computing property tax increase millages. what is a mill? 1 mill = $1.00 for every $1,000 of...
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COMPUTING PROPERTY TAX INCREASE
MILLAGES
What Is a Mill?
1 mill = $1.00 for every $1,000 of assessed valuation.
County Children Services
Issue 2 - Greene County Children Services Board Renewal – Operating1.5 mills – five yearsCommencing 2014
Total Votes 21588FOR THE TAX LEVY 14527 67.29%AGAINST THE TAX LEVY 7061 32.71%
Greene County Developmental Disabilities
Issue 3 - Greene County Developmental Disabilities BoardRenewal – Operating3.5 mills – five yearsCommencing 2014
Total Votes 21561FOR THE TAX LEVY 13897 64.45%AGAINST THE TAX LEVY 7664 35.55%
Greene Memorial Hospital
Issue 4 - Greene County Greene Memorial HospitalRenewal – Operating0.5 mill – five yearsCommencing 2014
Total Votes 21635FOR THE TAX LEVY 12883 59.55%AGAINST THE TAX LEVY 8752 40.45%
Issue 5 - City of BeavercreekRenewal – Operating1 mill – five yearsCommencing 2013
Total Votes 8786FOR THE TAX LEVY 6282 71.50%AGAINST THE TAX LEVY 2504 28.50%
Beavercreek City Schools Levy
School Levy 2013Issue 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 Bond Issue 2008
16) Beavercreek City School District Bond Issue$84,000,000- 28 years3.3 mills- Commencing 2008
Market Value of Home
$100,000
Assessment Rate
____$100,000__________ X .35
Assessed Value
_____$35,000___________
Millages
_____$35,000____ X ______.005_______ (assessed value) (millages) 5 mills
Cost Before Rollback
________$175__________________
Rollback
___$175______ - ___$21.88________ (levy before rollback) (rollback) 12.5%
175 x.125_____$21.88
Annual Cost of Levy
_______$153.12__________________
175.00 - 21.88 $153.12
Greene County Auditor
$5,606,230 valuation$3,900,000 valuation - today
$1,170,440 valuation$1,136,120 valuation - today
Arnold’s