The Grafton Township Board of Trustees approved a property tax levy of roughly $727,000 on Monday, which is about 10% lower than last year’s levy and roughly $433,000 lower than its 2015 levy. Township Supervisor Eric Ruth said at this level, the board should be spending about what is being levied in the future. “I believe that based on our average expenses and the reserve that we have remaining that that’s a very viable cut,” Ruth said. Ruth said that the average town fund expenses have been about $760,000 for the board in the past three years.