At the New Philadelphia City School District's special board meeting on November 25, 2024, financial challenges took center stage, particularly concerning property taxes and state funding. Board members expressed deep concerns over skyrocketing property taxes and their impact on local revenue, which is intricately linked to state funding.

The discussion highlighted a proposed increase in the homestead exemption for the elderly, aimed at providing some relief from rising taxes. However, the board acknowledged that without legislative action, many residents would continue to feel the financial strain.

A significant point of contention was the relationship between property taxes and unrestricted grants from the state. As property taxes rise, state funding is expected to decrease, creating a precarious financial situation for the district. The board noted that the current funding model could lead to a reduction in state support, with uncertainty looming until the governor's budget is finalized in July 2025.

In a positive turn, the district anticipates a $1.7 million increase in restricted grants due to its participation in the Community Eligibility Provision (CEP) program, which provides free and reduced lunch to students. However, this increase is expected to affect multiple districts, raising concerns about sustainability and potential adjustments in future funding.

As the board grapples with these financial uncertainties, the focus remains on advocating for stable funding and exploring options to mitigate the impact of rising property taxes on the community. The next steps will hinge on the state’s budget decisions, which will be closely monitored in the coming months.