Revenue Limit Exemptions for Energy Efficiencies

FISCAL NOTE

2009 Wis. Act 28 and the rules allow a school district to increase its revenue limit by the amount spent by the school district in that school year on energy efficiency measures and renewable energy products that result in the avoidance of, or reduction in, energy costs.

The rules focus on the process that school districts must use to request energy efficiency revenue limit exemptions and to ensure that the additional expenditure/taxing authority is offset with documented cost savings. The rule, itself, will not increase local revenue. It is the school district's choice as to whether they want to spend money on energy efficiency measures or products and then levy taxes to pay for it. Any additional revenue received by the school district may not be included in the base for the succeeding school year. In addition, the school district's following school year's revenue limit will be reduced by the amount levied for which there is not a documented energy expenditure.

The costs associated with administering this grant program will be absorbed by the department.

The rules will have no significant economic impact on small businesses, as defined in s. 227.114 (1) (a), Stats.

For questions about this information, contact Loretta L. Slauson (608) 267-9127

Last updated on 9/3/2009 11:22:46 AM