In February 2021, things started to look up as additional state funding resulted in positive balances in the district's five-year spending plan through fiscal year 2023. Talks about the operating levy began to ramp us as the district was required to submit a plan in early 2021 to the state describing how it would get out of the deficit shown in the third year of its financial forecast. In 2020, the district went into deficit spending, with the five-year forecast predicting the district operating in the red through 2023 despite an injection of federal Elementary and Secondary School Emergency Relief Fund dollars. School leaders, Stutz said, had hoped to hold off for a few years before needing to turn to voters for the operating levy but things changed in early 2020 as the COVID-19 pandemic ramped up.
The district last passed a new operating tax measure in March 1996. New Perry schools: New Perry elementary schools to feature art, railroad and agriculture themes New Perry schools: 'It is still awesome.' Perry Local shrinks plan for new elementary schools School officials have been discussing the need for additional funding for years and placing the tax on the ballot represents phase two of the district's long-term plan, Stutz said. They looked at long-term planning and the district's financial history, as well the district's fiscal responsibility to taxpayers. Officials looked at three things when making the decision to seek new operating money, he said. "That is part of the reason we tried to be clear when pursuing it that we would be coming back for new money." "The reason is it is illegal," he explained. Stutz explained that funding is earmarked for the project and cannot be used for anything other than that. The 3.9-mill bond issue will generate $58.3 million over its 35-year term. The 1.5-mill improvement levy will generate $18.9 million during the life of the bond issue. In 2020, voters approved a combined bond issue and permanent improvement levy to fund the district's share of the project and pay for state-funded portions until the money is received from the Ohio Facilities Construction Commission. Why is Perry Local Schools seeking more money now?
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