NewBridgetown Middle School | Additional Needs Pending Remaining Funds
ZERO TAX RATE INCREASE
The proposed bond can be funded without raising the current tax rate. The same tax rate from the 1997 Bond levy will fund 3 NEW buildings & more!
Developed by a committee of parents, teachers, alumni, community members, and support staff.
The bond recommendation resulted from a four-month process led by the Oak Hills LSD Community Advisory Team. This group of approximately 60 parents, staff, and community members held four meetings to review the state of the district, including infrastructure, facility conditions, traffic challenges, safety, and academic and extra-curricular programming.
CAT Meeting in DMS Gym & BMS Media Center that was built using the 1997 Bond money!
WHY Now???
The 1997 Bond levy will be paid off in December of 2025. The Political Action Committee is asking the community to reinvest their resources from the 1997 bond levy. The State of Ohio Facilities Construction Commission will pay for at least 50% of the project. This is possible through the ELPP (Expedited Local Partnership Program). There will be ZERO net increase in property taxes.
EXPLAINING THE BALLOT:
The ballot will state "Shall bonds be issued by the Board of Education of the Oak Hills Local School District, County of Hamilton, Ohio, for the purpose of new construction, improvements, renovations and other additions to school facilities, as well as equipment, furnishings, site improvements, and all necessary appurtenances therefor, as part of a master facilities plan with the Ohio Facilities Construction Commission, in the principal amount of Sixty-Eight Million Five Hundred Thousand Dollars ($68,500,000), to be repaid annually over a maximum period of thirty seven (37) years, and an annual levy of property taxes be made outside the ten-mill limitation, estimated by county auditor to average over the repayment period of the bond issue two and five hundredths (2.05) mills, for each $1 of taxable value, which amounts to $74 for each $100,000 of the county auditor's appraised value, commencing in 2025, first due in 2026, to pay the annual debt charge on the bonds, and to pay the debt charges on any notes issues in anticipation of those bonds? ".
At the end it will ask you to vote "FOR or Against" we ask you to vote "FOR" Oak Hills!
Due to the 1997 Bond rolling off taxes in December of 2025, the Ballot must be phrased as an additional bond/tax levy. However, this new bond/tax levy will NOT increase your taxes from what you are paying today!