The Archbold Area School Board passed the final resolution to place a renewal of the $1.1-million emergency operating levy on the May 3 primary election ballot.
The vote came during a special meeting, Wednesday, Jan. 26.
Jon Lugbill, board president, said, “Based on current property valuations, the millage rate needed to generate $1.1 million will be 5.39 mills.
“Back in 2006, when the emergency levy was originally passed, the millage rate to generate the same $1.1 million was 4.91 mills.
“The board has discussed for a while the current economic picture and the overall valuation of the district.
“With this being said, and after careful consideration, the board feels that requesting a renewal of the five-year emergency operating levy for the same dollar amount is the most prudent decision at this time.” Employee Presentation
The board has already scheduled three presentations to the school district employees: at 9 am and 3:30 pm, Monday, Feb. 14, and at 7 am, Saturday, Feb. 19.
Board members are invited to attend the meetings, during which Christine Ziegler, district treasurer, and David Deskins, district superintendent, will discuss the district’s expenditures and five-year financial forecast.
One of the issues the two will talk about is the change in the millage.
After the levy was passed, the national and local economy faltered and property values decreased, particularly in the area of industrial property. Between 2009 and 2010, industrial property values in the school district sank by $18 million.
Currently, property owners in the school district are being charged 5.4 mills to generate $1.1 million.
Brett Kolb, Fulton County auditor, determined the owner of a home valued at $100,000 pays about $165 per year for the current levy.
School officials have said renewal of the $1.1-million levy may only carry the district two years into the future, before they are required to seek more money from taxes. Coaches
During the special meeting, board members approved four one-year supplemental contracts for assistant high school track coaches for the 2010-11 school year.
Approved were Chris Baden, Brett Cordy, Jake Kraegel, and Brannon Wurster. Also, Rachel Kinsman was recognized as a volunteer track coach.