HomeMy WebLinkAbout020224 - 02.1 Mid-Year Financial Update
MID-YEAR 2023/24
OPERATING BUDGET UPDATE
INTRODUCTION
The Annual Planning and Goal Setting Workshop provides an opportunity for the
Town Council to review the Town’s finances at the midpoint of the fiscal year. This
review includes changes to revenues, expenditures, or other factors having the
potential to materially change the budget or the ten-year forecast.
Development of the annual operating budget starts with a comprehensive staff review
of services, programs and activities needed to serve the community for the upcoming
year, supported by a detailed analysis and forecast of revenues by source. A draft
budget is subject to a detailed review by the Town Council during a series of public
meetings. Once adopted, the budget can be subject to revenue or expenditure changes
driven by factors as broad as the overall economy or as specific as changes in a single
service area, or an unanticipated emergency. Once adopted, the budget and all Town
finances are closely monitored on an ongoing basis.
The mid-year update identifies potentially significant deviations from the adopted
budget and recommends revenue or expenditure adjustments that may be required.
The formal mid-year financial report will be presented to the Town Council for
consideration at the February 20, 2024, Town Council meeting.
As of December 31, 2023, revenues are tracking ahead of the approved budget
forecast, while overall expenditures are on track to finish the fiscal year within
budget. The Town’s overall fiscal condition remains strong, and the Town expects to
finish the fiscal year on a positive note.
BACKGROUND
Between March 2020 and December 2023, the Town continuously operated under a
declared local State of Emergency, for what became an unprecedented time in
Danville’s history. Initially declared at the outset of the world-wide Coronavirus
pandemic, a second declaration of Local Emergency was necessitated due to severe
winter 2022/23 storms that required extensive recovery and repair operations. All
told, the Town expended over $5.7 million to remediate the effects of these storms.
Although the nature of each emergency was different, each event taxed the Town in
various ways. Prompt and decisive action allowed the Town to successfully navigate
the economic and physical impacts wrought by both events.
2
Economic recovery has been bolstered by strong property values that continue to
increase property tax revenue, which is the Town’s largest revenue source. Various
factors including growth in online commerce drove sales tax revenue to an all-time
high by the end of 2022. However, revenues have now experienced a year over year,
decline for three straight quarters. While sales tax revenues continue to outpace
budget projections, revenue growth is expected to be below historical averages for the
fourth quarter of 2023 and most of 2024. This is attributable to reduced consumer
demand and a potential recession. While the possibility of a recession should not be
ignored, continued low unemployment and tight labor markets indicate that a severe
downturn is unlikely.
Since 2020, the Town has benefitted through receipt of federal assistance in the form
of the Cares Act of 2020, the American Rescue Plan Act (ARPA) of 2021 and
anticipated public assistance from the Federal Emergency Management Agency
(FEMA). In all, a total of approximately $13.0 million in federal assistance has been
or will be received. These funds, combined with other measures taken have allowed
the Town to provide consistent ongoing services and provide needed funds to
community partners, while continuing to devote resources for high priority capital
improvements.
Ten-year forecasts covering 2023/24 through 2032/33 see the Town charting a fiscally
sustainable course subject to the ability to increase Town-wide Lighting and
Landscape Assessments for the first time in more than twenty years. Assessment
revenues are used to maintain Town parks, roadsides and street lighting.
Having now emerged from the pandemic and recovery from the winter 2022/23
storms, new fiscal challenges are expected to be driven by a variety of factors. The
economy continues to be affected by inflation, high interest rates, oil prices and stock
market volatility. There is ongoing geopolitical instability as a result of the Russia/
Ukraine war, conflict in the Middle East and the status of China and Taiwan.
Domestically, the U.S. is facing an unprecedented border crisis, uncertainty over the
outcome of 2024 elections and potential changes in leadership and policies. Finally,
an increase in the number of severe weather events have impacted virtually every
region of the country.
For the Town, these trends and factors are expected to impact availability and costs
for utilities, materials and supplies, contracted services and personnel, at levels that
could outpace forecast revenue growth and budgeted costs.
MID-YEAR 2023/24 OPERATING BUDGET STATUS
At mid-year, total revenues are positive to the budget forecast and total expenditures
are within budget. Overall fiscal condition remains strong with the fiscal year
expected to end positive to budget forecasts.
3
The winter 2022/23 storms required the Town to incur significant, unanticipated
recovery and repair costs during the 2022/23 and 2023/24 fiscal years. For 2022/23,
$1.04 million in additional operating costs were incurred for storm clean up and
remediation. Despite these additional costs, the 2022/23 fiscal year ended with an
unreserved, undesignated fund balance of $2.95 million.
For 2023/24, expenditures are largely tracking within the budget. Storm remediation
costs were incurred through November 2023, when the last work was completed.
Additional operating expenditures of $146,430 have been incurred, accompanied by
$4.5 million in capital expenses for Diablo Road Emergency Culvert Repair, Front
Street Emergency Creekbank Stabilization and Linda Mesa Storm Drain Emergency
Repair.
REVENUES
Revenues are received in increments that vary from monthly to annually during the
fiscal year. Complete revenue information becomes available only upon close of the
fiscal year and acceptance of the ACFR.
Total revenues of $40.2 million were forecast for 2023/24, a 4.5% increase from $38.5
million forecast for 2022/23.
Table 1 illustrates revenues received through the December 31, 2023 mid-point of the
fiscal year. Exhibit A to this memorandum expands this summary to show a mid-year
revenue comparison for the last five fiscal years.
Table 1
Mid-Year Revenue Summary
Budget Mid-Year % of
General Fund Forecast Actual Total
Property Tax $17,000,000 $ 7,286,187 42.9%
Sales Tax $ 6,500,000 $ 2,837,576 41.6%
Property Transfer Tax $ 452,000 $ 176,648 39.1%
Transient Occupancy $ 140,000 $ 38,450 27.5%
Business License $ 350,000 $ 306,088 87.5%
Franchise Cable $ 800,000 $ 193,054 24.1%
Franchise Solid Waste $ 863,788 $ 465,330 53.9%
Franchise Gas & Electric $ 575,000 $ - 0.0%
Fines & Forfeitures $ 150,000 $ 38,932 26.0%
Interest Income $ 500,000 $ 227,301 45.5%
Rental Income $ 178,521 $ 75,989 42.6%
Recreation Fees and Charges $ 2,485,491 $ 1,155,441 46.5%
4
Budget Mid-Year % of
Special Revenue Forecast Actual Total
Building and Planning $ 2,139,950 $ 1,772,782 82.7%
Engineering $ 302,205 $ 326,490 108.4%
Gas Tax $ 1,850,000 $ 904,720 48.9%
Measure J - RTS $ 836,146 $ 130,177 15.6%
Clean Water $ 572,700 $ 8,777 1.5%
LLAD - A $ 583,858 $ 335,884 57.5%
LLAD - B $ 746,968 $ 417,131 55.8%
LLAD - C $ 664,183 $ 372,553 56.1%
LLAD - D $ 1,134,741 $ 615,899 54.3%
Solid Waste VIF $ 898,424 $ 437,213 54.2%
General Fund
General Fund revenues are exceeding the budget forecast at mid-year.
Property Tax – The budget forecast is $17,000,000. Property tax is projected to account
for 56.2% of general fund revenues. Higher interest rates and a slower economy have
caused valuations to level off and begin to decline. Actual prior year revenues totaled
$17,805,336 for 2021/22 and $18,421,168 for 2022/23. Based upon mid-year receipts,
revenues are expected to exceed the budget forecast by an estimated $1 million. No
changes are recommended to the forecast at mid-year.
Sales Tax – The budget forecast is $6,500,000. Sales tax is projected to account for
21.5% of general fund revenues. Higher interest rates have reduced consumer
spending and the Town has experienced a decline in year over year sales tax revenue
over the past three quarters. Actual prior year revenues totaled $7,315,831 in 2021/22,
and $7,321,501 in 2022/23. Although actual revenues are expected to decline from
2022/23, 2023/24 revenues are expected to exceed the budget forecast by an estimated
$750,000. No changes are recommended to the forecast at mid-year.
Property Transfer Tax – The budget forecast for 2023/24 is $452,000. Despite
continued strong property values, higher interest rates have significantly slowed sales
over the past two years. Actual transfer tax revenues have declined from an all-time
high of $1,013,688 in 2021/22 to $516,654 in 2022/23. Mid-year revenues represent
39.1% of the annual forecast. Based upon mid-year receipts, no changes are
recommended to the forecast at mid-year.
Business License Tax – The budget forecast for 2023/24 is $350,000. Business license
payments are due by August 1. Mid-year receipts represent 87.5% of the forecast,
lagging slightly behind prior year levels. Based upon mid-year receipts, no changes
are recommended to the forecast at mid-year.
5
Franchise Fees – The budget forecast for 2023/24 is $2,238,788. Franchise fees for
Cable, Solid Waste and Gas and Electric are received at various times throughout the
year (from monthly to annually). At mid-year, revenues are tracking closely with
prior years on a total and percentage basis. Based upon mid-year receipts, no changes
are recommended to the forecast at mid-year.
Recreation Fees and Charges - The budget forecast for 2023/24 is $2,485,491.
Recreation fees and charges have experienced a gradual recovery from the pandemic;
2023/24, revenues were forecast to increase by 22.2% from the prior year. Actual prior
year revenues totaled $1,667,350 for 2021/22 and $2,186,078 for 2022/23. Based upon
mid-year receipts, no changes are recommended to the forecast at mid-year.
Donations – No donation revenue was budgeted for 2023/24. Subsequently the
Town has received a $10,000 donation to purchase equipment for the Police
Department. A mid-year adjustment of $10,000 is recommended to recognize the
receipt of the $10,000 in donations.
Special Purpose Revenue
Special Purpose revenues are exceeding the budget forecast at mid-year.
Building and Planning – The budget forecast for 2023/24 is $2,139,950. Actual prior
year revenues totaled $2,932,342 for 2021/22 and $3,461,312 for 2022/23. At mid-year,
revenues collected represent 82.7% of the budget forecast. Mid-year receipts include
$290,632 in State grants received to prepare the new Housing Element and related
EIR. Based upon mid-year receipts, revenues are expected to exceed the budget
forecast by an estimated $750,000 to $1 million. No changes are recommended to the
forecast at mid-year.
Gas Tax - The budget forecast for 2023/24 is $1,850,000. Actual prior year revenues
totaled $1,954,911 for 2021/22 and $2,117,295 for 2022/23. At mid-year, actual
revenues are tracking slightly behind most recent prior year receipts. Based upon mid-
year receipts, no changes are recommended to the forecast at mid-year.
Measure J Return to Source (RTS) – The budget forecast for 2023/24 is $836,146. RTS
revenue comes from the countywide half cent sales tax for transportation and is
largely received at the end of the fiscal year. Actual prior year revenues totaled
$1,111,730 for 2021/22 and $1,071,645 for 2022/23. Based upon mid-year receipts, no
changes are recommended to the forecast at mid-year.
Solid Waste Diversion Incentive Fees – The budget forecast for 2023/24 is $898,424.
Solid Waste DIF are collected from the Town’s solid waste and recycling haulers to
offset impacts of collection vehicles upon Town streets. Actual prior year revenues
totaled $854,168 for 2021/22 and $877,238 for 2022/23. Based upon mid-year receipts,
no changes are recommended to the forecast at mid-year.
6
Lighting and Landscape Assessment District – The budget forecast for 2023/24 is
$3,129,750. LLAD revenues are generated from assessments levied on property to
partially fund the cost to maintain Town parks, roadside landscaping and street
lighting. A determination regarding how to proceed with increasing LLAD rates for
the first time in twenty years is timely. Current rates have been in place for twenty
years, with no built in escalator. With little growth occurring, revenues have
remained flat, losing ground to labor and materials costs, and inflation in general.
The LLAD has been unable to fund any capital maintenance or capital improvements
for some time, which has required a growing, unsustainable annual subsidy from the
general fund. Actual prior year revenues totaled $3,195,658 for 2021/22 and
$3,241,676 for 2022/23. Based upon mid-year receipts, no changes are recommended
to the forecast at mid-year.
Successor Agency
The Successor Agency to the former Community Development Agency receives Real
Property Tax Trust Fund (RPTTF) revenues to meet the obligations that were incurred
by the Agency, prior to the dissolution of redevelopment by the State in 2011. RPTTF
revenues are budgeted at $2,281,625, inclusive of Town re-payment under the Re-
stated Cooperation Loan Agreement with the former CDA. RPTTF revenues fund
debt service payments for the 2001 and 2005 Certificates of Participation, the 2001
Taxable Revenue Bonds, and reimbursement of allowed administrative costs. Based
upon mid-year receipts, no changes are recommended to the forecast at mid-year.
Revenue Summary
Thus far in 2022/23, the Town Council has approved one budget adjustment:
• Resolution No. 55-2023, increased revenues in the General Fund by $20,935 to
accept grant funds from the State of California for the Cannabis Tax Fund Grant
Program to train and deploy Police Department staff to reduce collisions due to
impaired driving.
Recommended Mid-Year Revenue Adjustments
One mid-year adjustment is recommended:
• Increase “Donations” by $10,000 to allow the donation received for the Police
Department to be expended.
At mid-year, there are significant positive variances to the budget forecast for
Property Tax, Sales Tax and Building and Planning Fees. As a result, total 2023/24
revenues are projected to exceed the budget forecast. Due to the anticipated positive
variance, no further mid-year revenue adjustments are recommended.
7
Table 2 summarizes the adopted budget forecast, prior amendments and
recommended mid-year adjustments. Table 2
Mid-Year Revenue Summary
Adopted Prior Mid-Year
Budget Amendments Revised
TOTAL $ 42,505,962 $ 42,526,891 $ 42,536,891
General Fund $ 30,269,143 $ 30,290,078 $ 30,290,078
Special Revenue $ 9,955,194 $ 9,955,194 $ 9,965,194
Successor Agency $ 2,281,625 $ 2,281,625 $ 2,281,625
EXPENDITURES
The 2023/24 operating budget includes total operating expenditures of $37.63 million,
a 5.2% increase from the 2022/23 budget of $35.77 million.
General Government – The budget for 2023/24 is $3,082,129. Outside legal costs
resulting from Town initiated litigation may exceed the City Attorney’s budget and
need to be re-visited at year end. Based upon mid-year information, expenditures are
expected to remain within the approved budget for the department.
Police Services – The budget for 2023/24 is $11,323,619. One budget amendment in
the amount of $140,000 has previously been approved, appropriating funds to
replace two existing police vehicles. A mid-year amendment is necessary to appropriate
funds received through a private donation to purchase specialized equipment. One
mid-year adjustment is recommended to increase the Police Services Management
budget by $10,000. All other expenditures are expected to remain within the approved
budget for the department.
Administrative Services – The budget for 2023/24 is $4,950,754. Based upon mid-year
information, expenditures are expected to remain within the approved budget for the
department.
Development Services – The budget for 2023/24 is $5,374,995. The 2023-30 Housing
Element process is expected to conclude in early February. In Engineering, additional
consulting assistance is required for development review. Design work for the Diablo
Road Trail project is being done “in house” rather than by contract, so the additional
consulting assistance will provide back-up for Town staff. One mid-year adjustment
is recommended to increase the Engineering budget by $60,000 (Engineering Fund). All
other expenditures are expected to remain within the approved budget for the
department.
8
Maintenance Services – The budget for 2023/24 is $8,917,276. Mid-year adjustments
are required in two areas. Street Lighting costs are expected to exceed budget by
$30,000 as a result of a PG&E billing error that caused several electrical meter accounts
that should have been billed in 2022/23 to be billed during the 2023-24 fiscal year.
Equipment Maintenance costs are expected to exceed budget by $30,000 due to higher
than estimated vehicle maintenance costs. Supply issues have reduced production of
police patrol vehicles. Continuing to operate older vehicles has resulted in the need
to replace major components on several vehicles. Expenditures in all other program
areas are expected to remain within the budget forecast. Mid-year budget
adjustments are recommended to increase the Street Lighting budget by $30,000
(LLAD Zone C), and the Equipment Maintenance by $30,000 for Street Light
Maintenance and an additional $30,000 (General Fund). All other expenditures are
expected to remain within the approved budget for the department.
Recreation, Arts and Community Services – The budget for 2023/24 is $3,980,078.
Based upon mid-year information, expenditures are expected to remain within the
approved budget for the department.
Winter 2022/23 Storm Recovery Costs – The severe 2022/23 winter storms required
extensive emergency repair and remediation that carried over into 2023/24. Through
November, the Town has incurred $146,430 in non-budgeted operating expenditures
for storm remediation. There are limited, if any, remaining additional expenditures
expected to be incurred. The Town has absorbed these additional, unbudgeted costs
within current operations. Should additional unanticipated needs arise over the
balance of the fiscal year, it may be necessary to revisit this at year-end.
Successor Agency
For 2022/23, Successor Agency operating expenditures total $1,181,625 for debt
service and administrative costs. Re-payment of the outstanding balance owed under
the former CDA/Town loan funds capital transfers of $1,100,000. Successor Agency
expenditures remain unchanged. Based upon mid-year information, expenditures are
expected to remain within the approved budget for the department.
Expenditure Summary
Thus far in 2023/24 the Town Council has approved two budget adjustments totaling
$170,000.
• Resolution No. 73-2023, appropriated $30,000 from the General Fund Contingency
Fund to contract with a consultant to perform a benefit analysis related to Street
Lighting and Landscape Assessment District No. 1983-1 Improvements.
• Resolution No. 77-2023, appropriated $140,000 from the Abandoned Vehicle
Abatement Fund to purchase two police vehicles to replace two existing vehicles.
9
Recommended Mid-Year Expenditure Adjustments
The following mid-year adjustments are recommended:
• Police Services - Increase Management budget by $10,000 (Donation Fund);
• Development Services – Engineering – Increase Contracted Services budget by
$60,000 (Engineering Fund)
• Maintenance Services – Increase Street Lighting budget by $30,000 (LLAD Zone
C); and
• Maintenance Services – Increase Equipment Maintenance budget by $30,000
(General Fund)
Table 3 illustrates 2023/24 expenditures, including the adopted budget forecast, prior
amendments and recommended mid-year adjustments.
Table 3
Mid-Year Expenditure Summary
Adopted Prior Mid-Year
Budget Amendments Revised
TOTAL $ 37,628,851 $ 38,980,476 $ 39,110,476
General Fund $ 26,804,216 $ 26,834,216 $ 26,864,216
Special Revenue $ 10,824,635 $ 10,964,635 $ 11,064,635
Successor Agency $ 1,181,625 $ 1,181,625 $ 1,181,625
Transfers and Designations
The 2023/24 budget includes General Fund transfers of $4,862,480, including:
• $1,350,000 for LLAD operations
• $850,000 for CIP - Pavement Management Project
• $50,000 for Asset Replacement
• $2,200,000 for the Operating Reserve (storm remediation costs)
• $72,480 for the Civic Facilities Fund
• $340,000 for the Park Facilities Fund.
On November 21, 2023, the Town Council adopted Resolution No. 83-2023, approving
the 2021/23 ACFR and transferring a total of $2,948,948 from the General Fund into a
newly created Emergency Reserve Fund (storm remediation costs). This increased
the total 2023/24 transfers and designations to $7,811,428.
STATUS OF TEN-YEAR FORECAST
Ten-year forecasts are key to planning for future years, ensuring long term fiscal
stability and continuity of service for Town residents. This report describes factors
and conditions that are likely to affect future ten-year forecasts. Additional time is
10
required to determine how to factor in this new information toward development of
the forecast as part of the upcoming 2024/25 budget process. There are no changes
recommended to the ten-year forecast at mid-year.
2024/25 OPERATING BUDGET
As the Town prepares to move forward with the 2024/25 Operating Budget, several
considerations have the potential to affect Town costs or service delivery, beyond
levels anticipated in the current ten-year forecasts. These include:
• The Town will need to consider options for adjusting Town-wide LLAD
assessment rates for the first time in more than twenty years. Necessary
preparations need to be made to position the Town to pursue a potential rate
adjustment in 2024/25 or 2025/26.
• Contracted Services and Utility costs are expected to continue to increase at
rates that outpace the ten year forecast fueled by higher levels of inflation.
• Risk Management costs increased significantly in 2023/24 above the prior year.
Unfortunately, general liability costs are expected to continue to increase
significantly as a result of new claims that have been filed against the Town.
• Personnel expenses are expected to continue to increase as inflation and the
high cost of living continue to create competition for certain classifications of
employees and affecting the rate of staff turnover. In 2024/25 the Town plans
to conduct a new total compensation survey to compare Town wages and
benefits with comparable agencies and the marketplace in general.
In addition to operating expenditures, the Town Council will be discussing potential
mid-year changes to the Capital Improvement Program. Several conditions have
occurred within the past year, having potential impacts upon the CIP and Town
funding. Some of these include awaiting partial repayment for emergency repair
projects necessitated by the winter 2022/23 storms, impacts of legislation such as SB
1572 and the related implementation cost, the need to fund long term arterial roadway
maintenance absent a steady and dedicated funding source beyond the general fund
and a growing list of ongoing capital maintenance projects.
RECOMMENDATION
Review and discuss the 2023/24 Mid-Year Financial Overview and provide direction
and feedback to staff regarding any mid-year budget adjustments.
Attachments
A – Mid-Year Revenue Comparison for 2019/20 – 2023/24
Attachment A
MID-YEAR REVENUE COMPARISON
2019/20 - 2023/24
2019/20 2020/21 2021/22 2022/23 2023/24
General Fund Budget Mid-Year %Budget Mid-Year %Budget Mid-Year %Budget Mid-Year %Budget Mid-Year %
Property Tax 14,260,222 5,853,303 41.0%14,505,222 6,083,333 41.9%15,200,000 6,798,599 44.7%16,200,000 6,846,134 42.3%17,000,000 7,286,187 42.9%
Sales Tax 5,577,220 2,158,204 38.7%4,339,328 2,394,705 55.2%5,250,000 2,630,587 50.1%6,000,000 3,011,151 50.2%6,500,000 2,837,576 43.7%
Transfer Tax 648,643 239,868 37.0%494,838 457,186 92.4%650,000 451,321 69.4%650,000 226,465 34.8%452,000 176,648 39.1%
Transient Occupancy 163,001 48,393 29.7%54,597 18,859 34.5%125,000 33,716 27.0%125,000 40,115 32.1%140,000 38,450 27.5%
Business License 365,150 336,965 92.3%146,060 299,113 204.8%325,150 304,771 93.7%350,000 311,334 89.0%350,000 306,088 87.5%
Franchise Cable 885,864 207,590 23.4%899,152 201,342 22.4%800,000 206,042 25.8%800,000 204,343 25.5%800,000 193,054 24.1%
Franchise Solid Waste 811,664 401,818 49.5%752,413 341,125 45.3%846,851 352,855 41.7%863,788 434,402 50.3%863,788 465,330 53.9%
Franchise Gas & Electric 629,404 0 0.0%629,404 0 0.0%575,403 0 0.0%575,000 0 0.0%575,000 0 0.0%
Fines & Forfeitures 175,000 57,100 32.6%141,400 32,542 23.0%150,000 30,803 20.5%150,000 32,643 21.8%150,000 38,932 26.0%
Interest Income 328,750 206,576 62.8%197,250 107,766 54.6%328,750 88,330 26.9%500,000 155,076 31.0%500,000 227,301 45.5%
Rental Income 163,343 181,262 111.0%124,490 170,455 136.9%170,035 72,080 42.4%178,521 91,657 51.3%178,521 759,879 425.7%
Recreation Fees and Charges 2,576,145 1,269,668 49.3%1,351,262 286,465 21.2%1,500,001 682,566 45.5%2,034,067 946,882 46.6%2,485,491 1,155,441 46.5%
2019/20 2020/21 2021/22 2022/23 2023/24
Special Revenue Budget Mid-Year %Budget Mid-Year %Budget Mid-Year %Budget Mid-Year %Budget Mid-Year %
Building and Planning 2,212,200 1,282,981 58.0%1,787,458 1,357,186 75.9%2,153,200 1,308,799 60.8%2,153,200 1,752,021 81.4%2,139,950 1,772,782 82.8%
Engineering 137,850 206,886 150.1%260,535 134,581 51.7%260,535 152,825 58.7%302,205 267,864 88.6%302,205 326,490 108.0%
Gas Tax 1,919,117 994,517 51.8%969,080 935,848 96.6%1,664,828 1,006,705 60.5%1,800,000 972,713 54.0%1,850,000 904,720 48.9%
Measure J - RTS 815,217 161,891 19.9%576,288 5,254 0.9%710,139 228,826 32.2%771,781 198,134 25.7%836,146 130,177 15.6%
Clean Water 572,200 14,793 2.6%572,710 28,657 5.0%272,700 22,187 8.1%572,700 5,580 1.0%572,700 8,777 1.5%
LLAD - A 582,115 332,294 57.1%583,858 328,047 56.2%583,858 336,915 57.7%583,858 332,875 57.0%583,858 335,884 57.5%
LLAD - B 744,744 412,600 55.4%746,968 410,577 55.0%746,968 411,144 55.0%746,968 335,223 44.9%746,968 417,131 55.8%
LLAD - C 662,204 369,641 55.8%664,183 367,566 55.3%664,183 366,405 55.2%664,183 375,670 56.6%664,183 372,553 56.1%
LLAD - D 1,131,619 603,992 53.4%1,134,741 601,336 53.0%1,134,741 603,759 53.2%1,134,741 608,582 53.6%1,134,741 615,899 54.3%
Solid Waste VIF 482,182 241,098 50.0%585,000 272,900 46.6%846,851 352,855 41.7%872,257 434,402 49.8%898,424 437,213 48.7%
ATTACHMENT A