Greenon Local Schools voters on Tuesday overwhelmingly rejected a 4.95-mill bond and a five-year, 0.5 percent income tax for new schools buildings through a partnership with the Ohio Facilities Construction Committee.
The 38-year bond issue would have generated $26 million to help pay for the district’s share of a new 7th through 12th grade school. The issue would have guaranteed at least $13.3 million in state funding.
The bond would cost the owner of a $100,000 home an estimated $151.59 per year. The five-year income tax would cost $200 annually for every $40,000 worth of income.
“There are so many people in the community who want to have up-to-date school buildings,” said Greenon Superintendent Dan Bennett. “I am deeply appreciative to them for all of their work and support, particularly to the campaign volunteers, who did so much to help educate our voters on the district’s facility needs.”
The school will focus its efforts on what it needs to do moving forward.
“Our time is up. The money from the state was guaranteed until July,” Bennett said. “Even though the voters said, ‘no,’ our need doesn’t change. This ballot issue was never about whether or not to fix our deteriorating facilities. These repairs must be made. With no help from the state and no new money from the community, we will have to make hard decisions to balance the budget and keep our school buildings in safe, working order.”