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Tallmadge City Schools project multimillion-dollar state funding drop, board adopts four-year forecast ahead of levy vote
Summary
District presenters told the Tallmadge City Board of Education the district will lose roughly $1.7–$2.0 million in state aid over three years because of valuation-driven reductions in the state share; the board voted to adopt and submit the four‑year forecast required by state law and continues to urge passage of a renewal levy.
Tallmadge City Schools officials told the Board of Education on Oct. 15 that a rise in local property valuation has reduced the district’s state funding share and will lower state payments by roughly $1.7 million to more than $2 million across the next three fiscal years, and the board voted to adopt the district’s four‑year financial forecast for submission to the state.
District staff presented detailed calculations showing that the district’s state share per student declined from about $3,001.95 in fiscal 2024 to a projected lower amount by fiscal 2027. A district presenter summarized the effect in dollars: with an average daily membership of roughly 2,400 students, the reduced state share produces an aggregate revenue loss in the low millions each year.
The presentation framed the revenue loss as a valuation-driven effect of state funding rules — including the phase-in…
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