Saturday, February 09, 2008

Spin heard along the way

Spin: Olentangy has a relatively low cost per pupil.

True? Not when you take into account all district funds.

An example: According to the latest data available from the state, Olentangy's bond millage is the 31st highest out of the 614 school districts in Ohio. 31st? Wow, that's expensive! And, it's bound to get more expensive should the levy pass.

It is correct that growing districts pass bond mills to pay for new schools, but they also use bonds to pay for things that other districts fund through their operating budget; items such as capital improvements and technology. And, districts with older building are more likely to incur such expense.

Olentangy has a relatively large demand for new buildings which is offset by a relatively low demand for capital improvements. It's just like a new house versus an older one. The new one has a large mortgage while the older house has high costs for upkeep; normal wear and tear (roofs, AC, etc.)

So, only including the general -- operating -- fund does not tell the true story; a story you recognize when your property tax bill is due.

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