Issue 4: Claymont City School District levy decrease (by petition)

The question, as printed on the ballot

At the election held on March 17, 2020 voters approved a tax levy of 5 mills for a continuing period of time for the benefit of Claymont City School District for the purpose of current operating expenses and general permanent improvements. A petition filed by electors proposes a decrease from the voted millage of 5 mills to 2 mills, being a reduction in property tax of 3 mills for each $1 of taxable value. The county auditor estimates the current tax levy collects $1,309,022 annually, which amounts to $127, for each $100,000 of the county auditor's market value. The county auditor further estimates the proposed decreased levy will collect $523,609 annually, which amounts to $51, for each $100,000 of the county auditor's market value. Shall the rate of tax be reduced from 5 mills to 2 mills?