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Bond issue to be on November Ballot

 

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July 11, 2018 Board Meeting

The Crestview Local School Board approved a resolution to put a bond issue on the November 6, 2018 ballot. This bond issue represents the Crestview Community’s share in a building project with the State of Ohio. The board vote recommends building a new Pre-k to 12 building. Crestview is eligible for 88% State funding or 38 million dollars from the State of Ohio for a new building only. The local share then would be 5.2 million dollars for new construction. The total cost of the project is 43.2 million dollars

The school board has determined this is the most fiscally responsible choice to work with the State of Ohio to build a new Pre-k to 12 building. The initiative will save the local taxpayer millions because of the assistance by the State of Ohio. The district currently needs at least 9 million dollars in emergency repairs for heating and roofing. By pursuing the project with the State, the district will NOT need a 9 million dollar emergency levy for repairs. The ballot initiative asks for 5.2 million dollars locally. The millage is yet to be certified by the County Auditor.

REPORT BY THE MORNING JOURNAL





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