Click on the following buttons to learn more about Issue 4.
During a special meeting on Friday, June 10, the Board unanimously approved placing a 3.8-mill Substitute Levy on the November 8, 2022 ballot.
The District originally voted for an Emergency Levy back in 2013. This November’s Substitute Levy is the same as the 2013 Emergency Levy in the revenue it generates from the property taxes paid by current homeowners. It’s a fixed dollar amount– meaning there is no new tax. The difference between the levies is that a Substitute Levy permits revenue growth on new construction, which means it can now capture revenue when new homes and new businesses are built in the District. This additional revenue the District collects from new construction would not change how much existing property owners pay. It stays the fixed dollar amount the community approved back in 2013. Not a new tax for existing property owners.
Because the City and Township are expecting 350+ new housing units in the next few years, by changing to a Substitute Levy, the District can collect taxes on these new developments with no increase or change to current homeowners–something that is not possible with the current Emergency Levy.
If you have any questions, please call the Louisville Administrative Office (330-875-1666) to speak with Superintendent Michele Shaffer or Treasurer Derek Nottingham.