Except as otherwise provided in section 5705.191 of the Revised Code, if the majority of the electors voting on a levy authorized by sections 5705.19 to 5705.25 of the Revised Code vote in favor of such levy at such election, the taxing authority of the subdivision may levy a tax within the subdivision or, in the case of a qualifying library levy, within the library district or association library district, at the additional rate in excess of the ten-mill limitation during the period and for the purpose stated in the resolution, or at any less rate, or for any of said years or purposes; provided that levies for payment of debt charges shall not exceed the amount necessary for such charges on the indebtedness mentioned in the resolution. If such levy is for the payment of charges on debts incurred prior to January 1, 1935, in excess of the ten-mill limitation but within the fifteen-mill limitation, the taxing authority of said subdivision shall levy in excess of the ten-mill limitation such tax if a majority of the electors voting on the levy vote in favor thereof.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Ohio Code 5705.26

  • Association library district: means a territory, the boundaries of which are defined by the state library board pursuant to division (I) of section 3375. See Ohio Code 5705.01
  • Debt charges: means interest, sinking fund, and retirement charges on bonds, notes, or certificates of indebtedness. See Ohio Code 5705.01
  • Library district: means a territory, the boundaries of which are defined by the state library board pursuant to section 3375. See Ohio Code 5705.01
  • Qualifying library levy: means either of the following:

    (1) A levy for the support of a library association or private corporation that has an association library district with boundaries that are not identical to those of a subdivision;

    (2) A levy proposed under section 5705. See Ohio Code 5705.01

  • Subdivision: means any county; municipal corporation; township; township police district; joint police district; township fire district; joint fire district; joint ambulance district; joint emergency medical services district; fire and ambulance district; joint recreation district; township waste disposal district; township road district; community college district; technical college district; detention facility district; a district organized under section 2151. See Ohio Code 5705.01