Tuesday, March 04, 2008

Olentangy Levy -- Voter Check-List

Here's a final check list as you prepare to vote. I encourage you to read all my other postings so you can understand that there is no need for the March levy.


Let's focus on just five of the things we know:

  1. The $10.5 million in cuts is not required.
  2. Bond investment is available and can be used.
  3. The administration and board have no intent on negotiating tighter contracts.
  4. Schools cannot be closed to the public, churches are safe.
  5. The last year(s) of all district levies have deficit spending.
Additional explanation:
  1. The cuts list is a threat; plain and simple.
  2. The fact that there is bond investment income means that the district is not selling bonds only when bond money is needed. I don't think anyone wants the district to sit on a pile of bond money -- funded by tax dollars -- so that investment income can be earned. The board will consider this option after the levy fails.
  3. The negative balance in FY09 is cleared by tighter negotiations. It's that simple. The district is not currently proposing this as a solution, but it will after the levy fails.
  4. The district can't close schools to the public. Never could. State laws will not allow it.
  5. Deficit spending in the out-years of a levy is normal, in fact all district levies are structured that way -- including the one on the ballot.

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