Akron City School District – Proposed Bond Issue and Tax Levy –

Shall the Akron City School District be authorized to do the following:

(1) Issue bonds for the purpose of constructing, furnishing, and equipping a new high school to replace the School District’s existing North High School, with related site improvements and appurtenances thereto; acquiring, constructing, furnishing, and equipping new facilities for school district purposes, with related site improvements and appurtenances thereto; and acquiring land, and interests in land relating thereto in the principal amount of $85,000,000, to be repaid annually over a maximum period of 37 years, and levy a property tax outside the ten-mill limitation, estimated by the county fiscal officer to average over the bond repayment period 1.29 mills for each $1 of taxable value, which amounts to $45 for each $100,000 of the county fiscal officer’s appraised value, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?

(2) Levy an additional property tax to pay current operating expenses that the county fiscal officer estimates will collect $26,438,000 annually at a rate not exceeding 7.6 mills for each $1 of taxable value, which amounts to $270 for each $100,000 of the county fiscal officer’s appraised value, for a continuing period of time?

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Editor-in-Chief (she/her)
Zake has deep roots in Northeast Ohio journalism. She was the managing editor for multimedia and special projects at the Akron Beacon Journal, where she began work as a staff photographer in 1986. Over a 20-year career, Zake worked in a variety of roles across departments that all help inform her current role as Signal Akron's editor in chief. Most recently, she was a journalism professor and student media adviser at Kent State University, where she worked with the next generation of journalists to understand public policy, environmental reporting, data and solutions reporting. Among her accomplishments was the launch of the Kent State NewsLab, an experiential and collaborative news commons that connects student reporters with outside professional partners.