Key Questions
0/6
Days until Vote
17
Tax Impact
$2,257/yr
New Students
~1,000
Key Questions
0/6
Days until Vote
17
Tax Impact
$2,257/yr
New Students
~1,000

Financial Impact Calculator

During the years-long planning phases for Heath Hills, the City of Heath repeatedly dismissed Granville School's financial concerns, telling Granville representatives Those are Your Problems.

The commission did suggest a 6.5 mills special tax on these homes to fund Heath's city services, but none of that revenue was to be shared with Granville Schools - leaving the full cost of unfunded education on Granville EVSD taxpayers.

We appreciate that the Heath city council has delayed their approval vote until a working group - including Granville representatives - can address these concerns.

Move the sliders to calculate the exact financial impact different proposed build-outs of Heath Hills would have on Granville Schools and taxpayers.

526
450600
1.6
0.82.0
New Students842
GEVSD Size134.4%
*An independent enrollment consultant (Wolpert Inc./Cooperative Strategies) estimated Students per House for this subdivision at 1.6. Read more on the FAQ page

Operating Budget (Annual)

Cost to Educate
-$12,075,122
Property Tax Revenue
+$2,576,328
Income Tax Revenue
+$789,000
State Funding
+$0
Annual Operating Impact
-$8,709,794
(10.54 Mill)

Construction & Bond Impact
(Annualized)

Total New School Buildings
$55,000,000
Annual Bond / Debt Service
-$3,344,123
Net Annual Capital Impact
-$3,344,123
(4.05 Mill)
NET ANNUAL IMPACT
-$12,053,917
to Granville Schools each year (14.59 Mills)

Even in the most optimistic scenario, Granville Schools face a significant shortfall. This gap will likely require new local levies (estimated at 10.54 mills operating + 4.05 mills for new buildings).

Do you live in the Granville School District?

Use the calculator below to compute your annual tax increase

Find your appraised value with OnTrac
$
Assessed value (35%):$157,500
YOUR ADDITIONAL ANNUAL TAX
based on current scenario
+$2,299
Operating Budget
New students & income taxes
Annual impact
+$1,661
Bond - New Buildings
$55M / 30 yrs @ ~4.5%
Annual impact
+$638
CUMULATIVE IMPACT (no inflation)
PeriodTotalOperatingBond
1 Year+$2,299+$1,661+$638
10 Years+$22,990+$16,610 +$6,380
30 Years+$68,970+$49,830 +$19,140

Based on current sliders • 35% assessed ratio • No inflation included

This site was built by Granville and Licking County residents concerned about the proposed Heath Hills development and its impact on our schools, infrastructure, and quality of life.

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