The voters have spoken: Issue 5 has been rejected.
Tonight’s results mark the third levy failure in the last 10 months for the
The next move is to focus on passing a levy identical to Issue 5 in November.
If passed, the five-year, 6.83-mill levy would generate $15 million in revenue and cost homeowners $209 per year for every $100,000 in valuation, said Woodridge Local Schools Superintendent Walter Davis.
In the event the November issue fails, the Woodridge Board of Education will need to approve seven-figure cuts () to keep the budget balanced and in the black through 2015, said Woodridge School treasurer Deanna Levenger.
If approved by the board, the next round of cuts would go into effect on July 1, 2013.
These are the final unofficial results from the Summit County Board of Elections:
For the Levy*
Against the Levy*
If you're a Stow resident with students in the Woodridge Local Schools district, tell us what you think about tonight's decision.