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2016-11-29_PWETC_AgendaPacket
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2016-11-29_PWETC_AgendaPacket
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1/25/2017 12:09:51 PM
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Commission/Committee
Commission/Authority Name
Public Works Commission
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
11/29/2016
Commission/Committee - Meeting Type
Regular
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I DO ZMA 00 IN <br />Since 2006, the City of Roseville has received more than $853,000 in revenue from the sale of its <br />recyclables. The materials that Roseville residents set out are valuable. They required tons of <br />natural resources, a great deal of energy, and hours of labor to produce. Much of that value still <br />remains in the items after they are used. Recycling this material captures that value and reinvests it <br />into the next generation of products reducing costs and creating significant environmental benefit. <br />The market for recycled material generates billions of dollars each year in the United States alone. <br />This material is highly sought after by manufacturers who want to make new products out of it. <br />In 2015 Roseville received $984.54 in revenue from the sale of recyclable materials. As <br />commodity prices decreased in February — December of 2015, the revenue received was not <br />sufficient to cover the costs ofprocessing the material to sort it into the different commodity types <br />for sale. Roseville currently has a zero floor clause in the recycling contract that states that if <br />processing costs exceed the revenue earned the city's cost/revenue from the sale of materials shall <br />be $0.00. The gap between revenues received and processing costs incurred means that just over <br />$33,000 worth of processing costs were absorbed by Eureka Recycling. <br />Total Annual Revenue Share Received <br />$200,000.00 <br />$150,000.00 <br />$100,000.00 <br />$50,000.00 <br />$0.00 <br />2006 2007 2008 2009 2010 2011 2012 2013 2014 015 <br />($50,000.00) <br />6 <br />
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