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Permanent improvement funds pay for maintenance, repairs, school buses and technology. Reynoldsburg City Schools currently collects two permanent improvement levies - a half mill levy approved by voters with the 2008 bond issue and a 2 mill levy that has been renewed by voters every five years since 1976.
The 2 mill levy is set to expire in December 2011, and voters will not be asked to renew it. Maintenance and technology needs will be funded instead by savings from the recent construction projects. The levy generated $1 million annually.
The 2 mill levy can be allowed to expire for three reasons:
- Good Management: Our ongoing construction projects, funded by the bonds voters approved in 2008, were bid in a favorable climate. Building costs were lower than anticipated, and the district chose to stick to the approved plan rather than adding bells and whistles.
- Smart Planning: The community’s desire to maintain a single-high school identity made it unnecessary to duplicate athletic and other features at both sites. Instead, we are investing in our current facilities – the Livingston football stadium and soccer fields at Baldwin Road, for example – so that our community has up-to-date but not redundant sports facilities.
- Community Investment: Reynoldsburg has invested in its school buildings. When the Livingston Avenue campus renovation is completed next year, every school will be new or newly renovated. That will result in lower maintenance and repair costs in the years to come.
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