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Financing Financing Workgroup Workgroup Presentation Presentation Meeting Sept. 26-27 Meeting Sept. 26-27 Portland, OR Portland, OR

Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

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Page 1: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

FinancingFinancing WorkgroupWorkgroup

Presentation Presentation

Meeting Sept. 26-27 Meeting Sept. 26-27

Portland, ORPortland, OR

Page 2: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

September 26-27, 2005 Product Stewardship Institute

Portland OR meeting 2

Workgroup MembersWorkgroup Members

Heidi Sanborn, FacilitatorHeidi Sanborn, Facilitator Scott Cassel, PSIScott Cassel, PSI Dave Darling, NPCADave Darling, NPCA Lesli Daniels, Sonoma County CA Lesli Daniels, Sonoma County CA Shirley Willd-Wagner, CIWMBShirley Willd-Wagner, CIWMB Leslie Wilson, SWMCB, MNLeslie Wilson, SWMCB, MN Maybe you????Maybe you????

Page 3: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

September 26-27, 2005 Product Stewardship Institute

Portland OR meeting 3

The MOU States….The MOU States…. This project This project will prepare PPSI will prepare PPSI

participants for future discussions on participants for future discussions on financing related to the development financing related to the development of a nationally coordinated paint of a nationally coordinated paint management systemmanagement system. The PSI team, with . The PSI team, with support from PPSI participants, will research support from PPSI participants, will research transitional and long-term financing models transitional and long-term financing models and evaluate their potential application in and evaluate their potential application in the financing discussions that will resume the financing discussions that will resume October 1, 2006.October 1, 2006.

Total Cost: $36,720 Funded: $27,316Total Cost: $36,720 Funded: $27,316

Page 4: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

September 26-27, 2005 Product Stewardship Institute

Portland OR meeting 4

Project Funding to Date…Project Funding to Date…

Sonoma County, CA $4,000Sonoma County, CA $4,000 City/County San Francisco $5,000City/County San Francisco $5,000 Santa Clara County, CASanta Clara County, CA $5,000 $5,000 Iowa Dept. of Env. Quality Iowa Dept. of Env. Quality $13,316$13,316

TotalTotal$27,316$27,316

UnfundedUnfunded $ 9,404$ 9,404

Possible CIWMB funds???Possible CIWMB funds???

Page 5: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

September 26-27, 2005 Product Stewardship Institute

Portland OR meeting 5

Workgroup GoalsWorkgroup Goals

Prepare for a discussion on how to Prepare for a discussion on how to finance projects by:finance projects by: Conducting research on financing Conducting research on financing

optionsoptions Prepare a list of options and a Prepare a list of options and a

recommendation for a fair funding recommendation for a fair funding scenario for a future nationally scenario for a future nationally coordinated paint management systemcoordinated paint management system

Page 6: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

September 26-27, 2005 Product Stewardship Institute

Portland OR meeting 6

Research Financing OptionsResearch Financing Options

Research the possible options for a Research the possible options for a national financing strategy should it national financing strategy should it be neededbe needed

Develop pros and cons for optionsDevelop pros and cons for options Develop recommendations on model Develop recommendations on model

financing strategies that may be financing strategies that may be starting point for discussions to starting point for discussions to resume October 1, 2006.resume October 1, 2006.

Page 7: Financing Workgroup Presentation Meeting Sept. 26-27 Portland, OR

September 26-27, 2005 Product Stewardship Institute

Portland OR meeting 7

Next Steps….Next Steps….

Identify Workgroup Members.Identify Workgroup Members. Set expectations for Workgroup.Set expectations for Workgroup. Complete Workgroup budget with Complete Workgroup budget with

additional funding.additional funding. Identify work already being done on Identify work already being done on

TPOs and funding options.TPOs and funding options. Convene Workgroup in October 2005.Convene Workgroup in October 2005. Begin research.Begin research.