201 Brooks Street, P.O. Box 812 Charleston, West Virginia 25323 Phone: (304) 340-0300 Fax: (304) 340-0325 August 20,2020 Electronic Service Only James V. Kelsh, Esq. Counsel, Tygarts Valley Transfer, Inc. BowlesRice LLP PO Box 1386 Charleston, WV 25325-1386 Robert R. Rodecker, Esq. Counsel, City of Elkins, Intervenor Kay Casto & Chaney PLLC PO Box 203 1 Charleston, WV 25327 RE: Case No. 20-0323-SWF-42A Tygarts Valley Transfer, Inc. Gentlemen: The Staff Memorandum issued today was served via email on the above-listed parties. Any responses must be submitted to the Executive Secretary’s Office in writing within 10 days of this date, unless directed otherwise. You will not receive a copy of the Staff Memorandum by regular mail. Your failure to respond in writing to the utility’s answer, Staffs recommendations, or other documents may result in a decision in your case based on your original filing and the other documents in the case file, without further hearing or notice. PLEASE NOTE: The Public Service Commission has adjusted its filing procedures during COVID-19 Pandemic: All public utilities and parties to Commission cases are to follow the directives in General Order 262.3, issued April 7,2020. Filings of 30 pages or less should be filed in formal cases via email sent to caseinfo@,psc.state.wv.us. All filings over 30 pages should be sent by U.S, Postal Service or other commercial courier services, whenever possible. Individuals who are unable to file via email may file via fax or file paper copies. The Commission will continue to receive hand-delivered filings prior to 3:30 p.m. if at all possible. Sincerely, CGItg Enc. Memo f Executive Secretary
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201 Brooks Street, P.O. Box 812 Charleston, West Virginia 25323
Phone: (304) 340-0300 Fax: (304) 340-0325
August 20,2020
Electronic Service Only
James V. Kelsh, Esq. Counsel, Tygarts Valley Transfer, Inc. BowlesRice LLP PO Box 1386 Charleston, WV 25325-1386
Robert R. Rodecker, Esq. Counsel, City of Elkins, Intervenor Kay Casto & Chaney PLLC PO Box 203 1 Charleston, WV 25327
RE: Case No. 20-0323-SWF-42A Tygarts Valley Transfer, Inc.
Gentlemen:
The Staff Memorandum issued today was served via email on the above-listed parties. Any responses must be submitted to the Executive Secretary’s Office in writing within 10 days of this date, unless directed otherwise. You will not receive a copy of the Staff Memorandum by regular mail.
Your failure to respond in writing to the utility’s answer, Staffs recommendations, or other documents may result in a decision in your case based on your original filing and the other documents in the case file, without further hearing or notice.
PLEASE NOTE: The Public Service Commission has adjusted its filing procedures during COVID-19 Pandemic: All public utilities and parties to Commission cases are to follow the directives in General Order 262.3, issued April 7,2020. Filings of 30 pages or less should be filed in formal cases via email sent to caseinfo@,psc.state.wv.us. All filings over 30 pages should be sent by U.S, Postal Service or other commercial courier services, whenever possible. Individuals who are unable to file via email may file via fax or file paper copies. The Commission will continue to receive hand-delivered filings prior to 3:30 p.m. if at all possible.
Sincerely,
CGItg Enc. Memo
f
Executive Secretary
FINAL JOINT STAFF MEMORANDUM
TO: CONNIE GRALEY Executive Secretary
FROM: LINDA S. BOUVETTE Staff Attorney
DATE: August 20,2020
RE: CASE NO. 20-0323-SWF-42A TYGARTS VALLEY TRANSFER, INC.
STAFF RECOMMENDATIONS
Staff recommends that an order be entered approving publication of the rate increase in Randolph County only and requiring TVT to file Tariff Form 6. Staff further recommends that an order be entered approving a landfill rate of $53.30 per ton and a base rate of $33.58 per ton, for a total rate of $86.88 per ton and the Staff Recommended Tariff identified as Statement D, Schedule 3 in the Rule 42 Exhibit. Staff finally recoinmends that the order require TVT to submit documentation as a closed case entry that the truck and software have been purchased and the pay increase implemented.
PROCEDURAL HISTORY
On April 2, 2020, Tygart Valley Transfer, Inc. (TVT) filed a verified petition to raise its rates and charges froin $66.40 per ton to $73.05 per ton exclusive of any legislatively authorized or mandated assessment fees. This increase would be a 10% increase over current base rates. With the assessment fees, TVT’s new rate would be $8 1.80 per ton.
In addition, to the proposed rate increase, TVT filed a motion to limit the public notice requirements to Randolph County. TVT proposes to send a press release containing the information from its M.C. Tariff Form 8-A to all other counties in Waste Shed B of the State’s Solid Waste Management Plan. That would include Barbour, Braxton, Clay, Doddridge, Gilmer, Harrison, Lewis, Marion, Monongalia, Preston, Taylor, Tucker and Upshur Counties.
In support of its petition, TVT notes that its last base rate increase was in 20 18 and it operated in calendar year 2019 at a loss. TVT’s Tariff Form 2 notes that the increase is needed to operate profitably and to purchase new equipment. TVT stated it has 156 customers that will be impacted by the rate increase which is expected to raise $148,872 annually.
Case No. 20-0323-SWF-42A August 20,2020 Page 2
Utilities Division Final Recommendation
On August 20, 2020, William S. Beller, Utilities Analyst with the Utilities Division, submitted his final recoinmendations and a Rule 42 Exhibit. Mr. Beller used the test year January 1 through December 3 1, 20 19 for his calculations. Mr. Beller noted that during the processing of TVT’s rate increase request, Tucker County Landfill received a rate increase. Since TVT would be paying the higher disposal cost, that increase was incorporated into the application, resulting in a landfill disposal rate of $53.30 per ton. Staff recommended that TVT’s base rate be increased to $33.58 per ton, for a total rate of $86.88 per ton which will generate $135,414.00 in revenues, a 7.33% increase over going level and an overall return on investment of 7.77%.
The increase includes the purchase of a tractor truck, software upgrades for scales and a 5% increase in wages outside the test year. Mr. Beller did not allow for the fuel adjustment requested by TVT since diesel prices were much lower than what it was seeking. Mr. Beller recommended that TVT be given ninety (90) days following entry of an order approving the rates to submit proof as a closed case entry that the truck and software have been purchased and that the 5% pay increase has been implemented. If no proof is submitted, then Staff will petition to reopen the case and reduce rates to remove the cost of these items.
Legal Division Firtal Recommendation
Legal Staff reviewed the pleadings filed to date, including Technical Staffs final memorandum and Rule 42 Exhibit. Legal Staff notes that TVT utilized M.C. Tariff Form 8-A rather than Tariff Form 8-A. Further, TVT restricted its publication to Randolph County only, and filed an affidavit of publication froin The Inter-Mountain on June 30, 2020, as evidence that notice of the rate change was published in Randolph County on April 6 and 13, 2020. Finally, TVT failed to file Tariff Form 6, documenting that the posting, publication and separate mailing notice requirements of Tariff Rule 8.1.1. have been met.
Legal Staff recommends that an order be entered approving publication of the rate increase in Randolph County only which is consistent with past practice. Legal Staff further recommends that an order be entered requiring TVT to file Tariff Form 6.
Legal Staff recommends that an order be entered approving a landfill rate of $53.30 per ton and a base rate of $33.58 per ton, for a total rate of $86.88 per ton, which
Case No. 20-0323-SWF-42A August 20,2020 Page 3
will generate an additional $135,414.00 in revenues and a 7.77% overall return on investment. Legal Staff further recommends that the Commission approve the Staff Recoininended Tariff identified as Statement D, Schedule 3 in the Rule 42 Exhibit. Legal Staff finally recommends that the order should require TVT to submit documentation as a closed case entry that the truck and software have been purchased and the pay increase implemented.
L S B/vm Attachment
WB WSB bv LJA S : \ ~ S ~ ~ ~ ~ ~ F ~ ~ ~ ~ \ L B ~ ~ V ~ ~ ~ ~ \ C A S E S ~ O ~ O ~ O - O ~ ~ ~ - S W F - ~ ~ A ~ I N A L JOINT STAFF MEMORANDUM.doc
STATEMENT
RGL, INC. dba MOUNTAIN STATE WASTE CASE NO. 19-0893-MC-42A
TABLE OF CONTENTS
PAGE NUMBER
Letter of Transmittal
Summary of Staff Recommendation
A Statement of Net Income Schedule 1 - Detail of Operating Revenues Schedule 2 - Detail of Operation and Maintenance Expenses Schedule 3 - Depreciation and Amortization Schedule 4 - Taxes Other Than Federal Income Taxes Schedule 6 - Other Income Schedule 7 - Other Income Deductions
B Average Rate Base Schedule 1- Utility Plant I Service Schedule 8 - Accumulated Depreciation
C Present, Proposed and Staff Recommended Tariff
D Customer's Bill Analysis Schedule 1 - Current and Going Level Tariff Schedule 2 - Pro Forma Tariff Schedule 3 - Staff Recommended Tariff
F Comparative Balance Sheet
G Detail of Adjustments
1-2
10 11 12
13
14-15 16-17 18-19 20-2 1
22
23-27
H Cash Flow Analysis 28
Phone: (304) 340-0300 Fax: (304) 340-0325
Commissioners Public Service Commission of West Virginia P.O. Box 812 Charleston, West Virginia 25323
RE: Case No. 20-0323-SWF-42A Tygarts Valley Transfer, Inc. Rule 42A application to increase rates and charges
Dear Commissioners:
An examination has been made of the books and records of Tygarts Valley Transfer, Inc. (Tygarts) for the twelve (12) months ending December 3 1, 2019. Tygarts operates a transfer station located in Beverly, West Virginia (Randolph County), and Municipal solid waste disposed at Tygarts is transported to the Tucker County Landfill (Tucker) located in Thomas, West Virginia.
Utility Staff would note some change that has taken place after Tygarts initial application was filed. Tygarts, in its initial application, sought to charge a total rate of $75.15 per ton for the disposal of municipal solid waste (MSW). The $75.15 per ton rate consisted of a landfill charge of $47.50 per ton and a base rate charge of $27.65 per ton. However, since that time, Tucker was approved an increase of $5.80 per ton charge (Case No. 19-1 163-SWF-PC-42A), which is a cost that Tygarts would have to incur and pass through to its customers. Subsequently, Tygarts was approved to increase the landfill portion of its total rate from $47.50 to $53.30 (Case No. 20-0443-SWF-T). This change is reflected in Staffs report.
In its application, Tygarts requested an increase of 24.05% in its base rate from its then current rate of $27.65 per ton to a proposed rate of $34.30 per ton. Tygarts proposed base rate increase results in a total disposal rate of $87.60 per ton. The requested increase in Tygarts base rate would generate an overall increase in revenue of 8.2 1 %. This increase is requested to cover increases in expenses related to day-to-day operations, wages (given during the test year and proposed), requested software and equipment purchase. Operation and Maintenance expenses at Going Level showed an overall increase of $138,524, the majority of which ($132,445) is directly related to the increase in the landfill expense associated with the rate increase approved for Tucker. Utility Staff has allowed for the purchase of a truck tractor, software update for the scales, and a 5% wage increase outside of the test year. Because Utility Staff has allowed for purchases outside of the text year, adjustments were made to the Depreciation Expense for assets that would become
Commissioners Case No. 20-0323-SWF-42A August 19,2020 Page 2
filly depreciated within the next twelve (12) months. Utility Staff did not allow for the Fuel Adjustment requested by Tygarts. In its application, Tygarts reflects a Going Level Fuel (Diesel) rate of $3.08 per gallon. However, current rates for Diesel in the State of West Virginia range from $2.30 per gallon to $2.45 per gallon, and during the test year Tygarts paid an average of $2.77 per gallon. Utility Staff believes that the fuel costs could be volatile going forward but current prices and test year prices indicate an upward adjustment is not warranted and has adjusted he1 to an average cost of $2.40 per gallon.
Other adjustments allowed by Utility Staff can be found on Statement G of this report. In addition to adjustments found on Statement G of this report, Utility Staff has also made Going Level Adjustments to Tygarts Statement B (Average Rate Base) to allow for a full year for assets that will be placed into service shortly after rates go into effect from this case. These additions are neither revenue producing nor expense reducing and results in an increase of $172,786 to utility plant in service and a $26,27 1 increase to accumulated depreciation.
At Pro Forma, Tygarts requested rate of $87.60 ($34.30 rate base and $53.30 landfill rate) would generate an increase in revenues of $151,855 (8.21% increase from Going Level), net income of $85,250, a cash flow surplus of $101,718, and an overall return on investment of 9.26%.
Utility Staff recommends a rate of $86.88 per ton ($33.58 base rate and $53.30 landfill rate). This rate would generate an increase in revenue of $135,414 (7.33% increase from Going Level), net income of $68,808, a cash flow surplus of $85,276, and an overall return on investment of 7.77%.
Utility Staff further recommends that Tygarts be given 90 days after rates go into effect to supply proof, as a closed entry in this case, of the purchase of both the tractor, the purchase of the software for its scales, and the 5% wage increase. If no proof is submitted within those 90 days, Utility Staff will petition to re-open this case and adjust the rates accordingly.
Respectfully Submitted
William S. Beller, IJA I1 Utilities Division Motor Carrier Section
WSB:ls Attachments
Tygarts Valley Transfer, Inc. SUMMARY OF STAFF RECOMMENDATION
Income Cash Flow Detail Statement Analysis 6) ($1 ($1
OPERATING REVENUE Commercial, Residential, Extra Haul, and Recycling
Other 1,983,938
1.983.938 1.983.938
OPERATING REVENUE DEDUCTIONS Operating Expenses
Wages Employees Benefits-Insurance Health Repairs and Maintenance Landfill Expense Fuel Other
Depreciation
Taxes Other Than Federal Income Tax Federal income Tax State Income Tax
Total Deductions Net Operating Income (Loss)
OTHER INCOME
OTHER DEDUCTIONS Interest Total Debt Service Other
NET INCOME -- or -- CASH SURPLUS
Operating Ration Before Income Taxes
45,600
235,486 1,190,121
9,653
#REF!
#REF! #REF! #REF! 85,83 1
14,146 14,146
#REF! #REF! #REF! #REF!
16,675 86,038
#REF! #REF!
#REF!
1
Tygarts Valley Transfer, Inc. SUMMARY OF STAFF RECOMMENDATION
Number of Customers: Residential - 316
Area Served -UT& and Wood Counties
Approximate Annual Increase in Residential Revenue:
Proposed - Amount Percent
Recommended - Amount $4,696 Percent 9.58%
Approximate Annual Increase in Commercial Revenue:
Tygarts Valley Transfer, Inc. Taxes Other Than Income Taxes Year Ended December 3 1,20 19
Statement A-4
Per Books Acct Adjustments Per Books Going Level Pro Forma Staff umber Per Books Inc (Dec). Adjusted Adjustments Going Level Adjustments Pro Forma Recommended
(1) (2) (3) (4) (5) (6) (7) (8) $ $ $ $ $ $ $ s
FICA FUTA Medicare SUTA Property Taxes
8,737 212
2,043 1,629
857
8,737 541 (6) 9,278 212 212
2,043 127 (7) 2,170 1,629 1,629
857 857
9,278 9,278 212 212
2,170 2,170 1,629 1,629
857 857
Total Taxes Other Than Income Taxes 13,478 13,478 668 14,146 14,146 14,146
Tygarts Valley Transfer, Inc. Other Income Year Ended December 31,2019
STATEMENT A SCHEDULE 6
Per Books Acct Adjustments Adj Per Books Going Level Adj ProForma Adj Staff
Number Per Books Inc (Dee). No. Adjusted Adjustments No. Going Level Adjustments No. Pro Forma Recommended (1) (2) $ $
Other Income
Total Other Income
Tygarts Valley Transfer, Inc. Other Income Deductions Year Ended December 31,2019
STATEMENT A SCHEDULE 7
Per Books Adjustments Adj Per Books Going Level Pro Forma Staff
Pro Forma Recommended Per Books Inc (Dec). No. Adjusted Adjustments Going Level Adjustments
Interest Expense 8,343 Loss - Sale of Asset 5.432
8,343 8,332 (13) 16,675 5,432 (5,432) (14)
16,675 16,675
13,775 13,775 2,900 16,675 16,675 16,675
Tygarts Valley Transfer, Inc. Average Rate Base Year Ended December 3 1,20 19
Utility Plant in Service Depreciation
Net Investment
Total Average Rate Base
Statement B
Average Balance Per Books Per Books Going-Level Pro Forma Source Per Books Adjustments Adjusted Adjustments Going-Level Adjustments Pro Forma
26,27 I cost Salvage Value Life (periods) Straight Line Amnt
27,786 5 5,557 145,000 7 20.714
Total 172,786 26,27 1
Tygarts Valley Transfer, Inc. Present, Proposed and Staff Recommended Rates Year Ended December 3 1.20 19
Base Rate Landfill Fee*
Statement C
Company Company Staff Present Proposed Proposed Recommended Recommended Difference % Difference Rates Rates YO Increase Rates 'KO Increase Proposed v Rec. Proposed v Rec.
Base Rate Total Determinants (all customers) 33.58 751,755 132,755 21.45%
Landfill Fess Current Rate ($47.50+$5.80)
Total Revenue
Correction Factor
Totals As Corrected
53.30 1,193,227 0.00%
86.88 1,944,983 132,755 7.33%
######### #########
1,983,938 135,414 7.33%
15
Statement D Schedule 1 Page 1 of 2
TYGARTS VALLEY TRANSFER, INC.
CURRENT AND GOING LEVEL TARIFF 20-0323-SWF-42A
RULES AND REGULATIONS
I. Rules and Regulations for the Government of Solid Waste Disposal Facilities, adopted by the Public Service Commission of West Virginia, and now in effect, and all amendments thereto and modifications thereof hereafter made by said Commission.
11. Transfer Station Rules and Regulations
1.
2.
3.
4.
5 .
6 .
7 .
8.
9.
10.
11.
12.
13.
No "semi's or tractor trailers" allowed.
All vehicles must be properly licensed and registered and have WV inspection sticker.
No speeding; all traffic laws are posted and must be observed at all times.
No buying or selling of anything is permitted.
No hunting.
No firearms or lethal weapons of any kind allowed on Company property or on your person.
Fighting, horseplay, gambling, stealing or scavenging of discarded or refuse material is prohibited.
All private vehicles must be off the transfer station property at the end of the workday.
No alcoholic beverages or non-prescription drugs allowed.
No loitering.
No tampering with equipment or utilities, water, electric, etc.
All accidents (vehicle or personal) must be reported immediately to transfer station office.
Be courteous and respectful at all times. No hazardous material or chemicals are allowed. Listed below are known Droducts that
A. The regular operating hours of the facility are from 7:OO a.m. to 4:OO p.m. daily Monday through Friday, closed on Saturday and Sunday. The facility will be closed on the following Holidays: New Year’s Day, Independence Day, Thanksgiving Day, the following Friday, and Christmas Day. If any of these holidays fall on a Saturday, Sunday or Monday, that the transfer station will observe that holiday on the preceding Friday.
B. The Transfer Station may extend its operating hours and/or open on a weekend should there be a scheduled cleanup within its service area.
C. The Transfer Station may extend its operating hours and/or open on a weekend should there be a disaster such as flooding, tornado or major fire, etc., within its service area.
RATES
BASE RATE .................................... $27.65 per ton LANDFILL CHARGES ................ $53.30 perton
TOTAL, CHARGE ...................... $80.95 per ton
17
Statement D Schedule 2 Page 1 of 2
TYGARTS VALLEY TRANSFER, INC.
PRO FORMA LEVEL TARIFF 20-0323-SWF-42A
RULES AND REGULATIONS
I. Rules and Regulations for the Government of Solid Waste Disposal Facilities, adopted by the Public Service Commission of West Virginia, and now in effect, and all amendments thereto and modifications thereof hereafter made by said Commission.
11. Transfer Station Rules and Regulations
1, No "semi's or tractor trailers" allowed.
2. All vehicles must be properly licensed and registered and have WV inspection sticker.
3. No speeding; all traffic laws are posted and must be observed at all times.
4. No buying or selling of anything is permitted.
5. No hunting.
6. No firearms or lethal weapons of any kind allowed on Company property or on your person.
7. Fighting, horseplay, gambling, stealing or scavenging of discarded or refuse material is prohibited.
8. All private vehicles must be off the transfer station property at the end of the workday.
9. No alcoholic beverages or non-prescription drugs allowed.
10. No loitering.
1 1. No tampering with equipment or utilities, water, electric, etc.
12. All accidents (vehicle or personal) must be reported immediately to transfer station office.
13. Be courteous and respectful at all times. 14. No hazardous material or chemicals are allowed. Listed below are known products that
A. The regular operating hours of the facility are from 7:OO a.m. to 4:OO p.m. daily Monday through Friday, closed on Saturday and Sunday. The facility will be closed on the following Holidays: New Year’s Day, Independence Day, Thanksgiving Day, the following Friday, and Christmas Day. If any of these holidays fall on a Saturday, Sunday or Monday, that the transfer station will observe that holiday on the preceding Friday.
B. The Transfer Station may extend its operating hours and/or open on a weekend should there be a scheduled cleanup within its service area.
C. The Transfer Station may extend its operating hours and/or open on a weekend should there be a disaster such as flooding, tornado or major fire, etc., within its service area.
(I) RATES
BASE RATE .................................... $34.30 per ton LANDFILL FEE.. ...................... .$53.30 per ton
TOTAL CHARGE ...................... $87.60 per ton
(I) Indicates Increase
19
Statement D Schedule 3 Page 1 of 2
TYGARTS VALLEY TRANSFER, INC.
STAFF RECOMMENDED 20-0323-SWF-42A
RULES AND REGULATIONS
I. Rules and Regulations for the Government of Solid Waste Disposal Facilities, adopted by the Public Service Commission of West Virginia, and now in effect, and all amendments thereto and modifications thereof hereafter made by said Commission.
11. Transfer Station Rules and Regulations
1.
2.
3.
4.
5 .
6 .
7.
8.
9.
10.
11.
12.
13. 14.
No "semi's or tractor trailers'' allowed.
All vehicles must be properly licensed and registered and have WV inspection sticker.
No speeding; all traffic laws are posted and must be observed at all times.
No buying or selling of anything is permitted.
No hunting.
No firearms or lethal weapons of any kind allowed on Company property or on your person.
Fighting, horseplay, gambling, stealing or scavenging of discarded or refuse material is prohibited.
All private vehicles must be off the transfer station property at the end of the workday.
No alcoholic beverages or non-prescription drugs allowed.
No loitering.
No tampering with equipment or utilities, water, electric, etc.
All accidents (vehicle or personal) must be reported immediately to transfer station office.
Be courteous and respectful at all times. No hazardous material or chemicals are allowed. Listed below are known products that
A. The regular operating hours of the facility are from 7 :OO a.m. to 4:OO p.m. daily Monday through Friday, closed on Saturday and Sunday. The facility will be closed on the following Holidays: New Year’s Day, Independence Day, Thanksgiving Day, the following Friday, and Christmas Day. If any of these holidays fall on a Saturday, Sunday or Monday, that the transfer station will observe that holiday on the preceding Friday.
B. The Transfer Station may extend its operating hours andlor open on a weekend should there be a scheduled cleanup within its service area.
C. The Transfer Station may extend its operating hours and/or open on a weekend should there be a disaster such as flooding, tornado or major fire, etc., within its service area.
(I) RATES
BASE RATE .................................... $33.58 per ton LANDFILL CHARGES.. ............ ..$53.30 per ton
TOTAL CHARGE ...................... $86.88 per ton
(I) Indicates Increase
21
Tygarts Valley Transfer, Inc. Balance Sheet Year Ended December 3 1.201 9
Current Assets: Cash Reserve and Checking Account Accounts Receivable Cash on Hand Total Current Assets
Lone Term Assets Buildings Furniture and Equipment Machinery and Equipment Trailers Transportation Equipment Accumulated Depreciation
Total Long-Term Assets
Other Assets Stock Subscriptions
Total Assets
Current Liabilities: Accounts Payable
Notes Payable 1142 Notes Payable 8463 Payroll Related Liabilities
Per Books Adjusted Vision (Eight Months) Annualized Going Level Vision
Going Level Adjustment
To Annualize Test Year Vision Insumce
(1 0) Fuel Expense Adjustment
Per Books Adjusted Fuel Expense
Gallons of Highway Diesel Current Average WV Price Per Gallon (A) Going Level Highway Fuel
Gallons of Off Raod Diesel Current Average W Price Per Gallon (B) Going Level Off Road Diesel
Going Level Fuel Expense
Going Level Adjustment
To Adjust Test Year Gallons to Current Diesel Prices
(1 1) Legal Fee Adjustment
Statement G Page 3 of 5
Increase (Decrease)
27 1
54 1 812
27 1
71
141 212
71
(12,102)
90,464
28,343 2.40
68,023
4,308 2.40
10,339
78,362
(1 2,102)
2,222
Rate Case Legal Fees 6,667
Rate Case Legal Fees Aortized over a 3 year Period 2,222
Per Books Adjusted Legal Fees Going Level Legal Fees
Going Level Adjustment
0 2.222
2,222
This Adjustment is made to Amortize an Expense Incurred by TVT, but is not incurred every year. Therefore, TVT will recover this expense over a period of three years and not 100% of the cost every year from the end of this rate case until the filing of it next rate case.
25
Tygarts Valley Transfer, Inc. Details of Adjustments Year Ended December 31,2019
Adjustment Number
(1 2) Depreciation Expense
Per Books Adjusted Depreciation Expense Going Level Depreciation Expense
Going Level Adjustment
Going Level Adjustments
Adjustment for Going Level Depreciation
(1 3) Interest Expense
Per Books Adjusted Interest Expense Going Level Interest Expense
Going Level Adjustment
Increase in in Interest Expense due to Financing Purchases of Software and Vehicle
(14) Per Books Adjusted Loss on Sale of Asset Going Level Loss on Sale of Asset
Going Level Adjustment
Removal of non-reoccurring expense
(1 5) Management Fee
Management Fee Per Books Adjusted Management Fee Going Level
Going Level Adjustment
66,809 85,831
19,022
Statement G Page 4 of 5
Increase (Decrease)
19,022
8,332
8,343 16,675
8,332
228,600 235.486
6,886
(5,432)
6,886
To adjust for Going Level Increases
26
Tygarts Valley Transfer, Inc. Details of Adjustments Year Ended December 31,2019
Revenue Category I
Adjustment Number
Pro Forma Going Level Difference $ $ $
(16) Pro Forma Revenue
Total Determinants (all customers) Landfill Fess Increase in Rate durine the Pendencv
Pro Forma Adjustments
783,254 631,398 151,855 1,084,681 1,084,681 0
132.445 132.445 0
Total I 2,000,380 I 1,848,524 I 151,855
Statement G Page 5 of 5
Increase (Decrease)
15 1,855
Tygarts Valley Transfer, Inc. Cash Flow Analysis Year Ended December 31,2019
Available Cash Operating Revenues Other Income
Total Available Cash
Cash Required Operating Expenses Taxes Other Than Income Tax State Income Tax Federal Income Tax
Total Cash Required Before Debt Service
Cash Available for Debt Service (A)
Debt Service Requirements Interest Principal Retirement