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March 2012 Operating Levy:  An Overview

 

Why do Beavercreek Schools have a levy on the 
March ballot?KidsInLine

Beavercreek Schools faced a $5.7 million deficit at the end of the 2010-11 school year due to:

- Rising operational costs fueled by inflation and sustained enrollment growth of more than 1,200 additional students over 10 years

- Delayed requests for additional funding due to the need for levy renewals and passage of the bond issue

With the recent 28 percent cut in state funding to Beavercreek City Schools, this deficit will only increase.


What has the district done to cut costs?

Beavercreek Schools have cut $13 million from the budget over the last 12 months.  For details, see the "What has been cut?" link at left.

What are district leaders asking of taxpayers?

The March 2012 issue is a 6.7 mill, FIXED INCOME emergency operating levy that will generate $10.95 million per year for five years.  Of this:
  • 1.5 mills will be used to operate the new schools
  • 2.0 mills will be used to compensate for the loss of state funding 
  • 3.2 mills will be used to maintain the district's educational programs and services

Proceeds of the levy will help maintain existing educational programs and services.  They will not be used to reinstate programs and services that have previously been cut.  The exception is to transportation services, which will be restored if the levy passes.


How much will it cost me?

The levy will cost taxpayers $205.19 per $100,000 of appraised property value annually, which equates to approximately $17.10 per month, or approximately 56 cents a day. (Note:  If you would like to calculate the effects of this levy on your annual property tax bill, click on this linkhttp://www.beavercreek.k12.oh.us/Page/55 and choose "Simple Tax Calculator.")


What is the levy number?

The levy will be known as Issue 3 in Greene County and Issue 20 in Montgomery County.