If voters in the Waterloo school district reject another levy -- this one a 5.9-mill, five-year levy on the Feb. 5 ballot -- it could be put in fiscal emergency by the state.
The Waterloo Community Action Committee is sponsoring a meeting at 7 p.m. Jan. 14 in the high school's media center, 1464 Industry Road, to explain what that would mean to the district, which serves Atwater and Randolph townships.
Confirmed to attend the session are Portage County Auditor Janet Esposito, Ohio Sen. John Eklund; Roger Hardin of the Ohio Department of Education Office of School Options and Finance; and William Stauffer, superintendent of the Springfield School District in nearby Lakemore, Summit County. Stauffer will relate the experiences at Springfield which was recently in fiscal emergency.
The meeting will cover what actually could happen if the state takeover of the district occurs.
The district is asking voters to approve a 5.9-mill, five-year levy to avoid an operating deficit. The levy would raise $939,557 per year.
In November, voters rejected a 5.0-mill levy that would have generated about $796,200 annually for five years starting in 2012. The levy on the Feb. ballot is higher because the district has lost a year of collections to help avoid an operating deficit, said Superintendent Andrew Hill.
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