Question 3 - Proposed Tax Levy (Renewal)

A renewal of a tax for the benefit of Lima City School District for the purpose of the acquisition, construction, enlargement, renovation, and financing of general permanent improvements and current operating expenses, that the county auditor estimates will collect $1,836,189 annually, at a rate not exceeding 5.99 mills for each $1 of taxable value, which amounts to $142 for each $100,000 of the county auditor's market value, for 5 years, commencing in 2027, first due in calendar year 2028. The County Auditor has certified that the amount by which the carry-over balance in the school district's general operating budget from the preceding fiscal year exceeds the school district's general fund expenditures made in the preceding fiscal year is $-0-, which is 0% of those expenditures.