In a recent government meeting, officials reported a successful fiscal year 2024, highlighting a $2 million surplus attributed to increased real estate taxes and a rise in funding from the Ohio Department of Education (ODE). The surplus, however, is viewed with caution as it may not significantly alleviate future financial pressures, particularly with the expiration of ESSER funds that had previously supported salaries and benefits.

The district's revenues totaled $46 million against expenses of $44 million, leading to the surplus. Officials noted that while the surplus appears substantial, it could quickly be consumed by payroll and other rising costs. Contract negotiations with unions have resulted in reasonable pay raises, further indicating that expenses are likely to increase in the coming years.

Additionally, the food service fund reported a decrease in surplus from $500,000 last year to $200,000 this year, largely due to the absence of ESSER funding. Despite this decline, officials expressed satisfaction with maintaining a positive cash balance, although they anticipate challenges in sustaining this surplus as the district transitions to full meal service for all students.

The meeting also addressed the importance of families completing necessary forms for free and reduced lunch programs. Officials emphasized that accurate reporting is crucial for maintaining funding levels and ensuring that the district qualifies for federal assistance. They plan to distribute these forms at the start of the school year to encourage participation and support for families in need.

Overall, while the district is currently in a favorable financial position, officials remain vigilant about potential fluctuations in state funding and rising costs that could impact future budgets.