The $87.8 million levy is 4.66 mills. The $2.3 million levy is 2.3 mills over 29 years.
The current proposal is for the preschool-to-grade-four buildings to be located at the Cookson Elementary and Hook Elementary school sites, plus a site at Ohio 718 and McKaig Avenue. The proposed location of the building for grades five and six is property the district owns off Swailes Road.
If the bond passes, Troy will get about $46 million from the state to complete the project. Ohio Facilities Construction Commission money is typically contingent on local schools paying for at least some of the building costs.
Troy City Schools Superintendent Chris Piper will host an informational meeting regarding the upcoming bond issue at 7 p.m. Thursday, Oct. 12 in the Troy High School auditorium.
The last time Troy passed a levy asking for new money was in November 2006, for operating expenses. The last time Troy passed a bond issue was November 2004, which built a new gymnasium and science wing at the high school, as well as other improvements throughout the district.
The last time Troy passed a levy renewal was May of 2021.
More information from the levy committee is available at CitizensforTroyCitySchools.com and a Facebook page with the same name.
A separate Facebook page opposing the tax, “Save Troy’s Schools, Vote Against Bond Levy” argues that with inflation already straining residents’ finances, the cost of the tax and the 29-37 year length are too much. The page further advocates adding onto or renovating the existing schools.
About the Author
