Town of Plattsburgh Street Light 2012 Proposal Sold to Municipalities starting in 1950 Extra Energy was in the grid during off peak hours. NYSE&G began renting Street Lights to municipalities to use some of that energy, and of course make money off energy that was already made. For over 60 years we have continued on this course, renting equipment, and buying energy. Rental of Equipment costs the Town of Plattsburgh $93,000 in 2012. $13,215 in Street Lighting costs were paid for out of General Fund for intersections not in a lighting district. 105 Street Lights were paid for by General Funds. Residents in a Street Light District paid twice for these 105 Street Lights. Average Tax Rate 0.6 0.5 0.4887 0.466 0.4409 0.4388 0.3851 0.4 0.3682 0.3431 0.3308 0.3182 0.3 0.2495 0.2396 0.2 0.1 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 No Preventive Maintenance with NYSE&G Bottom of the “Food Chain” Town currently owns part of the Street Light Inventory. Town Staff is already Trained Faster response and repair time. CHEAPER $100,000 Plus Interest on Ban Per year for 4 Years Equipment Buyout (4 Years) $18,200 Electrical Disconnects (One Time Cost) $50,000 Used 45’ Bucket Truck (Used should last 10 years) Pole Connection Fee $10,612 (Annual) Electricity $23,105 (Annual) Maintenance Equipment $25,000 (Annual) Insurance $5183.20 (Annual) Return To General Fund $30,000 (Annual) Salary and benefits for employees maintaining Street Lights. 300000 270120 2013 250000 200000 2014 201845 201887 202032 2015 2016 2017 150000 100000 112473 115347 109736 107130 104647 102283 2018 2019 2020 2021 50000 2022 0 Yearly Cost Light Fixture $300 Photo Eye $6 Lamp $12 Disconnect $15 Misc. Hardware $25 Aluminum Arm (Avg.) $314 ($150 - $512) Labor (Town Employees)$270 Total Cost $942 450000 400000 350000 386598 352758 327789 300000 250000 200000 150000 100000 387419 267893 207041 204720 386419 162607 145356 121957 82957 50000 0 Cash Surplus 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 384655 385985 Visit 12.5% of street lights per year Change lamp, and clean the lens Check photo cell and ballast Cleaning the lens improve light 20% Cost for lamps each year Approx. $2000 Preventive maintenance will mean fewer outages and fewer service calls Time to complete work – 2 men, 3 weeks per year Only 8 ½ Percent of property in the Town is not currently in a lighting District 103 Million in property not currently in a lighting district but should be 6 Million in property owned by NYSE&G not currently in a lighting district 2013 Total assessed value is 1.4 Billion In projecting tax rates we have projected 15 million in growth each year In the past 10 years the Town has grown at an average rate of 34 million per year Chart Title 0.3 0.25 0.2396 0.2 0.15 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.1 0.08 0.08 0.075 0.075 0.05 0 Cash Surplus 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Shouldn’t we all share the cost!