The Green Local Schools Board of Education meeting on November 25, 2024, focused on the district's financial outlook and enrollment trends, highlighting both challenges and strategies for sustainability.

During the meeting, the district's treasurer, Mrs. Snowberger, presented a detailed financial forecast. She noted that the annual revenue change from fiscal year 2021 to 2024 was only 2.9%, with projections indicating a slight decrease to 2.79% despite new property tax revenues. This trend reflects a decline in state funding and student enrollment, which poses ongoing challenges for the district's financial health.

Mrs. Snowberger emphasized the rising costs of expenses, which increased by 3.25% historically and are projected to rise by 4.75% in the coming years. Key factors contributing to these expenses include utilities and personnel costs, which are influenced by negotiated salary agreements. She pointed out that while the district currently has a carryover of $2.3 million, this amount would only sustain operations for less than a month by fiscal year 2029, indicating a need for careful financial management moving forward.

Enrollment figures were also a significant topic of discussion. The district experienced a decrease of 11 students last year, but current enrollment numbers have stabilized, matching those from 2023. Mrs. Snowberger noted that the district is currently on a state guarantee, ensuring consistent funding regardless of enrollment fluctuations.

The board also discussed the per-student spending, which is projected at $12,470 for the fiscal year 2025, translating to approximately $69 per day per student. Funding sources for this expenditure include local residents, state foundation support, and federal grants.

In response to questions from board members, Mrs. Snowberger reassured them of the district's commitment to maintaining a balanced budget and highlighted the importance of responsible spending, particularly regarding CARES funds. She emphasized that these funds were utilized for long-lasting resources rather than consumables, ensuring their effective use.

The meeting concluded with board members expressing appreciation for Mrs. Snowberger's diligent financial oversight and the importance of transparency in the district's financial dealings. As the district prepares for future challenges, the board remains focused on strategic planning to ensure continued educational support for students.