Louisville City School District Tax Levy Question (November 2012)
This question authorized the Louisville City School District to impose a property tax levy of $2 million for five years in order to fund the emergency requirements of the school district. The estimated property tax rate necessary to produce this revenue is 5.9 mills ($5.9 per $1,000 of assessed valuation).
|Louisville City SD Tax Question|
Election results from Stark County November 6, 2012 Election Results Summary
Text of measure
Language on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|“||Shall a levy be imposed by the Louisville City School District for the purpose of providing for the EMERGENCY REQUIREMENTS OF THE SCHOOL DISTRICT in the sum of two million dollars ($2,000,000) and a levy of taxes to be made outside of the ten-mill limitation estimated by the county auditor to average five and ninetenths (5.9) mills for each one dollar of valuation, which amounts to fiftynine cents ($0.59) for each one hundred dollars of valuation, for a period of five (5) years, commencing in 2012, first due in calendar year 2013?||”|
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