Alder likely to seek levy renewal on March ballot


Three-quarter percent income tax to generate $2.1 million

By Jane Beathard - For The Madison Press



Renewal of a 0.75 percent income tax will likely appear on the March 15 primary ballot for voters in the Jonathan Alder Local School District, following action by the board of education on Monday.

Members approved the first of two resolutions needed to put the issue before voters next year. A second resolution will be on the agenda at the board’s Nov. 9 meeting.

The proposed renewal to support operations will run 10 years. The current .75 percent income tax, due to expire in December 2016, was collected for five years.

Treasurer Aaron Johnson said renewal is necessary for the district to maintain a good financial position. It is expected to generate $2.1 million in revenue and leave the Alder district with a $3.9 million cash balance at the end of the 2017 fiscal year.

Johnson said a $3.9 million balance is needed to meet acceptable accounting practices. The 2015 fiscal year ended with a $2 million balance.

Moody’s Investor Service gave the Alder district an A1 GO rating in September, following two years of cutbacks and belt-tightening.

Moody’s cited “significant recent improvement in district financial operations that is expected to continue” as a reason for the high rating.

Also on Monday, board members approved 30 hourly positions to support implementation of the federal 21st Century Grant at Plain City and Monroe elementary schools.

Under terms of the grant, Monroe will receive $1.1 million for after-school clubs and academic programs during the next three years.

Plain City received a similar amount in 2014 to support both before and after-school programs.

Grant money will pay for aides, academic coaches, parent coordinators and administrative aides needed for the activities. Board-approved salaries for after-school aides and coaches run from $14.28 to $22 per hour. Parent coordinators and administrative aides will receive pays of $3,000 to $6,000.

Misty Swanger, curriculum director, said Monday marked the first day of 21st Century Grant programs at the two elementaries. She reported all operations “went smoothly.”

http://aimmedianetwork.com/wp-content/uploads/sites/37/2015/10/web1_New.Alder_.Logo_.jpg
Three-quarter percent income tax to generate $2.1 million

By Jane Beathard

For The Madison Press

Jane Beathard is a contributing writer for The Madison Press.

Jane Beathard is a contributing writer for The Madison Press.

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