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Frequently Asked Questions
A bond proposal is when a school asks the community for permission to borrow money for capital expenditure. It is similar to a home mortgage: a person borrows money and pays it back over time. And just like you can’t use a home mortgage to buy groceries, a school bond can only be used for specific items, not for everyday costs like supplies or salaries.
A mill is a unit used to help calculate property taxes. One mill means you pay $1 for every $1,000 of your home’s taxable value. It's the community’s way of measuring how much each property owner contributes to shared services, such as schools, libraries, parks and public safety.
If approved by voters, the Ravenna Public Schools debt millage rate of 7.6 mills is estimated to remain the same as the current levy, meaning no tax rate increase to property owners. Instead, the district would continue levying 7.6 mills, but the repayment period would be extended to cover the new bond.
No. It is projected that taxpayers will continue to pay 7.6 mills until 2034.
The district partnered with architects and construction experts to review all school facilities and identify current and future needs. The district and Board of Education sought community feedback through surveys, one-on-one conversations, and community forums. Wanting to be good stewards of taxpayer dollars, they made it a priority to hear from the people who fund these projects and will benefit from the improvements.
That input, along with the age and lifespan of equipment and how each need affects student learning and safety, helped determine priorities. This ensured decisions were fair, transparent, and focused on students.
Spending is subject to public reporting, audits, and board approval, ensuring transparency and accountability.
People without children in the schools still benefit because strong school facilities help protect home values and the overall health of the community. Well-maintained schools signal stability, attract families and employers, and make the district a more desirable place to live, whether or not you have kids in the system. When buildings are allowed to deteriorate, it affects community perception, slows growth, and can drag down property values. Investing now helps maintain the quality and reputation of Ravenna Public Schools, which benefits every property owner, not just families with students.
Because many systems are already beyond their expected lifespan. Delaying repairs increases costs, raises the risk of failures, and reduces the district’s ability to plan responsibly.
The District’s overall tax base has changed with the addition of the Moorland Solar Farm. This new taxable property helps support bond repayment and allows the District to address a broader range of facility needs while maintaining the existing millage rate.
The district will not have the capital needed to complete the planned work. Projects would be delayed, scaled back, or not completed at all, while costs continue to rise.
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