Have questions? Get answers.
These are some of the most common questions we’ve received about the upcoming levy. Feel free to reach out to any levy committee member with additional questions.
Why have the district’s expenses increased?
Just like in our everyday lives, expenses are increasing at a rapid rate. Despite the district’s best efforts to implement cost-saving measures, inflationary factors are causing expenses to climb.
Why is the district asking for an earned income tax?
At a time when there is so much opposition to property taxes, adding an income tax to Wynford’s funding makes great sense. Adding an earned income tax to our current property tax ensures a fairer distribution of the tax responsibility.
My property taxes have gone up. Doesn’t the school get more money from that increase?
Even though property taxes increase when property values increase, Ohio law prevents schools from collecting all of the increase. The rest of the increase goes to other government entities.
What is the length of the levy? How much will it cost me?
If passed, the levy will be in place for a period of 10 years. To calculate your personal responsibility, multiply your taxable wages by 1.75%. Click to learn more about what’s taxed and what’s not.
What does “earned income” mean?
This tax levy is an earned income tax levy. It is important to understand how “earned income” is defined and how it differs from total income shown on a federal tax return. Unlike some tax systems, there is no single line on the federal Form 1040 labeled “earned income” that directly determines this tax. Instead, “earned income” is constructed from specific parts of the tax return, rather than gross income or adjusted gross income. To learn more about earned income, click here to download a fact sheet.
What happens if the levy doesn’t pass?
If the levy doesn’t pass, then a series of additional cuts will be implemented to help balance the district’s budget. This is in addition to the over $700,000 cuts made over the past two years. An official announcement of additional, pending cuts will be shared at the April 20 board of education meeting.