Two renewal levies were unanimously approved Tuesday by the Oberlin board of education to appear before voters on the March 2016 ballot.
The $940,000 emergency levy and a two-mill permanent improvement levy will keep cash flowing without asking taxpayers for any increases, board president Ken Stanley said.
The emergency levy will total 5.05 mills and is expected to cost $175 per year for every $100,000 worth of property you own.
This will be the district’s first renewal of the emergency levy since it was first approved in 2011.
“Our books look a lot better than they did five years ago,” said board member Barry Richard, who gives credit largely to the $940,000 levy.
The PI levy can be used to buy any tools or materials with a lifespan of at least five years. “We use this mainly for our buildings,” Stanley said. “We have occasionally used it for curriculum.”
Richard said the PI levy was originally passed in 1976 and has been successfully renewed every five years since then.
The renewal is desperately needed to fix the district’s schools. But board vice president Anne Schaum said it will be retired if new school buildings are constructed for kindergarten through 12th grade.
The long-term plan is to rely instead on a new PI levy passed last year, she said.
Both renewal levies, if passed, will generate money for five years.
Valerie Urbanik can be reached at 440-775-1611 or on Twitter @ValUrbanik
Valerie Urbanik | Oberlin News-Tribune
Oberlin board of education members talk about the importance of passing two renewal levies that will appear before voters on the March 2016 ballot.