Landfill Disposal Capacity Value using Excel Model

Similar documents
Amortization Cost. Depreciation. Overhead. Making Solid (Waste) Decisions With Full Cost Accounting 1EPA

MEMORANDUM 1. INTRODUCTION 2. METHODS FOR FINANCING AND WASTE FLOW MANAGEMENT. John Sedley. Russ Smith, Anke Bergner, Capital Regional District

City of Surrey Approach to a Fully Integrated Organic Waste Management System

Climate Change and Waste The Missing Link December 2010 Written by Jacob Gregory

Policies & Procedures

DATA RECOVERY SOLUTIONS EXPERT DATA RECOVERY SOLUTIONS FOR ALL DATA LOSS SCENARIOS.

The FUNdamentals of Full Cost Accounting

METHOD FOR PROJECT APPRAISAL: NET PRESENT VALUE OR NPV The sum of discounted cash flows.

TRIPLE BOTTOM LINE ASSESSMENT OF UR-3R PROCESS

CE Entrepreneurship. Investment decision making

EXECUTIVE SUMMARY. Asset Management Relationships and Dependencies. Introduction

City of Toronto Waste Audits Presented to Residual Waste Working Group

A Quick Guide to Municipal Financial Statements MUNICIPAL AFFAIRS

Annex 4D.2. Economic and Financial Analyses - a Worked Example

FULL COST ACCOUNTING PRACTICAL GUIDANCE ON CONVERTING TO FCA

Improving Canada s Record on Reducing and Recycling Waste. SWANA Northern Lights Conference May 14, 2015

Waste a source of energy. Regional Solid Waste Management Plan Review: Engaging solutions for tomorrow. Incineration. Incineration

GENERATOR REGISTRATION REPORT. Part 1 Generator Identification

Risk Sharing in Waste Management Projects S. Vaughan-Jones, S. Chackiath, & A. Street

Integrated Solid Waste Management. Assessment of. and Gaps therein &

Business Plan: Energy Conservation

WHAT IS A HAZARDOUS WASTE? Kansas Department of Health and Environment Bureau of Waste Management

6 STEP 6 - PREPARING THE ACTION PLAN 2

Category 5: Waste Generated in Operations

Solid Waste Management in LAC: Actual and Future CH4 Emissions and Reductions

1200 United Boulevard

Maximizing Organics Diversion: A Comparison of Residential Food Waste Capture Rates

Municipal waste management in Austria

Landfill Gas In Ireland - The Facts

CITY OF VAUGHAN EXTRACT FROM COUNCIL MEETING MINUTES OF MAY 6, Goal 2: To ensure sustainable development and redevelopment

CABINET 26 JULY 2011 PROCUREMENT OF LONG TERM WASTE TREATMENT FACILITIES REPORT OF THE DIRECTOR OF ENVIRONMENT AND TRANSPORT

Waste Management. Sunny Mistry. Rensselaer Polytechnic Institute. Solid and Hazardous Waste Prevention and Control Engineering. Spring 2014 MANE-6960

Eileen B. Berenyi, Ph.D.

2014 Business Plan & Budget

Oman Environmental Services Holding Company

Finance Committee Feb. 11, 2015 Draft Minutes. Jim Hayden Scott Shanley

Report to KPMG re: Core Services Review. June 2015

Presentation Overview. Site Waste Management Plans: A missed opportunity?

POSITION DESCRIPTION Number: PD:

Procurement requirements for reducing waste and using resources efficiently

Cleanaway Waste Management Limited

Department of Public Works and Environmental Services Division of Solid Waste Disposal and Resource Recovery

Waste Strategy. for Herefordshire and Worcestershire. Managing waste for a brighter future

CONTENTS. Visit us at reduceyourwaste.ca for more

DRAFT SOLID WASTE AND RESOURCE MANAGEMENT PLAN STAGE 2 REPORT FOR CONSULTATION

Analysis of GHG emissions from Travis County Landfills from 2010 to 2030 A Report to the City of Austin Office of Sustainability

GUIDELINE. Professional Engineers Providing Services in Solid Waste Management. Published by Association of Professional Engineers of Ontario

City of Atlanta CLIMATE ACTION PLAN

The Business Case for Reusable Packaging. Samantha Goetz Marketing Communications Manager ORBIS Corporation

BURNIE WASTE MANAGEMENT STRATEGY

Annex 4D.6. Discounted Cash Flow Analysis (DCF) and Average Incremental Cost Analysis (AIC)

CEFC financing first for major Western Australian waste-to-gas project

Records Retention and Disposal Schedule. Waste Management

WIDP GUIDANCE BRIEFING ACCOUNTING TREATMENT ASSESSMENT FOR NATIONAL ACCOUNTS PURPOSES

Cost Estimating for RCRA Financial Assurance

PPP seminar. High Level Regional Workshop on PPPs in the Middle East Jordan. June 2010

SOUTH BAYSIDE WASTE MANAGEMENT AUTHORITY 2015 FINAL LONG RANGE PLAN

White Goods Accounting Worksheet

LOS ANGELES COUNTY Conversion Technology Program

Testimony of Kevin S. Dietly, Northbridge Environmental Management Consultants In Support of Senate Bill 312

Materials Recovery Facility for Athens and Hocking Counties Feasibility Study: MRF Operation Considerations and Financial Projections October 25, 2012

Massachusetts Local Disaster Debris Management Plan Checklist Updated July 2014

AGENCY SUMMARY NARRATIVE

INTEGRATED WASTE MANAGEMENT SERVICES

Application for a Waste Management Licence

Environmental sustainability BBC Environment Targets: Performance 2014/15

Sustainable Development Strategy Responsibility. Innovation. Commitment.

City of Pitt Meadows 2015 Utilities Financial Plan December 11, 2014

Country specific notes on municipal waste data

Vancouver Landfill Gas Capture Optimization Project

ReCommunity Delaware. NERC CONFERENCE April 7, 2015 Robert Anderson Regional Business Development Manager

FLORIDA HAZARDOUS WASTE MANAGEMENT REGULATIONS THAT DIFFER FROM FEDERAL REQUIREMENTS

Food Waste Reduction Good Practice Guide for Hotel Sector

How To Help The European People

Transcription:

A&WMA and OENIA 2015 Waste Management and GHG Reudction Conference Toronto, Ontario, October 7, 2015 Landfill Disposal Capacity Value using Excel Model Tian Gou, P.Eng. tgou@golder.com

AGENDA Full Cost Accounting and its application Methodology Model structure Sensitivity Analysis Limitations of the Model Example Model Screenshots Questions and Answer 2

US EPA Guideline on FCA (1997) Whole-picture view On-going basis 3

Full Cost Accounting Principles US EPA Guideline (1997) A systematic approach for identifying, summing and reporting the actual costs of solid waste management. Three major types of direct costs: Up-front costs Operating costs Back-end costs FCA can assess Overall costs of the full municipal solid waste (MSW) services One or more components of MSW services 4

FCA Municipal Solid Waste Management Source: US EPA (1997) 5

FCA Landfill Disposal Path Source: US EPA (1997) 6

Benefits of Full Cost Accounting Provides a true cost of landfill disposal Helps local governments identify inefficiency and cost saving opportunities in the landfill disposal path Helps local governments improve methods of evaluating privatization initiatives Helps local governments adjust the mix of MSW programs accordingly (if FCA analysis is performed for each MSW services) Makes it possible to benchmark results with municipalities with similar size and operation levels 7

Methodology Model designed for use by municipal governments Cost-based approach Municipality funded service to the tax-paying public on a cost recovery basis Break-even analysis revenue received = costs. tipping fee charge that could minimize the net operating cost at the end of the landfill life (i.e., end of the post closure period). a break-even cost at the year when garbage acceptance began inflated and applied against the actual and forecast tonnages sufficient to fund all expenditures identified for garbage disposal at the landfill 8

Methodology Model base year costs Obtained from accounting records Future costs and historical costs Financial projection Extrapolated based on inflation trends as posted by Statistics Canada Includes costs directly contributing to or supporting the disposal of garbage Collection, transfer station, landfill disposal, closure and post closure Cost allocation between disposal and diversion for shared infrastructures 9

Golder s Model Providing municipalities a thorough and user-friendly electronic spreadsheet model template that: Allows input of relevant and site specific cost data Allows selecting from various option buttons, and drop-down menus Calculates the life cycle cost of disposing of one tonne of garbage 10

Methodology Model Structure 11

Scenario Analysis Disposal Tonnage Change one of the following input parameters Tonnage for Model base year Diversion rate for Model base year Garbage generation growth rate Diversion growth rate Cost allocation percentage Change one of the following input parameters Current and future allocation rates to disposal The onset years for future allocation rate 12

Contribution Items Scenario Analysis Excluding one of the following at a time in the break-even analysis Collection Transfer station Landfill operations Monitoring 13

Limitations of the Model Assesses only the landfill disposal stream Model input does not include the following costs: Opportunity costs of land Remedial action costs Externality costs Model results does not include the following: Benefits/costs or levies related to waste diversion or recycling initiatives Recovery of cost shortfalls from previous undercharging (if applicable) Taxes Facility owners should not solely rely on the Model output to develop a fee structure charged at the gate of the landfill 14

Excel Model Input 15

Excel Model Input 16

Excel Model Costs 17

Excel Model Closure & Post Closure 18

Excel Model Break-even Analysis 19

Excel Model Model Output Summary 20

Thank You! Questions? 21