The Troy City Schools will have a 5.9-mil operating levy renewal on the May 6 ballot. This is a renewal, which means if it passes, it will NOT increase taxes. If the levy passes, the funds it raises will pay for day-to-day operating expenses in the district.
Here are some frequently asked questions regarding the levy:
What is an operating levy?
A school operating levy is a local property tax, approved by voters, that provides ongoing funding for a school district's day-to-day operational expenses. Operating levies help pay for:
- Teacher and staff salaries
- Benefits
- Purchased services
- Supplies and materials
- Equipment
How much is Troy’s operating levy on the May ballot?
The Troy City Schools will have a 5.9-mil operating levy renewal on the May 6th ballot
If this levy passes, how much will it raise taxes?
Because this is a levy renewal, it will NOT increase taxes. This operating levy was first passed in 1990 and has been renewed six times since then. It last passed in November of 2019.
If it passes, how much will it cost taxpayers?
Our residential/agricultural property taxes are at the minimum amount required by law. Because of this, whether it is renewed or not, this levy will cost homeowners $8.33 per month for every $100,000 of home valuation.
What happens if the levy does not pass in May?
Although levy failure would not reduce residential or agricultural property taxes, our school district would lose tax proceeds from business real estate because they are calculated at a different rate. Therefore, if the levy does not pass, the Troy City Schools would be forced to reduce its budget, or put the levy on the Nov. 4, 2025 ballot.