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Marlington Local forecasts small surplus this year, warns of multi-year deficits
Summary
District treasurer reported a projected $348,932 surplus for the 2025–26 fiscal year but presented forecasts showing deficit spending beginning in fiscal 2027 without changes to transfers and revenues.
The Marlington Local School District reported a projected $348,932 surplus for the current fiscal year but warned the board that the district could return to multi‑year deficits beginning in fiscal year 2027.
Treasurer told the board on Oct. 9 that the district’s current general‑fund forecast shows a $348,932 projected surplus for the fiscal year ending June 2026. He said later fiscal‑year forecasts project a roughly $547,000 deficit in fiscal 2027 and about $1.2 million the following year under current law and with expected state changes.
The forecast discussion centered on how the district codes transfers to the capital…
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