Figuring out how much a tax will cost a property owner, based on millage, can be confusing. We asked treasurer Autumn Streng to explain how taxes are figured per $100,000 valuation.
The formula, which would work for any Lorain County millage, is based on home valuation, an assessed rate, millage and a rollback. Millage is determined after it is determined how much money the levy needs to generate (for example, $XX million per year for operating expenses, equipment or a new school building.)
Millage is determined the , which can also provides property owners with a valuation.
Avon Lake School District is placing a 9.02 mill levy on the November ballot that is expected to cost homeowners $268 per $100,000 valuation. The five-year emergency levy is for operating expenses.
The Avon School District will try, for a third time, to help construct a new middle school.
Avon Lake is also seeking to put back on the November ballot after it was narrowly defeated in the August special election. If approved, the levy will cost property owners $61.25 per $100,000 valuation.
Here’s how taxes are determined based on a set millage. The example below uses 9.04 mills as an example:
$100,000
market value
x
0.35
assessed rate (35%)
$35,000
assessed value
$35,000
assessed value
x
0.00904
millage
x
0.875
rollback (12.5%)
$277
tax due (per $100,000 home valuation)
Simply calling something an emergency does not make it so.
http://ballotpedia.org/wiki/index.php/School_bond_and_tax_elections_in_Ohio
Source:http://ilrc.ode.state.oh.us/PublicDW/asp/Main.aspx
Great. Since I have moved to AL: less services for more tax and a local government that has had it too good for too long. All of them expect this "emergency levy" to pass and talk openly about it. They point fingers at the state and a power company but have done a very poor job engaging either one. Necessity should beget creativity - not burdening the community that they are supposed to serve.
The factor missing from the equation is the 10 year number. Way too long of a commitment, which only serves to absolve the schools from any near term accountability.
My position has always been the length of the "emergency" levy. No one can predict the economic climate ten years down the road. What if a large company decides to locate to Avon Lake? What if the power plant decides not to close? What if Ford expands their operations here? Will the schools repeal this levy and tell us they do not need all the money now? Will they give us a rebate? No, they will just spend it, as they have in the past. For the record, after over 30 years in Avon Lake, this is the first levy I am struggling with. I do feel it is too much, again mainly because of the duration. So I ask you, what is your limit? What if they wanted 20 mills, would you be okay with that number as well? Maybe for 40 years? I suggest we take it slow, maybe a smaller amount for 10 years, with the option to come back for more; or the current amount, for a shorter duration; again, with the option to ask for more based on Performance! The goal should be to have the most efficient system in the state. A proper balance between spending and results. This is what every business strives for, including my own. I expect nothing less from the schools. So, because I am not willing to jump in with both feet, but rather prefer to test the water first, I am anti-school? I feel this is a reasonable and rationale way to go about this. No "emergency" lasts for 10 years, which is how it is worded. So I asked again, what exactly is your limit?
Excellent points. The power plant generates a lot of tax income. It will be difficult to replace this much revenue. Avon Lake needs to start planning what will happen to this prime property if/when the power plant closes. I would like to see a large marina with a public park, waterfront dining and senior housing.
The committee has been transparent with all data and has answered any question put forth. I suggest that some step from behind their blogger alias names and make an honest effort to seek accurate data. The school board and Superintendent have done an amazing job of managing the budget and will do all they can to provide the education that all of come to expect and one which our children deserve as much as those of yours which have already gone through.
Hopefully it will not turn into another tax abated condominium project like Aqua Marine. "Kopf Builders is also touting a 75 percent 10-year residential tax abatement that is being passed on to buyers." From a sales brochure from Kopf. 15 buildings X 19 units/building X 12 months X $200/month X 10 years = $6,840,000. So why are they not paying taxes over there again? Nearly $7M forgiven? So I am paying for their children to attend Avon Lake Schools? Mr. Lisi, I can understand your concern. As a music teacher, your classes are definitely on the "chopping block." By the way, are you campaigning for the school levy during class time today? You are at the high school teaching right now, are you not? Just another example of the taxpayer's money hard at work. Not a good move when teachers claim they are overworked and underpaid, but still have time to read the Patch and respond to blogs. Hmmmmmmm. Makes me wonder.
Except change the word STATE to AVON LAKE CITIZENS. It's funny how it can be accepted and rationalized one way. Yet completely dismissed the other way.......
My apologies, you should be at the Junior High School teaching right now, instead of blogging and campaigning for the school levy on taxpayer time. I mistakenly said the high school in my post above. As for your comment about Avon Schools being an "outlier," I want Avon Lake Schools to be an outlier as well. How do we become one so we can also run as efficiently as them. I mean, why be average, when we can be as cost-effective as Avon! Sign me up, I want to be an "outlier." Finally, it has nothing to do with transparency. Windows are transparent too, but if I throw a rock through it I have to pay to have it fixed. Just because the numbers are there, does not mean I have to agree with how they are being spent. This is the point. I am not questioning the integrity of the school administrators, but always have the right to question their spending, as we all should. During difficult times, difficult decisions need to be made. This is one of those times. I, for the life on me do not understand why an emergency levy needs to be put in place for a ten year period. This is ridiculous. Three years, you have my vote....five years....maybe.....never ten years.
$108,049.88 year/185 days/year = $584.05 per day. $584.05 per day/ 8.5 hours/day = $68.71 per hour 15 minutes spent reading and blogging on Patch during work = $17.18 $17.18 x 210 teachers = $3607.37 per day $3607.37 X 185 days per year = $667,363.02 per year After looking very closely at all the evidence, I conclude we should ban all teacher's from the Patch! This alone would allow us to keep Home Ec and Music for all our students! Or maybe we should pay for another Masters Degree to instruct our teachers on how to post anonymously. Save the comments, just having a little fun. (But making a point at the same time)
He probably should. I prefer not to use my name since I have children in the school system. And yes I do support the schools, but reserve the right to question their spending.