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Referenda information for 2023-24 forward is reported by school districts through the Wisconsin School Finance Portal (WiSFiP). Upcoming referenda and referenda results are posted on DPI's Referenda Information page.
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Greendale (2296)

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Financial Data Home  |  Custom Resolution Reports  |  Debt Issues 

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IDVote Date  Amount  TypeYesNoResultPerformance Clause

4298


06/12/2017


2017-2018   $190,455    
2018-2019   $187,500    
2019-2020   $184,200    
2020-2021   $185,850    
2021-2022   $187,400    
2022-2023   $183,025    
2023-2024   $182,700    
Total:    $1,301,130    


    RS - 2017


    


    


Passed    


    Has Performance Clause


Brief Description: Replace interior lighting throughout the district with energy efficient LED lighting.

Actual Wording: Be it resolved that the School Board of the Greendale School District is exercising its taxing authority under s. 121.91 (4) (o), Wis. Stats., on or before October 1st, to exceed the revenue limit on a nonrecurring basis by an amount the District will spend on principal and interest payments for debt issued for new energy efficiency measures and energy efficiency products for the 201718 school year. The projects are financed with $1,230,000 G.O. Promissory Notes dated June 26, 2017 for a term of 7 years. The amounts to be expended are shown below. Levy Year Year Due Amount 2017 2018 $190,455 2018 2019 $187,500 2019 2020 $184,200 2020 2021 $185,850 2021 2022 $187,400 2022 2023 $183,025 2023 2024 $182,700 After review of the recommendations report per s. 66.0133 (2) (b), Stats., the District has determined that the $1,301,130 it would spend on energy efficiency projects recommended in the report is not likely to exceed the amount to be saved in annual utility costs of $80,736 and nonutility costs of $15,075 over the remaining 50year useful life of the facility to which the measures apply. The Board has entered into a performance contract with an expected term of 13.6 years (the anticipated length for the performance guaranty that adjusts based upon actual savings) under s. 66.0133, Stats., with Energy Performance Lighting for a project to implement the following energy efficiency measures or to purchase energy efficiency products. The Board has also identified the following cost recovery performance indicators to measure energy savings and/or operational savings for each measure or product, including the timeline for cost recovery: Please See Attached Cost/Savings Analysis The Board shall annually perform an evaluation of the performance indicators and shall report to the electorate as an addendum in the required published budget summary document per s. 65.90, Wis. Stats., and in the school district's newsletter or in the published minutes of the school board meeting. The Board shall use this evaluation to determine the amount of energy or utility cost savings, as a result of the project, that shall be applied to retire the debt.

 
 
 
IDVote DateAmountTypeYesNoResultPerformance Clause

3697


10/26/2015


2015-2016   $413,000    
2016-2017   $416,000    
2017-2018   $413,850    
2018-2019   $411,600    
2019-2020   $414,200    
2020-2021   $411,650    
2021-2022   $413,950    
2022-2023   $411,100    
2023-2024   $411,075    
Total:    $3,716,425    


    RS - 2015


    


    


Passed    


    Has Performance Clause


Brief Description: Exceed the revenue limit on a non-recurring basis by an amount the Greendale School District will spend on principal and interest payments for 9 years of debt payments for the term of the following issue: $3,800,000 G.O. Promissory Notes dated January 5, 2015.

Actual Wording: BE IT RESOLVED that the School Board of the Greendale School District (District) hereby exercises its authority under s. 121.91(4)(o), Wis. Stats., to exceed the revenue limit on a non-recurring basis by an amount the District will spend on principal and interest payments for 9 years of debt payments for the term of the following issue: $3,800,000 G.O. Promissory Notes dated January 5, 2015. The debt was issued for new energy efficiency measures and renewable energy efficiency products. The amount to be levied and expended for the debt issue is: Levy Year Payment Year 2015 Bonds P&I 2015 2016 $413,000 2016 2017 $416,000 2017 2018 $413,850 2018 2019 $411,600 2019 2020 $414,200 2020 2021 $411,650 2021 2022 $413,950 2022 2023 $411,100 2023 2024 $411,075 The board has identified the following required performance indicators that will measure the energy savings and/or energy cost avoidance in an amount equal to the exemption request and will include a timeline. After review of the recommendations report per 66.0133(2)(b) the district has determined that the $3,800,000 it would spend on energy efficiency projects recommended in the report is not likely to exceed the amount to be saved in utility costs of $88,302 and non-utility costs of $523,588 annually over the remaining 25 year useful life of the facility to which the measures apply. The board has entered into a 9 year performance contract under s. 66.0133, Stats., with Performance Services, Inc. for a project to implement the following energy efficiency measures or purchase energy efficiency products and identified the following cost recovery performance indicators to measure energy savings and/or operational savings for each including the timeline for cost recovery: The School Board has identified the following required performance indicators that will measure the energy savings and/or energy cost avoidance in an amount equal to the exemption request and will include a timeline: 1. Greendale High School – Temperature control system modifications, exterior lighting improvements and pool energy efficiency improvements (pool cover, UV light filter, variable frequency drive on the pool water pump) • Projected Cost: $393,436 • Performance Indicator: 524,975 Kilowatt-hour savings, 36,910 therms savings • Timeline: October 2015 – September 2016 • Consultant: Performance Services, Inc. • Projected Annual Energy Cost Savings: $57,739, Operational Cost Savings and Cost Avoidance Savings: $50,272 • Projected Payback Period: 3.5 Years 2. Greendale Middle School – HVAC system improvements, temperature control system modifications, exterior lighting improvements and domestic water system improvements (solar collector and high efficiency water heater) • Projected Cost: $2,074,164 • Performance Indicator: 146,767 Kilowatt-hour savings, 21,110 therms savings • Timeline: October 2015 – September 2016 • Consultant: Performance Services, Inc. • Projected Annual Energy Cost Savings: $22,499, Operational Cost Savings and Cost Avoidance Savings: $291,182 • Projected Payback Period: 6.6 Years 3. Canterbury Elementary School – Window replacement and exterior lighting improvements • Projected Cost: $260,076 • Performance Indicator: 3,109 therms savings • Timeline: October 2015 – September 2016 • Consultant: Performance Services, Inc. • Projected Annual Energy Cost Savings: $2,035, Operational Cost Savings and Cost Avoidance Savings: $37,974 • Projected Payback Period: 6.4 Years 4. College Park Elementary School – Window replacement and exterior lighting improvements • Projected Cost: $163,755 • Performance Indicator: 2,139 therms savings • Timeline: October 2015 – September 2016 • Consultant: Performance Service

 
 
 
IDVote DateAmountTypeYesNoResultPerformance Clause

3471


10/06/2014


$435,175    


    RS - 2014


5    


0    


Passed    


    Has Performance Clause


Brief Description: Resolution for Revenue Limit Exemption for Energy Efficiencies WHEREAS, Section 121.91(4)(o)1 of the Wisconsin Statutes provides that, upon the adoption by a school board of a resolution to do so, the revenue limit otherwise applicable to a school district under Section 121.91(2m) of the Wisconsin Statutes (the “Revenue Limit”) in any school year may be increased by the amount spent by the school district in that school year on a project to implement energy efficiency measures or to purchase energy efficiency products (an Energy Efficiency Project) including the payment of debt service on bonds or notes issued to finance an Energy Efficiency Project (“Qualified Debt Service Payments”), provided that the Energy Efficiency Project results in the avoidance of, or reduction in, energy costs or operational costs, (ii) the Energy Efficiency Project is governed by a performance contract entered into under Section 66.0133 of the Wisconsin Statutes, and (iii) the bonds or notes issued to finance the Energy Efficiency Project, if any, are issued for periods not exceeding twenty years; WHEREAS, the Greendale School District, Milwaukee County, Wisconsin (the “District”) has approved a performance contract under Section 66.0133 of the Wisconsin Statutes with Performance Services, Inc. (the “Performance Contract”); WHEREAS, the District has determined that, pursuant to Wis. Stats 66.0133(2)(c), the total cost of the performance contract is not likely to exceed the energy and operations savings achieved throughout the remaining useful life of the impacted facility; and WHEREAS, the District has elected to finance the costs of the Project with funds appropriated in its 2014-15 budget and/or proceeds of its Bond/Note Anticipation Notes to be issued in an amount not to exceed $3,800,000, which will have a maturity not exceeding twenty years.

Actual Wording: NOW, THEREFORE, BE IT RESOLVED by the School Board of the Greendale School District that: the Greendale School District is exercising its taxing authority under S. 121.91 (4) (o), Wis. Stats. to exceed the revenue limit on a non-recurring basis by an amount the District will spend on new energy efficiency measures and renewable energy products for the 2014-2015 school year. The amount to be levied and expended in calendar year 2015 is $ 435,175. The School Board has identified the following required performance indicators that will measure the energy savings and/or energy cost avoidance in an amount equal to the exemption request and will include a timeline: 1. Greendale High School – Control System Modifications, Pool Energy Efficiency Improvements and Exterior Lighting Replacement • Projected Cost: $488,122• Performance Indicator: Kilowatt-hour savings, KW Demand savings• Timeline: October 2014 – October, 2015• Consultant: Performance Services, Energy Control & Design• Projected Annual Cost Savings: $107,000• Projected Payback Period: 3.45 Years 2. Greendale Middle School – HVAC System Improvements, Domestic Hot Water Heater Replacement, Solar Hot Water System Installation and Exterior Lighting Replacement • Projected Cost: $2,558,371• Performance Indicator: Kilowatt-hour savings, KW Demand savings• Timeline: May – October, 2015• Consultant: Performance Services, Energy Control & Design• Projected Annual Cost Savings: $370,000• Projected Payback Period: 6.60 Years 3. Canterbury Elementary School – Single Pane Window Replacement• Projected Cost: $265,820• Performance Indicator: Kilowatt-hour savings, KW Demand savings• Timeline: June – August, 2015• Consultant: Performance Services, Energy Control & Design• Projected Annual Cost Savings: $40,009• Projected Payback Period: 6.64 Years 4. College Park Elementary School – Single Pane Window Replacement• Projected Cost: $141,888• Performance Indicator: Kilowatt-hour savings, KW Demand savings• Timeline: June – August, 2015• Consultant: Performance Services, Energy Control & Design• Projected Annual Cost Savings: $21,629• Projected Payback Period: 6.56 Years 5. Highland View Elementary School – Single Pane Window Replacement• Projected Cost: $345,799• Performance Indicator: Kilowatt-hour savings, KW Demand savings• Timeline: June – August, 2015• Consultant: Performance Services, Energy Control & Design• Projected Annual Cost Savings: $54,071• Projected Payback Period: 6.40 Years An evaluation of the energy performance indicators will be included as an addendum in the required 2014-15 published budget summary document per s.65.90, Wis. Statute, and in the school district’s newsletter or in the published minutes of the school board meeting. Motion to adopt resolution by: Victoria McCormick Seconded by: Thomas Slota Ayes: 5 Nayes: 0 Date: October 6, 2014

 
 
 
 
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