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6. Delegations – No items
There were no delegations present.
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7. Waste Disposal – No items
There were no items for discussion.
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8. Finance and Administration
A. Six-month Financial Report
The Manager of Finance referred to page six of the agenda package. The report details a six-month financial review for January to June 2020. She stated that the total revenue for this six-month period was approximately $840,000 higher than budgeted. She described some of the significant items. Municipally delivered waste tipping fees generated approximately $60,000 higher revenue than budgeted. This favourable variance was offset due to the reduction in revenue of approximately ($135,000) from residential tipping fees due to the closure of the Authority depots due to COVID. Additional waste was collected at curbside from residents instead of residents delivering the material to Authority depots.
The Manager of Finance stated that ICI tipping fee revenue was approximately $546,000 more than budgeted due to large volumes of contaminated soil delivered from a local construction project. She noted that this project is complete and those revenues will not continue. She stated that there was a loss of ($91,000) of revenue from ICI customers due to the closure of the Windsor Public Drop Off due to COVID.
The Manager of Finance stated that revenue from the sale of recyclable materials was $174,000 higher than budgeted for the first six months of 2020 due to the fact that the Authority was able to receive favourable pricing for paper products due to COVID.
The Manager of Finance stated that the Authority has received notice from Stewardship Ontario that the actual amount that the Authority will receive is $2.9 million dollars in Blue Box funding for 2020 which is approximately $500,000 more than was included in the budget. The first payment was received in June.
The Manager of Finance stated that some expenditure increases are due to insurance, utility and security costs.
The Manager of Finance also stated that the Regional Landfill compensation is higher than budgeted due to the additional tonnages delivered to the Regional Landfill for disposal.
The Manager of Finance stated that the MHSW program is run by contract staff and savings were realized when the Windsor Public Drop Off Depot was closed due to COVID.