Bond Issue Calculator

Bond Issue Net Impact

This is how much your tax bill will change in 2029, when the bond issue would start collecting.

Ballot / Auditor Calculator Will Show

This comes from the language on the ballot, which shows the total cost for the bonds and PI levy. It's not allowed to account for the the $200 million our district would receive from the Ohio Facilities Construction Commission (OFCC) or the fact that an older bond issue that Lakota will be paying off early will be dropping off of the ballot.

[1]Three independent financial firms have confirmed no more than 3.99 mills will need to be collected for the bond issue with state co-funding.

[2]This bond rolloff will happen regardless of the outcome of this issue. There are many situations that would change the amount collected that wouldn't be part of a specific issue, and the auditor doesn't have the ability to determine what all of those are and put them on the ballot. When you try to answer the question "How much will my tax bill go up over the previous year?" subtracting that roll off will give you that answer.

Maintain Current Footprint Net Impact

This is the currently projected levy that would have to occur in 2029 to support our current footprint if we did nothing with facilities. If we pass this bond issue, this levy would not be necessary.

[1]If the issue does not pass, we will not achieve any of operational efficiencies of the smaller footprint. This is the forecasted amount to continue operating exactly like we are now as costs continue to rise.

[2]It will cost more to maintain all of the aging buildings, so we'll need this amount of levy just to continue maintaining our current buildings, warts and all. This will not solve the problems of schools with temporary portable units, overcrowded classrooms, or cockroaches. Additionally it will not offer the improved programming options that the less expensive facilities plan offers.

[3]This bond rolloff will happen regardless of the outcome of this issue. There are many of situations that would change the amount collected that wouldn't be part of a specific issue, and the auditor doesn't have the ability to determine what all of those are and put them on the ballot. When you try to answer the question "How much will my tax bill go up over the previous year?" subtracting that roll off will give you that answer.