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Ohio County board accepts levy estimate and recommends keeping excess levy at 95.5% of maximum
Summary
Finance staff presented preliminary assessed-value increases and a projected state-aid drop; the board accepted the levy estimate and recommended maintaining the operating-excess levy at 95.5% of the statutory maximum, with rate submission to the state auditor.
Finance staff presented preliminary assessed-value figures for fiscal year 2027 and recommended the board keep the operating-excess levy at its current level of 95.5% of the maximum allowed. Staff noted an increase in assessed value compared with the current year—about $245 million higher in certified value—but cautioned that preliminary state-aid estimates…
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