| ID | Vote Date
| Amount
| Type | Yes | No | Result | Performance Clause |
4487
|
12/18/2017
|
2018-2019 $866,858
2019-2020 $952,636
2020-2021 $1,179,992
2021-2022 $1,584,448
2022-2023 $1,750,889
2023-2024 $1,763,125
2024-2025 $1,758,064
2025-2026 $1,760,831
2026-2027 $1,761,307
2027-2028 $1,759,422
2028-2029 $1,759,958
2029-2030 $1,762,857
2030-2031 $1,758,375
2031-2032 $1,761,546
Total: $22,180,308
|
RS - 2018
|
|
|
Passed
|
Has Performance Clause
|
Brief Description: For energy projects related to: energy and water conservation, HVAC and digital control improvement, retro-commissioning and indoor air quality improvements and roofing repairs.
Actual Wording: Be it resolved that the Oak Creek-Franklin Joint 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
non-recurring basis by an amount the district will spend on new energy efficiency measures and
energy efficiency products for projects in the 2018-19 school year.
The project is being financed with Note Anticipation Note that will be refinanced with General
Obligation Refunding Bonds for a term of 15 years.
The amounts to be expended:
LEVY YEAR YEAR DUE AMOUNT
2018 2019 $866,858
2019 2020 $952,636
2020 2021 $1,179,992
2021 2022 $1,584,448
2022 2023 $1,750,889
2023 2024 $1,763,125
2024 2025 $1,758,064
2025 2026 $1,760,831
2026 2027 $1,761,307
2027 2028 $1,759,422
2028 2029 $1,759,958
2029 2030 $1,762,857
2030 2031 $1,758,375
2031 2032 $1,761,546
After review of the recommendations report per s. 66.0133 (2) (b), Stats., the district has
determined that the $22,180,305 it would spend on energy efficiency projects recommended in
the report is not likely to exceed the amount to be saved in average annual utility costs of
$96,865 and average annual non-utility costs of $1,161,562 over the remaining 40-year useful
life of the facility to which the measures apply.
The board has entered into a 20 year performance contract under s. 66.0133, Stats., with Nexus
Solutions 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: See attached.
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.
|
| |
| |
| |
|