Item 5b: Staff Response - Historical Audited Financials and Participants 1996 - June 2015 AE Weatherization Program — original pdf

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Austin Energy Low Income Weatherization – Costs and Participation 1996-2015 1Averages based on audited yearly values and additional grant funding for contract years 2008-2009 and 2010-2012 2A total of 17,160 homes have been weatherized since 1982. The 2013-2014 CES Annual Progress Report references totals for FY 1996-2008 displayed as FY 1982-2008 3 A grant was received in FY2008 to replace refrigerators for low income residences that are a part of the COA Housing Authority. In FY 2009, a grant was received to install CFLs, Window A/C units, dishwashers, washing machines and refrigerators. In FY2002-2012 the ARRA grant was received for low income weatherization 4During FY2013 a new contract format was initiated with AE working in conjunction with the Construction Management department. Due to extended administrative time it took to implement this new format, a delay in weatherizing homes occurred. 5Values posted on the green line are for the number of homes weatherized 6Based upon a $1400 per home pricing established in 1995 as a baseline along with the Calculated Compound Annual Growth Rate (CAGR), the cost per home goal would be $2,527 in current dollars. 2015 price per home average is $4,003. AE is removing duct replacement and extensive structural home repair to meet the cost per home baseline of $2,527 72015 values will include costs incurred for AWU reimbursement of water related improvements, unvouchered AP transactions and Refrigerator Recycling costs. These values may change after final financial audited values are confirmed and may not be reflected in the weekly report generated by the department for the weatherization program 19961997199819992000200120022003200420052006200720082009201020112012201320142015(Unaudited)Grant Funds (ARRA & Energy Star)$119,984$258,283$881,529$5,269,995$3,452,135CBC - Cap Fund Money Spent$75,728$1,374,646$1,593,854CBC - AEWX Money Spent (Audited)$1,216,728$1,033,044$698,284$752,359$807,844$877,559$1,114,932$735,003$668,690$762,192$785,392$220,532$658,207$744,238$488,213$6,291$567,662$233,139$729,547$531,634Homes Weatherized8267856656267607138626675654557206325055384561,044958155312531Avg Cost per Home$1,473$1,316$1,050$1,202$1,063$1,231$1,293$1,102$1,184$1,675$1,091$349$1,541$1,863$3,004$5,054$4,196$1,993$6,744$4,003 826 785 665 626 760 713 862 667 565 455 720 632 505 538 456 1,044 958 155 312 531 $1$10$100$1,000$10,000 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000Avg Cost per Home Dollars Spent