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CASE # 2 LANDFILL TIPPING FEE, LANDFILL ABATEMENT AND LANDFILL EXPENDABLE TRUST FUNDS By: Sandra Ashley Helling, Finance Officer Background: The City has three funds associated with the landfill. They are detailed below along with the stated purpose (as contained in the City's financial reports), restrictions and fund balances. Landfill Tipping Fee Fund: "This fund is used to account for tipping fees received by the City as authorized by Minnesota State Statutes Section 115A.921 of the Solid Waste Management Act." Since 1985 there have been several revisions to this Section that have clarified the intended purpose of the tipping fee, portion of the tipping fee restricted for certain uses and changes in the actual tipping fee imposed. The financial history is as follows: Total Restricted for the purpose of mitigating May be used for Tipping and compensating for local risks, cost and any general Fee other adverse effects of landfill activities purpose Jan. 1,1985 $.15/cu. yd. Jan. 11, 1988 $.25/cu. yd. Oct. 24,, 1988 $.35/cu. yd. Aug. 24, 1989 $1.00/cu. yd. $. 15/cu. yd. -0- $.25/cu. yd. -0- $.25/cu. yd. $.10/cu. yd. $.25/cu. yd. $.75/cu. yd. The Finance Office has reviewed prior year ledgers and detailed the revenues/expenditures and fund balance as to restricted or general purpose based on the above fee allocations. The detail for the years of 1985 through year-to-date 1991 is attached, and the fund balance as of September 20, 1991 is: Fund Balance - restricted Fund Balance - any general purpose $431,746 * ,*46.483 Tipping Fee Fund Balance as of 9/20/91 $878,229 *It should be noted the City has designated a portion of this fund balance for the City-wide recycling contract and the brush chipper (CAP Grant). The designated fund balance is $46,568 and would reduce the available restricted fund balance shown above. Landfill Abatement Fund: "This fund is used to account for the City's expenditures for landfill abatement efforts. Revenue sources include interfund transfers, County grants and donations." Any fund balance would be temporary in nature as transfers from the tipping fee fund and direct reimbursement from Anoka County for recycling and/or abatement activities are made as expenditures are realized.