Election Results for Issue 67:
--------- Last updated: 11:48 p.m.
25/25 precincts counted.
Results are final but unofficial according to the Summit County Board of Elections.
"I sincerely appreciate the continued support of the Stow and Munroe Falls communities for our 'Excellent' school district. The passage of Issue 67 reaffirms the support our citizens have for the excellence in education for children every day," said Superintendent Russ Jones. "On behalf of the board of education, staff, parents and most importantly our students, I sincerely appreciate their belief in and support of our district."
The current five year levy in place is for 7.3-mills and generates $7.3 million annually for operating funds. It expires at the end of the year. The current levy, although passed five years ago at 7.3-mills, is being collected at 8.05-mills. According to Summit County Fiscal records, an 8.05-mill tax costs the owner of a $100,000 home about $250 annually.
The millage for the renewal is higher than when it first passed and it is for 10 years, not five. The renewal levy will still generate $7.3 million annually for the district. It begins in 2013 with collection starting in 2014.
The renewal levy will cost the owner of a $100,000 home:
- $240.10 a year
- $20 a month
Click Here for more 2012 Stow election results.