(3) A resolution under this section shall be passed by NovemberOctober 1 in the school year in which a tax is to be levied for the expenditure. The resolution shall and include all of the following information:
(b) A statement that the school district is exercising its taxing authority under s. 121.91 (4) (o), Stats., to exceed the revenue limit on a non-recurring basis by an amount the school district will spend on new energy efficiency measures and renewable energy efficiency products for the currentapplicable school year. (c) The amount to be levied and expended in accordance with s. 121.91 (4) (o) 1. or 1m., Stats. (d) A list of the cost recovery performance indicators that will measure the cost savings of each project’s expenditure in an amount equal to the exemption request, estimated cost, estimated savings, and including the timeline for cost recovery for each project expenditure.
SECTION 6. PI 15.03 (3) (f) and (g) are created to read:
(f) The funding mechanism to be used which meets the requirements of s. 121.91 (4) (o) 1., Stats. (g) The contract entered into that governs the project and certify compliance with the performance contracting requirements under s. 66.0133, Stats. SECTION 7. PI 15.03 (4) is amended to read:
(4) A school board that passes a resolution under sub. (3) shall submit a copy of that resolution to the department within two weeksten days of passage.
SECTION 8. PI 15.03 (7) is amended to read:
(7) Annually, no later than two weeks following the date of the school district's budget hearing, the school board shall submit to the department the contents of the addendum to the school district's published budget summary under s. 65.90, Stats. In addition to the resolution, the addendum shall include an evaluation of the performance measures, including the energy cost savings achieved as a result of the school district's expenditurethe amount of utility savings per s. 121.91 (4) (o) 3., Stats., on a form and in the manner prescribed by the department. The school board shall also include the information in this subsection in the school district's newsletter or in the published minutes of the school board meeting. PI 15.03(8)SECTION 9. PI 15.03 (8) is repealed. SECTION 10. PI 15.04 (2m) is created to read:
(2m) The department shall reduce the school district’s exemption for energy efficiencies by the annual utility cost savings under s. 121.91 (4) (o) 3., Stats. SECTION 11. PI 15.04 (3) is amended to read:
(3) The department shall post on its website the addendum contents information received under s. PI 15.03 (7). SECTION 12. PI 15.04 (4) is repealed and recreated to read:
(4) Any additional revenue received by a school district under this paragraph shall not be included in the base for determining the school district's limit under s. 121.91 (2m), Stats., for the succeeding school year. In addition, the limit otherwise applicable to a school district in any school year is decreased by an amount equal to the prior year amount levied for which there is not a prior year documented energy expenditure. The amount of the decrease shall not be deducted from the base for determining the school district’s limit under s. 121.91 (2m), Stats., for the following school year. SECTION 13. PI 15.04 (5) is repealed.
SECTION 14. PI 15 Appendix A is amended to read:
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 1st, to exceed the revenue limit on a non-recurring basis by an amount the district will spend on new energy efficiency measures and renewable 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 levied and expended is $______.:
(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. The board has identified the following required performance indicators that will measure the energy savings and/or energy cost avoidance in an amount equal to the exemption request and will include a timeline:
(List performance indicators here)
An evaluation of the energy performance indicators will be included as an addendum in the required _(insert school year following school year above) 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. SECTION 15. EFFECTIVE DATE:
The proposed rules contained in this order shall take effect on the first day of the month commencing after the date of publication in the Wisconsin Administrative Register, as provided in s. 227.22 (2) (intro.), Stats.
