Yes, potentially. The State contribution is based on a ranking system that ranks Rootstown against the other school districts in Ohio. That rank compares the wealth of one district to the others. As districts’ wealth changes from year to year, so might their percentage of State funding, which means Rootstown is at risk of changes in state funding each time the bond issue is delayed.
If we wait past November to pass this ballot issue, will there still be State money left?
Many other school building levies have passed lately, over 60% of all ballot issues in the last two election cycles compared to under 40% prior to that. The State's endowment fund is going to be leveraged more next year than this year. They are likely to steadily reduce the number of districts they can fund for the next few years. Fortunately, we are at the top of list for funding. However, another delay in passing the bond issue could jeopardize our position.