On Tuesday, the Miami Trace Board of Education decided to explore its options with the Ohio School Facilities Commission regarding the possibility of construction of a new high school.
Superintendent Dave Lewis said the decision was made based on the fact that the district has seen an increase in property values since 2009, which reduces the amount of potential state funding.
Now, the OSFC will conduct a detailed study on the current building and look at enrollment projections.
"The district will be notified in the spring as to whether a formal offer of state funding will be made available for a project in the next funding cycle to begin in July of 2014," said Lewis.
"At that time, the district will be required to make a decision as to whether or not they will accept the state share and pursue a bond issue to secure the local share for a project."