On Election Day this year, the City of Willoughby will have two issues on the ballot. Issues 5 and 6 are both renewal tax issues which will not result in any increase in taxes. Both, however, are important issues.
Issue 6 is a 0.5 Mill Renewal Levy for recreational expenses. It is for a five-year period. The levy dates back originally to 1956. It currently raises about $74,450 and costs the owner of a $100,000 home about $3.50 per year (yes, you read that right). The levy raises about 20% of its original value. While this represents a small piece of our recreation budget, it is still an important piece for us.
Similarly, Issue 5 is a longstanding issue which also generates about 20% of its original value. It generates $221,000, which we apply towards general operating expenses (police, fire, service, etc). This levy costs the owner of a $100,000 home about $11.00 per year.
As you can see, these levies together cost a little over $1.00 per month for the average homeowner. Even though the cost is not significant, it still generates a substantial amount of money to help pay for City services. For this reason, I would urge you to support these issues by voting YES on ISSUES 5 AND 6.
Thank you for your consideration and have a great month.