Community Authority Rolloff

How does the Community Authority Rolloff impact residents? 

What will appear on the November 5, 2024 ballot?

The November 5, 2024 ballot will include language to approve 4.46 mills.  However, our two phase project approach will allow for the restructuring of the District’s current bond debt with scheduled tax roll-offs, including 1.95 mills of special assessment for Community Design Charge enacted via the New Albany Community Authority that will expire for tax collection December 31, 2024, to benefit our taxpayers.

With financial and land donation commitments by our partners at the City of New Albany and the New Albany Company (NACO), we are able to present a reduced bond issue on November 5, 2024 that asks the majority of our taxpayers to keep paying 1.45 mills of the expiring 1.95 mills special assessment for community design charge enacted via the expiring Community Authority.  

Residential and business properties in the New Albany Community Authority district may be found here.

The Community Authority, enacted in 1996, assessed a $38.1 million dollar community development charge for all properties originally owned by NACO to provide funding for specific projects in our community.  Eighty-one percent (81%) of the expiring special assessment for community design charge paid to build the middle/high school campus ($28 million dollars) and Fodor Road for access to our learning campus ($2.7 million dollars), while an additional sixteen percent (16%) of the Community Authority funding paid for other public road, water, and sewer infrastructure ($6.1 million dollars) and the remaining three percent (3%) funded the purchase of a ladder truck and partially funded the construction of the Plain Township Fire Station ($1.2 million dollars).  

Any parcels not included within the New Albany Community Authority district (taxpayers residing in our school district boundaries that have NOT been paying the special assessment charge via the New Albany Community Authority district) will experience a 1.45 mill tax increase of $50.75 per $100,000 of home valuation.