Cuyahoga Falls City Schools will ask voters in November to approve a 5.5-mill property tax levy to fund operating expenses. The levy would raise about $6.1 million annually and cost the owner of a $100,000 home an additional $193 per year.
Financial Challenges
The school district faces a nearly $4 million budget shortfall in the 2028-29 school year, according to its most recent financial forecast. The district has been spending against its cash balance each year.
Board President Anthony Gomez stated that the board has begun working on a statement of facts that lists the cuts that would be made if the levy fails. The statement is still being developed and will be released to the public at a later date.
In May, voters across Ohio overwhelmingly rejected property and income tax hikes requested by local districts to fund K-12 public schools. Only 24 of 66 local school district property and income tax levies passed, according to the Ohio School Boards Association.
Original reporting: Signal Akron — read the source article.
