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HomeMy WebLinkAbout9/20/2006 - STAFF REPORTS - 5.B. UAJ A MM CITY COUNCIL STAFF REPORT DATE: September 20, 2006 NEW BUSINESS SUBJECT: RATE ADJUSTMENT FOR SOLID WASTE COLLECTION SERVICES FROM: David H. Ready, City Manager BY: Assistant City Manager-Administration SUMMARY The City's franchised waste company, Palm Springs Disposal Services, has provided written notice of its intent to increase rates for residential and commercial solid waste services by 2.5%, which is the maximum amount allowable without City Council approval. In addition, Palm Springs Disposal Services has requested that the City Council approve an additional 2.62% increase in the rates for solid waste collection services. This increase combined with the earlier adjustment would result in a total rate increase of 5.12%, which is consistent with the actual change in the Consumer Price Index (CPI) for the period February 2005 to February 2006. If approved, the proposed increase would go into effect beginning October 1, 2006 for residential customers and commercial customers. RECOMMENDATION: 1. Adopt Resolution No. , "A (RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A REQUEST FROM PALM SPRINGS DISPOSAL SERVICES FOR A 2.62% INCREASE IN THE RESIDENTIAL AND COMMERICAL FEE FOR SOLID WASTE COLLECTION SERVICES." STAFF ANALYSIS: The City has entered into a franchise agreement with Palm Springs Disposal Services to provide solid waste collection and recycling services. This agreement establishes the maximum rates that can be charged and provides a mechanism for adjusting these rates based upon the percentage change in the Consumer Price Index for All Urban Consumers (CPI) for the Los Angeles-Riverside-Orange County area for the period February to February. ITEM NO. City Council Staff Report September 20, 2006 =- Page 2 Rate Adjustment for Solid Waste Collection Services The solid waste collection rates for residential and commercial customers have been frozen since 2003. This is the first year that Palm Springs Disposal Services can actually adjust their rates based on the percentage change in the CPI. Under the franchise agreement, Palm Springs Disposal Services can automatically adjust their rates for residential and commercial customers by the actual change in the CPI up to a maximum of 2.5% by providing written notice to the City Manager on or before March 315t. CPI adjustments for residential and commercial services in amounts greater than 2.5% must be approved by the City Council. The actual CPI for the period February 2005 to February 2006 as published by the Bureau of Labor Statistics was 6.12%. The City has received correspondence from Palm Springs Disposal Services indicating their intent to increase rates by 2.5% and requesting that the City Council approve an additional 2.62% increase in the rates charged for residential and commercial customers. A copy of this correspondence is attached. According to Palm Springs Disposal Services, this increase, which represents the full percentage change in the CPI for the period of February 2005 to February 2006, is needed to offset some extraordinary expenses they incurred during the first two years of the franchise agreement. These expenses, which include significant increases in workers' compensation insurance, fuel cost, and truck insurance, total over $1,051,000 over the past two years. Based on the increased expenses incurred in the first two years of the current franchise agreement, Palm Springs Disposal Services has estimated that their combined general and administrative (G&A) and Net Income before Income Taxes (NIBIT) shortfall will be approximately $1,482,000. The franchise agreement provides that the City Council may approve the request for additional 2.62% or undertake a review and make an appropriate determination of rates. In conducting this review, the City Council may consider all prior rate increases, the effect of all disposal fee increases, recycling surcharges and any other increased charges, and the cumulative effect of all such increases in setting the rate adjustment. The City Council may also consider whether the cost is unusual, whether the amount requested is warranted, whether the company is making a fair return on its investment, and whether the company is not otherwise adequately compensated by other rates and charges provided in the franchise agreement. The City Council's decision on whether to approve the request or not is final and binding. If approved, the proposed rate increase will be retroactive to July 1, 2006 for commercial customers. Because Palm Springs Disposal Services bills quarterly, the new rate for residential customers will not appear on customers' bills until October 1, 2006. If the City Council approves the additional 2.62% increase that has been requested, the cost for residential economy service (twice weekly curbside service) will increase by $0.96 for a total proposed monthly rate of $15.75. In comparison, the disposal rates in other cities in the Coachella Valley range from $13.00 to $15.00 per month for weekly curbside service. City Council Staff Report September 20, 2006 -- Page 3 Rate Adjustment for Solid Waste Collection Services Pursuant to the franchise agreement, Palm Springs Disposal Services has notified their customers of the proposed rate increase and published notice in the Desert Sun notifying the public of the proposed rate increase and the date and time of he City Council's review of this request. FISCAL IMPACT: Finance Director Review: There is no fiscal impact to the City. If the City Council approves the proposed increase, the City will receive a nominal amount of additional franchise fee revenue from Palm Springs Disposal Services. Tro 'tzlafF, A t i tA t City Manager David H. Ready iOar g rj Attachments: 1. Resolution 2. Correspondence from Palm Springs Disposal Services dated March 31, 2006 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A REQUEST FROM PALM SPRINGS DISPOSAL SERVICES FOR A 2.62% INCREASE IN THE RESIDENTIAL AND COMMERCIAL FEE FOR SOLID WASTE COLLECTION SERVICES WHEREAS, the City has entered into a franchise agreement with Palm Springs Disposal Services for Solid Waste Management Services; and WHEREAS, the franchise agreement establishes the maximum rates that can be charged by Palm Springs Disposal Services; and WHEREAS, the maximum rate for services may be adjusted annually based upon the percentage change in the Consumer Price Index (CPI) for All Urban Consumers for the Los Angeles-Riverside-Orange County area for the period February to February; and WHEREAS, Section 10.04 d(1) of the franchise agreement provides that the City Council must approve all CPI adjustments greater than 2.5%; and WHEREAS, Palm Springs Disposal Services has provided written notification of its intent to adjust rates by 2.5% as allowed under the franchise agreement; and WHEREAS, according to the Bureau of Labor Statistics the percentage change in the CPI for the period February 2005 to February 2006 was 5.12%; and WHEREAS, Palm Springs Disposal Services has requested that the City Council review and approve an additional 2.62% adjustment in their rates for residential and commercial solid waste services; and WHEREAS, the City Council may approve the additional increase or undertake a review and make an appropriate determination of rates; and WHEREAS, the City Council has reviewed the proposed rate increase and finds that an adjustment in solid waste collection fees for residential and commercial customers is necessary to respond to the increased cost of providing such services; and WHEREAS, such adjusted in the fee charged for solid waste services provide for quality waste management services to citizens and businesses at a fair market cost; and WHEREAS, pursuant to the franchise agreement, Palm Springs Disposal Services is required to provide thirty (30) days notice to their customers of the proposed rate increase; and WHEREAS, Palm Springs Disposal Services has notified their customers of the proposed rate increase and has published notice in the Desert Sun of the proposed rate increase and the date and time of the City Council review. NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Palm Springs does hereby approve Palm Springs Disposal Services' request for an additional 2.62% increase in the rates charged for residential and commercial solid waste collection services. BE IT FURTHER RESOLVED, that the new rates for residential and commercial solid waste collection services are set forth in Exhibit "A", attached hereto and made a part hereof. BE IT FURTHER RESOLVED, that this resolution shall go into effect and be in full force and operation as of July 1, 2006. ADOPTED this day of 2006. AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By: City Clerk City Manager REVIEWED AND ADOPTED AS TO FORM: EXHIBIT "A" Residential Services: 5.12% CPI increase on service components 4.00% County increase on disposal tipping fee component Service Category Old Monthly New Monthly Rate Economy service $14.79 $15.75 Family Value service $17.29 $18.37 Standard service $19.49 $20.80 Estate service $49.50 $52.74 Effective date: October 1, 2006 Date of last adjustment: July 1, 2003 (a rate decrease) Commercial Services: 5.12% CPI increase on service components 4.00% County increase on disposal tipping fee component Service Category Old Monthly Rate New Monthly Rate 3 CY bin, once weekly $115.59 $120.99 Effective date: July 1, 2006 Date of last rate adjustment July 1, 2003 (a rate decrease) Perim Springs Disposal ScrVitces 4690 East Mesquite Avenue P O Box 2711 Palm Springs,CA 92263-2711 Telephone: (760)327-1351 Pax: (760)323-5132 March 31, 2006 Mr. Troy Butzlaff I3and Delivered .Assistant City Manager for Administration City of Palm Springs 3200 East Tahquitz Canyon Way Palm Springs, CA 92263 RE: RATE ADJUSTMENTS FOR SOLID WASTE COLLECTION SERVICES Dear Troy: In accordance with the terms of our Franchise Agreement, we are requesting the following action: 1. Approval by the City Council for a 5.12% increase in Residential Service rates effective July 1, 2006 (but collected during the 9-month period October 1, 2006 through June 30, 2007); 2. Approval by the City Council for a 5.12% increase in Commercial Service rates effective July 1, 2006; 3. Concur with a 5.12% increase in Industrial Service rates effective July 1, 2006; 4, Concur with a 4.00% increase in Disposal Tipping Fees effective July I, 2006 (as approved by the Riverside County Board of Supervisors): a. Increase the Residential Disposal Tipping Fee rate component 4.00% (but collected during the 9-month period October 1, 2006 through June 30, 2007; and, b. Increase the Commercial and Industrial Disposal Tipping Fee rate components by 4.00% effective July 1, 2006, and, 5. Action by the City Council authorizing City Staff'to prepare amendments to Franchise Agreement No. 4727 to: a. Change the method of billing for Residential Service to the tax bill effective in 2007, b. Limit the criterion for improved properties to request and receive exemptions from the requirement to subscribe to and pay for solid waste services to uninhabitable properties, and Mr. Troy Butzlaff March 31, 2006 Re: RATE ADJUSTMENTS FOR SOLID WASTE COLLECTTON SERVICES Page 2 c. Extend the term of the Franchise Agreement by one year to expire on June 30, 2015. BACKGROUND Residential and Commercial Service customers have not seen an increase in rates for three years. With the effective date of the current Franchise Agreement, rates to Residential customers were reduced and no increases were made in 2004 or 2005. Annual adjustments to our compensation are based upon changes in the Consumer Price Index for all Urban Consumers (CPJ-U)for the Los Angeles-Riverside-Orange County Area as published by the Bureau of Labor Statistics for the period February to February. The Franchise agreement provides for recovery of the full CPI adjustment for Industrial Services. CPI adjustments for Residential and Commercial Services in amounts greater than 2.5%require the approval of the City Council. Increases in the Tipping Fee charged at the transfer/disposal site are an exception to the CPI-U formula adjustment and are adjusted concurrent with the effective date of a change in those fees. CHANGE IN CPI Annual adjustments to our compensation based upon changes in the Consumer Price Index for all Urban Consumers (CPI-U) for the Los Angeles-Riverside-Orange County Area as published by the Bureau of Labor Statistics for the period February to February. Accordingly, the CPI change is+5.12%, calculated as follows: INDEX CPI-U, February, 2006 207.5 CPI-U, February, 2005 1974. Index Change 10.1 % Change (+10.1/197.4)_+ 5.17% (Refer to http://Www.bls.gov/ra9/(,7zrrezztPC.PDF,) The Franchise agreement provides for recovery of the full CPI adjustment for Industrial Services. CPI adjustments for Residential and Commercial Services in amounts greater than 2.5% require the approval of the City Council. We are requesting full CPI adjustment as a means of recovering extraordinary expenses incurred during the first two years of the current Agreement. Mr. Troy Butzlaff March 31, 2006 Re: RATE ADJUSTMENTS FOR SOLID WASTE COLLECITON SERVICES Page 3 EXTRAORDINARY EXPENSES Our,Agreement also provides a mechanism for the recover of extraordinary expenses. During the first two Contract Years, PSDS incurred extraordinary expenses for workers compensation insurance, fuel and truck insurance. The Company's total extraordinary expenses (after allowing for CPI-based inflation) for workers compensation insurance expense, fuel expense and truck insurance expense totals $1,052,000 for the first two years of the current contract. Table 1 Summary of Workers Extraordinary Expenses for Workers Compensation Insurance, Fuel & Truck Insurance for Operations in Palm Springs (after allowing for CPI-based inflation) t2 Mos.Ended 12 Mos.Ended Cumulative 9130#04 9/30/05 Total Contract Year#1 Contract Year##2 Workers com ensa6m uasurance 544,986 212,701 757,587 Fuel _ 38,248 81,860 120,108 Truck insurance 79 333 94541 173,874 Total 662,467 389,102 1,051,569 We have also reviewed our financial performance in comparison to the three largest publicly traded solid waste firms (Table 2). Table 2 Comparative Analysis of PSDS Financial Performance with the Mean Average of Publicly Traded Companies (Combined G&A and Net income before Income Taxes) Company 2001 2004 2005 Mcan average of public companies 21% 19% 20% PSDS 27 Over nder) fi%v 5"/v 9L1a1 The combined G&A and NIBIT shortfall is largely the result of the aforementioned extraordinary expenses. We calculate the shortfall to be $1,482,000 (Table 3). Mr. Troy Butzlaff March 31, 2006 Re: RATE ADJUSTMENTS FOR SOLID WASTE COLLECITON SERVICES S Page 4 Table 3 Calculation of Revenue Shortfall based upon Comparative Financial Results Contract Year#1 Contract Year#2 Cumulative Total %Over(Under), (5%) (9%) (Table 5) PSDS total revenue $9,937,000 $10,665,000 (Schedule B-2) Revenue shortfall $484 000 $.9.98 000 $1 432,000 Inasmuch as this shortfall was incurred over a period of two years, we considered recovering the shortfall over the course of the next two years as a surcharge. Table 4 demonstrates the impact of such a recovery method on annual revenue and representative categories of service. Table 4 Annual Revenue&Monthly Surcharge Amount for Representative Services Residential Commercial Industrial Total Annual Standard Walk-in 3CY Bin,1xWk 20CY Debris Box, Revenue service et pull Annual revenue $308,000 5300,000 $134,000 $742,000 Monthly surebargc $1,96 $8.09 $19,41 - ALTERNATIVES CONSIDERED The extraordinary costs described above were incurred over a two-year period, recovery over a similar two-year period would necessitate a 12% surcharge(about $2.00 per month for Residential customers in addition to the normal ongoing CPI-U adjustments and changes in Disposal Tipping Fees. It is our desire to avoid such a steep increase so we investigated some other approaches. Tull CPI-U. In past years when the change in the CPI-U has exceeded the threshold limit, we have refrained from seeking approval for the additional increase. Requesting a rate increase equal to the full amount of change in the CPT-U on a year-by-year basis is a way for us to recover extraordinary costs over time. This change would have minimal impact upon rate payers. Tax Roll Billing, We bill Residential customers quarterly for solid waste services. If this billing practice were changed to that of placing solid waste charges as an assessment on the tax bill (a practice that the City itself uses for sewer service charges), the Company's Mr. Troy Butzlaf£ March 31, 2006 Re: RATE ADJUSTMENTS FOR SOLID WASTE COLLECITON SERVICES Page 5 costs could be reduced by about $50,000 per year. This change would have no cost impact upon rate payers. Exemption Criteria. Currently, owners of improved properties may seek an exemption from subscribing to and paying for solid waste services if the property is uninhabited for a period of twelve months or more. While only 52 exemptions are currently in effect, many times that number request an exemption requiring a significant effort on the part of City and hauler staff to investigate the request and render a decision_ A revised exemption criterion that restricts exemptions to properties that are uninhabitable would greatly conserve staff resources for both the City and hauler. This change would have no cost impact upon rate payers. Franchise Term Extension. The term of the present Franchise Agreement was tied to the loan amortization period for the significant investment in new clean fuel vehicles required of the company. Due to the limited manufacturing capacity for clean fuel engines that did and continues to exist, delivery delays forced the company to amortize equipment financing over a shorter period. Extending the term of the Franchise Agreement by one year to expire June 30, 2006 would enable the company to extend the financing and benefit cash flow. This change would have no cost impact upon rate payers. When taken in combination, we feel that over time the above measures will adequately compensate the company for the extraordinary costs incurred without any significant impact upon our customers. SUMMARY We are pleased to report that we have been able to honor our commitment that customers have not seen an increase in rates for three years. And while we regret that extraordinary increases in some costs now make it necessary for us to request special consideration,we believe that we have designed a method of recovery that will have minimal impact upon our customers. We are requesting the following as a means of recovering extraordinary expenses: 1. An adjustment to Residential and Commercial Service rates to recover the full 5.12% change in the GPI-U; 2. Change over Residential billing from Contractor, quarterly billing to an assessment on the tax bill effective with the 2007-08 fiscal year; 3. Tighten the criteria by which improved properties may apply for and be exempted from paying for solid waste service; and, 4. Extend the term of the Franchise Agreement by one year to June 30, 2015. Mr. Troy Butzlaff March 31, 2006 Re: RATE ADJUSTMENTS FOR SOLID WASTE COLLECITON SERVICES Page 6 DISPOSAL TIP FEE INCREASE Please note that we expect that the County of Riverside will increase the Edom Hill Transfer Station Tip Fee effective July 1, 2006 from $34.98 to $36.38 per ton, a 4.00% increase. We are monitoring this matter and will advise you of any developments. We understand that it is the City's intention to pass any Tip Fee increase through to the ratepayers. 1MUNC OF REQUEST Based upon our experience in past years, we anticipate that the County's approval of new Disposal Tipping Fees will occur too late for us to provide Residential customers with the requisite 30-day prior notice and then be incorporated into our July 1, 2006 billing. We are also hesitant to include a service rate increase in the July 1 billing and follow it up with yet another rate increase for changes in Disposal Tipping Fees in the following October 1 billing. We therefore propose to consolidate these fee changes into the October I billing, adjusting the increases to recover the change in a 9-month period (October 1, 2006 through June 30, 2007) instead of a 12-month period (July 1, 2006 through June 30, 2007). This will result in the 5.12% CPI-U increase being adjusted to 6.83% and the 4.00%Disposal Tipping Fee increase being adjusted to 5.33% for the 9- month period October 1, 2006 through June 30, 2007 for Residential services. We look forward to the opportunity to meet with you in the very near future. Sincerel , a4�1 Rick Wade General Manager