“ let’s bond together ” issue 3

“Let’s Bond Together”

Issue 3

Expect….Believe….Achieve Expect….Believe….Achieve

Planning The Future For Our Community

Why We are Here….“Together, we represent the future

of our community.”

“Opportunity is rare, and a wise man will never let it go by him.”


The Ohio Schools Facilities Commission…

Ohio School Facilities Commission History Equity evaluation of communities State-wide school building assessments Funding based on enrollment and square

foot per student


School Construction Dollars Required $1.00

Local Funding $.40

State Funding $.60

+

The Opportunity…


Where We are in the Process…

Architect has been chosen and a Facility Plan has been selected With the help of the Facilities Planning Committee Approved by Community

Bond issue will appear in November election 4.81 mills plus .5 mil maintenance levy

Community engaged committee has been developed to help disseminate information


Facility Plan Centralized Campus

K-8 West of Stadium Appropriate level of student segregation

Renovation of portions of MHS Update Lecture Hall Additional Classroom Space

The Plan…


Why the Centralized Campus Makes Sense…

Takes advantage of increased efficiencies in maintenance, cafeteria, and central kitchen

Centrally located ~efficient busing routing One site to maintain instead of 5 sites Provides the most opportunity for the district to save

operational cost Provides educators increased flexibility in grouping of kids Allows for more effective collaboration efforts


Why It Makes Sense to Take Advantage of This Opportunity…

Current BuildingFacilities are Aging Enrollment Capacity

Madison High School (1971) 1145 1073Madison Middle School (1961) 847 574Homer Nash Kimball Elementary (1928) 522 400North Madison Elementary (1932) 494 275Red Bird Elementary (1959) 550 415Memorial Complex (1921) 220 220

*year indicates original building construction. Some updates have been made to these

buildings over the course of their existence.


The Cost….

Facility Plan Base Cost State Share at 60% Local Share at 40% Total Bond Issue Cost 33.6 M

Locally Funded Initiatives/Items (state non funded items) SITE UPGRADES MHS ADDITIONAL CLASSROOMS WOOD FLOORING FOR GYM FLOORS UPGRADE MHS LECTURE HALL BOE IN MADISON HIGH SCHOOL PURCHASE LAND

(minimal - 1.5 acres)

Total 77.4 M LFI

60% 46.4 M

40% 31.0 M 2.6 M


Tax Examples

$100,000 $162.62

$137,250Average home in Madison

$223.19

$150,000 $243.93

$175,000 $284.58

Property Value Tax $

Be sure to apply for the Homestead Exemption

Visit the Tax Calculator to see exactly how this issue will impact your taxes.


Additional Projects…

Recent legislation allows interest to be used to support additional locally funded projects

Interest money will be used to fund other projects that will be prioritized based on cost and need. This does NOT affect the tax collection or the bond amounts

Some projects that will be considered include: Pre K Classrooms Community recreational fields Bus Garage


In Summary…

Every Madison Local Student will have 21st Century

School Facilities

Community Use Opportunities

Local Pride and Economic Impact

State Share = 60%

Local Share = 40%


Campbell K-8 SchoolCampbell, Ohio


Montgomery Elementary Cincinnati, Ohio

“ let’s bond together ” issue 3

Documents