The Waitaki Resource Recovery Trust is determined to turn
around a loss in its operations, at the same time reducing its
reliance on money from the Waitaki District Council.
The trust reported a $20,323 loss in the 2011-12 financial
year - its latest report - based on income of $494,058 and
expenses of $791,295, compared to a profit of $51,296 in the
previous financial year.
But trust chairman Neville Langrish said the organisation,
which runs the Waitaki Resource Recovery Park in Chelmer St
and other community projects, was in a sound financial
Trust manager Marian Shore outlined the result to the
council's committee of the whole meeting earlier this month
and said the loss was due to various factors, but at the same
time had been reduced by reducing expenses.
Affecting the result was low commodity prices for
recycleables, reducing its reliance on grants and the loss to
national organisations of some clients, which the trust was
trying to get back.
For example, the trust received $220,000 a year from the
council for services provided but had voluntarily reduced
that. Grants and income were down $54,528.
Mr Langrish said the trust was aware that there was still
considerable resource going into the Oamaru landfill that
could be recycled.
In the 2011-12 financial year, the trust had diverted 2467
tonnes of material from the landfill through its recycling
''The challenge for management and trustees is to educate
both individuals and businesses of the benefits of recycling
and cost saving they can achieve.''
Mr Langrish acknowledged that would not be easy, but the
trust was determined to strengthen its business.
In addition to providing the resource recovery park, the
trust had also implemented community programmes, including
assisting at-risk people, which had won the praise of groups
and organisations in Oamaru.