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Op4u,N• C <br /> r. ? P.O.BOX 1810-1810 E.HAZELTON AVENUE <br /> THOMAS M. GAU STOCKTON,CALIFORNIA 95201 <br /> DIRECTOR d (209)468-3000 FAX(209)468-2999 <br /> c'<FOi www.sjgov.org/pubworks <br /> FRITZ BUCHMAN <br /> DEPUTY DIRECTOR <br /> MICHAEL SELLING worldn for YOU <br /> DEPUTY DIRECTOR <br /> ROGER JANES <br /> BUSINESS ADMINISTRATOR <br /> September 21, 2012 <br /> Ms. Elizabeth Castaneda, Research Analyst <br /> California Department of Resources Recycling and Recovery <br /> Waste Management-Financial Assurance Section <br /> 1001 "1" Street <br /> Sacramento, California 95812-4025 <br /> SUBJECT: FINANCIAL ASSURANCE DEMONSTRATION FOR CLOSURE, POSTCLOSURE <br /> MAINTENANCE, CORRECTIVE ACTION AND OPERATING LIABILITY FOR FOOTHILL <br /> SANITARY LANDFILL, FACILITY NO. 39-AA-0004 <br /> Dear Ms. Castaneda: <br /> Enclosed, please find San Joaquin County's documentation of financial assurance and sufficiency of <br /> funds for financial reporting year 2011-2012 in accordance with Title 27 California Code of Regulations <br /> Chapter 6 for Foothill Sanitary Landfill (FSL). <br /> We are pleased to report that FSL's closure fund is adequately funded for the current reporting period. In <br /> fact, FSL's closure fund balance is more than three times the minimum required. Because of these <br /> excess funds, no deposits will be made until the closure fund balance nears the required minimum. <br /> CLOSURE <br /> • Total Permitted Capacity of FSL: 129.8 million Cubic Yards (CY) <br /> (Revised JTD July 2010) <br /> • Closure Cost Estimate: $27,483,190 (2012 dollars) <br /> • Annual Capacity Filled: 374,928 CY <br /> • Cumulative Capacity Filled: 13,796,784 CY (Through 7-31-12) <br /> • Remaining Capacity: 116,003,216 CY <br /> • Remaining Closure Cost: $24,101,460 (2012 dollars) <br /> ®. Required Minimum Deposit (2011-12) $77,897.12 <br /> Minimum Fund Balance Required: $1,006,403.58 <br /> Actual Closure Fund Balance: $3,381,729.86 <br /> (Verification by County Auditor-Controller attached) <br /> Excess Funding Factor: 3.36 <br />