose and hose 03/16/07 200% DB 05/00 N 5,481.68 0.00 642.78 642.78 17 Copier 03/29/07 200% DB 05(00 N 3,500.00 0.00 360.55 360.55 Total for (Equipment) 1,292,495.14 106,240.79 130,448.69 236,689.48 ,tmprQtherthan6uil(lilig$ 2843 Litter Fence 04/20/06 ST LINE 15/00 N 12,403.99 137.82 626.93 964.75 5 FENCING, ROAD, GATE 10/06/06 150% DB 15/00 N 125,618.19 0.00 7,851.14 7,851.14 11 FENCING, ROAD, GATE 11/01/06 150% DB 15/00 N 20,138.03 0.00 1,258.63 1,258.63 CIP additions thru 02/28/07 02/28(07 NO CALC 00/00 N 34,643.94 0.00 0.00 0.00 15 Top Section of Fence~Labor 03/02/07 200% DB 05/00 N 4,469.00 0.00 592.60 592.60 22 Weed mat for erosion control 04/18/07 200% DB 05/00 N 290.00 0.00 23.52 23.52 23 Metal for windscreens 04/18/07 200% DB 05/00 N 117.68 0.00 9.56 9.56 Book Basis Gallatin County Solid Waste District Depreciation Schedule by G/L Account Number For the 12 Months Ended 06/30/07 07/10/07 1 0:00AM sset Date Accum Oepr Current Accum Depr No. Asset Description Acquired Method L12 Sold? Cost 07/01/06 Depreciation 06130107 ffilpr<ltl1er than "Lilldi~s 24 Excavation of 100,869 cu yd 04/18/07 150% DB 15/00 N 113,074.15 0.00 2,292.46 2,292.4€ Total for (Impr other than buildings) 310,755.18 137.82 12,854.84 12,992.66 Client Subtotal Before Sales 1,790,825.78 121,062.00 146,512.60 267,574.60 Less Assets Sold 0.00 0.00 Total 1,790,825.78 121,062.00 146,512.60 267,574.60 &+.-'1 ~ adJ /J /0 fo +h u- ~~ o.-...L"1 S ohed fA, It. . Det> y 11, '5 /1. 3Cp Alo - BIJq A I P - othe-v +ha~ AID - Ecyulp. 3,CJ..:>-'t: ;). I l' ,;c S:-9 I LJ cr 'f" Lf'i I 1 :59 PM 07/12/07 Accrual Basis Gallatin County Solid Waste District Balance Sheet As of June 30, 2007 Jun 30, 07 ASSETS Current Assets Checking/Savings 10-1000' Cash operational 10-2000' Restricted cash - closure costs 10-2130' Cash Res for security deposit 10-2210' Loan payment reserve Total Checking/Savings Accounts Receivable 12-2000' Accounts receivable Total Accounts Receivable 1,013,586.42 1,513,627.45 64,500.00 358,791.27 ------------..-.....- 2,950,505.14 490,640.02 .....-.-.- 490,640.02 Total Current Assets Fixed Assets Fixed assets 18-2000' Buildings 18-2100' Allow for depr- buildings 18-4000. Improv other than buildings 18-4100' Allow for depr- Imp other than 18-6000' Machinery & equipment 18-61 00 . Allow for depr - Mach & equip Total Fixed assets 3,441,145.16 187,575.46 -17,892.46 416,231.88 -12,992.66 1,333,407.69 -236,689.48 1,669,640.43 Total Fixed Assets ~ lfI3 PV~'t. ..- fL,I f';' ,i' r;~J rot'"~ . '" .! L! ,-");, f " 1,669,640.43 TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 20-6120' Wages payable 20-6130 . Payrollliabllites 20-9100' Compensated absences payable 21-4000. Security deposits payable Total Other Current Liabilities 5,110,785.59 14,137.23 12,286.60 36,183.72 64,500.00 127,107.55 Total Current Liabilities Long Term Liabilities 23-5400 . Loan payable Phase 2 Cell liner 23-5401 . Loan payable- FY 2006 equipment 23-6000 . Closure cost liability Total Long Term Liabilities 127,107.55 453,157.18 393,750.00 1,509,627.09 2,356,534.27 Total Liabilities Equity 3000 . Net assets Net Income Total Equity 2,483,641.82 1,126,924.76 1,500,219.01 .. -----...----.. 2,627,143.77 TOTAL LIABILITiES & EQUITY 5,110,785.59 Page 1 1 ;55 PM 07/12/07 Accrual Basis Gallatin County Solid Waste District Profit & Loss June 2007 Ordinary Income/Expense Income Charges for services 3430-42 . Disposal charge 3430-45 . Sale of junk or salvage Charges for services - Other Total Charges for services 3710-10' Interest earnings Total Income Expense Suspense Personnel 110, Salaries & wages- permanent 112. Salaries & wages- temporary 120. Overtime- permanent 140 . Employer contributions Total Personnel Maintenace 230 . Repairs & maintenance supplies 235 . Equipment (Not capital outlay) 360 . General repair & maint by other 361 . Automotive repairs & maint 362 . Office equip repair & maint Total Maintenace Utilities 341 . Electric uitilities 345 . Telephone 346 . Cell phones Total Utilities I] Supplies 210. Office supplies 220 . Operating supplies 224 . Food 226 . Clothing & uniforms 232 . Tires Total Supplies Insurance 513. Liability Insurance Allocated Total Insurance Fuel 231 . Gas, oil, fuel, grease Total Fuel Postage 312. Postage Postage - Other Total Postage Printing & duplicating 320. Printing & duplicating Printing & duplicating - Other Total Printing & duplicating Subscriptions & dues 330 . Subscriptions & dues Total Subscriptions & dues Jun 07 380,019.00 75.00 0.00 380,094.00 52.05 380,146.05 34,424.01 2,906.40 3,310.75 12,864.27 53,505.43 6,585.23 1,430.54 0.00 322.00 375.00 8,712.77 734.91 609.42 0.88 [,")" r[J-~ F~.Y" 1 34521 l..c.:;i ~ Ll i.i"""J L ,. 328.34 2,602.23 693.84 344.99 0.00 3,969.40 0.00 0.00 22,334.84 22,334.84 387.25 0.00 387.25 0.00 0.00 0.00 0.00 0.00 Jul '06 - Jun 07 3,948,736.39 26,243.90 -20.00 3,974,960.29 78,799.38 ...------ 4,053,759.67 0.00 0.00 394,544.89 25,318.96 59,478.01 152,030.11 -----.,.-- 631,371.97 98,922.00 18,690.15 6,866.54 57,543.56 4,711.80 186,734.05 6,484.19 8,860.52 2,957.94 -------.-... 18,302.65 7,515.27 133,608.36 2,379.30 3,295.93 7,698.90 154,497.76 36,059.00 .-----.. 36,059.00 188,387.01 --..-..--......... 188,387.01 1,955.42 28.42 ---.-----"". 1,983.84 963.95 524.08 1 ,488.03 38.00 .----.. 38.00 Page 1 1 :55 PM 07/12/07 Accrual Basis Gallatin County Solid Waste District Profit & Loss June 2007 Advertising 331 . Publications legal notices 337 . Advertising Total Advertising Medical services 351 . Medical services, vet services Total Medical services Travel 370 . Travel Travel - Other Total Travel Training 380 . Training Total Training Purchased or contracted service 350 . Professional services 390 . Purchased or contracted service Total Purchased or contracted service Licenses 570 . License fees Total Licenses Rent 530 . Rent Total Rent Service charges 630 . Service charges Total Service charges Administrative fixed costs 590 . Administrative costs Total Administrative fixed costs Depreciation 830 . Depreciation Total Depreciation Reserve funds 580 . Closure/post closure costs Total Reserve funds Loan payments 610 . Principal 620. Interest Total Loan payments Capital Improvements 920 . Buildings 930 . Improv other than buildings 940 . Capital exp- Machinery & equip Total Capital improvements Jun 07 161.00 5,684.15 .-...-.--. 5,845.15 0.00 0.00 263.85 0.00 --..- 263.85 0.00 0.00 60,500.13 14,887.50 ..---- 75,387.63 0.00 0.00 17,541.68 -...-.".--- 17,541.68 78.62 78.62 21,630.00 -------- 21,630.00 17,519.36 17,519.36 62,604.01 -.----.,... 62,604.01 126,601.32 0.00 ----- 126,601.32 0.00 805.68 6,912.55 ...--.-. 7,718.23 Net Ordinary Income Total Expense 425,444.75 -45,298.70 Jul '06 - Jun 07 322.00 9,605.57 9,927.57 1,200.00 1,200.00 5,598.36 1,859.25 7,457.61 130.00 ._._..._....n 130.00 272,124.70 109,445.68 ...--.-----.. 381,570.38 32,977.94 .---.. 32,977.94 205,592.24 -.-----.... 205,592.24 158.78 158.78 42,780.00 .-----. 42,780.00 146,512.62 --- 146,512.62 388,836.45 ...-----.. 388,836.45 355,978.10 48,388.80 ---.. - 404,366.90 156,279.89 403,827.89 525,346.69 1,085,454.4 7 3,925,827.27 127,932.40 Page 2 1 :55 PM 07/12/07 Accrual Basis Gallatin County Solid Waste District Profit & Loss June 2007 Jun 07 Other Income/Expense Other Income 3620-00 . Security deposits Total Other Income Other Expense Reserve funds contra 585 . Closure Costs Contra Total Reserve funds contra Loan payments contra 615. Principal Contra Total Loan payments contra Capital improvements contra 945 . Machinery & Equip Contra 935 . Improvements Contra 925 . Buildings Contra Total Capital Improvements contra 0.00 0.00 0.00 0.00 0.00 0.00 -40,912.55 -105,476.70 0.00 -146,389.25 Total Other Expense -146,389.25 146.389.25 ...- .... Net Other Income Net Income 101,090.55 Jul '06 - Jun 07 46.00 46.00 -57,409.36 -57,409.36 -229,376.78 -229,376.78 -525,346.69 -403,827.89 -156,279.89 -.---.- -1,085,454.47 -1,372,240.61 1,372,286.61 1,500,219.01 Page 3