Beavercreek schools is growing with more than 100 new students enrolled in each of the past two years.
District leaders recently presented an updated master plan that includes construction of a new high school. The bond issue to pay for that new construction could be presented to voters in November 2020, Penny Rucker, district treasurer and CFO, said during a presentation at last month’s school board meeting.
In addition to the bond issue, a permanent improvement levy will be needed to maintain the new buildings, and operating costs could increase by an estimated $625,000 a year with the new building, Rucker said during the presentation.
Based on the district’s five-year financial forecast, new operating revenue will need to be approved by voters in the 2021-2022 time frame in order to avoid overspending, according to Rucker’s presentation.
“We have a lot of financial changes in the works,” Rucker said.
Beavercreek voters in May passed two school taxes, one a renewal to maintain facilities and the other a new five-year tax to support daily operating expenses.
Rucker said failure to get the March levy passed would be “devastating” to the district.
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