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ELECTION UPDATE | Voters OK most Valley levies



Published: Tue, March 6, 2012 @ 10:45 p.m.

Austintown's 2-mill levy won with 3,963 votes cast in favor and 3,537 against.

It was a rougher night for Poland Schools. Voters rejected a 3.8-mill levy with 2,892 against compared to 2,176 voters who supported it.

Poland Schools' 1 mill renewal was approved with 3,114 votes in favor and 1,972 against.


Comments

1stewie(109 comments)posted 2 years, 5 months ago

Well after going down three times, maybe now they will get the message loud and clear!

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2RealTruth(111 comments)posted 2 years, 5 months ago

They'll have to keep asking because they can't pay for that stadium AND keep the administrator's and teacher's wages where they are.

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3spinman(70 comments)posted 2 years, 5 months ago

It's not the stadium. It's the lies !!!

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42muchtax(312 comments)posted 2 years, 5 months ago

Maybe Poland should start asking thier executives to start paying for their own retirement like private employees have to that should save them a bundle. Until then vote no!

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5stewie(109 comments)posted 2 years, 5 months ago

Maybe they should start having the faculty start paying for parking the same as they have been charging the students to park in the school parking lot!
Can you believe that load of crap?! Ill keep voting against the levy as long as these weasels are in charge!

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6spinman(70 comments)posted 2 years, 5 months ago

Close a school save a million per year. Make administrators pay towards their STRS . They get 24% of their salary contributed. They contribute ZERO !!!
Pay nothing towards health benefits and the Board President says there is nothing more to cut.

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7poland21(96 comments)posted 2 years, 5 months ago

SPINMAN: How would closing a school save $1 million a year?

All closing a school would do is MAYBE eliminate one teacher in each K-4 grade if you split the kids up btw the remaining two schools. Utilities, janitorial and 5 teacher salaries do not equal $1 million a year.

STEWIE: I graduated 20+ years ago from another district and students paid a parking fee back then. It is hardly a new idea! And you know as well as I do that the state mandates the school continue to place levies on the ballot in order to balance the budget.

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8RealTruth(111 comments)posted 2 years, 5 months ago

Spinman:

The funding for the stadium project is one of the lies. People were led to believe it was built by donations when, in fact, they borrowed $3,000,000 around 2010 to fund it from Farmer's Bank.

The payments for loans amount to over $730,000 per year for 20 years . . .

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9polandfan(24 comments)posted 2 years, 5 months ago

Well Real Truth...at least you're getting CLOSER to the Real Truth, but you still have a lot of facts wrong.

You used to say it was $4M and now you finally got it right at $3M. But the $3M was NOT for the stadium ONLY...it included improvements at every school...like the new classrooms added to the HS, new windows put on Union, ect....

But you still want to say the payment is $700,000/year...which anyone with any sense would know is complete B.S. If it were, the loan would be paid off in another year or two!!! Cut your figure in half and I think you might be able to retain your name.

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10meagain(80 comments)posted 2 years, 5 months ago

I would hope anyone seeking reality wouldn’t be looking for it on a Vindicator message board. So many posts are filled with jealousy and hate. It truly is filled with half truths and partial realities. The real truth won’t be found here. If you believed the stadium was funded via donations you lived under a rock or believed what you wanted to hear. Turf – yes. Stadium – no. If you paid any bit of attention it was very clear how it was being funded. There are so many rumors and half truths flying around. Be informed. Don’t believe the jaded ramblings you read here or pick up at the ball field. The only reality you can be sure of is the one you seek on your own free of vindictive intent.

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11RealTruth(111 comments)posted 2 years, 5 months ago

Dig it up for yourself in the Ohio Auditor's site.

I never said $4 million. At the bottom of the Auditor's page, the annual payments are listed individually by year. They are each in excess of $730,000. There's such a thing as "interest" on loans. That's probably why it will not be paid off for 20 years.

I believe the figure $2.2 million was spent on the stadium. They borrowed $3 million in 2010. It's all right there in black and white.

polandfan, did you take math classes at Poland?

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12polandfan(24 comments)posted 2 years, 5 months ago

Yes, I sure did take math classes at Poland, which is why I know the numbers you are stating here are pure 100% bull.

$3M was borrowed ($2M for stadium and $1M for improvements to all schools) on a 15 year note @ 3.85% interest. Payment is $262,000 annually. Three years have already been paid, with 12 years left. Total cost of loan with interest = $3,930,000.

If we are to believe you and your fuzzy math, the school district is paying $700,000 for 15 years. Must be an interest rate somewhere around 20%, huh?. Total cost of loan with interest.= $10,500,000.

I rest my case. Who has their facts straight here?

Won't even get into the fact that this annual loan amount is being funded by energy savings and Coca-Cola. Just keep beating the drum of negativity.

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13RealTruth(111 comments)posted 2 years, 5 months ago

Auditor's Site ---

"In fiscal year 2008, the District entered into a $3,000,000 lease-purchase agreement with Farmers
National Bank to finance the eventual construction of a new stadium. The sources of revenue to fund
the principal and interest payments are derived from general operating revenues of the District.
In conjunction with the lease-purchase agreement, the District entered into a ground-lease
agreement whereby the District subleases the real property upon which the Project is being
constructed to the First Place Bank. The District is the lessor and First Place Bank is the lessee under
the ground-lease agreement. The ground-lease commenced on May 17, 2002 and terminates on May
1, 2032 or earlier upon the termination of the lease-purchase agreement or the District’s exercise to
take advantage of the purchase option.
The following is a schedule of the future minimum lease payments required under the capital lease
obligations and the present value of the future minimum lease payments as of June 30, 2009:
Fiscal Year Ending June 30,
2010 736,406
2011 736,406
2012 736,406
2013 736,406
2014 648,774
2015 - 2019 3,245,281
2020 - 2024 2,984,461
2025 - 2027 1,151,163
Total Minimum Lease Payments 10,975,303
Less: Amount Representing Interest (3,237,616)
Present Value of Minimum Lease $7,737,687"

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14commoncitizen(961 comments)posted 2 years, 5 months ago

polandfan, looks like Real Truth has his figures (from another source) not just "words". ???

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15spinman(70 comments)posted 2 years, 5 months ago

Polandfan...can you tell me how the 262k in annual energy savings is calculated. How can you save 262k in energy when energy costs were never 262k annually...Keep drinking the kool-aid....

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16valleygirl80(1 comment)posted 2 years, 5 months ago

Just think about the kids who will suffer....cutting the Elementry program, making kids "pay to play" sports.....and worse...open enrollment! Who wants the Youngstown trash entering Poland?!!

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17valleypoboy(104 comments)posted 2 years, 5 months ago

After all the cuts the board has made, the are still CONSIDERING fees for pay-to-play. So they tick off everyone with the Taj of sports stadiums, then sit around scratching their head as to what cuts can be made. Sure, it doesn't save a huge sum but it sends the right message. It is really too bad many students and good programs will have to suffer because of these bonehead (even pigheaded) decisions. Back at the candidates night many talked about more public involvement. Apparently they only want to listen to those who are more concerned with a winning football team than with education.

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