Here are some of the tax issues that will appear on the November ballot in Cuyahoga County.
Cliff Pinckard, cleveland.comto generate an estimated $52 million per year and a bond issue to borrow $295 million to build new buildings and improve existing ones.
The 10-year levy would cost $301 annually for each $100,000 of a property’s appraised value, according to the county’s estimate. The owner of a median Cleveland home would expect to pay $240 per year, according to a news release from the school district. Over 35 years, the bond issue would cost $93 annually for each $100,000 of a property’s value.for 10 years for Cuyahoga Arts and Culture. If approved, the measure would replace the existing excise of 1.5 cents per cigarette to 3.
See the other proposed tax increases below. The estimates for the cost to homeowners are based on home values for this past year, before the recent Cuyahoga County reappraisals.: A five-year renewal of 4.5 mills and an increase of 1 mill for the purpose of current village expenses. It’s estimated the increase will cost $35 annually for each $100,000 of a property’s value appraised by the county.for the purpose of current expenses. It’s estimated levy will collect $7.
The second is a bond issue to build school facilities and renovate and expand existing buildings, including under a program of the Ohio Facilities Construction Commission. The district would borrow $15,445,000, to be repaid annually over a maximum period of 37 years. It’s estimated the bond issue will cost $113 for each $100,000 of a property’s value appraised by the county.: The district is asking for a 4.9-mill continuing additional tax for current expenses.
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