ISSUE 5: Do You Know? 

Understanding the Financial Cost: What Does No-New-Tax-Rate Mean?

FACT: The district can structure the bonds to keep residents’ tax rates the same, because district bonds that were issued in 2000, with an effective tax rate of 2.05 mills, are scheduled to expire in 2027. The bond expiration would occur near the same time that Issue 5’s new bonds, with the same tax rate of 2.05 mills, would be issued. This essentially keeps residents’ property tax rates the same as today. Bexley City Schools has long used a combination of property tax and school district income tax to support district operations, and both revenue sources would be used to pay off the 30-year debt (bonds). This combined approach distributes the funding across both property owners and taxpayer income.

You are encouraged to learn more about Issue 5 on the school district’s website at bex.fyi/issue5. 

 

Facilities Improvements & Issue 5: What’s Actually in Phase I?

Click image to view video

Click on the above image to learn about Issue 5 online

 

District to Hold Community Information Meeting on Issue 5

Monday, Sept. 28, 6:30 p.m.

Bexley residents are encouraged to attend a community information meeting discussing Issue 5 on Monday, Sept. 28, beginning at 6:30 p.m. in the High School Library. District officials will be on hand to answer questions and share information about how the proposed Phase I would be funded, what the plan includes, and how the district would move forward after November. Building tours of Cassingham Elementary, Bexley Middle School and Bexley High School will be offered. 

Published Sept. 24, 2026 | District Newsletter