Top 10 Reasons to Vote NO
LCSD PERMANENT Operating Levy
10. 30 Administrators receive perks that other employees don’t
LCSD pays BOTH the 14% employer portion AND the 14% employee portion of pension contributions
LCSD pays BOTH the 1.45% employer portion AND the 1.45% employee portion of medicare contributions
LCSD picks up some personal cell phone charges and paid vacations.
Extra perks for 30 administrators = more than $500,000 annually
How many Loveland residents don’t contribute even $1 to their own retirement?!
9. 30 Administrators receive $4.5 million in salaries and benefits
In 2019, LCSD spent $500,000 on administrative incentives NOT the children
14 (Principals, Asst. Principals/Building Coordinators) for 12 grades?!
8. Taxing loyal fixed income families out of their homes or offering suggestions on how to afford :
7. More than 60% of your tax bill goes to LCSD using Miami Twp as example
After this levy, 65% of your property taxes will go to the schools.
How long can we stay on this trajectory?
6. The Facilities Master Plan is on “Pause”
Costly Facilities Master Planning process yet no Plan B?
Grailville purchase contract cancelled - now what?
What are the needs?? And what are the realistic solutions?
No appropriate regard to economic climate of the community
Where is the leadership from the board/administration in planning, budgeting and accountability
Direction correction before we hand over more $$$!
5. Facilities repairs neglected for over 5 years according to LCSD Business Manager
Why? Were there “preconceived notions” in the 2018/2019 facilities master planning process?
If major repairs were neglected, do we have unused PI funds to use for these projects now? LCSD Business Manager says “No”
What were PI funds used for if not major repairs? STILL UNANSWERED!
No plan = additional $$$ requests coming soon (PI/ Bond issues)
4. Impact on your home’s value
The average effective property tax rate in Ohio is 1.57%, ranking as the 13th highest in the U.S. (Clermont 1.5%, Hamilton 1.8%) https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/
Finding from a study by Attom Data Solutions: “... on average, low to modest tax rates appear to be connected to higher recent appreciation.”
ODE data shows LCSD effective residential millage rate > than 85% of Ohio districts (including Indian Hill, Lakota, Kings, Mason, Milford and Sycamore.) The additional 6.95 mill levy would move Loveland above 94% (incl Wyoming, just shy of Madeira)
A 6.95 mill tax increase will cost an additional $20.27 per month on a $100,000 home. A prospective buyer would then have that much less to apply to a mortgage payment, which equates to having $4,752, or 4.8% less to spend.
From one LCSD resident and realtor:
3. Education must include technology and STEM
Educational trend OR trusted curriculum/tool?
How much is too much? Proven vs. ”shiny new penny?”
$7.4 million spent 7/15 - 11/19
$$$ + $$$ + $$$
2. Expenses UP (25% since 2015) - Enrollment DOWN 106 students
1. LEADERSHIP to keep schools and community strong
Lack of Leadership
Planning curriculum
Care of facilities
Stewardship of financial resources
Lack of Trust for receiving $6.25 million dollars more per year
The Board of Education is asking a very simple question:
Do we trust them with our money?
Lack of Transparency
Too many unanswered questions & not enough FACTS
Too much focus on threatened cuts without understanding the impact (or lack thereof) on our students,