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Independent School District • OH
Cincinnati Public Schools
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
66/ 100
Elevated Drift Risk
Cincinnati Public Schools Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Cincinnati Public Schools in Hamilton County, OH carries 720M in outstanding voter-approved capital bond indebtedness ($20,500/student), requiring an adopted millage rate of 1.220% to service ongoing facility and operational obligations.
M&O Rate: 1.0%I&S Debt Rate: 0.2%Combined Rate: 1.2%
Total Outstanding Bond Debt
$720.0M
Voter-Approved Capital Bonds
Debt Burden Per Student
$20,500
Among Top 5% Nationally
Student Enrollment
35,122
Active K-12 Student Population
Annual Debt Interest Service
$34.6M
Annual Interest & Sinking Outflow