This page provides information about the Springfield Local Schools Operations Levy that will appear on the ballot November 5th, 2024. There are image slides available to view and share, informational flyers, and FAQs. The Springfield Township community is being asked to review the information on this page to make a decision to support our local public schools. This is not a new property tax. This Operations Levy renewal is a 10-year duration that will not increase the current tax rate for a decade.
The "Property Taxation and School Funding" guide published by the Ohio Department of Taxation provides additional information about school funding in our state.
This is a renewal levy and there is no increase in taxes.
To continue funding for the general operation of schools, including academic programs. The current Operations Levy is expiring which funds district staffing for every school. Bridges the gap to cover costs not provided by state and federal dollars.
The renewal is set for 10 years.
Since this is a renewal levy, it will NOT increase the current tax rate.
The Springfield Local Schools Operations Levy is known as "Issue 23" on your November 5th, 2024 ballot.
School districts in Ohio are financed with a combination of federal, state and local funds. At the state level, school districts receive funding from the Ohio Department of Education's (ODE) general revenue funds and Ohio Lottery profits. At the local level, school districts receive funding from locally levied property taxes. School districts also can receive funding from income taxes approved by voters.
In 1976, the Ohio General Assembly passed House Bill (HB) 920, which reduces the taxes charged by a voted levy to offset inflationary increases in the value of real property. This is called the property tax reduction factor or HB 920 factor. The reduction factor applies to both Class I and Class II real property. This means the amount of outside millage taxes collected on property will not exceed the amount collected at the property’s value in the first year the taxes were collected. Although property values may increase while the levy is in effect, the amount of taxes collected on those properties does not increase. The reduced rate at which taxes are collected is termed the “effective” millage.
Outside millage: These are new property taxes approved by voters; often, you'll see these on the ballot as operating levies, bond issues or permanent improvement levies. These taxes ARE subject to House Bill 920, meaning once voters approve them, they typically don't increase when property values increase. Rates are simply adjusted so the school district receives the same amount of funds each year. Even if taxpayers approve a renewal of a levy from a decade ago, for example, that levy is still locked in at the rate it initially was passed at.
Inside millage: This is revenue coming from property taxes split between schools and local taxing authorities like the county and the township you reside in. It's limited to 10 mills, and it does not require approval by voters. These taxes are NOT subject to House Bill 920, and can rise as property values rise.
(see Tired of being asked to approve Ohio school levies? Blame state law | Ideastream Public Media)
Issue 23 is an operating renewal levy voted by the public as an "Outside" millage levy. As a result, this levy is "locked" at the initial rate that it was originally passed at. The rate does not increase as property values increase.
No. There is no income tax to fund Springfield Local Schools in Lucas County Ohio.
No. Homes are taxed at 35% of their assessed value.
Explanations
Property Tax? – This is a tax on property. This is used for all three types of levies. Even though renters don’t pay property taxes, their rent may go up to pay for the property owner’s increase in taxes.
How does it work? - Payment is established as a “mill.” A mill is one-tenth of one percent. For every $1000 of property value, a property owner pays $1. Homes are taxed at 35% of their value. So if someone lived in a home valued at $100,000, they would pay taxes on $35,000, which is 35% of the value.
Discounts? - The state gives homeowners a 12.5% discount on their property taxes and then reimburses that amount to the school system. This is called a State Rollback. Seniors that qualify for the Homestead Exemption will have further discounts and reductions. See State of Ohio Homestead Exemptions - FAQs.
*Here is a handout provided to the Patrick Henry Local Schools community showing how Mills and Levy Funding works: Treas-Web-Page---Levies---Basic-Facts
The median value of owner-occupied housing units in Springfield Township, Lucas County, Ohio is $226,800
$227,000 home
x 35% of value
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$79,450 taxable amount
x 0.001 1 Mill Levy
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$79.45 Subtotal
- $9.93 12.5 state discount for homeowners
$69.52 paid annually for a 1MILL levy on a $227,000 home OR $5.79/month
($139.04 paid annually for a 2Mill levy on a $227,000 home)
Visit How Property Taxes are Calculated | Lucas County, OH - Official Website.
This website is not affiliated with or managed by the Springfield Township administration, public services, or local schools.