Economic Impact Report · 10 min read · DOC 03 OF 06

What this document is

The State A / State B economic model for Alachua County, with the two payment flows kept separate and the capital comparison stated explicitly.

Three things this document says
  1. State A is not stable. The gate rate steps 56.7% in 2029 and rises further across the five years after that, and the County still carries transfer-station operation and a 40-mile haul on top.
  2. State B at Phase Initial: $14.60M a year in Beneficiation Fee, against $17.52M a year in Circular Royalty™ from Year 2 — two independent gross flows, reported separately.
  3. Zero County capital at every phase, against a Balu Forest programme that needs at least five years and is funded by the County.
Carbotura · Circular Advantage Program · Economic Impact Report

Alachua County
Economic Impact Report

The counterfactual is not today’s $30 a ton — it is $47 a ton from 2029, or a County-funded landfill at Balu Forest.

Document: Stage 1 Economic Impact Report Prepared for: Alachua County Board of County Commissioners Date: September 2026 Basis: State A = the County’s current transfer-and-haul system carried forward through the 2029 rate step. State B = Advanced Circular Manufacturing under a CSA at the $100/ton Beneficiation Fee floor. One basis throughout: accrual.

State A — the current system, carried forward

Alachua County operates a transfer-and-haul system. There is no active MSW landfill in the county. The residual is consolidated at Leveda Brown and hauled to Raiford, and the County carries three costs: transfer-station operation, transport, and the gate rate.

In FY2021 the County and its municipalities spent $13.8M in tipping fees to dispose of 246,000 tons — an all-in cost of roughly $56 a ton against a $30 gate. The non-gate component was therefore around $26 a ton.

The gate rate moves to $47 a ton in 2029. Holding the non-gate component flat, the County’s all-in cost lands near $73 a ton, before the further increases the agreement contemplates across the following five years.

State A is stated as the County’s own cost of its own system. It is not a Carbotura figure and is not adjusted.

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Deployment geography — State A against State B. Today the residual leaves Leveda Brown for the New River Regional Landfill in Raiford, about forty miles north-east. In State B it moves to the adjacent Eco Industrial Park site.

State B — Advanced Circular Manufacturing under a CSA

In State B the County delivers the same stream to a facility on the Eco Industrial Park site and pays a Beneficiation Fee of $100 a ton, escalating 2.5% a year. That is above the County’s State A cost in every year of the model, and this report does not present it otherwise.

Separately and independently, Carbotura pays the County a Circular Royalty™ on the same delivered tonnage, beginning 13 months after the first Beneficiation Fee payment, at 120% of that year’s fee and rising one percentage point a year, uncapped.

YearBeneficiation Fee ($/ton)Annual Beneficiation Fee ($M)Royalty multiplierCircular Royalty™ ($/ton)Annual Circular Royalty™ ($M)
Year 1 (pre-royalty)$100.00$14.60—$0.00$0.00
Year 1 (from Month 13)$100.00$14.60120%$120.00$17.52
Year 2$102.50$14.97121%$124.03$18.11
Year 5$110.38$16.12124%$136.87$19.98
Year 10$124.89$18.23129%$161.10$23.52
Year 20$159.87$23.34139%$222.21$32.44
Year 30$204.64$29.88149%$304.91$44.52
30-year gross—~$641M——~$874M

Phase Initial, 146,000 TPY. Accrual basis throughout: Year n carries Mₙ × BFₙ. The two columns are independent gross flows and are never netted. Figures ILLUSTRATIVE.

The capital comparison

The comparison that matters is not only per-ton. Every State A path requires the County to fund something.

PathCounty capitalLead timePer-ton trajectory
Renew the haul contractNone directlyImmediate$47/ton from 2029, rising further
Balu Forest — new County landfillCounty-fundedAt least 5 yearsCounty-controlled, County-financed
Advanced Circular Manufacturing$0 at every phase24 months to COD$100/ton fee; royalty from $120/ton, escalating

Carbotura’s Phase Initial is a $240M facility — $75M for the first module and $55M for each of three additional modules. That is Carbotura capital. The County commits none at any phase.

Employment and local economic impact

Phase Initial supports approximately 100 direct full-time roles at the facility, rising to roughly 150 at Phase Medium and 200 at Phase Expanded. These are manufacturing roles — process operation, maintenance, quality, logistics — not collection or disposal roles.

County officials have publicly projected that the Eco Industrial Park as a whole could support over 500 jobs across all tenants. Carbotura’s Phase Initial is one tenant within that.

Employment figures are ESTIMATED from the standard per-TPD baseline, not from a county economic study.

What could make this wrong

Stream composition. The residential/commercial/C&D/biosolids split is ESTIMATED. No published county characterisation study was located. A Waste Characterization Study during the Term Sheet phase is the control.

Phase Expanded sizing. 800 TPD exceeds the 714 TPD verified residual and assumes C&D capture and peak-day volume. It is shown for completeness and should not be read as contracted capacity.

The 2029 trajectory. The $47/ton figure is VERIFIED; the “further increases over the following five years” are described but not individually quantified in the sources reviewed, so State A beyond 2029 is directionally certain and numerically approximate.

Exogenesis™. Nothing about the Archer closed cells is quantified. It is a candidate, gated on a study.

Appendix A — Basis of presentation

All financial figures USD, ILLUSTRATIVE until Term Sheet execution. Beneficiation Fee $100/ton is a programme specification at the floor of the $100–150/ton range. Circular Royalty™ computed under the Release 31 formula: the multiplier applies to the current-year escalated Beneficiation Fee, not to a frozen Year-1 base. Accrual basis stated and kept throughout; no table mixes bases. Accounting standard: US GAAP / GASB. Tonnage VERIFIED from the County’s 2024 FDEP report. Gate rates and the 2028 expiry VERIFIED. FY2021 all-in cost VERIFIED as a historical figure; the current-year all-in is ESTIMATED and is not modelled.

Gross cost displacement is negative at the modelled fee and is not claimed anywhere in this report. The Beneficiation Fee and the Circular Royalty™ are independent transactions and appear only as separate gross lines.

Appendix B — Sources

  • Alachua County Solid Waste & Resource Recovery — Leveda Brown Environmental Park & Transfer Station
  • Alachua County 2024 FDEP solid waste management report
  • New River Solid Waste Association — disposal agreement terms as reported to the Board
  • Alachua County Eco Industrial Park — Request for Information, scope of work
  • Alachua County Board of County Commissioners — future landfill options discussion
  • WUFT, April 2026 — transfer-station throughput reporting
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Indicative reference only — not an offer. Pricing under a Circular Supply Agreement (CSA) or CMOA. All financial figures are Carbotura planning-basis estimates and are ILLUSTRATIVE until Term Sheet execution.