On May 4, 2021, Sidney City Schools will be asking voters to approve, for 10 years, a 0.75% earned income tax levy to generate $3.3 million to support the district's operations.
It has been 12 years since the district has received new local money. Out of 20 regional schools surrounding Sidney City Schools, our district is the LOWEST locally funded school district.
A few facts about the levy:
- 0.75% EARNED income for 10 years
- Earned Income taxes the working wages (W2) and income from self-employment of the RESIDENTS of the Sidney City School district
- There is a whole list of incomes not taxed with the Earned Income, including retirement income, social security, pensions, unemployment and workers compensation, alimony, and child support.
- Passage of this levy, coupled with the cuts and changes the district has made to reduce expenses, will stabilize district finances for the foreseeable future.
- This levy will help to fund the day-to-day operations of our schools, such as staffing, utilities, and supplies.
- A strong public school system attracts business and commerce, which helps grow local property values and reduces the local tax burden on individual property owners. Good schools also attract good people to our community.
If you have any questions about the levy on the ballot or Sidney City Schools in general, my communication lines are always open! I will gladly talk with anyone.