The library receives almost half of its funding (45% in 2010) from a property tax levy, and a little more than half of its funding (55% in 2010) from the State of Ohio's Public Library Fund.
The library currently receives about half its funding from a 5-year, 1.9-mil levy on property in most of Cuyahoga Falls and all of Silver Lake. This levy went into effect in January, 2012 and expires in December, 2016, and it costs the owner of a $100,000 house about $1.12 per week.
The library's service area (and taxing district) is the Cuyahoga Falls City School District, which includes Silver Lake but does not include the part of Cuyahoga Falls that is in the Woodridge School District.
State of Ohio Public Library Fund
Ohio’s public libraries are currently funded through 1.97% of the state’s total general tax revenue. The amount received by Cuyahoga Falls Library through this fund has dropped 40% since 2001, and continues to drop. The number of items checked out from the library has more than doubled since 2000.
Public Library Funding in Surrounding Communities
All public libraries in Summit County benefit from local levies. The Hudson Library has a levy now, and will have a 2.3-mill levy that begins in 2012. Residents in the Akron-Summit County Library’s service area, including the Woodridge School District, pay a 2.1-mill levy for their library. Stow/Munroe Falls and Twinsburg residents pay 2.0 mills for their libraries.
The Board approved the 2015 General Fund operating budget at their Annual Meeting on January 27, 2015.
|2015 Operating Budget (PDF)||7.1 KB|