Renewal Street Levy - No Tax Increase
Renewal Street Levy on May 4th Ballot
City Council has placed a renewal 3.4 mill continuous street levy on the May 4, 2021 ballot. This levy represents approximately 76% of the street levy fund revenue and is the primary funding source for 37 full-time employees.
What does this levy provide for?
- Provides funding for the operation of the Street and Engineering Divisions.
- Provides the availability of local funds to leverage State and Federal grant monies utilized to upgrade the street system, as well as to fund the annual street resurfacing program.
- Maintains approximately 253 centerline miles of street, street lighting, signs, traffic signals, pavement markings and storm sewer systems.
- Provides residents and traveling public services such as snow plowing, street sweeping, pavement repairs, mowing, landscaping, ditching, tree trimming, and is essential in maintaining the infrastructure of the City.
Is this a tax increase?
No. The amount of money collected will stay constant with the amount of funding received during the last levy cycle.
Why is the request for a continuous levy, not a 5-year levy?
The City would like to eliminate the risk of losing 76% of the street levy fund revenue necessary to maintain the current service levels of the street department and stabilize our funding for the future. Additionally, this will preserve the 12.5% property tax rollback on a portion of this levy issued by the state to our residents.
How much will the levy cost per $100K valuation?
The levy will cost residents $88.93 per $100,000 value of their property.
What are the consequences of not passing the levy?
City of Beavercreek residents would see a significant reduction in street and engineering services.