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Franklin seeks bond issue to secure state aid in $130 million school construction project

Journal-News |

The Franklin Board of Education approved the overall $130 million project in May. It includes construction of three new elementary schools, which is about 57 percent of the overall project, and those costs will be paid by the state when the funds become available. The district must pass the local bond issue to receive the funding for the three new elementary schools.

The 37-year, 6.52-mill bond issue on the ballot will generate just more than $66 million so the district can participate in the Ohio Facilities Construction Commission’s Expedited Local Partnership Plan. The state said funding for Franklin would be available in 2027.