This morning, the Loudonville-Perrysville Exempted Village Schools Board of Education voted to approve the Resolution to Proceed with a proposed income tax and bond issue slated for the May 2025 ballot. This decision follows the unanimous approval of the Resolution of Necessity earlier this week.
If approved, the May 2025 proposal will include a 6.62-mill bond issue paired with a 0.25% income tax to fund the district’s updated Master Facilities Plan. This plan focuses on constructing a new PreK-12 building on the high school campus, addressing facility needs while reducing costs for taxpayers by $12.5 million compared to the previous November 2024 proposal.
Superintendent Jennifer Allerding emphasized the vital role of community collaboration in shaping the updated plan: “This proposal is the result of the collaboration and thoughtful review conducted with our Treasurer, financial consultants, Garmann Miller—a K-12 school architectural firm—and, most importantly, our community. We listened carefully to residents’ feedback and worked diligently to craft a plan that addresses the needs of our students and acknowledges the concerns about the cost to taxpayers.”
The district’s total plan is estimated at $69.2 million, with state funding for approximately $15.5 million and a $12.5 million contribution from the district. The remaining cost of the project would be funded through the proposed tax levy, which would combine a 6.62 mill bond issue with a 0.25% income tax.
For those living in the Loudonville-Perrysville School District, a 0.25% income tax will cost $125/year per $50,000 of income for a term of 23 years. The 6.62 mill property tax levy will cost homeowners $231.70/year per $100,000 of county auditor appraised value for a 37-year term.
The Loudonville-Perrysville Exempted Village Schools will continue providing updates as the May 2025 election approaches. Additional information will be available on the district website in the coming weeks.