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Middletown Journal in Middletown, Ohio

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Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Jul 27, 2013

Page

2

Funding shifts boost four area colleges in state share

Ohio higher education funding shows increases for the University of Cincinnati Wright State Ohio State and Clark State while several local schools face reductions Central State University Cincinnati State Technical and Community College and Miami University Middletown see cuts and Miami Middletown gains a one time state payment to blunt losses Clark State gains amid revised projections with Miami Middletown reviewing budget impacts Associate Provost Michael Pratt notes the campus will study how to manage the reduced state support The changes hinge on state data and pending approval from Gov Kasichs office

University of Cincinnati Wright State Ohio State Clark State Community College John Kasich Wright State University Mark Polatajko Ohio University Bowling Green State University Ohio Board of Regents Central State University Cincinnati State Technical and Community College Miami Uni Middletown Miami Middletown Clark State Michael Pratt Ohio Cincinnati Clark Edison Sinclair Miami-Hamilton Miami-Middletown Wright Lake Central State Miami

Community college funding shift fuels growth plans and upgrades

Clark State President Jo Alice Blondin welcomed a funding increase amid changes to state aid. The new formula lowers campus level allocations, boosting state support for technology and campus security. Sinclair spokesman Adam Murka praised funding as an investment in Ohio’s future while lawmakers capped tuition hikes.

Pratt Clark State Jo Alice Blondin Blondin Sinclair Adam Murka

Public Private Partnership to fund Liberty Center project

The contract commits public funds to finance infrastructure at Liberty Center in a Tax Increment Financing district. It outlines safeguards and payment schedules to protect investments, with debt of 20 million from Butler County and five million from Liberty Two, covered by new tax revenues and a 0.5 percent sales fee. The deal, proposed in 2008 and negotiated into 2011, aims to generate property value gains and tax revenues. County Commissioner Don Dix calls it one of the most restricted public private partnerships he has seen.

Don Dixon Liberty Center Butler County Liberty Two Liberty Community Authority Community Authority Steiner Ohio Water Development Authority Steiner + Associates Greene Beavercreek Randy Burkett Charlie Young Young

Liberty Center project timeline and financing details

A timeline traces Liberty Center from 2008 plan approval to 2015 opening with major milestones. Developer Steiner Associates seeks $43 million in public funds via a Community Authority, with county and township support, private investment, and a tax increment financing plan to cover infrastructure and debt over about 20 years.

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