- Home ▼
- Subscribe ▼
- E-edition ▼
- Advertise ▼
- Submissions ▼
- Calendars ▼
- Business Listings ▼
- Classifieds ▼
Articles About school budget
Public Hearing on the Yellow Springs Exempted Village School District Budget, January 13, 2022 at 6 p.m.
A $300 million cut in funding to Ohio schools this fiscal year, announced by Gov. Mike DeWine in May, will mean the loss of more than $140,000 in anticipated revenue for Yellow Springs Schools over May and June, according to state and district administrators.
If the revenue and expenditures of Yellow Springs Schools continue this year as projected, the district will end the 2018–19 fiscal year with a $126,000 drop in its reserves, according to district Treasurer Dawn Bennett.
At last week’s school board meeting, the Yellow Springs school district’s Director of Advancement and Community Relations presented the board with an overview of her office’s fundraising efforts.
For the second time in the past five years, Yellow Springs High School was named one of the state’s top high schools in the annual U.S. News and World Report high school survey.
Yellow Springs schools are considering increasing expenditures next year for a new full-time employee to help raise private funds for the district.
At their meeting Thursday, May 9, the Yellow Springs school board approved the rosiest five-year forecast that they’ve seen in the past three years.
The latest five-year budget forecast presented at the school board meeting Thursday, Oct. 4, continued to show that the district is still facing financial woes.
The school board ratified one of its two employee contracts this week with the local Ohio Association of Public School Employees, or the certified staff union. An agreement was reached within two meetings, and ratified 3–0 by the school board at a special meeting on Monday, June 27.
According to the Yellow Springs school board, due to the cumulative effect of the budget reductions the district instituted this spring, the five-year budget forecast through 2015 looks slightly better than it did last fall.