OAK HARBOR, Ohio (WTVG) - Voters in Oak Harbor have elected to pass a school levy that would provide $1.5 million per year in revenue from property taxes for the school district.
The vote passed on Tuesday 50.6%-49.4%. 1,993 votes in favor. 1946 against.
Under the levy, the district will receive an increase of $139 per $100,000 of property value from taxpayers in an effort to offset a large revenue loss in recent months -- $6 million in losses out of a $20 million budget. According to the school district's website, that loss came as a result of two measures. The first, the phase-out of public utility tangible personal property (PUTPP) reimbursement payments from the state, which compound each year through 2030.
The second is a devaluing of the Davis-Besse nuclear power plant by First Energy which results in a $4.6 million annual revenue loss.
This is the second time this year that the school board has attempted to pass a levy to offset these losses. The first ballot measure, which was voted on in August, failed by a narrow 1% margin (50% to 49%).