In Ohio, when voters approve a school levy, the amount of money collected is based on property values at the time the levy passes. Meaning even if property values increase later, the revenue from that levy doesn’t go up.  This is due to House Bill 920, enacted in 1976, which adjusts tax rates downward as property values rise to keep the revenue consistent. As a result, schools often need to propose new levies to secure additional funding.   For more detailed information, you can refer to the Ohio School Boards Association’s fact sheet on understanding school levies.
Source: https://www.ohioschoolboards.org/sites/default/files/OSBAUnderstandingLeviesFactSheet.pdf

Understanding Real Poperty Appraised Value and Assessed(Taxable) Value
Source: https://tax.ohio.gov/help-center/faqs/real-property-tax-general/real-property-tax--general

Ohio Governor Mike DeWine is proposing cutting 10% from baseline funding of public schools. Wickliffe City School was receiving $2.8 million from the state and this will hurt our kids and consequently our community.
Source: https://www.cleveland19.com/2025/02/20/will-your-school-district-lose-state-funding-because-gov-dewines-proposed-budget-look-it-up-here

Keep in mind that DOGE & POTUS have promised eliminating the Department of Education. This means Ohio will lose an additional $11.64 Billion in funding.
Source: https://education.ohio.gov/Topics/Finance-and-Funding/Overview-of-School-Funding

Education Demographic and Geographic Estimates (EDGE)
Source: https://nces.ed.gov/Programs/Edge/ACSDashboard/3904508