Voters in the Findlay School District will be asked to approve additional operating money for the schools on the spring ballot.
Findlay school board voted 5-0 in regular session Monday to place a five-year, 5.9-mill levy on the March 17 ballot.
There was no discussion.
If approved, collection of the levy would begin in 2021. The levy is expected to generate about $4.9 million each year when fully collected.
It is expected to cost the owner of a home with a market value of $100,000 about $206 per year.
The last time Findlay City Schools asked for additional operating funds was in 2004, which was also approved as a five-year, 5.9-mill levy. In May 2014, voters agreed to make that levy permanent.
The district’s five-year financial forecast, which was also approved by the school board Friday, shows that without additional money, the city schools could face a $12 million deficit by 2024.