R.I. RESOURCE RECOVERY SHARES PROFITS
WITH MUNICIPALITIES AT CEREMONY
Sizable checks are proof that recycling pays
JOHNSTON, R.I. (August 24, 2011) – Municipal officials were all smiles at an early morning ceremony at Rhode Island Resource Recovery Corporation (RIRRC) headquarters at the Central Landfill today. Michael OConnell, RIRRC executive director, distributed $1,866,562 to the 39 R.I. cities and towns for profits realized from the sale of recyclables.
“We are delighted to announce that the profit-sharing checks are about triple in size compared with last year,” said OConnell. “The recycling markets performed very well in 2010 and early 2011, which translates to more dollars that RIRRC can share among our municipal partners. Better still, the improved performance by the municipalities helped to prolong the life of the Central Landfill and divert valuable recyclables from being buried there.”
He continued, “Next year, RIRRC will allow a greater variety of plastics to be recycled. While we can’t predict how the markets will perform next year, we do know the changes in our statewide program will give the municipalities the ability to deliver more material, and thus be able to increase their share of the profits.”
OConnell reminded the audience of 90 this is the last year that municipalities will be allowed to spend the profit-sharing funds as they wish. Starting in FY12, the recycling profit-sharing monies must be earmarked for recycling efforts.
“With the new recycling rules just months away, this is a perfect time to earmark these funds toward educational efforts to further boost recycling participation and volume,” he said.
DISTRIBUTION OF RIRRC FY 11 PROFIT-SHARING
|
Municipality
|
Share of Profit
|
Tons Delivered in FY11
|
|
Barrington
Bristol
|
$ 44,106.99
$ 29,467.89
|
2,186
1,460
|
|
|
Burrillville
Central Falls
Charlestown
Coventry
Cranston
Cumberland
East Greenwich
East Providence
Exeter
Foster
Glocester
Jamestown
Johnston
Lincoln
Little Compton
Middletown
New Shoreham
Newport
North Kingstown
North Providence
North Smithfield
Pawtucket
Portsmouth
Providence
Richmond
Scituate
Smithfield
South Kingstown & Narragansett1
Tiverton
Warren
Warwick
West Greenwich
West Warwick
Westerly & Hopkinton2
Woonsocket
|
$ 28,619.95
$ 23,343.25
$ 6,908.19
$ 75,217.67
$146,939.27
$ 62,240.94
$ 34,254.22
$ 86,526.57
$ 13,000.13
$ 11,302.85
$ 26,734.39
$ 15,095.35
$ 46,085.17
$ 40,297.33
$ 10,531.60
$ 31,658.55
$ 11,835.58
$ 44,768.67
$ 63,838.95
$ 52,961.48
$ 28,498.07
$ 99,816.48
$ 41,086.54
$205,717.04
$ 12,271.26
$ 24,747.53
$ 41,465.31
$ 74,925.88
$ 38,016.66
$ 25,290.76
$190,868.48
$ 6,962.07
$ 52,917.89
$ 58,171.38
$ 60,071.67
|
1,418
1,157
342
3,727
7,282
3,084
1,697
4,288
644
560
1,325
748
2,284
1,997
522
1,569
587
2,219
3,164
2,625
1,412
4,946
2,036
10,194
608
1,226
2,055
3,713
1,884
1,253
9,459
345
2,622
2,883
2,977
|
|
|
Average/Total
|
$1,866,562.00
|
92,499
|
1South Kingstown and Narragansett share a recycling facility and divide their profit-sharing on an agreed-upon percentage.
2Westerly & Hopkinton share a recycling facility.
Shares are determined by the amount of recycled tonnage trucked to the Materials Recycling Facility in Johnston during fiscal year ending June 30, 2011. Cumulatively, the cities and towns delivered 92,499 tons of recycling to RIRRC.
All recycling commodities except glass experienced a strong year with very few seasonal dips. Last year, the average value of recyclables collected in Rhode Island was $20 per ton, compared with $7.80 per ton in FY10.
Located in Johnston, R.I., Rhode Island Resource Recovery Corporation is the quasi-state environmental agency that manages nearly all of the state’s municipal and commercial solid waste. RIRRC owns and operates a materials recycling facility, which processes more than 92,000 tons of recyclables annually, and the Central Landfill, which disposes approximately 750,000 tons of solid waste annually.