SHERMAN, Tex. -- A major blow was dealt to several school districts around Grayson County, including the Sherman ISD, as at least three rollback elections failed over the weekend. Sherman residents spoke out about the failed measure on Monday.

Parents at Neblett Elementary School in Sherman we spoke to had mixed reactions. Some are happy, saying they are unable to pay more, while others say without the rollback money, they are worried their children's education could suffer.

Allen Spivey has children and grandchildren in Sherman schools. While he knows the district needs the money, he says he just cannot afford a tax increase. Spivey says he will soon be moving to Oklahoma, where as a disabled veteran he will not have to pay property taxes.

"Taxes are good for people if they're at a rate people can afford, but if they're up high, a disabled veteran can't make them," Spivey said.

Because state funding for schools was frozen at year 2006 levels, the Sherman Independent School District was asking for an additional thirteen-cents-per-$100 of property value to make up the difference between what they will get and what they will need.

Like Spivey, Dr. Steve Johnson was against the increase. Johnson says the burden of funding the schools should not land on the shoulders of all taxpayers, but that the money should instead come from other people in the community.

"I think we should all step up as individual concerned taxpayers, those of us who can afford to do it, and should do that, because we respect our teachers, we respect the job that they do. We want them to stay here educating our children."

Johnson says he never opposed education. He simply opposes making taxpayers foot the bill.

Parent Martha Turner says the schools need funding, even if it means paying more.

"The money is going everywhere but at the kids. They need a good education, but we can't give it to them because there's not enough funding. There’s no books, the books are outdated and everything, so I really think it would've been good if it had have passed," said Turner.

In a statement to KXII-TV, school board member John Hendricks says the board will now begin working on balancing next year's budget, saying the ratification's failure will have an impact on children's education and extracurricular activities, but members will work to make that impact as small as possible.

To see rollback election results held in other Texoma towns, click here.