1. Isn’t the Medina County sales tax specifically for permanent improvements?
Yes. Cloverleaf receives money from the 0.5 percent county sales tax. In 2008, the decision was made to utilize that revenue to construct a new elementary school and close three elementary schools with a combined age of over 300 years. As a result, Cloverleaf was able to build the elementary school without our local taxpayers paying for a bond issue!
2. Why does Cloverleaf still need this PI levy now that the district is receiving NEXUS money?
3. With a future new high school and renovated middle school, will there still be a need for the PI levy going forward?
The Board of Education has made a commitment to continually assess our need for revenue. The 52.8 percent NEXUS appeal would have a big impact on the amount of revenue we receive as a school district. Our primary financial goal is to delay having to ask our taxpayers for NEW revenue in the form of an operating levy for as long as possible. In the short-term, passing this PI levy as a renewal contributes to this goal. For the long-term, the district is hoping to be in a financial position to provide some level of tax relief to its residents. That decision will be made as more information becomes available.
4. How much will this levy renewal cost?
The short answer is: LESS than it did in 2015!
When Cloverleaf’s 2-mill PI levy was last renewed in 2015, it raised $980,000 per year for our school district. When the Medina County Auditor certified the PI renewal for the March 17 ballot, he determined the same 2 mills were going to collect $1.2 million annually! Why the increase? Although there would have been some increase due to the recent Medina County property re-appraisal, the bulk of the increase is due to the added property value brought into the district by the NEXUS pipeline and compressor station.
However, Cloverleaf has based its funding needs on the original $980,000 per year generated by the PI levy. To that end, the Board of Education approved a resolution instructing the auditor to collect only $980,000 from this levy, NOT $1.2 million. And because of the added property value in the district, every taxpayer’s share of that $980,000 will go DOWN.
Exactly how much less Cloverleaf property owners will pay has yet to be determined. Here’s why: NEXUS has asked the Ohio Board of Tax Appeals for a 52.8 percent reduction in the assessed value of its property. A decision could take several more months. Regardless of the outcome of the appeal, the fact remains that Cloverleaf taxpayers will pay less for the PI levy because of the NEXUS pipeline.