This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
The Perrysburg Board of Education is grappling with significant financial challenges as it prepares for upcoming levy discussions. During a special board meeting on December 12, 2024, members highlighted the pressing need to address the expiration of a crucial permanent improvement levy set to end next year. This levy, in place since 1980, generates approximately $1.5 million annually for essential projects like roof repairs and bus purchases.
As the board considers whether to renew the levy, they face the reality of aging school facilities and the limited impact of potential commercial developments, such as a proposed Topgolf venue. While the addition of commercial properties is welcomed, board members emphasized that one development alone cannot resolve the district's financial issues, which include a projected $13.5 million deficit.
The board is also contemplating the timing of the levy renewal, with May and November being the two potential election windows. Additionally, they discussed the implications of retiring debt mills in fiscal year 2025, which could affect future tax collections.
In light of these discussions, the board is tasked with making critical decisions that will shape the financial landscape of the Perrysburg school district. The outcome of these deliberations will be pivotal in determining how the district manages its resources and maintains its facilities in the years to come.
Converted from Perrysburg BOE Special Board Meeting 12-12-2024 meeting on December 13, 2024
Link to Full Meeting