OV Schools Approve Nearly 9 Percent Levy Increase
December 31, 2014 Over $300,000 additional revenue requested by Keith Stewart keith@newsprogress.com In this month’s board meeting, the Okaw Valley school district approved a levy that seeks more than $300,000 in new revenue. After holding a truth in taxation hearing December 18, at which no objections were raised, the board formally approved the 8.81 percent increase in the levy using an estimated EAV of $81 million, up from the previous actual EAV of $73,966,393 The district tax rate comes to 4.5 percent, and results in an aggregate levy of $3,664,079, which is a $322,805.36 increase over the previous levy. The … Read More
