A 4.75-mill, five-year operating levy failed on the ballot for Lake Local Schools was defeated Tuesday night by more than 350 votes.
“Twenty-two hundred people in our community thought, for whatever reason, that the money isn’t needed or we should make more cuts. We respect the democratic process," said Jim Witt, the superintendent of schools.
Mr. Witt said the Lake school board would “regroup” when it meets Nov. 16 to discuss the district’s 2012 finances.
“Our options are few, and none of them are pleasant,” he said.