Cincinnati Board discusses $48M levy for Preschool Promise amid budget constraints

The Cincinnati Public Schools (CPS) Board Business Meeting on April 7, 2025, focused on critical discussions regarding a proposed income tax levy and its implications for funding educational initiatives, particularly the Preschool Promise program. Board members emphasized the urgency of making decisions about the levy, with a resolution needed by May 5 to facilitate campaign efforts.

Treasurer Wagner highlighted the necessity of a board resolution that would outline a $48 million levy request for a duration of ten years. This request is seen as essential due to rising costs and inflation, as CPS has not had a new money levy since 2016. Board member Lindy expressed concerns about the district's declining performance index, which dropped from 69% in 2016 to 60.5% in 2024, despite increased spending per pupil. He stressed that any request for additional funding must be accompanied by a clear plan for improving academic outcomes.

Vice President Bolton supported the idea of extending the levy to ten years, noting that this could streamline future funding requests. However, he also acknowledged the challenges posed by inflation, which diminishes the purchasing power of the proposed levy over time. Both board members underscored the importance of timing in relation to other potential tax increases in the city, suggesting that careful coordination is necessary to avoid overwhelming voters with multiple tax requests.

The discussions reflect a critical juncture for CPS as it navigates funding challenges while aiming to enhance educational quality. The board's upcoming decisions will significantly impact the district's financial strategy and its ability to support essential programs like Preschool Promise.