Information for the upcoming Edison Local School District Levy
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2018 STATE OF THE DISTRICT
The video is a re-recording of the original State of the District Adress. The video highlights the following:
Open Enrollment Information
Levy Information and more.....
FROM THE SANDUSKY REGISTER
This week, superintendent Tom Roth and treasurer Anne Arnold talked about the 7.2-mill renewal substitute levy on the May 8 ballot. If approved, the levy will bring in about $1.7 million per year for the district’s day-to-day operations and become continuous.
The program, along with other Register programs, is available for demand viewing at sanduskyregister.com.
In November, the levy failed by just 12 votes. This time around, Edison administrators said they’ve talked to more community members about what the substitute levy means.
“Tom (Roth) and I have met with several groups and just tried to make people understand it,” Arnold said. “One of the things that we heard the last time was that the ballot language was very confusing because it doesn’t say renewal levy anywhere on the ballot language.”
She continued: “This is truly is a renewal of an existing levy, however, it’s termed a substitute levy because we can take that opportunity for any growth on new construction.”
Edison Schools levy
What: A 7.2-mill substitute levy; If approved, it would change from a five-year emergency operating levy to a continuing levy
Cost: About $19 a month for owner of $100,000 home
Edison Local School district will ask taxpayers to approve a 7.2 mill substitute
emergency levy. If passed, the levy would generate $1.7 million for the district and would NOT increase costs for residents, keeping that rate at approximately $220.00 a year for the owner of a $100,000 home, according to the Erie County Auditor’s Office.
Revenue generated from the levy, which equates to about 11% of the district’s general fund operating revenue, will fund day to day operational expenses including utilities, classroom supplies, technology, bus fuel and personnel.
What is a Substitute Emergency Levy?
A substitute emergency levy is NOT a new tax to the community
It substitutes the emergency levy originally passed in May 2013 which will expire in December 2018
It is permanent and would not have to be renewed
It is essentially the same as an emergency levy but it will capture new revenue growth on real property (homes and businesses)
What are the benefits?
It helps ensure that funding for the district is fair for all. New homeowners moving into the district will pay the same rate of taxation as current homeowners.
The substitute levy collects additional revenue on new construction (homes and businesses). The additional revenue from new construction allows for revenue growth yearly by increasing the tax base.
The substitute levy was an option given to all Ohio school districts in 2008. Since then, at least 20 public school districts have secured that revenue source with voter approval. Instead of producing a fixed-dollar amount annually like an emergency levy, a substitute levy’s annual revenue can increase when new homes and businesses are built; it allows an opportunity for growth WITHOUT increasing current residents’ taxes and why wouldn’t we give ourselves the opportunity to realize that growth?