8/23/16 – 4:59 A.M.
The Findlay City School district is facing a potential deficit over the next few years. The Courier reports budget numbers were reviewed during Monday’s school board meeting. The budget for this school year is $85.8 million. Treasurer Mike Barnhart has forecast a $2 million difference between general fund revenue and expenses.
Barnhart told the newspaper even if a 4.9 mill operating levy is renewed by voters next year there is still likely to be a deficit. He said the best way to shore up the numbers is to increase enrollment. The Findlay school district loses around $4 million every year through open enrollment. Barnhart added the district needs to, “help people understand that living in Findlay, this is the best place.”
Barhart said there are two main reasons the deficit is larger this year, and they both represent larger investments in the school system. The Plug Smart initiative is expected to help the district save money on utilities over the long term. The dark fiber installation project can be a revenue generator when other organizations sign on to use it.
The district also hired more teachers at the elementary level to decrease class size.
MORE: The Courier
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