It is said there are only two things in life that are inevitable– death, and taxes.
The Pettisville School Board proved that old axiom wrong last week when it voted to take a 1% income tax levy off the August special election ballot.
The district financial picture was better than expected, and the board decided it didn’t need the additional revenue from the levy at this time.
The board is still spending more than it receives from property and income taxes, and state and federal support. But instead of ending the fiscal year $174,000 in the hole, board members think they’ll be able to choke off the flow of red ink to $50,000, or possibly less.
It’s a positive indication the board is working to maintain the trust between itself and taxpayers. The board could have let the levy go through, but decided to be honest and say it doesn’t need the money right now.
That should be a plus with district residents when additional operating money is needed.
Given Ohio’s current school funding methods, additional money will be needed in the future.
But for now, the board can say thanks, it has enough.