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An Ohio school district is considering whether to place a 'continuing' levy or a '5-year' levy on the ballot. From a taxpayer's perspective, what is the KEY difference?

Correct Answer

B) A continuing levy never expires and does not need to be renewed by voters, while a 5-year levy must be renewed

A continuing levy in Ohio has no expiration date and remains in effect permanently without requiring voter renewal. A 5-year levy expires at the end of its term and must be placed back on the ballot for renewal. Both types are subject to HB 920 reduction factors and have no inherent millage limits.

Answer Options
A
A continuing levy generates more revenue in its first year than a 5-year levy
B
A continuing levy never expires and does not need to be renewed by voters, while a 5-year levy must be renewed
C
A 5-year levy is not subject to HB 920, but a continuing levy is
D
A continuing levy is limited to 5 mills, while a 5-year levy has no millage limit

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Related Topics & Key Terms

Key Terms:

continuing_levyterm_levyvoter_renewallevy_types
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