PROPOSED TAX LEVY (*ADDITIONAL*)
SYLVANIA CITY SCHOOL DISTRICT
A Majority Affirmative Vote Is Necessary For Passage.
An additional tax for the benefit of the Sylvania City School District for the purpose of current expenses at a rate not exceeding 4.9 mills for each one dollar of valuation, which amounts to $0.49 for each one hundred dollars of valuation, for a continuing period of time, commencing in 2010, first due in calendar year 2011.
This is a brand new tax and has no end in sight - meaning that it will never, ever expire. This is a property tax, and if your home is worth $100,000 you'll have to cough up an additional $490 every single year you live in Sylvania. That's if your home is valued at $100,000. The average home in Sylvania is valued at just a little more than that; $219,842 as of 2010. So in this case, you'll have to come up with an additional $1,077.
The schools claim they need the money more than you do. They don't. They likely want the money more than you do, but they do not need it.