1. Our schools are nearly full, and we need more room to address enrollment growth. Our schools need the space and facilities to provide high quality education to an estimated 1,100 students per grade level. A new report by McKibben Demographic Research, LLC, forecasts total district enrollment to increase by 1,367 students, or 12.6%, between 2021-22 and 2026-27. Total enrollment will increase another 681 students, or 5.6%, from 2026- 27 to 2031-32. This following an enrollment growth of more than 3,660 students since 2006 and by more than 1,800 in the past five years alone.
2. Franklin Central High School’s core is almost 50 years old and – like a 50-year-old home – requires extensive replacements and upgrades in heating, plumbing and electrical systems and roofing.
3. These structural upgrades and improvements, along with additional space for a growing enrollment, are needs that will persist. A delay in addressing them will not make the needs disappear but will result in more costly solutions later because of general inflation and substantial increases in construction and material costs, which have been exacerbated by supply chain issues. Interest rates have been historically low, but all indications are that they will begin increasing in 2022.
4. FTCSC is among the top performing school districts in Indiana. An investment now keeps our schools competitive, and strong schools equal strong property values. ALL school corporations in Marion County have approved referenda with the exception of FTCSC, allowing the likes of Warren Township, Perry Township, Indianapolis Public Schools, Beech Grove, Pike Township, Wayne Township, Washington Township, Lawrence Township and others to build facilities to address growth.
According to a National Alliance of Business report “The second most often cited reason for a business selecting a particular location is the quality of the schools.”
Good schools are also shown to attract and retain families. A community that attracts families and businesses tends to have a stronger tax base, higher home values, and a tax burden that is spread more widely.
- Residents living within the Franklin Township school boundaries pay the lowest residential property taxes in Marion County.
- FTCSC is the only Marion County district that has not received referendum funds.
- FTCSC is the only school district in Marion County to see enrollment growth during the first year of the pandemic.
(This article updated 2/25/22)