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Home»News»Delta Village Council Looking At Tax Levy Replacement
News

Delta Village Council Looking At Tax Levy Replacement

By Newspaper StaffFebruary 25, 2023Updated:March 11, 2023No Comments2 Mins Read
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By: Jacob Kessler

During the Delta Village Council meeting held on Monday, February 20th, council approved the first reading of Resolution 23-05.

The resolution was voted on to replace an existing tax levy for recreational purposes pursuant to Ohio Revised Code Sections 5705.19(H) and 5705.25.

The topic of a levy replacement was discussed by council back in December of 2022.


During discussions it was pointed out that there are numerous needs and possible projects within the park.

One of the two current levies are up for reconsideration, and it has been decided a replacement would be attempted rather than a renewal.

According to the Village of Delta, the current levy that will be expiring generates $56,000 annually for the pool, $23,444 annually for the park and another $44,227 annually for the park.


The levy replacement will instead generate $69,353 for the pool, $27,741 for the park and another $55,483 for the park.

The millage for each of these will remain the same with the pool at 1.25 mills, with 0.5 mills and 1.0 mills for the parks.

For reference, a mill is equal to one tenth of a cent or $1.00 for each $1,000 of assessed property value.

The reason the amount of money will increase, yet the mill amount will stay the same, is due to property values being lower at the time of the levy being enacted.


The replacement levy will go off of the new increased valuations for property.

This levy replacement has gone through its first reading and will have two more readings to go before advancing.

Jacob can be reached at jacob@thevillagereporter.com


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