The Grandview Heights City School District's financial advisory committee will present its initial findings May 29 on the funding, phasing and scope of a proposed facilities plan for the district.
The 14-member committee will provide its preliminary recommendations at the meeting, which will be held at 6:30 p.m. May 29 in the Grandview Heights High School auditorium, 1587 W. Third Ave.
"These will be their initial findings based on the deep-dive research and study into seven core outcomes we've asked them to look at," Superintendent Andy Culp said.
The committee was asked to examine issues relating to:
* The recommended facilities plan Culp presented in September 2017, which includes renovations to the high school and Stevenson Elementary School buildings and construction of a new grade 4-8 school on the current site of Edison Intermediate/Larson Middle School. The total cost was estimated to be between $45 million and $50 million.
* Facilities plan funding
* The district's operating-levy needs, including whether the district should seek an operating levy in addition to a facilities levy in November 2018
* Facility plan phasing
* Potential funding for renovations to the district's K-12 athletic facilities
* Permanent-improvement funding
* Whether the district should seek funding for a facilities project through the Ohio Facilities Construction Commission.
A number of factors make it clear that it would not be in the district's interest to pursue OFCC funding, Treasurer Beth Collier said.
"The financial advisory committee did look at that option, but under the formula the OFCC uses to determine how it allocates its funding, Grandview is considered to be a wealthy district and so we would only be eligible for funds to pay for no more than 5 percent of our project cost," she said.
If Grandview decided to partner with the OFCC, it would have to follow the commission's design manual, which would involve additional requirements that likely would boost the cost of a facilities project, Collier said.
And as a district the state considers wealthy, Grandview likely would be far down the list for when OFCC funds would become available, she said.
"That's assuming funds would be available once it was our turn," Collier said.
Other recommendations from the financial committee will be revealed at the May 29 meeting.
After the meeting, residents and district staff members will be able to complete an online survey to give their feedback on the initial recommendations, Culp said. The survey will be available at the district website, ghcsd.org.
That feedback could impact and change the final recommendation that will be presented to the school board and the community at the board's June 27 meeting, he said.
"We've been committed throughout this process and continue to be for this to be a transparent, community-driven process," Culp said. "It's really important that our community members stay involved and give their input."
A video of the May 29 meeting will be posted at the district website for those who are not able to attend the session, he said.
Residents will be asked to complete the online survey by June 14.