Page 476 - FY 2020-21 Blue Book Volume II

Solid Waste Resources Revenue Fund

2019-20 2020-21
Adopted Budget Proposed
Budget

SPECIAL PURPOSE FUND APPROPRIATIONS

Arbitrage – Funds provided for the arbitrage costs, as needed, for $ 40,000 $ 40,000
outstanding revenue bonds.

Capital Infrastructure – Funds were provided for capital expenses for the 5,000,000 -
solids program. Funding needs will be evaluated and determined on a
priority basis.

Central Los Angeles Recycling & Transfer Station (CLARTS) 874,389 550,000
Community Amenities Fee – Funds are provided for financing community
amenities within Council District 14.

Clean Fuel Collection Fleet Replacement – Funds were provided for the 30,000,000 -
acquisition of compressed (CNG) and liquefied (LNG) natural gas collection
trucks to achieve a 100 percent clean fuel refuse fleet.

Debt Administration – Funds are provided for the issuance and 12,000 12,000
administration costs for revenue bonds.

Debt Service – Funds are provided for the payment of principal and interest 47,503,250 28,696,425
on outstanding revenue bonds.

Department of Water and Power Fees – Funds are provided for the costs 1,315,200 1,315,200
of billing and collection of the Solid Waste and Multi-family Bulky Item fees.

Neighborhood Empowerment Fund – Funds are provided to reimburse 40,607 60,445
the Department of Neighborhood Empowerment for one position that
conducts outreach at Neighborhood Councils.

Public Works – Sanitation Expense and Equipment – Funds are 92,695,576 113,823,671
provided for non-capital expenses and equipment for the Bureau of
Sanitation, which include tip fees, container replacements, and minor facility
repairs.

Rate Stabilization Reserve – Funds were provided as a reserve for 19,304,905 -
economic uncertainties.

Utilities – Funds are provided to pay for water and electricity expenses at 2,000,000 1,000,000
Solid Resources facilities. These expenses were previously paid out of the
Citywide Water and Electricity Fund.

Reimbursement of General Fund Costs – Funds are provided to 76,914,605 84,216,087
reimburse the General Fund for fringe and central services indirect costs.
Subtotal Special Purpose Fund Appropriations $ 275,700,532 $ 229,713,828

TOTAL APPROPRIATIONS $ 444,725,334 $ 392,727,609

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