Fostoria School Board Examines 5-Year Financial Forecast

10/16/18 – 7:02 A.M.

Increasing expenses could lead the Fostoria school district to deficit spend in a couple of years. The Review-Times reports Treasurer Sue Lehmann gave the school board an update on the five-year-forecast Monday night. She says if current trends hold up, the district will have more expenses than revenue in 2020.

Lehman adds it’s not a big cause for concern at the moment because they have a large cash reserve. She says a lotcan change in a two year period.

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