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Strongsville Schools Give Taxpayers a Break

District will stop collecting bond issue two years early -- a guarantee to voters that Issue 116 will not raise taxes significantly

 

The Strongsville School District will stop collection on a voter-approved bond two years early, a way of guaranteeing voters they will see property taxes drop $77 a year per $100,000 in home valuation.

Interim Treasurer Denise Holcomb told school board members the district has enough in the fund now to pay off the bond this year, even though it could be collected through 2014.

"We're going to cease collection of the bond issue," Holcomb said.

Supporters are campaigning for Issue 116 by showing voters they can build a new middle school and make major improvements to other buildings with only a small tax increase -- about $25 a year for the average homeowner.

The $81 million, 33-year bond issue would cost homeowners $95 a year for every $100,000 in home valuation, but because other bond issues that currently cost $77 a year are expiring, homeowners would see their taxes rise only $18 a year per $100,000 of home value.

One bond expiring at the end of 2012 currently costs homeowners $66 a year for every $100,000 in valuation.

The other -- the one that is being suspended early -- costs $11 a year.

"We have enough money in our bond fund to pay it off," Superintendent John Krupinski said. "We will not collect it after December."

Issue 116 would pay to build a new middle school on the site of the existing Center school, consolidating the two buildings into one to save operating money for the district. 

It would also pay for extensive upgrades, especially in technology, at Strongsville High School and would make needed repairs at the elementary schools.

Krupinski said hundreds of volunteers are continuing a campaign for Issue 116, with another "walk and talk" door-to-door event planned for Saturday and on-going phone banks.

He said the district has contacted more than 7,000 residents so far through one or both of those efforts, and has also sent out a mailing.

"And all that will continue," he said.

Krupinski has called this year "the perfect storm" for the $81 million bond issue -- not only will property taxes be doing down next year, but interest rates and construction prices are low. 

lyn October 10, 2012 at 10:55 PM
Debbie- Thanks for the link. That was the last I thought I had heard mention of any contract talks. According to that article from July 26, you mentioned they might start meeting the beginning of August. I think many of us in the community would like to know what progress they are making and what issues are problematic. It seems rather strange that a contract expired over 3 months ago and almost nothing has been said about a new one. It all seems intentionally hush-hush and meant to keep quiet from the taxpayers. As I mentioned months ago, it would be interesting to see both sides initial contract proposals - just as they showed the community of Brecksville, so the residents could see what each party wanted or expected.
Winston Smith October 11, 2012 at 01:00 PM
I'm giving MYSELF a break by voting "NO" on this tax increase/tax continueance. :)
Linda W October 11, 2012 at 02:26 PM
Why are the tax amounts always based on a per $100,000 home when most of the homes in Strongsville are valued at much more than $100,000? Is that so the taxes don't seem to hurt as much?
TSW October 28, 2012 at 09:37 PM
Does anyone know the projected NEW annual cost to taxpayers for total middle school $145 million bond project based on $100K home value ? All I see is reference to $81 million- but isnt there a second phase of $64million coming up next (2013 or 2014) to be voted on? Shoudnt we be looking at "total increase" in taxes - not just partial increase ? I estimate total annual cost at $170/yr per $100K home value for full $145 million in total bonds. The curent (expiring) bonds cost $77/yr now based on $100K home value. If someone has the actual figures- please share. TSW
lyn October 28, 2012 at 11:42 PM
And I would like to know what the status is of the teachers contract negotiations. Such as, how much have they been meeting, what are the areas they can't agree on and what are the demands from both sides? So, in addition to wanting to know the costs for both phases to the taxpayers, will the new contract result in the board coming to the taxpayers for a levy to also cover additional operating costs for the teachers? Shouldn't we know all this before voting on part ?????

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