To the voters of Montgomery County, it’s time to vote no on a Sinclair levy. When they decided to expand to Warren County, the fastest growing county in the state, they didn’t ask a penny from voters there. They claim that no Montgomery County funds are spent there, yet, we all know that if you are King Johnson of Sinclair, considerable amounts of your time were spent lobbying, negotiating and managing this expansion- at a cost to the citizens of Montgomery County, who have paid for, and deserve your UNDIVIDED ATTENTION.
From the press release posing as a story in the Dayton Daily news today:
Sinclair Community College’s Board of Trustees voted unanimously Tuesday to take a new levy before Montgomery County voters in November…
According to the Montgomery County Auditor’s Office, the new 1-mill levy would cost an owner of a $100,000 home $35 per year. That’s in addition to the $98 those homeowners already pay for Sinclair’s 3.2-mill levy, which passed in 2008.
Sinclair pulls in slightly more than $27 million each year from property taxes. But if the new levy were to pass, the auditor’s office says the college would receive an additional $8.5 million per year.
Aside from levy funding, the college will rely mostly on state appropriations and tuition to cover 2016 expenses totaling $121.4 million…
As a result of the recent economic downturn, county property values dropped and Sinclair received lower-than-expected levy funds.
The college says it has watched its per-student, inflation-adjusted state appropriations decrease, dropping around 40 percent since 2000. In 2016, the college is expected to receive $700,000 less from property taxes than it did in the most recent fiscal year.The college’s revenue is projected to fall by $3 million to $124.2 million from fiscal year 2015 to 2016. Its 2016 expenses are expected to drop by $4.2 million, to $121.4 million.
Source: Sinclair to ask for 1-mill levy [1]
Note, the reason our property values have dropped is also because the region’s income has dropped. We can’t afford to subsidize your empire anymore. Sinclair is the only public institution that carries no debt and has a large cushion in its budget, thanks to the work and foresight of Dr. Steven Johnson’s predecessors.
If you need more money, go to Warren County and ask them for at least a 1.6-mill levy- half of what we already pay, and see what happens.
No more money for you until they pay a part.
Renters will vote for it as usual and because there are more of them it will pass – poor and stupid wins in Montgomery County
Unfortunately I agree with Ralph here – most of the county would unfortunately vote yes. It’s only one mill after all, they’ll say. All the people who vote yes would likely be among those who (1) rent and don’t know better; or (2) their house is worth so little that it wouldn’t cost them anyway.
Montgomery County already has the second highest property tax rate out of all 88 Ohio counties. Cuyahoga County has the highest.
They both have a few things in common: they’re both owned by the Democrat Party, they have a history of corruption and incompetent governance, and they both continue to bleed population to neighboring counties on a daily basis.
While Montgomery County continues to lose taxpayers, Miami, Greene, and Warren are all growing. They all have lower sales tax rates, all have lower property tax rates, and don’t have to contend with the Democrats owning the county at all levels.
Auston, can you provide a link to a ranking please? I can’t find it.
Click on the download link here: http://www.tax.ohio.gov/tax_analysis/tax_data_series/publications_tds_property/PR6CY15.aspx
Diane beat me to it – Montgomery County is actually now the highest in terms of net property taxation for commercial and industrial properties. That’s not a good honor to have. All things equal, a property in Greene or Warren County will be taxed at some 20 mills lower than the property if it were located on the wrong side of County Line Road.
Drive down Wilmington Pike some time by I-675. Ever notice how, heading out from Kettering, almost all the retail development is on the left side of the road? All the big box stores? That’s no accident – Sugarcreek Township has a lower tax rate than the city of Centerville. The sales tax is lower (by half a point) and also there’s no municipal income tax (the cockamamie game that Centerville is playing with Costco aside).
Ever notice that the Greene is located just on the Beavercreek side of the county line? That’s no accident either.