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Thursday, September 5, 2013

Warning About Future Landfill Costs

Revenue at the landfill next year will be down by something like 450 thousand dollars but, despite that, tipping fees will not be going up because not as much money will be spent in 2014 by the Fundy Region Solid Waste Commission. 

The Executive Director of the Regional Services Commission Jack Keir tells CHSJ News revenue is off because not as much garbage and compost are coming in to the landfill, in part because of the sluggish economy and not as much money is being set aside to pay for a new cell to put garbage when the time comes.

Keir has warned the Commission members they may face some tough decisions when the time arrives to construct a new cell at an estimated cost of 3 million dollars. He has laid out a couple of options........You can borrow the money thereby raising the debt or you can raise the tipping fee or you can hope the economy picks up.

The Waste Commission is hoping to be debt free by 2019.