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REFERENDUM 2014 Building Maintenance. Referendum 2014 Focused on providing a safe and healthy learning environment for students Fiscally responsible:

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Presentation on theme: "REFERENDUM 2014 Building Maintenance. Referendum 2014 Focused on providing a safe and healthy learning environment for students Fiscally responsible:"— Presentation transcript:

1 REFERENDUM 2014 Building 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 % of expenditures –State Average % 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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