Willoughby-Eastlake Schools….they are back for more…updated

Meet Steve Thompson, Superintendent of Willoughby-Eastlake School  Superintendent…..He is back for more of your hard earned money…..seems that they have an insatiable appetite for spending your money.

Just when the W-E taxpayers thought that they were out of free and clear of more property tax levies Mr. Thompson and his Board want to have a special election on August 6, 2019.  Why would they want a special election, and what will it cost the taxpayers?

  1. The cost to the school district is estimated to be $67,595.98, with $43,937.39 paid in advance. [Thanks to a Willougbhy-Eastlake lobbyist for this correction: This payment of $67,595.98 is, in reality, an additional tax paid by the taxpayers.]
    WE Special Election 8-19
    Memo Special Election Cost Estimation Form 2019 – Willoughby-Eastlake CSD
  2. How many people do you think will vote in a “special election”.  People are on vacation in August, and the voter turnout will be very low….in our opinion, all part of the plan

Here’s the ballot language for Willoughby-Eastlake City School District’s August 6, 2019, Special Election:

Issue 1

PROPOSED TAX LEVY (ADDITIONAL)

WILLOUGHBY-EASTLAKE CITY SCHOOL DISTRICT

A majority affirmative vote is necessary for passage.

An additional tax for the benefit of the Willoughby-Eastlake City School District for the purpose of current expenses at a rate not exceeding 4.99 mills for each one dollar of valuation, which amounts to 49.9 cents for each one hundred dollars of valuation, for a continuing period of time, commencing in 2019, first due in calendar year 2020.

FOR THE TAX LEVY

AGAINST THE TAX LEVY

(LFC Comment:  4.99 mills = $174.65 per year per $100,000 of home valuation.  ($35.00 x 4.99) [another way to calculate it: $100,000 home valuation x 35% = $35,000  (assessed value) x 4.99 mills = $174,650 / 1,000 = $174.65)

When you consider the Housing Affordability Factor the cost per $100,000 of home valuation is  $502.16 ($174.65 / .30).  That means you will need to earn an additional $502.16 in annual income per $100,000 of home valuation in order not to move closer to pricing yourself out of your home.  If you live in a $300,000 home, you will need to multiply those numbers by a factor of 3.

Remember your HAT % = [mortgage, + utilities + property tax] / annual income
If that % is 30% or more, then your house is deemed unaffordable for you.)



Categories: Lake, Lake County Cities & Townships, Uncategorized, Willoughby

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14 replies

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  7. Sorry, but I do not know the answer to that question.

  8. Do we as taxpayers of the school sytem provide a car for the superintendent?

  9. Linda, if you are not registered to vote I would suggest that you contact the Lake County Board of Elections. The Director’s name is Ross McDonald. They can handle it for you.

    105 Main Street
    P.O. Box 490
    Painesville, Ohio 44077-0490

    Phone: 440-350-2700
    Fax: 440-350-2670
    Email: lake@sos.state.oh.us

    Office Hours: Monday-Friday – 8:00am – 4:30pm

  10. I’m retired on a fixed income how much more do they think they can throw on the back of us retired people before we can’t afford to live in our own homes anymore

  11. Where is this election at so I can vote

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