Covington to consider levy


Utilities aggregation programs on the ballot

By Sam Wildow - swildow@aimmedianetwork.com



What the costs of the potential 2.5-mill tax levy would look like to homeowners:

• A resident with a home valued at $50,000 will pay $21.88 every six months or 12 cents a day

• A resident with a home valued at $75,000 will pay $32.82 every six months or 18 cents a day

• A resident with a home valued at $100,000 will pay $43.75 every six months or 24 cents a day

COVINGTON — Covington residents will be voting on a couple of issues this election, one with the goal of raising funds for Covington Fire and Rescue, and the other one focusing on helping residents save money on utility bills.

In July, Covington Council unanimously approved allowing residents to vote on a 2.5-mill tax levy that would provide a dedicated revenue stream solely for the village’s fire and emergency medical services (EMS). The levy would be for five years. According to the council’s resolution, the county auditor certified that the total current tax valuation of the village is $39,738,600. The levy would generate approximately $99,346 annually if the current tax valuation stays the same.

The village currently funds its fire and EMS services through its general fund. Village Administrator Mike Busse previously explained that revenue streams to the general fund have gone down since the elimination of local government funds from the state and the elimination of inheritance taxes.

Covington Fire and Rescue is also going to 24-hour staffing. With staff being on station, the response time is around two minutes and 12 seconds. With volunteers responding from their homes, the response time is around six minutes and 11 seconds. Volunteers are currently putting in around 60 hours per week for Covington Fire and Rescue, mostly in the evenings and overnight.

Covington Fire and Rescue also has some aging equipment in need of replacing, including a 20-year-old ambulance. The other ambulance is seven years old, and the village wants to begin setting aside funds for its replacement. Fire equipment, such as the replacement of gear, hoses, and other equipment, is also an annual and ongoing expense to the village.

This issue is not unique to Covington. The city of Piqua faced the same issue November 2014, when they passed a safety services levy, which was an income tax increase of 0.25 percent, with the funds going solely to Piqua’s police and fire departments.

Covington and Newberry Township residents will also be voting on participating in electric and gas aggregation programs.

The aggregation programs will allow the village of Covington and the unincorporated Newberry Township to come together to negotiate for electric and gas rates as a community instead of doing so as an individual. The residents will be grouped together with a dozen other communities to increase their buying power.

AGE is the consultant and broker for the village of Covington and the unincorporated areas of Newberry Township’s possible aggregation programs.

Residents will not be required to take part in the aggregation programs. They will have the option to opt out of the program or opt back in with no fees that AGE would charge.

The electric and/or gas rates would be negotiated for a term of two or three years. The rates that AGE would negotiate for the village through this aggregation program would be fixed for that period of time and would not increase or decrease with the changes in the market.

If residents decide to participate, their bills will also continue to come in the same format now, such as through DP&L for electric bills. Budget billing will also still be available.

https://www.dailycall.com/wp-content/uploads/sites/30/2016/10/web1_Electionlogo-5.jpg
Utilities aggregation programs on the ballot

By Sam Wildow

swildow@aimmedianetwork.com

What the costs of the potential 2.5-mill tax levy would look like to homeowners:

• A resident with a home valued at $50,000 will pay $21.88 every six months or 12 cents a day

• A resident with a home valued at $75,000 will pay $32.82 every six months or 18 cents a day

• A resident with a home valued at $100,000 will pay $43.75 every six months or 24 cents a day

Reach Sam Wildow at swildow@aimmedianetwork.com or (937) 451-3336

Reach Sam Wildow at swildow@aimmedianetwork.com or (937) 451-3336