The district is asking voters to restore an operating levy from 1972 and one from 1979 back to their original amounts. Why aren’t those issues generating the same revenue as they have in the past?
(Return to questions list.) A. The dollars generated from those levies is still the same, but the amount of revenue we receive has essentially been frozen because of an Ohio law passed in 1976 called House Bill 920 (HB920). When properties go up in value, the effective millage that homeowners and businesses pay is actually reduced. As a result, a school district never receives more revenue than it did previously, except for one-time revenue increases from any new construction that may occur. Every three years the county auditor determines the value of taxable property for each school district. If inflation has caused the value of the property to increase, the auditor cuts the school tax rate so schools do not receive more money. HB920 makes it difficult for school districts to meet inflationary cost increases and is one of the primary reasons why they must return to voters on average every two to three years to request additional revenue.
Related Questions
- The district is asking voters to restore an operating levy from 1972 and one from 1979 back to their original amounts. Why aren’t those issues generating the same revenue as they have in the past?
- What is the Worthington City School District asking of voters?
- What will the district be asking voters to approve?
