Never in the history of taxation has there been an example of a school district lowering its tax rates for constituents. At least, none that I know of. But up here in NW Ohio is a small town school board that is going to do that very thing. Makes your head swim.
Currently, the income tax rate is 1.25%. This was voted in several years ago, when there was serious financial difficulties in the district. Those were dark days for Swanton - housing took a hit, people actually moved out of the district, and Swanton School district had a black eye in the area for quite a while.
But the school board is moving forward with lowering the income tax rate to 0.75% - can you believe it? Plans are in the works to place the new, lower amount on the ballot this coming November, when a large voter turnout is expected for the Presidential election. I think the exissting levy collects until 2009, so if this new - lower - rate passes in the fall, it would take effect January 2010. Is that right? I think so . . . but if I have that mixed up, please tell me.
It is no small thing for a school board to work this hard to help their district residents. School board members deserve alot of credit for this action, so let them know how much you appreciate what they're doing by calling or emailing them. You can find contact information on the school district website: http://www.swanton.k12.oh.us/index.php?section=51
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