Budget Committee
Ohio · IRN 050690 · Wood County

Lake Local School District

District briefing, fall 2026: enrollment, achievement, finances, property taxes and the levy record.

On the ballot · November 3, 2026

Lake Local School District: one referendum question

School district income tax

A 1% school district income tax on earned income, continuing (no end date) for current expenses.

Summary of the issue’s terms; the official ballot wording had not been published when this briefing was built. Source: Wood County BOE certified questions and issues list

Enrollment
1,478
2025-26
Performance index
85.1
2025-26
Graduation
94.0%
class of 2025
Spending / pupil
$15,309
2024-25
State share
36%
2024-25
Unreserved balance
11.4%
FY2026
Residential mills
26.1
tax year 2025
Home value
−4%
5-yr avg vs. 12 nearby districts
Enrollment

1,478 students in 2025-26, down from a peak of 1,677 in 2008-09; −7.0% over five years against −6.2% for the regional peer median.

Achievement

Performance index 85.1 of 120 in 2025-26 (Ohio median 88.3); 3.5 stars overall; four-year graduation 94.0%.

Spending

$15,309 per pupil in operating spending (2024-25), below the peer median of $15,857; the state supplies 36% of revenue and local taxes 52%.

Reserves

$2.65 million in general-fund cash at the end of FY2026; the unreserved balance was 11.4% of spending (Ohio median 36.2%).

Property taxes

26.12 effective residential mills for current expenses in 2026 (Ohio median 24.39).

Students

44% economically disadvantaged, 1% English learners, 12.5% with disabilities (2024-25).

Lake enrolled 1,478 students in 2025-26. Enrollment peaked at 1,677 in 2008-09. Since 2006-07 it has changed −6.1%, against −19.7% for the regional peer median and −19.5% for the median Ohio district.

LakeRegional peers (median)Ohio districts (median)
1101029385772006-072010-112014-152018-192025-26

Students

MeasureLakePeers (median)Ohio (median)PercentileYear
Economically disadvantaged44%42%47%43rd2024-25
English learners0.9%1.5%2.4%13th2024-25
Students with disabilities12.5%16.6%16.1%17th2024-25
Black2.1%1.6%3.4%36th2024-25
Hispanic13.4%7.2%4.2%91st2024-25
White78.7%85.9%88.7%26th2024-25
Multiracial5.2%4.3%4.4%60th2024-25

Districts that serve free meals to every student report every student as economically disadvantaged. For the 123 Ohio districts where that raised the share by 25 points or more to 95% or above in one year, this briefing uses the district’s last share before the rise.

Where resident students go

Since 2021-22 the state pays community schools, EdChoice private schools and open-enrollment districts directly, so these students no longer appear as deductions in Lake’s budget, but the district still receives no state aid for them and, for most private and charter students in grades K–8, must provide or pay for transportation.

MeasureLakeRegional peers (median)Ohio (median)PercentileYear
Resident students in district schools1,2161,0021,18052nd2025-26
Resident students on EdChoice46586143rd2025-26
Resident students in community (charter) schools39363950th2025-26
Resident students open-enrolled elsewhere116749759th2025-26

Community

MeasureLakeRegional peers (median)Ohio (median)PercentileYear
Median household income$72,796$78,940$73,77848th2020–24 ACS
Poverty rate10.6%7.8%9.9%55th2020–24 ACS
Adults with a bachelor's degree22.8%24.8%21.9%54th2020–24 ACS
Median home value$185,800$197,200$196,40045th2020–24 ACS

Home values against nearby districts

Across the five most recent Census releases (2016–20 to 2020–24), the median owner-occupied home in Lake averaged $165,220, 4% below the median of the 12 districts within 25 miles ($171,260). That ranks 8th of 13 in the area and at the 47th percentile of Ohio districts (state median $167,900).

ACS 5-year releaseLakeNearby medianDifferenceOhio median
2016–20$146,500$149,100−2%$142,600
2017–21$152,000$154,450−2%$149,100
2018–22$164,200$170,950−4%$167,700
2019–23$177,600$182,250−3%$182,500
2020–24$185,800$197,200−6%$196,400
Five-release average$165,220$171,260−4%$167,900

U.S. Census Bureau American Community Survey 5-year estimates, median value of owner-occupied homes (table B25077), in nominal dollars. Consecutive releases share four of their five survey years, so the average is a smoothed level rather than five independent years. Nearby districts are those whose NCES office address lies within 25 miles of Lake's: Otsego (17 mi, $214,300); Bowling Green (16 mi, $196,820); Eastwood (10 mi, $191,460); Swanton (22 mi, $177,580); Oregon (7 mi, $175,420); Benton Carroll Salem (16 mi, $172,540); Woodmore (11 mi, $169,980); Rossford (6 mi, $164,460); Genoa Area (6 mi, $159,820); Elmwood (22 mi, $151,040); Gibsonburg (14 mi, $141,640); Lakota Local (Sandusky) (21 mi, $137,700).

Ohio Department of Education and Workforce Report Card and District Profile (Cupp) Report; U.S. Census ACS 5-year. Student characteristics compare with the peers; enrollment, school choice and community figures with the regional peers: Eastwood, Genoa Area, Swanton, Woodmore, Rossford, Bowling Green, Otsego, Lakota Local (Sandusky), Benton Carroll Salem, Elmwood, Gibsonburg and Oregon.

Lake’s performance index — a weighted average of state test results on a 0–120 scale — was 85.1 in 2025-26, against 91.7 for the peer median and 88.3 for the median Ohio district (37th percentile).

LakePeers (median)Ohio districts (median)
101959084792014-152016-172018-192020-212022-232025-26
MeasureLakePeer medianregional beneathOhio (median)PercentileYear
Performance index (of 120)85.191.7regional 89.588.337th2025-26
Performance index, % of maximum77.2%83.2%regional 81.1%80.1%37th2025-26
Math proficient59.2%68.3%regional 63.9%63.5%41st2025-26
Four-year graduation rate94.0%96.8%regional 97.2%97.2%21stClass of 2025
Chronically absent17.5%14.5%regional 12.9%16.4%56th2025-26
Overall rating (stars)3.53.8regional 3.54.037th2025-26
LakePeers (median)Ohio districts (median)
99%97%95%92%90%2013-142015-162017-182019-202021-222024-25

Ohio Department of Education and Workforce Report Card. No state tests in 2019-20; star ratings began in 2022-23.

Lake spent $15,309 per pupil on operations in 2024-25, against $15,857 for the peer median and $16,580 for the median Ohio district. Ohio’s formula assumes each district can raise a local share based on its property values and residents’ incomes; the state supplied 36% of Lake’s revenue. At the end of FY2026 the district held $2.65 million in general-fund cash, an unreserved balance of 11.4% of a year’s spending.

LakePeers (median)Ohio districts (median)
$17,633$14,913$12,192$9,472$6,7522010-112014-152018-192024-25
LakePeers (median)Ohio districts (median)
59%44%29%15%0%FY2014FY2016FY2018FY2020FY2022FY2024FY2026
MeasureLakePeer medianregional beneathOhio (median)PercentileYear
Operating spending per pupil$15,309$15,857regional $16,525$16,58027th2024-25
Revenue per pupil$14,752$17,487regional $17,643$18,1508th2024-25
State share of revenue36%33%regional 38%43%34th2024-25
Local share of revenue52%50%regional 49%42%72nd2024-25
Federal share of revenue3%6%regional 4%6%6th2024-25
General-fund cash, end of year$2.65 million$7.29 millionregional $8.16 million$8.3 million5thFY2026
Unreserved balance, % of spending11.4%33.2%regional 40.5%36.2%5thFY2026
Average teacher salary$71,564$71,103regional $70,415$69,16360th2024-25
Property value per pupil$249,167$311,217regional $312,083$267,19742nd2023-24

ODEW District Profile (Cupp) Report; five-year forecast actuals (general operating funds, cash basis) as filed with ODEW.

Ohio’s H.B. 920 reduction factors cut the effective rate of voted levies as property values rise, so most levies raise a fixed number of dollars and districts must return to voters to keep pace; no district’s effective current-expense rate can fall below 20 mills. Lake’s effective residential rate was 26.12 mills (Ohio median 24.39). Since January 2026, districts can no longer place new emergency, substitute or replacement levies on the ballot.

MeasureLakeRegional peers (median)Ohio (median)PercentileYear
Effective residential millage, current expenses26.1223.8824.3962ndTax year 2025
Effective business millage, current expenses36.0826.8526.5877th2024-25
Total voted operating millage57.4443.6041.8776th2024-25
Median property tax on owner-occupied homes$2,433$2,482$2,22858th2020–24 ACS
As a share of household income3.3%2.9%3.1%58th2020–24 ACS

Past school tax issues

Lake has put 1 school tax issues to voters since 2021; all passed. Statewide, the Ohio School Boards Association records 2,342 school tax issues from 2016 through May 2026; 66% passed, and 39% of new-money issues.

ElectionIssueResultYes vote
Nov 2021BondPassed51.27%

Ohio School Boards Association school election results (unofficial), 2016–2026.

Ohio Department of Taxation and ODEW District Profile Report (effective millage); U.S. Census ACS 5-year; Ohio School Boards Association election results.

Wherever this briefing sets Lake beside other districts, it uses the groups below. A group figure is the middle value across its members, each counted equally, so one large member cannot dominate it.

Peers 12 districts

The 12 Ohio districts (city, local and exempted-village districts) most like Lake on four equally weighted factors: total enrollment (compared as a ratio), operating spending per pupil, students per teacher and the share of economically disadvantaged students, each difference scaled by how much the factor varies across districts, and none more than two standard deviations away on any one. The group starts with nearby districts that match closely (within half a standard deviation on average) and fills the rest from anywhere in the state. Peers carry the achievement, spending and staffing comparisons.

DistrictCountyMilesEnrollmentOperating spending per pupilStudents per teacherEcon. disadvantaged
RossfordWood61,495$20,02517.146.0%
Genoa AreaOttawa61,191$12,89616.836.0%
EastwoodWood101,389$16,02017.931.1%
WoodmoreOttawa11859$14,57316.633.9%
Bowling GreenWood162,446$17,31415.943.0%
SwantonFulton221,036$16,52315.645.2%
Napoleon AreaHenry371,599$15,41916.241.6%
Edison Local (formerly Berlin-Milan)Erie491,354$15,34316.840.7%
HeathLicking1181,515$15,69716.449.5%
James A GarfieldPortage1241,190$16,01616.942.8%
Logan ElmPickaway1421,530$17,12017.043.3%
Three RiversHamilton1791,821$15,35016.742.0%

Regional peers 12 districts

The 12 districts (city, local and exempted-village districts) within 25 miles of Lake, straight line between district offices, whose profile on the same four factors is comparable: on average within one standard deviation. They carry enrollment, property taxes and home values, and their median sits beneath the peer median elsewhere. A district in both groups appears in both lists.

DistrictCountyMilesEnrollmentOperating spending per pupilStudents per teacherEcon. disadvantaged
RossfordWood61,495$20,02517.146.0%
Genoa AreaOttawa61,191$12,89616.836.0%
OregonLucas73,308$16,52615.650.7%
EastwoodWood101,389$16,02017.931.1%
WoodmoreOttawa11859$14,57316.633.9%
GibsonburgSandusky14656$17,15315.645.1%
Bowling GreenWood162,446$17,31415.943.0%
Benton Carroll SalemOttawa161,227$17,14214.936.2%
OtsegoWood171,469$14,62619.529.5%
Lakota Local (Sandusky)Sandusky21852$16,51115.648.6%
ElmwoodWood221,078$17,18414.638.6%
SwantonFulton221,036$16,52315.645.2%

“Ohio median” is the middle value across Ohio’s city, local and exempted-village school districts; career centers and community schools are left out.