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PCSD Board Approves Plan to Eliminate Three Property Tax Levies if Income Tax Passes

PCSD Board Approves Plan to Eliminate Three Property Tax Levies if Income Tax Passes

The Parma City School District (PCSD) Board of Education has approved a resolution outlining its plan to eliminate three existing property tax levies and implement budget reductions if voters approve a 1.75% School District Income Tax in the May 5, 2026 election.

The three levies currently generate approximately $9.2 million, $15.6 million, and $15.7 million per year and were originally scheduled to remain in place through tax years 2029, 2030, and 2033. If the income tax is approved, the district plans to stop collecting these levies beginning January 1, 2028, providing property tax relief for homeowners in the district.

If approved by voters, the School District Income Tax, also known as an earned income tax, would take effect January 1, 2027 and apply only to earned income, such as wages, salaries, and self-employment income.

It would not apply to retirement income, including pensions, Social Security, or disability benefits.

Resident homeowners who are retired and do not earn wages would not pay the School District Income Tax, while still benefiting from the early end of the three property tax levies.

“Our goal is to be open and transparent about how we plan to address the district’s financial challenges,” said Dr. Scott J. Hunt, Superintendent. “Our schools are a reflection of our community, and we want residents to understand the decisions being considered as we look for ways to support our schools while reducing reliance on property taxes.”

For more information about the ballot issue and district finances, residents are encouraged to attend upcoming community information sessions. The first Community Conversation will take place Wednesday, March 18 at 6:00 p.m. in the Valley Forge Media Center. More information about the event can be found here.
 

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