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No
school construction tax this fall
By Kevin Kelley
Westlake
Published Aug. 12, 2009
The
Westlake Board of Education has decided against asking voters to
fund the construction of a new high school and renovated middle
school this November.
Board members came to a consensus on the issue at
a meeting Monday.
Several board members had been skeptical of the wisdom
of a ballot issue this fall due to the sluggish economy. The limited
amount of time available to mount an effective campaign to convince
homeowners to pay more taxes was also cited.
But the appeal of a November ballot issue grew in
recent months when interest-free bonds became available to Ohio
schools as part of the federal stimulus bill passed by Congress
in February. The catch was that the bonds had to be distributed
by the end of this year. If substantial savings was possible through
the interest-free bonds, the reasoning went, it might be worth the
effort to seek voter funding of new schools this November.
But although the Ohio School Facilities Commission
approved the district’s application for the stimulus bonds, the
amount approved was substantially less than district officials had
hoped for.
The commission allocated a minimum of $3.23 million
and a maximum of $7.62 million of interest-free bonds. The allocation
would have been dependent on Westlake voters approving a capital
levy. The final amount would have depended on how many other Ohio
districts’ funding issues were also successful.
“We were hoping that the savings would have been between
$10 and 16 million,” Superintendent Dan Keenan said at Monday’s
board meeting. Instead, under the amount of bonds allocated, the
savings in interest payments over time would have likely been less
than $800,000, he said.
The Westlake Schools applied for $20 million in interest-free
bonds, the maximum amount. Thirty-eight of 39 districts seeking
bonds for projects still requiring voter approval were granted allocations.
This wide dispersal of the bond money dashed Westlake’s hopes of
substantial savings. No district in the state received the amount
Westlake requested, Keenan said.
Still, board members said it was worth it to pursue
the interest-free bonds.
“We had a responsibility to the community to look
into this,” Board members Tim Sullivan said.
District officials have been pursuing options to address
what they say are aging and overcrowded school buildings for several
years. Those efforts will continue, board members said. Keenan said
the district should now aim to place a funding issue before voters
in May.
“It’s a question of timing, and right now the timing
is not right,” Sullivan said, noting that Ohio’s unemployment rate
is above 10 percent.
“It just doesn’t make sense to go forward now,” board
member Carol Winter said.
But Tom Mays said there’s never really a good time
to ask voters for more money. He warned fellow board members that
the district should not delay addressing its facilities problems
much longer
On average, school levies fail around 60 percent of
the time in Ohio, Mays noted.
“That trend is not going to change by springtime,”
he said. The board has to be prepared to aggressively lobby the
public to fund new school buildings, he said.
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