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Recyclable-products market remains slow

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New acceptance of hazardous household material continues to draw users’ favorable comments

By KEVIN KOELLING

Managing Editor

TELL CITY – Revenues for recyclable materials delivered to the Perry County Recycling Management District have been slow all year, Executive Director Ken Smith reported at a regular meeting of the district’s board of directors Sept. 27.

 

In what has become a continuing topic in recent meetings, district accountant Jerry Hoagland reported that reserve funds will have to be tapped as the end of the year draws closer. It’s a normal practice, he said at an August meeting. Revenues from selling recyclable materials pay for much of the district’s operating cost not covered by a $32 annual fee charged to residents. Much of that recyclables revenue is moved into a money-market account, Smith explained then, with the annual fees covering routine expenses for the bulk of the year.

Hoagland said monthly expenses run from $30,000 to $31,000 and between $70,000 and $90,000 will have to be paid from the reserve funds by the end of the year. 

“The markets haven’t gone up,” Smith said at the September meeting, “but we’re selling more.” He had been holding some materials in hopes of price increases, “We decided to quit waiting. The markets aren’t going to get any better. We’re selling.”

Smith reported he had offered to provide recycling-materials receptacles to officials preparing for the 175th anniversary of Cannelton’s founding, for which celebration activities are under way this week. He also said he was awaiting a vendor to pick up household hazardous wastes, which the district recently began accepting. As he has previously, he said the new program has been welcomed, with people telling him it has been needed for a long time.

“We’ve got two boxes of latex paint and one box of oil-based paint ready,” he said.

In addition to the substances previously taken at the Cannelton and Branchville sites, the district now accepts – at the Cannelton site only – paint and paint thinners, insecticides, poisons, cleaning products and pool and household chemicals. 

Like the products previously accepted, the added materials are accepted for free.