COVINGTON — Covington Council approved participating in two Ohio Public Works Commission (OPWC) state capital improvement programs and moving forward with two projects within the village during their meeting Tuesday evening. Those projects include the pump station improvement projects and the storm sewer replacement project on U.S. Route 36.
The council also heard the second reading of a resolution that would send a 2.5-mill tax levy for Covington residents to the Miami County Board of Elections for residents to vote on. The levy would provide a dedicated revenue stream solely for the village’s fire and emergency medical services.
The 2.5-mill tax levy would be for five years. According to the council’s resolution, the county auditor certified that the total current tax valuation of the village is $39,738,600. The 2.5-mill tax levy would generate approximately $99,346 annually if the current tax valuation stays the same.
The village currently funds its fire and EMS services through its general fund. Village administrator Mike Busse previously explained that revenue streams to the general fund have gone down since the elimination of local government funds from the state and the elimination of inheritance taxes. Busse said that while he may personally agree with the elimination of inheritance taxes, those previous revenue streams need to be replaced in order to continue providing quality emergency services.
What the costs of the potential 2.5 mill tax levy would look like to homeowners:
• A resident with a home valued at $50,000 will pay $21.88 every six months or 12 cents a day
• A resident with a home valued at $75,000 will pay $32.82 every six months or 18 cents a day
• A resident with a home valued at $100,000 will pay $43.75 every six months or 24 cents a day
During the village administrator’s report, Busse said that the village received notification from the Ohio Department of Transportation (ODOT) that their road salt price for this next winter will be $57.21 per ton. That price is down from last winter’s, which was $72.98 per ton.
Other items mentioned during Busse’s report:
• The water tower renovation project is continuing and will be painted in approximately two weeks
• The sidewalks for the 2016 Sidewalk Program are substantially complete, and the village still has a couple of lead walks, two sets of steps, and a small section of private walk to complete
• The curbs have been removed and re-poured on Steven Street for the 2016 Paving Program.