School levy profile: Shelby City Schools
Shelby City Schools serves 2,000 students in its five Richland County buildings.
Thanks to a move by Governor Kasich, the District has lost what it estimates to be $2 million per year in state reimbursements for the Tangible Personal Property tax – eliminated by lawmakers in 2005. The state originally committed to keep districts and local communities whole by providing replacement revenue generated by the new Commercial Activity Tax until 2017. But upon taking office, Kasich accelerated the phase-out, leaving districts without the revenue a full five years ahead of schedule. [Read more…]