Weeping Water Public Schools
Bond Information
The Weeping Water Public Schools Board of Education approved a resolution calling for a patron vote on a bond issue not to exceed $5,875,000 to repair and replace the current HVAC system with a geothermal HVAC system. The vote is scheduled for April 15th using mail-in ballots.
WHY IS THIS PROJECT NECESSARY?
WHY GOETHERMAL?
Unmatched Longevity:
The system boasts a wellfield with a life expectancy of over 50 years—far surpassing traditional systems. This long-term reliability means fewer replacements, lower maintenance costs, and consistent performance for decades.Dependable Components:
Complementing the robust wellfield, the heat pumps are built to last 20–25 years. This reliable performance ensures that the schools will enjoy efficient climate control throughout the lifespan of the system, reducing the worry of premature equipment failure.Significant Cost Savings:
One of the most compelling benefits is the estimated 30–40% reduction in utility costs. This would save the district between $25,000 and $30,000 each year in utility costs. These savings can substantially impact the school district's operating budget, freeing up funds that can be reallocated to improve educational resources and infrastructure.Attractive Financial Incentives:
Under the Inflation Reduction Act, this project qualifies for a 30% credit, estimated to be between $1.2 million and $1.4 million. Such a credit not only improves the project's financial feasibility but also opens up possibilities for reinvestment. The district could channel these funds into upgrading classroom technology, renovating facilities, or further enhancing energy efficiency measures—initiatives that directly benefit students and staff.