Lebanon school board members approved a tax levy seeking new money. The 4.99-mill, 4-year levy will appear on the May 7 ballot. STAFF

Lebanon school district to seek new 4.99-mill levy

The board voted Tuesday night to ask district voters to approve the levy, expected to raise $5 million a year in new money for operations.

Superintendent Todd Yohey said the money was need to offset expenses that have risen over the past eight years, when the last levy for new operating money was approved in the Lebanon school district.

RELATED: Lebanon school board takes first step toward additional levy

“It was supposed to last five years. We stretched it to eight,” Yohey said earlier this month.

County Auditor Matt Nolan said this would likely cost property owners $175 for every $100,000 of property value.

At this point, the only other issue on the May ballot in Warren County is a referendum on a rezoning in Wayne Twp.

MORE: School districts decide to pay special elections expenses

The money would be used to pay utility bills, transportation costs and other expenses that have gone up since the last new-money levy was approved in 2011 by a 251-vote margin, according to Yohey.

RELATED: Lebanon underpaid 2 school districts $3.1 million

In March 2016, just under 62 percent of Lebanon district voters approved a 3.5-mill renewal levy.

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