On Wednesday, Jan. 23, the Oak Hills
Local School Board passed a resolution to place an emergency 5-year 4.82 mill
levy on the May 7 ballot.
The levy will generate $5,275,000 annually for
the next five years.
Oak Hills has not been on the ballot for an operating levy
Oak Hills Treasurer Ronda Johnson and Superintendent Todd
Yohey agree that the five-year emergency levy will provide the revenue
necessary to maintain current programming.
"It is important to note that an emergency
levy is a type of levy assessed for a fixed term. In our case, that would be
five years. The new revenue will simply keep the district from deficit
spending," Johnson said.
"Our Board of Education, along with our finance
committee, has thoroughly analyzed our fiscal health," said Yohey. " For Oak Hills to
continue its current level of operation, including the many opportunities
available to our students, we need to ask our community for additional revenue.
Oak Hills has not asked our community to support an operating levy since 1997
and conservative financial practices have allowed us to wait until now."
Property taxes and state revenue have been declining over the
past seven years. In 2012 the district collected the same amount of property
tax that they did in 1998.
A 4.82 mill levy will cost homeowners $145.34 annually per
$100,000 of valuation. Currently, Oak Hills' expenditure per pupil is the third
lowest cost in Hamilton County. The district has been rated Excellent for
the last 11 years.
Tuesday, August 26 2014 5:57 AM EDT2014-08-26 09:57:06 GMT
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