Question 23: Property Tax (Renewal & Decrease)

A renewal of part of an existing levy, being a reduction of 0.25 mill for each $1 of taxable value, to constitute a tax for the benefit of Coventry Township for the purpose of supporting the necessary
operations of the Township under its existing police contract with the Summit County Sheriff as authorized under Revised Code Section 5705.19(J) that the county fiscal officer estimates will collect
$1,353,006 annually, at a rate not exceeding 4.75 mills for each $1 of taxable value, which amounts to $115 for each $100,000 of the county fiscal officer's market value, for 5 years, commencing in 2027, first due in calendar year 2028.