Yellow Springs School Board Section :: Page 7
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Budget deficit forecasted for Village Schools
After finishing the last two fiscal years with revenues higher than expenditures, Yellow Springs school leaders anticipate a return to deficit spending this fiscal year (FY), which ends June 30, 2022, according to the district’s latest five-year financial forecast.
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Ellison resigns from YS school board
Yellow Springs school board member Sylvia Ellison has resigned, according to a press release from the district on Friday afternoon, Nov. 12.
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Two election petitions rejected in YS school board race
Two Yellow Springs School Board incumbents, Vice President Aïda Mehermic and first-term member Steve McQueen will not be eligible to run for office in the 2021 election cycle because their petitions were not certified by the Greene County Board of Elections, or BOE.
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YS school board— Deficit delayed by one year
Revenue over the past 10 months is about $500,000 ahead of budgeted projections, while expenses are about $500,000 under budget.
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Schools project deficit by 2024
With the expectation that the district will be going to voters for more funds in the form of a facilities bond levy in late 2021, Treasurer Emrick presented the annual five-year financial forecast during the school board’s most recent meeting.
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Yellow Springs Schools facilities upgrades— $30 million cost expected
Yellow Springs School District leaders anticipate a $30 million price tag, at minimum, to upgrade the district’s buildings, whether those improvements take the form of new construction or major renovations.
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Yellow Springs Board of Education • Regular Meeting
Yellow Springs Board of Education • Regular Meeting, Thursday, Nov.12, 2020, 7 p.m.
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Yellow Springs School board— Facilities back at forefront
Administrators’ recent focus on pandemic-related school closures, and the accompanying transition to online instruction, drastically slowed the facilities conversation, but didn’t sideline it completely.
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Yellow Springs Board of Education • Regular Meeting
Yellow Springs Board of Education • Regular Meeting, Thursday, Nov.12, 2020, 7 p.m.
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Yellow Springs Board of Education • Virtual Meeting
Yellow Springs Board of Education • Legal Notice
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