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A resolution to proceed with a 6.85-mill emergency levy for operating expenses garnered approval Tuesday in a regular meeting of the Indian Lake Schools Board of Education.
The proposed tax question is set to appear before voters on the May 8 ballot, according to the resolution.
The five-year levy would renew the original tax passed in 2014 that expires Dec. 31, 2019.
Extension of the existing levy is not an additional tax, school officials have stressed.
The levy generates $2.87 million per year to provide for district operating expenses.
An emergency levy is a “limited operating levy” for at most five years at a time that is, “proposed to raise a specific dollar amount,” according to information from the Ohio School Boards Association.
Including the election this May, the district has four opportunities to get the levy renewed by voters before it is set to expire.
Read complete BOE NEWS in Wednesday’s Examiner.
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