Frequently Asked Questions - Troy School Levy

Frequently Asked Questions
About the Operating Levy

A school operating levy is a local property tax, approved by voters, that provides ongoing funding for a school district's day-to-day operational expenses. Operating levies help pay for:

Teacher and staff salaries
Benefits
Purchased services
Supplies and materials
Equipment

How much is Troy’s operating levy on the November ballot?

The Troy City Schools will have a 5.8-mil operating levy renewal on the November 3rd ballot

If this levy passes, how much will it raise taxes?

Because this is a levy renewal, it will NOT raise taxes. This operating levy was first passed in 1990 and has been renewed six times since then. It last passed in November of 2019.

If it passes, how much will it cost taxpayers?

Our residential/agricultural property taxes are at the minimum amount required by law. Because of this, whether it is renewed or not, this levy will cost homeowners $8.33 per month for every $100,000 of home valuation.

What happens if the levy does not pass in November?

Although levy failure would not reduce residential or agricultural property taxes, our school district would lose tax proceeds from business real estate because they are taxed differently than residential property. We would lose approximately $1,535,237 from business property taxes if the levy does not pass.

Frequently Asked Questions About the Operating Levy

Frequently Asked Questions
About the Operating Levy