On behalf of our Board of Education, the administration, the teachers, and the staff members of the Indian Hill School District, I am pleased to present to you our
fifth-annual Financial Prospectus. The report is available in digital format on our District website (indianhillschools.org) and will be printed and mailed to all Indian Hill School District residents. The message we have to deliver is one of fiscal stability, fiscal responsibility, and strategic investment to deliver the excellence our community both expects and deserves.
As a school district, we just completed the first calendar year for collecting on the combined operating and bond issue passed by the community May 4, 2021. As a reminder, the bond issue is a 30-year financial commitment that generates an estimated $77 million for our facilities. The operational levy is a five-year commitment that generates an estimated $3.3 million per year for five years in operating funds with an option to place a renewal on a future ballot.
Stakeholder support allowed us to start the work to Build a Brave Future for generations to come. A drive down Drake Road is proof that we are a campus under construction. The scope of work includes building a new gymnasium and Unified Arts wing to replace the “sawtooth” at Indian Hill Elementary School, building a new Indian Hill Middle School building, and making significant safety and mechanical upgrades across our campus.
We want to offer a sincere message of gratitude to the Indian Hill School District community for supporting the excellent educational services our District provides, from our facilities to our unparalleled programming.
Our hope is that this annual financial report provides you with a snapshot of the way we do business as a nationally ranked K-12 learning institution. Should you have any questions related to our District’s finances, I encourage you to reach out to me directly.
It is an exciting time to be a Brave.
Sincerely,
Mick Davis
CFO/Treasurer
Indian Hill Exempted Village School District
Posted January 10, 2023