Lehi Board discusses financial challenges and options amid state funding uncertainty

The Three Rivers Local School District Board meeting on December 10, 2024, focused on the district's financial outlook and the challenges faced by local schools. Board members discussed the current budget situation, emphasizing that despite ongoing negative cash flow, the district is not in immediate danger.

Treasurer Terry highlighted that the district has experienced negative cash flow for the past seven years but reassured attendees that the situation is manageable. He noted that many districts in Southwest Ohio are facing similar financial challenges, indicating a broader issue with state funding. The board is considering various options to address the budget, including potential expenditure reductions and other financial strategies.

The discussion also touched on the importance of state funding and the uncertainty surrounding it, which complicates financial forecasting. Despite these challenges, the board expressed optimism about having time to make necessary adjustments before the next meeting in May.

Terry encouraged the public to review the district's financial forecast, which is available on the district's website, providing transparency and detailed insights into revenue and expenses. The meeting concluded with a commitment to continue monitoring the financial situation and exploring solutions collaboratively.