Impact aid program, title VII, section 7003

The Department of Education Office of Elementary and Secondary Education awarded Mad River Local School District $973,599 under the Impact Aid Program, Title VII, Section 7003 on October 1, 2025. The award provides financial assistance to offset revenue losses resulting from federal acquisition of real property within the district's boundaries that reduces its local tax base. Mad River Local School District serves kindergarten through twelfth grade students in Beavercreek Township, Ohio and educates federally connected children living on federal property or with parents employed on federal property or on active duty in the uniformed services. The award covers the period October 1, 2025 through September 30, 2031. Section 7003 assistance is available to districts where at least three percent or 400 of the total number of eligible federally connected children in average daily attendance live on federal property or meet the federal employment or military service criteria. Payments under the program are computed on a statutory formula basis and are made annually to eligible local educational agencies.