Cuyahoga County has corrected figures estimating how much money individual school districts will gain based on new property values. The original estimates included taxes that do not increase with inflation, leading to errors for school districts. The county apologized for the confusion and stated that the revised estimates are still subject to change. The corrected estimates show how much each school district is expected to receive next year based on increased property values.
The estimates factor in historical trends for unpaid tax bills in each community and use “inside mills” to account for increased taxes during times of inflation. The corrected figures range from $144,746 for Cuyahoga Heights to $5,839,432 for Cleveland. The total estimated increase for all school districts is $39,498,165.
The county is working to help school districts understand the revised estimates and maintain transparency during the reappraisal process. The goal is to provide assistance to schools as adjustments are made. The corrected estimates will impact how much each school district receives based on the new property values.
For a complete breakdown of how much each school district is estimated to receive, mobile users may need to use a provided link. The county is committed to ensuring accuracy and clarity in the distribution of increased tax revenue to support education in Cuyahoga County.
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