BUDGET PERIOD 1 (PHASE 2 - “STRATEGIC PLAN + ENERGY AUDITS”) WILL FOCUS ON CONDUCTING THE AMERICAN SOCIETY OF HEATING, REFRIGERATING AND AIR-CONDITIONING ENGINEERS (ASHRAE) LEVEL 2 ENERGY AUDITS OF ALL THE SCHOOLS/SCHOOL FACILITIES IN THE PORTFOLIO, AND ON DEVELOPING A COMPREHENSIVE STRATEGIC PLAN FOR IMPLEMENTING ENERGY IMPROVEMENTS. BY THE END OF BUDGET PERIOD 1, ENERGY AUDITS AND THE STRATEGIC PLAN SHOULD PROVIDE A CLEAR PATHWAY TO PRIORITIZE ENERGY IMPROVEMENTS, ACCESS PRIVATE SECTOR FUNDING (IF NEEDED) AND/OR TAX CREDITS AND REALIZE HIGH-IMPACT HEALTH AND SAFETY BENEFITS FOR BUDGET PERIOD 2. BUDGET PERIOD 2 (PHASE 3 - “IMPLEMENTATION”) WILL IMPLEMENT THE ENERGY IMPROVEMENTS IDENTIFIED AT THE END OF PHASE 2. PHASE 3 SHOULD DIRECTLY ADVANCE THE MEASURABLE GOALS OF ENERGY SAVINGS AND HIGH-IMPACT HEALTH AND SAFETY BENEFITS. RENEW LITTLE ROCK SCHOOLS WILL CREATE, IN 17 URBAN, DISADVANTAGED SCHOOLS, THE HEALTHY, HIGH-QUALITY LEARNING ENVIRONMENTS NEEDED FOR ACADEMIC AND LIFELONG SUCCESS. THE LONG-TERM GOAL OF RENEW LITTLE ROCK IS SIMPLE: ALL CHILDREN LEARN IN HEALTHY, HIGH- QUALITY LEARNING ENVIRONMENTS. IMPROVED AIR QUALITY AND ENERGY EFFICIENCY IN THE TARGETED FACILITIES WILL RESULT IN: • OBJECTIVE #1: A DECREASE IN STUDENT AND TEACHER ABSENCES, INCLUDING CHRONIC STUDENT ABSENTEEISM, LEADING TO IMPROVED ACADEMIC ACHIEVEMENT • OBJECTIVE #2: SIGNIFICANT ENERGY SAVINGS THAT SHIFT REAL DOLLARS TO DIRECT STUDENT LEARNING SUPPORTS, LEADING TO IMPROVED ACADEMIC ACHIEVEMENT