Side Menu Begins
Side Menu Ends, main content for this page begins

Franklin City Schools Issue #5 - March 19 Levy Facts

 Franklin City Schools has placed an issue on the ballot in March 2024. 

  • Issue #5 is for new operating money. The district has not asked voters for new money since 2014. Prior to that, the district last received new money in 2005 and 1995. 

  • The levy is for 5 years and taxes would first be collected in 2025.

  • The issue is for 6.301 mills, which will raise $3,615,000 annually.

  • The cost to taxpayers will be $221 for a home whose value is appraised at $100,000.

 The district will implement the following changes should the levy fail (changes are approximately $1.15 million dollars)

  • Loss of neighborhood elementary buildings

    • Closure of Anthony Wayne Elementary and Pennyroyal Elementary 

    • Redistricting will impact all elementary students as we reduce the number of campuses.

  • Larger class sizes

  • Certified Staff - 7 positions will be eliminated

  • Administrative Staff - 1 position will be eliminated

  • Classified Staff - 5 positions will be eliminated

  • Pay-to-play cost increase

Bond Issue (New Buildings)

  • The district passed a bond issue in November 2020 to construct new buildings.

  • Construction will proceed regardless of operating expense cuts. 

  • Failure to pass the levy will not affect staff and students moving into the new high school or the middle school renovations.

  • Bond issue funds may not be used for operating expenses.  

Permanent Improvement Funds

  • No operating funds were used to purchase land. These purchases were paid for with permanent improvement (PI) funds. 

  • “Permanent improvement” means any property, asset, or improvement with an estimated life or usefulness of five years or more.

  •  PI funds may not be used for operating expenses.

Ballot Language

PROPOSED TAX LEVY (ADDITIONAL) Franklin City School District A majority affirmative vote is necessary for passage Shall a levy be imposed by the Franklin City School District for the purpose of the emergency requirements of the school district in the sum of $3,615,000 and a levy of taxes to be made outside of the ten-mill limitation estimated by the county auditor to average 6.301 mills for each $1 of taxable value, which amounts to $221.00 for each $100,000 of the county auditor's appraised value, for a period of 5 years, commencing in 2024, first due in calendar year 2025?