CVTC Board approves funds for Energy Center
Posted: June 27, 2014
The Chippewa Valley Technical College Board late last week approved funding in its 2014-15 budget for construction of a $10.3 million Energy Education Center on CVTC's West Campus that has been in the planning stages for the past four years. The project includes a 21,300-square-foot addition to an existing Transportation Education Center facility and a complete overhaul of that building's air conditioning, heating and ventilation system.
The project, which must still be approved by the Wisconsin Technical College System Board at its July meeting, will mostly be paid from borrowed funds. However, CVTC President Bruce Barker said private donations and funds from the CVTC Foundation will cover the remaining cost.
The Energy Education Center will serve a variety of existing CVTC programs, including electrical power distribution, electric line worker apprentices, landscape, plant and turf management, agri-science and farm business production management. If the project receives approval from the Wisconsin Technical College System Board, the CVTC hopes to open the new facility in fall 2015.
The CVTC District Board also approved its 2015 fiscal budget that includes a reduction in the property tax levy of 47 percent. The resulting lower rate means taxes on $100,000 of property to support the technical college would go down an average of $82 across the 11-county district.
The budget maintains existing programs, with some program additions due to the availability of grant funds. New or expanded programs include IT Mobile Applications, Machine Tooling Technics and Industrial Mechanics.
The property tax reduction is due to a large increase in state funding as part of a major change in how the state funds the technical college system. Wisconsin Act 145, which became law this past March, reduces technical college property taxes across Wisconsin by replacing $406 million of property tax levies with a state payment beginning in 2015. CVTC's share of the increased state funding is $18.23 million.