Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 【$2.7 Billion Inflow to Gold ETFs】Why Assets Under Management Still Fell by 6%. Reading Gold’s “Popularity” and “Price Movement” Separately
    • Just 11.1% of Families Own Mutual Funds and Other Pooled Investments Outside Retirement Accounts. The Typical Holding Is $200,000
    • Using economic news as investment tips: Why I chose AI and semiconductor mutual funds|続ける投資
    • 2 ETFs I’d Buy in November and Hold for the Next 20 Years
    • I Asked a Financial Advisor: Should I Move Everything to Bonds Right Now?
    • These 3 Unstoppable ETFs Could Build a Million-Dollar Portfolio With Little Effort on Your Part. Here’s How.
    • Here’s Every Monthly Check These 3 Dividend ETFs Paid Over the Past Year
    • 3 Dividend ETFs That Could Generate Thousands of Dollars in Passive Income
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Hilliard bond-levy issue would fund preschool, elementary replacements
    Bonds

    Hilliard bond-levy issue would fund preschool, elementary replacements

    July 20, 2024


    play

    Bradley beats Liberty in OHSAA Division I baseball regional semi

    Logan Minamyer scores the winning run on Alex Koons’ 11th-inning double as Hilliard Bradley beats Olentangy Liberty 3-2 in a regional semifinal.

    Residents in the Hilliard school district will vote Nov. 5 on a levy for the first time in eight years.  

    Voters will decide on a combined bond-levy issue that would finance regular operations and improvements to school facilities. Residents will vote on raising the bonds and property taxes in the same item. 

    The first part of the two-part ballot issue is a 6.9-mill operating levy that would increase property taxes $242 for every $100,000 in appraised value. The county treasurer’s office estimated this will raise $31.6 million annually, according to the board’s resolution.

    This money would fund everyday operations in the district, including staffing, utilities and instructional materials, Superintendent David Stewart said, but he would not detail any specific areas that needed funding.  

    More education: Pickerington Schools superintendent to retire after two recent pay, benefits hikes

    Stewart said the levy is instead not focused on a few specific issues but needed because of rising costs seen around the country and because the district has had the same funding since 2016. 

    “We’ve been off the ballot for eight years, and the reality of the way the schools are funded in Ohio, basically our funding remains flat during that time, until voters approve an increase,” Stewart said. “We don’t benefit from an increase in home values and things like that.” 

    The Hilliard school board in June approved putting the levy on the ballot, and Westerville Schools recently approved a similar bond-levy issue. 

    The second part is to raise $142 million in bonds for facility improvements for phase one of the district’s facility master plan. It will appear as a 1.84 mill levy — that is $64 for every $100,000 of appraised value — to pay the debt charges of the bonds but maturing debt will mean it won’t require additional taxes to be raised. The bonds will bear interest at an estimated 5% annually over a period not exceeding 30 years, according to the resolution.

    Facility improvements 

    The $142 million will fund the replacement of three of the district’s elementary schools: Brown, Beacon and Ridgewood. The renovations would convert Brown Elementary’s building into a 6th grade building and the district would construct a new Brown Elementary. 

    Beacon and Ridgewood would be demolished. Stewart said Hilliard Schools’ facility challenges are less about space and more about the age of the buildings.  

    Brown Elementary opened in 1965, Ridgewood in 1961 and Beacon in 1968, The Dispatch previously reported. 

    Bond money would be spent on renovating elementary playgrounds and improving fine art spaces, security, athletic facilities and performing spaces. Stewart said the exact spaces being improved have not been determined yet, but the plan makes sure those areas will get funded.

    Hilliard School’s website says there will be improvements to Darby High School’s weight room. 

    Back to school: When does your kid return to school? Here’s when classes start in central Ohio

    Bond money would also fund a new preschool that would be attached to the new Beacon Elementary building. This would be the district’s second preschool. While construction happens, students will be moved to different buildings. 

    For example, The Hub, the district’s ‘Innovation Campus’ that offers extra programs not offered at regular schools, would move its high school programming to Station and middle school programming to Tharp, a 6th grade building. 

    The district collected 4 mills to pay off bonds in 2024, according to the school board’s resolution to put the levy-bond issue on the ballot. The district said in an informational statement on its website, that it will not go over 4 mills in property taxes to pay off bonds if the issue is approved in November. 

    DHunt@dispatch.com 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    I Asked a Financial Advisor: Should I Move Everything to Bonds Right Now?

    November 8, 2026

    New James Bond: Two very famous actors in running to play 007 after secret auditions

    November 7, 2026

    Are Dividends The New Bonds?

    November 7, 2026
    Leave A Reply Cancel Reply

    Top Posts

    【$2.7 Billion Inflow to Gold ETFs】Why Assets Under Management Still Fell by 6%. Reading Gold’s “Popularity” and “Price Movement” Separately

    November 8, 2026

    I Asked a Financial Advisor: Should I Move Everything to Bonds Right Now?

    November 8, 2026

    2 ETFs I’d Buy in November and Hold for the Next 20 Years

    November 8, 2026

    Just 11.1% of Families Own Mutual Funds and Other Pooled Investments Outside Retirement Accounts. The Typical Holding Is $200,000

    November 8, 2026
    Don't Miss
    ETFs

    【$2.7 Billion Inflow to Gold ETFs】Why Assets Under Management Still Fell by 6%. Reading Gold’s “Popularity” and “Price Movement” Separately

    November 8, 2026

    In October, $2.7 billion flowed into global gold ETFs. The amount of gold held by…

    Just 11.1% of Families Own Mutual Funds and Other Pooled Investments Outside Retirement Accounts. The Typical Holding Is $200,000

    November 8, 2026

    Using economic news as investment tips: Why I chose AI and semiconductor mutual funds|続ける投資

    November 8, 2026

    2 ETFs I’d Buy in November and Hold for the Next 20 Years

    November 8, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Chase for yield leads mutual funds to Indian state, corporate bonds – ThePrint – ReutersFeed

    March 29, 2025

    CBO TERRITORIA: 2025 ANNUAL RESULTS – Results up, driven by the property investment division

    March 3, 2026

    The Best Global Equity ETFs for Canadian Investors

    August 8, 2025
    Our Picks

    【$2.7 Billion Inflow to Gold ETFs】Why Assets Under Management Still Fell by 6%. Reading Gold’s “Popularity” and “Price Movement” Separately

    November 8, 2026

    Just 11.1% of Families Own Mutual Funds and Other Pooled Investments Outside Retirement Accounts. The Typical Holding Is $200,000

    November 8, 2026

    Using economic news as investment tips: Why I chose AI and semiconductor mutual funds|続ける投資

    November 8, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.