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Voters to see levies on ballot in Nov.



Published: Tue, May 22, 2012 @ 12:09 a.m.

Renewal, additional levies to raise $224K for operations

poland

By Ashley Luthern

aluthern@vindy.com

POLAND

Village voters will see a 2-mill renewal levy, and also are likely to see a 2-mill additional levy, on the November ballot.

Village council unanimously approved a resolution to certify to the Mahoning County Auditor’s office the renewal and additional levy.

Both are for operating expenses, said Councilman David Raspanti.

The 2-mill renewal levy generates about $109,500 annually for the village’s general fund and costs the owner of a $100,000-valued home $58.71 annually, said Anthony Magnetta, county deputy auditor.

The 2-mill renewal levy was on the ballot in November 2002 as a replacement levy, according to Vindicator files.

Village Clerk-Treasure Linda Srnec said the 2-mill additional levy is expected to cost the owner of a $100,000-valued home $61.25 annually and generate $114,848 annually.

Those figures are estimates and final numbers will be known when the auditor certifies both levies, Srnec said.

The finance committee, which consists of Srnec and councilmen Robert Limmer, Marc Cossette and Raspanti, had brought the recommendation for the levies to council a few weeks ago. There was some debate about whether the additional levy would be specified as a street-department levy or general-operating levy.

Council members have said the village has had deficit budgets since 2009 and is expecting a $203,523 deficit at the end of this year.

The village was able to offset the deficits in the past using annual estate-tax revenue and the State Treasury Asset Reserve (STAR) Ohio investment fund. But state lawmakers abolished the inheritance tax beginning in 2013 and the village’s STAR account reserves are dropping, down from more than $1 million to $916,000, officials have said.

If the village drained the STAR account for operational expenses, had no new revenue sources and no large emergency expenditures, the money would last until 2017, according to projections.

Finance committee members also have said that spending the STAR account for general operating expenses likely would draw criticism from state auditors.


Comments

1lee(544 comments)posted 2 years, 3 months ago

Starve the beast NO NEW TAXES.
What part of we the people don't have any more money to give don't you understand???

Suggest removal:

2rliddle(7 comments)posted 2 years, 3 months ago

When the Village starts using it's own assets first then maybe, not until then. The village turns DOWN the opportunity to lease oil and gas rights and now they want the residents to pay more tax? ARE YOU SERIOUS!

Suggest removal:

3rliddle(7 comments)posted 2 years, 3 months ago

Here's an idea - let's round up all the protestors that came in from "out of the area" (Kent, Cleveland, Hudson and elsewhere) that the Village officials allowed to attend meetings concerning leasing mineral rights IN POLAND - lets see if they want to pay these taxes :)

Suggest removal:

4ytownsteelman(627 comments)posted 2 years, 3 months ago

Why a property tax? Should not all Poland residents share equally in the cost? I would support a tax on all Poland residents but not one on just people who own property. That is patently unfair.

Take the total amount they want to raise, divide it by the number of Poland residents and send them all a bill for that amount. NO MORE FREELOADERS WHO LIVE IN APARTMENTS!!!

Suggest removal:

5AnotherAverageCitizen(1174 comments)posted 2 years, 3 months ago

If a landlord is not smart enough to consider the taxes when he figures out what rent he should charge, he should not be a landlord.

Suggest removal:

6OldSchool2(20 comments)posted 2 years, 3 months ago

Many of you seem to want all that Poland has to offer, but you want the increased cost of living to be absorbed by the schools, village, and township. Sounds like you need to move to a bare-bones low-end community where you'll live more cheaply and fit in nicely. I will support Poland and hope that your influence doesn't ruin all that we have.

Suggest removal:


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