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Articles About school finances
Last week the Yellow Springs school board favored a 7.5-mill levy for the November 2012 ballot to bring in new money to the district and offset several years of deficit spending.
The current school district budget picture, as presented by district Treasurer Dawn Weller at the school board’s Oct. 14 meeting, shows that expenditures are increasing at a greater rate than revenues, and the local district will begin running a negative cash balance at the beginning of the 2013 school year.
The Antioch School organized a bike riding event to raise money for its scholarship fund last Sunday.
Over a hundred women and girls participated in the second annual Simply Women’s 5k Run/Walk last Saturday morning.
The recession kicked Yellow Springs hard in 2008, according to state income tax figures, and the school district is still reeling from a significant drop in income tax revenue from that year, which schools received in 2009.
There was an “elephant in the room” at the June 17 emergency Committee of the Whole school board meeting to discuss the district’s financial shortfall, according to villager Rachel McKinley.
The community is invited to attend an open meeting discussing the 2010 education plan and the current financial state of the Yellow Springs public schools.
To clarify what administrators fear might be villagers’ misperceptions regarding math performance at Yellow Springs High School and McKinney School, Principal John Gudgel and Interim Superintendent Tony Armocida presented information on the district’s five-year-old math initiative at the Nov. 12 school board meeting.
A narrow victory for new Yellow Springs Board of Education leaders at the board’s Jan. 14 organizational meeting reflects a deep division among board members about how best to address the significant challenges facing the board.
Schools across the country have been reeling from state funding cuts sparked by the recession, and things are no different in Ohio. And in Yellow Springs, where school income tax receipts are forecasted to drop 30 percent this year, school leaders are grappling with ways to address the shortfall.