Published: Wednesday, October 25, 2017 @ 9:33 AM
By: Lawrence Budd - Staff Writer
SPRINGBORO — A community forum will be held at 7 p.m. today at Springboro High School on Issue 18, a continuing substitute 7.4-mill levy that would raise more than $7.9 million for Springboro school district expenses, if approved.
Superintendent Dan Schroer and Treasurer Terrah Floyd of the Springboro Community City Schools, as well as members of the Friends for Springboro Schools Levy Committee, will discuss the details of the issue in a presentation, then welcome questions or comments from community members about it.
The forum will be in the auditorium of the school at 1675 S. Main St., Ohio 741 in Springboro.
Under the substitute levy, the district would collect more tax revenue as new homes and buildings are constructed and the tax base grows.
But the bills of existing taxpayers should stay the same, barring a reappraisal or change by the county board of tax review.
The substitute levy would replace an existing levy expiring in 2018.
In November 2013, Springboro voters approved the most recent 8.78-mill, five-year renewal.
It is currently levied at 8.38 mills due to the increased property valuation in the district since passage.
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