Northeastern Local School has postponed Thursday’s community facilities meeting as cost estimates for their new Northeastern PreK-12th grade school have come in over budget.
“Although these are initial estimates that are subject to extensive review and revision in the weeks to come, the current estimate is over the budget set for the project,” a statement from the district said.
The announcement comes as Northeastern is in process of finalizing floor plans for two new schools - with a price tag of $120 million.
One campus will be adjacent to the current South Vienna school and will be Northeastern PreK-12. The second campus will be near Kenton Ridge High School and will be Kenton Ridge PreK-12.
“While the current designs are not extravagant, we believe that there are areas where we can realize savings. We are taking a comprehensive look at these plans to make necessary adjustments in the design and to accommodate rising construction costs,” a statement from the district said.
School officials had planned to discuss the project with the public on Thursday.
Funding for the schools will come from local and state money. Voters approved a 37-year $79 million bond issue in May 2018 by a margin of 56 percent to 44 percent. In addition to the bond, the state will contribute around $41 million to the project through the Ohio Facilities Construction Commission.
“The values of our community are clear - the new schools must be built within our means and fit the budget we created with the state,” a statement from the district said. “We’re committed to upholding that value and have already begun discussions with our partners in this project to address the discrepancy between our budget and the estimate.”
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