Appendix A Sample Resolution For Revenue Limit Exemptions For Energy Efficiencies

Be it resolved that the school district of ____________ is exercising its taxing authority under s. 121.91 (4) (o) , Wis. Stats., on or before October 1 st , 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 _ (insert pertaining school year) _ school year.

The project is financed with a (specify bond, note, or state trust fund loan) for a term of ___________years.

The amount to be expended:

(Insert the following information indicating the exemption amount to be expended each school year for the project. Add lines for each year of the debt.)

School Year     Amount

20xx-20xx     $

After review of the recommendations report per s. 66.0133 (2) (b) , Stats., the district has determined that the $____________ 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 $______________and non-utility costs of $_____________over the remaining (enter number) year useful life of the facility to which the measures apply.

The board has entered into a (enter number) year performance contract under s. 66.0133 , Stats., with (enter contractor name) 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:

(List each energy efficiency measure or product with related cost recovery performance indicators, estimated cost, estimated savings and payback period.)

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.