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District wins Solar for Schools grant for near $600,000 project; district share to come from capital outlay
Summary
Stewartville staff said the district’s Solar for Schools project costs nearly $600,000; the grant will cover about half, federal/state tax credit ~30% (quoted at ~$180,000), and the district’s capital outlay share is estimated just under $120,000 to be budgeted for FY27 capital outlay.
Stewartville Public School District staff told the board the district’s Solar for Schools grant application was approved for a project with a total cost of nearly $600,000.
Miss Selfridge summarized the funding: the grant will pay about half of the project cost; a roughly 30% tax credit was reported (presenter cited ~$180,000) and the district’s remaining capital outlay obligation is estimated just under $120,000. Staff emphasized that the district share will come from capital outlay funds and not the general fund and that planning will place the district’s portion in the FY27 capital outlay budget.
Board members asked about return on investment and equipment lifespan; presenters said payback was expected to be under five years, with equipment life commonly around 9–10 years and occasional examples lasting 12 years. Staff said they would correct a transcription/posted figure and ensure accurate amounts are published on the district website.
