Funding

The total cost of the facility is $15 million. Funding is as follows:

• $5 million from New Albany-Plain Local School District (from the 2001 bond issue approved by the community that included a performance auditorium, unanimously approved by the Board of Education);
  
  
• $5 million from the Village of New Albany (from tax increment financing, which means no tax increase to village residents and no money being diverted from the school district or Plain Township Fire Department, unanimously approved by the Village Council);
  
  
• $3 million from Plain Township (through the TIF, unanimously approved by the Board of Trustees);
  
  
• $2 million from the New Albany Community Foundation (from private donors to fund add alternates such as the north teaching building, equipment and enhancements, unanimously approved by the Foundation Board of Trustees).
  
  
• In addition, The New Albany Company made a generous land donation of approximately 4 acres valued at $1.5 million at the corner of Dublin-Granville Road & Main Street, contiguous to the Learning Community Campus.