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COMPUTING PROPERTY TAX INCREASE

COMPUTING PROPERTY TAX INCREASE. MILLAGES. 1 mill = $1.00 for every $1,000 of assessed valuation. What Is a Mill?. Issue 2 - Greene County Children Services Board Renewal – Operating 1.5 mills – five years Commencing 2014 Total Votes 21588

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COMPUTING PROPERTY TAX INCREASE

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  1. COMPUTING PROPERTY TAX INCREASE MILLAGES

  2. 1 mill = $1.00 for every $1,000 of assessed valuation. What Is a Mill?

  3. Issue 2 - Greene County Children Services Board • Renewal – Operating • 1.5 mills – five years • Commencing 2014 • Total Votes 21588 • FOR THE TAX LEVY 14527 67.29% • AGAINST THE TAX LEVY 7061 32.71% County Children Services

  4. Issue 3 - Greene County Developmental Disabilities Board • Renewal – Operating • 3.5 mills – five years • Commencing 2014 • Total Votes 21561 • FOR THE TAX LEVY 13897 64.45% • AGAINST THE TAX LEVY 7664 35.55% Greene County Developmental Disabilities

  5. Issue 4 - Greene County Greene Memorial Hospital • Renewal – Operating • 0.5 mill – five years • Commencing 2014 • Total Votes 21635 • FOR THE TAX LEVY 12883 59.55% • AGAINST THE TAX LEVY 8752 40.45% Greene Memorial Hospital

  6. Issue 5 - City of Beavercreek • Renewal – Operating • 1 mill – five years • Commencing 2013 • Total Votes 8786 • FOR THE TAX LEVY 6282 71.50% • AGAINST THE TAX LEVY 2504 28.50%

  7. School Levy 2013 Issue 19 School Levy 2012 Issue 20 • Beavercreek City School District (additional) • A majority affirmative vote is necessary for passage. • Shall a levy be imposed by the Beavercreek City School District, Counties of Greene and • Montgomery, Ohio, for the purpose of providing for • the emergency requirements of the school district, • providing for the emergency requirements of the • school district,in the sum of $10,400,000 per year, • and a levy of taxes to be made outside of the ten- • mill limitation estimated by the county auditor to average 6.3 mills for each one dollar of valuation, • which amounts to $0.63 for each one hundred • dollars of valuation, for 5 years, commencing in • 2013, first due in calendar year 2014? • Total Votes 8786 • FOR THE TAX LEVY 6282 71.50% • AGAINST THE TAX LEVY 2504 28.50% • Beavercreek City School District (additional) • A majority affirmative vote is • necessary for passage. • Shall a levy be imposed by the • Beavercreek City School District, Counties • of Greene and Montgomery, Ohio, for the • purpose of providing for the • emergency requirements • of the school district, in the • sum of $10,900,000, and a levy of taxes to • be made outside of the ten-mill limitation • estimated by the county auditor to average • 6.7 mills for each dollar of valuation, which • amounts to $0.67 for each one hundred • dollars of valuation, for 5 years, • commencing in 2012, first due in calendar • year 2013? Beavercreek City Schools Levy

  8. 16) Beavercreek City School District Bond Issue • $84,000,000- 28 years • 3.3 mills- Commencing 2008 Beavercreek Bond Issue 2008

  9. $100,000 Market Value of Home

  10. ____$100,000__________ X .35 Assessment Rate

  11. _____$35,000___________ Assessed Value

  12. _____$35,000____ X ______.005_______ (assessed value) (millages) 5 mills Millages

  13. ________$175__________________ Cost Before Rollback

  14. ___$175______ - ___$21.88________ (levy before rollback) (rollback) 12.5% 175 x.125 _____ $21.88 Rollback

  15. _______$153.12__________________ 175.00 - 21.88 $153.12 Annual Cost of Levy

  16. Greene County Auditor

  17. $5,606,230 valuation$3,900,000 valuation - today

  18. $1,170,440 valuation$1,136,120 valuation - today

  19. Arnold’s

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