OFCS March 2020 Operating Levy: Cost Chart

 

Olmsted Falls Coty Schools Triple A logo

 

Estimated Cost Chart for OFCS Operating Levy
on March 2020 Ballot

 

 

Home Value

Taxable Value

(35% of Home Value)

Estimated Cost*

Per Month

$50,000

$17,500

$11.52

$100,000

$35,000

$23.04

$150,000

$52,500

$34.56

$200,000

$70,000

$46.08

$250,000

$87,500

$57.60

$300,000

$105,000

$69.13

 

*The estimated cost in this column reflects the reduction of the effective tax rate to 7.9 mills.  The Board of Education has committed to reducing the effective tax rate of the 8.9 mill levy to 7.9 mills by tapping into the District’s debt fund and paying off the middle school expansion project from 2007 earlier than required.

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Olmsted Falls City Schools26937 Bagley Road
Olmsted Falls, OH 44138