Articles About property tax levy
On Tuesday, May 8, residents of the Yellow Springs Exempted Village School District will vote on a combined property tax and income tax bond levy for the renovation and replacement of the local middle school and high school. Learn more about the issue.
Currently near the top third of school districts in a tri-county area for its combined school income and property tax, Yellow Springs Schools would rise even higher in comparison if a 4.7-mill/0.25 percent income tax levy is passed May 8.
The Yellow Springs school district is ramping up efforts in support of passing its May 8 ballot request of a combined 4.7-mill property levy and 0.25 percent income tax. A crucial piece in that effort is the formation of a levy committee.
Village voters will see a renewal of the Village property tax levy on the March 15 primary ballot.
Issue 3, the senior services levy on the May 6 ballot, will, if passed, provide funding to help about 30 older villagers stay in their own homes by ensuring regular meals, homemaker services and visits.
Last week the Yellow Springs school board favored a 7.5-mill levy for the November 2012 ballot to bring in new money to the district and offset several years of deficit spending.
Yellow Springs school board members faced a room of empty chairs last week as they discussed a school tax hike at their “committee of the whole” meeting on Thursday, March 22.
Yellow Springs voters gave an emphatic thumbs-up to the Village five-year property tax levy renewal, with 65 percent of voters approving the levy and almost 35 percent rejecting it at the polls on Tuesday, May 3.
Property tax levy
Though it is difficult to predict the future of the Yellow Springs economy, the subtle job loss and flat tax revenues to the Village over the past decade indicate that the Village budget will continue to be tight in the coming years.