2 more districts will go to voters
By Bill Bush and Kevin Kidder THE COLUMBUS DISPATCH
Two more central Ohio school districts decided last night to seek November bond issues.
Worthington schools began the process of putting a $37.5 million bond issue on the ballot that, if passed, would pay for building repairs and buy computers and buses.
Treasurer Jonathan Boyd said the district still would need to ask voters for more operating money next year.
The Pickerington board chose the larger of two bond options: a $59.9 million issue that would pay for two new elementary schools and a middle school. The other alternative, which would have cost $38.3 million, would have paid for only the two elementary schools.
Worthington and Pickerington join a growing number of local school districts seeking November tax issues. In Franklin County, Canal Winchester, Groveport Madison, Reynoldsburg and South-Western schools are placing requests on the ballot.
Worthington
The Worthington Board of Education voted 5-0 to ask Franklin County Auditor Joe Testa?’s office to estimate the millage required to repay $37.5 million in bonds, which Boyd said could be issued in phases over a number of years. Each bond issued would have a life of no longer than 15 years, officials said.
The district would refinance current district bonds set to expire by the end of 2013, lowering the millage required to make debt payments, board member Marc Schare said. It would then issue new bonds, but in increments that would keep the total millage below 3.8 mills, he said.
''If (interest rates) for whatever reason suddenly go sky high, if we can?’t keep our promise, we won?’t issue the debt,'' Boyd said.
It?’s not yet clear how much the bond issue would cost residents.
The board will meet Monday to finalize putting the levy on the November ballot, board President Gary Tyack said. The board will discuss a resolution, drafted by Schare, that will set target goals on how much of the bond money is to be spent on each of the district?’s problems to be addressed, including additions and renovations to schools, purchasing new school buses and buying textbooks.
''It will also deal with the oversight,'' Tyack said. ''It will try to set up a method for spending such funds as we decide to borrow.''
Pickerington
In Pickerington, the vote was unanimous to put the larger of two bond issues on the November ballot. The bonds would be paid off with a property tax collected at an average annual rate of 3.8 mills, and would cost the owner of a $100,000 home $116.38 per year in taxes.
If the bond isn?’t approved and new schools not built, it could mean split sessions by 2008, said board member Jim Brink. ''If we don?’t get this passed, everyone in the community will be hurting, not just the kids.''
Pinched by overcrowding, Pickerington has asked residents for money to build more elementary schools for four straight elections. But voters have turned the district down each time.
In May, 51 percent of voters rejected a $36 million bond issue that would have paid for two schools, land and several improvement projects.
Officials say they have little to no room to expand at the existing schools.
Earlier this year, they informed parents that drastic action would be taken if two new schools can?’t open by the 2008-09 school year.
''We need these schools,'' said Vice President Gail Oakes, who said the bond issue, if passed, would allow the district to not have to play catch-up with enrollment.
''We either move forward together as a community or we continue to founder.''
Pickerington averages 425 new students a year and is about 750 students over capacity at its five elementary schools.
bbush@dispatch.com
kkidder@dispatch.com