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Oakwood Schools presenter outlines $34.1M budget and board-approved 4.74-mill bond for May 2025 ballot
Summary
Oakwood Schools reported a $34.1 million budget with 71.1% directed to classroom instruction and said the board approved a 4.74-mill bond to appear on the May 2025 ballot; the bond would generate about $40 million for HVAC, safety and turf work if voters approve it.
The presenter for Oakwood Schools said the district is operating on a $34,100,000 budget and that "71.1% of funds go directly towards classroom instruction." The presenter also noted the district has earned an "auditor of state award with distinction" and a Moody's Aa2 credit rating.
The presenter said the district approved a 4.74-mill bond in January to place on the May 2025 ballot. "This bond, if approved, would generate $40,000,000," the presenter said, and described the funds as intended to complete HVAC, electrical, mechanical and plumbing work at the district's two elementary schools, Smith and Harmon, and to fund safety and preservation projects across district facilities.
District officials described a limited Phase 2 scope at the junior high and high school: HVAC work in the freshman hallway, cafeteria and weight room; safety-related work at Mac Hammond Stadium home stands; and turf replacement at Lane Stadium. The presenter framed those projects as part of the district's ongoing master facilities plan.
On local tax impact, the presenter said the bond levy would cost an estimated $165.90 per $100,000 of home value if approved by voters. The presenter also warned of fiscal uncertainty tied to the state budget, saying that potential losses in state revenue related to the governor's proposed 2025 budget could "severely impact our schools." No board vote tallies or mover/second details were provided in the presentation.
The board's action in January to place the bond on the ballot is a procedural step; the final decision rests with voters in May 2025. The district said it will continue to present details to the community ahead of the election.
