6. When State Money is Received, Build a New Elementary School and a New Auditorium.Cost – $60 million ($40 million local share)
7. Ashland City Schools Bond Issue The BOE voted in December 2010 to place a Bond Issue on the May 3, 2011 ballot. The Bond Issue will be for 4.8 mills (includes .5 mill building maintenance fund as required by the state). The Bond Issue is a property tax increase:
8. Ashland City Schools Bond Issue PHASE 1:Paid for entirely by local funds raised by the Bond Issue. Work would begin with the passage of the Bond Issue.
9. Ashland City Schools Bond Issue PHASE 2: When state funds are received Phase 2 of the plan will be implemented without any additional taxpayer dollars.
10. Ashland City Schools Bond Issue ABOUT STATE FUNDS The Ohio School Facilities Commission (OSFC) has been operating the Classroom Facilities Assistance Program since 1997 putting over $5.4 billion into 154 districts across Ohio. Ashland is slated to receive state funds equal to 39% of the OSFC qualified project costs. While certain project costs (purchasing land, building a new auditorium, and some of the renovations) are not co-funded by the state, the district stands to receive roughly $20 million from the state to apply to the overall project cost.
11. Ashland City Schools Bond Issue ABOUT STATE FUNDS State funds are expected to arrive in 2012 or 2013. At that time funds will be needed to build the new auditorium, the new elementary school, and to demolish the Middle School, Montgomery, Lincoln, and Osborn. If for some reason the state offer does not come until after 2013, the project elements dependent on that funding would simply be delayed until the funds are received.
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13. The Class of 2015 will be the first graduating class.
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16. Allows for our new High School to have upgraded facilities with up-to-date labs, better technology, and improved instructional space to better prepare young people for life and careers.
31. Ashland City Schools Bond Issue for us as a community to act on this greatly needed project that will surely improve the future of both Ashland City Schools and our community. In 2009, 60 individuals came together to discuss the top needs for Ashland County in order for us to continue to move forward. The #1 issue that came from that planning process was the need for updated school facilities.
45. Building a New High School (Grades 9-12).DON’T JUST VOTE YES… BECOME AN ADVOCATE!
46. Ashland City Schools Bond Issue ADDITIONAL INFORMATION For additional information about the Plan or the Bond Issue, visit: www.itstimeashland.com or contact any BOE member.
47. Paid for by the Citizens for Ashland City Schools, Tim Rowsey, Treasurer. 1020 Cleveland Ave., Ashland, OH 44805