Issue 14 ... as it appears on the ballot:
Posted: Mon Apr 01, 2013 12:15 pm
Per Cuyahoga County Board of Elections, here is the Issue 14 wording:
An additional tax for the benefit of the Lakewood City School District for the purpose of current expenses at a rate not exceeding 3.9 mills for each one dollar of valuation, which amounts to 39 cents for each one hundred dollars of valuation, for a continuing period of time, commencing in 2013, first due in calendar year 2014.
Can someone please explain to me what the phrase "for the purpose of current expenses" means? Unrestricted general operating dollars? vs. capital or project-specific use?
Thanks
An additional tax for the benefit of the Lakewood City School District for the purpose of current expenses at a rate not exceeding 3.9 mills for each one dollar of valuation, which amounts to 39 cents for each one hundred dollars of valuation, for a continuing period of time, commencing in 2013, first due in calendar year 2014.
Can someone please explain to me what the phrase "for the purpose of current expenses" means? Unrestricted general operating dollars? vs. capital or project-specific use?
Thanks