Several years ago. We started, recognizing our midyear grads, and I know what they're doing. And then, really like them. Thank you. Thank you. I'm gonna present 15, graduate 50 graduates. These are seniors who worked really hard to finish the semester early for different reasons. Most of them will plan on joining us for a commencement in June, but several do have, a person in their advocacy that may keep them away from Indiana or or in the military. So we wanna make sure we recognize them now, and also invite them in June
to celebrate with their entire math. So our first student is Aiden Bowman. Aiden plans to pursue a career and insurance adjustment. Sofia Coleman. Sofia plans to work and attend school to become a new artist. Angela plans to work and save money for college. She wants to attend Indiana University in Riverside to become a dental hygienist. Madeline Haley. Madeline plans to increase her work hours in order to save money for college. Mikaela Miller plans to attend Ivy Tech Community College to study graphic design. Abigail Mantel plans to work while she attends cosmetology school also.
Also plans to work a little bit more and save money for college. Naomi Mendoza, who managed to attend Ivy Tech Community College. Jasmine Schuyckendorf managed to take college courses next semester. Madison Smith managed to attend Ivy Tech Community College before transferring to Allstate University for a degree in education. Douglas Thomas managed to work with New Money prior to joining the United States Air Force. Neil Witz is preparing to pass through cosmetology life with me, Theo, and will be dual pane to Florida. And finally, Cameron Zamora plans to join the electrical union in the 2020.
Very proud of these 15 students and their accomplishments and look forward to seeing them in June. But if not, they know that they have been really recognized here at the work. Thank you. We are so excited. We had two amazing steps up, and they started with a goal of wanting to improve to be top 10 in the state. And, took that role and actually went kept and and kept it crazy for hard. Now you also need to know if I know that I happen to live across
the street actually just really exciting to watch them each time they came up to
the table. It was fabulous. So, but without further ado, I'd like to just go ahead and introduce our coaches, Dana Butterfield and Patty Heiney. Thank you for honoring the 12, very deserving Berkeley student who works hard to see the goal. My name is. Showing them our youth had won a championship. And then running down the hall, which I know is against the rules, but it is. And I was trying to find the wedding last it was in this classroom and I was, like, Many people have asked us what our secret was, like Kevin Wallace.
He wants to know what our secret was. I wish I could tell you there was a secret, but I truly believe that it started with a vision that Samira Jaime and I had. That vision led to a dream, that dream turned into a goal, and that goal was constantly shared with these 12 students. He believed they could do it, and they believed they could do it. They worked hard, even sometimes when they didn't want to. They came early to school. They played after school, memorized, and studied 750 words. Maybe one of our secrets was the pizza or the donut, and we may have
we may not have had it on the line at one of the practices. I also wanna give my gratitude and respectful thank you to the small family of these students who supported us and supported their children by driving them and picking them up for healthy practices and putting up with my constant, get relevant, my in connect messages. We also like to thank the three classroom teachers at our school. This is Allison, Mary Gugino, and Mary Mena who will lead the right along with us in supporting the students in the first place of the school. We already knew that Parkview was a special place.
This is just a little bit of frosting on the cake from an already amazing place. To see one another, and ready to tackle the spelling test, excited to learn new words, and willing to do the extra homework. This case truly inspired me and gave me the feel to go the extra mile every single day. Missus Bartle and I have been asked what our secret was, and honestly, there's no secret. Our formula was to combine two passionate teachers, 12 hardworking students, and an incredible support
system that included teachers, families, and our cool grateful. We all share one dream with the goals. We trusted the process. We executed the plan. But above all, we enjoyed the ride. We had a lot of fun. And I guess when you put all of that together, nothing special happened, and that's what they champion something. So thank you. Loan, a school that's on smaller side. And it has flown come out. You know, iron sharpens iron, you know, where one person sharpens another.
And so only eight, right, go up and compete. Also, we're really important, on that practice after practice after practice. We've got eight competitors. Sorry for 750 words, and these are, outstanding words. And kids, we're gonna ask you about something. You know? But, you know, everyone in the state competes, and, they get all the same work to themselves. And so, each student, there's, like, eight competitors for each student, to help them work.
And, that results with the tiebreaker should begin. And I know a parking for 53 out of 56 correct words, and at one point, had 41 straight, correct work, which is one of the tiebreaker, that released. But they didn't need a tiebreaker. Because they out the second place in the state, and second place in Mountville Central, I want three words in Atlanta. Yeah. It was. And the state was just six of seven.
Yeah. Unbelievable. Absolutely. So, all eight competitors were either perfect seven for seven or near perfect six for seven. And you get rid of this for both. And and it's just an incredible accomplishment all the way around. No one is gonna be able to take that equipment away from you. So the rest of your life will be Awesome.
Congratulations. Alright. And then we'll send this picture out, to with the Wi Fi. Thank you, madam president. Each month, we present our finance report. We have year to date relevance to year to date year to date expenditures for our tax credit funds and our year to date you're gonna see revenue of $708,032.
Year to date expenditures of 1,000,000 quarters or about $39. And there is a $150,000 temporary loan on the prepaid fund to attach that fund for cash flow purposes we paid this month. In the operations fund, year to date revenue of 16,680,595, year to date expenditures of $21,000,474.23 And we include that performance of 645,000 on transfer. In the operating reference of fund, your paid revenue is $3,440,315.
The capital referendum, the year to date revenue was $6,172,640. Year to date expenditures of $5,000,006.83 500. All debt service payments due to date have a date of fiscal year. And finally, the twenty day fund, no year fee revenue, no expenditure in the temporary loan, that fund you pay back in the month. I'm moving on. Thank you. I'm moving on to contract considerations. Doctor. Thank you very much. Just one contractor for consideration, from Albertville High School with MPI Enterprises, for our production
contract for 2026 from performances. As per our custom, it is redacted in May. And we didn't have time for words to do anything, and build suspense as we March 4 of '27. We do recommend we approve the content. But the underactive of other spaces. Okay. American Legion Charles Fast Float ready for our Bigelow truck, $250. Ingradables, $75.
Green services incorporated, $100. Crest reporting service, Lloyd Chris, $500. Accenture enhancement, bath bitter, $250. For journal order of legal's, number 2517 social fund, $250. And a service price is that due to our surrounds, $2,102. And some of them are assigned at $200. Our national fee donations were over $30,400 this year.
We appreciate if you feel confident to get the word feedback, and we're really appreciative that Verity stepped up. We need to work. Through this all in front of you. I wanna give a quick recap. TJ, elementary, and so on January, and then middle school, not to pull out much of that roof. We did some retro commissioning, which is, a study of your control system and the key day items by age. You're performing sodium monitoring there, which allows us to react in both times to reduce power usage, and then we replace the board system once there.
Your contract, phase one is approximately $5,800,000. And the contract guaranteed savings amount is about 8 and a half million. And let's see on a little bit. You're actually gonna save quite a bit more than that with the statute number. The contractor has to guarantee not only the cost of the project, it's a small maintenance and interest period. That number is really up to our own. It would be a large number. This project was, financed by our So they are wanting to know that their proceeds
are gonna be repaid by the agency's statement. In addition to the project being paid for, the purpose of doing a project for free up, So approximately a $100,000 a year of your operating fund, was reduced. So we we were able to transfer energy costs to the tax exempt lease to free up costs from your operating fund. This project received, ironically, our tax and redundancy, but we received a direct deposit, to purchase an investment tax credit from the treasury department.
So once this project is completed, we filed paperwork with Jim's help under a app We received the traffic for approximately $960,000 from the treasury department, where tonight there's about $7,500 in interest debut in that driveway. So, that's it. And then, through your utility company, we were able to buy for a $165. Most important pieces of the work is to be done.
Most important piece of the work is to develop our homework and our feasibility study. We're always working on our draft. So the leader we provide you this. We're fairly confident in our data and the proof is in the pudding. So this report card, I believe, the priority conservation measure. You guys say you did something about 3.6 for, value of about $493,000. What's been complete here is we still have a month of solar. That's solar number between now and, the January.
We wanted to reply to disclose from your ZIP code at the zero meeting. That's that, Nitsco imposed on the district in the one on our business, over the last two years. And so I wanted to share the impact of the decision you made to to do this project and the cost that you're not gonna pay going forward. You don't mind? Well, when Art left column, that was your original model.
Word was very conservative and and traveling as well. I'm talking to Paul and then taking a look at the paper. This bill has raised rate on average for the last day of the about 10% per year commercial rate there. We modeled a 3% annual increase in line with where inflation would be. That left column based on we're not eliminating about 2,600,000 full watt hours with 3% inflation. It's gonna generate approximately $12,000,000 in what we stated for the twenty year period.
And so you might lose numbers. And so the two rate increases, you're avoiding an additional $3,200,000. The energy cost would have been approved. So those that's the power the power of the projects we're saving in and cost associated with true power and then not paying for those additional waiting. The note is because the team had asked me today. We're still holding the 3% other than the real rate increase that we're we're currently these are just two graphs in this area that, you know, those 20 graph that's just showing full project impact November's numbers.
We're not receiving in January with some of these numbers. But today, at the project, the middle school meter, that, electric meter, we have saved a $171,000 over last year's bills. And at the at the at the end of the school, we stayed about $25,000. That's a good way to make it. But the head of what we projected, I think that that works out to be campus wide about 72% of the energy, temperatures have been offset. I believe we model 60%.
We're probably an average here. Next one, we're giving you a facility. Couple of recording after pictures. This is your your channel. Probably the best example of the other year, retrofit. The bottom picture much brighter. These these pictures are brighter than providing the actual, bloom and beaded for classroom and gems. Blacking system behind. So let's go over here on phase one. We expect we will continue to monitor that, project performance. The boilers, with any electrical items that and then they put a correction.
We're not waiting for you to get the that included an energy man management monitoring system. So the system informs the real time how the energy is being utilized to make a development.
The lower your energy cost is less than the time of the year. We expanded solar to not have additional facilities. We are retro of machines with the electronic mechanics on control system to maximize the electrical machinery facilities. You have five buildings where you're really controlled, you're not function if you're receiving new controls and the commission that could go on with five of your facilities. And then microorganisms, which are generators and I five is the generator that heat where you're generating your electricity, the main shade, which is the that's for your portion of
the electric bill. And that heat is being added into your boiler and dealing $34,000,000 in guaranteed savings from the life of the project. Work with you on this project, and they also, Right.
The schedule was held, but we've been working on this project for about a year now. So our next update, just walk into the the additional schedule of the repairman. We have not had any variance in that one. I'm not going to schedule today. We are largely complete with a lot of the items. The, one that's gonna come online first is your migratory then. It is one of the largest impacts in the city, at the high school and, the middle school. So in the first quarter, I think one is gonna come online in January and
the other one, by May. It'll be a bit of operational in your school. We're just opening them. Project is going very well. It is a project that people in both environments with with occupancy. And so as I mentioned, the control process from time to time has, required feedback from Danny and his team in response from Verage and our team. It underneath that total point, we got 10%. So it'll be 33, 34 degrees, but it actually will melt prior to sticking to
the panel. Now it's no falling in in the low 20 or eight injuries or 15 degrees that not over the table. It will, you can see some build up. But it generally will not offer slide off a little Yes.
Okay. So I'm sorry. Does the guarantee are? Right. I modify how the store will approach the potential uncertainty whether or not you will
get the credit. At the time, they learned that they're not the contract between you and Gary with executing before the end of this year, which you're supposed to be executed. And the project that received 5% of the material would be State Department and protect it under the whole investment credit. So it it has been the system were registered, but similar to paper exactly like phase one, it's already been energized for us to send the final tax people working
through the credit department. So in 2025, we filed the nine ninety form with the IRS in March, and you received your check before we go on. And so we anticipate for a schedule of getting your business in their balance in twenty sixth and filing the paperwork in March 27 and then receiving this month. So currently, it wants to be in the day. Thank you, miss. But and that we approve something to get it in. Yes.
I appreciate the time I guess. Yeah. And when just to belabor this point, are timing and our pressure future of beginning early and doing things for the right reason. We're now in a tertiary way with the rebate on, I mean, on the government. And where people may have seen this as a good idea. I wanted to get ahead because of the process we've got in place, they not
have been able to make those deadlines before qualified for those in the but we've been able to do that and lower their commitment to hitting the mark for American made, $4,500,000.
Yes. So we've we've been able to turn a lot of our as a community partner, for, We did a lot of vetting to identify. Yeah. The reason for not putting the the solar system on some of the other roofs there at their appointment there. Are there future plans under this contract as it goes through to the appointment. It increases that's feasible. Not under this contract. Not under this contract, but in the feasibility study, you guys have procured this continual
update that has created a mass deployment. We understand your pages and when they're scheduled in your place. So the school will lack it to install solar and it makes sense at the time. We would be able to go through the RFP process Yeah.
We have three so the net meter so the meter will change in 2017 when we were I don't know if it changed in 2022. Prior to that change, we we actually have three clients that are net zero. They they do not have it for people that are connected to utilities every month, but they're a 100%. They never all grow out here. Or are you now You can.
So that that Yeah. Thank you. Each month, we transfer money from the estate fund to the average fund.
If our expected that the move to the average fund, but the revenue did not follow. Each year we request a temporary transfer to explain, refund from the ring date line to the extension deadline for cash flow purposes. We we will be making our final attention deadline in January. However, we won't get the revenue for that until June tax drop and December tax drop 2026. So for cash flow versus our we are requesting that $345,000 can temporarily transfer the ring date fund to the pension debt fund, but we can't do that after the
12/20/2016 tax drop. And at that time, the attention debt fund will be Alright. Last is the, resolution to close this 2025 year again. Each year, we close books, and phone counts within one of our owners' backs.
So, we're requesting permission to, transfer money from the between accounts within the bank fund to close off down year 2025. This is something that we at the end of this year, and, it listed all these transcripts will be brought before the board for approval as of January. It's a time that that permission to be clear. Any discussion? Thank you. Thanks, Laura. I I would just say that this has been a tremendous semester, won't die, but
a lot of positive. I know you've seen it, any more updates and board meetings. And we've been looking for five of the people with. And I had several opportunities in all the buildings. I left when we were in the back in the building, for the elementary. And then, back there, they were working to recycle sleep. But, there's a lot of happy kids, walking the halls, being in classrooms, a lot
of their teachers, being inspired. You know what? Alright. Legislative session part. So we'll be including moving forward on legislative topics, that are quite ahead of ISDA next month. And then I know one of the other things is you get that email, And
then the mayor's point is it's a non voting advisory, member for the. And it's one from So there'll be one for one, that will come from that pool. Not not correct. Correct. I won't come up from them. And there was like one from the name that you can teach them both. And there was a we we done by the end of the year, because they only think twice a year. And we need to make sure that we got in whatever it was in the
December slot. How does that go? And we submitted whatever we need to submit, learn to get that. Right there. I'm already I'm gonna write more personal details.
I do wanna switch here to zero because I really do appreciate your play on the board. I appreciate the mistake. Joining me here, I'm trying to make sure I understand what it is that we're doing and what we're supposed to be doing as time to decide. People have questions, concerns, let me know. But I appreciate the opportunity to serve. I've made it this way. I'm I'm the fourth year. I do have at some point in time. So I don't wanna say payback or pay pay it forward to ask for an
in kind, gesture from the commemorating the year of how it works now. We're gonna report.