Savings Taxes Debt QA6

Q: It was quoted that approximately $200,000 in taxpayer costs will be reduced because we are closing 2 schools, however, Center School will be re-purposed, and thus still be a tax payer expense. Where is this $200,000 taxpayer savings coming from? 10-27

A: The net energy savings with the new school proposal are conservatively estimated to be $200K. This is the difference between the current cost of operating CES and HHES and the projected cost to operate the new school ($250K), minus the amount to keep CES operating in an idle state. This has been estimated at $30K annually, which we have increased to $50K to remain conservative and to add a contingency. This annual cost includes:

Heating                             $10,000

Electric                              $5,000

Water testing                     $2,800

Water system operator      $4,000

Alarm testing                    $2,125

Alarm monitoring             $2,000

Pest Control                      $875

Asbestos monitoring         $1,000

Fire pump inspection        $675

Emergency lighting           $1,25

Total                                 $29,725

Return to FAQ List