What is a Permanent Improvement (PI) levy?
A tax levy results from a process by which taxes are proposed, approved by voters, charged and collected. Boards of education propose additional local revenues in the form of a specific tax by a board resolution. Ohio Revised Code 5705.01 outlines the allowable use of funds from a Permanent Improvement (P.I.) Levy. “Permanent improvement” means any property, asset, or improvement with an estimated life or usefulness of five years or more.
For the details on the PI levy for Nordonia, go to the Nordonia School District Website READ MORE
