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 Responsive to community’s concerns: small projects funded through operating budget - increased in 2010 from $660K to $3.5M

Capital Improvement Project Needs

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

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

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

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

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

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

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

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

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

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

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

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

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

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