|2011* [without levy]....57%|
Q. Why is the levy necessary for the library?
A. This levy replaces our 1-mill levy that expires in 2010 ($890,483). It also attempts to replace lost state Public Library Funds ($282,719 in 2009 and $452,538 in 2010) and prepares the library for anticipated future cuts. The 2010 main revenue sources are: Public Library Fund (PLF) ($949,239 or 50%) and Levy ($890,483 or 46.91%).
Q. These are tough times, why can’t the Library “tighten its belt?”
A. We already have. Despite decreased state funding, the Library has worked to maintain a balanced operating budget and operate within anticipated revenue.
Q. What are the specifics of the levy?
A. It is a 2-mill continuous levy which will generate $1,972,105, and will be used for operating expenses. It replaces the expiring 1-mill 5-year levy and attempts to replace losses of state funding. It also attempts to bring us back to 2008 revenue levels (levy plus state funding) and provide support for the future. The levy will be on the May 4 ballot for voters in the Stow-Munroe Falls School District.
The owner of a $100,000 house currently pays $30.63 in annual property tax for the Stow-Munroe Falls Public Library. If the 2-mill levy passes the same homeowner would pay an additional $30.63 for a total of $61.25. This translates to a total of $5.10 per month or 17 cents/day.
Q. What will the Library do if the levy passes?
A. We will continue the library’s tradition of providing quality materials, excellent service and innovative programs.
Q. What will the Library do if the levy fails?
A. We will be forced to make some tough decisions. The library may:
Your library is more important than ever! Usage is increasing and funding is decreasing.
We encourage you to exercise your right to vote on May 4th.
3512 Darrow Rd Stow Ohio 44224
(330) 688-3295 www.smfpl.org