From the Indianapolis Star:
Zionsville voters Tuesday passed a school-funding referendum that educators said will help the district avoid teacher layoffs and program cuts.
With nearly all of the Boone County town's precincts counted, about 57 percent had voted in favor of the referendum.
The Zionsville School Board has already voted to cut what amounts to nearly 17 full-time positions from the district’s payroll to help close a $2.5 million budget gap. That vote was made to meet a May 1 deadline to notify teachers that they may lose their jobs.
But when they cast that vote, school officials told voters it could be reversed if the referendum passes.
The referendum would increase the local school tax to 24.44 cents per $100 of assessed value — which school officials say will add up to about $239 extra per year for a $200,000 home.
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http://www.indystar.com/apps/pbcs.dll/article?AID=2012120508045
