July 23, 2024

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Canton schools takes step to place $60M tax issue on election ballot

3 min read
Canton schools takes step to place M tax issue on election ballot
Canton schools takes step to place M tax issue on election ballot

CANTON − A tax problem that could transform how Canton Metropolis Schools educates its elementary pupils is heading toward the May possibly election ballot.

The Canton City faculty board on Wednesday took the to start with in a two-step procedure to put a 36-year, $60 million bond concern on the Might election ballot. The board’s vote asks the county auditor to identify the volume essential for the tax difficulty so it would raise $60 million. After the auditor certifies the sum desired for the levy, the board will vote to formally put the situation on the ballot.

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While the total of the tax challenge has not been established, Superintendent Jeff Talbert has earlier reported an owner of a $100,000 dwelling would fork out no more than an further $4 a calendar year over what is paid out now. Householders currently pay $132 a year for a $100,000 household for a 4.3-mill bond problem that voters accepted in 1999, according to the Stark County Auditor’s Business office. That bond issue will expire at the conclude of 2023.

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