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Substitute Emergency Levy Frequently Asked Questions Medina City Schools will have a 5.2 mill Substitute Emergency Levy on the May 8, 2018 ballot. Below are answers to a few frequently asked questions. What is a Substitute Emergency Levy? A Substitute Emergency Levy would not be a new tax to the community. Essentially, it substitutes the current 5.9 mill emergency levy with the same revenue collection rate already in place. The Substitute Emergency Levy will allow the District to ask for continuous dollars as long as we do not ask for a collection value higher than the original emergency levy. Unlike other operating issues, a Substitute Emergency Levy would allow Medina City Schools to receive additional revenue from new construction within District boundaries without an increase in the collection rate. How much will the levy cost taxpayers? This levy is not a new tax. The 5.9 mill emergency levy that originally passed in 2013 will be expiring on December 31, 2018. This 5.2 mill substitute emergency levy will replace the current emergency levy and will not cost the taxpayers additional dollars. How much will the levy generate? The Substitute Emergency Levy will generate $6.6 million for the District which is the same collection rate of the current 5-year emergency levy. How long will the Substitute Emergency Levy be in effect? The 5.2 mill Substitute Emergency Levy will be remain in effect on a continuous basis.
Would passage of the 5.2 mill Substitute Emergency Levy allow the District to offer tuition free, full day kindergarten and other additional services to Medina City Schools’ students? With the passage of this levy, the dollars will go towards the implementation of the current 5-year strategic plan that was created last year through a collaborative effort with students, staff, administrators, parents, and community members. Major parts of this plan include the implementation of all day kindergarten, increased electives at the middle and high school levels, and inquiry based learning curriculum kindergarten through twelfth grade. With passage of the levy, it will create long-term stability for the District allowing new programming to be implemented without an increase in tax dollars. What is the amount of the current levy and when will it expire? The amount of the current 5-year 5.9 mill emergency levy collects approximately $6.6 million dollars and is set to expire on December 31, 2018. The Substitute Emergency Levy will collect the same dollar amount keeping the tax dollars collected from the community at the same level. How will the Substitute Emergency Levy impact a homeowner? For a homeowner of a house with a value of $100,000, this levy would cost them $182 per year which is the same cost as the current levy. For a homeowner of a house with a value of $150,000 this levy would cost $273 per year, and for a home valued at $200,000 the cost would be $364 per year, again both at the same rate as the current levy. Why is the District seeking a continuous levy instead one that is a fixed term? The District is seeking a more permanent levy to create stability for the District and our students allowing new programming to be implemented without an increase in tax dollars. The District expects that taxpayers will hold the District leadership accountable for levy promises and performance through elections, evaluations, and the hiring process. The District continually adjusts its forecast and budgets with the input of the Finance Committee which includes members of the community to ensure transparency and accountability. Why is it called a Substitute Emergency Levy if it is indefinite? What makes it a substitute instead of an emergency? A Substitute Emergency Levy can only replace a current emergency levy. A substitute emergency levy allows the district the opportunity to ask the community for continuous dollars as long as we do not ask for a collection value higher than the original emergency levy. The long-term stability of the Substitute Emergency Levy will allow the district to implement new programming without asking for more money for at least another 4-5 more years.
The term “Substitute Emergency Levy” is coined by the State of Ohio based on the fact that taxing authorities have to have a current emergency levy which the substitute levy will replace.
Substitute Emergency Levy Frequently Asked Questions Updated ...
Substitute Emergency Levy Frequently Asked Questions Updated 102617.
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