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Cost Calculations

A modern, multi-story building with glass facades and a prominent sign reading %22Springfield Clark CTC%22 stands in the foreground, with a school bus and pedestrians visible in the surrounding area.

What will the project cost?

The total project is estimated to cost $90 million.

The new facility would be built on the existing property - CTC owns over 100 acres. No additional funds will be needed to purchase land.

How will it be paid for?

The building would be paid for through a combination of state and local dollars. 

CTC has been approved to receive $38.7 million in funding from the state through the Ohio Facilities Construction Commission (OFCC). The funding from OFCC is 40% of the total project cost. 

The remaining funds would be raised through a combined bond issue and a tax levy for 1.4 mills. The bond issue for .94 mills is for 37 years. The tax levy for .46 mills is permanent.

Funding Sources

 

Pie chart that shows LFI/CTC is paying 35%. OFCC is paying 40%. CTC is paying 25%.

What will the cost be to property owners?

1.4 mills is equal to $49 a year or $4.08 monthly per $100,000 of Appraised Value.

How much will it cost me?

The cost per property owner is based on the Clark County Auditor's appraised value.  Appraised value is NOT the same as market value. 

Find Your Appraised Value

CTC By the Numbers

The image displays the text %22$1.2 MILLION%22 prominently in the center, with an icon of a dollar bill below it. The background is plain white, and the text and icon are in a blue color.
The image consists of numerous blue graduation cap icons arranged in a grid pattern, with the text %2297% of CTC graduates are employed, enlisted, or enrolled six months after graduation.%22 and %22CTC gets students READY!%22 displayed below.
The image depicts an icon representing career-tech education, with a person surrounded by symbols for a globe, book, and graduation cap. The text below states that career-tech education is in demand, with increasing student and employer interest in CTC (Career and Technical Centers), which aim to get students ready.
The image displays an icon representing a certificate or credential, along with text stating that CTC students earned over 1,300 industry credentials and certifications last school year, and that CTC gets students READY.
The image contains a graph-like icon with upward-trending bars, representing the increase in CTC applications. The text below the icon provides additional information about the significant increase in the number of students turning away for the 2024-25 school year.