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Solid waste rate study shows small FY26 deficit; consultant outlines three rate scenarios and transfer-station options
Summary
City consultants found a small FY26 solid waste funding gap and recommended options to rebuild reserves: a front-loaded rate increase, a three-year phase or a five-year phase. The study also outlined potential savings if Edmond altered transfer-station arrangements, estimating payback windows but recommending further analysis.
Keith Stewart, Director of Public Works, and Bobby Masterson, Assistant Director of Public Works, presented a solid-waste budget update and introduced a rate study by Raptalus Financial Consultants that shows a modest FY26 operating deficit and recommends building reserves to cover storm-debris, fleet lease and operating contingencies.
The consultant, Terry Bovary of Raptalus, told the council the FY26 projection shows roughly $12.5 million in solid waste revenues versus about $12.569 million in expenses — a current-year deficit on the order of $19,000. Raptalus recommended reserve targets and presented three rate options to close the funding gap and build reserves: an immediate front-loaded increase, a three-year phased increase, or a five-year phased plan. Consultants also presented an initial, high-level analysis of alternatives regarding the privately operated Edmond Transfer Station and potential cost savings from shifting…
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