The New Albany-Plain Local school board on July 28 unanimously approved a resolution of necessity to put a permanent 6.9-mill operating levy and a permanent 2-mill permanent-improvements levy on the Nov. 4 ballot.
The operating levy would generate $5.74 million each year and cost district homeowners about $241.50 per $100,000 of assessed property value, according to Dave O’Neil of the Franklin County Auditor’s Office.
The permanent-improvements levy would generate $1.66 million per year and cost year and cost district homeowners about $70 per $100,000 of assessed property value, according to O’Neil.
District officials have said the operating levy would prevent a $5 million deficit in fiscal year 2016 and allow the district to continue progress on its strategic plan.
The district’s most recent operating levy, approved by voters in November 2012, is a permanent 4.24-mill operating levy to generate $3.51 million annually.
The levy was paired with a 2.59-mill bond issue for $45.1 million to pay for a new school building and site improvements. The bond and levy cost homeowners $209 per year per $100,000 of assessed property value.
The district also has a 24.4-mill permanent operating levy approved in 2008 that collects $21.7 million per year. The permanent levy, which was a first for the district, costs homeowners about $750 per year per $100,000 of assessed property value.
The district's most recent permanent-improvements levy expired in December 2009 and the permanent-improvements fund is down to $120,000, according to district officials.