residential neighborhood on a cloudy autumn day; colorful fallen leaves on the ground

How does the County’s upcoming home valuations affect Summit DD’s levy? Your questions answered.

Summit DD received a lot of questions from the community about how the revaluation letters they received will be impacted by Issue 17, Summit DD’s replacement levy. The short answer is that it doesn’t. Issue 17 will be based on current values, not the new values that residents received letters about. Also, that value is locked in for the length of the levy cycle which is from 2025 – 2030. The amount you pay will not increase during that time. 

Recently Summit County residents received a letter that included the 2022 tax value amount and the 2023 tax value amount. Issue 17 on November 7 is calculated using the 2022 tax value amount. 

Summit DD’s levy is considered outside millage, which protects homeowners from inflationary tax increases. As home values increase during the length of a levy cycle, the effective millage Summit DD collects decreases to ensure that homeowners do not pay more than they voted for.  

Voters passed a 4.5 mill operating levy in 2005. Summit DD has not received an increase in funding since then. The 4.5 mill levy passed in 2005 now has an effective rate of 3.8 mill because of the reduction factor to protect homeowners against inflationary tax increases. 

Since that time, Summit DD has experienced a 30% growth in demand for services and an increased cost to provide these services. Issue 17 is a replacement levy of the 4.5 mill levy originally passed in 2005. It is based on the 2022 tax value amount of your home. It locks in that 2022 tax value amount for the length of the levy cycle, from 2025 – 2030. It will cost a homeowner $158 annually for every $100,000 tax value, which is $3.58 more a month than what homeowners currently pay. It supports vital health and safety services for more than 5,000 children and adults with developmental disabilities in Summit County. 

It is important that voters have all of the information they need when casting their vote on November 7. If you have additional questions, please see our FAQ or contact us for more information. 

 

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