The 5.9 mill levy placed on the Nov. 8 ballot by the Bay Village Board of Education will raise property owner taxes by 7-10 per cent per year.
Based on figures run through the Bay Schools Levy Calculator, the increase in taxes can be figured for any property on the city. Simply visit www.BayVillageSchools.com and type the words ‘levy calculator’ in the search tool space. You can easily see exactly what the cost will be to you and your property.
Here is the link: http://www.bayvillageschools.com/index.aspx?NID=1307&MOBILE=OFF
The Villager ran several sample addresses through the calculator. The property tax increases for each:
-A $212,000 home paying $5907 in taxes currently will see an increase of $438 per year (7.4 per cent).
-A $234,500 home paying $5929 in taxes currently will be an increase of $484 per year (8.3 per cent).
-A $189,000 home paying $5264 in taxes currently will see and increase of $390 per year (7.4 per cent).
-A $359,000 home paying $9297 in taxes currently will see an increase of $741 per year (7.9 per cent).
-A $90,400 home paying $1820 in taxes currently will see an increase of $186 per year (10.2 per cent).
A New Tax
The 5.9 mill levy is a new, additional tax that will continue into the future. It is not a renewal. It is a renewal levy. It will be a continuing tax increase.
“The 5.9 mill levy is to cover increasing costs for utilities, supplies, salaries, transportation, etc. The millage level also reflects the addition of increased instructional technology support and foreign language instruction starting at the elementary school level,” ’ say Bay Schools.
The Levy appears on the ballot as ISSUE 106:
DBAY10 BAY VILLAGE CSD – TAX ID # 1801 Proposed Tax Levy (Additional) Bay Village City School District A majority affirmative vote is necessary for passage. An additional tax for the benefit of the Bay Village City School District for the purposes of current expenses at a rate not exceeding 5.9 mills for each one dollar of valuation, which amounts to 59 cents for each one hundred dollars of valuation, for a continuing period of time, commencing in 2016, first due in calendar year 2017.