In her account of this week's council meeting Holly Stefanoff briefly mentioned a resolution that was passed Tuesday evening. She wrote "A resolution was passed to request the county auditor to certify certain tax valuation information in anticipation of levying a tax in excess of the ten mill limitation." The "in excess of the ten mill limitation" really got my attention. Can anyone elaborate on this particular resolution?
Was Holly referring to getting information from the county auditor so they can approve the budget or, Lord help us, is council considering putting an excessive levy on the ballot? Chances of getting a 10 plus mill levy approved at the polls have two possibilities in this day and age in this village - slim and next to nothing. It's an up hill battle to get renewals on existing levies for necessary services. New levies require a lot of promoting and convincing the voters that it is truly needed and sometimes that doesn't even work.
I'm not trying to cast aspersions on the reporter. She certainly got my attention. I hesitated asking this. I just would like to have a little more explanation as to what she was referring to. Many of us struggle to keep up with the taxes we have to pay today. I dread to think of having to pay more.
ole nib
Subscribe to:
Post Comments (Atom)
4 comments:
I did not read anything about the new hire in the sewage office. What Saracco, is it a big secret. Yes, I whould not tell anybody either if I hired Nancy Murray who retained a lawyer to take the Village to court. What a sneak you are, just like Surace.
That doesn't look like a statement she'd pull out of thin air, so it sounds like you have some taxes heading your way.
Essentally, what your council is doing is stating that the amount of money collected by way the taxes that are already in place (within the ten mill limitation) will not be sufficient to meet the needs of the village in the upcoming year and that it is therefore necessary to place the question of an additional tax "outside of the ten mill limitation" on the ballot for the people to either approve or reject.
First, an explaination of the "ten mill limitation"
(Indirect debt limitation.)
5705.51(3) “Ten-mill limit” means unvoted taxes of ten mills annually on each dollar of tax valuation of property on the general tax lists and duplicates.
R.C. 5705.19 states, in pertinent part:
The taxing authority of any subdivision (Village Council)at any time and in any year, by vote of two-thirds of all the members of the taxing authority, may declare by resolution and certify the resolution to the board of elections ... that the amount of taxes that may be raised within the ten-mill limitation will be insufficient to provide for the necessary requirements of the subdivision and that it is necessary to levy a tax in excess of that limitation for any of the following expenses:
(A) For current expenses of the subdivision ....
....
The resolution shall specify the amount of the increase in rate that it is necessary to levy, the purpose thereof, and the number of years during which the increase in rate shall be in effect, which may or may not include a levy upon the duplicate of the current year. The number of years may be any number not exceeding five, [with certain exceptions].
Pursuant to R.C. 5705.01(A), a village is a "subdivision," as that term is used in R.C. 5705.19. Further, the "taxing authority" of a village for purposes of R.C. 5705.19 is the council or other legislative authority of the village. R.C. 5705.01(C). R.C. 5705.19(A), therefore, authorizes the council of a village to declare by resolution that it is necessary to levy a tax in excess of the ten-mill limitation to provide for the current expenses of the village. See generally R.C. 5705.01(F) (defining "current expenses" as meaning "the lawful expenditures of a subdivision, except those for permanent improvements, and except payments for interest, sinking fund, and retirement of bonds, notes, and certificates of indebtedness of the subdivision").
I didn't read Holly's story but generally governing bodies have to ask the county auditor to certify the amount a levy will generate before it can be put on the ballot.
But in this case it could just be the annual adoption of rates of all existing levies.
It's no big deal and it does NOT mean a 10-mill levy is being enacted.
Post a Comment