Board discusses multi-year reserve targets, pacing and rate implications for GreenBox rollout
Members examined reserve forecasts and implementation timing: staff and board discussed targets of $200,000–$250,000 in reserves, options to add $100,000–$200,000 annually, and the possibility that a $200 annual reserve target equates to roughly a $16 rate increase in modeling.
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Board members debated how quickly the county could raise sufficient reserves to buy compactors and complete the GreenBox implementation. The modeling scenarios discussed assumed a multi-year build of reserves (examples given: current reserves around $200,000–$250,000, with annual additions of $100,000–$200,000) and staggered procurement across north and south regions to achieve efficiencies.
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