UNION COUNTY — It’s nice to get nearly $1.6 million, especially if you’re expecting it, but it’s even nicer if you get nearly $1.9 million instead.
In June 2016, Union County entered into an agreement with Republic Services, LLC, the owner and operator of the Upstate Regional Landfill in the Cross Keys Community, that will bring in $100 million in revenue to the county over 70 years. The agreement, which covers the expansion of the landfill, succeeded the original five-year agreement between the county and the company which generated $1.5 million in revenue a year for the county. Under the terms of the new agreement, Republic will continue to pay the county $1.5 million in host fees each year for the life of the landfill which is estimated to be 70 years or more.
The landfill host fee was one of the subjects discussed by Independent Auditor Marion B. Fant Jr. when he presented his audit report for fiscal 2015-2016 to Union County Council during its March meeting on Tuesday, March 14.
In his report, Fant said that the county’s 2015-2016 budget had projected revenues totaling $14,778,122 including $1,575,936 from the landfill host fee. Fant said the landfill host fee actually generated $1,891,698 for the county in 2015-2016 or $315,167 more than originally budgeted. He said that actual revenues for the county totaled $13,998,771 or $779,351 less than originally budgeted.
Fant also reported that the county’s expenditures for fiscal 2015-2016 had been budgeted at $14,809,594 but actually totaled only $13,758,410 or $1,051,184 less than originally budgeted. He said that when actual revenues and expenditures were combined, the county finished the year with a budget surplus of $240,361.
The revenue side of the county ledger also includes annual transfers to the general fund which are also factored in each year’s budget. The transfer for 2015-2016 totaled $164,638 increasing the year’s surplus to $404,999.
Fant added that the county’s fund balance increased from $3,453,023 at the beginning of fiscal 2015-2016 to $3,858,022 at the end of the year.
Republic Services LLC Division Manager Tony Davies (left) presents Union County Supervisor Frank Hart (right) with a check for $20,000 during the June 21, 2016 Union County Council meeting. The check, along with a check for $40,000 Davies also presented Hart, were part of a new agreement between the county and Republic regarding the Upstate Regional Landfill the company operates in the Cross Keys area. The company will pay the county $1.5 million a year over the next 70 years for a total of $100 million over the life of the landfill. In his March 14 report to Union County Council on the county budget for fiscal 2015-2016, Independent Auditor Maron B. Fant Jr. reported that Republic paid the county nearly $1.9 million that year or $300,000 more than the nearly $1.6 million budgeted.
Charles Warner can be reached at 864-762-4090.