The bond issue failed in Tuesday's primary by just seven votes.
It needed 57.14 percent of "yes" votes to pass but only 56.5 percent voted in favor of the bond.
"Just feels like the ground has been taken right out from underneath us," said Mid-Buch Bond Committee President John Anderson. "Don't really understand the whole thinking of the community. Why they don't want to take advantage of this opportunity, I have no idea."
Part of the $1.2 million bond would have paid to build a multi-purpose room that would have served as a tornado shelter.
"It is what it is," said Anderson. "It's not one person's vote, it's the whole community and this seems to be the way we want to go."
After spending thousands of dollars and countless hours bond supporters say they've lost hope.
"The next election is two thirds vote. Obviously, we're not going to get that and there's a time deadline on the grant that we have and it's running out," said Mid-Buch Superintendent John James.