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Cape Gazette
Lewes, Delaware
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April 4, 1997     Cape Gazette
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April 4, 1997

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CAPE ZETYE, Friday, April 4- April 10, 1997 - 11 Audit shows Lewes utility board's Strong f'mancial picture By Dennis Forney On the heels of a financial audit showing operating incomes nearly double the previous year's, Lewes Board of Public Works now awaits results of an electric rate evaluation. Lewes Continued from page 1 growth and development upon our area is potentially enormous. On the one hand, we have more and more visitors coming to our beloved town and imposing on its services. characteristics which make Lewes so vi- brant and attrac- tive, and the reasons wh people come, are also the same reasons why we live and work here. Z'YGMONSKI Lewes is the quintessential Amer- ican small town where neighbors converse in their front yards and people nod and say hello on our" city streets. The challenge and task at hand is to somehow pre- serve that essential quality that we love and cherish about Lewes while also looking ahead to our future. That evaluation could restilt in a decrease in the charge for electric- ity for residential, commercial and industrial customers. The financial audit of the Board of Public Works overall opera- tions - including electricity, water and sewer - for the year ending Sept. 30, 1996, showed $726,502 net income from all operations. That compares to net income from operations the previous year of $394,327. "Most of that increase resulted from last year's real cold winter when we had all that snow," said Glenn Barlow, who audited the BPW 'books. 'q'he Board of Pub- lic Works sold significantly more electricity than usual as a result of that cold and that meant increased revenues. And because of new arrangements with a buying coop- erative and Delmarva Power and Light which brought cheaper wholesale rates to Lewes, the net income was higher," said Barlow. "Lewes also receives over $100,000 a year from Delmarva Power and Light for keeping its generators ready to go on line at any time that electricity demands need a boost. The Board didn't adjust rates immediately when it began receiving better wholesale rates because BPW members wanted to see how the current sit- uation plays out. And that's why they've commissioned Downes Associates of Salisbury to evalu- ate the rates." Interest income up Barlow also noted that in addi- tion to operation income increas- ing in FY96, interest income from banked cash reserves also in- Continued on page 15 A University of Delaware grad- uate, Zygmonski has served on the town,s Open Space Subcommit- tee, Long Range Planning Com- mittee, the citizen's ad hoe design committee relating to the DeBraak property, the staff development committee for Cape Henlopen School District's strategic plan, 1993-1998; and has been a Lewes Little League coach and umpire, and a volunteer in the Shields Ele- mentary Computer Drive. Sheehan, 74, lives on Pilottown Rd. She retired a number of years ago after publishing Beachweek magazine for several years. Cleaver, 70, and Ip- polite, 43, filed for the election earli- er this year. Retired from a career in golf course management, SHEEHAN Cleaver lives on Mulberry Street and is seeking his second two-year term. Ippoli- to, a professional artist who lives on Savannah Road, is making his second run for a first term. Lewes residents wishing to vote in the May 10 election must be registered. Registration books will be open until Friday, April 25 at 4 p.m. Residents can call 645- 7777 to determine whether they're currently registered. As of filing deadline, a few more than 1,050 voters were reg- istered for the election. Roomy, Lakefront Courtyards Newly-designed, Garaged Villas Take Control of Your Life! I I Select a New Home in Elegant, Affordable Plantations Located in Lewes, Del. and within minutes of the ocean, when you select a home at Plantations, you know you've taken charge of your life. You have decided to move into the one location that parallels your lifestyle. Selections are abundant: Single-family homes, Villas with garages and gas heat, Carriage Homes with garages where you own the land, Courtyards on the water. All built by Country Life Homes, the only Diamond Builder Award winner in Delaware. Call or come by Plantations to see for yourself. We're open 9 to 5 daily. Prices start at just $99.500. THE PERFECT PLACE 1600 Pennsylvania Avenue, Lewes, Delaware 19958 Call us at 302/645-2727 or 800/777-1530, Fax us at 302/645-1984 From Route 1, turn west at Midway Shopping Center traffic light onto Postal Lane, then right on 275. @