The Upper Arlington Board of Education voted unanimously Aug. 5 to place a 4-mill continuing operating levy on the fall ballot.
If approved by voters, the 4-mill levy would generate about $6.3 million per year for the district and would cost homeowners an additional $140 per year for every $100,000 of home value, according to district Treasurer Andy Geistfeld.
The failure of the 5.8-mill levy last November led to budget reductions of about $13.4 million, most in personnel cuts that eliminated approximately 40 staff positions. The district also saved about $3.3 million in medical insurance premiums by requiring employees to pay a larger share of their health insurance costs, Geistfeld said.
Superintendent Paul Imhoff said the lower millage is possible this year because of the budget reductions and because of a new efficiency project that aims “to reduce forecasted costs by a cumulative $4.5 million by the end of fiscal year 2017.”
He also said if voters approve the 4-mill levy, district leaders will commit to making the funds last at least four years.
For more on this story, see the Aug. 8 edition of ThisWeek Upper Arlington News.