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The total cost of the facility is $15 million. Funding is as follows:
- $5 million from New Albany-Plain Local School District (from the ’02 bond issue approved for the high school auditorium);
- $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);
- $3 million from Plain Township (through the TIF);
- $2 million from the New Albany Community Foundation (from private donors to fund add alternates such as the north (teaching) building, equipment and enhancements).
A land donation from The New Albany Company of approximately 4 acres valued at $1.5 million.
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