Lakeview voters will see school levy
CORTLAND — Lakeview Board of Education voted Monday to place an emergency tax levy on the March 4, 2008, ballot, hoping to eliminate projected budget deficit for the 2008-09 school year.
The 7.5-mill levy would bring in $2 million annually if approved by district voters.
The district has a projected $900,000 deficit for the 08-09 school year, according to Treasurer Milton Williams.
Because of the deficit, the district is expected to be placed in fiscal caution, the first of three levels of financial watch identified by the state of Ohio.
For more, see Tuesday’s Vindicator and Vindy.com
43
