Huber Heights

The Music Center at the Heights is expected to open in the spring.
Huber Heights City Website

The city of Huber Heights is getting closer to finalizing its spending plan for next year. This will be the first year officials craft an operating budget for the new music center. 

 

Huber Heights City Schools District Superintendent Sue Gunnell said the school board might request an additional property tax levy in May.
Huber Heights City Schools

Voters in Huber Heights said no to a school levy for sixth time earlier this month. The Huber Heights City School District is stretching to cover the cost of Common Core.

District Superintendent Sue Gunnell says an extra $4.4 million a year would have meant 14 additional teachers, and the school needs new books and supplies to help teach the Common Core standards. 

“We have not been able to update our instructional materials for quite some time,” she said.

A drawing of the the GoodSports hotel and fieldhouse would look like in Huber Heights.
GoodSports Enterprises

GoodSports Enterprises has halted development on its proposed $22 million fieldhouse and hotel in Huber Heights until a new funding partner is secured. The company was planning the sports complex near I-70.

GoodSports had hoped to get funding by Nov. 15 after stepping away from its initial partner back in April.

Huber Heights has seen tax revenues decline since the Recession.
Lewis Wallace / WYSO

Huber Heights residents have approved an income tax increase to be used to support police, fire and public safety. That’s among several city tax increases that passed in the Miami Valley.

Huber Heights was looking at a $2.3 million shortfall for the year, and officials say they have been using a combination of small cuts and its reserves to actually run the city and its services. But City Manager Rob Schommer says that fund was about to go dry.

Huber Heights is close to passing upgrades on its planned $18 million music center. On Monday evening, the Huber Heights City Council will take up three pieces of legislation that increase the city’s spending on the project by more than a million dollars. The additional funds will go to pay for concession stand upgrades, and a VIP center for the 4,500-seat concert venue.

Huber Heights has seen tax revenues decline since the Recession.
Lewis Wallace / WYSO

Huber Heights has announced plans to seek an income tax increase on the November 2014 ballot; the city is predicting budget shortfalls of $2.3 million per year.

“We’ve been using reserves for the past five or six years to provide the services we have out there today, and we’ve come to a crossroads,” says Scott Falkowski, Huber Heights Assistant City Manager.

Lewis Wallace / WYSO

Last month WYSO reported that an Illinois-based hedge fund had purchased about one in eleven homes in the town of Huber Heights. The company made national news by asking Montgomery County to reduce its property taxes by over a million dollars. Now the results are in—and they weren’t as hard on the local budget as expected.

WYSO/Lewis Wallace

A story in Bloomberg earlier this week found that hedge fund Magnetar has bought up a significant chunk of the rental stock in Montgomery County’s Huber Heights—and then requested a major reduction in those properties’ values. That reduction, if approved, could affect the city’s taxes and levies.

The Ohio Department of Education notified the Fairborn City School District yesterday that it will be placed in "a state of fiscal caution" next week and the Huber Heights City School District is also facing a similar designation.  It would mean that the districts would borrow money from the state for operations which would need to be repaid.