The school board heard a report from Energy Services Group (ESG) regarding the Energy Savings Performance Contract the board entered into in September 2006. This program funded $4.1M in energy improvements, deferred maintenance and operational enhancements.
At the end of the first full year of operations (year ended December 31, 2010) the savings associated with this program amounted to $241,000, exceeding the savings guaranteed by ESG by $15,000. The savings will pay back the capital investment, interest on the Alternative Facility Bonds and Capital Lease Bonds that were issued as well as technical services provided by ESG. In addition to the savings realized in the first year of operation, there were savings during the construction period in the amount of $264,000. The project is expected to save over $4.1M over the 15-Year term of the agreeement.
While the savings won't necessarily put more money into the budget for other things we will be saving on electricity, gas, and water useage and reducing the district's carbon footprint while improving indoor air quality and comfort of the buildings.
The board also held discussion on the proposal to establish one polling place for school elections that are not held on the same day as a statewide election. This proposal will be on the agenda at the March 21 school board meeting that will be held in the Middle School Media Center beginnning at 7:00 p.m.. The text of the proposal can be found here.
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