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How is the Regulating District funded?
As a public benefit corporation of the State of New York, the
Regulating District has three main revenue sources:
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Hydroelectric Generating
Station at the Conklingville Dam
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- Statutory Beneficiaries (Hudson River and Black River
Areas): In accordance with the Regulating District's enabling
statute (Article 15
Title 21 of the Environmental Conservation Law), the
Regulating District annually assesses its operation and
maintenance expenses, including property taxes, amongst
certain statutorily-defined beneficiaries, including various
hydroelectric power generators, industrial operators and
municipalities.
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- Hydroelectric Site Agreements (Hudson River and Black
River Areas): The Regulating District receives revenues from
hydroelectric site agreements that grant certain hydroelectric
generators the right to use State-owned land, head and/or
water rights for the production of hydroelectric power. The
Regulating District is presently a party to two such
agreements; one at the Conklingville Dam in the Hudson River
Area and the other at the Stillwater Dam in the Black River
Area.
- Great Sacandaga Lake Permit Fees (Hudson
River Area only): The Regulating District collects an access
permit fee for use of a portion of the State-owned buffer zone
encompassing the Great Sacandaga Lake.
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While the Black River and Hudson River Regulating Districts were
consolidated in 1959, in accordance with its enabling statute, the
costs of operating the two individual watersheds remain separate.
The costs to operate the Hudson River Area are funded by the Hudson
River Area Statutory Beneficiaries, a Hydroelectric Site Agreement
for the E.J. West Hydroelectric Project located at the
Conklingville Dam, and the Great Sacandaga Lake Permit Fees. The
costs to operate the Black River Area are funded by the Black River
Area Statutory Beneficiaries and a Hydroelectric Site Agreement for
the Stillwater Hydroelectric Project located at the Stillwater Dam.
Regulating District
Revenues
July 1, 2006 - June 30, 2009 Budget
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