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REFERENDUM 2014 Building Maintenance

REFERENDUM 2014 Building Maintenance. Referendum 2014. Focused on providing a safe and healthy learning environment for students Fiscally responsible: Zero increase in taxes Long-term energy cost savings

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REFERENDUM 2014 Building Maintenance

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  1. REFERENDUM 2014Building Maintenance

  2. Referendum 2014 • Focused on providing a safe and healthy learning environment for students • Fiscally responsible: • Zero increase in taxes • Long-term energy cost savings • Responsive to community’s concerns: small projects funded through operating budget - increased in 2010 from $660K to $3.5M

  3. Capital Improvement Project Needs

  4. Create Long-Term Savings • Upgrades to aging systems at the end of their useful life - some are over 50 years old • Replacements to aging systems such as HVAC units and replacing windows will create long-term energy savings for the district

  5. HVAC is More Than Just Air Conditioning • Benefits of upgraded HVAC systems: • Maintains the air temperature throughout the year • Controls humidity • Reduces the possibility of mold issues

  6. Benefits for Students • Provides a safe and healthy learning environment throughout the year • Provides optimal air quality that research shows can result in: • Increased ability to focus and concentrate • Increased productivity of staff and students • Potential reduction of symptoms of asthma

  7. Use of Schools Year Round • Many schools in the district are used 12 months of the year • In 2013, more than 8,000 students attended summer school

  8. Capital Improvement Projects 2014 • Washington Middle School $6.7M • Heating, Ventilation, Air Conditioning (HVAC) • Energy efficient lighting • Energy efficient windows • Renovation • Asbestos removal • Security Upgrade

  9. Capital Improvement Projects 2014 • Franklin Middle School $7.2M • Heating, Ventilation, Air Conditioning (HVAC) • Electrical renovation • Refurbish auditorium seating • Window replacement • Asbestos removal

  10. Capital Improvement Projects 2014 • Fort Howard Elementary $ 1.2M • Tank Elementary $ 2.5M • Nicolet Elementary $ 2.5M • Chappell Elementary $ 2.0M $ 8.2M • Heating, Ventilation, Air Conditioning (HVAC); Renovation

  11. Capital Improvement Projects 2014 • Washington Middle School $ 6.7M • Franklin Middle School $ 7.2M • Elementary Schools $ 8.2M $ 22.1M • Use of the District Fund Balance $ - 2.1M Referendum Total $ 20.0M

  12. Fiscally Responsible • Zero increase to taxpayers, due to retiring debt • Paid off in 10 years • No small projects • Create long-term savings through energy savings • If referendum does not pass - homeowners pay $34 less per $100,000

  13. Why Not District Funded? • Revenue Limit per Student • Green Bay - $9,292 • Madison - $11,227 • State Average - $9,884 • If Green Bay was at the state average, we would have $12M of additional revenue each year

  14. Why Not District Funded? • Fund Balance • Green Bay - $41.4M • Green Bay - 19.0% of expenditures • State Average - 22.6% of expenditures • Needed for cash flow borrowing due to delay in equalized aid and property tax revenues • Reduced borrowing amount from $25M to 10M

  15. Why a Referendum? • Wisconsin law requires school districts to hold a referendum in order to bond for capital projects of $1M or more • City of Green Bay and Brown County do not have same restriction

  16. Referendum 2014 • Focused on providing a safe and healthy learning environment for students • Fiscally responsible: • Zero increase in taxes • Long-term energy cost savings • Responsive to community’s concerns: small projects funded through operating budget - increased in 2010 from $660K to $3.5M

  17. Questions and Feedback

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