Shorewood School District Proposed Preliminary Budget 2026-05-26
District Continues Honeywell Energy Efficiency Contract
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Description
Shorewood School District continues its 15-year energy efficiency performance contract with Honeywell ESG, totaling $6,014,876, to upgrade electrical, HVAC, and lighting systems. The project is financed under a revenue limit exemption and is generating reported annual utility savings exceeding $280,000.
Contract Details
Contract Amount
$6,014,876
Vendor
HONEYWELL ESG
Agency
Shorewood School District, WI
Contract Type
CONSTRUCTION
Document Date
May 26, 2026
Contract Term
15-year performance contract; total project payback period 40 years
Renewal Info
Performance contract runs for 15 years of debt payments with a 40-year total project payback period; repayment is exempt from state revenue limits under § 121.91(4)(o). No renewal terms are described.
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