Issue 43 on the November 7 Ballot
After a community-driven facilities master planning process to identify how to proceed with the district's needs for operating funding and the community's master plan, the Board of Education took action to place a combined operating levy and bond issue on the November 7 ballot. Issue 43 is a 3.75-mill operating levy combined with a $230 million bond issue, which would be collected at a rate of approximately 5.17 mills above current collections. The combined ballot issue would be collected at a rate of 8.92 mills above current collections. Issue 43 represents the district's lowest operating funding request in more than 35 years and the first bond request in more than 20 years.
What will Issue 43 fund?
Issue 43 would maintain current educational programming and would fund the first phase of the community-developed master plan. The first phase involves rebuilding the high school and rebuilding or renovating all five elementary schools to address the aging building systems (HVAC, plumbing, mechanical, electrical) and add the needed space to accommodate projected enrollment growth. The first phase also includes addressing drainage issues and installing a turf field and baseball/softball diamonds on the district-owned land behind Tremont Elementary School to serve as needed athletic space.
What will Issue 43 cost homeowners?
For an Upper Arlington homeowner, the ballot issue would mean an annual property tax increase of approximately $312 per $100,000 in 2018 market value, as determined by the Franklin County auditor. For the owner of a home with a 2018 market value of $400,000, it would mean an annual increase of approximately $1,248. It's important to note that market value isn't what your home would sell for — it's an amount determined by the county auditor and available on your property listing on the auditor's website.
Updated September 21, 2017