Any proposal for a change in the existing rates shall be submitted by application filed with the City Engineer/Public Works Director. The application shall set forth the specific changes requested in rates or conditions of service, and it shall be accompanied by a complete written statement, with supporting schedules and exhibits, of all facts, data and information relied upon by the applicant in support of the requested changes. Any such application filed by the contractor under the agreement between the City of Hercules and Richmond Sanitary Services entered into September 10, 1986, shall include the following:
(a)
Financial statements, audited if available, for the contractor's full refuse collection and disposal operations, including income statement and end-of-year balance sheet, for the contractor's most recent completed fiscal year;
(b)
Contractor's income statement for its full refuse collection and disposal operations (audited or unaudited) for the period from the end of the period covered by the financial statements required by subsection (a) of this Section, to the month ended no more than forty-five (45) days prior to the filing of the application, and its balance sheet as of the same month end;
(c)
A projected income statement for the contractor's full refuse collection and disposal operations, prepared in accordance with generally accepted accounting principles, for the twelve (12) months beginning with the date at which the change in rates is proposed to become effective, showing pro forma net operating results for the contractor's refuse collection and disposal operations at the proposed rates and at the rates in effect at the time the application is filed;
(d)
A schedule in support of the projected income statement required by subsection (c) of this Section, which reconciles all differences in projected revenues and operating expenses from those reflected in the financial statements submitted in response to subsections (a) and (b) of this Section, including a statement of all pertinent assumptions on which the projection is based and a showing as to the reasonableness of such assumptions;
(e)
An allocation of the projected operating results provided in response to subsection (c) of this Section, segregated as between services provided by the contractor to and within the City of Hercules and services provided by the contractor in and for other communities, with a statement of all factors used in making that allocation:
(f)
A statement of the contractor's costs used in making the projections of operating results required by subsections (c) and (e) of this Section, segregated as between costs of collection, transportation to disposal facility (transfer station or landfill site), processing and handling at any transfer station, landfill disposal, landfill closure, and administrative costs;
(g)
A schedule of rates for refuse collection services currently in effect in other municipalities in Contra Costa County and other counties in close proximity to the City of Hercules where similar disposal methods are used and the wage scales for employees of the companies providing the refuse collection services are the same or close to the same as those of the contractor;
(h)
A statement of whether or not the rates proposed by the contractor are or will be more than one and two-tenths (1.2) times the rates charged for the same or similar services in neighboring cities and municipalities to the City of Hercules; and
(i)
Such other data as the contractor may wish to offer in support of its application.
All material submitted in support of any application for a change in rates shall be submitted in such formats and detail, with supporting statistics, as may from time to time be prescribed by the City Engineer/Public Works Director and shall be submitted with verification under penalty of perjury. Any application not meeting all of the foregoing requirements shall not be accepted for filing by the City Engineer/Public Works Director.
(Ord. 285 Div. 1 (part), 1989; Ord. 535 § 3, 2021)