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An Ohio real estate agent is comparing properties in two different school districts. District A has a total millage rate of 85 mills, while District B has 110 mills. A buyer asks why the rates differ so dramatically. The agent should explain that the difference is PRIMARILY due to:

Correct Answer

C) Different levels of voter-approved levies in each school district

The primary reason for differing total millage rates between Ohio school districts is the number and size of voter-approved (outside) levies. While all Ohio properties share the same 10-mill inside millage limit, the amount of voted levies varies based on what each community's voters have approved for schools, safety services, and other purposes.

Answer Options
A
Different assessment rates applied in each district
B
Federal mandates requiring higher taxes in certain areas
C
Different levels of voter-approved levies in each school district
D
The County Auditor charging higher rates in wealthier neighborhoods

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Related Topics & Key Terms

Key Terms:

millage_rate_variationvoter_approved_leviesschool_districttax_rate
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