The reason for utilizing a special election is to maximize the amount of savings the district’s taxpayers will experience. The district has a limited time to take advantage of low construction costs, low interest rates, State dollars, and Federal Stimulus money. We feel that it would be irresponsible to wait when the state and federal opportunities are on a fast track to expire. Additionally, time is limited regarding the tenure the district possesses as a participant in the Ohio Schools Facilities Commission Exceptional Needs Program.
The approximate cost of a special election is $22,000. The money comes from the general fund which is covered by local taxes, state foundations monies and many other sources. When there are several things on the ballot, schools, cities, villages, county, and parks share the costs.
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Bond Issue Call in Show Replay On Channel 5 GPAT
Friday evening at 8pm
Sat. 10am-2pm-8pm
Sun. 8pm
Mon. 10am-2pm-8pm
Proposed New Middle School
Channel 5 GPAT BOND ISSUE "Replay" Call in SHOW
Bond Issue Call in Show Replay On Channel 5 GPAT
Friday evening at 8pm
Sat. 10am-2pm-8pm
Sun. 8pm
Mon. 10am-2pm-8pm
Our Last Chance
Election Day
Election Day August 3, 2010
You can NOW vote early at the Board of Elections
You can NOW vote early at the Board of Elections
FAST FACTS
Cost - Taxpayer
• 2.9 Mill Bond Issue for 37 years 5-8th Grade Building – Fully Furnished
• .5 Mill for 23 years Facility Maintenance (OSFC Requirement)
• Total Cost to Property Owner $119 per year on $100,000 home
Formula for figuring tax cost:
Appraisal (Fair Market Value) x 35% Divided by 1,000 x 3.4 = Cost To Taxpayer
Example: $100,000 x 35% ÷ 1,000 x 3.4 = $119
Farmers – 50 cents an acre annually.
A farmer who owns an 80 acre tract of land on CAUV will pay less than $40 a year.
Cost – Facility
• $33.5 million 5-8th Grade Building – Fully Furnished
• $24.7 million Taxpayer Share
• $8.8 million State Share
Your support FOR the new middle school equals:
State - 8.8 million dollars to help build a 5-8 school
State - Rebate dollars for Junior High Repairs
Federal - Stimulus money to lower bond interest rates
Greenville School Board - dropped grades K-12 workbooks, flat and lab fees immediately upon passage
Greenville School Board - the new 5-8 building includes a Senior Citizen center at no extra cost.
The State funds 40% of a BASIC facility. The OSFC formula only funded a BASIC building housing 774 students. The district is currently averaging over 210 students per grade level in grades K-4. Additional academic square footage and upgrades for long term energy efficiencies add to the total cost of the local taxpayer share.
• 2.9 Mill Bond Issue for 37 years 5-8th Grade Building – Fully Furnished
• .5 Mill for 23 years Facility Maintenance (OSFC Requirement)
• Total Cost to Property Owner $119 per year on $100,000 home
Formula for figuring tax cost:
Appraisal (Fair Market Value) x 35% Divided by 1,000 x 3.4 = Cost To Taxpayer
Example: $100,000 x 35% ÷ 1,000 x 3.4 = $119
Farmers – 50 cents an acre annually.
A farmer who owns an 80 acre tract of land on CAUV will pay less than $40 a year.
Cost – Facility
• $33.5 million 5-8th Grade Building – Fully Furnished
• $24.7 million Taxpayer Share
• $8.8 million State Share
Your support FOR the new middle school equals:
State - 8.8 million dollars to help build a 5-8 school
State - Rebate dollars for Junior High Repairs
Federal - Stimulus money to lower bond interest rates
Greenville School Board - dropped grades K-12 workbooks, flat and lab fees immediately upon passage
Greenville School Board - the new 5-8 building includes a Senior Citizen center at no extra cost.
The State funds 40% of a BASIC facility. The OSFC formula only funded a BASIC building housing 774 students. The district is currently averaging over 210 students per grade level in grades K-4. Additional academic square footage and upgrades for long term energy efficiencies add to the total cost of the local taxpayer share.
Proposed New Middle School
Proposed New Middle School
Campaign Team
- Team Members:
- Honorary Chairperson– Jim Buchy Co-Chair–Eileen Litchfield Co-Chair–Bill Funderburg
Conceptual Plan
Questions
If you have any questions, please contact us at 937-548-3185
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