Coventry school board places extended levy renewal on ballot
COVENTRY — Coventry Local Schools is seeking to renew a relatively new levy and collect the amount it currently generates for a decade.
“In order to reduce levy fatigue, as well as save on Summit County Board of Elections expenses, we will be asking voters to renew the 2010 emergency levy for a 10-year term at the same dollar amount this November,” said district Treasurer Aaron Butts.
At a special meeting April 1, the Coventry Board of Education approved placing the emergency levy renewal on the Nov. 4 General Election ballot.
“The 2014 November levy is, in fact, a renewal where we are hoping to ‘extend’ the period of time where we collect taxes used for daily operations of Coventry Local Schools,” Butts explained in a recent district newsletter. “Since this is a renewal, it is important to note it means no new taxes.”
The November 2014 emergency levy renewal was first approved in May 2010, he said.
The 6.25-mill emergency levy generates about $1,985,175 each year for a period of five years for a total amount of $9,925,875, he said.
If approved, the 2014 emergency levy would provide the district with close to $20 million over the 10 years, figures show.
Butts said the emergency levy would continue to help pay for the daily operations of the district, which include staffing, supplies, purchased services, transportation, athletics, music programs and the cafeteria.
If the renewal fails, the district would lose 18 percent of its local funding, he said.
“Failure is not an option in November,” Butts added.
Also at the special meeting, the board approved the renewal of the district’s property, bus fleet and liability insurance with Liberty Mutual Insurance Co. through Ayers Insurance Agency effective through March 31, 2015, at a cost of $78,124.
The next regular board meeting is scheduled for April 15 at 6 p.m. in the district administrative offices at the former Lakeview Elementary building, 2910 S. Main St.
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